Multi-Factor Authentication Market - Top Companies and Manufacturers

  • Report ID: 5191
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Companies Dominating the Multi-Factor Authentication Landscape

    • OneSpan
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis

     

    • RSA Security LLC 
    • NEC Corporation 
    • Broadcom Inc.
    • Trust Stamp
    • Open Text Corporation
    • Oracle
    • Secret Double Octopus 
    • Microsoft
    • Appsian Security.

Browse Key Market Insights with Data Illustration:

In the News

  • Trust Stamp has introduced a biometric multifactor authentication solution based on Biometric MFA. The Biometric MFA automates reliable identity assurance with only a selfie. It adds a second and third authentication factor by verifying that the data from the selfie is still active and irreversibly tokenizing it, doing away with the requirement for passcodes from SMS, email, authenticator applications, or hardware tokens.
  • OneSpanTM, a firm that secures digital agreements, today unveiled its most recent high-assurance identity verification and authentication tools. These tools are intended to boost the security, confidence, and trust that have grown to be essential to how we communicate and carry out significant digital transactions. The latest generation of OneSpan's cloud-connected DIGIPASS CX devices offers the highest level of assurance in response to the growing issue of identity and credential theft as well as the relentlessness of cyber adversaries.

Author Credits:  Abhishek Verma


  • Report ID: 5191
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of multi-factor authentication is assessed at USD 77.99 billion.

The multi-factor authentication market size was valued at USD 68.08 billion in 2024 and is set to reach USD 601.8 billion by the end of 2037, expanding at around 18.2% CAGR during the forecast period i.e., between 2025-2037. Escalating cyber-attacks, increasing remote work culture, and penetration of mobile devices will impel the market growth.

Europe industry will grow at a significant rate through 2037, owing to countrys economic development and technological maturity.

The major players in the market include OneSpan, RSA Security LLC, NEC Corporation, Broadcom Inc., Trust Stamp, Open Text Corporation, Oracle, Secret Double Octopus, Microsoft, Appsian Security.
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