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The “Multi-Factor Authentication Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global multi-factor authentication market reached a value of US$ 12.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 34.7 Billion by 2027, exhibiting a CAGR of 17.8% during 2022-2027.
Companies Mentioned
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CA Technologies
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Crossmatch
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Deepnet Security Ltd.
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Entrust
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Fujitsu
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Gemalto NV
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Microsoft Corporation
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NEC Corp
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Okta
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Ping Identity
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RSA Security
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SecureAuth
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SecurEnvoy
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Suprema HQ
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Symantec VIP
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor
The multi-factor authentication (MFA) system is designed to protect organizations and business units from potential security breaches through a multi-layered verification process. The authentication requires the individual to present multiple safety validation variables, such as their login credentials, followed by a security token, one-time password (OTP) or biometric verification, which is unique to the user. This aims to create and elaborate defense system against any unauthorized individual from accessing a computer device, network, database or a …
Full story available on Benzinga.com
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