Global Multi-Factor Authentication (MFA) Market Growth (Status and Outlook) 2025-2031
Product Code: 1282182
Industry: Service & Software
Published: Sep 21,2025
Pages: 160
Delivery Time: 2-3 business days
Global Multi-Factor Authentication (MFA) Market Growth (Status and Outlook) 2025-2031
Product Code: 1282182
Industry: Service & Software
Published: Sep 21,2025
Pages: 160
Delivery Time: 2-3 business days
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Description
According to this study, the global Multi-Factor Authentication (MFA) market size will reach US$ 46965 million by 2031.
Multi-Factor Authentication (MFA) is an identity verification method that enhances account security by requiring users to provide multiple independent verification factors to confirm their identity. Unlike traditional single-factor authentication (SFA), which relies solely on a password, MFA combines at least two different forms of authentication, such as knowledge factors (e.g., password or PIN), possession factors (e.g., mobile phone, hardware token), and biometric factors (e.g., fingerprint, facial recognition). This approach significantly improves account security and reduces risks associated with password leaks or theft.
The MFA market has witnessed rapid growth in recent years, particularly in industries that heavily rely on data security, such as finance, healthcare, government, and e-commerce. As cyber threats become increasingly diverse, MFA has become the standard solution to address risks like data breaches and identity theft. Many businesses and organizations have adopted MFA as a core component of their security strategy, driving the widespread application of this technology.
The rapid growth of the Multi-Factor Authentication (MFA) market can be attributed to several driving factors. Firstly, the increasing number of cyberattacks and data breaches is the primary reason for the widespread adoption of MFA. In recent years, cyber threats have become more complex, with issues like password leaks, identity theft, and ransomware becoming common, pushing businesses to strengthen their identity verification measures. Secondly, the accelerated pace of digital transformation has also provided growth opportunities for the MFA market. As businesses expand into emerging technologies such as cloud computing, big data, and IoT, the need for security is growing, making MFA a crucial technology to ensure data safety. Furthermore, increasing government regulations on data privacy and security are compelling companies to adopt MFA to comply with legal requirements.
Although MFA has significant market development potential, it also faces some challenges. For instance, user experience is a key issue in the adoption of MFA. Users may resist frequent authentication steps, weakening the effectiveness of security measures. Additionally, the deployment and maintenance costs of MFA systems are relatively high, which may put financial strain on small and medium-sized businesses.
Despite its significant advantages in enhancing cybersecurity, the implementation of MFA also faces several challenges and risks. One of the key challenges is technical complexity. MFA systems require integration of multiple authentication methods, such as hardware tokens, SMS-based OTPs, and biometric technologies, which may involve high costs for technology integration and device investments for businesses. Secondly, MFA may have a negative impact on user experience. Users might find frequent authentication steps inconvenient, especially when additional devices like hardware tokens or biometric systems are involved, potentially increasing user resistance and reducing the effectiveness of security measures. Finally, security vulnerabilities also pose a significant risk to MFA systems. If any of the MFA components, such as SMS verification or biometric systems, have technical flaws, hackers could exploit these vulnerabilities to bypass the authentication system, leading to potential security breaches.
As cyber threats continue to escalate, downstream demand for MFA technology is becoming increasingly diverse and growing. Firstly, the financial sector's demand for MFA is rising rapidly. Since financial transactions involve large amounts of sensitive data, financial institutions must adopt stricter authentication measures to protect customer funds and personal information. Secondly, the healthcare sector is also gradually increasing the use of MFA, particularly in the protection of patient data and the security of electronic health record systems. With the development of cloud computing and telemedicine, the healthcare industry's demand for data security is becoming more urgent. Additionally, e-commerce and social platforms are strengthening the implementation of MFA to prevent account theft and user privacy breaches. Overall, as industries place greater emphasis on data security, MFA will continue to experience sustained growth in downstream demand.
LPI (LP Information)' newest research report, the “Multi-Factor Authentication (MFA) Industry Forecast” looks at past sales and reviews total world Multi-Factor Authentication (MFA) sales in 2024, providing a comprehensive analysis by region and market sector of projected Multi-Factor Authentication (MFA) sales for 2025 through 2031. With Multi-Factor Authentication (MFA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Multi-Factor Authentication (MFA) industry.
This Insight Report provides a comprehensive analysis of the global Multi-Factor Authentication (MFA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Multi-Factor Authentication (MFA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Multi-Factor Authentication (MFA) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Multi-Factor Authentication (MFA) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Multi-Factor Authentication (MFA).
This report presents a comprehensive overview, market shares, and growth opportunities of Multi-Factor Authentication (MFA) market by product type, application, key players and key regions and countries.
Segmentation by Type:
Two-Factor Authentication
Three-Factor Authentication
Others
Segmentation by Deployment Mode:
On-Premises Deployment
Cloud-based Deployment
Segmentation by Application:
Financial Sector
Healthcare
Government & Public
Enterprises & E-Commerce
Education & Research Institutions
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fortinet, Inc.
CyberArk Software Ltd.
Morpho
Shufti
AuthX
Frontegg
Okta Adaptive MFA
Microsoft Entra MFA
PingOne
OneLogin
JumpCloud Protect
IBM Security Verify
RSA SecurID
Palo Alto Networks
Thales DIS
Entrust
HID Global
Symantec VIP
Duo Security
SSO360
Beijing Trusfort Technology
Chelen
Authing
Nington
Keypasco
Table Of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Multi-Factor Authentication (MFA) Market Size (2020-2031)
2.1.2 Multi-Factor Authentication (MFA) Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Multi-Factor Authentication (MFA) by Country/Region (2020, 2024 & 2031)
2.2 Multi-Factor Authentication (MFA) Segment by Type
2.2.1 Two-Factor Authentication
2.2.2 Three-Factor Authentication
2.2.3 Others
2.2.4 Multi-Factor Authentication (MFA) Market Size by Type
2.2.4.1 Multi-Factor Authentication (MFA) Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.2.4.2 Global Multi-Factor Authentication (MFA) Market Size Market Share by Type (2020-2025)
2.3 Multi-Factor Authentication (MFA) Segment by Deployment Mode
2.3.1 On-Premises Deployment
2.3.2 Cloud-based Deployment
2.3.3 Multi-Factor Authentication (MFA) Market Size by Deployment Mode
2.3.3.1 Multi-Factor Authentication (MFA) Market Size CAGR by Deployment Mode (2020 VS 2024 VS 2031)
2.3.3.2 Global Multi-Factor Authentication (MFA) Market Size Market Share by Deployment Mode (2020-2025)
2.4 Multi-Factor Authentication (MFA) Segment by Application
2.4.1 Financial Sector
2.4.2 Healthcare
2.4.3 Government & Public
2.4.4 Enterprises & E-Commerce
2.4.5 Education & Research Institutions
2.4.6 Others
2.4.7 Multi-Factor Authentication (MFA) Market Size by Application
2.4.7.1 Multi-Factor Authentication (MFA) Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.4.7.2 Global Multi-Factor Authentication (MFA) Market Size Market Share by Application (2020-2025)
3 Multi-Factor Authentication (MFA) Market Size by Player
3.1 Multi-Factor Authentication (MFA) Market Size Market Share by Player
3.1.1 Global Multi-Factor Authentication (MFA) Revenue by Player (2020-2025)
3.1.2 Global Multi-Factor Authentication (MFA) Revenue Market Share by Player (2020-2025)
3.2 Global Multi-Factor Authentication (MFA) Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Multi-Factor Authentication (MFA) by Region
4.1 Multi-Factor Authentication (MFA) Market Size by Region (2020-2025)
4.2 Global Multi-Factor Authentication (MFA) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Multi-Factor Authentication (MFA) Market Size Growth (2020-2025)
4.4 APAC Multi-Factor Authentication (MFA) Market Size Growth (2020-2025)
4.5 Europe Multi-Factor Authentication (MFA) Market Size Growth (2020-2025)
4.6 Middle East & Africa Multi-Factor Authentication (MFA) Market Size Growth (2020-2025)
5 Americas
5.1 Americas Multi-Factor Authentication (MFA) Market Size by Country (2020-2025)
5.2 Americas Multi-Factor Authentication (MFA) Market Size by Type (2020-2025)
5.3 Americas Multi-Factor Authentication (MFA) Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Multi-Factor Authentication (MFA) Market Size by Region (2020-2025)
6.2 APAC Multi-Factor Authentication (MFA) Market Size by Type (2020-2025)
6.3 APAC Multi-Factor Authentication (MFA) Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Multi-Factor Authentication (MFA) Market Size by Country (2020-2025)
7.2 Europe Multi-Factor Authentication (MFA) Market Size by Type (2020-2025)
7.3 Europe Multi-Factor Authentication (MFA) Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Multi-Factor Authentication (MFA) by Region (2020-2025)
8.2 Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Type (2020-2025)
8.3 Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Multi-Factor Authentication (MFA) Market Forecast
10.1 Global Multi-Factor Authentication (MFA) Forecast by Region (2026-2031)
10.1.1 Global Multi-Factor Authentication (MFA) Forecast by Region (2026-2031)
10.1.2 Americas Multi-Factor Authentication (MFA) Forecast
10.1.3 APAC Multi-Factor Authentication (MFA) Forecast
10.1.4 Europe Multi-Factor Authentication (MFA) Forecast
10.1.5 Middle East & Africa Multi-Factor Authentication (MFA) Forecast
10.2 Americas Multi-Factor Authentication (MFA) Forecast by Country (2026-2031)
10.2.1 United States Market Multi-Factor Authentication (MFA) Forecast
10.2.2 Canada Market Multi-Factor Authentication (MFA) Forecast
10.2.3 Mexico Market Multi-Factor Authentication (MFA) Forecast
10.2.4 Brazil Market Multi-Factor Authentication (MFA) Forecast
10.3 APAC Multi-Factor Authentication (MFA) Forecast by Region (2026-2031)
10.3.1 China Multi-Factor Authentication (MFA) Market Forecast
10.3.2 Japan Market Multi-Factor Authentication (MFA) Forecast
10.3.3 Korea Market Multi-Factor Authentication (MFA) Forecast
10.3.4 Southeast Asia Market Multi-Factor Authentication (MFA) Forecast
10.3.5 India Market Multi-Factor Authentication (MFA) Forecast
10.3.6 Australia Market Multi-Factor Authentication (MFA) Forecast
10.4 Europe Multi-Factor Authentication (MFA) Forecast by Country (2026-2031)
10.4.1 Germany Market Multi-Factor Authentication (MFA) Forecast
10.4.2 France Market Multi-Factor Authentication (MFA) Forecast
10.4.3 UK Market Multi-Factor Authentication (MFA) Forecast
10.4.4 Italy Market Multi-Factor Authentication (MFA) Forecast
10.4.5 Russia Market Multi-Factor Authentication (MFA) Forecast
10.5 Middle East & Africa Multi-Factor Authentication (MFA) Forecast by Region (2026-2031)
10.5.1 Egypt Market Multi-Factor Authentication (MFA) Forecast
10.5.2 South Africa Market Multi-Factor Authentication (MFA) Forecast
10.5.3 Israel Market Multi-Factor Authentication (MFA) Forecast
10.5.4 Turkey Market Multi-Factor Authentication (MFA) Forecast
10.6 Global Multi-Factor Authentication (MFA) Forecast by Type (2026-2031)
10.7 Global Multi-Factor Authentication (MFA) Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Multi-Factor Authentication (MFA) Forecast
11 Key Players Analysis
11.1 Fortinet, Inc.
11.1.1 Fortinet, Inc. Company Information
11.1.2 Fortinet, Inc. Multi-Factor Authentication (MFA) Product Offered
11.1.3 Fortinet, Inc. Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Fortinet, Inc. Main Business Overview
11.1.5 Fortinet, Inc. Latest Developments
11.2 CyberArk Software Ltd.
11.2.1 CyberArk Software Ltd. Company Information
11.2.2 CyberArk Software Ltd. Multi-Factor Authentication (MFA) Product Offered
11.2.3 CyberArk Software Ltd. Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 CyberArk Software Ltd. Main Business Overview
11.2.5 CyberArk Software Ltd. Latest Developments
11.3 Morpho
11.3.1 Morpho Company Information
11.3.2 Morpho Multi-Factor Authentication (MFA) Product Offered
11.3.3 Morpho Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Morpho Main Business Overview
11.3.5 Morpho Latest Developments
11.4 Shufti
11.4.1 Shufti Company Information
11.4.2 Shufti Multi-Factor Authentication (MFA) Product Offered
11.4.3 Shufti Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Shufti Main Business Overview
11.4.5 Shufti Latest Developments
11.5 AuthX
11.5.1 AuthX Company Information
11.5.2 AuthX Multi-Factor Authentication (MFA) Product Offered
11.5.3 AuthX Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 AuthX Main Business Overview
11.5.5 AuthX Latest Developments
11.6 Frontegg
11.6.1 Frontegg Company Information
11.6.2 Frontegg Multi-Factor Authentication (MFA) Product Offered
11.6.3 Frontegg Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Frontegg Main Business Overview
11.6.5 Frontegg Latest Developments
11.7 Okta Adaptive MFA
11.7.1 Okta Adaptive MFA Company Information
11.7.2 Okta Adaptive MFA Multi-Factor Authentication (MFA) Product Offered
11.7.3 Okta Adaptive MFA Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Okta Adaptive MFA Main Business Overview
11.7.5 Okta Adaptive MFA Latest Developments
11.8 Microsoft Entra MFA
11.8.1 Microsoft Entra MFA Company Information
11.8.2 Microsoft Entra MFA Multi-Factor Authentication (MFA) Product Offered
11.8.3 Microsoft Entra MFA Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Microsoft Entra MFA Main Business Overview
11.8.5 Microsoft Entra MFA Latest Developments
11.9 PingOne
11.9.1 PingOne Company Information
11.9.2 PingOne Multi-Factor Authentication (MFA) Product Offered
11.9.3 PingOne Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 PingOne Main Business Overview
11.9.5 PingOne Latest Developments
11.10 OneLogin
11.10.1 OneLogin Company Information
11.10.2 OneLogin Multi-Factor Authentication (MFA) Product Offered
11.10.3 OneLogin Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 OneLogin Main Business Overview
11.10.5 OneLogin Latest Developments
11.11 JumpCloud Protect
11.11.1 JumpCloud Protect Company Information
11.11.2 JumpCloud Protect Multi-Factor Authentication (MFA) Product Offered
11.11.3 JumpCloud Protect Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 JumpCloud Protect Main Business Overview
11.11.5 JumpCloud Protect Latest Developments
11.12 IBM Security Verify
11.12.1 IBM Security Verify Company Information
11.12.2 IBM Security Verify Multi-Factor Authentication (MFA) Product Offered
11.12.3 IBM Security Verify Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 IBM Security Verify Main Business Overview
11.12.5 IBM Security Verify Latest Developments
11.13 RSA SecurID
11.13.1 RSA SecurID Company Information
11.13.2 RSA SecurID Multi-Factor Authentication (MFA) Product Offered
11.13.3 RSA SecurID Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 RSA SecurID Main Business Overview
11.13.5 RSA SecurID Latest Developments
11.14 Palo Alto Networks
11.14.1 Palo Alto Networks Company Information
11.14.2 Palo Alto Networks Multi-Factor Authentication (MFA) Product Offered
11.14.3 Palo Alto Networks Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Palo Alto Networks Main Business Overview
11.14.5 Palo Alto Networks Latest Developments
11.15 Thales DIS
11.15.1 Thales DIS Company Information
11.15.2 Thales DIS Multi-Factor Authentication (MFA) Product Offered
11.15.3 Thales DIS Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Thales DIS Main Business Overview
11.15.5 Thales DIS Latest Developments
11.16 Entrust
11.16.1 Entrust Company Information
11.16.2 Entrust Multi-Factor Authentication (MFA) Product Offered
11.16.3 Entrust Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Entrust Main Business Overview
11.16.5 Entrust Latest Developments
11.17 HID Global
11.17.1 HID Global Company Information
11.17.2 HID Global Multi-Factor Authentication (MFA) Product Offered
11.17.3 HID Global Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 HID Global Main Business Overview
11.17.5 HID Global Latest Developments
11.18 Symantec VIP
11.18.1 Symantec VIP Company Information
11.18.2 Symantec VIP Multi-Factor Authentication (MFA) Product Offered
11.18.3 Symantec VIP Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Symantec VIP Main Business Overview
11.18.5 Symantec VIP Latest Developments
11.19 Duo Security
11.19.1 Duo Security Company Information
11.19.2 Duo Security Multi-Factor Authentication (MFA) Product Offered
11.19.3 Duo Security Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.19.4 Duo Security Main Business Overview
11.19.5 Duo Security Latest Developments
11.20 SSO360
11.20.1 SSO360 Company Information
11.20.2 SSO360 Multi-Factor Authentication (MFA) Product Offered
11.20.3 SSO360 Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.20.4 SSO360 Main Business Overview
11.20.5 SSO360 Latest Developments
11.21 Beijing Trusfort Technology
11.21.1 Beijing Trusfort Technology Company Information
11.21.2 Beijing Trusfort Technology Multi-Factor Authentication (MFA) Product Offered
11.21.3 Beijing Trusfort Technology Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.21.4 Beijing Trusfort Technology Main Business Overview
11.21.5 Beijing Trusfort Technology Latest Developments
11.22 Chelen
11.22.1 Chelen Company Information
11.22.2 Chelen Multi-Factor Authentication (MFA) Product Offered
11.22.3 Chelen Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.22.4 Chelen Main Business Overview
11.22.5 Chelen Latest Developments
11.23 Authing
11.23.1 Authing Company Information
11.23.2 Authing Multi-Factor Authentication (MFA) Product Offered
11.23.3 Authing Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.23.4 Authing Main Business Overview
11.23.5 Authing Latest Developments
11.24 Nington
11.24.1 Nington Company Information
11.24.2 Nington Multi-Factor Authentication (MFA) Product Offered
11.24.3 Nington Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.24.4 Nington Main Business Overview
11.24.5 Nington Latest Developments
11.25 Keypasco
11.25.1 Keypasco Company Information
11.25.2 Keypasco Multi-Factor Authentication (MFA) Product Offered
11.25.3 Keypasco Multi-Factor Authentication (MFA) Revenue, Gross Margin and Market Share (2020-2025)
11.25.4 Keypasco Main Business Overview
11.25.5 Keypasco Latest Developments
12 Research Findings and Conclusion
List Of Tables
List of Tables Table 1. Multi-Factor Authentication (MFA) Market Size CAGR by Region (2020 VS 2024 VS 2031) & ($ millions) Table 2. Multi-Factor Authentication (MFA) Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions) Table 3. Major Players of Two-Factor Authentication Table 4. Major Players of Three-Factor Authentication Table 5. Major Players of Others Table 6. Multi-Factor Authentication (MFA) Market Size CAGR by Type (2020 VS 2024 VS 2031) & ($ millions) Table 7. Global Multi-Factor Authentication (MFA) Market Size by Type (2020-2025) & ($ millions) Table 8. Global Multi-Factor Authentication (MFA) Market Size Market Share by Type (2020-2025) Table 9. Major Players of On-Premises Deployment Table 10. Major Players of Cloud-based Deployment Table 11. Multi-Factor Authentication (MFA) Market Size CAGR by Deployment Mode (2020 VS 2024 VS 2031) & ($ millions) Table 12. Global Multi-Factor Authentication (MFA) Market Size by Deployment Mode (2020-2025) & ($ millions) Table 13. Global Multi-Factor Authentication (MFA) Market Size Market Share by Deployment Mode (2020-2025) Table 14. Multi-Factor Authentication (MFA) Market Size CAGR by Application (2020 VS 2024 VS 2031) & ($ millions) Table 15. Global Multi-Factor Authentication (MFA) Market Size by Application (2020-2025) & ($ millions) Table 16. Global Multi-Factor Authentication (MFA) Market Size Market Share by Application (2020-2025) Table 17. Global Multi-Factor Authentication (MFA) Revenue by Player (2020-2025) & ($ millions) Table 18. Global Multi-Factor Authentication (MFA) Revenue Market Share by Player (2020-2025) Table 19. Multi-Factor Authentication (MFA) Key Players Head office and Products Offered Table 20. Multi-Factor Authentication (MFA) Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) Table 21. New Products and Potential Entrants Table 22. Mergers & Acquisitions, Expansion Table 23. Global Multi-Factor Authentication (MFA) Market Size by Region (2020-2025) & ($ millions) Table 24. Global Multi-Factor Authentication (MFA) Market Size Market Share by Region (2020-2025) Table 25. Global Multi-Factor Authentication (MFA) Revenue by Country/Region (2020-2025) & ($ millions) Table 26. Global Multi-Factor Authentication (MFA) Revenue Market Share by Country/Region (2020-2025) Table 27. Americas Multi-Factor Authentication (MFA) Market Size by Country (2020-2025) & ($ millions) Table 28. Americas Multi-Factor Authentication (MFA) Market Size Market Share by Country (2020-2025) Table 29. Americas Multi-Factor Authentication (MFA) Market Size by Type (2020-2025) & ($ millions) Table 30. Americas Multi-Factor Authentication (MFA) Market Size Market Share by Type (2020-2025) Table 31. Americas Multi-Factor Authentication (MFA) Market Size by Application (2020-2025) & ($ millions) Table 32. Americas Multi-Factor Authentication (MFA) Market Size Market Share by Application (2020-2025) Table 33. APAC Multi-Factor Authentication (MFA) Market Size by Region (2020-2025) & ($ millions) Table 34. APAC Multi-Factor Authentication (MFA) Market Size Market Share by Region (2020-2025) Table 35. APAC Multi-Factor Authentication (MFA) Market Size by Type (2020-2025) & ($ millions) Table 36. APAC Multi-Factor Authentication (MFA) Market Size by Application (2020-2025) & ($ millions) Table 37. Europe Multi-Factor Authentication (MFA) Market Size by Country (2020-2025) & ($ millions) Table 38. Europe Multi-Factor Authentication (MFA) Market Size Market Share by Country (2020-2025) Table 39. Europe Multi-Factor Authentication (MFA) Market Size by Type (2020-2025) & ($ millions) Table 40. Europe Multi-Factor Authentication (MFA) Market Size by Application (2020-2025) & ($ millions) Table 41. Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Region (2020-2025) & ($ millions) Table 42. Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Type (2020-2025) & ($ millions) Table 43. Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Application (2020-2025) & ($ millions) Table 44. Key Market Drivers & Growth Opportunities of Multi-Factor Authentication (MFA) Table 45. Key Market Challenges & Risks of Multi-Factor Authentication (MFA) Table 46. Key Industry Trends of Multi-Factor Authentication (MFA) Table 47. Global Multi-Factor Authentication (MFA) Market Size Forecast by Region (2026-2031) & ($ millions) Table 48. Global Multi-Factor Authentication (MFA) Market Size Market Share Forecast by Region (2026-2031) Table 49. Global Multi-Factor Authentication (MFA) Market Size Forecast by Type (2026-2031) & ($ millions) Table 50. Global Multi-Factor Authentication (MFA) Market Size Forecast by Application (2026-2031) & ($ millions) Table 51. Fortinet, Inc. Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 52. Fortinet, Inc. Multi-Factor Authentication (MFA) Product Offered Table 53. Fortinet, Inc. Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 54. Fortinet, Inc. Main Business Table 55. Fortinet, Inc. Latest Developments Table 56. CyberArk Software Ltd. Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 57. CyberArk Software Ltd. Multi-Factor Authentication (MFA) Product Offered Table 58. CyberArk Software Ltd. Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 59. CyberArk Software Ltd. Main Business Table 60. CyberArk Software Ltd. Latest Developments Table 61. Morpho Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 62. Morpho Multi-Factor Authentication (MFA) Product Offered Table 63. Morpho Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 64. Morpho Main Business Table 65. Morpho Latest Developments Table 66. Shufti Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 67. Shufti Multi-Factor Authentication (MFA) Product Offered Table 68. Shufti Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 69. Shufti Main Business Table 70. Shufti Latest Developments Table 71. AuthX Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 72. AuthX Multi-Factor Authentication (MFA) Product Offered Table 73. AuthX Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 74. AuthX Main Business Table 75. AuthX Latest Developments Table 76. Frontegg Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 77. Frontegg Multi-Factor Authentication (MFA) Product Offered Table 78. Frontegg Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 79. Frontegg Main Business Table 80. Frontegg Latest Developments Table 81. Okta Adaptive MFA Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 82. Okta Adaptive MFA Multi-Factor Authentication (MFA) Product Offered Table 83. Okta Adaptive MFA Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 84. Okta Adaptive MFA Main Business Table 85. Okta Adaptive MFA Latest Developments Table 86. Microsoft Entra MFA Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 87. Microsoft Entra MFA Multi-Factor Authentication (MFA) Product Offered Table 88. Microsoft Entra MFA Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 89. Microsoft Entra MFA Main Business Table 90. Microsoft Entra MFA Latest Developments Table 91. PingOne Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 92. PingOne Multi-Factor Authentication (MFA) Product Offered Table 93. PingOne Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 94. PingOne Main Business Table 95. PingOne Latest Developments Table 96. OneLogin Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 97. OneLogin Multi-Factor Authentication (MFA) Product Offered Table 98. OneLogin Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 99. OneLogin Main Business Table 100. OneLogin Latest Developments Table 101. JumpCloud Protect Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 102. JumpCloud Protect Multi-Factor Authentication (MFA) Product Offered Table 103. JumpCloud Protect Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 104. JumpCloud Protect Main Business Table 105. JumpCloud Protect Latest Developments Table 106. IBM Security Verify Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 107. IBM Security Verify Multi-Factor Authentication (MFA) Product Offered Table 108. IBM Security Verify Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 109. IBM Security Verify Main Business Table 110. IBM Security Verify Latest Developments Table 111. RSA SecurID Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 112. RSA SecurID Multi-Factor Authentication (MFA) Product Offered Table 113. RSA SecurID Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 114. RSA SecurID Main Business Table 115. RSA SecurID Latest Developments Table 116. Palo Alto Networks Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 117. Palo Alto Networks Multi-Factor Authentication (MFA) Product Offered Table 118. Palo Alto Networks Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 119. Palo Alto Networks Main Business Table 120. Palo Alto Networks Latest Developments Table 121. Thales DIS Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 122. Thales DIS Multi-Factor Authentication (MFA) Product Offered Table 123. Thales DIS Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 124. Thales DIS Main Business Table 125. Thales DIS Latest Developments Table 126. Entrust Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 127. Entrust Multi-Factor Authentication (MFA) Product Offered Table 128. Entrust Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 129. Entrust Main Business Table 130. Entrust Latest Developments Table 131. HID Global Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 132. HID Global Multi-Factor Authentication (MFA) Product Offered Table 133. HID Global Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 134. HID Global Main Business Table 135. HID Global Latest Developments Table 136. Symantec VIP Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 137. Symantec VIP Multi-Factor Authentication (MFA) Product Offered Table 138. Symantec VIP Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 139. Symantec VIP Main Business Table 140. Symantec VIP Latest Developments Table 141. Duo Security Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 142. Duo Security Multi-Factor Authentication (MFA) Product Offered Table 143. Duo Security Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 144. Duo Security Main Business Table 145. Duo Security Latest Developments Table 146. SSO360 Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 147. SSO360 Multi-Factor Authentication (MFA) Product Offered Table 148. SSO360 Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 149. SSO360 Main Business Table 150. SSO360 Latest Developments Table 151. Beijing Trusfort Technology Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 152. Beijing Trusfort Technology Multi-Factor Authentication (MFA) Product Offered Table 153. Beijing Trusfort Technology Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 154. Beijing Trusfort Technology Main Business Table 155. Beijing Trusfort Technology Latest Developments Table 156. Chelen Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 157. Chelen Multi-Factor Authentication (MFA) Product Offered Table 158. Chelen Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 159. Chelen Main Business Table 160. Chelen Latest Developments Table 161. Authing Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 162. Authing Multi-Factor Authentication (MFA) Product Offered Table 163. Authing Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 164. Authing Main Business Table 165. Authing Latest Developments Table 166. Nington Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 167. Nington Multi-Factor Authentication (MFA) Product Offered Table 168. Nington Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 169. Nington Main Business Table 170. Nington Latest Developments Table 171. Keypasco Details, Company Type, Multi-Factor Authentication (MFA) Area Served and Its Competitors Table 172. Keypasco Multi-Factor Authentication (MFA) Product Offered Table 173. Keypasco Multi-Factor Authentication (MFA) Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 174. Keypasco Main Business Table 175. Keypasco Latest Developments List of Figures Figure 1. Multi-Factor Authentication (MFA) Report Years Considered Figure 2. Research Objectives Figure 3. Research Methodology Figure 4. Research Process and Data Source Figure 5. Global Multi-Factor Authentication (MFA) Market Size Growth Rate (2020-2031) ($ millions) Figure 6. Multi-Factor Authentication (MFA) Sales by Geographic Region (2020, 2024 & 2031) & ($ millions) Figure 7. Multi-Factor Authentication (MFA) Sales Market Share by Country/Region (2024) Figure 8. Multi-Factor Authentication (MFA) Sales Market Share by Country/Region (2020, 2024 & 2031) Figure 9. Global Multi-Factor Authentication (MFA) Market Size Market Share by Type in 2024 Figure 10. Global Multi-Factor Authentication (MFA) Market Size Market Share by Deployment Mode in 2024 Figure 11. Multi-Factor Authentication (MFA) in Financial Sector Figure 12. Global Multi-Factor Authentication (MFA) Market: Financial Sector (2020-2025) & ($ millions) Figure 13. Multi-Factor Authentication (MFA) in Healthcare Figure 14. Global Multi-Factor Authentication (MFA) Market: Healthcare (2020-2025) & ($ millions) Figure 15. Multi-Factor Authentication (MFA) in Government & Public Figure 16. Global Multi-Factor Authentication (MFA) Market: Government & Public (2020-2025) & ($ millions) Figure 17. Multi-Factor Authentication (MFA) in Enterprises & E-Commerce Figure 18. Global Multi-Factor Authentication (MFA) Market: Enterprises & E-Commerce (2020-2025) & ($ millions) Figure 19. Multi-Factor Authentication (MFA) in Education & Research Institutions Figure 20. Global Multi-Factor Authentication (MFA) Market: Education & Research Institutions (2020-2025) & ($ millions) Figure 21. Multi-Factor Authentication (MFA) in Others Figure 22. Global Multi-Factor Authentication (MFA) Market: Others (2020-2025) & ($ millions) Figure 23. Global Multi-Factor Authentication (MFA) Market Size Market Share by Application in 2024 Figure 24. Global Multi-Factor Authentication (MFA) Revenue Market Share by Player in 2024 Figure 25. Global Multi-Factor Authentication (MFA) Market Size Market Share by Region (2020-2025) Figure 26. Americas Multi-Factor Authentication (MFA) Market Size 2020-2025 ($ millions) Figure 27. APAC Multi-Factor Authentication (MFA) Market Size 2020-2025 ($ millions) Figure 28. Europe Multi-Factor Authentication (MFA) Market Size 2020-2025 ($ millions) Figure 29. Middle East & Africa Multi-Factor Authentication (MFA) Market Size 2020-2025 ($ millions) Figure 30. Americas Multi-Factor Authentication (MFA) Value Market Share by Country in 2024 Figure 31. United States Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 32. Canada Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 33. Mexico Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 34. Brazil Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 35. APAC Multi-Factor Authentication (MFA) Market Size Market Share by Region in 2024 Figure 36. APAC Multi-Factor Authentication (MFA) Market Size Market Share by Type (2020-2025) Figure 37. APAC Multi-Factor Authentication (MFA) Market Size Market Share by Application (2020-2025) Figure 38. China Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 39. Japan Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 40. South Korea Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 41. Southeast Asia Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 42. India Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 43. Australia Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 44. Europe Multi-Factor Authentication (MFA) Market Size Market Share by Country in 2024 Figure 45. Europe Multi-Factor Authentication (MFA) Market Size Market Share by Type (2020-2025) Figure 46. Europe Multi-Factor Authentication (MFA) Market Size Market Share by Application (2020-2025) Figure 47. Germany Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 48. France Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 49. UK Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 50. Italy Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 51. Russia Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 52. Middle East & Africa Multi-Factor Authentication (MFA) Market Size Market Share by Region (2020-2025) Figure 53. Middle East & Africa Multi-Factor Authentication (MFA) Market Size Market Share by Type (2020-2025) Figure 54. Middle East & Africa Multi-Factor Authentication (MFA) Market Size Market Share by Application (2020-2025) Figure 55. Egypt Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 56. South Africa Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 57. Israel Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 58. Turkey Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 59. GCC Countries Multi-Factor Authentication (MFA) Market Size Growth 2020-2025 ($ millions) Figure 60. Americas Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 61. APAC Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 62. Europe Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 63. Middle East & Africa Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 64. United States Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 65. Canada Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 66. Mexico Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 67. Brazil Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 68. China Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 69. Japan Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 70. Korea Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 71. Southeast Asia Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 72. India Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 73. Australia Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 74. Germany Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 75. France Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 76. UK Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 77. Italy Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 78. Russia Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 79. Egypt Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 80. South Africa Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 81. Israel Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 82. Turkey Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions) Figure 83. Global Multi-Factor Authentication (MFA) Market Size Market Share Forecast by Type (2026-2031) Figure 84. Global Multi-Factor Authentication (MFA) Market Size Market Share Forecast by Application (2026-2031) Figure 85. GCC Countries Multi-Factor Authentication (MFA) Market Size 2026-2031 ($ millions)
Companies Mentioned
Fortinet, Inc.
CyberArk Software Ltd.
Morpho
Shufti
AuthX
Frontegg
Okta Adaptive MFA
Microsoft Entra MFA
PingOne
OneLogin
JumpCloud Protect
IBM Security Verify
RSA SecurID
Palo Alto Networks
Thales DIS
Entrust
HID Global
Symantec VIP
Duo Security
SSO360
Beijing Trusfort Technology
Chelen
Authing
Nington
Keypasco
Methodology
LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
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Methodology
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