Research and Markets: Global Multi-Factor Authentication (MFA) Market Expected to Reach USD 9.60 Billion by 2020

DUBLIN–(BUSINESS WIRE)–Research and Markets (
has announced the addition of the “Multi-Factor
Authentication (MFA) Market

Global Forecast to 2020″
report to their offering.

This report on the multi-factor authentication market is aimed towards
analyzing the major application segments such as government, defense,
travel and immigration, banking and finance, consumer electronics,
commercial security and healthcare. The most common application areas in
the field of multi-factor authentication are banking & finance,
government and defense.

Multi-factor authentication can be described as authenticating a person
on the basis of factors provided by that person. The factors can be
classified under three broad categories:

  1. Something you have
  2. Something you know
  3. Something you are.

These three factors can be hardware tokens, PIN, passwords, biological
traits, and so on. Another type of authenticating factor is OTP (One
Time Password), which is gaining popularity in Europe and North America.

This report describes the market trends, drivers, and challenges of
multi-factor authentication market and forecasts the multi-factor
authentication market from 2013 to 2020, based on applications of the
multi-factor authentication and geography. It covers regions such as
North America, Europe, APAC, and the RoW (Rest of the World).

Overall, it estimates that the market will reach $9.60 Billion by 2020,
at an estimated CAGR of 17.7% from 2015 to 2020. It was previously
valued at $3.60 Billion in 2014.

Companies Mentioned in this Report:

  • 3M
  • CA Technologies
  • Cross Match Technologies, Inc
  • Fujitsu Ltd.
  • Gemalto NV
  • Hid Global Corporation
  • NEC Corporation
  • RSA Security Llc.
  • Safran SA
  • Suprema, Inc.
  • Vasco Data Security International, Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Multi-Factor Authentication Market, By Model

8 Multi-Factor Authentication Market, By Application

9 Multi-Factor Authentication Market, By Geography

10 Competitive Landscape

11 Company Profiles

For more information visit


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