Press release
Two-Factor Authentication Market Research Analysis and 19.6% CAGR during period of 2017-2023
Market Research Future published a research report on “Global Two-Factor Authentication Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Synopsis of Two-Factor Authentication Market
Market Scenario
Two Factor Authentication, also known as 2FA, two step verifications. The emerging trends of market dynamics, industry structure and developments, market share assessments for the regional and country level segments, the Two-Factor Authentication Market is derived by the increase in volume of online transactions, high level of security provided by hardware OTP tokens, adherence to compliance mandates and the Challenges are the inconvenience of carrying hardware tokens and vulnerability to threats, lack of telecom infrastructure in developing countries, rise in number of technical defects and others.
The study indicates that low-cost, safe and secure authentication infrastructure to support a variety of cloud services. It gives the PKI service more flexibility so that users can authenticate to cloud applications on any computer or device, at the office, or at home. Two Factor Authentication process can help to lower the number of cases of identity theft on the Internet, as well as phishing via email.
The global Two-factor authentication market is expected to grow at USD$ ~8.78 Billion by 2023, at ~19.6% of CAGR between 2017 and 2023.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/3772
Key Players:
The prominent players in the Two-factor authentication system Market are –Fujitsu Ltd. (Japan), VASCO Data Security International Inc. (US), HID Global Corporation/ASSA ABLOY AB (Sweden), Safran S.A (France), Gemalto NV (the Netherlands), NEC Corporation (Japan), CA Technologies (US), RSA Security LLC (US), Suprema HQ Inc. (South Korea), Crossmatch Technologies Inc. (US) and 3M Company(US), among others.
Segments:
The global Two-factor authentication system market has been segmented on the basis of types, model, technology, end -users and region.
Two-factor authentication system Market by Types:
• One-time passwords
• Public key infrastructure
• Others
Two-factor authentication system Market by Model:
• Smart Card with Pin
• Smart Card with Biometric Technology
• Biometric Technology with Pin
• Two-Factor Biometric Technology
• One Time Password with Pin
• Others
Two-factor authentication system Market by Technology:
• Physical and Logical Access Control
• SafeNet OTP Authenticators
• Out-of-Band Authenticators
• MobilePKI Office Suite
• PKI Authenticators
• Others
Two-factor authentication system Market by End-User:
• Banking and Finance
• Consumer Electronics
• Healthcare
• Government
• Travel and Immigration
• Military and Defense
• Commercial Security
• Others
Two-factor authentication system Market by Regions:
• North America
• Europe
• APAC
• Rest of the World
Study Objectives of Two-Factor Authentication Market:
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Two-Factor Authentication Market
• To provide insights about factors affecting the market growth
• To analyze the Two-Factor Authentication market based on various factors- supply chain analysis, porter’s five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country level analysis of the Market with respect to the current market size and future prospective
• To provide country level analysis of the Market for segment by Capacity, Battery Type, Power bank Type, No. of USB ports and sub-segments.
• To provide strategic profiling of key players in the Market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To Track and Analyze competitive developments such as Joint Ventures, Strategic Alliances, Mergers and acquisitions, new product developments, and research and developments in the Global Two-Factor Authentication Market.
Get Complete Report @ https://www.marketresearchfuture.com/reports/two-factor-authentication-market-3772
Regional Analysis:
The regional analysis of Two-factor authentication market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The Two-Factor Authentication analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, and consumer buying patterns, demand and present scenarios in Two-Factor Authentication industry. The Key Vendors such as Entrust, Gemalto, RSA Security, SecurEnvoy, VASCO Data Security International, and many more are the major player in this market. The Two-Factor Authentication Market report includes company share analysis for the major companies operating in this market by major regions. Europe market in 2016, owing to major Two-factor authentication manufacturing companies based out here. This region is expected to grow further in the coming years of the Two-factor authentication market
Intended Audience
• Raw material providers
• Companies in the MFA technology market
• Authentication applications and software designing companies
• Electronics and semiconductor companies
• Investment community interested in the MFA technology market
• Research institutes and organizations
• Market research and consulting firms
• Government and financial institutions
• Research institutes and organizations
• Technology standards organizations
• Technology investors
• Research institutes
• System Integrators
• Research/Consultancy firms
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Two-Factor Authentication Market Research Analysis and 19.6% CAGR during period of 2017-2023 here
News-ID: 746983 • Views: …
More Releases from Market Research Future
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by…
More Releases for Authentication
Battery Authentication ICs Market
Battery Authentication ICs Market Analysis:
The global Battery Authentication ICs Market size was estimated at USD 635 million in 2023 and is projected to reach USD 1183.35 million by 2030, exhibiting a CAGR of 9.30% during the forecast period.
North America Battery Authentication ICs market size was USD 165.46 million in 2023, at a CAGR of 7.97% during the forecast period of 2025 through 2030.
To Read Full Market Report -
https://semiconductorinsight.com/report/battery-authentication-ics-market/
Battery Authentication ICs…
Key Trend Reshaping the Fast Identity Online (FIDO) Authentication Market in 202 …
What combination of drivers is leading to accelerated growth in the fast identity online (fido) authentication market?
The upsurge in cyber threats is likely to fuel the expansion of the fast identity online (FIDO) authentication market in the future. These cyber threats encompass the potential dangers or vulnerabilities created by malicious activities that aim to harm data through different activities and strategies aimed at computer systems, networks, and digital information. FIDO…
Key Trend Reshaping the Fast Identity Online (FIDO) Authentication Market in 202 …
What Are the Projections for the Size and Growth Rate of the Fast Identity Online (FIDO) Authentication Market?
The Fast Identity Online (FIDO) authentication market has grown exponentially in recent years. It is projected to increase from $1.93 billion in 2024 to $2.39 billion in 2025, at a compound annual growth rate (CAGR) of 23.8%. The growth can be attributed to password vulnerabilities, increasing cybersecurity threats, consumer demand for user-friendly security,…
Multi-Factor Authentication to Dominate Global Authentication Software Market by …
[San Francisco, USA] - As businesses continue to digitize their operations, the need for reliable authentication software has become paramount. A recent market research report added on Trouve360Reports analyzes the global authentication software market and provides insights into its size, growth, and key players.
Authentication software is a security technology that ensures that users or devices are who they claim to be before granting access to a network or application. The…
Luxury Authentication Service Market Is Booming Worldwide | Komehyo, TheRealReal …
The Latest research study released by HTF MI “Luxury Authentication Service Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research…
Out of band Authentication Market Dynamic Business Environment during 2018 - 202 …
Global Out of Band Authentication Market: Overview
The global out-of-band authentication market is likely to display monumental growth in the near future. Spanning outside the defined band for telecommunications frequency, out-of-band is an activity mainly used for protection from false decode in telecommunication systems.
Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=5040
To define, out of band authentication (OOBA) refers to a process where authentication is carried out using two different signals using…
