Global Multi-Factor Authentication (MFA) Competitive Landscape Professional Research Report 2025
Description
Research Summary
Multi-Factor Authentication (MFA) is a security mechanism that requires users to provide multiple forms of identification before being granted access to a system, application, or digital account. It adds an extra layer of protection beyond just a username and password combination. MFA typically combines two or more of the following factors: something the user knows (such as a password or PIN), something the user has (such as a physical token or mobile device), or something the user is (such as biometric data like fingerprints or facial recognition). To authenticate, the user must provide valid information from multiple categories. This multi-factor approach significantly enhances security by reducing the risk of unauthorized access, as an attacker would need to compromise multiple factors to gain entry. MFA is widely used in various industries and applications, including online banking, email services, social media platforms, and corporate networks, to protect sensitive data and ensure the identity and privacy of users.
According to DIResearch's in-depth investigation and research, the global Multi-Factor Authentication (MFA) market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Multi-Factor Authentication (MFA) include Morpho, Gemalto, NEC, Entrust Inc., Broadcom, Fujitsu, VASCO Data Security, HID Global, RSA Security, Symantec Corporation, SecurEnvoy ltd, Crossmatch, Duo Secuirty, Deepnet Security, CensorNet etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Multi-Factor Authentication (MFA). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Multi-Factor Authentication (MFA) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Multi-Factor Authentication (MFA) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Multi-Factor Authentication (MFA) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Multi-Factor Authentication (MFA) Include:
Morpho
Gemalto
NEC
Entrust Inc.
Broadcom
Fujitsu
VASCO Data Security
HID Global
RSA Security
Symantec Corporation
SecurEnvoy ltd
Crossmatch
Duo Secuirty
Deepnet Security
CensorNet
Multi-Factor Authentication (MFA) Product Segment Include:
Two-Factor Authentication
Three-Factor Authentication
Others
Multi-Factor Authentication (MFA) Product Application Include:
Banking and Finance
Government
Travel and Immigration
Military and Defense
Commercial Security
Consumer Electronics
Healthcare
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Multi-Factor Authentication (MFA) Industry PESTEL Analysis
Chapter 3: Global Multi-Factor Authentication (MFA) Industry Porter’s Five Forces Analysis
Chapter 4: Global Multi-Factor Authentication (MFA) Major Regional Market Size and Forecast Analysis
Chapter 5: Global Multi-Factor Authentication (MFA) Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Passenger Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Multi-Factor Authentication (MFA) Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Multi-Factor Authentication (MFA) is a security mechanism that requires users to provide multiple forms of identification before being granted access to a system, application, or digital account. It adds an extra layer of protection beyond just a username and password combination. MFA typically combines two or more of the following factors: something the user knows (such as a password or PIN), something the user has (such as a physical token or mobile device), or something the user is (such as biometric data like fingerprints or facial recognition). To authenticate, the user must provide valid information from multiple categories. This multi-factor approach significantly enhances security by reducing the risk of unauthorized access, as an attacker would need to compromise multiple factors to gain entry. MFA is widely used in various industries and applications, including online banking, email services, social media platforms, and corporate networks, to protect sensitive data and ensure the identity and privacy of users.
According to DIResearch's in-depth investigation and research, the global Multi-Factor Authentication (MFA) market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Multi-Factor Authentication (MFA) include Morpho, Gemalto, NEC, Entrust Inc., Broadcom, Fujitsu, VASCO Data Security, HID Global, RSA Security, Symantec Corporation, SecurEnvoy ltd, Crossmatch, Duo Secuirty, Deepnet Security, CensorNet etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Multi-Factor Authentication (MFA). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Multi-Factor Authentication (MFA) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Multi-Factor Authentication (MFA) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Multi-Factor Authentication (MFA) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Multi-Factor Authentication (MFA) Include:
Morpho
Gemalto
NEC
Entrust Inc.
Broadcom
Fujitsu
VASCO Data Security
HID Global
RSA Security
Symantec Corporation
SecurEnvoy ltd
Crossmatch
Duo Secuirty
Deepnet Security
CensorNet
Multi-Factor Authentication (MFA) Product Segment Include:
Two-Factor Authentication
Three-Factor Authentication
Others
Multi-Factor Authentication (MFA) Product Application Include:
Banking and Finance
Government
Travel and Immigration
Military and Defense
Commercial Security
Consumer Electronics
Healthcare
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Multi-Factor Authentication (MFA) Industry PESTEL Analysis
Chapter 3: Global Multi-Factor Authentication (MFA) Industry Porter’s Five Forces Analysis
Chapter 4: Global Multi-Factor Authentication (MFA) Major Regional Market Size and Forecast Analysis
Chapter 5: Global Multi-Factor Authentication (MFA) Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Passenger Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Multi-Factor Authentication (MFA) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Multi-Factor Authentication (MFA) Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Table of Contents
170 Pages
- 1 Multi-Factor Authentication (MFA) Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Multi-Factor Authentication (MFA) Product by Type
- 1.2.1 Two-Factor Authentication
- 1.2.2 Three-Factor Authentication
- 1.2.3 Others
- 1.3 Multi-Factor Authentication (MFA) Product by Application
- 1.3.1 Banking and Finance
- 1.3.2 Government
- 1.3.3 Travel and Immigration
- 1.3.4 Military and Defense
- 1.3.5 Commercial Security
- 1.3.6 Consumer Electronics
- 1.3.7 Healthcare
- 1.3.8 Others
- 1.4 Global Multi-Factor Authentication (MFA) Market Size Analysis (2020-2032)
- 1.5 Multi-Factor Authentication (MFA) Market Development Status and Trends
- 1.5.1 Multi-Factor Authentication (MFA) Industry Development Status Analysis
- 1.5.2 Multi-Factor Authentication (MFA) Industry Development Trends Analysis
- 2 Multi-Factor Authentication (MFA) Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Multi-Factor Authentication (MFA) Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Multi-Factor Authentication (MFA) Market Analysis by Regions
- 4.1 Global Multi-Factor Authentication (MFA) Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global Multi-Factor Authentication (MFA) Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global Multi-Factor Authentication (MFA) Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global Multi-Factor Authentication (MFA) Revenue Forecast by Region (2026-2032)
- 5 Global Multi-Factor Authentication (MFA) Market Size by Type and Application
- 5.1 Global Multi-Factor Authentication (MFA) Market Size by Type (2020-2032)
- 5.2 Global Multi-Factor Authentication (MFA) Market Size by Application (2020-2032)
- 6 North America
- 6.1 North America Multi-Factor Authentication (MFA) Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America Multi-Factor Authentication (MFA) Market Size by Type
- 6.4 North America Multi-Factor Authentication (MFA) Market Size by Application
- 6.5 North America Multi-Factor Authentication (MFA) Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe Multi-Factor Authentication (MFA) Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe Multi-Factor Authentication (MFA) Market Size by Type
- 7.4 Europe Multi-Factor Authentication (MFA) Market Size by Application
- 7.5 Europe Multi-Factor Authentication (MFA) Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China Multi-Factor Authentication (MFA) Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China Multi-Factor Authentication (MFA) Market Size by Type
- 8.4 China Multi-Factor Authentication (MFA) Market Size by Application
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) Multi-Factor Authentication (MFA) Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) Multi-Factor Authentication (MFA) Market Size by Type
- 9.4 APAC (excl. China) Multi-Factor Authentication (MFA) Market Size by Application
- 9.5 APAC (excl. China) Multi-Factor Authentication (MFA) Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America Multi-Factor Authentication (MFA) Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America Multi-Factor Authentication (MFA) Market Size by Type
- 10.4 Latin America Multi-Factor Authentication (MFA) Market Size by Application
- 10.5 Latin America Multi-Factor Authentication (MFA) Market Size by Country
- 10.5.1 Mexico
- 10.5.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa Multi-Factor Authentication (MFA) Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Type
- 11.4 Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Application
- 11.5 Middle East & Africa Multi-Factor Authentication (MFA) Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global Multi-Factor Authentication (MFA) Market Revenue by Key Manufacturers (2021-2025)
- 12.2 Multi-Factor Authentication (MFA) Competitive Landscape Analysis and Market Dynamic
- 12.2.1 Multi-Factor Authentication (MFA) Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 Morpho
- 13.1.1 Morpho Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 Morpho Multi-Factor Authentication (MFA) Product Portfolio
- 13.1.3 Morpho Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.2 Gemalto
- 13.2.1 Gemalto Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 Gemalto Multi-Factor Authentication (MFA) Product Portfolio
- 13.2.3 Gemalto Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.3 NEC
- 13.3.1 NEC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 NEC Multi-Factor Authentication (MFA) Product Portfolio
- 13.3.3 NEC Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.4 Entrust Inc.
- 13.4.1 Entrust Inc. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 Entrust Inc. Multi-Factor Authentication (MFA) Product Portfolio
- 13.4.3 Entrust Inc. Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.5 Broadcom
- 13.5.1 Broadcom Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 Broadcom Multi-Factor Authentication (MFA) Product Portfolio
- 13.5.3 Broadcom Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.6 Fujitsu
- 13.6.1 Fujitsu Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 Fujitsu Multi-Factor Authentication (MFA) Product Portfolio
- 13.6.3 Fujitsu Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.7 VASCO Data Security
- 13.7.1 VASCO Data Security Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 VASCO Data Security Multi-Factor Authentication (MFA) Product Portfolio
- 13.7.3 VASCO Data Security Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.8 HID Global
- 13.8.1 HID Global Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 HID Global Multi-Factor Authentication (MFA) Product Portfolio
- 13.8.3 HID Global Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.9 RSA Security
- 13.9.1 RSA Security Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 RSA Security Multi-Factor Authentication (MFA) Product Portfolio
- 13.9.3 RSA Security Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.10 Symantec Corporation
- 13.10.1 Symantec Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 Symantec Corporation Multi-Factor Authentication (MFA) Product Portfolio
- 13.10.3 Symantec Corporation Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.11 SecurEnvoy ltd
- 13.11.1 SecurEnvoy ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 SecurEnvoy ltd Multi-Factor Authentication (MFA) Product Portfolio
- 13.11.3 SecurEnvoy ltd Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.12 Crossmatch
- 13.12.1 Crossmatch Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.12.2 Crossmatch Multi-Factor Authentication (MFA) Product Portfolio
- 13.12.3 Crossmatch Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.13 Duo Secuirty
- 13.13.1 Duo Secuirty Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.13.2 Duo Secuirty Multi-Factor Authentication (MFA) Product Portfolio
- 13.13.3 Duo Secuirty Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.14 Deepnet Security
- 13.14.1 Deepnet Security Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.14.2 Deepnet Security Multi-Factor Authentication (MFA) Product Portfolio
- 13.14.3 Deepnet Security Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.15 CensorNet
- 13.15.1 CensorNet Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.15.2 CensorNet Multi-Factor Authentication (MFA) Product Portfolio
- 13.15.3 CensorNet Multi-Factor Authentication (MFA) Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 Multi-Factor Authentication (MFA) Industry Chain Analysis
- 14.2 Multi-Factor Authentication (MFA) Industry Raw Material and Suppliers Analysis
- 14.2.1 Multi-Factor Authentication (MFA) Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 Multi-Factor Authentication (MFA) Typical Downstream Customers
- 14.4 Multi-Factor Authentication (MFA) Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
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