市場調查報告書
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1423181
2024-2032 年按模型、部署類型、應用程式、垂直產業和區域分類的多重身分驗證市場報告Multi-Factor Authentication Market Report by Model, Deployment Type, Application, Vertical, and Region 2024-2032 |
2023 年,全球多重身分驗證市場規模達到 181 億美元。展望未來, IMARC Group預計到 2032 年,市場規模將達到 659 億美元,2024-2032 年複合年成長率 (CAGR) 為 15%。對資料隱私和安全法規的日益關注、對先進網路安全以減少詐欺的需求不斷成長以及對保護遠端存取的重要性的認知不斷提高是推動市場的一些主要因素。
多重身份驗證 (MFA) 是一種高級安全協議,旨在增強對數位帳戶和系統的保護。它的工作原理是要求使用者在獲得存取權限之前提供多種形式的身份驗證,例如密碼、指紋或臉部辨識。它使未經授權的個人更難破壞帳戶或系統,從而有助於增強安全性。由於 MFA 有助於減少詐欺和威脅,全球對 MFA 的需求正在增加。
目前,保護敏感資訊和降低未經授權存取風險的需求不斷成長,支撐著市場的成長。除此之外,擴大採用需要增強安全措施的基於雲端的應用程式和服務正在加強市場的成長。此外,透過防止資料外洩來維持客戶信任的 MFA 需求不斷成長,對市場產生了積極影響。除此之外,生物辨識、行動身分驗證和硬體代幣的創新有助於為世界各地的個人提供更用戶友善和有效的解決方案,這為產業投資者提供了利潤豐厚的成長機會。此外,MFA 與身分和存取管理 (IAM) 解決方案的持續整合,以簡化使用者身分和存取權限的管理,正在推動市場的成長。
對先進網路安全的需求不斷成長
對先進網路安全以減少威脅和犯罪數量的需求不斷成長,推動了市場的成長。此外,這些網路威脅的出現給所有部門的組織帶來了重大風險。網路犯罪分子擴大利用技術來竊取個人敏感資訊。除此之外,MFA 是應對這些威脅的關鍵解決方案,因為它提供了未經授權的存取的額外防禦層。各種公司正在快速投資先進的網路安全解決方案,以保護其資料、保護客戶、維護聲譽並防止巨大的財務損失,這有助於市場的成長。
日益關注資料隱私和安全法規
全球各商業組織對資料隱私的日益關注正在推動市場的成長。為此,一些國家的管理機構和各種私人組織正在實施嚴格的措施來保護敏感資訊。此外,遵守這些法規並不是可選的,而是法律要求的。除此之外,MFA 是合規工作的基本組成部分,因為它顯著增強了資料安全性。組織正在實施 MFA 來降低資料外洩風險並確保個人和敏感資料的隱私,因為這可能會導致嚴重的經濟處罰並降低組織的聲譽。
人們越來越認知到保護遠端存取的重要性
人們越來越意識到確保遠端存取安全的重要性,這正在推動市場的成長。此外,遠距工作在全球各個組織中越來越受歡迎。除此之外,MFA 是一個重要的工具,可確保只有經過授權的個人才能存取關鍵系統和資料。此外,隨著員工從不同地點存取公司網路和敏感資料,網路犯罪分子擴大的可能性也會增加。隨著組織適應遠距工作安排,對 MFA 解決方案的需求不斷成長,這推動了市場的成長。雇主認知到確保遠端存取安全對於維持企業營運連續性至關重要。
The global multi-factor authentication market size reached US$ 18.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 65.9 Billion by 2032, exhibiting a growth rate (CAGR) of 15% during 2024-2032. The growing focus on data privacy and security regulations, rising demand for advanced cybersecurity to reduce fraud, and increasing awareness about the importance of securing remote access are some of the major factors propelling the market.
Multi-factor authentication (MFA) is an advanced security protocol that is designed to enhance the protection of digital accounts and systems. It works by requiring users to provide multiple forms of identification, such as a password, fingerprints, or facial recognition, before gaining access. It assists in strengthening security by making it more challenging for unauthorized individuals to breach accounts or systems. As it aids in reducing fraud and threats, the demand for MFA is increasing across the globe.
At present, the rising need to safeguard sensitive information and reduce the risk of unauthorized access is supporting the growth of the market. Besides this, the increasing adoption of cloud-based applications and services that require enhanced security measures is strengthening the growth of the market. Additionally, the growing demand for MFA to maintain customer trust by preventing data leakage is positively influencing the market. Apart from this, innovations in biometrics, mobile authentication, and hardware tokens assist in providing more user-friendly and effective solutions to individuals around the world, which is offering lucrative growth opportunities to industry investors. Furthermore, the rising integration of MFA with identity and access management (IAM) solutions to streamline the management of user identities and access permissions is bolstering the growth of the market.
Rising demand for advanced cybersecurity
The rising demand for advanced cybersecurity to reduce the number of threats and crimes is bolstering the growth of the market. In addition, the emergence of these cyber threats poses a significant risk to organizations across all sectors. Cybercriminals are increasingly utilizing techniques to steal sensitive information from individuals. Besides this, MFA is a critical solution to combat these threats as it offers an additional layer of defense against unauthorized access. Various companies are rapidly investing in advanced cybersecurity solutions to safeguard their data, protect their customers, maintain their reputation, and prevent huge financial losses, which is contributing to the growth of the market.
Increasing focus on data privacy and security regulations
The increasing focus on data privacy among various business organizations across the globe is propelling the growth of the market. In line with this, governing agencies and various private organizations of several countries are implementing stringent measures to protect sensitive information. In addition, compliance with these regulations is not optional but it is legally required. Apart from this, MFA is a fundamental component of compliance efforts, as it significantly enhances data security. Organizations are implementing MFA to mitigate the risk of data breaches and ensure the privacy of personal and sensitive data as it can result in severe financial penalties and lower the reputation of an organization.
Growing awareness about the importance of securing remote access
The rising awareness about the importance of securing remote access is impelling the growth of the market. In addition, there is an increase in the popularity of remote working in various organizations across the globe. Besides this, MFA is an essential tool that ensures only authorized individuals can access critical systems and data. Moreover, there is a rise in chances of expanded cybercriminals as employees access corporate networks and sensitive data from various locations. The increasing demand for MFA solutions as organizations adapt to remote work arrangements is contributing to the growth of the market. Employers recognize that securing remote access is essential in maintaining the operational continuity of a business.
IMARC Group provides an analysis of the key trends in each segment of the global multi-factor authentication market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on model, deployment type, application and vertical.
Two-Factor Authentication
Three-Factor Authentication
Four-Factor Authentication
Five-Factor Authentication
Two-factor authentication represents the largest market segment
The report has provided a detailed breakup and analysis of the market based on the model. This includes two-factor authentication, three-factor authentication, four-factor authentication, and five-factor authentication. According to the report, two-factor authentication represented the largest segment. Two-factor authentication (2FA) is a security process that requires users to provide two separate authentication factors to access a system, account, or application. The two factors typically fall into three categories, such as a password, a smartphone or hardware token, and biometric data like fingerprints. By combining any two of these factors, 2FA significantly enhances security as compared to relying solely on a password. This approach mitigates the vulnerabilities associated with password-based authentication, such as weak passwords or password reuse.
On-Premises
On-Cloud
On-premises accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the deployment type. This includes on-premises and on-cloud. According to the report, on-premises represented the largest segment. On-premises deployment refers to the installation and management of authentication systems within the physical infrastructure of an organization rather than relying on cloud-based or off-site solutions. It provides organizations with complete control over their authentication systems and allows them to tailor security measures to their specific needs and compliance requirements. This level of control is especially crucial for industries with stringent data security regulations, such as finance and healthcare. Furthermore, on-premises deployment often offers enhanced security as sensitive authentication data remains within the own secure network of organization, which reduces exposure to external threats.
Smart Card Authentication
Phone-Based Authentication
Hardware OTP Token Authentication
Phone-based authentication holds the biggest market share
The report has provided a detailed breakup and analysis of the market based on the application. This includes smart card authentication, phone-based authentication, and hardware OTP token authentication. According to the report, phone-based authentication represented the largest segment. Phone-based authentication offers a convenient and secure means of verifying user identities. It leverages mobile devices, such as smartphones, as a key component in the authentication process. It typically involves the generation of one-time passwords (OTP) or the use of mobile apps to validate the identity of users. OTPs are sent via short message service (SMS), voice calls, or generated by mobile apps. This authentication method is highly versatile and widely adopted across industries. It is commonly used to secure online accounts, mobile banking, and two-factor authentication (2FA) for various applications.
Banking & Finance
Government
Travel & Immigration
Military & Defence
IT and Telecom
Healthcare
Retail and Ecommerce
Others
Banking and finance dominate the market segment
The report has provided a detailed breakup and analysis of the market based on the vertical. This includes banking and finance, government, travel and immigration, military and defence, IT and telecom, healthcare, retail and ecommerce, and others. According to the report, banking and finance represented the largest segment. The banking and finance sector is one of the most security-conscious industries due to its responsibility for managing and protecting vast amounts of monetary assets and personal information. Authentication methods like MFA and biometrics are extensively deployed to secure online banking, mobile banking apps, and transactions. MFA adds an extra layer of protection that assists in preventing losses. Moreover, biometric authentication, such as fingerprint recognition and facial recognition, is increasingly used in this sector due to its high level of security and convenience. It ensures that only authorized individuals can access accounts and conduct financial transactions.
Breakup by Region
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others
North America exhibits a clear dominance, accounting for the largest multi-factor authentication market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others); and the Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates, and Others). According to the report, North America accounted for the largest market share.
North America held the biggest market share due to the increasing adoption of advanced authentication methods. In addition, the rising focus on security to protect the vast amounts of financial data is strengthening the growth of the market in the region. Apart from this, the growing demand for MFA due to stringent data protection regulations is positively influencing the market. In line with this, the increasing number of data breaches is supporting the growth of the market in the North America region.
Key players are continuously developing and refining authentication methods, such as mobile-based authentication, behavioral analytics, and biometrics, including facial recognition and fingerprint scanning, to offer more secure and user-friendly options. In addition, they are working on ensuring their MFA solutions seamlessly integrate with a wide range of applications, systems, and devices. This enhances the overall user experience and makes it easier for organizations to implement MFA across their IT environments. Apart from this, many MFA providers are offering cloud-based solutions that provide scalability and flexibility for businesses. Furthermore, companies are investing in enhancing the security features of their MFA solutions to stay ahead of evolving threats. Additionally, they are ensuring compliance with data protection regulations.
CA Technologies
Crossmatch
Deepnet Security Ltd.
Entrust Datacard Corporation
Fujitsu
Gemalto NV
Microsoft Corporation
NEC Corporation of America
Okta
Ping Identity
RSA Security
SecureAuth
SecurEnvoy Limited (Shearwater Group plc Company)
Suprema Inc.
Symantec Corporation
In 2021, Microsoft Corp. announced new products, employee plans, and guidance to tackle the global fight against increasingly large-scale and complex cyberattacks. These include additional support for multifactor authentication (MFA) and security protection for customers.
In 2020, Ping Identity, announced the availability of its PingID multi-factor authentication (MFA) in AWS marketplace. These cloud-ready solutions enable enterprises to secure remote work and boost employee productivity.
In 2021, SecureAuth, a provider of identity and access management solutions acquired Acceptto, an emerging leader in passwordless authentication. The acquisition of Acceptto accelerates SecureAuth's vision of AI-driven continuous authentication and allows SecureAuth to be the preferred choice for user-friendly passwordless login.