The Americas held the largest share of the multifactor authentication market in 2016 owing to the presence of major vendors of multifactor authentication and high regulatory compliance in the region . The market in RoW is expected to grow at the highest CAGR between 2017 and 2022 . The growth of the multifactor authentication market in RoW is driven by the growing adoption of modern technologies such as cloud computing and IoT , as well as government initiatives for protecting sensitive data by formulating data security standards .
Given below is the breakdown of the profile of the primary participants in terms of different parameters considered :
• By Company Type : Tier 1 — 25 %, Tier 2 — 40 %, and Tier 3 — 35 %
• By Designation : C-Level Executives — 50 %, Directors — 32 %, and Others — 18 %
• By Region : The Americas — 32 %, Europe — 30 %, APAC — 24 %, and the Middle East & Africa — 14 %.
The key players operating in this market include Safran ( France ), Gemalto NV ( the Netherlands ), NEC Corporation ( Japan ), 3M ( US ), CA Technologies ( US ), Fujitsu ( Japan ), VASCO Data Security International Inc . ( US ), HID Global Corporation / ASSA ABLOY AB ( Sweden ), RSA Security LLC ( US ), Suprema HQ Inc . ( South Korea ), and Crossmatch ( US ).
Research Coverage In this report , various segments such as type , application , and geography have been covered . It also discusses drivers , restraints , opportunities , and challenges pertaining to the market . The report gives a detailed view of the market across 4 main regions : the Americas , Europe , APAC , and RoW .
Reasons to Buy the Report :
• This report includes the multifactor authentication market sizing in terms of value on the basis of type , application , and geography .
• The value chain analysis and key strategies adopted by the market players have been provided for the multifactor authentication market .
• Major drivers , restraints , opportunities , and challenges for the multifactor authentication market have been provided in detail in this report .
• The report includes illustrative segmentation , analysis , and forecast for the multifactor authentication market based on its segments and subsegments .
TABLE OF CONTENTS
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15