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