Multi-Factor Authentication (MFA) Global Market to Reach $53 Billion by 2030: Insurance Companies Prioritize MFA amid Growing Complexities in Data Management
DUBLIN, March 16, 2023 /PRNewswire/ -- The "Multi-Factor Authentication (MFA): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Multi-Factor Authentication (MFA) estimated at US$17.9 Billion in the year 2022, is projected to reach a revised size of US$53 Billion by 2030, growing at a CAGR of 14.6% over the analysis period 2022-2030.
Two Factor Authentication, one of the segments analyzed in the report, is projected to record 13.3% CAGR and reach US$33.5 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Three Factor Authentication segment is readjusted to a revised 18.8% CAGR for the next 8-year period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.3% and 11.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.9% CAGR.
Key Topics Covered:
2. FOCUS ON SELECT PLAYERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/mkmlwk
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SOURCE Research and Markets