Global Multi-Factor Authentication Market Report 2022-2027: Proliferation of Cloud-Based MFA Solutions and Services & Adoption of Interconnected Devices in the IoT Environment Presents Opportunities
There is also a growing demand for AI/ ML-powered MFA solutions to identify any suspicious activity and detect any anomalous user behavior in real-time.
- There is also a growing demand for AI/ ML-powered MFA solutions to identify any suspicious activity and detect any anomalous user behavior in real-time.
- Based on component, the solutions segment to hold the largest market share during the forecast period.
- Based on model type, the global MFA market is segmented into two-factor authentication, three-factor authentication, four-factor authentication, and five-factor authentication.
- Growing Instances of Data Breaches, Rising Adoption of BYOD Trends, and Stringent Regulations to Drive the MFA Market