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Identity Verification Market worth $18.6 billion by 2026 - Exclusive Report by MarketsandMarkets™

/PRNewswire/ According to a market research report "Identity Verification Market by Component (Solutions and Services), Type (Non-Biometric and Biometric),. ....

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North America Physical Security Market worth $48.2 billion by 2026 - Exclusive Report by MarketsandMarkets™

/PRNewswire/ According to a research report "North America Physical Security Market by Component (Systems and Services), System (PACS, Perimeter Intrusion. ....

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North America Physical Security Market worth $48.2 billion by 2026 - Exclusive Report by MarketsandMarkets

CHICAGO, June 3, 2021 /PRNewswire/ According to a research report "North America Physical Security Market by Component (Systems and Services), System (PACS, Perimeter Intrusion Detection ....

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Multi-Factor Authentication Market worth $23.5 billion by 2026 - Exclusive Report by MarketsandMarkets

Multi-Factor Authentication Market worth $23.5 billion by 2026 - Exclusive Report by MarketsandMarkets
Multi-Factor Authentication Market
by Component (Hardware, Solutions, and Services), Model Type (Two, Three, Four, and Five-Factor), Organization Size, End User (BFSI, Healthcare, Media and Entertainment, Government), and Region - Global Forecast to 2026
, published by MarketsandMarkets, the market size is projected to grow from USD 11.1 billion in 2021 to USD 23.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period. Major driving factors for the MFA market include rise in security breaches, fraud, and data identity thefts, surge in use of BYOD/ IoT devices, high demand for cloud-based MFA solutions and services, high volume of online transactions, and stringent government regulations. ....

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Multi-Factor Authentication Market worth $23.5 billion by 2026 - Exclusive Report by MarketsandMarkets™

By component, the services segment to register the highest growth rate during the forecast period
The services segment includes various services that are required to deploy, execute, and maintain the MFA solutions and services in an organization. As the adoption of the MFA solution increases, the demand for these services is also expected to increase. During COVID-19, the growing concern of data breaches and privacy compliance regulations is making companies focus on adopting MFA solutions to achieve compliance, improved data security, and better flexibility in operations. Major MFA vendors are widely supporting organizations with quick support services in such unprecedented times. Financial services, healthcare, and the e-commerce industry verticals have witnessed huge data losses due to security breaches. As a result, they are highly dependent on MFA solutions for strengthening their cybersecurity capabilities. ....

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