Global Multi-Factor Authentication Market is expected to reach USD 17.76 billion at a CAGR of 15.07% by 2025
Global Multi-Factor Authentication Market is expected to reach USD 17.76 billion at a CAGR as the scope and its applications are rising enormously across the globe. To confirm the user’s identity for a login or other transaction, Multi-Factor Authentication (MFA) is a security system that needs more than one technique of verification from independent groups of credentials. The aim of MFA is to create a layered defense that helps to protect personal and official data from an unauthorized person. It is built from a grouping of biometric validation techniques, physical techniques, and logical techniques to protect product or service and a facility. The multi-factor authentication market is expected to grow at a CAGR of 15.07% by 2025. It allows administrations to use enhanced safety choices and used in various applications as high security guarantee and welfares provided for data security are documented as major factors of Multi-Factor Authentication Market that are estimated to enha...