Global Two Factor Authentication Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Segmented by Type;

One Time Password (OTP), and Public Key Infrastructure (PKI).

Segmented by Model;

Smart Card with PIN, One Time Password with PIN, Biometric Technology with PIN, Smart Card with Biometric Technology and Others.

Segmented by Technology;

OTP Authenticators, , PKI Authenticators, Physical and Logical Access Control, , Out-Of-Band Authenticators and Mobile PKI Office Suite.

Segmented by End-User;

Banking and Finance, Government, , Military & Defence, Commercial Security, Travel & Immigration, Healthcare, Consumer Electronics and Aerospace.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn192097902 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Two Factor Authentication Market (USD Million), 2020 - 2030

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2020 - 2030
2020 77.3
2021 84.2
2022 91.2
2023 97.2
2024 113.4
2025 125.4
2026 129.1
2027 137.1
2028 161.3
2029 163.8
2030 185.9

In the year 2023, the Global Two Factor Authentication Market was valued at USD 12,451.70 million. The size of this market is expected to increase to USD 37,887.86 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 17.2%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Model
    3. Market Snapshot, By Technology
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
    6. Market Opportunity Map
  4. Global Two Factor Authentication Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
      2. Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Two Factor Authentication Market, By Type, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. One Time Password (OTP),
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Public Key Infrastructure (PKI)
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    2. Global Two Factor Authentication Market, By Model, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Smart Card with PIN
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. One Time Password with PIN
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Biometric Technology with PIN
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Smart Card with Biometric Technology
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. Others
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    3. Global Two Factor Authentication Market, By Technology, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. OTP Authenticators,
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. PKI Authenticators
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Physical and Logical Access Control,
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Out-Of-Band Authenticators
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. Mobile PKI Office Suite
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    4. Global Two Factor Authentication Market, By End-User, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Banking and Finance
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Government,
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Military & Defence
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Commercial Security
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. Travel & Immigration
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        6. Healthcare
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        7. Consumer Electronics
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        8. Aerospace
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    5. Global Two Factor Authentication Market, By Geography, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Model, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By End-User, 2020 - 2030 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. Gemalto NV
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Fujitsu
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Suprema
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. OneSpan
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. NEC Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      6. Symantec Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      7. RSA Security LLC
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      8. IBM Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      9. HID Global Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      10. Google LLC,
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      11. Dell Inc.,
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      12. Amazon Web Services, Inc.,
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      13. Entrust Datacard Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

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