The multifactor authentication market in Japan is forecasted to grow by USD 1088.98 mn during 2023-2028, accelerating at a CAGR of 24.39% during the forecast period. The report on the multifactor authentication market in Japan provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the emergence of cloud-based multifactor authentication solutions and services, stringent government regulations to increase the adoption of multifactor authentication, and an increase in the volume of online transactions.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
23.02%
CAGR
24.39%
Incremental Value
$1088.98mn
Technavio's multifactor authentication market in Japan is segmented as below:
By Component
Service
Product
By Deployment
On premises
Cloud
By Type
Password-based authentication
Password-less authentication
By Geographical Landscape
APAC
This study identifies the growing adoption of BYOD among enterprises as one of the prime reasons driving the multifactor authentication market in Japan growth during the next few years. Also, the increased adoption of unified platforms for authentication purposes and the rising adoption of interconnected devices in the IoT environment will lead to sizable demand in the market.
The report on the multifactor authentication market in Japan covers the following areas:
Multifactor authentication market in Japan sizing
Multifactor authentication market in Japan forecast
Multifactor authentication market in Japan industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading multifactor authentication market in Japan vendors that include Akamai Technologies Inc., Amazon.com Inc., Cisco Systems Inc., Entrust Corp., Fujitsu Ltd., International Business Machines Corp., Kyndryl Inc., Microsoft Corp., NEC Corp., Okta Inc., Ping Identity Corp., Quest Software Inc., Salesforce Inc., and Thales Group. Also, the multifactor authentication market in Japan analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Component
Exhibit 05: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on Japan: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on Japan: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Multifactor authentication market in Japan 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on multifactor authentication market in Japan 2018 - 2022 ($ million)