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The multifactor authentication market in South Korea is forecasted to grow by USD 5.48 billion during 2024-2029, accelerating at a CAGR of 42.1% during the forecast period. The report on the multifactor authentication market in South Korea provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 introduction of out-of-band (OOB) authentication, high-level security provided by hardware OTP tokens, and growing adoption of BYOD among enterprises.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The multifactor authentication market in South Korea is segmented as below:
By Type
- Password-based authentication
- Password-less authentication
By Component
- Service
- Product
By Deployment
- On premises
- Cloud
By Service Type
- Two-factor authentication systems
- Three-factor authentication systems
- Four-factor authentication systems
- Five-factor authentication systems
- customized multi-factor authentication systems
By Geographical Landscape
- APAC
The report on the multifactor authentication market in South Korea covers the following areas:
- Multifactor Authentication Market in South Korea sizing
- Multifactor Authentication Market in South Korea forecast
- Multifactor Authentication Market in South Korea industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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 primary and secondary research. 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
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Component
10 Market Segmentation by Deployment
11 Market Segmentation by Service Type
12 Customer Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the multifactor authentication market in south korea: Broadcom Inc., Cisco Systems Inc., CyberArk Software Ltd., Dell Technologies Inc., ESET North America, FusionAuth, HID Global Corp., Microsoft Corp., Okta Inc., OneSpan Inc., Open Text Corp., Oracle Corp., Ping Identity Corp., Quest Software Inc., Safran SA, Salesforce Inc., SecureAuth Corp., Silverfort, Thales Group, and Yubico AB.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is proliferation of cloud-based multifactor authentication solutions and services."
According to the report, one of the major drivers for this market is the introduction of out-of-band (OOB) authentication.
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 in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Broadcom Inc.
- Cisco Systems Inc.
- CyberArk Software Ltd.
- Dell Technologies Inc.
- ESET North America
- FusionAuth
- HID Global Corp.
- Microsoft Corp.
- Okta Inc.
- OneSpan Inc.
- Open Text Corp.
- Oracle Corp.
- Ping Identity Corp.
- Quest Software Inc.
- Safran SA
- Salesforce Inc.
- SecureAuth Corp.
- Silverfort
- Thales Group
- Yubico AB
