Cloud Authentication Market Analysis – Size, Share, and Forecast 2022 to 2032

By 2032, the cloud authentication market is expected to be worth USD 12,753.4 million, with a CAGR of 14.4%. The market value in 2022 is USD 11,279.2 million. With a lower demand rate of 12.6% from 2018 to 2022, the market had a worth of USD 10,002.0 million in 2021.

Government identity and access management laws being implemented, and the extraordinary increase in cloud use, are the main drivers of the cloud authentication market growth. As cloud authentication is widely adopted in the BFSI, IT & telecom, and retail sectors, the global market is likely to expand at an exponential rate.

Moreover, the popularity of cloud services is probably going to increase as a result of the industrial advances taking place in developing economies.

Growth of Cloud Authentication Services in Different Sectors

BFSI Sector

One of the sectors with the highest information sensitivity is the BFSI. The industry is quickly implementing cloud authentication to protect its customer data and prevent fraud and data breaches.

Additionally, the BFSI sector's stringent laws and regulations are encouraging the use of biometrics in banking, which encourages the demand for cloud authentication services.

By September 14, 2019, all EEA payment service providers must have adopted Strong Customer Authentication (SCA) in compliance with the European Union's Payment Services Directive 2 (PSD2). Thus, cloud authentication in the BFSI industry is expected to grow during the forecast period.

Retail Sector

E-commerce platforms are replacing physical businesses in the retail sector. Due to this high level of vulnerability to cyber-attacks, client data, and information is a top target for fraudsters. During the projected period, the retail sector is anticipated to witness considerable growth in the cloud authentication market.

IT and Telecom Sector

The popularity of Bring Your Own Device (BYOD) trend is growing in the landscape of IT and telecom companies, eventually driving the implementation of cloud authentication as a service market.

The IT departments of those companies strive to protect their information assets when outside devices access their networks. In today's organizational ecology, multi-cloud computing systems are also becoming more and more common, particularly in the IT and communications sectors.

As multi-cloud computing systems become more common, they underline the need for identity management services that are noticeably more reliable in order to safeguard their public cloud infrastructures.

Attributes Details
Cloud Authentication Market CAGR (2022 to 2032) 14.4%
Cloud Authentication Market Size (2022) USD 11,279.2 million
Cloud Authentication Market Size (2032) USD 12,753.4 million

2017 to 2021 Global Cloud Authentication Sales Outlook Compared to Forecast for 2022 to 2032

As per FMI, in the span of 2017 and 2021, the market witnessed the growth of 12.6% CAGR while during the forecasted period, the market is posed to grow at 14.4% CAGR. On the basis of short-term growth, by 2026, the market is expected to be worth USD 18,769.41 million.

The cloud authentication market share is showing tremendous growth over the years due to high-security demand.

With rising number of companies shifting their data to the cloud, the cyber-attacks and breaches are only expected to rise. In order to tackle these types of incidents, the intense need of cloud authentication is imminent. As authentication factors enhances the security features, ensuring the access of critical information and systems to only those who have authorization.

Key Success Factors Driving the Cloud Authentication Industry

During the forecast period, the e-commerce sector is anticipated to expand at the fastest rate. The vertical sell consumer goods and services to its customers through a variety of channels.

Moreover, due to the potential for payments and the enormous volume of financial transactions carried out using credit and debit cards, e-commerce is one of the most cost-conscious sectors and one of the businesses that hackers target the most. As a result, the adoption of cloud authentication is considered the safest option for businesses.

Additionally, it is projected that merchants would be more likely to use cloud authentication services as the supply chain, labor, distribution partners, and customers become more complex.

Challenges Impacting the Cloud Authentication Market Expansion

Although MFA solutions help to improve the security of the firm, they also have some drawbacks and some hazards. First of all, a multi-factor authentication setup can be demanding, expensive, and time-consuming.

The time required to accomplish a single activity grows as the number of authentication factors does as well. Additionally, fraudsters may utilize techniques like sim swapping or switching to gain quick access to a user's physical sim card and access IDs. These elements are predicted to impede the cloud authentication market expansion.

Cloud Authentication Industry Analysis by Authentication Type, Deployment Mode, and End Use

Multifactor Authentication- A New Approach to Security in Cloud Authentication Market

Cloud authentication as a service share of 68% was held by multi-factor authentication in 2021, and it is anticipated that this market would expand further during the forecast period.

The multi-factor service enables the replacement of several passwords with stronger ones. Additionally, it can offer the possibility to increase output while lowering operating costs.

Remote fingerprint scanning, facial recognition, and document verification are all made possible by cloud-integrated MFA solutions. The demand for cloud authentication is expected to grow as a result of improvements in biometrics, software, and hardware, as well as positive government initiatives to improve national security.

Which is the Leading Segment in the Cloud Authentication Market, based on Enterprise Size?

With the market share of 26% in the year 2021, the very large enterprise segment lead the market in the enterprise size. Meanwhile, the small offices segment is poised to witness the high CAGR of 22.7% between 2022 and 2032.

Cloud authentication has mostly been employed by both large corporations and SMEs during the past ten years. Large businesses can benefit from features like automatic user account provisioning, workflow and self-service management, Single Sign-On (SSO), password management, and access governance.

Companies can enjoy opportunities in the cloud authentication market due to role-Based Access Control (RBAC), audit, and compliance, among others. So, in 2022, large organizations are likely to have the greatest market share and are anticipated to expand at a respectable CAGR.

Top Regions Driving Adoption of Cloud Authentication Solutions

High Demand for Cloud Authentication from both the Consumer and Business Sector, Creating Advance Developments in North America.

The USA dominated the cloud authentication market with a share of 23.4% in 2021. On the other hand, demand is continuously growing with the CAGR of 13.8%

North America dominated the cloud authentication market with holding the market share of 32.9% in the year 2021. This is owing to the high presence of major players including RSA Security, Symantec Corporation, Gemalto N.V. and Entrust Datacard.

Symantec corporation have the quite diverse and strong portfolio of cloud authentication solutions, which includes features such as anti-malware, anti-spam, anti-hacking as well as anti-ransomware. This makes company the significant player in the market.

Europe Cloud Authentication Market- Rising Cloud-based Applications

Germany shows significant growth in the cloud authentication market, with a share of 12.5% in 2021. Demand is continuously growing, with a CAGR of 17.8%

The market in the European region is expected to witness the growth of a CAGR of 16.4%. The primary factors being the emergence of preventing cyber-attacks, breaches and online frauds. On the other hand, the necessity of regulations compliance is also fueling the market growth.

The rising demand of access management services as well as cloud based identity are primarily the factors behind the market growth while the rising focus on cloud-based applications are also supporting the market growth. Although, the market is still unsure about the concerns regarding data privacy and governance.

How Asia Pacific is Performing in the Cloud Authentication Market?

India is expanding rapidly, at a CAGR of 24.1%. It is anticipated that government programs like Make-in-India and the Digital India Program are likely to open up new business prospects for cloud authentication providers. A major element fueling new opportunities in the cloud authentication market in this region is the enormous population of the region.

Within a few years, Asia Pacific (APAC) nations including China, Japan, and South Korea are predicted to surpass North American nations as the biggest internet retail market.

China and Japan are likely to have a CAGR of 19.2% and 21.9%. As a result, policymakers and other businesses have shown a particular interest in the rise of online payments in APAC nations.

Leading Providers of Cloud Authentication Technologies

To have the best class opportunities, cloud authentication market players need to overcome digital and automation challenges.

Many manufacturers have used sales automation or enablement systems in some capacity. Time-to-market is still slowed down by manual operations, such as monitoring inventories or orders, when the remainder of the value chain is ignored.

Additionally, a lack of communication might prevent manufacturers and their partners from taking advantage of chances for cloud authentication growth.

Therefore, manufacturers must concentrate on developing connected manufacturing methods that can enable them to identify areas for development and generate new sources of income.

Areas of Development Resolution
Lack of transparency about partner channels' effectiveness and quality Companies’ partnerships can be strengthened, and more opportunities become apparent by improving how customers connect with one another. This can be done by:
  • Boost cooperation with partners by increasing engagement while maintaining consistent messaging, and by assisting partners in finding more prospects through pre-built marketing campaigns.
  • Giving partners access to comprehensive consumer data and clever automation technologies, such as proposal or discount generation, to help them work together to close more sales
Inability to adapt quickly to change Manufacturers can integrate many teams on a single platform and make real-time changes and insights available to all by using cloud-based customer relationship management (CRM) software. By doing this, manufacturers may gather more data and give teams the knowledge they need to work more effectively. In accordance, the cloud authentication market share reveals a sizable area of development.

Moreover, strategic alliances and standards are contributing to the high demand for cloud authentication. For instance,

  • An international industry group called the FIDO Alliance was formed with the goal of creating and advancing open standards for secure authentication.
    • With the use of these standards, a safe and reliable ecosystem can be created that makes users' online experiences easier, lessens their dependence on passwords, and increases the security of online services.
    • Leading international organizations active in online security, payment networks, financial services, enterprise, e-government, and service providers are members of the FIDO Alliance, which was founded in 2013.
    • Executives from American Express, Discover, Microsoft, Google, Lenovo, Mastercard, PayPal, Samsung, Synaptics, Visa, and Yubico are members of the FIDO Alliance Board of Directors.
    • The goal of the FIDO Alliance is to decrease the overuse of passwords by creating and implementing standards for robust authentication. The extensible framework defined by FIDO Alliance standards offers a common interface for various strong authentication device implementations.

Businesses are required by the growing trend of digitization to implement effective, secure, and trustworthy preventive solutions. At the same time, digitization is revolutionizing authenticating methods in ways that have never been possible before. During the anticipated time frame, these improvements are anticipated to drive the cloud authentication market forward.

Recent Developments

  • IBM released the security IAM suite V1.0 in August 2020. Access manager, security identity governance and intelligence, security directory suite, and security identity manager are among the security tools included in the latest version.
  • Oracle released an improved version of its IAM solutions in November 2020. (Oracle Identity Cloud Service). It enables typical IDaaS use cases, including social login, password-less login, strong and adaptive authentication, bidirectional synchronization to on-prim, and others.

Top Companies Shaping the Cloud Authentication Industry

  • IBM
  • Microsoft
  • CA. Inc
  • Secureworks Inc.
  • Oracle Corporation
  • Intel Corporation
  • Onelogin Inc.
  • Hewlett Packard Enterprise Development LP
  • Sailpoints Technology Holdings Inc.
  • Ping Identity

Top Investment Segments in the Cloud Authentication Market

By Type:

  • Single
  • Multifactor

By Enterprise Size:

  • Small Offices (1-9 employees)
  • Small Enterprises (10-99 employees)
  • Medium-sized enterprise (100-499 employees)
  • Large Enterprises (500-999 employees)
  • Very Large Enterprises (1000+ employees)

By Industry:

  • Service
  • Distribution Services
  • Public Sector
  • Finance
  • Manufacturing Resources
  • Infrastructure

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and the Pacific
  • Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Methods
    • 5.1. SecurID OTP
    • 5.2. SecurID Authenticate OTP
    • 5.3. Emergency Access Code
    • 5.4. Approve (Push Notifications)
    • 5.5. Device Biometrics
    • 5.6. SMS OTP
    • 5.7. Voice OTP
    • 5.8. FIDO
    • 5.9. LDAP Directory Password
  • 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type
    • 6.1. Single-Sign-On (SSO)
    • 6.2. Multi-Factor Authentication (MFA)
  • 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Europe
    • 7.4. South Asia
    • 7.5. East Asia
    • 7.6. Oceania
    • 7.7. Middle East and Africa (MEA)
  • 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 11. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 13. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 14. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 15. Key Countries Market Analysis
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. CA Technologies Inc
    • 17.2. Computer Sciences Corp
    • 17.3. Gemalto NV
    • 17.4. VASCO Data Security International, Inc.
    • 17.5. SecureAuth
    • 17.6. SecurEnvoy Ltd
    • 17.7. Microsoft
    • 17.8. Broadcom
    • 17.9. Onespan
    • 17.10. Ping Identity
  • 18. Assumptions & Acronyms Used
  • 19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032

Table 2: Global Market Value (US$ Million) Forecast by Methods, 2017 to 2032

Table 3: Global Market Value (US$ Million) Forecast by Type, 2017 to 2032

Table 4: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 5: North America Market Value (US$ Million) Forecast by Methods, 2017 to 2032

Table 6: North America Market Value (US$ Million) Forecast by Type, 2017 to 2032

Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 8: Latin America Market Value (US$ Million) Forecast by Methods, 2017 to 2032

Table 9: Latin America Market Value (US$ Million) Forecast by Type, 2017 to 2032

Table 10: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 11: Europe Market Value (US$ Million) Forecast by Methods, 2017 to 2032

Table 12: Europe Market Value (US$ Million) Forecast by Type, 2017 to 2032

Table 13: South Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 14: South Asia Market Value (US$ Million) Forecast by Methods, 2017 to 2032

Table 15: South Asia Market Value (US$ Million) Forecast by Type, 2017 to 2032

Table 16: East Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 17: East Asia Market Value (US$ Million) Forecast by Methods, 2017 to 2032

Table 18: East Asia Market Value (US$ Million) Forecast by Type, 2017 to 2032

Table 19: Oceania Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 20: Oceania Market Value (US$ Million) Forecast by Methods, 2017 to 2032

Table 21: Oceania Market Value (US$ Million) Forecast by Type, 2017 to 2032

Table 22: MEA Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 23: MEA Market Value (US$ Million) Forecast by Methods, 2017 to 2032

Table 24: MEA Market Value (US$ Million) Forecast by Type, 2017 to 2032

List of Figures

Figure 1: Global Market Value (US$ Million) by Methods, 2022 to 2032

Figure 2: Global Market Value (US$ Million) by Type, 2022 to 2032

Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032

Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032

Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 7: Global Market Value (US$ Million) Analysis by Methods, 2017 to 2032

Figure 8: Global Market Value Share (%) and BPS Analysis by Methods, 2022 to 2032

Figure 9: Global Market Y-o-Y Growth (%) Projections by Methods, 2022 to 2032

Figure 10: Global Market Value (US$ Million) Analysis by Type, 2017 to 2032

Figure 11: Global Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 12: Global Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 13: Global Market Attractiveness by Methods, 2022 to 2032

Figure 14: Global Market Attractiveness by Type, 2022 to 2032

Figure 15: Global Market Attractiveness by Region, 2022 to 2032

Figure 16: North America Market Value (US$ Million) by Methods, 2022 to 2032

Figure 17: North America Market Value (US$ Million) by Type, 2022 to 2032

Figure 18: North America Market Value (US$ Million) by Country, 2022 to 2032

Figure 19: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 22: North America Market Value (US$ Million) Analysis by Methods, 2017 to 2032

Figure 23: North America Market Value Share (%) and BPS Analysis by Methods, 2022 to 2032

Figure 24: North America Market Y-o-Y Growth (%) Projections by Methods, 2022 to 2032

Figure 25: North America Market Value (US$ Million) Analysis by Type, 2017 to 2032

Figure 26: North America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 27: North America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 28: North America Market Attractiveness by Methods, 2022 to 2032

Figure 29: North America Market Attractiveness by Type, 2022 to 2032

Figure 30: North America Market Attractiveness by Country, 2022 to 2032

Figure 31: Latin America Market Value (US$ Million) by Methods, 2022 to 2032

Figure 32: Latin America Market Value (US$ Million) by Type, 2022 to 2032

Figure 33: Latin America Market Value (US$ Million) by Country, 2022 to 2032

Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 37: Latin America Market Value (US$ Million) Analysis by Methods, 2017 to 2032

Figure 38: Latin America Market Value Share (%) and BPS Analysis by Methods, 2022 to 2032

Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Methods, 2022 to 2032

Figure 40: Latin America Market Value (US$ Million) Analysis by Type, 2017 to 2032

Figure 41: Latin America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 43: Latin America Market Attractiveness by Methods, 2022 to 2032

Figure 44: Latin America Market Attractiveness by Type, 2022 to 2032

Figure 45: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 46: Europe Market Value (US$ Million) by Methods, 2022 to 2032

Figure 47: Europe Market Value (US$ Million) by Type, 2022 to 2032

Figure 48: Europe Market Value (US$ Million) by Country, 2022 to 2032

Figure 49: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 52: Europe Market Value (US$ Million) Analysis by Methods, 2017 to 2032

Figure 53: Europe Market Value Share (%) and BPS Analysis by Methods, 2022 to 2032

Figure 54: Europe Market Y-o-Y Growth (%) Projections by Methods, 2022 to 2032

Figure 55: Europe Market Value (US$ Million) Analysis by Type, 2017 to 2032

Figure 56: Europe Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 57: Europe Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 58: Europe Market Attractiveness by Methods, 2022 to 2032

Figure 59: Europe Market Attractiveness by Type, 2022 to 2032

Figure 60: Europe Market Attractiveness by Country, 2022 to 2032

Figure 61: South Asia Market Value (US$ Million) by Methods, 2022 to 2032

Figure 62: South Asia Market Value (US$ Million) by Type, 2022 to 2032

Figure 63: South Asia Market Value (US$ Million) by Country, 2022 to 2032

Figure 64: South Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 65: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 66: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 67: South Asia Market Value (US$ Million) Analysis by Methods, 2017 to 2032

Figure 68: South Asia Market Value Share (%) and BPS Analysis by Methods, 2022 to 2032

Figure 69: South Asia Market Y-o-Y Growth (%) Projections by Methods, 2022 to 2032

Figure 70: South Asia Market Value (US$ Million) Analysis by Type, 2017 to 2032

Figure 71: South Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 72: South Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 73: South Asia Market Attractiveness by Methods, 2022 to 2032

Figure 74: South Asia Market Attractiveness by Type, 2022 to 2032

Figure 75: South Asia Market Attractiveness by Country, 2022 to 2032

Figure 76: East Asia Market Value (US$ Million) by Methods, 2022 to 2032

Figure 77: East Asia Market Value (US$ Million) by Type, 2022 to 2032

Figure 78: East Asia Market Value (US$ Million) by Country, 2022 to 2032

Figure 79: East Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 80: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 81: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 82: East Asia Market Value (US$ Million) Analysis by Methods, 2017 to 2032

Figure 83: East Asia Market Value Share (%) and BPS Analysis by Methods, 2022 to 2032

Figure 84: East Asia Market Y-o-Y Growth (%) Projections by Methods, 2022 to 2032

Figure 85: East Asia Market Value (US$ Million) Analysis by Type, 2017 to 2032

Figure 86: East Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 87: East Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 88: East Asia Market Attractiveness by Methods, 2022 to 2032

Figure 89: East Asia Market Attractiveness by Type, 2022 to 2032

Figure 90: East Asia Market Attractiveness by Country, 2022 to 2032

Figure 91: Oceania Market Value (US$ Million) by Methods, 2022 to 2032

Figure 92: Oceania Market Value (US$ Million) by Type, 2022 to 2032

Figure 93: Oceania Market Value (US$ Million) by Country, 2022 to 2032

Figure 94: Oceania Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 95: Oceania Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 96: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 97: Oceania Market Value (US$ Million) Analysis by Methods, 2017 to 2032

Figure 98: Oceania Market Value Share (%) and BPS Analysis by Methods, 2022 to 2032

Figure 99: Oceania Market Y-o-Y Growth (%) Projections by Methods, 2022 to 2032

Figure 100: Oceania Market Value (US$ Million) Analysis by Type, 2017 to 2032

Figure 101: Oceania Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 102: Oceania Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 103: Oceania Market Attractiveness by Methods, 2022 to 2032

Figure 104: Oceania Market Attractiveness by Type, 2022 to 2032

Figure 105: Oceania Market Attractiveness by Country, 2022 to 2032

Figure 106: MEA Market Value (US$ Million) by Methods, 2022 to 2032

Figure 107: MEA Market Value (US$ Million) by Type, 2022 to 2032

Figure 108: MEA Market Value (US$ Million) by Country, 2022 to 2032

Figure 109: MEA Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 110: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 111: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 112: MEA Market Value (US$ Million) Analysis by Methods, 2017 to 2032

Figure 113: MEA Market Value Share (%) and BPS Analysis by Methods, 2022 to 2032

Figure 114: MEA Market Y-o-Y Growth (%) Projections by Methods, 2022 to 2032

Figure 115: MEA Market Value (US$ Million) Analysis by Type, 2017 to 2032

Figure 116: MEA Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 117: MEA Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 118: MEA Market Attractiveness by Methods, 2022 to 2032

Figure 119: MEA Market Attractiveness by Type, 2022 to 2032

Figure 120: MEA Market Attractiveness by Country, 2022 to 2032

Frequently Asked Questions

What is the Growth Outlook of the Cloud Authentication Market?

The cloud authentication market is estimated to record a CAGR of 14.4% during the forecast period.

What is the Projected Value of the Cloud Authentication Market By 2032?

The cloud authentication market size is predicted to be valued at USD 12,753.4 million by 2032.

What is the Present Size of the Cloud Authentication Market?

The cloud authentication market share is valued at USD 11,279.2 million in 2022.

Which is the Leading Region in the Cloud Authentication Market?

North America is expected to lead the cloud authentication market with a share of 32.9% in 2021.

Which is the Leading Segment in the Cloud Authentication Market, Based on Type?

Multifactor authentication dominated the cloud authentication market, with a share of 68% in 2021.

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