Multi-Factor Authentication Market revenue to reach USD

The global multi-factor authentication (MFA) market size is expected to grow at a CAGR of ~18.2% from 2023 to 2035, reaching USD 364.4 billion in revenue by 2035. The increase in cyberattacks and the prevalence of remote work and BYOD trends have necessitated more robust security measures, driving market growth. MFA provides a formidable defense mechanism against unauthorized access, making it vital for protecting sensitive data.