Amid the COVID-19 crisis, the global market for multi-factor authentication (MFA) estimated at $8.6 billion in the year 2020, is projected to reach a revised size of $21.3 billion by 2027, growing at a CAGR of 13.9% over the analysis period 2020-2027, according to ResearchAndMarkets. Two factor authentication, one of the segments analyzed in the report, is projected to record a 13.2% CAGR and reach US$14.9 Billion by the end of the analysis period.

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