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MFA Market Growth Driven by Security Demand: USD 34.8 Billion Forecasted by 2028 | #multi-Factor Authentication (MFA) Market # Multi-Factor Authentication (MFA) Market Size # Multi-Factor Authentication (MFA) Market Share # Multi-Factor Authentication (MFA) Market Trends

MFA Market Growth Driven by Security Demand: USD 34.8 Billion Forecasted by 2028

MFA Market Growth Driven by Security Demand: USD 34.8 Billion Forecasted by 2028

The global MFA market size is projected to grow from USD 15.2 billion in 2023 to USD 34.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period. Growing adoption of BYOD, CYOD, and WFH trends drives the growth of the MFA market. However, a lack of awar