Product Code: ETC5606193 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The multifactor authentication (MFA) market in Angola is witnessing growth with increasing cybersecurity threats and regulatory requirements for data protection. MFA solutions enhance security by requiring multiple forms of authentication, such as passwords, biometrics, and OTPs (one-time passwords), to verify user identities and access privileges. In Angola, enterprises across industries are deploying MFA to strengthen access controls, prevent unauthorized access, and mitigate the risks of credential theft and cyberattacks. The market expansion is driven by cybersecurity awareness, regulatory compliance mandates, and the adoption of zero-trust security frameworks in digital workplaces and cloud environments.
The multifactor authentication market in Angola is expanding due to increasing cybersecurity concerns and regulatory requirements. Organizations are implementing advanced authentication solutions that verify identities using multiple factors such as passwords, biometrics, and tokens. This strengthens security measures and mitigates risks associated with unauthorized access.
The Multifactor Authentication market in Angola faces challenges such as high implementation costs, limited access to advanced authentication technologies, and a shortage of skilled IT professionals. The market is also affected by economic volatility impacting investment in cybersecurity solutions
Recognizing the importance of cybersecurity, the Angolan government promotes the adoption of multifactor authentication systems through policies that require secure access to digital services. This includes regulations for authentication standards and subsidies for technology implementation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Angola Multifactor Authentication Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola Multifactor Authentication Market Revenues & Volume, 2021 & 2031F |
3.3 Angola Multifactor Authentication Market - Industry Life Cycle |
3.4 Angola Multifactor Authentication Market - Porter's Five Forces |
3.5 Angola Multifactor Authentication Market Revenues & Volume Share, By Model Type, 2021 & 2031F |
3.6 Angola Multifactor Authentication Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Angola Multifactor Authentication Market Revenues & Volume Share, By Authentication Type, 2021 & 2031F |
3.8 Angola Multifactor Authentication Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Angola Multifactor Authentication Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Angola Multifactor Authentication Market Trends |
6 Angola Multifactor Authentication Market Segmentations |
6.1 Angola Multifactor Authentication Market, By Model Type |
6.1.1 Overview and Analysis |
6.1.2 Angola Multifactor Authentication Market Revenues & Volume, By Two Factor Authentication, 2021-2031F |
6.1.3 Angola Multifactor Authentication Market Revenues & Volume, By Three Factor Authentication, 2021-2031F |
6.1.4 Angola Multifactor Authentication Market Revenues & Volume, By Four Factor Authentication, 2021-2031F |
6.1.5 Angola Multifactor Authentication Market Revenues & Volume, By Five Factor Authentication, 2021-2031F |
6.2 Angola Multifactor Authentication Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Angola Multifactor Authentication Market Revenues & Volume, By IT & Telecommunication, 2021-2031F |
6.2.3 Angola Multifactor Authentication Market Revenues & Volume, By BFSI, 2021-2031F |
6.2.4 Angola Multifactor Authentication Market Revenues & Volume, By Retail, 2021-2031F |
6.2.5 Angola Multifactor Authentication Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.6 Angola Multifactor Authentication Market Revenues & Volume, By Others, 2021-2031F |
6.3 Angola Multifactor Authentication Market, By Authentication Type |
6.3.1 Overview and Analysis |
6.3.2 Angola Multifactor Authentication Market Revenues & Volume, By Password Authentication, 2021-2031F |
6.3.3 Angola Multifactor Authentication Market Revenues & Volume, By Passwordless Authentication, 2021-2031F |
6.4 Angola Multifactor Authentication Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 Angola Multifactor Authentication Market Revenues & Volume, By Solutions, 2021-2031F |
6.4.3 Angola Multifactor Authentication Market Revenues & Volume, By Hardware, 2021-2031F |
6.4.4 Angola Multifactor Authentication Market Revenues & Volume, By Services, 2021-2031F |
7 Angola Multifactor Authentication Market Import-Export Trade Statistics |
7.1 Angola Multifactor Authentication Market Export to Major Countries |
7.2 Angola Multifactor Authentication Market Imports from Major Countries |
8 Angola Multifactor Authentication Market Key Performance Indicators |
9 Angola Multifactor Authentication Market - Opportunity Assessment |
9.1 Angola Multifactor Authentication Market Opportunity Assessment, By Model Type, 2021 & 2031F |
9.2 Angola Multifactor Authentication Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Angola Multifactor Authentication Market Opportunity Assessment, By Authentication Type, 2021 & 2031F |
9.4 Angola Multifactor Authentication Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Angola Multifactor Authentication Market - Competitive Landscape |
10.1 Angola Multifactor Authentication Market Revenue Share, By Companies, 2024 |
10.2 Angola Multifactor Authentication Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |