| Product Code: ETC4385909 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Multi-factor authentication solutions are becoming essential for enhancing the security of digital transactions and access to systems and data. This market is witnessing growth as organizations aim to strengthen authentication mechanisms.
The MFA market in Indonesia is expanding as organizations prioritize stronger authentication methods to protect sensitive data and systems. The rise in remote work and the increasing use of mobile devices for business operations have heightened the need for secure access control. Compliance requirements and the need to protect against identity theft are driving the adoption of MFA solutions.
The multi-factor authentication (MFA) market in Indonesia is striving to balance security and user experience. Ensuring strong authentication while avoiding friction for users is a complex task. The adoption of MFA requires careful planning to prevent usability issues.
The COVID-19 pandemic accelerated the adoption of Multi-Factor Authentication (MFA) in Indonesia as organizations recognized the heightened importance of securing remote access to their systems and data. With remote work becoming the norm, businesses focused on strengthening authentication methods to prevent unauthorized access. MFA solutions, such as biometrics, token-based authentication, and mobile apps, gained popularity as they provided an extra layer of security. The pandemic`s long-term impact on the MFA market in Indonesia will likely involve sustained growth as organizations prioritize cybersecurity and access control in their operations.
Key players in the Indonesia Multi-Factor Authentication market comprise companies like RSA Security LLC (a subsidiary of Dell Technologies), Gemalto (a Thales company), Okta Inc., and HID Global Corporation. These industry leaders provide innovative authentication solutions, enhancing security for digital identities and access.
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 Indonesia Multi-Factor Authentication Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Multi-Factor Authentication Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Multi-Factor Authentication Market - Industry Life Cycle |
3.4 Indonesia Multi-Factor Authentication Market - Porter's Five Forces |
3.5 Indonesia Multi-Factor Authentication Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Indonesia Multi-Factor Authentication Market Revenues & Volume Share, By Model Type, 2021 & 2031F |
3.7 Indonesia Multi-Factor Authentication Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.8 Indonesia Multi-Factor Authentication Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Indonesia Multi-Factor Authentication Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about cybersecurity threats and data breaches |
4.2.2 Rising adoption of online transactions and digital services |
4.2.3 Stringent regulatory requirements for data protection and privacy |
4.3 Market Restraints |
4.3.1 High initial implementation costs for multi-factor authentication solutions |
4.3.2 Lack of skilled professionals for managing and maintaining multi-factor authentication systems |
4.3.3 Resistance to change and user inconvenience in implementing additional security measures |
5 Indonesia Multi-Factor Authentication Market Trends |
6 Indonesia Multi-Factor Authentication Market, By Types |
6.1 Indonesia Multi-Factor Authentication Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.5 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Services, 2021-2031F |
6.2 Indonesia Multi-Factor Authentication Market, By Model Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Two, 2021-2031F |
6.2.3 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Three, 2021-2031F |
6.2.4 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Four, 2021-2031F |
6.2.5 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Five-factor, 2021-2031F |
6.3 Indonesia Multi-Factor Authentication Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Multi-Factor Authentication Market Revenues & Volume, By BFSI, 2021-2031F |
6.3.3 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.5 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Government, 2021-2031F |
6.4 Indonesia Multi-Factor Authentication Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Multi-Factor Authentication Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4.3 Indonesia Multi-Factor Authentication Market Revenues & Volume, By SMEs, 2021-2031F |
7 Indonesia Multi-Factor Authentication Market Import-Export Trade Statistics |
7.1 Indonesia Multi-Factor Authentication Market Export to Major Countries |
7.2 Indonesia Multi-Factor Authentication Market Imports from Major Countries |
8 Indonesia Multi-Factor Authentication Market Key Performance Indicators |
8.1 Average time taken to authenticate users using multi-factor authentication |
8.2 Percentage increase in the number of reported cyber attacks in Indonesia |
8.3 Adoption rate of multi-factor authentication solutions among key industries in Indonesia |
9 Indonesia Multi-Factor Authentication Market - Opportunity Assessment |
9.1 Indonesia Multi-Factor Authentication Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Indonesia Multi-Factor Authentication Market Opportunity Assessment, By Model Type, 2021 & 2031F |
9.3 Indonesia Multi-Factor Authentication Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.4 Indonesia Multi-Factor Authentication Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Indonesia Multi-Factor Authentication Market - Competitive Landscape |
10.1 Indonesia Multi-Factor Authentication Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Multi-Factor Authentication Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |