ICT Media

Global Multi-factor Authentication Market 2015-2019

  • TEC170166
  • 101 Pages
  • December 2014
  • ICT Media
About Multi-factor Authentication
Multi-factor authentication solutions are security systems that require two or more types of authentication to verify a transaction. In addition, it acts as a security layer and makes it difficult for an unauthorized person to access a physical location, database, or computing device. Earlier, the majority of systems relied upon two-factor authentication unlike the present multi-factor authentication systems that have three components: something the user knows, something the user has, and something the user is. Increased usage of cellphones for banking and shopping has increased security concerns as well. This has created a considerable preference for three-factor authentication solutions by vendors.
TechNavio's analysts forecast the Global Multi-factor Authentication market to grow at a CAGR of 21.1 percent over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the Global Multi-factor Authentication market for the period 2015-2019. The report covers different forms of multi-factor authentication solutions such as two-factor authentication and three-factor authentication. To calculate the market size, it considers the revenue generated from:
OTP hardware tokens
Smart card-based authentication
Phone-based authentication
In addition, the report provides a detailed analysis on the basis of the following:
Multi-factor authentication product: It includes hardware products such as OTP tokens and smartcard tokens
Multi-factor authentication services: It includes software and services used for multi-factor authentication. It also includes revenues generated from out-of-band authentication services.

Key Regions
Americas
APAC
EMEA
Key Vendors
EMC
Entrust
Gemalto
VASCO Data Security International

Other Prominent Vendors

ActivIdentity
Anakam
Arcot Systems
Authentify
Bio-Key International
CA Technologies
CRYPTOCard
Deepnet Security
Equifax
HID Global
ID Control
Microsoft
Mi-Token
Phone Factor
PointSharp AB
PortWise
SafeNet
SecureAuth
SecurEnvoy
SecurStar
SMS Passcode
Swivel Secure
Symantec
Technology Nexus
Telesign
Tricerion
TriCipher



Market Driver
Need for Employee Mobility and Remote Access
For a full, detailed list, view our report
Market Challenge
Inconsistent Accuracy
For a full, detailed list, view our report
Market Trend
Introduction of OOB Authentication
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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