ICT Media

Global Two-factor Biometrics Market 2016-2020

  • TEC612598
  • 58 Pages
  • June 2016
  • ICT Media
About the Two-Factor Biometrics Market

The rising occurrences of criminal activities in the BFSI, PCI, government, and healthcare, sectors are leading to a higher demand for cyber security solutions. There is a heightened need for highly reliable personal authentication and identification systems to reduce security risks. Two-factor biometric solutions are used to ensure physical and information security. Here, the user needs to provide the second piece of information a code, a temporary password, or a finger swipe to access credentials. If the user is unable to provide the correct information, the account remains locked.

Technavios analysts forecast the global two-factor biometrics market to grow at a CAGR of 22.87% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global two-factor biometrics market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of two-factor biometric products and services.
Two-factor biometric products include hardware products such as one-time password (OTP) tokens, USB tokens, mini tokens, and subscriber identity module (SIM) tokens
Two-factor biometric services include software and services such as OTP software and software-based security tokens. They also include out-of-band authentication (OOB) services and cloud-based two-factor authentication services.

The market is divided into the following segments based on geography:
APAC
Europe
MEA
North America
South America

Technavio's report, Global Two-Factor Biometrics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the operating in this market.

Key vendors
EMC
Entrust
Gemalto
VASCO

Other prominent vendors
Authenex
Authentify
Authy
Deepnet Security
DynaPass
Fortinet
HID Global
Meontrust
Mi-Token
PointSharp
Protectimus Solutions
SecureAuth
SecurEnvoy
SecurStar
SecuTech Solutions
Swivel Secure

Market driver
Growing number of online transactions
For a full, detailed list, view our report

Market challenge
Vulnerability of hardware devices to physical damage
For a full, detailed list, view our report

Market trend
Increasing adoption of two-factor biometrics by SMBs
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 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 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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.



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