Market Report, "Global Multi-factor Authentication Market 2015-2019", published

From: Fast Market Research, Inc.
Published: Thu Jan 15 2015

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.

Full Report Details at

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

Key Vendors

* Entrust
* Gemalto
* VASCO Data Security International

Other Prominent Vendors

* ActivIdentity
* Anakam
* Arcot Systems
* Authentify
* Bio-Key International
* CA Technologies
* 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

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You may also be interested in these related reports:

- Fraud Detection and Prevention Market [ by Fraud Analytics (Predictive, Customer, Social Media, Visual), by Authentication (Single-Factor, Multifactor, Strong) ] - Global Advancements, Worldwide Forecasts & Analysis (2013 - 2018)
- Global OOB Authentication Market 2014-2018
- Global Multi-factor Authentication Market 2014-2018
- Multi-Factor Authentication Market - Global Trend & Forecast to 2014 - 2020
- Global Hardware OTP Token Authentication Market 2015-2019
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