"Global Two-factor Biometrics Market 2016-2020" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Jul 06 2016

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.

Technavio's 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.

Full Report Details at
- http://www.fastmr.com/prod/1194251_global_two_factor_biometrics.aspx?afid=301

* 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:

* Europe
* 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 key vendors operating in this market.

Key vendors

* Entrust
* Gemalto

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?

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