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Global Multi-factor Authentication Market 2016-2020

  • April 2016
  • 60 pages
  • Infiniti Research Limited
Report ID: 3793950

Summary

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About Multi-factor Authentication

Multi-factor authentication is a verification technique that uses two or more different authentication methods. This ensures additional security, making it difficult for an unauthorized person to access a physical location, database, or computing device. Multi-factor authentication solutions incorporate biometrics and phone-based authentication solutions, making them one of the most secure authentication solutions available in the market.
Multi-factor authentication is a security system that requires more than one type of authentication to verify the identity of a user for the purpose of login or transaction:
- Primary layer (something the user knows): personal identification number (PIN), pattern, or password
- Secondary layer (something the user has): smart card, ID card, software token, hardware token, or phone-based token
- Tertiary layer (something the user is): biometric identifiers such as facial recognition, fingerprint identification, or retinal pattern

Technavio’s analysts forecast the global multi-factor authentication market to grow at a CAGR of 22.18% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global multi-factor authentication market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of multi-factor authentication products and services.


The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Multi-factor Authentication 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 vendorsoperating in this market.

Key vendors
- EMC
- Entrust
- Gemalto
- Vasco


Other prominent vendors
- Authenex
- Authentify
- CA Technologies
- Deepnet Security
- HID Global
- Mi-Token
- PointSharp
- Safran
- SecureAuth
- SecurEnvoy
- SecurStar
- SecuTech Solutions
- Swivel Secure

Market driver
- Increased need for network security on mobile devices
- For a full, detailed list, view our report

Market challenge
- Increase in cost of OTP tokens
- 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 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 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?

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

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