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Global Two-factor Authentication Market 2010-2014
Infiniti Research Limited, Sep 2011, Pages: 31
Technavio’s analysts forecast the Global Two-factor Authentication market to grow at a CAGR of 20.8 percent over the period 2010–2014. One of the key factors contributing to this market growth is the growing complexity of attacks and increasingly strict compliance regulations. The Global Two-factor Authentication market has also been witnessing growing adoption of phone-based authentication solutions and a preference for OTP authentication solutions. However, the high upfront cost of hardware tokens is negatively affecting the adoption of hardware tokens, which could pose a challenge to the growth of this market.
Key vendors dominating this market include RSA, Gemalto N.V., VASCO Data Security International Inc., and Entrust Inc.
Technavio’s Global Two-factor Authentication Market 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Global region and focuses on the Global Two-factor Authentication market landscape and its growth prospects. Further, the report covers different forms of two-factor authentication solutions such as USB Tokens, e-Signature, Subscriber Identity Module (SIM) USB Token, PC Soft Tokens, SMS Text Authentication, Display USB Token, and OTP Token. It also covers the hardware, software, and hybrid solutions or products. The report also covers the vendors that offer two-factor solutions to end-users; in vendor share, the report has included both software/product/license revenue and their services revenue. The companies that offer only single-factor authentication solution and/or biometric authentication solution are not in the scope of this report. Further, the report does not include companies that provide only services and do not have their own product.
Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?
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