Global Multi-factor Authentication Market 2011-2015
- ID: 2234304
- September 2012
- Region: Global
- 43 pages
TechNavio's analysts forecast the Global Multi-factor Authentication market to grow at a CAGR of 21.3 percent over the period 2011-2015. One of the key factors contributing to this market growth is the rising number of regulatory requirements. The Global Multi-factor Authentication market has also been witnessing the increasing popularity of phone-based authentication solutions. However, the increasing total cost of ownership could pose a challenge to the growth of this market.
TechNavio's report, Global Multi-factor Authentication Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, EMEA and APAC regions; it also covers the Global Multi-factor Authentication market industry landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Entrust, Inc., Gemalto N.V., RSA Security Inc., and VASCO Data Security International, Inc.
Other vendors mentioned in the report: Equifax, SecurEnvoy Ltd, SafeNet, Inc., Deepnet Security, and CryptoCard.
Key questions answered in this report:
What will the market size be in 2015 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?
You can request one free hour of analyst time when you purchase this report. Details provided within the report.
TechNavio Announces the Publication of its Report - Global Multi-factor Authentication Market 2011-2015
TechNavio today launched its report Global Multi-factor Authentication Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio's IT Security team said, ''One of the major trends in the Global Multi-factor Authentication market is the increasing popularity of phone-based authentication solutions. Advantages such as high scalability, no requirement to carry extra hardware and easy implementation have increased the adoption of phone-based authentication solutions in comparison with traditional hardware tokens. Further, phone-based authentication can generate one-time passwords (OTPs) and at the same time can be used for biometric scanning. Thus, the device can be used for three-factor authentication as well. Since virtually everyone carries a mobile phone, there is no need for further investment in hardware tokens.''
According to the report, the growing need to comply with regulations as set by various governments is one of the major drivers for the Global Multi-factor Authentication market. Enterprises are required to comply with these regulations and standards in order to secure their data. In cases of non-compliance, these enterprises may have to pay penalties that could damage their reputation. Thus, stringent regulatory norms are one of the major drivers for this market.
Further, the report also discusses that the total cost of ownership is limiting the use of multi-factor authentication solutions across companies and is affecting the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. SHOW LESS READ MORE >
01. Executive Summary
03. Market Coverage
04. Market Landscape
04.1 Market Overview
04.2 Market Size and Forecast
04.3 End-user Segmentation
04.4 Five Forces Analysis
05. Geographical Segmentation
06. Vendor Landscape
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
Drivers and their impact - End-users
Drivers and their impact - Geography
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
13.1 RSA Security Inc.
13.2 Gemalto N.V.
13.3 VASCO Data Security International Inc.
13.4 Entrust Inc.
14. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Multi-factor Authentication Market Segmentation 2011
Exhibit 2: Share of Phone-based OTP in Total OTP 2011-2015
Exhibit 3: Global Multi-factor Authentication Market 2011-2015 (US$ billion)
Exhibit 4: Global Multi-factor Authentication Market Revenue Segmentation 2011
Exhibit 5: Global Multi-factor Authentication Market by End-user Segmentation 2011
Exhibit 6: Global Multi-factor Authentication Market by Geographical Segmentation 2011
Exhibit 7: Global Multi-factor Authentication Market by Vendor Segmentation 2011
Exhibit 8: Regulatory Requirements