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Global Multi-factor Authentication Market 2015-2019 - Product Image

Global Multi-factor Authentication Market 2015-2019

  • ID: 3058588
  • December 2014
  • Region: Global
  • 101 pages
  • TechNavio
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FEATURED COMPANIES

  • ActivIdentity
  • CA Technologies
  • Equifax
  • Mi-Token
  • SecureAuth
  • Symantec
  • MORE

About Multi-factor Authentication

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.

The analysts forecast the Global Multi-factor Authentication market to grow at a CAGR of 21.1 percent over the period 2014-2019.

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. READ MORE >

Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ActivIdentity
  • CA Technologies
  • Equifax
  • Mi-Token
  • SecureAuth
  • Symantec
  • MORE

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Description
06.1 Introduction to Multi-factor Authentication
06.2 Multi-factor Authentication versus Single-factor Authentication
06.3 Multi-factor Authentication Architecture
06.4 Types of Authentication Keys
07. Market Landscape
07.1 Market Overview
07.1.1 Product Lifecycle of Multi-factor Authentication
07.2 Market Size and Forecast
07.3 Five Forces Analysis
08. Market Segmentation by Offering
08.1 Global Multi-factor Authentication Market Segmentation by Offering 2014
08.2 Global Multi-factor Authentication Market Segmentation by Offering 2014-2019
08.4 Global Multi-factor Authentication Services Market
08.4.1 Market Size and Forecast
08.5 Global Multi-factor Authentication Product Market
08.5.1 Market Size and Forecast
09. Market Segmentation by Technology
09.1 Multi-factor Authentication Market Segmentation by Technology 2014
09.1.1 Two-factor Authentication
09.1.2 Three-factor Authentication
10. Market Segmentation by Application
10.1 Global Multi-factor Authentication Market Segmentation by Application 2014
10.1.1 Smart Card Authentication
10.1.2 Phone-based Authentication:
10.1.3 Hardware OTP Token
10.2 Global Multi-factor Authentication Market Segmentation by Application 2014-2019
10.3 Smart Card Authentication Market
10.3.1 Market Size and Forecast
10.4 Hardware OTP Token Authentication Market
10.4.1 Market Size and Forecast
10.5 Phone-based Authentication Market
10.5.1 Market Size and Forecast
11. Market Segmentation by End-user
11.1 Global Multi-factor Authentication Market by End-user Segmentation 2014
11.2 Global Multi-factor Authentication Market by End-users 2014-2019
11.3 Global Multi-factor Authentication Market in BFSI Sector
11.3.1 Market Size and Forecast
11.4 Global Multi-factor Authentication Market in PCI Sector
11.4.1 Market Size and Forecast
11.5 Global Multi-factor Authentication Market in Government Sector
11.6 Global Multi-factor Authentication Market in Healthcare Sector
11.6.1 Market Size and Forecast
12. Geographical Segmentation
12.1 Global Multi-factor Authentication Market by Geographical Segmentation 2014
12.2 Global Multi-factor Authentication Market by Geographical Segmentation 2014-2019
12.2.1 Multi-factor Authentication Market in Americas
12.2.2 Multi-factor Authentication Market in EMEA Region
12.2.3 Multi-factor Authentication Market in APAC Region
13. Market Attractiveness
13.1 Market Attractiveness by Offerings
13.2 Market Attractiveness by Application
13.3 Market Attractiveness by End-user Segmentation
13.4 Market Attractiveness by Geographical Segmentation
14. Buying Criteria
15. Market Growth Drivers
16. Drivers and their Impact
17. Market Challenges
18. Impact of Drivers and Challenges
19. Market Trends
20. Trends and their Impact
21. Vendor Landscape
21.1 Competitive Scenario
21.2 Competitive Analysis 2014
21.3 Other Prominent Vendors
22. Key Vendor Analysis
22.1 EMC
22.1.1 Key Facts
22.1.2 Business Overview
22.1.3 Business Segmentation by Revenue 2013
22.1.4 Business Segmentation by Revenue 2012 and 2013
22.1.5 Geographical Segmentation by Revenue 2013
22.1.6 Business Strategy
22.1.7 Recent Developments
22.1.8 SWOT Analysis
22.2 Entrust
22.2.1 Key Facts
22.2.2 Business Overview
22.2.3 Product Segmentation
22.2.4 Business Strategy
22.2.5 Recent Developments
22.2.6 SWOT Analysis
22.3 Gemalto
22.3.1 Key Facts
22.3.2 Business Overview
22.3.3 Business Segmentation by Revenue 2013
22.3.4 Business Segmentation by Revenue 2012 and 2013
22.3.5 Geographical Segmentation by Revenue 2013
22.3.6 Business Strategy
22.3.7 Recent Developments
22.3.8 SWOT Analysis
22.4 Vasco
22.4.1 Key Facts
22.4.2 Business Overview
22.4.3 Business Segmentation by Revenue 2013
22.4.4 Business Segmentation by Revenue 2012 and 2013
22.4.5 Geographical Segmentation by Revenue 2013
22.4.6 Recent Developments
22.4.7 SWOT Analysis
23. Assumptions
24. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Multi-factor Authentication versus Single-factor Authentication
Exhibit 3: Multi-factor Authentication Architecture
Exhibit 4: Product Lifecycle of Multi-factor Authentication
Exhibit 5: Global Multi-factor Authentication Market 2014-2019 (US$ million)
Exhibit 6: Global Multi-factor Authentication Market Segmentation by Offering 2014
Exhibit 7: Global Multi-factor Authentication Market Segmentation by Offering 2014-2019
Exhibit 8: Global Multi-factor Authentication Services Market 2014-2019 (US$ billion)
Exhibit 9: Global Multi-factor Authentication Product Market 2014-2019 (US$ billion)
Exhibit 10: Multi-factor Authentication Market Segmentation by Technology 2014
Exhibit 11: Global Multi-factor Authentication Market Segmentation by Application 2014
Exhibit 12: Global Multi-factor Authentication Market Segmentation by Application 2014-2019
Exhibit 13: Smart Card Authentication Market 2014-2019 (US$ million)
Exhibit 14: Hardware OTP Token Market 2014-2019 (US$ million)
Exhibit 15: Phone-based Authentication Market 2014-2019 (US$ million)
Exhibit 16: Global Multi-factor Authentication Market by End-user Segmentation 2014
Exhibit 17: Global Multi-factor Authentication Market by End-users 2014-2019
Exhibit 18: Global Multi-factor Authentication Market in BFSI Sector 2014-2019 (US$ million)
Exhibit 19: Global Multi-factor Authentication Market in PCI Sector 2014-2019 (US$ million)
Exhibit 20: Global Multi-factor Authentication Market in the Government Sector 2014-2019 (US$ million)
Exhibit 21: Global Multi-factor Authentication Market in Healthcare Sector 2014-2019 (US$ million)
Exhibit 22: Global Multi-factor Authentication Market by Geographical Segmentation 2014
Exhibit 23: Global Multi-factor Authentication Market by Geographical Segmentation 2014-2019
Exhibit 24: Global Multi-factor Authentication Market by Geographical Segmentation 2014-2019(US$ million)
Exhibit 25: Market Attractiveness by Offerings 2014-2019
Exhibit 26: Market Attractiveness by Application 2014-2019
Exhibit 27: Market Attractiveness by End-user Segmentation 2014-2019
Exhibit 28: Market Attractiveness by Geographical Segmentation 2014-2019
Exhibit 29: Emc²: Business Segmentation by Revenue 2013
Exhibit 30: Emc²: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 31: Emc²: Geographical Segmentation by Revenue 2013
Exhibit 32: Entrust: Product Segmentation 2013
Exhibit 33: Gemalto: Business Segmentation by Revenue 2013
Exhibit 34: Gemalto: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 35: Gemalto: Geographical Segmentation by Revenue 2013
Exhibit 36: Vasco: Business Segmentation by Revenue 2013
Exhibit 37: Vasco: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 38: Vasco: Geographical Segmentation by Revenue 2013

Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • ActivIdentity
  • CA Technologies
  • Equifax
  • Mi-Token
  • SecureAuth
  • Symantec
  • MORE

Commenting on the report, an analyst from the team said: “One of the major trends upcoming in this market is the introduction of out-of-band authentication, which uses two separate networks for its authentication process. Benefits such as easy implementation, and no deployment of different hardware/software for its working, drive the adoption of OOB authentication solutions, accelerating market growth.”

According to the report, increased need for employee mobility and remote access is one of the major drivers of this market. Today, consumers prefer the usage of cellphones for banking and shopping, which requires increased security, driving the market for authentication solutions. Moreover, with an increase in compliances, organizations now use more authentication solutions to secure confidential data from the general public.

Further, the report states that inconsistent accuracy is one of the major challenges of the market. Biometrics technology used in multi-factor authentication is low in terms of accuracy. Also, the effectiveness of voice biometrics is affected by a user's speech pattern or dialect. This could lead to a denial of the service if an end-user tries to get past the authentication process multiple times. The resultant distress caused to genuine users could lead to customer attrition.

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 vendors.

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- EMC
- Entrust
- Gemalto
- VASCO Data Security International
- ActivIdentity
- Anakam
- Arcot Systems
- Authentify
- Bio-Key International
- CA Technologies
- CRYPTOCard
- 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

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