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Global Multi-factor Authentication market to grow at a CAGR of 21.1 percent by 2019

Global Multi-factor Authentication Market 2015-2019 is a new market research publication announced by Reportstack. 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 that 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. To calculate the market size, it considers the revenue generated from:

• OTP hardware tokens

• Smart card-based authentication

• Phone-based authentication

In addition, the report provides a detailed analysis on the basis of the following:

• Multi-factor authentication product: It includes hardware products such as OTP tokens and smartcard tokens

• Multi-factor authentication services: It includes software and services used for multi-factor authentication. It also includes revenues generated from out-of-band authentication services.

Key Regions

• Americas

• APAC

• EMEA

Key Vendors

• EMC

• Entrust

• Gemalto

• VASCO Data Security International

Other Prominent Vendors

 • 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

Complete report available @ Global Multi-factor Authentication Market 2015-2019.