|[December 11, 2012]
Research and Markets: Multi-Factor Authentication Market - By Model/Type [Two, Three, Four & Five-Factor], Application & Geography - Forecasts (2012 - 2017)
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/tsxpwx/multifactor)
has announced the addition of the "Multi-Factor
Authentication Market - By Model/Type [Two, Three, Four & Five-Factor],
Application & Geography - Forecasts (2012 - 2017)" report
to their offering.
The global multi-factor authentication (MFA (News - Alert)) market which includes
different types of authentication and applications is expected to reach
$5.45 billion by 2017 at an estimated CAGR of 17.3% from 2012 to 2017.
Two-factor authentication is most widely used MFA model in the world
with smartcard with PIN and one time password (OTP) are the most popular
technique. Biometric based MFA models are growing at a fast rate. North
America and Europe covers most of the market, whereas APAC has the
fastest growing region.
Some of the key developments in the authentication industry include
Microsoft (U.S.) buying PhoneFactor (News - Alert) (U.S.) in October 2012. In July
2012, Apple Inc. (U.S.) bought AuthenTec (U.S.). L1 Identity, a
biometric technology company was bought by Sagem (News - Alert) Morpho (France).
Several other acquisitions, mergers, new product launch, agreements etc.
have happened and are discussed in the report.
The report estimates the multi factor authentication maket, forecasts
the size of MFA technologies by models, by applications, and by
geography from 2012 to 2017. It talks about the latest events in the
market under winning imperatives and burning issues. We further segment
the models by two-factor authentication, three-factor authentication,
four-factor authentication, and five-factor authentication. These models
are used in different industries according to the security requirements.
Two-factor and three-factor authentication models are further segmented
into different types of models.
This report segregates the overall multi-factor authentication market
into various application areas such as government, defence, banking and
finance, travel and immigration, healthcare, consumer electronics,
commercial security, and others. Increasing security concerns, use of
MFA in banking & finance, use of MFA via smartphones, increasing
cybercrime, etc. give rise to MFA market.
This report deals with all the driving factors, restraints, and
opportunities with respect to the MFA market, which are helpful in
identifying trends and key success factors for the industry. It also
profiles companies active in the field of MFA technology. The report
provides the competitive landscape of the players, which covers key
growth strategies followed by all the major players. It also highlights
the winning imperatives and burning issues pertaining to the MFA
industry. It does analyze the MFA technology market with the help of
Porter's five-force model.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Multi-Factor Authentication Market, By Model
5 Multi-Factor Authentication Market, By Applications
6 Multi-Factor Authentication Market, By Geography
7 Competitive Landscape
8 Company Profiles
- 3M (News - Alert)
- Activeidentity Inc.
- Confident Technologies
- Cross Match Technologies
- Deepnet Security Ltd.
- Entrust, Inc.
- Ezmcom Inc.
- Gemalto (News - Alert)
- Identive Group
- Nec Corp
- Rcg Holding
- Rsa Security
- Sagem Morpho
- Securenvoy Ltd.
- Sms Passcode A/S
- Suprema, Inc.
- Technology Nexus Ab
- Watchdata Technologies
- Zk Software
For more information visit http://www.researchandmarkets.com/research/tsxpwx/multifactor
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