Dublin, Nov. 6, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/bdph8h/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) 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 (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 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 market,
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 multi-factor
authentication industry. It does analyze the MFA technology
market with the help of Porter's five-force model.
Key Topics Covered:
1 Introduction
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
Companies Mentioned
- 3M
- Activeidentity Inc.
- Confident Technologies
- Cross Match Technologies
- Deepnet Security Ltd.
- Entrust, Inc.
- Ezmcom Inc.
- Fujitsu
- Gemalto
- Identive Group
- Lumidigm
- Nec Corp
- Passfaces
- Rcg Holding
- Rsa Security
- Safetic
- Sagem Morpho
- Secugen
- Securenvoy Ltd.
- Sms Passcode A/S
- Suprema, Inc.
- Technology Nexus Ab
- Watchdata Technologies
- Zk Software
For more information visit http://www.researchandmarkets.com/research/bdph8h/multifactor
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Semiconductor