Multi-Factor Authentication Market 2017 Global Market Expected to Grow at CAGR 22.65% and Forecast to 2021

New York, NY -- (SBWire) -- 12/20/2017 --About Multi-factor Authentication

The use of two or more authentication method is known as multi-factor authentication. The implementation of multi-factor authentication has been growing among several industry sectors because organizations are finding ways of increasing security and meeting the demands of industry and government regulations that require protection of sensitive consumer and employee information. Two-factor authentication is the most commonly used type of multi-factor authentication.

Technavio's analysts forecast the global multi-factor authentication market to grow at a CAGR of 22.65% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global multi-factor authentication market for 2017-2021. To calculate the market size, the report considers multi-factor authentication products that include hardware products such as one-time password (OTP) tokens, USB tokens, mini tokens, subscriber identification module (SIM) tokens, and smart card tokens.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Multi-factor Authentication Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Entrust
- Gemalto
- RSA Security
- SecureAuth
- VASCO Data Security International

Other prominent vendors
- CA Technologies
- Deepnet Security
- Early Warning Services
- Fujitsu
- HID Global
- IBM
- Safran
- SecurEnvoy
- SecuTech Solutions
- Swivel Secure
- Symantec

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Market driver
- High-level security provided by hardware OTP tokens
- For a full, detailed list, view our report

Market challenge
- Increase in cost of OTP tokens
- For a full, detailed list, view our report

Market trend
- Emergence of cloud-based multi-factor authentication
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Table of Contents:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
- Multi-factor authentication architecture
- Comparison between single-factor, two-factor, and multi-factor authentication
- Advantages of multi-factor authentication
- Regulations related to multi-factor authentication
- Types of authentication keys
PART 05: Economic overview
- Global economic overview and its impact on the market and vendors
PART 06: Market landscape
- Market overview
- Market assumptions
- Market size and forecast
PART 07: Market segmentation by component
- Global multi-factor authentication market by component
- Global multi-factor authentication market by services
- Global multi-factor authentication market by products
PART 08: Market segmentation by application
- Global multi-factor authentication market by application
- Global smart card-based multi-factor authentication market
- Global phone-based multi-factor authentication market
- Global hardware OTP token multi-factor authentication market
PART 09: Market segmentation by end-user
- Global multi-factor authentication market by end-user
- Global multi-factor authentication market by BFSI
- Global multi-factor authentication market by PCI
- Global multi-factor authentication market by government
- Global multi-factor authentication market by healthcare
PART 10: Geographical segmentation
- Global multi-factor authentication market by geography
PART 11: Buying criteria
PART 12: Decision framework
PART 13: Drivers and challenges
- Market drivers
- Market challenges
PART 14: Market trends
- Introduction of OOB authentication
- Emergence of cloud-based multi-factor authentication
- Increased adoption of unified platforms for authentication purposes
PART 15: Five forces analysis
PART 16: Vendor landscape
- Competitive scenario
- Vendor matrix
- Comparative chart for vendors
- Key vendor analysis
- Other prominent vendors
PART 17: Mergers and acquisitions
- M&A in the market

Continued…….

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