About Multi-factor Authentication
Multi-factor authentication is a verification technique that uses two or more different authentication methods. This ensures additional security, making it difficult for an unauthorized person to access a physical location, database, or computing device. Multi-factor authentication solutions incorporate biometrics and phone-based authentication solutions, making them one of the most secure authentication solutions available in the market.
Multi-factor authentication is a security system that requires more than one type of authentication to verify the identity of a user for the purpose of login or transaction:
• Primary layer (something the user knows): personal identification number (PIN), pattern, or password
• Secondary layer (something the user has): smart card, ID card, software token, hardware token, or phone-based token
• Tertiary layer (something the user is): biometric identifiers such as facial recognition, fingerprint identification, or retinal pattern
Technavio’s analysts forecast the global multi-factor authentication market to grow at a CAGR of 22.18% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global multi-factor authentication market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of multi-factor authentication products and services.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Multi-factor Authentication Market 2016-2020, 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
• EMC
• Entrust
• Gemalto
• Vasco
Other prominent vendors
• Authenex
• Authentify
• CA Technologies
• Deepnet Security
• HID Global
• Mi-Token
• PointSharp
• Safran
• SecureAuth
• SecurEnvoy
• SecurStar
• SecuTech Solutions
• Swivel Secure
Market driver
• Increased need for network security on mobile devices
• 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
• Introduction of OOB authentication
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• 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.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market description
• Multi-factor authentication architecture
• Multi-factor authentication versus single-factor authentication
• Types of authentication keys
• Advantages of multi-factor authentication
PART 06: Market landscape
• Market overview
PART 07: Life cycle analysis
• Global multi-factor authentication market
PART 08: Market segmentation by offering
• Global multi-factor authentication market segmentation by offering
• Global multi-factor authentication services market
• Global multi-factor authentication products market
PART 09: Market segmentation by technology
• Global multi-factor authentication market segmentation by technology
PART 10: Market segmentation by application
• Global multi-factor authentication market segmentation by application
• Global smart card authentication market
• Global phone-based authentication market
• Global hardware OTP token market
PART 11: Market segmentation by end-user
• Global multi-factor authentication market segmentation by end-user
• Global multi-factor authentication market in BFSI sector
• Global multi-factor authentication market in PCI sector
• Global multi-factor authentication market in government sector
• Global multi-factor authentication market in healthcare sector
PART 12: Geographical segmentation
• Segmentation of global multi-factor authentication market by geography
PART 13: Buying criteria
• Buying criteria for multi-factor authentication
PART 14: Market drivers
PART 15: Impact of drivers
PART 16: Market challenges
PART 17: Impact of drivers and challenges
PART 18: Market trends
• Five forces model
• Competitive scenario
• Vendor matrix
• Description of leading vendors
• Key highlights
• Other prominent vendors
PART 19: Appendix
• List of abbreviations
PART 20: Explore Technavio
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List of Exhibits
Exhibit 01: Multi-factor authentication architecture
Exhibit 02: Multi-factor authentication versus single-factor authentication
Exhibit 03: Overview of global multi-factor authentication market
Exhibit 04: Life cycle of multi-factor authentication
Exhibit 05: Global multi-factor authentication market 2015-2020 ($ billions)
Exhibit 06: Global multi-factor authentication market segmentation by offering 2015-2020 (% share)
Exhibit 07: Global multi-factor authentication services market 2015-2020 ($ billions)
Exhibit 08: Global multi-factor authentication products market 2015-2020 ($ billions)
Exhibit 09: Global multi-factor authentication market segmentation by technology 2015 (% share)
Exhibit 10: Global multi-factor authentication market segmentation by application 2015-2020 (% share)
Exhibit 11: Global smart card authentication market 2015-2020 ($ billions)
Exhibit 12: Global phone-based authentication market 2015-2020 ($ billions)
Exhibit 13: Global hardware OTP token market 2015-2020 ($ millions)
Exhibit 14: Global multi-factor authentication market segmentation by end-user 2015-2020 (% share)
Exhibit 15: Global multi-factor authentication market in BFSI sector 2015-2020 ($ billions)
Exhibit 16: Global multi-factor authentication market in PCI sector 2015-2020 ($ billions)
Exhibit 17: Global multi-factor authentication market in government sector 2015-2020 ($ millions)
Exhibit 18: Global multi-factor authentication market in healthcare sector 2015-2020 ($ millions)
Exhibit 19: Segmentation of global multi-factor authentication market by geography 2015-2020 (% share)
Exhibit 20: Segmentation of global multi-factor authentication market by geography 2015-2020 ($ billions)
Exhibit 21: Buying criteria for multi-factor authentication
Exhibit 22: Impact of drivers
Exhibit 23: Impact of drivers and challenges
Exhibit 24: Five forces model
Exhibit 25: Vendor matrix
Exhibit 26: Features and applications of products
Exhibit 27: Key highlights
Exhibit 28: Major M&As in global multi-factor authentication market
Exhibit 29: Other prominent vendors
