About the Two-Factor Biometrics Market The rising occurrences of criminal activities in the BFSI, PCI, government, and healthcare, sectors are leading to a higher demand for cyber security solutions. There is a heightened need for highly reliable personal authentication and identification systems to reduce security risks. Two-factor biometric solutions are used to ensure physical and information security. Here, the user needs to provide the second piece of information — a code, a temporary password, or a finger swipe — to access credentials. If the user is unable to provide the correct information, the account remains locked. Technavio’s analysts forecast the global two-factor biometrics market to grow at a CAGR of 22.87% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global two-factor biometrics market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of two-factor biometric products and services. • Two-factor biometric products include hardware products such as one-time password (OTP) tokens, USB tokens,... Research Beam Model: Research Beam Product ID: 663813 2500 USD New
Global Two-factor Biometrics Market 2016-2020
 
 

Global Two-factor Biometrics Market 2016-2020

  • Category : ICT & Media
  • Published On : June   2016
  • Pages : 58
  • Publisher : Technavio
 
 
 
About the Two-Factor Biometrics Market

The rising occurrences of criminal activities in the BFSI, PCI, government, and healthcare, sectors are leading to a higher demand for cyber security solutions. There is a heightened need for highly reliable personal authentication and identification systems to reduce security risks. Two-factor biometric solutions are used to ensure physical and information security. Here, the user needs to provide the second piece of information — a code, a temporary password, or a finger swipe — to access credentials. If the user is unable to provide the correct information, the account remains locked.

Technavio’s analysts forecast the global two-factor biometrics market to grow at a CAGR of 22.87% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global two-factor biometrics market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of two-factor biometric products and services.
• Two-factor biometric products include hardware products such as one-time password (OTP) tokens, USB tokens, mini tokens, and subscriber identity module (SIM) tokens
• Two-factor biometric services include software and services such as OTP software and software-based security tokens. They also include out-of-band authentication (OOB) services and cloud-based two-factor authentication services.

The market is divided into the following segments based on geography:
• APAC
• Europe
• MEA
• North America
• South America

Technavio's report, Global Two-Factor Biometrics 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 operating in this market.

Key vendors
• EMC
• Entrust
• Gemalto
• VASCO

Other prominent vendors
• Authenex
• Authentify
• Authy
• Deepnet Security
• DynaPass
• Fortinet
• HID Global
• Meontrust
• Mi-Token
• PointSharp
• Protectimus Solutions
• SecureAuth
• SecurEnvoy
• SecurStar
• SecuTech Solutions
• Swivel Secure

Market driver
• Growing number of online transactions
• For a full, detailed list, view our report

Market challenge
• Vulnerability of hardware devices to physical damage
• For a full, detailed list, view our report

Market trend
• Increasing adoption of two-factor biometrics by SMBs
• 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 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
• Market overview

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: Authentication architecture
• Two or more factor authentication versus single-factor authentication

PART 06: Types of two-factor authentication
• Passwords
• Hard tokens
• Soft tokens
• OTP
• Biometrics
• Advantages of two-factor biometrics

PART 07: Market landscape
• Market overview

PART 08: Market assumptions

PART 09: Life cycle analysis
• Global multi-factor biometrics market
• Two-factor biometrics in global multi-factor biometrics market
• Global two-factor biometrics market

PART 10: Market segmentation by end-user
• Segmentation of global two-factor biometrics market by end-user

PART 11: Geographical segmentation
• Geographical segmentation of two-factor biometrics market
• Geographical segmentation of two-factor biometrics market by revenue

PART 12: Buying criteria
• Buying criteria for two-factor biometrics

PART 13: Market drivers
• Increasing use of mobile devices
• Growing number of online transactions
• Increasing security threats
• Growing demand in BFSI sector

PART 14: Impact of drivers

PART 15: Market challenges
• Increasing hardware costs of biometric tokens
• Changing customer preferences
• Vulnerability of hardware devices to physical damage
• Rising number of technical defects

PART 16: Impact of drivers and challenges

PART 17: Market trends
• Introduction of OOB authentication
• Emergence of cloud-based two-factor authentication
• Increasing adoption of two-factor biometrics by SMBs
• Launch of unified platforms for authentication purposes

PART 18: Impact of trends

PART 19: Five forces model

PART 20: Key vendor analysis
• Competitive scenario
• Vendor highlights
• Vendor matrix
• Vendor competitive rating
• Description of major vendors

PART 21: Other prominent vendors

PART 22: Appendix
• List of abbreviations

PART 23: Explore Technavio

List of Exhibits
Exhibit 01: Market summary
Exhibit 02: Authentication architecture
Exhibit 03: Two or more factor authentication versus single-factor authentication
Exhibit 04: Overview of two-factor biometrics market
Exhibit 05: Market assumptions
Exhibit 06: Life cycle of two-factor biometrics
Exhibit 07: Global multi-factor biometrics market 2015-2020 ($ billions)
Exhibit 08: Share of two-factor biometrics in global multi-factor biometrics market 2015-2020
Exhibit 09: Global two-factor biometrics market 2015-2020 ($ billions)
Exhibit 10: Global two-factor biometrics market by end-user 2015 (% share)
Exhibit 11: Geographical segmentation of two-factor biometrics market 2015-2020 (% share)
Exhibit 12: Two-factor biometrics market by revenue 2015-2020 ($ billions)
Exhibit 13: Buying criteria for two-factor biometrics
Exhibit 14: Impact of drivers
Exhibit 15: Impact of drivers and challenges
Exhibit 16: Impact of trends
Exhibit 17: Five forces model
Exhibit 18: Key news
Exhibit 19: M&A
Exhibit 20: Product offerings
Exhibit 21: Features of products offered by vendors
Exhibit 22: Vendor competitive rating
Exhibit 23: Other prominent vendors

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