Multifactor Authentication Market by Model (Two-, Three-, Four-, and Five-Factor), Application (Banking and Finance, Government, Military and Defense, Commercial Security, Consumer Electronics, Healthcare), and Geography - Global Forecast to 2022
Multifactor Authentication Market by Model (Two-, Three-, Four-, and Five-Factor), Application (Banking and Finance, Government, Military and Defense, Commercial Security, Consumer Electronics, Healthcare), and Geography
Multi-factor authentication (MFA) is a method of confirming a user's claimed identity in which a user is granted access only after successfully presenting 2 or more pieces of evidence (or factors) to an authentication mechanism: knowledge, possession and inherence.
Two-Factor Authentication Market (MFA) report segments multi-factor authentication by type such as Smart Card with pin, Smart Card with Biometric Technology, Multifactor Biometric Technology and Smart Card with Pin and Biometric Technology.
[275 Pages Report] Two-Factor Authentication Market report segments Two-Factor Authentication Market by type such as Smart Card with pin, Smart Card with Biometric Technology, Multifactor Biometric Technology and Smart Card with Pin and Biometric Technology.
Multi-factor authentication (MFA) implies user and employee authentication by verifying, two or more authentication techniques provided by them. The use of more than one authentication factor significantly increases the security.
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The global multi-factor authentication (MFA) market was valued at USD 3.60 Billion in 2014 and is expected to reach USD 9.60 Billion by 2020, at an estimated CAGR of 17.7% from 2015 to 2020. The two-factor authentication is most widely used MFA model followed by three-factor authentication model, wherein smartcard with PIN and one time password (OTP) is 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 is the fastest growing region.
The latest report of MarketsandMarkets predicts that Global “Two- Factor Authentication Market” will be reaching $5.45 billion by the end of the year 2017 at CAGR of 17.3%. North America is the biggest Two-Factor authentication market, followed by Europe and Asia Pacific and China.
Two Factor Authentication, also known as 2FA, two step verifications. The emerging trends of market dynamics, industry structure and developments, market share assessments for the regional and country level segments, the Two-Factor Authentication Market is derived by the increase in volume of online transactions, high level of security provided by hardware OTP tokens, adherence to compliance mandates and the Challenges are the inconvenience of carrying hardware tokens and vulnerability to threats, lack of telecom infrastructure in developing countries, rise in number of technical defects and others. Get Complete Report @ https://www.marketresearchfuture.com/reports/two-factor-authentication-market-3772
Fraud detection & prevention is a system used to provide analytical solutions for against fraud incidents and help to identify or prevent future occurrences.
The global multi-factor authentication (MFA) market was valued at USD 3.60 Billion in 2014 and is expected to reach USD 9.60 Billion by 2020, at an estimated CAGR of 17.7% from 2015 to 2020.
Global Multi-Factor Authentication Market: by Model (Two-Factor & Multi-Factor with Three-Factor Authentication, Multifactor with Four-Factor & Multifactor with Five-Factor Authentication), by Deployment Type (on Premise and on Cloud) – Forecast 2023
Biometrics Market By Component (Hardware, Software), By Authentication Type (Single Factor Authentication, Multifactor Authentication), By Function (Non-Contact, Others), By Application (Government, Commercial, Healthcare) - Forecast 2023
Browse 82 market data tables and 16 figures spread through 166 pages and in-depth TOC on “Fraud Detection and Prevention Market [ by Fraud Analytics (Predictive, Customer, Social Media, Visual), by Authentication (Single-Factor, Multifactor, Strong) ] - Global Advancements, Worldwide Forecasts & Analysis 2013 – 2018
[166 Pages Report] Fraud Detection and Prevention (FDP) Market categorizes the Global Market by Fraud Analytics as Predictive, Customer, Social Media, Visual, by Authentication as Single-Factor, Multifactor, Strong & by geography.
Browse 82 market data tables and 16 figures spread through 166 pages and in-depth TOC on “Fraud Detection and Prevention Market [ by Fraud Analytics (Predictive, Customer, Social Media, Visual), by Authentication (Single-Factor, Multifactor, Strong) ] - Global Advancements, Worldwide Forecasts & Analysis 2013 – 2018
The biometric vehicle access system market is estimated to be USD 442.7 Million in 2016, and is projected to grow to USD 854.8 Million by 2021, at a CAGR of 14.06%. The growing demand for multifactor authentication and increasing legislations for biometric applications are some of the key drivers fueling the growth of biometric vehicle access system market.
The latest report by Precision Business Insights, titled “Biometric System Market” covers complete information on market size, share, growth, trends, segment analysis, key players, drivers, and restraints.
The global identity and access management market was valued at USD 12.85 billion in 2022 and is projected to reach USD 36.96 billion by 2030 at a CAGR of 14.12% from 2022 to 2030 For more info - https://straitsresearch.com/report/identity-and-access-management-market
According to the latest research report by IMARC Group, The Latin America biometrics market size reached US$ 3,712.5 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 13,654.3 Million by 2032, exhibiting a growth rate (CAGR) of 15.1% during 2024-2032. More Info:- https://www.imarcgroup.com/latin-america-biometrics-market
The Global User Provisioning Market size is expected to reach $8.6 billion by 2023, rising at a market growth of 12% CAGR during the forecast period. Full report: http://kbvresearch.com/user-provisioning-market/
More Information @ http://bit.ly/2lGV1sB smart cards are being used with NFC-enabled mobile phones that have incorporated secure elements and are being used for several applications that include ticketing, mobile marketing and other mobile contactless payments. This has tremendously bolstered global smart card market share from sim and telecom segment applications.
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“Increase in mobile transactions is driving the growth of the mobile biometrics market” The mobile biometrics market is expected to grow from USD 4.03 billion in 2015 to USD 49.33 billion by 2022, at a CAGR of 29.3% between 2016 and 2022.
Biometrics industry By Component (Hardware, Software), By Authentication Type (Single Factor Authentication, Multifactor Authentication), By Function (Non-Contact, Others), By Application (Government, Commercial, Healthcare) - Forecast 2023
The biometric identification market for automotive is projected to grow at a CAGR of 25.61% from 2017 to 2022 and is estimated to reach USD 21.72 billion by 2022.
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. Complete Report available at: http://www.rnrmarketresearch.com/global-multi-factor-authentication-market-2017-2021-market-report.html
The global identity and access management market was valued at USD 12.85 billion in 2022 and is projected to reach USD 36.96 billion by 2030 at a CAGR of 14.12% from 2022 to 2030.
The analysts forecast global critical infrastructure protection market to grow at a CAGR of 13.44% during the period 2016-2020. This report covers the present scenario and the growth prospects of the global critical infrastructure protection market for 2016-2020. Complete Report Available at http://www.sandlerresearch.org/global-critical-infrastucture-protection-market-2016-2020.html.
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