Two-Factor Authentication Market worth Of $5.45 Billion by 2017

1
Two-Factor Authentication Market worth Of 5.45
Billion by 2017
MarketsandMarkets Presents
http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html
2

• According to a new market research report Two
  Factor Authentication Market- By Model / type
  (two, three, four five-factor), Application
  (Banking Finance, Healthcare, Government,
  Defense, Travel immigration, Consumer
  Electronics and Commercial Security) by
  Geography Forecasts (2012 2017) published by
  MarketsandMarkets, the total market is expected
  to reach 5.45 billion by 2017, at a CAGR of
  17.3.

http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html
3

• Browse 118 market data tables with 31 figures
  spread through 275 pages and in-depth TOC of "Two
  Factor Authentication Market- By Model / type
  (two, three, four five-factor), Application
  (Banking Finance, Healthcare, Government,
  Defense, Travel immigration, Consumer
  Electronics and Commercial Security) by
  Geography Forecasts (2012 2017)". 
• http//www.marketsandmarkets.com/Market-Reports/mu
  lti-factor-authentication-market-877.html
• Early buyers will receive 10 customization on
  this report.

http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html
4

• Multi-factor authentication (MFA) implies user
  and employee authentication by verifying two or
  more authentication techniques (hardware token,
  One Time Password, Password/PIN, and biometric
  traits) provided by him/her. MFA has become the
  most important part of security due to increase
  in unauthorized access, frauds, border intrusion,
  etc. MFA is increasingly getting deployed at all
  the security checkpoints of airports, commercial
  complex, retail malls, banking finance, etc.
  MFA provides accurate authentication and
  negligible margin of duplicity or error.

http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html
5

• This report describes the various types of
  biometric and non-biometric technologies such as
  hardware and software tokens, OTP (One Time
  Password), and biometric recognition that are
  being used for different applications. The
  above-mentioned techniques can be combined to
  form two-, three-, four-, and five-factor
  authentication models. Out of these models,
  two-factor authentication is commonly used in
  most of the applications. Two-factor
  authentication is the oldest type of MFA
  technique and can be seen at banks, ATMs, and
  various government offices.

http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html
6

• The report also throws light on the various
  application areas of MFA technology such as
  government, banking and finance, travel and
  immigration, defense, consumer electronics,
  commercial security, and healthcare. MFA
  technology is slowly spreading across all the
  industries wherever security is of the prime
  concern. MFA is largely deployed in the
  application areas like government, travel and
  immigration, banking finance, and defense.

http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html
7

• Two-factor authentication model covers almost 90
  of the market for multi-factor authentication,
  wherein banking finance, travel immigration,
  commercial security are the major applications.
  Three, four-, and five-factor authentication
  models are less used when compared to two-factor
  authentication. The three-factor authentications
  include smart card with pin and biometric
  technology, smart card with two biometric
  technologies, pin with two biometric technologies
  and three biometric authentications. On the other
  hand, four- and five-factor authentication
  includes the use of smart card and pin with more
  than one type of biometric technology such as
  face recognition, fingerprint recognition, voice
  recognition, etc. Three-factor authentication is
  mostly used in private access areas like bank
  lockers, secret data access, defense and travel
  immigration. The use of four- and five-factor
  authentication models is restricted to high cost
  projects in defense, research, and
  government-based applications.

http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html
8

• Global MFA market is expected to reach 5.45
  billion by 2017, at an estimated CAGR of 17.3.
  North America is the biggest multi-factor
  authentication market followed by Europe and
  APAC. In ROW, Middle East and Africa are the
  largest contributors.

http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html
9
Contact Us

• Mr. RohanNorth - Dominion Plaza, 17304
  Preston Road, Suite 800, Dallas, TX 75252Tel
  1-888-6006-441Email sales_at_marketsandmarkets.com
   MarketsandMarkets Bloghttp//twitter.com/market
  smarkets

http//www.linkedin.com/company/marketsandmarkets
http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html
10
About MarketsandMarkets

• MarketsandMarkets is a global market research and
  consulting company based in the U.S. We publish
  strategically analyzed market research reports
  and serve as a business intelligence partner to
  Fortune 500 companies across the world.
• MarketsandMarkets also provides multi-client
  reports, company profiles, databases, and custom
  research services. They cover thirteen industry
  verticals, including advanced materials,
  automotives and transportation, banking and
  financial services, biotechnology, chemicals,
  consumer goods, energy and power, food and
  beverages, industrial automation, medical
  devices, pharmaceuticals, semiconductor and
  electronics, and telecommunications and IT.
• We at MarketsandMarkets are inspired to help our
  clients grow by providing apt business insight
  with our huge market intelligence repository.

http//www.marketsandmarkets.com/Market-Reports/mu
lti-factor-authentication-market-877.html