Market Research Report - 217605
Global Multi-factor Authentication Market 2015-2019
|Published by||TechNavio (Infiniti Research Ltd.)|
|Published||Content info||101 Pages|
|Global Multi-factor Authentication Market 2015-2019|
|Published: December 17, 2014||Content info: 101 Pages||
Multi-factor authentication solutions are security systems that require two or more types of authentication to verify a transaction. In addition, it acts as a security layer and makes it difficult for an unauthorized person to access a physical location, database, or computing device. Earlier, the majority of systems relied upon two-factor authentication unlike the present multi-factor authentication systems that have three components: something the user knows, something the user has, and something the user is. Increased usage of cellphones for banking and shopping has increased security concerns as well. This has created a considerable preference for three-factor authentication solutions by vendors.
TechNavio's analysts forecast the Global Multi-factor Authentication market to grow at a CAGR of 21.1 percent over the period 2014-2019.
This report covers the present scenario and the growth prospects of the Global Multi-factor Authentication market for the period 2015-2019. The report covers different forms of multi-factor authentication solutions such as two-factor authentication and three-factor authentication. To calculate the market size, it considers the revenue generated from:
In addition, the report provides a detailed analysis on the basis of the following: