DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ddwj2q/multifactor) has announced the addition of the "Multi-Factor Authentication (MFA) Market by Model (Two, Three, Four, and Five Factor), Application (Travel & Immigration, Government, Banking, Defense, Commercial Security, Consumer Electronics, Healthcare), and Geography - Global Forecast to 2020" report to their offering.
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 report estimates the multi-factor authentication market, forecasts the size of MFA technologies by models, by applications, and by geography from 2015 to 2020. It includes the latest events in the market under winning imperatives and burning issues. The market is further segmented by two-factor authentication, three-factor authentication, four-factor authentication, and five-factor authentication. These models are used in different industries according to the security requirements. The two-factor and three-factor authentication models are further segmented into different types of models. The segmentation of the multi-factor authentication market on the basis of application provides an insight about the various types of applications that are available in the market. This segment includes applications including government, military & defense, healthcare, banking & finance, commercial security, consumer electronics, travel & immigration, and others.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Multi-Factor Authentication Market, By Model
8 Multi-Factor Authentication Market, By Application
9 Multi-Factor Authentication Market, By Geography
10 Competitive Landscape
11 Company Profiles
- CA Technologies
- Cross Match Technologies, Inc
- Fujitsu Ltd.
- Gemalto NV
- Hid Global Corporation
- NEC Corporation
- RSA Security Llc.
- Safran SA
- Suprema, Inc.
- Vasco Data Security International, Inc.
For more information visit http://www.researchandmarkets.com/research/ddwj2q/multifactor