DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/fkrm4l/multifactor) has announced the addition of the "Multi-Factor Authentication (MFA) Market - Global Forecast to 2020" report to their offering.
This report on the multi-factor authentication market is aimed towards analyzing the major application segments such as government, defense, travel and immigration, banking and finance, consumer electronics, commercial security and healthcare. The most common application areas in the field of multi-factor authentication are banking & finance, government and defense.
Multi-factor authentication can be described as authenticating a person on the basis of factors provided by that person. The factors can be classified under three broad categories:
- Something you have
- Something you know
Something you are.
These three factors can be hardware tokens, PIN, passwords, biological traits, and so on. Another type of authenticating factor is OTP (One Time Password), which is gaining popularity in Europe and North America.
This report describes the market trends, drivers, and challenges of multi-factor authentication market and forecasts the multi-factor authentication market from 2013 to 2020, based on applications of the multi-factor authentication and geography. It covers regions such as North America, Europe, APAC, and the RoW (Rest of the World).
Overall, it estimates that the market will reach $9.60 Billion by 2020, at an estimated CAGR of 17.7% from 2015 to 2020. It was previously valued at $3.60 Billion in 2014.
Companies Mentioned in this Report:
- 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.
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
For more information visit http://www.researchandmarkets.com/research/fkrm4l/multifactor