Multifactor Authentication Market by Model, Application & Geography - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "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" report to their offering.

The multifactor authentication market is expected to reach USD 12.51 billion by 2022, at a CAGR of 15.52% during the forecast period.

The growth of the market is driven by various factors such as an increase in data breaches and cyber attacks, stringent regulation and the growing pressure of data security compliances and the growing adoption of bring your own devices (BYODs) among enterprises. However, cost and technical complexity in implementing MFA and increase in MFA use/service time are expected to inhibit the market growth for a short period of time.

The market for five-factor authentication is expected to grow at the highest CAGR between 2017 and 2022. Being very high in security, these types of models are mostly used in government applications and a few other applications that require a high-level authentication, which is the main reason behind the adoption of five-factor authentication model.

Companies Mentioned

  • 3M
  • Apersona Inc
  • Biomio
  • CA Technology
  • Censornet Ltd
  • Crossmatch
  • Deepnet Security
  • Duo Secuirty
  • Entrust Inc.
  • Fujitsu
  • Gemalto NV
  • Hid Global Corporation/Assa Abloy Ab
  • Iovation Inc
  • NEC Corporation
  • Nexus Group
  • Rcg Holdings Limited
  • Rsa Security LLC
  • Safran
  • Secugen Corporation
  • Securenvoy Ltd
  • Suprema HQ Inc.
  • Symantec Corporation
  • Vasco Data Security International Inc.
  • Watchdata.Com
  • ZK Software

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Multifactor Authentication Market, By Model

8 Multifactor Authentication Market, By Application

9 Geographical Analysis

10 Competitive Landscape

11 Company Profile

For more information about this report visit http://www.researchandmarkets.com/research/ccfrt8/multifactor

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: IT Security

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: IT Security