Multifactor Authentication Market Top Key Competitors are | Duo Security, Entrust Inc., Fujitsu, Gemalto NV, Hid Global Corporation/Assa Abloy Ab, and others
Global Multifactor Authentication Market accounted for USD 5.52 billion in 2018 growing at a CAGR of 15.21% during the forecast period to 2026.
Global Multifactor Authentication Market report handles market research of the industry by considering several parameters that are involved in the business growth. One of the greatest and quickest ways to collect information for the business in this fast-paced industry is market research or secondary research. Global Multifactor Authentication Market helps out in mapping brand awareness, market landscape, possible future issues, industry trends and customer behaviour about ABC industry which finally results into highly developed business strategies. By keeping customer requirements at the centre, Global Multifactor Authentication Market has been framed by chewing over an array of market parameters.
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Global Multifactor Authentication Market Company Share Analysis:
The report for global multifactor authentication market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Global Multifactor Authentication Market Segmentation:
The global multifactor authentication market is segmented on the basis of model which is further segmented into two-factor authentication, multifactor with three-factor authentication, multifactor with four-factor authentication, multifactor with five-factor authentication, and others. The two-factor authentication segment is further sub segmented into smart card with pin, smart card with biometric technology, biometric technology with pin, two-factor biometric technology, one time password with pin, and others. The multifactor with three-factor authentication is further sub categorized into smart card with pin and biometric technology, smart card with two-factor biometric technologies, pin with two-factor biometric technologies, three-factor biometric technology, and others.
On the basis of deployment, the global multifactor authentication market is segmented into premise, on cloud, and others.
On the basis of application, the multifactor authentication market is further segmented into banking and finance, government, travel and immigration, military and defense, commercial security, consumer electronics, healthcare, and others.
On the basis of geography, global multifactor authentication market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Multi-Factor Authentication is a technology which allows the organization to safeguard their confidential information from the undesirable access. Multi-Factor authentication uses the various security keys such as passwords, OTP, Biometric too give the authentication to access the data. It is widely incorporated in application industries such as banking and finance, government, travel and immigration, military and defense, commercial security, consumer electronics, healthcare, and others. Increasing cybercrimes and security propagation around the world is giving the enhancement to the market. Moreover technological expansion and new security services are driving the market. On the other side, high initial investments, and complex maintenance is hampering it.
Major Market Drivers& Restraints:
- Increased National and Network Security Threats
- Rapid Globalization
- Growing Demand Of E-Commerce
- High-Level Security Provided By Hardware OTP Tokens
- High Usage Service Time Are Limiting The Market
- High Initial Investments, And Complex Maintenance
Global Multifactor Authentication Market Major Market Competitors:
Some of the major players of the global multifactor authentication market 3M, Apersona, Inc, Biomio, CA Technology, Censornet Ltd, Crossmatch, Deepnet Security, Duo Security, 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, and others.
Table of Contents
- Introduction
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Delivery
- Industry Type
- Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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