Posted on Apr 6 2017 10:50 AM

"The 2FA solutions require two types of credentials to verify a person's identity or a transaction. This creates an additional layer of security that makes it difficult for an unauthorized person to access a database or computing device. "

Two-Factor Authentication Market Research Report covers the present scenario and the growth prospects of the Two-Factor Authentication Industry for 2017-2021. Two-Factor Authentication Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Two-Factor Authentication globally.

Report analysts forecast the global 2FA market to grow at a CAGR of 23.57% during the period 2017-2021.

Data security is a primary concern for enterprises, government organizations, and individuals. The popular methods for protecting sensitive data and assets include identity badges, numeric keypads, and PINs. However, these verification methods are vulnerable to hacking attempts. The advanced 2FA solutions prevent data breach by using verification techniques like hardware OTP authentication, smart card-based authentication, phone-based authentication, and biometrics.

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The Two-Factor Authentication Market Report is a meticulous investigation of current scenario of the global market, which covers several market dynamics. The Two-Factor Authentication market research report is a resource, which provides current as well as upcoming technical and financial details of the industry to 2021.

The 2FA solutions require two types of credentials to verify a person's identity or a transaction. This creates an additional layer of security that makes it difficult for an unauthorized person to access a database or computing device. The surge in online transactions through mobile devices, such as smartphones, laptops, and tablets, for banking and e-commerce, has increased the urgency for 2FA.

Key Vendors of Two-Factor Authentication Market:

         Entrust

         Gemalto

         RSA Security

         SecurEnvoy

         VASCO Data Security International

 

Other prominent vendors

         Authenex

         Authentify

         Authy

         Deepnet Security

         DynaPass

         Fortinet

         HID Global

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Global Two-Factor Authentication market report provides key statistics on the market status of the Two-Factor Authentication manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Two-Factor Authentication industry.

Market driver

         Increase in volume of online transactions

         For a full, detailed list, view our report

 

Market challenge

         Lack of telecom infrastructure in developing countries

         For a full, detailed list, view our report

 

Market trend

         Growing adoption of unified platforms for authentication purposes

         For a full, detailed list, view our report

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Geographical Segmentation of Two-Factor Authentication Market:

· Two-Factor Authentication in Americas

· Two-Factor Authentication in APAC

· Two-Factor Authentication in EMEA

 

The Two-Factor Authentication report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Two-Factor Authentication report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.

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Key questions answered in Two-Factor Authentication market report:

• What are the key trends in Two-Factor Authentication market?

• What are the Growth Restraints of this market?

• What will the market size & growth be in 2020?

• Who are the key manufacturer in this market space?

• What are the Two-Factor Authentication market opportunities, market risk and market overview?

• How revenue of this Two-Factor Authentication market in previous & next coming years?

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The report then estimates 2017-2021 market development trends of Two-Factor Authentication market. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Two-Factor Authentication market before evaluating its feasibility.

And continued….

 

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