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Multi-Factor Authentication Market- By Model / Type (Two, Three, Four & Five-Factor), Application (Banking & Finance, Healthcare, Government, Defense, Travel & Immigration, Consumer Electronics And Commercial Security)& By Geography – (2012 – 2017)

By: marketsandmarkets.com
Publishing Date: December 2012
Report Code: SE 1332

The global multi-factor authentication (MFA) market which includes different types of authentication and applications is expected to reach $5.45 billion by 2017 at an estimated CAGR of 17.3% from 2012 to 2017. Two-factor authentication is most widely used MFA model in the world with smartcard with PIN and one time password (OTP) are 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 has the fastest growing region.

Some of the key developments in the authentication industry include Microsoft (U.S.) buying PhoneFactor (U.S.) in October 2012. In July 2012, Apple Inc. (U.S.) bought AuthenTec (U.S.). L1 Identity, a biometric technology company was bought by Sagem Morpho (France). Several other acquisitions, mergers, new product launch, agreements etc. have happened and are discussed in the report.

The report estimates the multi factor authentication market, forecasts the size of MFA technologies by models, by applications, and by geography from 2012 to 2017. It talks about the latest events in the market under winning imperatives and burning issues. We further segment the models 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. Two-factor and three-factor authentication models are further segmented into different types of models.

This report segregates the overall multi-factor authentication market into various application areas such as government, defence, banking and finance, travel and immigration, healthcare, consumer electronics, commercial security, and others. Increasing security concerns, use of MFA in banking & finance, use of MFA via smartphones, increasing cybercrime, etc. give rise to MFA market.

This report deals with all the driving factors, restraints, and opportunities with respect to the MFA market, which are helpful in identifying trends and key success factors for the industry. It also profiles companies active in the field of MFA technology. The report provides the competitive landscape of the players, which covers key growth strategies followed by all the major players. It also highlights the winning imperatives and burning issues pertaining to the MFA industry. It does analyze the MFA technology market with the help of Porter’s five-force model.

Scope of the report

This research report categorizes the global MFA technology, based on types of authentication and applications market; it also covers the forecasted revenue from 2012 to 2017 and future applications of MFA market. It also shows the various activities that are being conducted by different institutes and universities. It describes the deployments of MFA technology in various regions. The report describes the applications mapping the MFA market with respect to the growth potential and adoption by the users.

On the basis of types of authentication (Model)

The global MFA market is categorized into various models such two-factor, three-factor, four-factor, and five-factor authentication. Two-factor authentication is further segmented into smartcard with PIN, smartcard with biometric technology, PIN with biometric technology and two biometric technologies. Similarly, a three-factor authentication model is segmented into smartcard with PIN and biometric technology, smartcard with two biometric technologies, PIN with two biometric technologies, and three biometric technologies.

On the basis of application areas

Application areas of biometric technology have been categorized into government, travel and immigration, defense, banking and finance, healthcare, consumer electronics and commercial security.

On the basis of geography

Geographical analysis covers North America, Europe, Asia-Pacific, and ROW. In this report, North America is further segregated by countries such as U.S., Canada, and Mexico. Europe is further segregated into Germany, U.K., France, Italy, and others. APAC is segregated into Australia, China, Japan, South Korea, and India. ROW is segregated into Africa and Middle East.

TABLE OF CONTENTS

1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
        1.5.1 MARKET SIZE
        1.5.2 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES
        1.5.3 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES
        1.5.4 ASSUMPTIONS MADE FOR THIS REPORT
        1.5.5 LIST OF COMPANIES COVERED DURING STUDY

2 EXECUTIVE SUMMARY

3 MARKET OVERVIEW
   3.1 INTRODUCTION
   3.2 MARKET DEFINITION
   3.3 ADVANTAGES OF MULTI-FACTOR AUTHENTICATION (MFA)
   3.4 TECHNOLOGIES, STANDARDS & TRENDS
   3.5 MARKET DYNAMICS
         3.5.1 DRIVERS
                 3.5.1.1 LEGISLATIVE COMPLIANCE
                 3.5.1.2 USE OF MULTI MODEL AUTHENTICATION IN BANKING & FINANCE
                 3.5.1.3 INCREASING SECURITY CONCERNS FOR NETWORK,
                            PC AND INTERNET SECURITY
                 3.5.1.4 SMARTPHONE-BASED MOBILE DEVICE WITH MFA TECHNOLOGY
                 3.5.1.5 MULTI FACTOR AUTHENTICATION IS THE NEXT STEP OF PAYMENT SYSTEM
         3.5.2 RESTRAINTS
                 3.5.2.1 HIGH INITIAL INVESTMENT AND COMPLEX MAINTENANCE
                 3.5.2.2 LOW ACCEPTANCE IN SEVERAL COUNTRIES DUE TO
                       CULTURAL/RELIGIOUS REASONS
         3.5.3 OPPORTUNITIES
                 3.5.3.1 INTRODUCTION OF MFA IN GAMING
         3.5.4 BURNING ISSUE
                 3.5.4.1 ADMINISTRATION OF MFA
         3.5.5 WINNING IMPERATIVES
                 3.5.5.1 EASE OF USE
   3.6 PORTER’S FIVE FORCES MODEL
         3.6.1 INTENSITY OF RIVALRY
         3.6.2 BARGAINING POWER OF SUPPLIERS
         3.6.3 BARGAINING POWER OF CUSTOMERS
         3.6.4 THREAT OF NEW ENTRANTS
         3.6.5 THREAT OF SUBSTITUTES
   3.7 APPLICATION ANALYSIS OF MFA
   3.8 LIFE CYCLE OF MFA MARKET BY MODEL

4 MFA MARKET, BY MODEL
   4.1 INTRODUCTION
   4.2 MULTI-FACTOR WITH TWO-FACTOR AUTHENTICATION
         4.2.1 SMART CARD WITH PIN
         4.2.2 SMART CARD WITH BIOMETRIC TECHNOLOGY
         4.2.3 BIOMETRIC TECHNOLOGY WITH PIN
         4.2.4 TWO-FACTOR BIOMETRIC TECHNOLOGY
         4.2.5 ONE TIME PASSWORD WITH PIN
   4.3 MULTI-FACTOR WITH THREE-FACTOR AUTHENTICATION
         4.3.1 SMART CARD WITH PIN AND BIOMETRIC TECHNOLOGY
         4.3.2 SMART CARD WITH TWO-FACTOR BIOMETRIC TECHNOLOGIES
         4.3.3 PIN WITH TWO-FACTOR BIOMETRIC TECHNOLOGIES
         4.3.4 THREE-FACTOR BIOMETRIC TECHNOLOGY
   4.4 MULTI-FACTOR WITH FOUR-FACTOR AUTHENTICATION
   4.5 MULTI-FACTOR WITH FIVE-FACTOR AUTHENTICATION

5 MULTI-FACTOR AUTHENTICATION MARKET, BY APPLICATIONS
   5.1 INTRODUCTION
   5.2 TRAVEL & IMMIGRATION AND TRANSPORTATION
   5.3 GOVERNMENT
   5.4 DEFENSE
   5.5 BANKING & FINANCE
   5.6 COMMERCIAL SECURITY
   5.7 CONSUMER ELECTRONICS
   5.8 HEALTHCARE
   5.9 OTHERS

6 MFA MARKET, BY GEOGRAPHY
   6.1 INTRODUCTION
   6.2 NORTH AMERICA
         6.2.1 U.S.
         6.2.2 CANADA
         6.2.3 MEXICO
   6.3 EUROPE
         6.3.1 GERMANY
         6.3.2 U.K.
         6.3.3 FRANCE
         6.3.4 ITALY
   6.4 APAC
         6.4.1 AUSTRALIA
         6.4.2 CHINA
         6.4.3 JAPAN
         6.4.4 SOUTH KOREA
         6.4.5 INDIA
   6.5 ROW
         6.5.1 MIDDLE EAST
         6.5.2 AFRICA

7 COMPETITIVE LANDSCAPE
7.1 LEADING MFA COMPANIES
7.2 KEY GROWTH STRATEGIES

8 COMPANY PROFILES (Overview, Financials, Products & Services, Strategy, And Developments )*
   8.1 3M
   8.2 ACTIVEIDENTITY INC.
   8.3 CONFIDENT TECHNOLOGIES
   8.4 CROSS MATCH TECHNOLOGIES
   8.5 DEEPNET SECURITY LTD.
   8.6 ENTRUST, INC.
   8.7 EZMCOM INC.
   8.8 FUJITSU
   8.9 GEMALTO
   8.10 IDENTIVE GROUP
   8.11 LUMIDIGM
   8.12 NEC CORP
   8.13 PASSFACES
   8.14 RCG HOLDING
   8.15 RSA SECURITY
   8.16 SAFETIC
   8.17 SAGEM MORPHO
   8.18 SECUGEN
   8.19 SECURENVOY LTD.
   8.20 SMS PASSCODE A/S
   8.21 SUPREMA, INC.
   8.22 TECHNOLOGY NEXUS AB
   8.23 WATCHDATA TECHNOLOGIES
   8.24 ZK SOFTWARE
*Details On Financials, Product & Services, Strategy, And Developments Might Not Be Captured In Case Of Unlisted Companies.

LIST OF TABLES

TABLE 1 GLOBAL MULTI-FACTOR AUTHENTICATION (MFA) MARKET REVENUE,BY MODELS, 2012 – 2017 ($MILLION)
TABLE 2 GLOBAL MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 3 GLOBAL MFA MARKET REVENUE,BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 4 GLOBAL MFA MARKET REVENUE,BY MODELS, 2012 – 2017 ($MILLION)
TABLE 5 GLOBAL TWO-FACTOR AUTHENTICATION MARKET REVENUE, BY TYPES, 2012 – 2017 ($MILLION)
TABLE 6 TWO-FACTOR AUTHENTICATION MARKET REVENUE, BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 7 NORTH AMERICA: TWO-FACTOR AUTHENTICATION MARKET REVENUE, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 8 EUROPE: TWO-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 9 APAC: TWO-FACTOR AUTHENTICATION MARKET REVENUE, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 10 ROW: TWO-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 11 GLOBAL THREE-FACTOR AUTHENTICATION MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 12 THREE-FACTOR AUTHENTICATION MARKET REVENUE, BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 13 NORTH AMERICA: THREE-FACTOR AUTHENTICATION MARKET REVENUE, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 14 EUROPE: THREE-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 15 APAC: THREE-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 16 ROW: THREE-FACTOR AUTHENTICATION MARKET REVENUE, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 17 FOUR-FACTOR AUTHENTICATION MARKET REVENUE, BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 18 NORTH AMERICA: FOUR-FACTOR AUTHENTICATION MARKET REVENUE, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 19 EUROPE: FOUR-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 20 APAC: FOUR-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 21 ROW: FOUR-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 22 FIVE-FACTOR AUTHENTICATION MARKET REVENUE, BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 23 NORTH AMERICA: FIVE-FACTOR AUTHENTICATION MARKET REVENUE, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 24 EUROPE: FIVE-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 25 APAC: FIVE-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 26 ROW: FIVE-FACTOR AUTHENTICATION MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 27 MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 28 MFA MARKET REVENUE, FOR TRAVEL & IMMIGRATION & TRANSPORTATION APPLICATION, BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 29 NORTH AMERICA: MFA MARKET REVENUE, FOR TRAVEL & IMMIGRATION AND TRANSPORTATION APPLICATION, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 30 EUROPE: MFA MARKET REVENUE, FOR TRAVEL & IMMIGRATION AND TRANSPORTATION APPLICATION,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 31 APAC: MFA MARKET REVENUE,FOR TRAVEL & IMMIGRATION AND TRANSPORTATION APPLICATION, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 32 ROW: MFA MARKET REVENUE,FOR TRAVEL & IMMIGRATION AND TRANSPORTATION APPLICATION,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 33 MFA MARKET REVENUE,FOR GOVERNMENT APPLICATION, BY GEOGRAPHY,2012 – 2017 ($MILLION)
TABLE 34 NORTH AMERICA: MFA MARKET REVENUE, FOR GOVERNMENT APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 35 EUROPE: MFA MARKET REVENUE,FOR GOVERNMENT APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 36 APAC: MFA MARKET REVENUE,FOR GOVERNMENT APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 37 ROW: MFA MARKET REVENUE, FOR GOVERNMENT APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 38 MFA MARKET REVENUE, FOR DEFENSE APPLICATION, BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 39 NORTH AMERICA: MFA MARKET REVENUE, FOR DEFENSE APPLICATION, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 40 EUROPE: MFA MARKET REVENUE,FOR DEFENSE APPLICATION, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 41 APAC: MFA MARKET REVENUE,FOR DEFENSE APPLICATION, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 42 ROW: MFA MARKET REVENUE,FOR GOVERNMENT APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 43 MFA MARKET REVENUE, FOR BANKING & FINANCE APPLICATION, BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 44 NORTH AMERICA: MFA MARKET REVENUE, FOR BANKING & FINANCE APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 45 EUROPE: MFA MARKET REVENUE,FOR BANKING & FINANCE APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 46 APAC: MFA MARKET REVENUE,FOR BANKING & FINANCE APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 47 ROW: MFA MARKET REVENUE,FOR BANKING & FINANCE APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 48 MFA MARKET REVENUE,FOR COMMERCIAL SECURITY APPLICATION, BY GEOGRAPHY,2012 – 2017 ($MILLION)
TABLE 49 NORTH AMERICA: MFA MARKET REVENUE, FOR COMMERCIAL SECURITY APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 50 EUROPE: MFA MARKET REVENUE,FOR COMMERCIAL SECURITY APPLICATION, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 51 APAC: MFA MARKET REVENUE,FOR COMMERCIAL SECURITY APPLICATION, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 52 ROW: MFA MARKET REVENUE,FOR COMMERCIAL SECURITY APPLICATION, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 53 MFA MARKET REVENUE, FOR CONSUMER ELECTRONICS APPLICATION, BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 54 NORTH AMERICA: MFA MARKET REVENUE, FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 55 EUROPE: MFA MARKET REVENUE,FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 56 APAC: MFA MARKET REVENUE,FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 57 ROW: MFA MARKET REVENUE,FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 58 MFA MARKET REVENUE, FOR HEALTHCARE APPLICATION, BY GEOGRAPHY, 2012 – 2017 ($MILLION)
TABLE 59 NORTH AMERICA: MFA MARKET REVENUE, FOR HEALTHCARE APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 60 EUROPE: MFA MARKET REVENUE,FOR HEALTHCARE APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 61 APAC: MFA MARKET REVENUE,FOR HEALTHCARE APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 62 ROW: MFA MARKET REVENUE,FOR HEALTHCARE APPLICATION, BY COUNTRY,2012 – 2017 ($MILLION)
TABLE 63 NORTH AMERICA: MFA MARKET REVENUE, BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 64 NORTH AMERICA: MFA MARKET REVENUE, BY TYPE, 2012 – 2017 ($MILLION)
TABLE 65 NORTH AMERICA: MFA MARKET REVENUE, BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 66 U.S.: MFA MARKET REVENUE, BY TYPES, 2012 – 2017 ($MILLION)
TABLE 67 U.S.: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 68 CANADA: MFA MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 69 CANADA: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 70 MEXICO: MFA MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 71 MEXICO: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 72 EUROPE: MFA MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 73 EUROPE: MFA MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 74 EUROPE: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 75 GERMANY: MFA MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 76 GERMANY: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 77 U.K.: MFA MARKET REVENUE, BY TYPES, 2012 – 2017 ($MILLION)
TABLE 78 U.K.: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 79 FRANCE: MFA MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 80 FRANCE: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 81 ITALY: MFA MARKET REVENUE, BY TYPES, 2012 – 2017 ($MILLION)
TABLE 82 ITALY: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 83 APAC: MFA MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 84 APAC: MFA MARKET REVENUE, BY TYPES, 2012– 2017 ($MILLION)
TABLE 85 APAC: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 86 AUSTRALIA: MFA MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 87 AUSTRALIA: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 88 CHINA: MFA MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 89 CHINA: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 90 JAPAN: MFA MARKET REVENUE, BY TYPES, 2012 – 2017 ($MILLION)
TABLE 91 JAPAN: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 92 SOUTH KOREA: MFA MARKET REVENUE, BY TYPES, 2012 – 2017 ($MILLION)
TABLE 93 SOUTH KOREA: MFA MARKET REVENUE, BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 94 INDIA: MFA MARKET REVENUE, BY TYPES, 2012 – 2017 ($MILLION)
TABLE 95 INDIA: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 96 ROW: MFA MARKET REVENUE,BY COUNTRY, 2012 – 2017 ($MILLION)
TABLE 97 ROW: MFA MARKET REVENUE, BY TYPES, 2012 – 2017 ($MILLION)
TABLE 98 ROW: MFA MARKET REVENUE, BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 99 MIDDLE EAST: MFA MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 100 MIDDLE EAST: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 101 AFRICA: MFA MARKET REVENUE,BY TYPES, 2012 – 2017 ($MILLION)
TABLE 102 AFRICA: MFA MARKET REVENUE,BY APPLICATIONS, 2012 – 2017 ($MILLION)
TABLE 103 RANKING OF NON-BIOMETRIC BASED MFA PROVIDER
TABLE 104 BIOMETRIC BASED MFA PROVIDER & THEIR SERVICES OFFERED
TABLE 105 NEW PRODUCT LAUNCH/DEVELOPMENT
TABLE 106 MERGERS & ACQUISITIONS
TABLE 107 PARTNERSHIPS/AGREEMENTS/STRATEGIC ALLIANCE/ COLLABORATION
TABLE 108 CONTRACT/DEPLOYMENT
TABLE 109 3M: OVERALL REVENUE, 2010 – 2011 ($BILLION)
TABLE 110 PRODUCT SPECIFICATIONS
TABLE 111 FUJITSU: OVERALL REVENUE, 2011 – 2012 ($MILLION)
TABLE 112 IDENTIVE GROUP: COMPANY FINANCIALS 2010 – 2011 ($MILLION)
TABLE 113 NEC: OVERALL REVENUE, 2011 – 2012 ($BILLION)
TABLE 114 RCG: OVERALL REVENUE, 2010 – 2011 ($MILLION)
TABLE 115 RSA’S PRODUCT DESCRIPTION
TABLE 116 SAGEM MORPHO: OVERALL REVENUE, 2010 – 2011 ($MILLION)
TABLE 117 SAGEM MORPHO: SECURITY REVENUE, BY SECTORS,2010 – 2011 ($MILLION)
TABLE 118 PRODUCTS OFFERED BY SECURENVOY

LIST OF FIGURES

FIGURE 1 GLOBAL MFA MARKET SEGMENTATION
FIGURE 2 STEPS OF RESEARCH
FIGURE 3 MARKET CRACKDOWN
FIGURE 4 MULTI-FACTOR MARKET BREAKDOWN STRATEGY
FIGURE 5 MAJOR CATEGORIES OF AUTHENTICATION FACTORS
FIGURE 6 SAMPLE PICTURES OF USB BIOMETRIC SCANNERS
FIGURE 7 MFA BY MODEL
FIGURE 8 IMPACT ANALYSIS OF DRIVERS
FIGURE 9 GROWTH OF SMARTPHONES & TABLETS MARKET (MILLION UNITS)
FIGURE 10 IMPACT ANALYSIS OF RESTRAINTS
FIGURE 11 PORTER’S FIVE FORCE MODEL
FIGURE 12 TARGET APPLICATIONS OF MFA MARKET
FIGURE 13 MATURITY LEVEL OF DIFFERENT MODEL OF MFA
FIGURE 14 RISK OF EXPOSURE V/S TRANSACTION FREEQUENCY IN BANKING & FINANCE
FIGURE 15 SECURITY OFFERED BY DIFFERENT METHODS OF AUTHENTICATION.
FIGURE 16 KEY GROWTH STRATEGIES
FIGURE 17 ACTIVIDENTITY: PRODUCT OVERVIEW
FIGURE 18 ACTIVIDENTITY, INC.: SOLUTIONS OVERVIEW
FIGURE 19 PRODUCTS & SERVICES OFFERED BY CONFIDENT TECHNOLOGIES
FIGURE 20 CROSS MATCH TECHNOLOGIES’ KEY PRODUCT LINE
FIGURE 21 DEEPNET SECURITY LTD.: MAJOR AUTHENTICATION PRODUCTS & THEIR TYPES
FIGURE 22 ENTRUST INC.: MAJOR SECTORS CATERING
FIGURE 23 EZMCOM’S OPERATION & PRODUCT SEGMENTATION
FIGURE 24 EZMCOM’S LIST OF PRODUCTS OFFERED
FIGURE 25 PRODUCTS OFFERED BY RSA SECURITY (AUTHENTICATION)
FIGURE 26 PRODUCT LINE OF SAFRAN MORPHO
FIGURE 27 SAGEM MORPHO: REVENUE BREAKUP, BY BUSINESSES, 2011
FIGURE 28 PRODUCTS AND SERVICES OFFERED BY SECUGEN
FIGURE 29 AUTHENTICATION PROCESS USING SMS PASSCODE
FIGURE 30 PRODUCTS & SERVICES OFFERED BY SUPREMA
FIGURE 31 PRODUCTS OFFERED BY TECHNOLOGY NEXUS AB

Multi-factor authentication is a security system where more than one form of authentication is used such as something you know (password), something you have (smart card), and something you are (biometric technology). The combination of these three security systems provides a high degree of security and convenience, which ensures confidentiality of personal information. This is superior to traditional passwords/PINs as these are easily guessed, forgotten or copied. Multi-factor authentication helps in prevention of theft as the information is stored in the form of a digital record in the database; which makes it highly impossible to reconstruct, decrypt or manipulate. Multi-factor authentication also includes biometric technology that uses biological characteristics or features, which are inseparable from a person; therefore, reducing the threat of loss or theft.

Multi-factor authentication (MFA) comes with different models such as two-factor authentication, three-factor authentication, four-factor authentication, and five-factor authentication. The two-factor authentication includes smart card with pin, smart card with biometric technology, biometric technology with pin, two biometric authentications, and one time password with pin. The three authentications include smart card with pin and biometric technology, smart card with two biometric technologies, pin with two biometric technologies, and three biometric authentications. On the other hand, four- and five-factor authentication includes the use of smart card and pin with more than one biometric technology such as face recognition, fingerprint recognition, voice recognition, etc.

market can be categorized into different applications 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 are banking & finance, government, and defense.

This report describes the market trends, drivers, and challenges of market and forecasts the MFA market from 2012 to 2017, based on applications of and geography. It covers geographies like North America, Europe, APAC, and ROW (Rest of the World). In MFA market, two-factor authentications contribute for the largest percentage share, whereas “banking & finance” is the major application; followed by government and defense. In geographic analysis, North America is the market leader followed by Europe and APAC.

The major companies involved in market are RSA (U.S.), VASCO (U.S.), Entrust (U.S.), Technology Nexus AB (Sweden), VeriSign Authentication (U.S.), Sagem Morpho (France), NEC Corporation (Japan), Cross Match Technologies (U.S.), etc.

Global Biometric Technology - Products and Technology Market (2012 - 2017)

Multi-factor Authentication Market