The analysts forecast global multi-factor authentication market to grow at a CAGR of 22.65% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global multi-factor authentication market for 2017-2021. To calculate the market size, the report considers multi-factor authentication products that include hardware products such as one-time password (OTP) tokens, USB tokens, mini tokens, subscriber identification module (SIM) tokens, and smart card tokens.

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The use of two or more authentication method is known as multi-factor authentication. The implementation of multi-factor authentication has been growing among several industry sectors because organizations are finding ways of increasing security and meeting the demands of industry and government regulations that require protection of sensitive consumer and employee information. Two-factor authentication is the most commonly used type of multi-factor authentication.

This report, Global Multi-factor Authentication Market 2017-2021, 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. The report also includes a discussion of the key vendors operating in this market.
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Key Vendors
 Entrust
 Gemalto
 RSA Security
 SecureAuth
 VASCO Data Security International
 Other prominent vendors
 CA Technologies
 Deepnet Security
 Early Warning Services
 Fujitsu
 HID Global
 IBM


Market Driver
• High-level security provided by hardware OTP tokens
• For a full, detailed list, view our report
Market Challenge
• Increase in cost of OTP tokens
• For a full, detailed list, view our report
Market Trend
• Emergence of cloud-based multi-factor authentication
• For a full, detailed list, view our report

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