TechNavio today launched its report Global Two-factor Authentication Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s IT Security team said; ”Technological advancements have forced vendors to provide easy-to-use two-factor authentication solutions that can help end-users access multiple applications. Moreover, vendors are expected to converge physical and logical authentication tokens into one token. If the end-users’ mobile phones are equipped with the near-field communications feature, they can use their mobile phones like a contactless card to gain physical access to enter a secured location.”
According to the report, the increase in the severity of security threats on critical installations has led to an increase in the number of regulations. The companies with businesses that depend on online customer interactions such as online banking or transactions and e-commerce have to comply with regulatory requirements. A security breach would lead to huge data loss, resulting in penalties and loss of reputation.
Further, the report also discusses that one of the main challenges is the issues pertaining to the deployment of mobile phone-based authentication solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/ckLxt
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TechNavio Announces the Publication of its Report – Global Two-factor Authentication Market 2011-2015
