Need for Extra Layer of Security Protection to Drive Demand for Multi-Factor Authentication, According to a New Trend Report Published by Global Industry Analysts, Inc.

GIA announces the release of a trend report on Multi-Factor Authentication. Market for Multi-Factor Authentication is projected to witness strong growth led by rising security issues, and expanding applications in government, banks, finance, and retail sectors.

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Multi-Factor Authentication: A Trend Report

San Jose, California (PRWEB) January 08, 2014

Follow us on LinkedIn – Multi-factor authentication is a layered security system, which is used for the protection of online financial information of customers. This system adds two or more security layers to secure the user from external threats. Two-Factor Authentication is the most commonly used multi-factor authentication system that finds applications in several sectors including online commerce, government and financial services, healthcare, aerospace and defence, and telecommunications and electronics. The most common use of this technology is in the internet banking sector and online gaming services. Growing demand for foolproof authentication systems which offer protection against errors and duplicity is expected to drive growth in the market in the coming years. Use of expensive four and five factor authentication models is however currently limited to confidential projects in research, and government-based applications.

The trend report titled “Multi-Factor Authentication” announced by Global Industry Analysts Inc., is a focused research paper which provides cursory insights into the technology, its evolution, applications, future prospects, and corporate initiatives of key companies worldwide. The report also provides global market estimates and projections for Multi-Factor Authentication in US dollars for years 2012 through 2017. Also included is coverage on key companies such as Apple Inc., Authen2cate, AuthenWare® Corporation, Bluepoint Solutions, CertiVox, Deepnet Security, Equifax, Gemalto NV, Microsoft Corporation, Route1 Inc., and SecureAuth Corporation, among others.

For more details about this trend report, please visit http://www.strategyr.com/TrendReport.asp?code=146115.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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