Multi-Factor Authentication Trends: Market Research Report

December 2013 | 36 pages | ID: MB89BE03121EN
Global Industry Analysts, Inc

Abstracts

Multi-Factor Authentication, also referred to as strong 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.

The report analyzes and presents an overview of Multi-Factor Authentication market worldwide. The report also provides global market estimates and projections for Multi-Factor Authentication in US dollars for years 2012 through 2017. Supported with 1 market data table the report provides a review of market trends, growth drivers, and various types of authentication. Furthermore, the report covers about the emergence of biometric technology as a main stream technique for providing secure authentication. The report also highlights on various strategic industry activities of major companies witnessed by the industry over the last few years. In addition, 94 companies operating in the Multi-Factor Authentication arena worldwide including AuthenWare® Corporation, CA Technologies, CertiVox, Easy Solutions, Equifax, Gemalto NV, Intel Corporation, LastPass, Microsoft Corporation, OneLogin, PhoneFactor Inc., Science Applications International Corporation and others are profiled.

Contents

1. MULTI-FACTOR AUTHENTICATION - OVERCOMING SECURITY THREATS

Multi-Factor Authentication - An Introduction
Types of Authentication
Password Authentication
Two-Factor Authentication
Three-Factor Authentication
TIC Authentication for Secure Financial Transactions
SMS Authentication
Adaptive Authentication

2. MARKET TRENDS

Smart Cards and Biometrics: A Boon for Security Applications
Biometrics to Become Authentication Benchmark
Global Market for Multi-Factor Authentication Witnesses Growth

Table 1. Global Multi-Factor Authentication Market (2012-2017) in US$ Million

Rise of Smart Grid Cyber Security in China
Growth Drivers in Mobile Phone Biometric Security Market

3. RECENT INDUSTRY ACTIVITY

Easy Solutions Enters into Partnership with CRM Online
Apple to Acquire AuthenTec
Centers for Medicare & Medicaid Services Selects Two-Factor Credentialing Solution of Experian and Symantec
CertiVox Enters into Partnership Agreement with Parallels
Covisint Enters into Partnership with Duo Security
Intel Inks Agreement with AhnLab
Microsoft Takes Over PhoneFactor
OneLogin Selects RSA SecurID© Technology of RSA
Palo Alto Networks and Swivel Secure Enter into Partnership
Science Applications International Obtains Contract from CMS
AuthenWare and 2Keys Security Solutions Ink Reseller Agreement
BlueStar Energy Solutions Deploys DigitalPersonaPro of DigitalPersona
Elephant Talk Communications Inks Agreement with Visa Europe
LastPass Enters into Agreement with ID Watchdog
PhoneFactor and Accelera Solutions Enter into Partnership
RMS Managed ICT Security Inks Agreement with ValidSoft to Offer VALid in UK
SPAR Group Inks Agreement with Krognos Integrated Marketing Services
CA Technologies to Takeover Arcot Systems
Equifax Takes Over Anakam
Gemalto Takes Over Valimo Wireless
Gemalto Takes Over Todos
PhoneFactor Announces Partnership with Fundtech
PhoneFactor Enters into Partnership with Fiserv
Visa Europe and ValidSoft Ink Agreement
West Selects Anakam Identity Suite of Anakam for West at Home Service

4. PRODUCT/SERVICE LAUNCHES

Authen2cate Launches Single Sign-on and Multi-factor Authentication
Bluepoint Solutions Unveils QwikDeposit Pro
ESET Introduces New ESET Secure Authentication Product
Route1 Launches MobiKEY Technology for Apple iPad
SecureKey Technologies Rolls Out Briidge. net Identity and Authentication Platform
Authentify Launches 2CHK Out-of-Band Authentication Service
Lexis Nexis Risk Solutions Rolls Out New Multi-factor Authentication Solutions
PhoneFactor Rolls Out PhoneFactor Authentication App for Smart Devices
SMS PASSCODE Launches SMS PASSCODE Version 6. 1
StrikeForce Technologies and TradeHarbor Develop Three-Factor Voice Verification Solution
Equifax Introduces Anakam 5. 0 Two Factor Authentication Solution
Facebook Introduces Two-Factor Authentication Feature
StillSecure Introduces Managed Multi-Factor Authentication Service
Authasas Rolls Out Authasas Advanced Authentication for Novell SecureLogin

5. MARKET PARTICIPANTS

3M COMPANY (USA)

AhnLab (Korea)
Amazon Web Services, Inc. (USA)
Apple, Inc. (USA)
Authasas (The Netherlands)
Authen2cate (USA)
Authentify, Inc. (USA)
AuthenWare Corporation (USA)
Authy (USA)
Bluepoint Solutions (USA)
CA Technologies (USA)
Celestix Networks, Inc. (USA)
Centrify Corporation (USA)
CertiVox (UK)
Cloudseal (UK)
Collective Software LLC (USA)
Confident Technologies, Inc. (USA)
Cross Match Technologies, Inc. (USA)
CubeIQ Ltd. (Greece)
DataArt (USA)
DDS, Inc. (Japan)
Deepnet Security (UK)
Delfigo Security (USA)
Dell, Inc. - Quest Software (USA)
DigitalPersona, Inc. (USA)
Diverse Computing, Inc. (USA)
Dome9 Security Ltd. (Israel)
Duo Security, Inc. (USA)
DynaPass, Inc. (USA)
Easy Solutions (USA)
Elephant Talk Communications Corporation (The Netherlands)
Encap AS (Norway)
Entrust, Inc. (USA)
Equifax (USA)
ESET Spol. Sro (Slovak Republic)
Experian (USA)
Ezmcom, Inc. (USA)
First Information Security (UAE)
Fiserv, Inc. (USA)
Fortinet, Inc. (USA)
Gemalto NV (The Netherlands)
Gemalto eBanking (The Netherlands)
Green Armor Solutions, Inc. (USA)
HID Global (USA)
ID Control BV (The Netherlands)
ID Watchdog, Inc. (USA)
Identive Group, Inc. (USA)
Imprivata, Inc. (USA)
Intel Corporation (USA)
KnowledgeTree (USA)
LastPass (USA)
LexisNexis (USA)
Lumidigm, Inc. (USA)
McAfee, Inc. (USA)
Microsoft Corporation (USA)
Morpho (France)
NEC Corporation (Japan)
Okta, Inc. (USA)
OneLogin (USA)
Passfaces Corporation (USA)
PhoneFactor, Inc. (USA)
PistolStar, Inc. (USA)
Rapidsoft Systems, Inc. (USA)
RCG Holdings Ltd. (Hong Kong)
Route1, Inc. (Canada)
RSA Security, Inc. (USA)
SafeNet, Inc. (USA)
Safetic Ireland Ltd. (Ireland)
Science Applications International Corporation (SAIC) (USA)
SecuGen Corporation (USA)
Secure IQ (USA)
SecureAuth Corporation (USA)
SecureKey Technologies, Inc. (Canada)
SecurEnvoy Ltd. (UK)
SecurIT Bvba (Belgium)
SMS Passcode A/S (Denmark)
SolidPass (USA)
SSH Communications Security (Finland)
StillSecure (USA)
StrikeForce Technologies, Inc. (USA)
Suprema, Inc. (Korea)
Swivel Secure Ltd. (UK)
SyferLock Technology Corporation (USA)
Symantec Corporation (USA)
Technology Nexus AB (Sweden)
Thales e-Security, Inc. (USA)
TradeHarbor, Inc. (USA)
Trustwave (USA)
Twilio, Inc. (USA)
ValidSoft (UK)
VASCO Data Security International, Inc. (USA)
Watchdata Technologies Pte. , Ltd. (Singapore)
WiKID Systems, Inc. (USA)
Yubico AB (Sweden)

6. APPENDIX