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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The multi factor authentication market in the U.S. accounts for the major revenue share. The growth is credited to the presence of developed IT infrastructure, financial institutes, and the rising requirement for dependable authentication models. In the region, several banks have prompted the adoption for these models. In 2016, the U.S. Homeland Security launched an airport biometric scanning system which is helping track the immigration in the country through iris and facial recognitions and is aiding the government identify non-U.S. citizens.  The Asia Pacific multi factor authentication market is anticipated to witnesses robust growth owing to the improving economic conditions in developing countries such as China, India and Japan. Increasing usage of smartphones and demonetization effect in India has shown a growing usage for e-wallets and mobile payment applications, which in turn demands for added security. Regional Analysis of Multi Factor Authentication Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Multi Factor Authentication Market:  The multi factor authentication market is segmented based on the technology models such as five factor, four factor, three factor and two factor, authentication models. These models are mainly being implemented for identifying an individual through one’s information or physical traits. One time password (OTP) and smart cards with PINs are the commonly used two factor authentication techniques. The OTP authentication is widely gaining approval in the developed countries. Biometric based multi factor models are growing at a speedy pace as they are providing high convenience and security which are gaining popularity, thereby boosting the multi factor authentication market demand.  The technology is being implemented across several industries such as commercial security, consumer electronics, BFSI, aerospace & defense, healthcare, government, transportation and travel & immigration. The BFSI industry is a key segment which is anticipated to lead the multi factor authentication market growth. Three factor models are being commonly used in BFSI segment owing to its usage in restricted access areas such as bank lockers.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Key players involved in the multi factor authentication market are 3M, Cross Match Technologies, ACTivIdentity Inc., CA Technologies, Confident Technologies, Deepnet Security Ltd., Dell Technologies, Entrust Inc., Fujitsu Ltd., Gemalto NV., HID Global, Lumidigm, NEC Corporation, Passfaces, RCG Holding, RSA Security LLC, Safran SA, Sagem Morpho, SMS Passcode A/S, Safe TLC, SecuGen, Securenvoy Ltd., Suprema Inc., Technology Nexus AB, Vasco Data Security, Watchdata Technologies and ZK Software. Competitive Market Share of Multi Factor Authentication Market:

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