Multi-Factor Authentication Market worth $10.75 Billion by 2020

Multi-Factor Authentication Market worthMulti-Factor Authentication Market worth $10.75 Billion by 2020 PR Newswire DALLAS, March 28, 2014 According to a new market research report "Multi-Factor Authentication Market by Model/Type (Two, Three, Four & Five-Factor), Application (Banking & Finance, Government, Defense, Healthcare and others), & by Geography - Global Trend & Forecast to 2014 - 2020", published by MarketsandMarkets, the total market is expected to reach $10.75 Billion by 2020, at a CAGR of 19.67%. Browse 106 market data Tables and 46 Figures spread through 304 Pages and in-depth TOC on "Multi-Factor Authentication Market". http://www.marketsandmarkets.com/Market-Reports/multi-factor- authentication-market-877.html Early buyers will receive 10% customization on this report. Multi-factor authentication (MFA) implies user and employee authentication by verifying two or more authentication techniques (Hardware token, One Time Password, Password/PIN, and Biometric traits) provided by him/her. MFA has become the most important part of security due to increase in unauthorized access, frauds, border intrusion, and so on. MFA is increasingly getting deployed at all the security checkpoints in airports, commercial complex, retail malls, banking & finance, and so on. MFA provides accurate authentication and negligible margin of duplicity or error.