Multi-Factor Authentication Market Worth $5.45 Billion by 2017

Multi-Factor Authentication Market Worth $5.45 Billion by 2017 PR Newswire DALLAS, December 4, 2012 DALLAS, December 4, 2012 /PRNewswire/ -- According to a new market research report, "Multi-Factor Authentication Market - By Model / type (two-, three-, four- & five-factor), Application (Banking & Finance, Healthcare, Government, Defense, Travel & Immigration, Consumer Electronics and Commercial Security) & by Geography - Forecasts (2012 - 2017)", published by MarketsandMarkets (http://www.marketsandmarkets.com), the total market is expected to reach $5.45 billion by 2017, at a CAGR of 17.3%. Browse 118 market data tables with 31 figures spread through 275 pages and in-depth TOC of "Multi-Factor Authentication Market - By Model / Type (two-, three-, four- & five-factor), Application (Banking & Finance, Healthcare, Government, Defense, Travel & immigration, Consumer Electronics and Commercial Security) & by Geography - Forecasts (2012 -2017)". http://www.marketsandmarkets.com/Market-Reports/multi-factor-authentication-market-877.html Early buyers will receive 10% customization on reports. 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, etc.