Market Report

Multi-Factor Authentication (MFA) is used to authenticate a person on the basis of factors provided by an individual. The authentication factors are classified under three categories that include ‘Something you know’, ‘Something you are’ and ‘Something you have’. These three factors can be PIN, hardware tokens, biological traits and passwords among others. OTP – One Time Password is another type of authenticating factor that has gained worldwide popularity and is being used widely across all applications. Multi-factor authentication provides a high degree of security, thereby ensures confidentiality of sensitive and personal information. The technology is superior to the traditional technology wherein only one-factor authentication such as username and PIN/password could be guessed/forgotten easily. Request Sample The global multi-factor authentication market is driven by the increasing national and network security threats coupled with stringent legislative compliances to be observed...