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Two-factor Biometrics Market: Challenges and Frontiers of Growth 2016-2020

Monday, October 3, 2016 4:37
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The Global Two-factor Biometrics Market to grow at a CAGR of 22.87% during the period 2016-2020. The Two-factor Biometrics report covers the present scenario and the growth prospects of the Two-factor Biometrics for 2016-2020.

To calculate the market size, the report considers revenue generated from the sales of two-factor biometric products and services.

• Two-factor biometric products include hardware products such as one-time password (OTP) tokens, USB tokens, mini tokens, and subscriber identity module (SIM) tokens

• Two-factor biometric services include software and services such as OTP software and software-based security tokens. They also include out-of-band authentication (OOB) services and cloud-based two-factor authentication services.

Browse more detail information about Two-factor Biometrics Market Report at:

Two-factor Biometrics Industry Opportunities:

The rising occurrences of criminal activities in the BFSI, PCI, government, and healthcare, sectors are leading to a higher demand for cyber security solutions. There is a heightened need for highly reliable personal authentication and identification systems to reduce security risks. Two-factor biometric solutions are used to ensure physical and information security. Here, the user needs to provide the second piece of information — a code, a temporary password, or a finger swipe — to access credentials. If the user is unable to provide the correct information, the account remains locked.

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The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key players in Two-factor Biometrics Industry


• Entrust

• Gemalto



Other prominent vendors

• Authenex

• Authentify

• Authy

• Deepnet Security

• DynaPass

• Fortinet

• HID Global

• Meontrust

• Mi-Token

• PointSharp

• Protectimus Solutions

• SecureAuth

• SecurEnvoy

• SecurStar

• SecuTech Solutions

• Swivel Secure


The Two-factor Biometrics is divided into the following segments based on geography:

• Americas




In the end, the report makes some important proposals for a new project of Two-factor Biometrics Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 global Two-factor Biometrics industry covering all important parameters.

Two-factor Biometrics Market driver

• Growing number of online transactions

• Other

Two-factor Biometrics Market challenge

• Vulnerability of hardware devices to physical damage

• Other

Two-factor Biometrics Market trend

• Increasing adoption of two-factor biometrics by SMBs

• Other

Have any query? Ask our expert @

Key questions answered in this Two-factor Biometrics report

• What will the market size be in 2020 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

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About Absolute Report:

Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.


Mr. Ameya Pingaley

Absolute Reports

+1-408 520 9750

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