Multi-factor authentication market worth US$13.2 billion in 2020
Market intelligence from ABI Research (www.abiresearch.com) finds that the global mobile multi-factor authentication software and service market will be worth US$1.6 billion by the end of 2015.
Username and passwords have been widely used to authenticate user identity but fail to provide adequate authentication, says the research group. Authentication-based attacks continue to plague organizations of all sizes with the majority of breaches being attributed to weak or absent authentication.
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