PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Information Security Concerns Advance Sales in Hardware Authentication Devices Markets Worldwide - New analysis from Frost & Sullivan, World Hardware Authentication Devices Markets, reveals that revenues in this industry totaled $248.1 million in 2004 and can reach $1,171.2 million in 2011.
Information Security Concerns Advance Sales in Hardware Authentication Devices Markets Worldwide

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2005/09/30 - New analysis from Frost & Sullivan, World Hardware Authentication Devices Markets, reveals that revenues in this industry totaled $248.1 million in 2004 and can reach $1,171.2 million in 2011..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The recent spate of legislative mandates pointing in the direction of adopting strong authentication with auditing capability as a best practice, has galvanized the hardware authentication devices market. Information security, often viewed as a set of technical issues, is now a corporate governance responsibility that involves risk management, reporting controls, testing and training, and executive accountability. This is making available budgets for hardware authentication device based solutions. Market participants are witnessing steady and ongoing opportunities to offer corporate customers a new line of comprehensive identity management solutions.

New analysis from Frost & Sullivan (internetsecurity.frost.com), World Hardware Authentication Devices Markets, reveals that revenues in this industry totaled $248.1 million in 2004 and can reach $1,171.2 million in 2011.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the World Hardware Authentication Devices Markets, then send an e-mail to Mireya Castilla, Corporate Communications, at mireya.castilla[.]frost.com with your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.

Repeated security breaches on information networks, identity theft and phishing attacks have made enterprises and consumers conscious of the danger posed by weak and insecure static passwords. Consequently, they are more willing to invest in and employ cost-effective, reliable, and user-friendly hardware authentication devices that offer secure forms of identification and enhanced network security.

“Hardware authentication devices enhance network security by providing two-factor authentication. They serve as users’ digital identity organizer, managing their varied credentials whether they are encryption keys or passwords, on one device. This eliminates the need to remember several different passwords to access different resources in the network,” says Frost & Sullivan Research Analyst Zubin Baben. “End users will embrace security solutions that are easy to use.”

There are, however, certain constraints in adoption of this technology, like the challenge posed by the complexities in integrating the technologies with the existing infrastructure of the enterprises. Changes to legacy applications and workflow may be required during the integration. Moreover, the cost of large-scale deployment can be quite substantial, considering the high cost of the backend software, infrastructure, and services needed for large-scale installation of the devices. This is a constraint, especially in an environment where information technology (IT) budgets are shrinking.

The hardware authentication devices markets can meet this challenge by developing cost-effective technologies and products to boost sales. Market participants may need to convince enterprises that these technologies are worthwhile investments by making it possible to extend them to support wider applications such as physical security and employee self services.

“The enterprises are hoping for a comprehensive solution that will seamlessly integrate physical and logical authentication processes in a user-friendly manner while simultaneously performing a variety of operations such as payment and employee benefits,” notes Baben. “Delivering such a solution could boost acceptance of hardware authentication devices in the market.”

Vendor lock-in is a risk in this market as a large number of solutions in the market use proprietary standards. Since most of these solutions are not interoperable, they drastically reduce the options available to buyers. This is especially acute in the one time password generating tokens (OTPs) space, where in most cases enterprises have to buy an entire stack of products from the client side applications, middleware to back end authentication systems from a single vendor resulting in long-term vendor lock-in.

The consumer identity segment presents a signifcant emerging opportunity for the market in the future. But the industry needs to develop technologies and products that address the needs of the consumer identity space in terms of cost, manageability, deployment mechanisms, and privacy concerns so as to take advantage of the immense market opportunity.This is going to be a major area of focus for the hardware authenticaiton devices markets.

World Hardware Authentication Devices Markets is part of the Network Security subscription. The study analyses the world market for hardware authentication devices, segmenting it into OTPs and USB keys along with the server seats and associated software. It discusses the various trends and opportunities while providing market share analysis, forecasts, drivers, restraints, and revenues. Executive summaries and analyst interviews are available to the press.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

World Hardware Authentication Devices Markets
F302

Contact:

Janina Hillgrub
Corporate Communications – Europe
P: +49 (0) 69 77 0 33 11
F: +49 (0) 69 23 45 66
E: janina.hillgrub[.]frost.com

Sarah Lourdes
Corporate Communications – Asia Pacific
P: +603 6204 5878
F: +603 6201 7402
E: sarah.lourdes[.]frost.com

Keywords in this release: Hardware authentication devices, two factor authentication, world, one time password generating tokens, OTPs, universal serial bus keys, USB, USB authentication

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
IT Security Anti-Spam Computer Security - Purchase keywords tags antivirus software firewall spyware removal virus scan computer security IT Security Anti-Spam malware / Banner Ads!.

 
  Your Banner Ad showing on ALL
IT Security/Anti-Spam articles,
CATCH Visitors via Your Competitors Announcements!


Information Security Concerns Advance Sales in Hardware Authentication Devices Markets Worldwide

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Mireya Castilla 
210.247.3830 mireya.castilla[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

IT Security/Anti-Spam via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read IT Security/Anti-Spam Most Recent Related Newswires:

Frost & Sullivan Acclaims FireEye’s Dominance of the Global Advanced Malware Sandbox Market
High-Tech Bridge and Barracuda Join Efforts to Improve Web Application Security
Barracuda Simplifies Web Application Security for AWS Customers
Dell Unveils High-Performing, Quad Core Wyse 5060 Thin Client Designed for Knowledge Workers
Check Point vSEC Achieves AWS Security Competency
Gatwick Airport Relies on Splunk Cloud to Enhance Performance and Collaboration
For the Fourth Year, Flexera Software Named a Chicago Tribune 2016 Top 100 Workplace
Barracuda Announces Web Security Gateway Updates to Enhance Advanced Threat Protection, and Network Performance
Portnox Wins Top Honors from Frost & Sullivan for its Software-based Network Access Control Solution, the Portnox NAC
Infinera Powers Cloud Scale Networks with New DTN-X Platforms
ForeScout Named as One of the Fastest Growing Companies in North America on Deloitte’s 2016 Technology Fast 500
Comodo Launches New Full-lifecycle Digital Certificate Management Platform
Privatoria.net Launches An Effective Plugin to Simplify its Users’ Experience
Gigamon to Showcase its Innovative Visibility Fabric Solutions At RSA Conference 2016 Abu Dhabi
CenturyLink and Infinera Deliver 2.5 Tb/s of Super-channel DWDM Capacity at Super Computing 2016

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)