Market Research Report Store Multifactor Authentication Market Expected to reac | Page 4

5 MARKET OVERVIEW 35 5.1 INTRODUCTION 36 5.2 MARKET DYNAMICS 36 5.2.1 DRIVER 37 5.2.1.1 Increase in data breaches and cyber attacks 37 5.2.1.2 Stringent regulations and the growing pressure of data security compliances 37 5.2.1.3 Growing adoption of BYOD among enterprises 38 5.2.2 RESTRAINTS 38 5.2.2.1 Cost and technical complexity in implementing the multifactor authentication 38 5.2.2.2 Increasing response time in higher order authentication models 38 5.2.3 OPPORTUNITIES 38 5.2.3.1 Demand for MFA for data security in the cloud environment 38 5.2.3.2 Rising adoption of the interconnected devices in the IoT environment 39 5.2.3.3 Emerging markets 39 5.2.4 CHALLENGES 39 Contact: Ann Sales Manager Market Research Report Store Tel: [phone] - U.S Email: [email protected] Email: [email protected] Web: http://www.marketresearchreportstore.com/ About Us Since the establishment, Market Research Report Store has determined to take the online market research reports platform to the next level. With our passion and profession, we are designed to be the best among the bests.