PART 01: Executive summary • Key findings PART 02: Scope of the report • Market overview • Top-vendor offerings PART 03: Market research methodology • Research methodology • Economic indicators PART 04: Introduction • Key market highlights PART 05: Market landscape • Market overview • Two-factor authentication • Comparison of two-factor authentication and multi-factor authentication • Regulations related to multi-factor authentication • Advantages and disadvantages of hardware OTP token • PART 06: Authentication techniques • Comparison of authentication techniques PART 07: Market size and forecast • Global hardware OTP token authentication market PART 08: Market segmentation by end-users • Hardware OTP token authentication market in BFSI sector • Hardware OTP token authentication market in PCI • Hardware OTP token authentication market in government sector • Hardware OTP token authentication market in healthcare sector PART 09: Geographical segmentation • Hardware OTP token authentication market in Americas • Hardware OTP token authentication market in EMEA • Hardware OTP token authentication market in APAC PART 10: Market attractiveness • Market attractiveness by end-user segmentation PART 11: Market drivers • Increase in volume of online transactions • Higher level of security provided by hardware OTP tokens • Preference for convenience and instant use • Adherence to compliance mandates PART 12: Impact of drivers PART 13: Market challenges • High upgrading and replacement costs • Rise in adoption of software authentication methods • Hardware devices are inconvenient to carry and vulnerable PART 14: Impact of drivers and challenges PART 15: Market trends • Emergence of next-generation hardware OTP tokens • Growing use of unified platforms for authentication purposes • Increasing adoption of authentication solutions by SMEs PART 16: Impact of trends PART 17: Buying criteria PART 18: Five forces analysis PART 19: Vendor landscape • Competitive landscape • Other prominent vendors PART 20: Key vendor profiles • Gemalto • Dell • VASCO • Symantec • Assumptions PART 21: Appendix • List of abbreviations PART 22: Explore Technavio List of Exhibits Exhibit 01: Overview of numbers 2015 and 2015 (% market share) Exhibit 02: Major countries considered Exhibit 03: Product offerings Exhibit 04: Two-factor authentication method Exhibit 05: Multi-factor authentication versus two-factor authentication Exhibit 06: Comparison of authentication techniques 2015 Exhibit 07: Global hardware OTP token authentication market 2015-2020 ($ millions) Exhibit 08: Hardware OTP token authentication market in BFSI sector 2015-2020 ($ millions) Exhibit 09: Hardware OTP token authentication market in PCI 2015-2020 ($ millions) Exhibit 10: Hardware OTP token authentication market in government sector 2015-2020 ($ millions) Exhibit 11: Hardware OTP token authentication market in healthcare sector 2015-2020 ($ millions) Exhibit 13: Hardware OTP token authentication market in Americas 2015-2020 ($ millions) Exhibit 14: Hardware OTP token authentication market in EMEA 2015-2020 ($ millions) Exhibit 15: Hardware OTP token authentication market in APAC 2015-2020 ($ millions) Exhibit 16: Market attractiveness by end-users 2016 Exhibit 17: Market attractiveness by end-users 2020 Exhibit 18: Global 3G and 4G connections (millions) Exhibit 19: Impact of drivers Exhibit 20: Impact of drivers and challenges Exhibit 21: Impact of trends Exhibit 22: Buying criteria for hardware OTP token authentication solutions Exhibit 23: Five forces analysis Exhibit 24: Competitive rating of hardware OTP authentication vendors Exhibit 25: Vendor matrix: Hardware OTP tokens Exhibit 26: Vendor matrix: Geographical presence Exhibit 27: Vendor matrix: Features Exhibit 28: Vendor matrix: End-users Exhibit 29: Pricing of Dell authentication solutions Exhibit 30: Symantec: Business segmentation by revenue 2015 Exhibit 31: Symantec: Geographical segmentation by revenue 2015

Gemalto, Dell, VASCO, Symantec, Authenex, Deepnet Security, Entrust, FEITIAN Technologies, Fortinet, HID, ID Control, Nexus, PortalGuard, SecuTech, SecureMetric Technology, and Yubico.