A report from Smart Insights has laid out a comprehensive analysis of the Bring Your Own Device (BYOD) market, including available authentication solutions, future adoption rates and the potential impact on smart authentication.
The report, entitled “Smart Authentication to Tackle BYOD Issues,” posits that the BYOD experience and the resulting employee mindset may trigger changes in the larger corporate IT ecosystem. As BYOD programs require corporate data to travel outside a secure local network, corporate IT departments are scrambling to find and adopt authentication solutions that can be used on employee-owned mobile devices to secure sensitive corporate data.
The answer, as Smart Insights sees it, could well be smart mobile authentication devices – a solution that would ensure that only the right person with right information and access privileges could access corporate data. To this point, smart solutions used for logical access included smart cards, One-Time-Password (OTP) generators and USB tokens, but the folks at Smart Insights insist that software solutions can cannibalize smart authentication solutions.
Despite software shortcomings, the report maintains that BYOD software authentication implementations will reach 223 million units by 2018 – at a compound annual growth rate of 27% – but will not dethrone the more secure and robust smart hardware authenticators.
The report estimates that BYOD hardware authentication implementations will reach 343 million units by 2018 – a CAGR of 46%. Smart Insights’ analysis was conducted using primary and secondary research, along with the technical and business expertise of secure authentication solution manufacturers, secure corporate IT network integrators and biometrics experts that were each interviewed anonymously for the sole purpose of the report.
The report also includes a comprehensive analysis of individual BYOD authentication tools and the likelihood of logical access solution adoption, depending on the company’s industry and workforce size. The report suggests a clear transition in the corporate IT mindset, shifting from local corporate network security towards security measures for employee-owned mobile devices.
Other key findings in the “Smart Authentication to Tackle BYOD Issues” report include:
- Analyzes the market evolution, obstacles and solutions for business development
- Provides readers with a thorough understanding of the complexity of the BYOD authentication ecosystem and how it might be reshaped
- Provides forecasts on BYOD authentication solution shipments, including smart cards, USB tokens, One-Time-Password (OTP) generators, secure microSD and software authentication solution shipments in volume