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Several significant trends
are driving the authentication market, disrupting traditional
industry dynamics, and influencing authentication technology
decisions.
Growth in number of Internet Users:
The Internet has developed
into a reliable and widespread communications medium,
enabling nearly a billion people to obtain and share
content and information and conduct business transactions
electronically at any time and with easier access. The
number of Internet users worldwide has grown from approximately
390 million in 2001 to 824 million in 2005 and is expected
to reach 1.3 billion users by 2009, according to International
Data Corporation. (Source: IDC Oct’05)
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Expanding
Mobile Workforce:
The number of remote and
mobile workers continues to grow as improving mobile
and remote-access technologies make it possible for
an increasing number of employees to be productive outside
the typical office environment. As mobility becomes
a strategic force worldwide, IDC expects the global
mobile worker population to increase from more than
650 million in 2004, to more than 850 million in 2009,
representing more than one-quarter of the worldwide
workforce. (Source: IDC Oct’05)
In-Stat estimates the
total number of remote workers supported by US enterprises
to be approximately 101 million in 2006. (Source:
In-Stat, Nov’06)
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Increasing Use of Web for Business Enablement
The marketing capability,
efficacy and the widespread adoption and consumer/business
acceptance of the Internet as a transaction and communications
medium is driving the business focus toward networked
business services and collaboration with open systems
to partners, suppliers, and customers (B2B, B2C, ASPs,
and Web 2.0).
As, nearly 16% of the
world's population is talking, learning, and buying
on the Internet, businesses generated over $295 billion
in revenue from e-commerce sales to consumers in 2004.
IDC further estimates that worldwide consumer online
spending will grow to $759 billion in 2007. IDC also
estimates worldwide B2B e-commerce at 3.4 Trillion.
(Source: IDC Oct ’05/Mar ’04, Forbes ‘05)
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Mobile
Devices Proliferation
The global wireless industry
has grown significantly as wireless services have become
increasingly available and affordable, driving the proliferation
of mobile devices. According to Forrester Research,
there are 1.5 billion mobile telecom users today, a
quarter of the world’s population. A further 3.5 billion
people live within the coverage area of a mobile cellular
network. Such proliferation along with the deployment
of high speed wireless networks are creating more demand
for wireless content, entertainment services, as well
as mobile banking, trading, and payments. (Source:
Forrester, Feb’05)
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Growth in The Number of Businesses
According to IDC 2005
forecasts, there are an estimated 8 thousand large enterprise
firms with 1000+ employees; 93 thousand mid-size business
firms with 100-999 employees; 8 million small business
firms with less then 100 employees, and 20 million small
office, home office firms with less then 10 employees,
in United States. (Source: IDC May’05)
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Need to Protect Intellectual Property
The intellectual property
of an organization is one of the key assets and competitive
differentiators that need to be protected and secured.
With enterprises extending their businesses by concentrating
on core competencies and partnering or outsourcing non
core functions, more sensitive information, secrets,
and ideas are leaving the four walls. According to the
FBI/CSI 2006 Survey, theft of intellectual property
is in the top four greatest sources of financial loss
and is the top three most critical computer security
issues in the next two years. (Source: FBI/CSI, July’06)
According to Ponemon Institute,
the four types of data considered to be most at risk
in an organization are: intellectual property, business
confidential information, customer and consumer data,
and employee data. The research ranked the most serious
kinds of data breach to involve the loss or theft of
intellectual property and business confidential information.
The types of intellectual property believed to be most
at risk include electronic spreadsheets, competitive
intelligence and source code. The types of business
confidential information believed to be most at risk
include non-public financial statements, documents,
accounting reports and budgets or forecasts. (Ponemon
Institute, Aug’06)
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