Albany, NY -- (SBWIRE) -- 10/19/2016 -- Description

About Global Phone-Based Authentication Market

The global phone-based authentication market is expected to grow during the forecast period because of the increasing global penetration of mobile phones and smart devices. Companies are replacing traditional token-based authentication with phone-based authentication techniques, which is driving the growth of the market.

Technavios analysts forecast the Global Phone-Based Authentication Market to grow at a CAGR of 49.40% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global phone-based authentication market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of phone-based authentication software, OTP authentication through SMS, e-mail, and call.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

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Technavio's report, Global Phone-Based Authentication Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
CA Technologies
Gemalto
Symantec
Vasco

Other prominent vendors
Entrust Datacard
Deepnet Security
EZMCOM
Early Warning
HID Global
IdentityGuard
Mi-Token
SecurEnvoy
Swivel Secure
TeleSign

Market driver
Rise in use of phone-based authentication by enterprises
For a full, detailed list, view our report

Market challenge
Change in policy with regards to OOB using SMS
For a full, detailed list, view our report

Market trend
High adoption of phone-based authentication solutions in healthcare and retail sectors
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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