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.
Pune, India -- (SBWIRE) -- 10/18/2016 -- The Global Phone-based Authentication Market report covers the present scenario and the growth prospects of the Phone-based Authentication for 2016-2020. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors. 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. This industry to grow at a CAGR of 49.40% during the period 2016-2020.
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The report provides a basic overview of the Phone-based Authentication including definitions, classifications, applications and market Sales chain structure. The Phone-based Authentication report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
Phone-based Authentication Market Opportunities:
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report.
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Top players in Phone-based Authentication Industry
- CA Technologies
Other prominent vendors
- Entrust Datacard
- Deepnet Security
- Early Warning
- HID Global
The Phone-based Authentication is divided into the following segments based on geography:
In the end, the report makes some important proposals for a new project of Phone-based Authentication Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 global Phone-based Authentication industry covering all important parameters.
Factors driving Phone-based Authentication market
- Rise in use of phone-based authentication by enterprises
Challenges faced by key vendors that restrain Phone-based Authentication Industry
- Change in policy with regards to OOB using SMS
Rising trends in market
- High adoption of phone-based authentication solutions in healthcare and retail sectors
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Key questions answered in this Phone-based Authentication 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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