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

Press Release   •   Oct 19, 2016 09:24 EDT

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?