Global Phone-based Authentication Market Growth at CAGR of 49.4%, 2016-2020: Key Challenges, Trends & Drivers - Key Vendors are CA Technologies, Gemalto, Symantec & Vasco - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Phone-based Authentication Market 2016-2020" report to their offering.

The global phone-based authentication market to grow at a CAGR of 49.40% during the period 2016-2020.

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 report also includes a discussion of the key vendors operating in this 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.

According to the report, the online payment gateways are also prone to cyber-attacks. Hackers tend to target websites with high traffic and huge customer base. To make online transactions secure, enterprises have started using phone-based authentication methods. Hence, the rapid increase in the volume of online financial transactions acts as a driver for the global phone-based authentication market.

Further, the report states that phone-based authentication requires a strong and sustainable telecom infrastructure to work effectively. Several developing countries do not have the necessary telecom infrastructure that can support of phone-based authentication. 4G technology has just picked up momentum in many Asian countries and is yet to witness strong adoption. Consumers are also facing challenges like call drops, poor voice quality, and cross-connection, which is further hampering the growth of the 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

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market developments

Part 07: Authentication techniques

Part 08: Market size and forecast

Part 09: Product life cycle

Part 10: Market segmentation by end users

Part 11: Geographical segmentation

Part 12: Market drivers

Part 13: Impact of drivers

Part 14: Market challenges

Part 15: Impact of drivers and challenges

Part 16: Market trends

Part 17: Impact of trends

Part 18: Buying criteria

Part 19: Five forces analysis

Part 20: Vendor landscape

Part 21: Key vendor profiles

Part 22: Assumptions

Part 23: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/t47br4/global

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: IT Security

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: IT Security