OTP Authentication Token Market Likely To Expand Growth Scope In The Coming Years 2019 – 2024: Dell, Gemalto, Symantec, VASCO, Authenex, Deepnet Security, Entrust, FEITIAN Technologies

A one-time password (OTP), also known as one-time pin or dynamic password, is a password that is valid for only one login session or transaction, on a computer system or other digital device. OTPs avoid a number of shortcomings that are associated with traditional (static) password-based authentication; a number of implementations also incorporate two-factor authentication by ensuring that the one-time password requires access to something a person has (such as a small keyring fob device with the OTP calculator built into it, or a smartcard or specific cellphone) as well as something a person knows (such as a PIN).

The most important advantage that is addressed by OTPs is that, in contrast to static passwords, they are not vulnerable to replay attacks. This means that a potential intruder who manages to record an OTP that was already used to log into a service or to conduct a transaction will not be able to abuse it, since it will no longer be valid. A second major advantage is that a user who uses the same (or similar) password for multiple systems, is not made vulnerable on all of them, if the password for one of these is gained by an attacker. A number of OTP systems also aim to ensure that a session cannot easily be intercepted or impersonated without knowledge of unpredictable data created during the previous session, thus reducing the attack surface further.

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OTPs have been discussed as a possible replacement for, as well as enhancer to, traditional passwords. On the downside, OTPs are difficult for human beings to manipulate. Therefore, they require additional technology to work.

How OTPs are generated and distributed:
OTP generation algorithms typically make use of pseudorandomness or randomness, making prediction of successor OTPs by an attacker difficult, and also hash functions, which can be used to derive a value but are hard to reverse and therefore difficult for an attacker to obtain the data that was used for the hash. This is necessary because otherwise it would be easy to predict future OTPs by observing previous ones. Concrete OTP algorithms vary greatly in their details. Various approaches for the generation of OTPs are listed below:

• Based on time-synchronization between the authentication server and the client providing the password (OTPs are valid only for a short period of time)
• Using a mathematical algorithm to generate a new password based on the previous password (OTPs are effectively a chain and must be used in a predefined order).
• Using a mathematical algorithm where the new password is based on a challenge (e.g., a random number chosen by the authentication server or transaction details) and/or a counter.

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The global market size of OTP Authentication Token is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.

The Global OTP Authentication Token Market report introduced the OTP Authentication Token basics: definitions, and classifications, applications, and market review; product specifications; producing procedures; cost structures, etc. Subsequently, it studied the world’s key region market place requirements, commodity selling price, benefit, capability, generation, distribution, market and demand increase speed and prediction. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The most recent statistics were demonstrated from the OTP Authentication Token market trends regarding the revenue numbers, product details, and sales of the major firms. Along with them, the more information has the break down of their sales for its worldwide OTP Authentication Token market in addition to claiming a forecast for the same in the estimated time frame. The vital business strategies acknowledged by important individuals from your OTP Authentication Token market trends have additionally been organized at this report. Key flaws and advantages, as well as promising the hazards experienced from the key contenders from the OTP Authentication Token market, are a fraction of this research study. OTP Authentication Token report additionally assesses the in conditions of volume and revenue.

Key Manufacturers Included in OTP Authentication Token Market: Dell, Gemalto, Symantec, VASCO, Authenex, Deepnet Security, Entrust, FEITIAN Technologies, Fortinet, HID, ID Control, Nexus, PortalGuard, SecureMetric Technology, Yubico.

The key insights of the report:
1.The report provides key statistics on the market status of the OTP Authentication Token manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.

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Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Current OTP Authentication Token in North America (2013-2018)
Chapter 10 Historical and Current OTP Authentication Token in South America (2013-2018)
Chapter 11 Historical and Current OTP Authentication Token in Asia & Pacific (2013-2018)
Chapter 12 Historical and Current OTP Authentication Token in Europe (2013-2018)
Chapter 13 Historical and Current OTP Authentication Token in MEA (2013-2018)
Chapter 14 Summary for Global OTP Authentication Token (2013-2018)
Chapter 15 Global OTP Authentication Token Forecast (2019-2023)
Chapter 16 Analysis of Global Key Vendors

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