Press release
The Global Out of Band Authentication Software Market will Grow Impressively at a CAGR of Almost 23.57% by 2020
ALBANY, NY, April 5, 2017 : OOB is a powerful tool used to prevent fraud as the OOB authentication software works with a secured communication channel. For high-risk transactions, enterprises use this technology to verify and authenticate the identity of a user. The technology is used for authentication for both financial and non-financial transactions.Technavios analysts forecast the global OOB authentication software market for 2016-2020 to grow at a CAGR of 23.57% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global OOB authentication software market 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of OOB authentication software.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, global OOB authentication software 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
Strikeforce Technologies
Swivel Secure
Other prominent vendors
ASL
CensorNet
Deepnet Security
EZMCOM
Early Warning
SecurEnvoy
TeleSign
Market driver
Increase in number of online transactions
For a full, detailed list, view our report
Market challenge
Risks from OOB authentication with SMS
For a full, detailed list, view our report
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Market trend
Emergence of next-generation hardware OTP tokens
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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