The gobal OOB authentication software market for 2016-2020 is forecast to grow at a CAGR of 23.57% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: One trend spurring growth is the emergence of next-generation hardware OTP tokens. OOB technology is used to generate OTP in hardware OTP tokens.
We expect next-generation hardware OTP tokens to be popular during the forecast period. For instance, Protectimus, based in London, UK, released a new generation of hardware OTP tokens in March 2016. The new hardware OTP tokens are named Protectimus SLIM and Protectimus SLIM mini.
According to the report, one driver that will lead to the growth of this market is the preference for convenience and instant use of hardware and phone-based OTP. Financial organizations seek to provide users with convenient methods of banking.
The authentication method such as hardware OTP token and phone-based authentication is gaining popularity among end-users. Two-factor authentication methods make it important for users to possess the hardware device, enhancing the security by requiring two independent pieces of information for authentication.
- 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 strengths and weaknesses of the key vendors?
- CA Technologies
- Strikeforce Technologies
- Swivel Secure
- Deepnet Security
- Early Warning
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Authentication techniques
PART 07: Market size and forecast
PART 08: Market segmentation by end-user
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Impact of trends
PART 16: Buying criteria
PART 17: Five forces analysis
PART 18: Vendor landscape
PART 19: Key vendor profiles
PART 20: Assumptions
PART 21: Appendix
PART 22: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/nf4hb7/global_out_of
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Research and Markets
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SOURCE Research and Markets