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OOB as a Service Will Gain More Popularity in the Global OOB Authentication Market by 2018: TechNavioLONDON --(Business Wire)-- TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global OOB Authentication Market 2014-2018. Out-of-band (OOB) authentication is a verification technique, which uses two different networks working simultaneously. The Global OOB Authentication Market is expected to grow at a CAGR of 23.16 percent during the forecast period. About the Report The latest report by TechNavio indicates that market vendors such as Authentify Inc., CA Technologies and Gemalto (News - Alert) are striving to offer a variety of products, including cellphone-based authentication solutions. "Vendors in the Global OOB Authentication market have started offering cellphone-based authentication solutions, which are being snapped up by end users thanks to benefits such as offering a single token for multiple purposes," says Faisal Ghaus, Vice President of TechNavio. The report also highlights the increased popularity of OOB as a service. Some organizations are showing interest in adopting SaaS (News - Alert)-based two-factor authentication solutions because of lower maintenance costs than traditional hardware- and software-based authentication mdels. "Vendors have started offering OOB solutions as a service with benefits like the provision of pay-per-use models, improved reliability and scalability, easy installation and upgrade and zero maintenance cost," says Ghaus. Key Information Covered in the Report:
TechNavio currently has more than 3000 market research reports on a huge range of topics, including 150+ reports on the authentication market:
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