Global Out-of-Band Authentication Market was valued at US$ 324.89 Mn in 2019 and is expected to reach US$ XX Mn by 2027 at a CAGR of 18.14% during the forecast period.



The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global Out-of-Band Authentication MarketGlobal Out-of-Band Authentication Market Dynamics:



The Out-of-Band (OOB) is a fundamental two different stages authentication channel, which makes the user call or sends a message from a registered mobile number for the authentication purpose. The two-stage security channel makes it difficult for hackers to enter private data in order to access it. The factors such as rapid growth in complex and advanced threats, growing demand for compliance requirements, and growth of online transactions are the key driving factors in this market.



OOB system opportunities across a wide range of industries and market segments include banking financial services & insurance sectors, card payment industries, government agencies, and healthcare solutions. Major driving factors out-of-band authentication market are rising volume of online transactions, continuous increasing advanced & complex threats, and increased compliance requirements and same time high cost of product association will hamper the market.

Global Out-of-Band Authentication Market Segment Analysis:



The global out-of-band authentication market is segmented into solution type, end-user, and geography. Based on solution type, the out-of-band authentication market is divided into hardware and phone-based. Phone-based OOB authentication is estimated to contribute the largest share of the market in the forecast period. In terms of end-users, the out-of-band authentication market is classified into BFSI, governments, healthcare, and payment card industries. Payment card industries are estimated to contribute the largest share of the market in the forecast period due to the rising trend of digitalization.

Global Out-of-Band Authentication Market Regional Insights:



In terms of geography, North America is estimated to be the largest share of the market in the forecast period followed by Europe, Asia Pacific, and Latin America.



The objective of the report is to present a comprehensive analysis of the Global Out-of-Band Authentication Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.



The report also helps in understanding Global Out-of-Band Authentication Market dynamics, structure by analyzing the market segments and projects the Global Out-of-Band Authentication Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Out-of-Band Authentication Market make the report investor’s guide.



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Scope of the Out-of-band Authentication Market (OOB) Report:



Global Out-of-band Authentication Market (OOB), By Solution Type



• Hardware

• Phone Based

Global Out-of-band Authentication Market (OOB), By End-user



• BFSI

• Governments

• Healthcare

• Payment Card Industries

Global Out-of-band Authentication Market (OOB), By Geographies



• North America

• Europe

• Asia Pacific

• Middle East & Africa

• Latin America

Key Players Operating in the Global Out-of-band Authentication Market (OOB):



• Censornet Ltd.

• CA Technologies

• Early Warning Services

• Deepnet Security

• Gemalto N.V.

• Strike Force Technologies

• Vasco Data Security International

• Telesign

• Symantec Corporation

• Cisco Systems

• CA Technologies

• CensorNet Ltd.

• Deepnet Security

• SecurEnvoy Ltd.

• Symantec Corporation

• NortonLifeLock Inc

• Ping Identity

• RSA Security

• Entrust Datacard

• EZMCOM

• Duo Security

• Nok Nok Labs

• SolidPass



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