Out of Band Authentication Market 2019 Technological Perspective, Latest Trends and key manufacturers: Gemalto, CA Technologies, Symantec, Ping Identity

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The Out of Band Authentication (OOBA) Market size is expected to grow from US$ 533 Million in 2018 to US$ 1,532 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 23.5% during the forecast period.

Top Companies profiled in the Out of Band Authentication Market include:
Gemalto (Netherlands)
CA Technologies (US)
Symantec (US)
Ping Identity (US)
RSA Security (US)
Entrust Datacard (US)
EZMCOM (US)
Duo Security (US)
StrikeForce Technologies (US)
NokNok Labs (US)
SolidPass (Turkey)
Protectimus (UK)
SAASPASS (US)
DynaPass (US)
i-Sprint Innovations (Singapore)

The Out of Band Authentication Market by service includes professional and managed services. Further, professional services have been classified into consulting, training and education, audit and reporting and support and maintenance services. These services help clients understand their OOBA solutions and related processes.

The SMEs segment is expected to grow at a higher CAGR, owing to the rising deployment of the cloud-based Out of Band Authentication solutions by SMEs to secure their web applications, mobile applications, mobile devices, infrastructure and Application Programming Interfaces (APIs) from unauthorized access, vulnerabilities, and attacks. SMEs are small in terms of their size, but cater to a large number of customers globally.

APAC includes major economies, such as India, China, Australia, Hong Kong, and Japan, which are rapidly deploying the Out of Band Authentication solution. APAC is expected to grow at the highest CAGR during the forecast period. The APAC OOBA market is gaining traction, as this region is showing the highest growth of Internet of Things (IoT), Bring Your Own Device (BYOD), web applications adoption for their business functions and this in turn increases the need to secure these solutions against cyber threats, identity-based threats and attacks.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
• By Designation: C-Level: 35%, Director Level: 25%, and Others: 40%
• By Region: North America: 45%, Europe: 20%,APAC: 30%, and RoW: 5%

Competitive Landscape of Out of Band Authentication Market:
Microquadrant Overview
Visionary Leaders
Innovators
Dynamic Differentiators
Emerging Companies
Competitive Benchmarking
Analysis of Product Portfolio of Major Players in the Out of Band Authentication Market
Business Strategies Adopted By Major Players in the Out of Band Authentication Market
Competitive Scenario
Partnerships, Agreements, and Collaborations
New Product Launches/Product Enhancements
Mergers and Acquisitions
Business Expansions

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Reason to Access this report:
The Report would help the market leaders/new entrants in this market with information about the closest approximations of the revenue numbers for the overall Out of Band Authentication market and its sub segments. It would help stakeholders understand the competitive landscape and gain more insights to better their positions and plan suitable go-to-market strategies.

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