Out-of-band (OOB) Authentication Market Outlook to 2023 | Top Key Players are CA Technologies, CensorNet Ltd., Deepnet Security, Early Warning Services, LLC, Gemalto NV, SecurEnvoy

Out-of-band (OOB) authentication is a verification technique, which uses two different networks that work simultaneously. This type of sophisticated authentication system is used to provide extra protection against unauthorized access and confirmations, and prevents many frauds and hacking. It effectively blocks many kinds of hacking and identifies thefts in online banking. Multifactor authentication systems primarily use credentials such as passwords, security tokens, cellphones, PINs, and smart cards for authentication. The OOB authentication method comprises mobile phone-based OOB authentication tokens, including backup call and SMS, and hardware OOB authentication tokens.

Top Companies Covered in this Report:
CA Technologies, CensorNet Ltd., Deepnet Security, Early Warning Services, LLC, Gemalto NV, SecurEnvoy ltd, StrikeForce Technologies, Inc., Symantec Corporation, TeleSign, and VASCO Data Security International, Inc.

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The growth of the global out-of-band authentication is driven by rise in volume of online transactions, continuous increase in advanced & complex threats, and rise in compliance requirements. However, risks associated with OOB authentication with SMS and high product association costs are some of the major restraints of this market. On the contrary, upsurge in adoption of OOB authentication by small- & medium-sized businesses is expected to provide potential opportunities for market expansion.

KEY BENEFITS

The study provides an in-depth analysis of the OUT-OF-BAND (OOB) AUTHENTICATION market with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
The report provides information regarding key drivers, restraints and opportunities with impact analysis
Quantitative analysis of the current market and estimations through 2013-2020 are provided to showcase the financial attractiveness of the market
Porters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis By Type
1.5 Market By Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Out-of-band (OOB) Authentication Market Size
2.2 Out-of-band (OOB) Authentication Growth Trends By Regions
2.3 Industry Trends

3 Market Share By Key Players
3.1 Out-of-band (OOB) Authentication Market Size By Manufacturers
3.2 Out-of-band (OOB) Authentication Key Players Head Office And Area Served
3.3 Key Players Out-of-band (OOB) Authentication Product/Solution/Service
3.4 Date Of Enter Into Out-of-band (OOB) Authentication Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data By Product
4.1 Global Out-of-band (OOB) Authentication Sales By Product
4.2 Global Out-of-band (OOB) Authentication Revenue By Product
4.3 Out-of-band (OOB) Authentication Price By Product

5 Breakdown Data By End User
5.1 Overview
5.2 Global Out-of-band (OOB) Authentication Breakdown Data By End User

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This release was published on openPR.