Out-of-band Authentication Market Growth Holds Strong | Atcom Inc., Fluke Networks,10Gtek Transceivers Co., GENERIC

The ' Out-of-band Authentication market' research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Out-of-band Authentication market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Out-of-band Authentication market size forecast, market data&Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence.

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Global Out-of-band (OOB) Authentication Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Out-of-band (OOB) Authentication can be defined as a type of two-factor authentication that uses a secondary verification method through a separate communication channel along with the typical ID and password. OOB Authentication is widely utilized by financial institutions and organizations where high security standards are required. The rising growth of online transactions in Post covid era and increasing penetration of smartphones as well as recent collaboration from leading market players are factors that are accelerating the global market demand. For instance, according to Statista - during FY 2020, the volume of digital payments in India was estimated at 34 billion transactions and this number is further increased to 71.95 billion transections. In addition, in 2022, globally total transaction value in the Digital Payments segment is estimated at USD 8.49 trillion and the transaction value is projected to show a CAGR of 12.82% between 2022 & 2026 to reach to USD 13.75 trillion by 2026. Furthermore, leading market players are working towards strategic collaborations and partnerships to leverage the growing demand for OOB Authentication solutions. For instance, in January 2022, Australia based EML Payments Ltd (EML) partnered with Zurich based Netcetera, to implement their state-of-the-art Access Control Server (ACS) which includes a Risk Based Authentication (RBA) solution. Netcetera ACS is based on a modular system, and offers an integrated Out of Band (OOB) authentication method. Also, growing number of compliance requirements by Central Banks and rising incidences of online financial frauds are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, security concerns associated to the Out-of-band (OOB) Authentication & high association cost of OOB Authentication impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Out-of-band (OOB) Authentication Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of financial frauds and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of online payment gateways and increasing penetration of leading market players, would create lucrative growth prospects for the global Out-of-band (OOB) Authentication Market across the Asia Pacific region.

Major market players included in this report are:
• CensorNet
• Deepnet Security
• CA Technologies (Broadcom Inc.)
• Early Warning Services, LLC
• Gemalto N.V. (Thales DIS)
• SecurEnvoy Ltd.
• StrikeForce Technologies, Inc.
• NortonLifeLock, Inc. (Symantec Corporation)
• TeleSign Corporation
• OneSpan (VASCO Data Security International, Inc.)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component
• Solution
• Services

By Deployment Type
• On Premise
• Cloud

By Enterprise Size
• Large Enterprises
• Small and Medium Sized Enterprises

By End Use Industry
• BFSI
• IT and Telecom
• Government and Defense
• Retail, Healthcare
• Media and Entertainment
• Others

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

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Changing Forecasts in a Time of Crisis: explores key issues, including:
• Future changes in consumer behavior
• High-frequency economic data
• Mapping Out a Potential Recovery
• Business Strategies During COVID-19
• Near & Long Term Risk Outlook, Risk Assessment and Opportunities
Key questions answered: The Study Explore COVID 19 Outbreak Impact Analysis
• Market size and growth rate during forecast period.
• Key factors driving the Market.
• Key market trends cracking up the growth of the Market.
• Challenges to market growth.
• Key vendors of Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is market chain analysis by upstream raw materials and downstream industry?
• What is industry considering capacity, production and production value? What will be the estimation of cost and profit? What will be market share, supply and consumption? What about import and export?
• What is current market status? What's market competition in this industry, both company, and country wise? What's market analysis by taking applications and types in consideration?
• What were capacity, production value, cost and profit?
• Who are the global key players in this industry? What are their company profile, their product information, and contact information?
• Which manufacturing technology is used, what are their company profile, their product information, and contact information?

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Key Points Covered in Out-of-band Authentication Market Report:

Chapter 1, to describe Definition, Specifications and Classification of Global Out-of-band Authentication, Applications of , Market Segment by Regions;
Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, to display the Technical Data and Manufacturing Plants Analysis of , Capacity and Commercial Production Date, Manufacturing Plants Distribution, Export & Import, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, to show the Regional Market Analysis that includes United States, EU, Japan, China, India & Southeast Asia, Segment Market Analysis (by Type);
Chapter 7 and 8, to explore the Market Analysis by Application Major Manufacturers Analysis;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type, Market Trend by Application;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, to analyze the Consumers Analysis of Global Out-of-band Authentication by region, type and application;
Chapter 12, to describe Out-of-band Authentication Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, to describe Out-of-band Authentication sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

Continued….
……..and view more in complete table of Contents

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