Out Of Band Authentication Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global out of band authentication market was valued at USD 443.81 million in 2020, and it is expected to reach a value of USD 846.80 million by 2028, registering a CAGR of 11% over the forecast period 2022 – 2028.

Out-of-band (OOB) authentication is a verification technique that uses two different networks operating at the same time. This type of sophisticated authentication system is used to provide additional protection against unauthorized access and verification and prevent fraud and hacking. Effectively blocks various kinds of hacking and identifies theft in online banking. Multi-factor authentication systems primarily use credentials such as passwords, security tokens, mobile phones, PINs, and smart cards for authentication. The OOB authentication method consists of a mobile phone-based OOB authentication token including backup currency, SMS and hardware OOB authentication tokens.

Company Profile

• CA Technologies
• CensorNet Ltd.
• Deepnet Security
• Early Warning Services LLC
• Gemalto NV
• SecurEnvoy Ltd.
• StrikeForce Technologies Inc.
• Symantec Corporation

Market Segmentation

Solutions

• Hardware Solutions
• Software Solutions

Services

• Professional Services
• Training and Education
• Consulting
• Audit and Reporting
• Support and Maintenance
• Managed Services

Scope of the Report

The research study analyzes the global Out Of Band Authentication  industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Out Of Band Authentication  Market Report

1. What was the Out Of Band Authentication  Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Out Of Band Authentication  Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Out Of Band Authentication  Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.