Out-of-band authentication Market Expected to Reach $1,143 Million by 2023

World-wide Out-Of-Band (OOB) Authentication Market 2023 Growing Up To Fastly $1.143 Billions.

Opportunity Analysis and Industry Forecast, 2016-2023

Global Opportunity Analysis and Industry Forecast, 2016-2023

“Phone-based OOB authentication is expected to grow at a highest growth rate, due to its ability to reduce costs associated with other authentication systems such as hardware tokens.�

Opportunity Analysis and Industry Forecast, 2016-2023

Rachita Rake Research Analyst, ICT at AMR

Global Opportunity Analysis and Industry Forecast, 2016-2023

World-wide Out-Of-Band (Oob) Authentication Market Out-of-band Authentication Market by Solution Type, End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global out-of-band authentication market was valued at $274 million in 2016, and is projected to reach at $1,143 million by 2023, growing at a CAGR of 22.80% from 2017 to 2023. In 2016, the phone-based OOB authentication segment accounted for the highest revenue share in the global market.

Rise in volume of online transaction, continuous increase in advanced & complex threats, and rise in compliance requirements drive the growth of the global out-of-band authentication market growth. However, risk included in OOB authentication with SMS and high product association costs hamper the market growth.

The phone-based OOB authentication segment dominated the global market in 2016, and is expected to remain dominant during the forecast period, owing to surge in adoption of phone-based OOB authenticators among end users

Request to sample- https://www.alliedmarketresearch.com/request-sample/4536

World-wide Out-Of-Band (Oob) Authentication Market

Key Findings of the Out-of-band Authentication Market: *The phone-based OOB authentication segment is expected to exhibit significant increase in the global out-of-band authentication market during the forecast period. *In 2016, the BFSI segment accounted for the highest revenue among the other end user.

*North America generated the highest revenue in 2016.

*Asia-Pacific is projected to exhibit substantial growth during the forecast period.

World-wide Out-Of-Band (Oob) Authentication Market

By Geography North America U.S. Canada Mexico Europe UK France Germany Rest of Europe Asia-Pacific China Japan India South Korea Rest of Asia-Pacific LAMEA Latin America Middle East Arica

World-wide Out-Of-Band (Oob) Authentication Market

Thank You!

For More Details Visit us at https://www.alliedmarketresearch.com/checkout/386082

Follow Us On