Key market trends of Out of Band Authentication Software Market


Posted October 5, 2016 by nandinibmr

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OOB is a powerful tool used to prevent fraud as the OOB authentication software works with a secured communication channel. For high-risk transactions, enterprises use this technology to verify and authenticate the identity of a user. The technology is used for authentication for both financial and non-financial transactions.

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BMR’s analysts forecast the global OOB authentication software market for 2016-2020 to grow at a CAGR of 23.57% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global OOB authentication software market 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of OOB authentication software.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

BMR's report, global OOB authentication software market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• CA Technologies
• Gemalto
• Strikeforce Technologies
• Swivel Secure

Other prominent vendors
• ASL
• CensorNet
• Deepnet Security
• EZMCOM
• Early Warning
• SecurEnvoy
• TeleSign

Market driver
• Increase in number of online transactions
• For a full, detailed list, view our report

Market challenge
• Risks from OOB authentication with SMS
• For a full, detailed list, view our report

Market trend
• Emergence of next-generation hardware OTP tokens
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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Through this report, the core driving factors of the Global Out of Band Authentication Software Market were identified and the business partners and end-users were also elaborated. The business sector structure, business patterns and challenges affecting the market globally were also included in the extensive analysis for this research report.

Various interviews and talks were held with the prominent leaders in the industry in order to obtain reliable and updated information pertaining to the market.

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Tags out of band authentication software market
Last Updated October 5, 2016