Out-of-band (OOB) Authentication refers to an authentication process that utilizes communications channel and one of the potential types of two-factor authentication among enterprises that call for high security. Out-of-band (OOB) Authentication is commonly used by online banking websites, financial institutions, and other organizations. For instance, in online banking, to complete the login process, an authentication code is sent via SMS to the account holder’s mobile device. The Out-of-band (OOB) Authentication system is used to provide extra protection against unauthorized access and confirmations, and prevents hacking and fraud. This system effectively blocks many kinds of hacking and identifies theft in an online banking websites. 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. Get Sample Copy from Here @ https://www.coherentmarketinsights.com/insight/request-sample/2774 Key players operating in the global Out-of-Band authentication market include Broadcom, Entrust Datacard Corporation, Deepnet Security, Early Warning Services, LLC, Gemalto NV, SecurEnvoy Ltd, StrikeForce Technologies, Inc., TeleSign, Symantec Corporation, OneSpan Inc., DynaPass Inc., and Duo among others. Global Out-of-Band Authentication Market: Regional Insights North America and Europe are estimated to account for significant market shares during the forecast period, owing to increase in the number of internet-of-things (IoT) services, rapid adoption of cloud computing in enterprises, and the trend of bring your own devices (BYOD). Furthermore, the presence of many out-of-band (OOB) authentication vendors, as well as, widespread awareness about these solutions would continue to account for the North America region’s highest market share during the forecast period. Furthermore, Asia Pacific Out-of-Band authentication market is gaining traction as the number of smart devices and BYOD trend is increasing in developed and emerging economies such as, India, China, and Japan. SMEs as well as large-scale organizations in the Asia Pacific region have become more aware of the increasing identity theft and frauds and have started adopting OOBA solutions and services to combat them. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/2774 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US +12067016702 / UK +4402081334027 Email: [email protected] Visit Our Blogs: https://blog.coherentmarketinsights.com