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

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Opportunity Analysis and Industry Forecast,
2016-2023
World-wide Out-Of-Band (OOB) Authentication
Market 2023 Growing Up To Fastly 1.143
Billions.  
Global Opportunity Analysis and Industry
Forecast, 2016-2023
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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. Rachita Rake Research Analyst, ICT at
AMR
Global Opportunity Analysis and Industry
Forecast, 2016-2023
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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.alliedmarket
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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.
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By Geography North America U.S. Canada Mexico Eu
rope 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
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World-wide Out-Of-Band (Oob) Authentication
Market
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