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The Europe Out-of-band (OOB) Authentication Market would witness market growth of 21.2% CAGR during the forecast period (2017 - 2023). Out-of-band (OOB) Authentication is a technique used in verification, using two different networks working simultaneously. This is a system used to provide added protection against unauthorized access and confirmations and preventing fraud and hacking. The adoption of the system blocks various kinds of hacking and identifies theft while conducting online transactions.
Multifactor authentication systems majorly use user credentials such as passwords, security tokens, cellphones, PINs, smart cards for the purpose of authentication. The OOB authentication method comprises mobile phone-based OOB authentication tokens, including backup call and SMS and hardware OOB authentication tokens. Based on Solution Type, the market report segments the market into Phone-based and Hardware.
Based on Vertical, the market report segments the market into BFSI, Payment Card Industry, Government, Healthcare & Lifesciences, and Others. Based on Countries, the Out-of-band (OOB) Authentication market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the competition analysis of key stake holders of the Europe Out-of-band (OOB) Authentication Market. Key companies profiled in the report include CA Technologies, Inc., Symantec Corporation, CensorNet Ltd., Deepnet Security, Early Warning Services, LLC, Gemalto NV, Shearwater Group (SecurEnvoy Ltd.), StrikeForce Technologies, Inc., BICS (TeleSign), and VASCO Data Security International, Inc.