In July 2016, the National Institute of Standards and Technology, a federal agency that sets up official guidelines for technology standards and measurement regulations, released a new draft of its digital authentication guideline section 5.1.3.2. The draft states that out of band (OOB) authentication using SMS twofactor authentication will not be allowed in the future because of the security risks

involved. SMS received by the user may be intercepted or redirected. In addition,some phones display SMS messages on-screen even when it is locked, making it possible for an attacker with physical access to the device to read the message.In 2016, Gemalto announced that it will deliver its Ezio Mobile Suite to Dai Nippon Printing, a provider of financial solutions in Tokyo, Japan. This will help Dai Nippon

Printing to secure internet banking and mobile payments. In addition, the company can offer a strong and scalable cloud-based authentication platform with the support of a wide variety of authentication and transaction signing methods. The authentication methods are: Biometric, one-time password (OTP), and OOB.

PART 01: Executive summary 5

Key findings 5

PART 02: Scope of the report 7

Market overview 7

Top-vendor offerings 8

PART 03: Market research methodology 9

Research methodology 9

Economic indicators 9

PART 04: Introduction 10

Key market highlights 10

PART 05: Market landscape 11

Market overview 11

Features of OOB 12

Two-factor authentication 13

Comparison of two-factor authentication with multi-factor

authentication 13

Regulations related to multi-factor authentication 14

PART 06: Authentication techniques 15

Comparison of authentication techniques 15

PART 07: Market size and forecast 16

PART 08: Market segmentation by end-user 18

Global OOB authentication software market in PCI

sector 18

Global OOB authentication software market in BFSI

sector 18

Global OOB authentication software market in

government sector 20

PART 09: Geographical segmentation 22

Global OOB authentication software market by

geography 22

OOB authentication software market in Americas 24

OOB authentication software market in APAC 25

OOB authentication software market in EMEA 26

PART 10: Market drivers 28

Increase in number of online transactions 28

Preference for convenience and instant use of hardware

and phone-based OTP 29

Adherence to compliance mandates 29

PART 11: Impact of drivers 31

PART 12: Market challenges 32

Risks of OOB authentication with SMS 32

Hardware devices are inconvenient to carry and

vulnerable 32

Infrastructure issues in developing nations 33

PART 13: Impact of drivers and challenges 34

PART 14: Market trends 35

Emergence of next-generation hardware OTP tokens 35

Growing adoption of unified platforms for authentication

purposes 35

Increasing adoption of authentication solutions by

SMEs 35

Increase in demand for security tokens in financial

sector 36

PART 15: Impact of trends 37

PART 16: Buying criteria 38

Buying criteria 38

PART 17: Five forces analysis 40

Five forces analysis 40

PART 18: Vendor landscape 41

Competitive landscape 41

Vendor matrix 43

Other prominent vendors 45

PART 19: Key vendor profiles 47

CA Technologies 47

Gemalto 50

StrikeForce Technologies 51

Swivel Secure 51

PART 20: Assumptions 53

PART 21: Appendix 55

List of abbreviations 55

PART 22: Explore Technavio 56