Asia Pacific Out-of-band (OOB) Authentication Market Size, Share & Industry Analysis Report By Components (Software and Services), By Deployment (Cloud and On-Premise), By Authentication Channel (SMS, Token-Based, Email and Other Authentication Channel),
Description
The Asia Pacific Out-of-band (OOB) Authentication Market would witness market growth of 16.4% CAGR during the forecast period (2025-2032).
The China market dominated the Asia Pacific Out-of-band (OOB) Authentication Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $280.6 Million by 2032. Japan market is showcasing a CAGR of 15.6% during (2025 - 2032). Additionally, The India market would showcase a CAGR of 17.2% during (2025 - 2032). The China and Japan led the Asia Pacific Out-of-band (OOB) Authentication Market by Country with a market share of 27.5% and 17.7% in 2024. The Singapore market is expected to witness a CAGR of 18.2% during throughout the forecast period.
The Asia Pacific Out-of-Band (OOB) Authentication market has grown along with the region's rapid digitalization, wider access to the internet, and higher cyber risks. OOB authentication was first used in Japan, Australia, Singapore, and South Korea to protect against fraud and phishing. Government-led efforts to improve cybersecurity and digital identity in countries like India and Singapore sped up the process even more. SMS, app-based authenticators, and push notifications could be used and scaled because so many people had mobile phones. Over time, OOB authentication evolved from simple one-time passwords (OTPs) to more complex models that work on mobile devices and in the cloud. It is now a key part of digital trust frameworks in government, healthcare, business IT, and financial services.
Current trends show that there is a lot of demand from the government for secure digital identity frameworks and multi-factor authentication. Mobile-first and cloud-based OOB authentication models are growing quickly. They help people work from home and use the cloud in both developing and developed markets. Companies are slowly moving away from SMS-based methods and toward app-based and push-notification solutions that are more secure and less likely to be used for phishing. Market leaders care about things like scalability, following the rules, and working with mobile ecosystems. Risk-based and adaptive authentication features are becoming more important to find a balance between security and ease of use. There are global vendors, regional providers, and telecom-backed solutions in the competitive landscape. Flexibility and compliance with local laws are two important things that set them apart.
Components Outlook
Based on Components, the market is segmented into Software and Services. The Software market segment dominated the China Out-of-band (OOB) Authentication Market by Components is expected to grow at a CAGR of 13.9 % during the forecast period thereby continuing its dominance until 2032. Also, The Services market is anticipated to grow as a CAGR of 14.8 % during the forecast period during (2025 - 2032).
Deployment Outlook
Based on Deployment, the market is segmented into Cloud and On-Premise. With a compound annual growth rate (CAGR) of 18.3% over the projection period, the Cloud Market, dominate the Singapore Out-of-band (OOB) Authentication Market by Deployment in 2024 and would be a prominent market until 2032. The On-Premise market is expected to witness a CAGR of 18% during (2025 - 2032).
Country Outlook
China's Out-of-Band (OOB) authentication market is growing quickly because the country has a big digital economy and a lot of online financial, e-commerce, and government transactions. A lot of people use OOB methods like SMS, mobile app approvals, and hardware-backed authentication to keep their digital identities and payments safe. The government's strong focus on cybersecurity and fraud prevention makes people more likely to use multi-factor authentication. High smartphone uses and super-app ecosystems make it easy to verify things on mobile devices. The market is moving away from SMS and toward biometric, app-based, and AI-enabled authentication models. Increasingly, integration with real-time fraud detection and cloud security is happening. Domestic tech companies and telecom companies are the main competitors, with scalability and compliance with regulations being the main differences.
List of Key Companies Profiled
By Components
The China market dominated the Asia Pacific Out-of-band (OOB) Authentication Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $280.6 Million by 2032. Japan market is showcasing a CAGR of 15.6% during (2025 - 2032). Additionally, The India market would showcase a CAGR of 17.2% during (2025 - 2032). The China and Japan led the Asia Pacific Out-of-band (OOB) Authentication Market by Country with a market share of 27.5% and 17.7% in 2024. The Singapore market is expected to witness a CAGR of 18.2% during throughout the forecast period.
The Asia Pacific Out-of-Band (OOB) Authentication market has grown along with the region's rapid digitalization, wider access to the internet, and higher cyber risks. OOB authentication was first used in Japan, Australia, Singapore, and South Korea to protect against fraud and phishing. Government-led efforts to improve cybersecurity and digital identity in countries like India and Singapore sped up the process even more. SMS, app-based authenticators, and push notifications could be used and scaled because so many people had mobile phones. Over time, OOB authentication evolved from simple one-time passwords (OTPs) to more complex models that work on mobile devices and in the cloud. It is now a key part of digital trust frameworks in government, healthcare, business IT, and financial services.
Current trends show that there is a lot of demand from the government for secure digital identity frameworks and multi-factor authentication. Mobile-first and cloud-based OOB authentication models are growing quickly. They help people work from home and use the cloud in both developing and developed markets. Companies are slowly moving away from SMS-based methods and toward app-based and push-notification solutions that are more secure and less likely to be used for phishing. Market leaders care about things like scalability, following the rules, and working with mobile ecosystems. Risk-based and adaptive authentication features are becoming more important to find a balance between security and ease of use. There are global vendors, regional providers, and telecom-backed solutions in the competitive landscape. Flexibility and compliance with local laws are two important things that set them apart.
Components Outlook
Based on Components, the market is segmented into Software and Services. The Software market segment dominated the China Out-of-band (OOB) Authentication Market by Components is expected to grow at a CAGR of 13.9 % during the forecast period thereby continuing its dominance until 2032. Also, The Services market is anticipated to grow as a CAGR of 14.8 % during the forecast period during (2025 - 2032).
Deployment Outlook
Based on Deployment, the market is segmented into Cloud and On-Premise. With a compound annual growth rate (CAGR) of 18.3% over the projection period, the Cloud Market, dominate the Singapore Out-of-band (OOB) Authentication Market by Deployment in 2024 and would be a prominent market until 2032. The On-Premise market is expected to witness a CAGR of 18% during (2025 - 2032).
Country Outlook
China's Out-of-Band (OOB) authentication market is growing quickly because the country has a big digital economy and a lot of online financial, e-commerce, and government transactions. A lot of people use OOB methods like SMS, mobile app approvals, and hardware-backed authentication to keep their digital identities and payments safe. The government's strong focus on cybersecurity and fraud prevention makes people more likely to use multi-factor authentication. High smartphone uses and super-app ecosystems make it easy to verify things on mobile devices. The market is moving away from SMS and toward biometric, app-based, and AI-enabled authentication models. Increasingly, integration with real-time fraud detection and cloud security is happening. Domestic tech companies and telecom companies are the main competitors, with scalability and compliance with regulations being the main differences.
List of Key Companies Profiled
- OneSpan, Inc.
- Ping Identity Holding Corp.
- RSA Security LLC (Symphony Technology Group)
- SecurEnvoy Limited (Shearwater Group PLC)
- Thales Group S.A.
- Broadcom, Inc.
- Censornet Ltd.
- Cisco Systems, Inc.
- Deepnet Security
- i-Sprint Innovations Pte Ltd.
By Components
- Software
- Services
- Cloud
- On-Premise
- SMS
- Token-Based
- Other Authentication Channel
- BFSI
- IT & Telecommunication
- Retail & E-commerce
- Government
- Media & Entertainment
- Other End-User Industry
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
170 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Out-of-band (OOB) Authentication Market, by Components
- 1.4.2 Asia Pacific Out-of-band (OOB) Authentication Market, by Deployment
- 1.4.3 Asia Pacific Out-of-band (OOB) Authentication Market, by Authentication Channel
- 1.4.4 Asia Pacific Out-of-band (OOB) Authentication Market, by End-User Industry
- 1.4.5 Asia Pacific Out-of-band (OOB) Authentication Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Market Trends – Asia Pacific Out-of-band (OOB) Authentication Market
- Chapter 5. State of Competition – Asia Pacific Out-of-band (OOB) Authentication Market
- Chapter 6. Market Consolidation – Asia Pacific Out-of-band (OOB) Authentication Market
- Chapter 7. Key Customer Criteria – Asia Pacific Out-of-band (OOB) Authentication Market
- Chapter 8. Value Chain Analysis of Out-of-band (OOB) Authentication Market
- Chapter 9. Competition Analysis – Global
- 9.1 Market Share Analysis, 2024
- 9.2 Porter Five Forces Analysis
- Chapter 10. Product Life Cycle – Out-of-band (OOB) Authentication Market
- Chapter 11. Asia Pacific Out-of-band (OOB) Authentication Market by Components
- 11.1 Asia Pacific Software Market by Country
- 11.2 Asia Pacific Services Market by Country
- Chapter 12. Asia Pacific Out-of-band (OOB) Authentication Market by Deployment
- 12.1 Asia Pacific Cloud Market by Country
- 12.2 Asia Pacific On-Premise Market by Country
- Chapter 13. Asia Pacific Out-of-band (OOB) Authentication Market by Authentication Channel
- 13.1 Asia Pacific SMS Market by Country
- 13.2 Asia Pacific Token-Based Market by Country
- 13.3 Asia Pacific Email Market by Country
- 13.4 Asia Pacific Other Authentication Channel Market by Country
- Chapter 14. Asia Pacific Out-of-band (OOB) Authentication Market by End-User Industry
- 14.1 Asia Pacific BFSI Market by Country
- 14.2 Asia Pacific IT & Telecommunication Market by Country
- 14.3 Asia Pacific Retail & E-commerce Market by Country
- 14.4 Asia Pacific Government Market by Country
- 14.5 Asia Pacific Media & Entertainment Market by Country
- 14.6 Asia Pacific Other End-User Industry Market by Country
- Chapter 15. Asia Pacific Out-of-band (OOB) Authentication Market by Country
- 15.1 China Out-of-band (OOB) Authentication Market
- 15.1.1 China Out-of-band (OOB) Authentication Market by Components
- 15.1.2 China Out-of-band (OOB) Authentication Market by Deployment
- 15.1.3 China Out-of-band (OOB) Authentication Market by Authentication Channel
- 15.1.4 China Out-of-band (OOB) Authentication Market by End-User Industry
- 15.2 Japan Out-of-band (OOB) Authentication Market
- 15.2.1 Japan Out-of-band (OOB) Authentication Market by Components
- 15.2.2 Japan Out-of-band (OOB) Authentication Market by Deployment
- 15.2.3 Japan Out-of-band (OOB) Authentication Market by Authentication Channel
- 15.2.4 Japan Out-of-band (OOB) Authentication Market by End-User Industry
- 15.3 India Out-of-band (OOB) Authentication Market
- 15.3.1 India Out-of-band (OOB) Authentication Market by Components
- 15.3.2 India Out-of-band (OOB) Authentication Market by Deployment
- 15.3.3 India Out-of-band (OOB) Authentication Market by Authentication Channel
- 15.3.4 India Out-of-band (OOB) Authentication Market by End-User Industry
- 15.4 South Korea Out-of-band (OOB) Authentication Market
- 15.4.1 South Korea Out-of-band (OOB) Authentication Market by Components
- 15.4.2 South Korea Out-of-band (OOB) Authentication Market by Deployment
- 15.4.3 South Korea Out-of-band (OOB) Authentication Market by Authentication Channel
- 15.4.4 South Korea Out-of-band (OOB) Authentication Market by End-User Industry
- 15.5 Singapore Out-of-band (OOB) Authentication Market
- 15.5.1 Singapore Out-of-band (OOB) Authentication Market by Components
- 15.5.2 Singapore Out-of-band (OOB) Authentication Market by Deployment
- 15.5.3 Singapore Out-of-band (OOB) Authentication Market by Authentication Channel
- 15.5.4 Singapore Out-of-band (OOB) Authentication Market by End-User Industry
- 15.6 Malaysia Out-of-band (OOB) Authentication Market
- 15.6.1 Malaysia Out-of-band (OOB) Authentication Market by Components
- 15.6.2 Malaysia Out-of-band (OOB) Authentication Market by Deployment
- 15.6.3 Malaysia Out-of-band (OOB) Authentication Market by Authentication Channel
- 15.6.4 Malaysia Out-of-band (OOB) Authentication Market by End-User Industry
- 15.7 Rest of Asia Pacific Out-of-band (OOB) Authentication Market
- 15.7.1 Rest of Asia Pacific Out-of-band (OOB) Authentication Market by Components
- 15.7.2 Rest of Asia Pacific Out-of-band (OOB) Authentication Market by Deployment
- 15.7.3 Rest of Asia Pacific Out-of-band (OOB) Authentication Market by Authentication Channel
- 15.7.4 Rest of Asia Pacific Out-of-band (OOB) Authentication Market by End-User Industry
- Chapter 16. Company Profiles
- 16.1 OneSpan, Inc.
- 16.1.1 Company Overview
- 16.1.2 Financial Analysis
- 16.1.3 Regional Analysis
- 16.1.4 Research & Development Expenses
- 16.1.5 Recent strategies and developments:
- 16.1.5.1 Product Launches and Product Expansions:
- 16.2 Ping Identity Holding Corp.
- 16.2.1 Company Overview
- 16.2.2 Recent strategies and developments:
- 16.2.2.1 Partnerships, Collaborations, and Agreements:
- 16.3 RSA Security LLC (Symphony Technology Group)
- 16.3.1 Company Overview
- 16.3.2 SWOT Analysis
- 16.4 SecurEnvoy Limited (Shearwater Group PLC)
- 16.4.1 Company Overview
- 16.4.2 Financial Analysis
- 16.4.3 Segmental and Regional Analysis
- 16.5 Thales Group S.A.
- 16.5.1 Company Overview
- 16.5.2 Financial Analysis
- 16.5.3 Segmental Analysis
- 16.5.4 Research & Development Expenses
- 16.5.5 SWOT Analysis
- 16.6 Broadcom, Inc.
- 16.6.1 Company Overview
- 16.6.2 Financial Analysis
- 16.6.3 Segmental and Regional Analysis
- 16.6.4 Research & Development Expense
- 16.6.5 SWOT Analysis
- 16.7 CensorNet Ltd.
- 16.7.1 Company Overview
- 16.8 Cisco Systems, Inc.
- 16.8.1 Company Overview
- 16.8.2 Financial Analysis
- 16.8.3 Regional Analysis
- 16.8.4 Research & Development Expense
- 16.8.5 SWOT Analysis
- 16.9 Deepnet Security
- 16.9.1 Company Overview
- 16.10. i-Sprint Innovations Pte Ltd.
- 16.10.1 Company Overview
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.


