The Rising Demand for Out-of-Band Authentication: A Comprehensive Market Analysis

Overview

Out-of-band (OOB) authentication is a type of two-factor authentication that requires users to verify their identity using a separate device or channel, in addition to their username and password. This additional layer of security helps to protect against account takeovers and other cyberattacks.

OOB authentication can be implemented using a variety of methods, including:

• Text message: Users receive a one-time code (OTP) via SMS that they must enter to authenticate their login.
• Voice call: Users receive an OTP via a voice call that they must enter to authenticate their login.
• Email: Users receive an OTP via email that they must enter to authenticate their login.
• Authenticator app: Users install an authenticator app on their smartphone and generate an OTP using the app to authenticate their login.

Market Size and Growth

The global OOB authentication market is expected to grow from $553.45 million in 2020 to $4.2 billion by 2030, at a CAGR of 22.8%. The growth of the market is being driven by a number of factors, including:

• Increase in cyberattacks: The number of cyberattacks has been increasing in recent years, and OOB authentication can help to protect against these attacks.
• Growing adoption of mobile devices: Mobile devices are becoming increasingly popular, and OOB authentication can be used to authenticate users on mobile devices.
• Regulatory requirements: Some regulations, such as the European Union's General Data Protection Regulation (GDPR), require organizations to implement strong authentication measures.

Market Segmentation

The global OOB authentication market can be segmented by:

• Type: Text message, voice call, email, authenticator app.
• Organization size: Large enterprises, small and medium-sized enterprises (SMEs).
• Industry: Banking, financial services, and insurance (BFSI), healthcare, retail, IT and telecommunications, government, others.
• Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Key Players

Some of the key players in the global OOB authentication market include:

• Google
• Microsoft
• Okta
• Authy
• Duo Security
• RSA
• OneSpan
• Gemalto
• Ping Identity
• Cisco Systems

Conclusion

The global OOB authentication market is expected to grow significantly in the coming years. The growth of the market is being driven by a number of factors, including the increase in cyberattacks, the growing adoption of mobile devices, and regulatory requirements.

OOB authentication is a valuable tool that can help organizations to protect their users from cyberattacks. By implementing OOB authentication, organizations can add an additional layer of security to their systems and help to prevent account takeovers and other malicious activities. 

Revolutionizing Commuting: The Growing Demand for E-Bikes in the Urban Market

The e-bike market is growing rapidly, with global sales expected to reach $119.72 billion by 2030. There are a number of factors driving this growth, including rising concerns about air pollution and climate change, increasing urbanization, and the growing popularity of active transportation.

E-bikes are a more sustainable and environmentally friendly alternative to cars and motorcycles. They produce zero emissions and can help to reduce traffic congestion and improve air quality. E-bikes are also a great way to get exercise and stay healthy. They can be used for commuting, running errands, or simply getting some fresh air and exercise.

The e-bike market is segmented by type, battery type, motor type, mode, application, and region. By type, the market is segmented into pedelecs, speed pedelecs, and throttle on demand. Pedelecs are the most popular type of e-bike, accounting for the majority of sales. Speed pedelecs are faster than pedelecs and can reach speeds of up to 45 km/h. Throttle on demand e-bikes do not require pedaling to operate, and are powered by a throttle.

By battery type, the market is segmented into lead-acid, lithium-ion, and nickel metal hydride. Lithium-ion batteries are the most popular type of battery for e-bikes, due to their lighter weight and longer lifespan. Lead-acid batteries are less expensive, but they are also heavier and have a shorter lifespan. Nickel metal hydride batteries are a good compromise between price and performance.

By motor type, the market is segmented into hub motor and mid-drive motor. Hub motors are located in the wheel hub, while mid-drive motors are located in the center of the bike. Hub motors are less expensive, but they are also less efficient. Mid-drive motors are more expensive, but they are also more efficient and provide better performance.

By mode, the market is segmented into pedal assist and throttle. Pedal assist e-bikes require the rider to pedal in order to operate. Throttle e-bikes do not require pedaling to operate, and are powered by a throttle.

By application, the market is segmented into city/urban, mountain, and cargo. City/urban e-bikes are the most popular type of e-bike, and are used for commuting, running errands, and getting around town. Mountain e-bikes are designed for off-road riding. Cargo e-bikes are designed for carrying heavy loads.

By region, the market is segmented into North America, Europe, Asia Pacific, and Latin America. Asia Pacific is the largest market for e-bikes, followed by Europe and North America. The growth of the e-bike market in Asia Pacific is being driven by rising concerns about air pollution and climate change, increasing urbanization, and the growing popularity of active transportation.

The e-bike market is a rapidly growing market with a lot of potential. E-bikes are a more sustainable and environmentally friendly alternative to cars and motorcycles, and they can help to reduce traffic congestion and improve air quality. E-bikes are also a great way to get exercise and stay healthy.

How to Improve Supply Chain Risk Management with AI

The global supply chain risk management market is expected to grow at a CAGR of 9.2% from 2022 to 2031. The market is being driven by the increasing adoption of cloud-based solutions, the growing demand for transparency and visibility in supply chains, and the need to comply with regulations.

Supply chain risk management (SCRM) is the process of identifying, assessing, and mitigating potential risks and uncertainties in a supply chain. It entails identifying risk sources, assessing their impact, and taking proactive steps to prevent or mitigate their effects.

There are a number of different types of risks that can impact a supply chain, including natural disasters, political instability, economic downturns, cyberattacks, and supplier disruptions. SCRM can help organizations to identify and mitigate these risks, and to ensure that their supply chains are resilient to disruptions.

The global supply chain risk management market is segmented on the basis of component, end-use industry, enterprise size, deployment, and region.

• By component: The market is segmented into solutions and services. Solutions include software, hardware, and consulting services. Services include training, implementation, and support.
• By end-use industry: The market is segmented into retail and consumer goods, healthcare and pharmaceuticals, manufacturing, food and beverages, transportation and logistics, automotive, and others.
• By enterprise size: The market is segmented into large enterprises and small and medium-sized enterprises (SMEs).
• By deployment: The market is segmented into on-premises and cloud-based.
• By region: The market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

North America is the leading market for supply chain risk management, followed by Europe and Asia Pacific. The growth of the market in these regions is being driven by the increasing adoption of cloud-based solutions, the growing demand for transparency and visibility in supply chains, and the need to comply with regulations.

The market for supply chain risk management is expected to grow at a significant rate in the coming years. This growth is being driven by a number of factors, including the increasing adoption of cloud-based solutions, the growing demand for transparency and visibility in supply chains, and the need to comply with regulations.

Benefits of supply chain risk management

• Improved visibility: SCRM can help organizations to improve visibility into their supply chains. This can help them to identify and mitigate risks early on, and to take steps to prevent disruptions.
• Reduced costs: SCRM can help organizations to reduce costs by reducing the number of disruptions to their supply chains. This can be achieved by identifying and mitigating risks, and by implementing proactive measures to prevent disruptions.
• Increased customer satisfaction: SCRM can help organizations to increase customer satisfaction by ensuring that they are able to meet customer demand even in the event of disruptions. This can be achieved by identifying and mitigating risks, and by implementing proactive measures to prevent disruptions.

Challenges of supply chain risk management

• Lack of data: One of the biggest challenges of SCRM is the lack of data. Organizations often do not have the data they need to identify and assess risks.
• Complexity: SCRM can be a complex process. It involves multiple stakeholders, and it requires a deep understanding of the organization's supply chain.
• Cost: SCRM can be a costly process. Organizations need to invest in software, hardware, and consulting services.

Conclusion

The global supply chain risk management market is expected to grow at a significant rate in the coming years. This growth is being driven by a number of factors, including the increasing adoption of cloud-based solutions, the growing demand for transparency and visibility in supply chains, and the need to comply with regulations.

Automotive Floor Mats Market Size, Share & Trends Analysis Report by Material (Rubber, Carpet, Leather), by End-User (Passenger Vehicles, Commercial Vehicles), by Region, and Segment Forecasts, 2022-2030

The automotive floor mats market is expected to witness significant growth over the forecast period. This is owing to increasing preference for lighter, more efficient, and aesthetically-pleasing automotive floor mats in the automotive industry.

The global automotive floor mats market was valued at US$ 11.7 million in 2022, and is expected to witness a CAGR of 4.5 % to reach US$ 16.6 million by 2030.

The growth of the automotive floor mats market is driven by a number of factors, including:

• Increasing production of automobiles across various countries
• Increasing consumer demand for safety and comfort in vehicle cabins
• Rising demand for passenger vehicles
• The development of automobile aftermarket services
• Increasing consumer preference towards comfort and quality

However, the growth of the automotive floor mats market is restrained by a number of factors, including:

• Stringent government policies
• Fluctuating raw material prices

The automotive floor mats market is segmented on the basis of material type, end-user, and region.

On the basis of material type, the market is segmented into rubber, carpet, and leather. Rubber is the most dominant segment of the market, followed by carpet and leather. Rubber floor mats are the most preferred choice of consumers due to their durability and resistance to wear and tear. Carpet floor mats are preferred for their comfort and aesthetic appeal. Leather floor mats are preferred for their luxury and premium look.

On the basis of end-user, the market is segmented into passenger vehicles and commercial vehicles. Passenger vehicles are the largest segment of the market, followed by commercial vehicles. Passenger vehicles account for the majority of the market share due to the increasing demand for passenger vehicles across the globe. Commercial vehicles are also expected to witness significant growth in the coming years due to the increasing demand for logistics and transportation services.

On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is the largest market for automotive floor mats, followed by North America and Europe. Asia Pacific is expected to continue to be the fastest-growing market for automotive floor mats in the coming years due to the increasing production of automobiles in the region.

The key players operating in the automotive floor mats market are Toyoda Gosei, Tristar Products, Husky Liners, WeatherTech, Lloyd Mats, and Eagle Industries. These players are focusing on product innovation and expansion into new markets to gain a competitive edge in the market.

The automotive floor mats market is a fragmented market with a large number of small and medium-sized players. The market is characterized by high competition and frequent product launches. The key players in the market are focusing on product innovation and expansion into new markets to gain a competitive edge.