| Product Code: ETC4389825 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Out of Band (OOB) Authentication in Bahrain is becoming an essential layer in multi-factor authentication strategies. By utilizing separate communication channels, such as SMS or email, for identity verification, OOB ensures enhanced security against credential theft and man-in-the-middle attacks.
Bahrains Out of Band Authentication Market is expanding as businesses seek enhanced security measures beyond traditional password-based systems. This method provides an additional verification layer by using a separate communication channel such as SMS, voice call, or push notification. It is particularly useful in protecting sensitive financial transactions and securing remote access. Growing incidents of phishing, credential theft, and account takeovers are propelling adoption across sectors like banking, e-commerce, and healthcare. Compliance requirements such as PSD2 and GDPR are also encouraging wider deployment of out of band authentication solutions.
In Bahrain, the Out of Band Authentication (OOBA) market is hindered by user friction and resistance to adopting multi-step verification processes. Many consumers and employees view OOBA as cumbersome, leading to reduced satisfaction and potential security workarounds. Telecom infrastructure variability can also impact the reliability of out-of-band channels such as SMS or voice calls. Businesses face challenges integrating OOBA into existing apps and authentication frameworks without disrupting user experience. The cost of maintaining secure secondary communication channels can be prohibitive, especially for smaller organizations. Additionally, the rise of SIM swap attacks and mobile malware has raised concerns about the overall security of OOBA methods.
With the increasing sophistication of cyber-attacks, there is growing interest in out of band (OOB) authentication as a means to enhance security in Bahrain. OOB authentication provides an additional layer of security by requiring users to authenticate through a separate communication channel, such as SMS, email, or a dedicated authentication device. Investment opportunities lie in developing OOB authentication solutions that can be easily integrated into existing security infrastructures while offering a high level of protection against phishing, man-in-the-middle, and other attack vectors. Businesses in the financial, e-commerce, and government sectors will benefit from these solutions as they seek to improve the security of their digital transactions.
To strengthen authentication mechanisms beyond passwords, Bahrain supports the deployment of Out of Band (OOB) authentication in critical applications. Financial institutions and government portals must integrate OOB methods such as SMS, email, or push notification-based verification. These policies reduce the risks of credential theft and phishing attacks. The CBB mandates multi-channel authentication for high-value transactions and sensitive account access. Bahrain promotes the combination of OOB with behavioral analytics to minimize friction while enhancing security.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahrain Out of Band Authentication Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Out of Band Authentication Market Revenues & Volume, 2021 & 2031F |
3.3 Bahrain Out of Band Authentication Market - Industry Life Cycle |
3.4 Bahrain Out of Band Authentication Market - Porter's Five Forces |
3.5 Bahrain Out of Band Authentication Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Bahrain Out of Band Authentication Market Revenues & Volume Share, By Authentication Channel, 2021 & 2031F |
3.7 Bahrain Out of Band Authentication Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.8 Bahrain Out of Band Authentication Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.9 Bahrain Out of Band Authentication Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Bahrain Out of Band Authentication Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing number of cyber threats and security breaches |
4.2.2 Growing adoption of online banking and e-commerce |
4.2.3 Regulatory requirements for strong authentication methods |
4.3 Market Restraints |
4.3.1 High implementation costs for out of band authentication solutions |
4.3.2 Lack of awareness and understanding among businesses and consumers |
4.3.3 Integration challenges with existing IT infrastructure |
5 Bahrain Out of Band Authentication Market Trends |
6 Bahrain Out of Band Authentication Market, By Types |
6.1 Bahrain Out of Band Authentication Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Out of Band Authentication Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 Bahrain Out of Band Authentication Market Revenues & Volume, By Solution (Hardware, Software), 2021 - 2031F |
6.1.4 Bahrain Out of Band Authentication Market Revenues & Volume, By Service, 2021 - 2031F |
6.2 Bahrain Out of Band Authentication Market, By Authentication Channel |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Out of Band Authentication Market Revenues & Volume, By SMS, 2021 - 2031F |
6.2.3 Bahrain Out of Band Authentication Market Revenues & Volume, By Email, 2021 - 2031F |
6.2.4 Bahrain Out of Band Authentication Market Revenues & Volume, By Push Notification Voice, 2021 - 2031F |
6.2.5 Bahrain Out of Band Authentication Market Revenues & Volume, By Token-Based, 2021 - 2031F |
6.2.6 Bahrain Out of Band Authentication Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Bahrain Out of Band Authentication Market, By Deployment Type |
6.3.1 Overview and Analysis |
6.3.2 Bahrain Out of Band Authentication Market Revenues & Volume, By On-Premises, 2021 - 2031F |
6.3.3 Bahrain Out of Band Authentication Market Revenues & Volume, By Cloud, 2021 - 2031F |
6.4 Bahrain Out of Band Authentication Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Bahrain Out of Band Authentication Market Revenues & Volume, By SMEs, 2021 - 2031F |
6.4.3 Bahrain Out of Band Authentication Market Revenues & Volume, By Large Enterprises, 2021 - 2031F |
6.5 Bahrain Out of Band Authentication Market, By Vertical |
6.5.1 Overview and Analysis |
6.5.2 Bahrain Out of Band Authentication Market Revenues & Volume, By Banking, Financial Services, and Insurance, 2021 - 2031F |
6.5.3 Bahrain Out of Band Authentication Market Revenues & Volume, By Government and Defense, 2021 - 2031F |
6.5.4 Bahrain Out of Band Authentication Market Revenues & Volume, By Retail, 2021 - 2031F |
6.5.5 Bahrain Out of Band Authentication Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.5.6 Bahrain Out of Band Authentication Market Revenues & Volume, By IT and Telecom, 2021 - 2031F |
6.5.7 Bahrain Out of Band Authentication Market Revenues & Volume, By Energy and Utilities, 2021 - 2031F |
7 Bahrain Out of Band Authentication Market Import-Export Trade Statistics |
7.1 Bahrain Out of Band Authentication Market Export to Major Countries |
7.2 Bahrain Out of Band Authentication Market Imports from Major Countries |
8 Bahrain Out of Band Authentication Market Key Performance Indicators |
8.1 Percentage increase in the number of reported cyber threats in Bahrain |
8.2 Adoption rate of online banking and e-commerce platforms using out of band authentication |
8.3 Number of regulatory changes related to cybersecurity and authentication standards in Bahrain |
8.4 Average implementation time for out of band authentication solutions in Bahrain |
8.5 Rate of successful integration of out of band authentication with existing IT systems in Bahrain |
9 Bahrain Out of Band Authentication Market - Opportunity Assessment |
9.1 Bahrain Out of Band Authentication Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Bahrain Out of Band Authentication Market Opportunity Assessment, By Authentication Channel, 2021 & 2031F |
9.3 Bahrain Out of Band Authentication Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.4 Bahrain Out of Band Authentication Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.5 Bahrain Out of Band Authentication Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Bahrain Out of Band Authentication Market - Competitive Landscape |
10.1 Bahrain Out of Band Authentication Market Revenue Share, By Companies, 2024 |
10.2 Bahrain Out of Band Authentication Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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