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Mobile User Authentication Market Trends Growth Drivers, Opportunities and Forecast Analysis to forecast year 2025 (SARS-CoV-2, Covid-19 Analysis)

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Mobile User Authentication Market 

A new market study, titled “Mobile User Authentication Market ” has been featured on Market Research Future.

According to MRFR, the Global Mobile User Authentication Market is estimated to reach USD 3.45 Billion by 2024, recording a CAGR of 25.9% during the forecast period (2019–2024).

FREE PDF@  https://www.marketresearchfuture.com/sample_request/8190

Market Highlights

One of the key drivers of the mobile user authentication market is rising data generation due to the growing digitisation and virtualization industry. In addition, there has been an increase in corporate organizational efficiency due to digitalisation, as data can be conveniently transferred from one stage to another without any difficulty. However, related security concerns, such as cyberattacks and data breaches, are subject to impact on companies. Therefore, in order to make data more reliable, including confidential data, contract details and details on research and development, businesses and organizations are moving towards mobile user authentication. In addition , other factors such as the rising trends in online data sharing and BYOD, as well as the increasing traction among businesses, drive demand for mobile user authentication to secure data from fraudulent activities and other vulnerabilities. Growing global cloud adoption also leads to data sharing, making it easier for companies , organisations, industries and individuals.  

Market Segmentation

The global mobile user authentication market is analyzed based on organization size, component, end-user and region.

Based on component, global mobile user authentication market has been divided into solutions and services. The solution segment has been further divided as biometric authentication, one-time passwords, QR code validation and others.

The global mobile user authentication market, based on the organization size, has been bifurcated into large enterprises and SMEs.

By end user, the global mobile user authentication market has been segmented into IT & telecommunication, BFSI, retail, healthcare, government, media and entertainment, and others.

Regional Review

It is expected that the global demand for mobile user authentication will expand at a significant rate over the 2018 to 2024 forecast period. Global smartphone app authentication geographic research was performed for North America (the United States, Canada , and Mexico), Europe (the United Kingdom , Germany , France, Spain , Italy, and the rest of Europe), Asia-Pacific (China , Japan , India, Singapore, and the rest of the Asia-Pacific), and the rest of the world (the Middle East , Africa and South America).

Owing to the presence of numerous primary vendors, such as CA Technologies Inc., Microsoft Corporation, Entrust Datacard Corporation, SecureAuth Corporation, and TeleSign Corporation North America reported the largest market share in2018. With the help of the mobile user authentication software, these companies offer the solutions and services for various industries to secure the data. In addition, the the acceptance of BYOD and the the threat of high-profile cyber-attacks by different business enterprises are the major driving factors for the industry.

With industry players such as Swivel Secure Ltd and Gemalto NV offering solutions to organizations and individuals, Europe has the second-largest market share in the global mobile device authentication market. In addition , mobile apps are widely used across business verticals such as media and entertainment, BFSI, and the government sector. On the other hand, the market in Asia-Pacific is slated to be the fastest-growing during the forecast period owing to increasing population and growing awareness among the users in the region which is contributing to the development of the market in the region. 

Competitive Dynamics

MRFR distinguishes the key players in the global mobile user authentication market as Microsoft Corporation (US), Swivel Secure Ltd (UK), CA Technologies Inc. (US), Vasco Data Security International Inc. (US), EMC Corporation (US), Gemalto NV (Netherlands), Symantec Corporation (US), Authentify Inc. (US), SecureAuth Corporation (US), SecurEnvoy PLC (UK), Entrust Datacard Corporation (US), and TeleSign Corporation(US), among others.

 

More Information@ https://www.marketresearchfuture.com/reports/mobile-user-authentication-market-8190

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
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