Mobile User Authentication Market is Booming Globally with Top Key Players By 2022-2029

The mobile user authentication market today is influenced by several drivers, restraints as well as opportunities. Growing demand of BYOD and online information sharing is considered as one of the key drivers of the market. Increasing cyber-attacks also encourage enterprises to adopt mobile user authentication, accelerating the growth of the market. However, lack of awareness about the benefits of mobile user authentication has restricted the growth of the market to a great extent. On the other hand, industries such as BFSI as well as education are likely to create greater opportunities in the market.

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Mobile user authentication is identification and verification of end users through methods including GPS, biometrics, OTP, timestamps, and others. This authentication makes use of mobile devices such as smartphones to validate the credentials of users.

These credentials are needed for confirmation of an individuals authenticity and provide access to resources. Increasing benefits of virtualization as well as digitalization also bring security risks to enterprises, making them vulnerable to cyber-attacks and loss of confidential data. Thus, mobile user authentication has helped the companies face an uphill responsibility of managing security of their resources to avoid unauthorized use of confidential as well as critical data.

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The mobile user authentication market is segmented in terms of end-users, industry and geography. On the basis of end-users, the market is segmented into small and medium business enterprises, and large enterprises. In addition, the industries served by the market consists of education, BFSI, manufacturing, retail, information technology and telecom, and others. The regions experiencing growth in the mobile user authentication market include North America, Europe, Latin America, Middle East and Africa (LAMEA), and AsiaPacific.

The key players dominating the market include CA Technologies, Symantec Corporation, EMC Corporation, Authentify Inc., Entrust Datacard Corporation, Vasco Data Security International Inc., Secureauth Corporation and many others.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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