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Leading Element Driving Change in the Mobile User Authentication Market Share in 2025: Rising Cybersecurity Threats Drive Growth Of Mobile User Authentication Market Share Driver

03-13-2025 09:06 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Mobile User Authentication Market Share

Mobile User Authentication Market Share

What industry-specific factors are fueling the growth of the mobile user authentication Market Share?
The surge in cyber threats is anticipated to boost the expansion of the mobile user authentication sector. These cyber threats can pose significant risks to computer systems, networks, and data, potentially leading to unauthorized access, data leaks, or information theft. The escalation in such risks is linked to heightened connectivity, data monetization, remote working, advanced attack strategies, and lack of awareness. Mobile user authentication is critical in countering these potential threats including password theft, phishing attacks, MitM attacks, loss or theft of devices, data leaks, and unauthorized application access. For example, in November 2022, the Australian Cyber Security Centre, a cybersecurity agency based in Australia, reported a 13% increase in cybercrime reports from the previous year, tallying up to 76,000. As such, the escalation in cybersecurity threats is propelling the growth of the mobile user authentication Market Share.

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What Is the projected Market Share size and growth rate for the mobile user authentication Market Share?
The Market Share for mobile user authentication has experienced swift expansion in the past few years. Projected to rise from $3.7 billion in 2024 to $4.44 billion in 2025, it boasts a compound annual growth rate (CAGR) of 19.8%. This surge during the historic period stems from the heightened use of smartphones and tablets, an increase in mobile transactions, the emergence of remote work and a mobile labor force, along with the advent of mobile payment applications and digital wallets.

The Market Share for mobile user authentication is projected to witness an accelerated growth in the coming years, escalating to a value of $9.04 billion by 2029 with a compound annual growth rate (CAGR) of 19.5%. This surge over the forecast timeline can be credited to increased adoption of mobile devices, swift digital evolution, heightened cybersecurity threats, proliferating IoT devices, and a high demand for seamless authentication. Noteworthy trends throughout the forecast period will comprise the supremacy of biometric authentication, the embracing of behavioral biometrics and zero trust security, the utilization of blockchain-based authentication as well as the integration with Artificial Intelligence and Machine Learning.

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What new trends are reshaping the mobile user authentication Market Share and its opportunities?
The onset of the mobile user authentication Market Share has triggered major companies to concentrate on generating pioneering technologies such as TruSense to address the escalating requirements. TruSense operates as a digital identity and security service, integrating a diversity of solutions and innovations aimed at validating and safeguarding the identities of individuals and entities in digital platforms. For instance, in February 2023, TruSense was launched by Route Mobile Limited, a cloud communications platform service provider based in India. This avant-garde digital identity and security service is intended to secure digital activities through a trusted environment, allowing enterprises to validate end-users without hassle. It guarantees stable authentication, dependable identity verification, and smart fraud detection, employing AI and ML for instant risk appraisal and facilitating smooth identity verification against approved third-party data. In summary, TruSense boasts a variety of applications, offering solutions for digital identity and security, product tagging and content curation, row guidance, and cooling water technology.

What major Market Share segments define the scope and growth of the mobile user authentication Market Share?
The mobile user authentication Market Share covered in this report is segmented -

1) By Authentication: Biometric Authentication, Multi-Factor Authentication (MFA), Knowledge-Based Authentication (KBA), Other Authentication
2) By Deployment: Cloud-Based Authentication, On-Premises Authentication
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By End-User Vertical: Banking, Financial Services, And Insurance, Consumer Electronics, Government, Telecommunication, Healthcare, Manufacturing, Other End-user Verticals

Subsegments:
1) By Biometric Authentication: Fingerprint Recognition, Face Recognition, Iris Recognition, Voice Recognition, Palm Or Vein Recognition, DNA-Based Authentication
2) By Multi-Factor Authentication (MFA): Two-Factor Authentication (2FA), Three-Factor Authentication (3FA), Adaptive Authentication, Token-Based Authentication (Hardware Or Software Tokens), SMS Or Email-Based OTP (One-Time Password)
3) By Knowledge-Based Authentication (KBA): Static KBA (Security Questions), Dynamic KBA (One-Time PINs, Answers Based On Real-Time Data)
4) By Other Authentication: Behavioral Biometrics, Device-Based Authentication, Geolocation-Based Authentication, Pattern Or Gesture Recognition, Risk-Based Authentication

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Which region dominates the mobile user authentication Market Share?
Asia-Pacific was the largest region in the mobile user authentication Market Share in 2024. The regions covered in the mobile user authentication Market Share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key Market Share leaders are driving the mobile user authentication industry growth?
Major companies operating in the mobile user authentication Market Share are Apple Inc., Google LLC, Microsoft Corporation, International Business Machines Corporation, Broadcom Inc., Gemalto NV, Entrust Datacard Corporation, HID Global, Avast Antivirus, RSA SecurID, BlackBerry Limited, CyberArk Software Inc., ESET s.r.o, Ping Identity Corporation, OneSpan, ForgeRock Inc., MobileIron Inc., Centrify Inc., SecureAuth Corporation, Duo Security, CA Technologies, BIO-key International, Authentify Inc., Veridium, TeleSign

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What Is Covered In The Mobile User Authentication Global Market Share Report?

•Market Share Size Forecast: Examine the mobile user authentication Market Share size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the mobile user authentication Market Share for a structured understanding.
•Key Players Overview: Analyze major players in the mobile user authentication Market Share, including their Market Share value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the mobile user authentication Market Share.
•Segment Contributions: Evaluate how different segments drive overall growth in the mobile user authentication Market Share.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the mobile user authentication Market Share.
•Industry Challenges: Identify potential risks and obstacles affecting the mobile user authentication Market Share.
•Competitive Landscape: Review strategic developments in the mobile user authentication Market Share, including expansions, agreements, and new product launches.

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