The mobile user authentication services have become vigorous in offering a unified view about enterprise-wide security, and it introduces greater transparency and visibility in business processes of an organization in verticals such as Healthcare, BFSI, etc. The virtualization and digitalization in the SMBs have led authentication to become more important and pervasive in the current technology space.
MARKET SCOPE
The "Global Mobile User Authentication Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the mobile user authentication market with detailed market segmentation by authentication type, organization size, industry vertical, and geography. The report provides key statistics on the market status of the leading mobile user authentication market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on authentication type, the global mobile user authentication market is segmented into two-factor authentication, biometrics or multi-factor authentication, passwords, soft tokens, and other.
- On the basis of organization size, the market is segmented into small and medium enterprises (SMEs) and large enterprises.
- Based on industry vertical, the market is segmented into education, BFSI, retail, information technology and telecom, manufacturing, and others.
MARKET DYNAMICS
Drivers:
- The increase in adoption of Bring Your Own Device (BYOD) Solutions and increasing cloud-based multi-factor authentication are some of the major factors driving the growth of the mobile user authentication market.
- Increasing advancement in technology is anticipated to boost the growth of the mobile user authentication market.
Restraints:
- Security issues may hinder the growth of the mobile user authentication market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The mobile user authentication market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the mobile user authentication market in these regions.
IMPACT OF COVID-19 ON MOBILE USER AUTHENTICATION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the mobile user authentication market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from mobile user authentication market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the mobile user authentication market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aware, Inc
- Dell
- Duo
- Entrust Corporation
- OneSpan
- SecureAuth Corporation
- SecurEnvoy Ltd
- Broadcom
- TeleSign
- Thales Group