The article cited AMA's Global Mobile User Authentication Market Study explored substantial growth with CAGR of 25.15%. According the report, Rising Traction Among Large and SMEs to Manage and Assess Variety of Security Threats is one of the primary growth factors for the market. The Advent of Mobile Devices, Cloud Computing & Social Media
is also expected to contribute significantly to the Mobile User Authentication market. Overall, Education
applications of Mobile User Authentication, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as CA Technologies, EMC Corporation (United States), Gemalto NV (Netherlands), Symantec Corporation, VASCO Data Security International, Authentify (United States), Entrust Datacard Corporation, SecureAuth Corporation, SecurEnvoy (United Kingdom) and TeleSign (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Authentication Software, such as Security Process [Integrity Level, Alert Level], is boosting the Mobile User Authentication market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The User Type, such as Small and Medium Enterprises (SMEs), is boosting the Mobile User Authentication market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Component, such as Software, is boosting the Mobile User Authentication market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Mobile User Authentication market identified that the demand is rising in many different parts of the world as "Demand for Authentication as a Service
". Furthermore, some recent industry insights like "In October 2023, Intercede, the global leader in digital identities, today announced that it will launch a solution for Enterprise Managed FIDO Authentication, at Authenticate 2023 in California. Passwords, PKI and Windows Hello for Business can all be replaced with highly secure and phishing-resistant FIDO authentication, using Intercede’s enterprise multi-factor authentication (MFA) software and the award-winning YubiKey hardware authentication security key" is constantly making the industry dynamic. One of the challenges that industry facing is "Existing Authentication Solutions is posing a Challenge for the Global Mobile user Authentication market"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Mobile User Authentication market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Mobile User Authentication market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Mobile User Authentication market tight? Which application/end-user category or Product Type [Security Process, Data and Architecture and Learning Framework] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobile User Authentication market and other related sub-markets covered in the study.
o Key & emerging players in the Mobile User Authentication market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mobile User Authentication market size is calculated using market estimation process, the Mobile User Authentication market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobile User Authentication market size has been validated using both top-down and bottom-up approaches.