Mobile Identity Software Market Scope
The capacity to deliver context-aware services when and where they are required, the establishment of trust connections between trade partners, and the ever-expanding flexibility to reconfigure value chains are all requirements for mobile company growth. The advent of converged designs for next-generation public networks, as a result of the convergence of the Internet, standard phone networks, and consumer devices, pushes mobile business to the fore. Mobile identity management can play a critical role in addressing usability and trust concerns in mobile business in this setting. As a result, it's becoming a fundamental function for next-generation mobile telecommunications networks. Mobile identity management is used to identify, acquire, access, and pay for services that follow the user from device to device, location to location, and context to context, and therefore serves as the network component that connects novel services on novel networks utilising novel business models. Unlike earlier generations of mobile business infrastructures, this marks a significant shift in focus from identification to identity.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Smartmatic SGO Group (United Kingdom), Freja eID Group AB (Sweden), Víntegris S.L.U. (Spain), HashCash Consultants (United States), Signicat AS (Norway), RaulWalter LLC (Estonia), Duo Security, Inc (United States), AU10TIX (Cyprus), Syntizen Technologies Pvt. Ltd. (India) and Good Digital Identity (Czech Republic) |
CAGR | 6.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Mobile Identity Software market throughout the predicted period.
Smartmatic SGO Group (United Kingdom), Freja eID Group AB (Sweden), Víntegris S.L.U. (Spain), HashCash Consultants (United States), Signicat AS (Norway), RaulWalter LLC (Estonia), Duo Security, Inc (United States), AU10TIX (Cyprus), Syntizen Technologies Pvt. Ltd. (India) and Good Digital Identity (Czech Republic) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Samsung SDS (South Korea), Thales Group (France), TELUS Communications Inc. (Canada), GBG Group plc (United Kingdom), NEC Corporation (Japan) and Tessi (France).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Mobile Identity Software market by Type and Region with country level break-up.
On the basis of geography, the market of Mobile Identity Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
On 26th September, 2020 - Thales and an Augentic-INCM Partnership Received Major Biometrics Contracts in Sweden and Cameroon, National ID Programs in India, and Canada. The New Contracts are Awarded for Advance Biometric Technology for the Purpose of User Identification in Government Led Initiative Across those Regions.
On 1st July, 2021 - Samsung SDS and ServiceNow (Leading IT Service Management (ITSM) Solution Provider) Entered into Partnership Agreement in Digital Transformation Business. The Deal Covers Consulting, Setup and Operational Services of Now Platform Along with The Application of Its Various Industry-Specific Solutions.
Influencing Trend:
Integration of Biometrics in Smartphones
Market Growth Drivers:
Prevalence of Identity and Authentication Frauds and Rising Emphasis to Enhance End-To-End Customer Experience
Challenges:
Lack of Skilled Personnel and High Initial Investment
Restraints:
Data and Privacy Concerns and High Deployment Costs
Opportunities:
Integration with Advance Technologies Including AI, and Blockchain and Growing Adoption of Cloud-Based Digital Identity Solutions
Key Target Audience
Mobile Identity Software Developers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others