Read Time:3 Minute, 31 Second
With the rapid rise of mobile users over the recent years, it’s no surprise that efforts for mobile user authentication have been growing far more quickly than those for installing IT systems and network components. As a result, this industry is poised to grow from currently $5.8 billion to $20.6 billion by 2027. One of the greatest advantages of Report is that it does help you avoid running into problems with tasks such as authorship verification, a copywriter for whom one must submit a detailed portfolio and test their style on actual projects under supervision, proofreading, and guiding someone through the process. That’s just some of what takes up much time in a traditional setup.
Click on the below tab to avail the Sample copy of the report
Market Overview Introduction
What does the report state about these markets?
Market 16,1 billion U.S. installations by 2021 or reaching 1/7th of Americans
According to the MIT Report’s Forecast on Mobile Security, market revenue will reach 12 Billion USD by 2022. Therefore, every person should be authenticated before making in-app purchases on their phone. This provides more excellent protection to users and developers against the risk of unauthorized or unintended loss of revenue and makes mobile user authentication an important strategic direction for any organization seeking to attract, support, and retain users through their exclusive ownership of mobile devices data.
Token Movement in Mobile User Authentication
Branded and operator-branded campaigns and incentivized rewards are needed to drive the adoption of MUA. The key driving factors for MUA adoption would be for operators to convince their subscribers into actively utilizing the privacy, convenience, and time savers offered by a rewarding app-based solution. In the past eight years, growth has been consistently high. It is expected to rise further in the next ten thanks to a combination of factors such as a growing adoption rate, more excellent education about mobile user authentication, new and innovative tech, and payment schemes. The global market…