Phone-based Authentication Solutions - Global Strategic Business Report

The global market for Phone-based Authentication Solutions was valued at an estimated US$6.2 Billion in 2023 and is projected to reach US$17.8 Billion by 2030, growing at a CAGR of 16.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the phone-based authentication solutions market is driven by several factors, including increasing cyber threats, regulatory requirements, and the widespread adoption of mobile devices. As cyber-attacks become more sophisticated and prevalent, organizations are prioritizing robust authentication mechanisms to protect their digital assets and customer data. Regulatory frameworks, such as the General Data Protection Regulation (GDPR) and the Payment Card Industry Data Security Standard (PCI DSS), mandate strong authentication practices, further propelling the demand for secure authentication solutions.

Additionally, the rapid proliferation of smartphones and mobile internet usage has created a conducive environment for the adoption of phone-based authentication, as users seek convenient and secure ways to access their accounts and perform transactions. As these trends continue, the market for phone-based authentication solutions is expected to experience substantial growth, driven by the need for enhanced security in an increasingly digital world.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Single-Factor Certification Method segment, which is expected to reach US$8.0 Billion by 2030 with a CAGR of a 12.2%. The Multi-Factor Certification Method segment is also set to grow at 21.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $1.7 Billion in 2023, and China, forecasted to grow at an impressive 22.8% CAGR to reach $4.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Phone-based Authentication Solutions Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Phone-based Authentication Solutions Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Phone-based Authentication Solutions Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Cisco Systems, Inc., Deepnet Security Ltd., Duo Security, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 42 Featured):

• Cisco Systems, Inc.
• Deepnet Security Ltd.
• Duo Security
• Entersekt (Pty) Limited
• Entrust Corporation
• Eset Spol. Sro
• Microsoft Corporation
• OneSpan, Inc.
• SecureAuth Corporation
• SecurEnvoy Limited
• Shearwater Group Plc
• Swivel Secure
• TeleSign Corporation
• Thales Group
• Trustwave Holdings, Inc.