Report ID: SQMIG45A2315
Report ID:
SQMIG45A2315 |
Region:
Global |
Published Date: April, 2024
Pages:
189
|
Tables:
94 |
Figures:
74
Global Mobile User Authentication Market size was valued at USD 1.5 Billion in 2022 and is poised to grow from USD 1.83 Billion in 2023 to USD 27 Billion by 2031, growing at a CAGR of 22.53% in the forecast period (2024-2031).
According to a ManpowerGroup survey, millennials are more likely to enable multifactor authentication following a breach (28 % vs. 32 % of the general population). And, with 75 % of millennials comfortable using biometrics today, compared to 58% of those over 55, this could mean that younger adults don’t value traditional passwords more, but likely access will be configured with multifactor authentication, using biometrics for speed and convenience.
The global mobile user authentication market is witnessing flawless growth due to rapid popularity of market, increasing data storage unit, widespread adoption of smartphones and various electronic devices, such as laptops and advanced internet connected computers a towards the front, the growth of gig economy platforms such as Upwork, Uber, Zomato and paid research applications due to e-commerce sector, is estimated to boost the global mobile user authentication market globally.
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Report ID: SQMIG45A2315