Authored By: Sarah
30 Nov 2021

Phone-based Authentication Solutions: Top Drivers that will Enable COVID-19 Recovery

Synopsis of Growth Drivers with Market Forecast 2021-2025

Technavio’s Phone-based Authentication Solutions Market is set to grow by $ 4.98 bn, and the market will progressing at a CAGR of 20.59% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.


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Phone-based Authentication Solutions Market: Top Drivers for Growth

One of the key factors that will drive growth is Increasing number of smart connected devices. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.

Top Drivers for Phone-based Authentication Solutions Market Size to Grow by $ 4.98 bn During 2021-2025

Phone-based Authentication Solutions Market: Segment List

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Phone-based Authentication Solutions Market is segmented by End-user (BFSI, PCI, government, and others) and Geography (North America, Europe, APAC, South America, and MEA). Request our Free Sample Report

Phone-based Authentication Solutions Market: Vendor Analysis

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  Broadcom Inc., Early Warning Services LLC, Entrust Datacard Corp., Fujitsu Ltd., HID Global Corp., IDEMIA, OneSpan Inc., SecureAuth Corp., Shearwater Group Plc, and Thales Group are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 20.59%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 4.98 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increasing number of smart connected devices will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    38% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Broadcom Inc., Early Warning Services LLC, Entrust Datacard Corp., Fujitsu Ltd., HID Global Corp., IDEMIA, OneSpan Inc., SecureAuth Corp., Shearwater Group Plc, and Thales Group
     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (BFSI, PCI, government, and others) and Geography (North America, Europe, APAC, South America, and MEA)
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