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(Wireless-NewsWire.Com, September 21, 2017 ) According to Publisher, the Global Mobile User Authentication market is expected to grow from $0.86 billion in 2016 to reach $3.36 billion by 2022 with a CAGR of 25.4%. Increasing adoption of bring your own device (BYOD) and compounding online data sharing, growing security concerns among enterprises, and raising regulatory standards are some of the major factors propelling the market growth. Furthermore, advantages associated with data redundancy, multi-level security, convenience and advanced quality are the factors fueling the market growth. However, lack of awareness, substitute solutions are hampering the market growth.
For more information http://www.reportsweb.com/mobile-user-authentication-global-market-outlook-2016-2022
Banking, Financial Services and Insurance (BFSI) vertical contributed a largest market share during the forecast period owing to growing need for secure identification and verification techniques. By geography, North America commanded the largest market share due to plenty IT infrastructures and more financial institutions & companies in this region. Asia Pacific is likely to grow at a fastest rate during the forecast period.
Some of the key players in global mobile user authentication market include Authentify Inc., CA Technologies, Inc., Deepnet Security, EMC Corporation, Entrust Datacard Corporation, Equifax, Microsoft, Mi-Token, PointSharp, Secureauth Corporation, Securenvoy PLC, Symantec Corporation, Technology Nexus, TeleSign, and Vasco Data Security International, Inc.
Authentication Software Covered:
-Security Process -Integrity Level-Alert Level
-Data and Architecture -Cloud Data-Device Data-Carrier Data
-Learning Framework -Scoring Algorithm-Independent Feature Model
Multi Factor Authentications Covered:
-Bio Metrics -Behavioral-Physiological
-Using Other Devices -Magnetic key card-Smart Card-Token Device
-User Knowledge -Password/Paraphrase-Unlock Pattern
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User Types Covered:
-Large Enterprises
-Small and medium sized enterprises
Verticals Covered:
-Manufacturing
-Government and Defense
-Consumer Goods and Retail
-Commercial Security
-Banking, Financial Services and Insurance (BFSI)
-IT and Telecom
-Energy and Power
-Life Sciences and Healthcare
-Travel, Immigration and Transportation
-Academia and Education
-Other Verticals
Regions Covered:
-North America-US-Canada-Mexico
-Europe-Germany-France-Italy-UK -Spain -Rest of Europe
-Asia Pacific-Japan-China-India-Australia-New Zealand-Rest of Asia Pacific
-Rest of the World-Middle East-Brazil-Argentina-South Africa-Egypt
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Rajat Sahni
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Source: EmailWire.Com 
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