Market Research Report
Mobile User Authentication
|Mobile User Authentication|
Published: April 1, 2021
Global Industry Analysts, Inc.
Content info: 122 Pages
Delivery time: 1-2 business days
Global Mobile User Authentication Market to Reach $5.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Mobile User Authentication estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$5.2 Billion by 2027, growing at aCAGR of 21.9% over the period 2020-2027. Small & Medium Enterprises (SMEs), one of the segments analyzed in the report, is projected to record 23.8% CAGR and reach US$2.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Large Enterprises segment is readjusted to a revised 20.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $388 Million, While China is Forecast to Grow at 21.3% CAGR
The Mobile User Authentication market in the U.S. is estimated at US$388 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$899.3 Million by the year 2027 trailing a CAGR of 21.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.8% and 18.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.1% CAGR.
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