Mobile Identity Management Market (9.45% CAGR) Growth to 2020

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RnRMarketResearch.com adds Global Mobile Identity Management Market 2016-2020 latest research report, the analysts forecast global mobile identity management market to grow at a CAGR of 9.45% during the period 2016-2020.

The global mobile identity management market analyst says rising adoption of multi-factor authentication will be a key trend for market growth. Multi-factor authentication is a verification model that uses two or more different authentication methods, which act as an added security layer and help prevent unauthorized access to financial details of customers. Multi-factor authentication solutions involve the use of smart cards, phone-based authentication, and biometrics to make financial transactions on mobile devices. For instance, fingerprint biometrics technology can be used with phone-based authentication and smart card-based authentication to authenticate an individual for mobile payments.

Complete report on Mobile identity management market spread across 59 pages, analyzing 4 major companies and providing 30 data exhibits are now available at http://www.rnrmarketresearch.com/global-mobile-identity-management-market-2016-2020-market-report.html

According to the 2016 global mobile identity management market report, one of the key drivers for market growth will be privacy concerns of mobile users. The mobile threat landscape continues to grow because of the growing internet speed, cloud services, and a number of apps available on mobile devices for every age group. With more people using their smartphones for managing finances, online shopping, paying bills, and playing online games, the threat is expected to be always on the phone. Some of the mobile threats are malware, risky apps, device vulnerabilities, jailbroken and rooted devices, and rogue Wi-Fi access points.

With increasing access to the high-speed internet with 3G and 4G networks, the global mobile identity management market is anticipated to have a positive outlook in the coming years. In developed countries, mobile operators are investing heavily to expand 3G and 4G networks. The mobile operators are offering high-speed mobile broadband services that have enabled the consumers to use bandwidth-intensive applications. Moreover, high-speed internet services increase security issues for individual customers, and they need more effective mobile security solutions to avoid internet-centric malware attacks. Order a copy of Global Mobile Identity Management Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=704084

The following companies are the key players in the global mobile identity management market: CA Technologies, Centrify, Gemalto, and Oracle. Other prominent vendors in the market are: Bitdefender, BullGuard, Cisco, Fortinet, F-Secure, Juniper Networks, NetIQ, Quick Heal Technologies, SOPHOS, Trend Micro, Telstra, and TeleSign.

The Americas led the global mobile identity management market and accounted around 44% of the revenue market shares during 2015. Brazil, Mexico, the US, and Argentina are the major contributors to the growth of the mobile identity management market in the Americas because of the growing number of mobile and social media users in these countries. Moreover, it has been observed that nearly 12% of American workers allowed their colleagues to use their mobile that can access their employer’s network, which increases the risk of cyber-attacks. This is expected to result in an augmented demand for mobile security solutions in the Americas by 2020.

Global Mobile Identity Management Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers paid mobile identity applications for mobile application management (MAM) and mobile device management (MDM).

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