The global mobile identity management market size is expected to reach USD 16.97 billion by 2030 and grow at a CAGR of 26.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Mobile Identity Management (MIM) solutions are becoming increasingly important as more employees use mobile devices to access company data and applications. With the advent of mobile workforces and Bring Your Own Device (BYOD) regulations, MIM solutions provide organizations with a secure and practical approach to managing user identities and accessing company resources on mobile devices. The increased adoption of mobile devices and the necessity for safe access to corporate resources from these devices are projected to drive demand for MIM solutions. Furthermore, as more organizations migrate to cloud-based services, MIM solutions will safeguard access to such services.
With the proliferation of smartphones and tablets, the need to protect user identities and ensure secure access to services and data has become paramount. This market encompasses a range of solutions such as biometric authentication, mobile single sign-on, mobile device management (MDM), and mobile application management (MAM), catering to diverse industry verticals, including finance, healthcare, government, and more. As businesses and consumers increasingly rely on mobile devices for various tasks, the mobile identity management market continues to grow to meet the evolving security needs.
Mobile identity management solutions often include robust authentication and verification mechanisms to ensure that only authorized users gain access to sensitive information and applications. This can involve various methods such as passwords, PINs, biometric authentication (e.g., fingerprint, facial recognition, iris scanning), and multifactor authentication (combining two or more authentication factors for added security). Security threats, complexity, device fragmentation, user privacy concerns, and regulatory requirements are some of the difficulties organizations encounter while implementing MIM systems. MIM solutions can be challenging to deploy and manage when connected with other systems like identity and access management (IAM) and mobile device management (MDM).
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The services segment is anticipated to observe a CAGR of 27.6% during the forecast period. The need for mobile identity management services is projected to rise owing to the growing demand among enterprises to manage the complexity of resources accessing mobile devices.
The cloud segment is anticipated to observe a CAGR of 28.1% during the forecast period. Cloud-based MIM solutions offer organizations a secure and flexible way to manage and secure essential data. With the growing benefits among enterprises for adopting cloud-based solutions, such as improved scalability, cost-effectiveness, and accessibility, they are likely to turn to cloud-based MIM solutions to manage their mobile content, boosting the market growth.
Small and medium-sized enterprises (SMEs) are anticipated to observe a CAGR of 27.4% during the forecast period. As mobile identity management influences small and medium-sized businesses (SMEs) to adopt secured identity management solutions, due to the growing importance of secured mobile devices, the SMEs surge to grow over the forecast period.
The retail segment is anticipated to observe a CAGR of 31.1% during the forecast period. The growing demand among retailers to adopt MIM solutions for digital transformation and users’ & vendors’ data accessibility is fueling the demand for the market.
Asia Pacific region is expected to grow at the fastest CAGR of 29.1% from 2024 to 2030, owing to the increasing adoption of mobile technologies and the growing digitalization of businesses in the region. Countries such as China, India, Japan, and South Korea have implemented privacy legislation and data protection that force enterprises to build robust identity and access management solutions.
Grand View Research has segmented the global mobile identity management market based on solution, professional services, deployment, enterprise size, End use, and region:
Mobile Identity Management Solution Outlook (Revenue, USD Billion, 2018 - 2030)
Software
Services
Professional Services
Managed Services
Mobile Identity Management Professional Service Outlook (Revenue, USD Billion, 2018 - 2030)
Consulting
Integration
Support And Maintenance
Mobile Identity Management Deployment Outlook (Revenue, USD Billion, 2018 - 2030)
Cloud-based
On-premises
Mobile Identity Management Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)
Small And Medium Enterprise
Large Enterprise
Mobile Identity Management End Use Outlook (Revenue, USD Billion, 2018 - 2030)
BFSI
IT and Telecom
Retail
Healthcare
Transportation and Logistics
Manufacturing
Government
Others
Mobile Identity Management Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
Latin America
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
South Africa
List of Key Players in the Mobile Identity Management Market
SOTI
AppTec360
Baramundi
Broadcom, Inc.
Oracle
Okta
IBM
Ivanti
Kaspersky Labs
ManageEngine
Micro Focus
Microsoft Corporation
SAP SE
VMware
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