Mobile Identification Market Report 2025

The mobile identification market size has grown rapidly in recent years. It will grow from $12.31 billion in 2024 to $13.94 billion in 2025 at a compound annual growth rate (CAGR) of 13.3%. The growth during the historic period was driven by the increasing use of biometric authentication, the rise of mobile banking, higher incidences of identity theft, early adoption of multi-factor authentication (MFA) solutions, and the widespread use of social media platforms.

The mobile identification market size is expected to see rapid growth in the next few years. It will grow to $22.66 billion in 2029 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period is expected to be driven by the adoption of blockchain for identity verification, the expansion of 5G networks, the rise of decentralized identity solutions, and increasing reliance on cloud-based services. Key trends during this period include cloud-native identity platforms, privacy-enhancing technologies, the convergence of identity and access management, the growth of passwordless authentication, and the integration of identity solutions with Internet of Things (IoT) devices.

Rising fraud losses are expected to drive growth in the mobile identification market. Fraud losses, caused by theft, scams, or unauthorized transactions, are increasing due to the rise in digital transactions and mobile usage, which heightens the risk of unauthorized access and financial fraud. Mobile identification solutions enhance digital security by providing real-time identity verification, making them critical for banking, e-commerce, and mobile services. These solutions help reduce fraud by enabling secure authentication and detecting unauthorized activities, improving trust and convenience for users. For instance, in May 2025, UK Finance reported that unauthorized fraud losses in the UK rose 2% to approximately $915 million (£722 million), with 3.13 million confirmed cases in 2024, a 14% increase from 2023.

Companies in the mobile identification market are focusing on advanced digital identity and security solutions to prevent fraud and strengthen user authentication. These solutions verify identities, authenticate access, and detect fraudulent activity in real time. In February 2023, Route Mobile Limited, an India-based CPaaS provider, launched TruSense, a digital identity suite that uses artificial intelligence and machine learning for secure authentication without one-time passwords. The platform also mitigates threats such as identity theft, SIM swaps, phishing, and account takeovers while maintaining a seamless digital experience.

In February 2025, US-based LexisNexis Risk Solutions acquired UK-based IDVerse for an undisclosed amount. This acquisition enhances LexisNexis’s mobile identity verification offerings, integrating AI-powered biometric and document authentication to strengthen fraud prevention and expand mobile ID solutions.

Major players in the mobile identification market are International Business Machines Corporation, Cisco Systems Inc., Fujitsu Limited, NEC Corporation, Thales Group, IDEMIA, Trend Micro Incorporated, HID Global Corporation, Sophos Ltd., RSA Security USA LLC, Mitek Systems Inc., F-Secure Corporation, Veriff Oy, Prove Identity Inc., Veridos GmbH, Regula Ltd., SecureAuth Corp, AU10TIX Ltd., TeleSign Corporation, Micro Focus International plc, Nok Nok Labs Inc., and TMT ID Solutions Pvt. Ltd.

North America was the largest region in the mobile identification market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in mobile identification report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the mobile identification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the information technology sector, particularly in hardware manufacturing, data infrastructure, and software deployment. Higher duties on imported semiconductors, circuit boards, and networking equipment have raised production and operational costs for tech firms, cloud service providers, and data centers. Companies relying on globally sourced components for laptops, servers, and consumer electronics are facing longer lead times and increased pricing pressures. In parallel, tariffs on specialized software tools and retaliatory measures from key international markets have disrupted global IT supply chains and reduced overseas demand for U.S.-developed technologies. To navigate these challenges, the sector is accelerating investments in domestic chip fabrication, diversifying supplier bases, and adopting AI-driven automation to enhance operational resilience and cost efficiency.

Mobile identification is the process of verifying and authenticating a user’s identity through their mobile device, typically using SIM-based credentials, biometric data, or device-specific identifiers. Its main objective is to provide secure access to digital services, prevent fraud, and enable smooth authentication across mobile platforms and applications. It finds widespread use in banking, telecommunications, and online services to strengthen security and build user trust.

The primary components of mobile identification include biometrics, non-biometrics, and related services. Biometric mobile identification verifies a user’s identity on a mobile device using unique biological traits such as fingerprints, facial recognition, or iris scans. It can operate in cloud-based or on-premise modes and is applied in identity verification, access control, payment processing, event ticketing, and travel and immigration. End users include sectors such as consumer electronics, banking and financial services, healthcare, government, and retail.

The mobile identification market research report is one of a series of new reports that provides mobile identification market statistics, including mobile identification industry global market size, regional shares, competitors with a mobile identification market share, detailed mobile identification market segments, market trends and opportunities, and any further data you may need to thrive in the mobile identification industry. This mobile identification market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The mobile identification market consists of revenues earned by entities by providing services such as cloud-based identity verification, managed identity services, mobile identity lifecycle management, identity proofing solutions, and risk-based authentication services. The market value includes the value of related goods sold by the service provider or included within the service offering. The mobile identification market also includes sales of authentication apps, SIM-based identity solutions, biometric verification tools, mobile security devices, and digital identity management platforms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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