Global Mobile Identity Market 2025-2029 Competitor Analysis

This document is a report prepared for Vonage that outlines the competitive landscape of the global mobile identity market from 2025 to 2029. It identifies leading mobile identity vendors, focusing on 18 key players selected by Juniper Research based on various criteria. The report discusses the declining trend of SMS one-time passwords (OTPs) due to factors such as inflated traffic and rising fraudulent activities, predicting an 18% decrease in SMS OTP traffic during the forecast period. It emphasizes the shift towards alternative authentication solutions, particularly over-the-top (OTT) channels and number verification APIs, which are expected to grow in usage and revenue. The report highlights Vonage's position as a market leader, detailing its partnerships and product offerings, including silent verification APIs and number verification APIs. It also notes the importance of implementing security measures like rate limiting to protect authentication processes. The document serves as a comprehensive analysis of market trends and competitive positioning within the mobile identity sector.