• About
  • Subscribe
  • Contact
Wednesday, May 7, 2025
    Login
FutureIOT
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
FutureIOT
No Result
View All Result
Home Technology Networking

Mobile Identity APIs to dominate telco revenue growth by 2029

FutureIoT Editors by FutureIoT Editors
March 17, 2025
https://www.juniperresearch.com/

https://www.juniperresearch.com/

Juniper Research forecasts that revenue from mobile identity application programming interfaces (APIs) will surge to $22 billion by 2029, up from $2.4 billion in 2025. This anticipated growth reflects a broader shift towards more secure and efficient authentication methods, driven by increasing support for network APIs that authenticate users without relying on SMS.

Mobile identity services utilise a subscriber’s phone number to verify identities across various sectors, including banking, healthcare, and online retail. As organisations seek to enhance security and streamline processes, the shift away from traditional SMS-based methods is becoming increasingly significant.

The report, titled Global Mobile Identity Market 2025-2029, highlights emerging 'verification APIs' as potential disruptors to established mobile identity solutions, particularly one-time passwords (OTPs). These verification APIs are designed to compare the phone number registered during sign-up with the one accessing the mobile network, representing a crucial growth area within the mobile identity market.

Juniper Research suggests that the enhanced security features associated with these APIs, including spoofing mitigation, will render them more valuable to digital service providers than their SMS counterparts. Georgia Allen, the research author, states, “APIs are now comparable in price to SMS, however the additional security provided by APIs alone offers a compelling value proposition that encourages enterprises to migrate mobile identity traffic rapidly.”

To ensure the sustainable growth of API usage, the report recommends that mobile identity vendors implement rate limits on the number of API calls per user. This measure aims to prevent fraudulent activities that could undermine the integrity of mobile identity services.

As industries increasingly recognise the advantages of API-driven mobile identity solutions, the potential for widespread adoption appears promising. This transition not only enhances user security but also streamlines the authentication process, paving the way for more efficient customer interactions.

As the global mobile identity market evolves, stakeholders in telecommunications and digital services will need to adapt to these changes, leveraging the advantages of APIs to meet growing consumer demands for security and efficiency.

Related:  Transforming sales
Tags: APIJuniper Researchmobile identity API
FutureIoT Editors

FutureIoT Editors

No Result
View All Result

Recent Posts

  • Surge in ambient IoT to pave the way for sustainable tech
  • Imbibing AI skills into Singapore’s future workforce today
  • Asia Pacific's AI ambitions hinge on next-generation networks
  • Gartner urges supply chain leaders to adopt cost-to-serve model
  • Navigating cyber chaos while safeguarding Asia's supply chains

Categories

  • Agriculture
  • AI and Machine Learning
  • Application
  • Application and Middleware
  • Automotive
  • Banking and Financial Services
  • Big Data and Analytics
  • Blockchain
  • Case Studies
  • Change Healthcare
  • CHRO
  • Cloud and Platforms
  • Commercial
  • Construction
  • Consumer
  • Customer Engagement
  • Devices
  • ESG
  • Future Workplace
  • FutureCOO
  • Governance, Standards and Regulations
  • Government, Healthcare and Education
  • Hospitality and Tourism
  • Industrial
  • Industry
  • IT-OT integration
  • Manufacturing
  • Networking
  • Operations
  • Research and Development
  • Retail and E-commerce
  • Security
  • Sensors and Instrumentation
  • Smart Cities
  • smart contracts
  • Smart Home
  • Start-ups
  • Supply chain
  • Technology
  • Telecommunications
  • TIBCO
  • Transportation and Logistics
  • Videos
  • Whitepapers

About FutureIoT

Asia’s ONLY dedicated IoT publication

The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

Quick Links

  • Subscribe
  • Contact
  • Privacy Policy
  • Cookie Policy
  • Terms of Use

Categories

Recent News

Photo by John Tekeridis: https://www.pexels.com/photo/round-grey-speaker-on-brown-board-1072851/

Surge in ambient IoT to pave the way for sustainable tech

May 7, 2025
Imbibing AI skills into Singapore’s future workforce today

Imbibing AI skills into Singapore’s future workforce today

May 6, 2025
  • Privacy Policy
  • Terms of Use
  • Cookie Policy

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Login to your account below

or

Not a member yet? Register here

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
Login

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Subscribe