Mobile Identity Management Market Size, Forecast Report, Share Report, and Outlook Overview Due in large part to the widespread use of smartphones and the demand for reliable identity solutions, the global market for mobile identity management has seen impressive growth. To improve security, both businesses and customers have embraced mobile-based authentication techniques that use biometrics like fingerprint and facial recognition. This trend has been accelerated by growing worries about data security and privacy. Corporations have been compelled to invest in sophisticated mobile identity management systems by legal obligations in industries like finance and healthcare. Because of the growing importance of digital identities in our daily lives, this industry has a bright future.