Flash Calling Authentication Market it to Reach US$ 1,6454,800.0 Million by 2033, Exhibiting a Staggering CAGR of 37.9%


The market for flash calling authentication is anticipated to be worth US$ 66,792.7 million in 2023. The market is expected to reach US$ 1,6454,800.0 million by 2033, with a CAGR of 37.9% over the forecast period.

Flash_Calling_Authentication

The market for flash calling authentication is anticipated to be worth US$ 66,792.7 million in 2023. The market is expected to reach US$ 1,6454,800.0 million by 2033, with a CAGR of 37.9% over the forecast period.

The global flash calling authentication market is expected to increase from $21.2 billion in 2021 to $46.4 billion in 2022. The market is estimated to reach $1.2 trillion by 2032, growing at a 38% CAGR over the forecast period. The market for flash calling authentication is being driven by a growing need for cost-effective alternatives to SMS and voice services. Many OTT providers and aggregators will include flash call authentication in their apps, and many OTT firms will offer these authentication alternatives as part of their services.

A2P messaging has become more used in numerous industries, including finance, transportation, logistics, healthcare, and others, as a method of conveying notices, verification, and confirmation to clients. A2P traffic growth is a concern. lucrative opportunity for mobile operators. Protecting their networks from malpractice of any kind is now their highest priority to deliver A2P services in a reliable, secure, and high-quality manner.

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Key Takeaways:

  • The global flash calling authentication market is currently valued at US$ 48.4 Bn, with a CAGR of 38% during the forecast period.
  • The United States is expected to record the highest CAGR of 37.7% between 2022 and 2032.
  • Single-factor authentication segment will grow at a CAGR of 37.8% during the forecast period.
  • In China, the market is expected to reach US$ 80.5 billion by the end of 2032 the forecast period.
  • In the U.K., the industry registered a CAGR of 36.7% during the forecast period.

Competitive Landscape

Key Players that have been profiled in the report are Apple, BBK, Bell Deutsche Telekom, Facebook Messenger, Huawei, Imo, Kakao Talk, Lenovo, LINE, Meta, Orange, Samsung, and Telefonica.

In order to establish their reputation as a recognized and profitable business firm, leading players continue to adopt R&D, collaborations, new product launches, mergers, joint ventures, product approvals, product innovations, patents, partnership agreements, digital marketing, and acquisitions, etc.

  • In November 2021, An interesting study by Juniper Research revealed that flash calls pose a new threat to the SMS revenue of network operators. Researchers at Juniper Research recommend that operators implement solutions that can identify these traffic patterns as quickly as possible. A shift to flash calling can be attributed in part to the low costs of termination, the convenience of the user experience, and the diminished likelihood of fraud.
  • In December 2021, Sinch AB (publ) announced the acquisition of Pathwire. Various sources of funding have been employed to support the acquisition, including own funds, equity, and debt facilities. The cash consideration of USD 925 million has been paid to the sellers, which includes funds managed by Thoma Bravo and Turn/River Capital, upon closing of the transaction. Additionally, Sinch plans to issue and deliver 51 million additional shares of Sinch to the Sellers, which will be provided in two equal installments (in February and May 2022).

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More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global flash calling authentication market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

Key Segments

By Authentication Type:

  • Single-factor Authentication
  • Two-factor Authentication

By Region:

  • North America
  • Europe
  • Asia Pacific
  • The Middle East and Africa
  • Latin America

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

 

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Published in

Technology ,

Published on

Jun 27, 2023

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