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Mobile Identities in Circulation by Application

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SOURCE RESEARCH

Mobile Credential Issuance Strategies

Presentation | 4Q 2024 | PT-2560

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Worldwide, the 2022 installed base of mobile citizen credentials arrived at 571.3 million, forecast to increase to 787.6 million by the end of 2023 at a Year-over-Year (YoY) growth of 37.8%. Huge growth of mobile credentials is expected in the years to come, illustrating the scale of opportunity in this market. The year 2028 will see 13.4% ratio of mobile to physical IDs