Digital identity verification spend to reach $16.7 billion in 2026

Spending on digital identity verification by businesses will reach $16.7 billion in 2026, from $9.4 billion in 2021, Juniper Research finds. Digital identity verification is where identity is checked using digitally verifiable elements, such as selfie … Continue reading Digital identity verification spend to reach $16.7 billion in 2026

Byos Industrial μGateway provides security and remote management for IoT devices

Byos announced the launch of the Byos Industrial μGateway (“micro-gateway”), a plug-and-play, edge security product that provides secure connectivity for Internet of Things (IoT) devices and legacy infrastructures. Delivering zero trust security throug… Continue reading Byos Industrial μGateway provides security and remote management for IoT devices

Mitek acquires ID R&D to provide protection against identity theft and dangerous fraud techniques

Mitek announced that it has acquired ID R&D, a provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection. Shareholders of ID R&D will be entitled to receive up to $49 million in Mitek stock and cash as cons… Continue reading Mitek acquires ID R&D to provide protection against identity theft and dangerous fraud techniques

Infobip acquires Anam to offer enhanced product and service offerings for mobile network operators

Infobip announces it has acquired SMS firewall service provider Anam that offers solutions to more than 80 MNOS with more than 606 million customers across the world. The purchase price remains undisclosed and consists of a combination of cash and Info… Continue reading Infobip acquires Anam to offer enhanced product and service offerings for mobile network operators

eCommerce fraud losses to surpass $20 billion this year

The value of losses due to eCommerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a growth of 18% over a single year, according to a study from Juniper Research. The research found that fraudsters have targeted con… Continue reading eCommerce fraud losses to surpass $20 billion this year

Number of users of software-based facial recognition for payments to surge

The number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020, a Juniper Research study reveals. This rapid growth of 120% demonstrates how widespread facial recognit… Continue reading Number of users of software-based facial recognition for payments to surge

Entrust acquires WorldReach to provide DX in travel and citizen identification services

Entrust announced that it has acquired WorldReach Software, a Canadian company that helps governments and travel service providers create seamless traveler experiences through the digital transformation of the trusted identification process for immigra… Continue reading Entrust acquires WorldReach to provide DX in travel and citizen identification services

Number of eSIMs installed in connected devices to reach 3.4B in 2025

The number of eSIMs installed in connected devices will increase from 1.2 billion in 2021, to 3.4 billion in 2025; representing growth of 180%, a Juniper Research study found. eSIMs are modules embedded directly into devices; providing cellular connect… Continue reading Number of eSIMs installed in connected devices to reach 3.4B in 2025

Network operator spend on multi-access edge computing to reach $8.3B by 2025

Network operator spend on multi-access edge computing (MEC) will grow from $2.7 billion in 2020, to $8.3 billion in 2025, as operators invest heavily in upgrading network capacities and infrastructure to support the increasing data generated by 5G netw… Continue reading Network operator spend on multi-access edge computing to reach $8.3B by 2025

Global number of industrial IoT connections to reach 36.8 billion by 2025

The global number of industrial IoT connections will increase from 17.7 billion in 2020 to 36.8 billion in 2025, representing an overall growth rate of 107%, Juniper Research found. The research identified smart manufacturing as a key growth sector of … Continue reading Global number of industrial IoT connections to reach 36.8 billion by 2025