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Mobile biometrics Market by application (access control, mobile payment, and authentication) |Future Market Scenario 2025

04-13-2018 01:00 PM CET | Industry, Real Estate & Construction

Press release from: TIP-Semi

Mobile biometrics are the biometric security tools embedded in smart phones of today's generation. This technology has become more prevalent method of accessing mobile devices. Apple was pioneer in integrating this technology with its mobile phones and tablets. Earlier, the application of these biometric devices were limited to medical and R&D purposes. But now the technology has been used in multiple industries and is anticipated to witness further advancement in coming years.

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The report aims to provide an overview of Global Mobile Biometrics Market along with detailed segmentation of market by components, authentication type, verticals and five major geographical regions. Global mobile biometrics market is expected to witness significant growth during the forecast period due to rising concerns for security and increasing penetration of mobile phones across the globe.

The market in the healthcare industry is expected to grow at the highest rate between 2016 and 2022. The proliferation of electronic health records (EHRs) and the transition of data across health information exchanges (HIEs) created a huge demand for mobile biometrics as it is essential to secure and protect these digital records. Healthcare providers are using biometric patient identification systems to ensure patient safety by ensuring that patients are accurately identified prior to treatment.

The fingerprint recognition technology is the most prominent biometrics technology that is being used at present. Most of the smartphone manufacturers such as Apple and Samsung use fingerprint recognition technology in their offerings. This strategy is being followed by emerging companies across the world. As fingerprint recognition is the most convenient technology in terms of investment and market acceptance, it is expected to lead the market during the forecast period.

Browse the Report: http://www.theinsightpartners.com/reports/mobile-biometrics-market

This industry research report identifies BioID, Crossmatch, HID Global, NEC, and Nuance Communications as the key vendors in the global mobile biometrics market. This industry research report also presents a comprehensive analysis of the market by application (access control, mobile payment, and authentication), by technology (fingerprint recognition, voice recognition, facial recognition, and others), and by geography (the Americas, APAC, and EMEA).

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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