openPR Logo
Press release

Global mobile biometrics market Booming With CAGR of 27.29% | Major Players Apple Inc., IDEMIA, Nuance Communications, Inc., NEC Corporation, Precise Biometrics AB

08-13-2019 04:43 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Global Mobile Biometrics Market

Global Mobile Biometrics Market

Global mobile biometrics market is expected to register a healthy CAGR of 27.29% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the large-scale rise in the applications of mobile biometrics as well as the various advancements and development of innovative technology. Few of the major competitors currently working in the global mobile biometrics market are Apple Inc., IDEMIA, Nuance Communications, Inc., NEC Corporation, Precise Biometrics AB, Gemalto NV, BIO-key: FUJITSU, ImageWare Systems, Inc., BioEnable Technologies Pvt. Ltd, Applied Recognition, Inc

Download Free PDF Sample Copy of Report@ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-mobile-biometrics-market

Global Mobile Biometrics Market By Component (Hardware, Software), Authentication Mode (Single-Factor Authentication, Multi-Factor Authentication), Application (Access Control, Mobile Banking/Payment, Authentication, Others), Industry (Consumer Electronics, Healthcare, Finance & Banking, Travel & Immigration, Government/Law Enforcement & Forensic, Military & Defense, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis

Global mobile biometrics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mobile biometrics market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: Global Mobile Biometrics Market

Mobile biometrics can be defined as the collection of various technologies, components combined together to provide security services and biometric authentication for access and other features. This consists of various software, hardware systems and applications which utilize specialised authentication services. This combination finds its application in various mobile, portable devices such as smartphones, tablets, hand-held displays among others.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

Major Market Competitors/Players

Few of the major competitors currently working in the global mobile biometrics market are Apple Inc., IDEMIA, Nuance Communications, Inc., NEC Corporation, Precise Biometrics AB, Gemalto NV, BIO-key: FUJITSU, ImageWare Systems, Inc., BioEnable Technologies Pvt. Ltd, Applied Recognition, Inc., Cognitec Systems GmbH, Fulcrum Biometrics, LLC, Neurotechnology, M2SYS Technology - KernellÓ Inc., VoicePIN.com Sp. z o.o., Verint VoiceVault Voice Authentication, Aware, Inc., Mobbeel, Veridium Ltd., Fingerprint Cards, ValidSoft, Egis Technology Inc., Shenzhen Goodix Technology Co., Ltd., Synaptics Incorporated and Qualcomm Technologies, Inc. among others.

Key Developments in the Market:

• In March 2019, Qualcomm Technologies, Inc. announced the launch of their 2nd Generation of ultrasonic fingerprint sensors. The sensors will provide greater area for recognition of fingers, it will also be able to detect heart rates of the individuals. This sensor is designed for integration in the screen itself. This will ensure better comfort and operations of the smartphones.

• In January 2019, Apple Inc. in collaboration with AuthenTec filed for a new patent with the U.S. Patent Office, pertaining to the biometric sensor which will be applied in wrist bands, watch for wrist sensing. This sensor will be able to detect the unique skin patterns for its authentication which will also be able to read unique heat signatures.

Grab Your Report at an Impressive Discount! Please click Here@ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-mobile-biometrics-market

Market Drivers:

• Increasing focus on implementing better security services in mobile devices; this factor is expected to augment growth of the market
• Rising adoption of conducting financial transactions through mobile devices is expected to foster growth of the market
• Significant rise in demand for electronic verification solutions; this factor is expected to boost the growth of the market
• Increasing prevalence of government initiatives to promote the usage of biometrics; this factor is expected to drive the growth of the market

Market Restraints:

• Apprehension in the adoption of technology due to breach and privacy issues; this factor is expected to restrain the growth of the market
• Lack of efficiency in difficult environmental conditions is expected to restrain the growth of the market
• Requirement of additional components and software integration for the successful deployment of this technology is also expected to restrict the growth of the market

Segmentation: Global Mobile Biometrics Market

By Component

• Hardware
o Fingerprint Readers
o Scanners
o Cameras
o Others
• Software
By Authentication Mode
• Single-Factor Authentication
o Fingerprint Recognition
o Voice Recognition
o Facial Recognition
o Iris Recognition
o Vein Recognition
o Retina Scan System
o Others
o Signature Recognition
• Multi-Factor Authentication
By Application
• Access Control
• Mobile Banking/Payment
• Authentication
• Others
By Industry
• Consumer Electronics
• Healthcare
• Finance & Banking
• Travel & Immigration
• Government/Law Enforcement & Forensic
• Military & Defense
• Others

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global mobile biometrics market Booming With CAGR of 27.29% | Major Players Apple Inc., IDEMIA, Nuance Communications, Inc., NEC Corporation, Precise Biometrics AB here

News-ID: 1821819 • Views: 405

More Releases from Data Bridge Market Research

Graphene Market Market a healthy CAGR of 42.16% in the forecast 2019-2026 Top Ke …
Market Analysis: Global Graphene Market Global Graphene Market is expected to rise to an estimated value by registering a healthy CAGR of 42.16% in the forecast period of 2019-2026. Increasing investment in graphene production and rising collaborations between industries are the factor for the growth of this market. Fill Out Details to Receive FREE Sample Report Copy Here https://databridgemarketresearch.com/request-a-sample/?dbmr=global-graphene-market Graphene is a highly conductive allotrope which consists of single layer of carbon
Activated Carbon Market 2019 Global Trends, Growth and Forecast 2026 Top Key Ana …
In depth analysis of the Market Global Activated Carbon Market is expected to register a healthy CAGR of 10.08% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increasing usage of the product in different purification and treatment processing in different industries. Activated carbon is a carbonaceous, highly
Portable Gas Detectors Market Growth by 2026 Global Market Analysis, Size, Share …
Portable Gas Detectors Market report analyses and presents the historic data along with the current performance of the market. The emerging trends along with major drivers, challenges and opportunities in the market are also identified and analyzed in this report. The report really serves to be a proven solution for businesses to gain a competitive advantage. Portable Gas Detectors Market report contains information about historic data, present market trends, environment,
Wireless LAN Controller Market 2019 Global key Players D-Link Corporation Huawei …
Market Analysis: Global Wireless LAN Controller Market Global Wireless LAN Controller Market is expected to rise to an estimated value of USD 3.03 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rapid rise of wireless connectivity and infrastructural requirement. A WLAN is a wireless Industry architecture that aims to meet changing network demands. A WLAN controller manages

All 5 Releases


More Releases for Mobile

Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Executive Summary Leading Asian nations prepare for 5G rollouts Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at
Mobile Safety Software
The rising popularity of mobile applications is one of the key factors responsible for the strong growth of this market during the forecast period of 2017 to 2021. It has been noted that mobile apps, such as WhatsApp, Snapchat, Facebook, YouTube, and Gmail, have gained popularity among the millennials since the past few years. Business applications, such as e-mail, calendars, and teleconferencing applications, are available for free and offer an
Mobile App Developemt Company
Logicspice has recently launched online food ordering system to make the ordering and delivery process easiest for restaurants. We can say that this is the next generation for restaurant. This food ordering system is providing mobile apps for restaurant, customers, kitchen staff and delivery persons. You can integrate this system with your existing customer website also. With the growing demand of online food delivery, this is the next big thing for
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in
Mobile gaming increases worldwide
A new publication by Hamburg-based secondary research organization yStats.com, “Global Mobile Gaming Market 2014”, reports that gamers are moving away from consoles and pre-installed PC games toward games on mobile devices such as smartphones and tablets. Mobile games are the fastest growing segment of the video game market as game-playing on mobile devices has become a major activity of Internet users worldwide, slightly ahead of online gaming on PC. Game-playing
Mobile Charting components for BlackBerry mobile platform
Girona, Catalonia, Spain – January, 2013 - Steema Software, a leading vendor of development components for web, desktop and mobile applications, announced the availability of its TeeChart Charting Library for BlackBerry mobile devices. This is the company’ first release in 2013 and with it, Steema Software extends their offering of mobile charting components to BlackBerry Mobile platform alongside current Windows Phone 7, Android and iPhone/iPad support. The BlackBerry Chart library is