Press release
Mobile Biometric Security and Service Market: The global market is expected to grow at a CAGR of 21.33% during the forecasted period
Mobile biometric security and service find applications across a wide range of industries. In the finance sector, it is used for secure mobile banking transactions and identity verification for digital payments. In healthcare, it ensures patient privacy and secure access to electronic medical records. In the public sector, biometric identification helps law enforcement agencies in criminal investigations and border control. Moreover, the technology is also utilized for secure access to personal devices, apps, and online accounts, reducing the risk of unauthorized access.
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Key Highlights:
• The global Mobile Biometric Security and Service Market size was valued at USD 51.39 billion in 2023 growing at a CAGR of 21.33% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Mobile Biometric Security and Service Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Mobile Biometric Security and Service Market players holding high market shares include 3M Cogent, Inc., Apple Inc., Precise Biometrics and Nuance Communications, Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• 3M Cogent, Inc.
• Apple Inc.
• Precise Biometrics
• Nuance Communications, Inc.
• M2SYS Technology
• NEC Corporation
• Safran SA
• Crossmatch
• Aware Inc.
• BIO-key
Segmental Analysis
Market Segment By Component
• Hardware
• Software
• Service
Market Segment By Authentication Mode
• Single Factor Authentication
• Multi Factor Authentication
Market Segment By Industry Vertical
• Public Sector
• BFSI
• Healthcare
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
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