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Mobile Biometric Market: Global Industry Analysis and Forecast 2017 - 2025

08-03-2017 02:42 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Mobile Biometric Market: Global Industry Analysis and Forecast

Mobile Biometric Market: Introduction

Advancement of security technologies lead to develop innovative security solutions to provide comprehensive security services. Biometric technology is one of the important security solution among innovative security solution. Government organization, banks and financial institutions has been installing these biometric solutions to secure their premises. In the recent era, biometric solution providers has developed mobile biometric solution to take advantage smartphones, tablets, other types of handhelds, wearable technology, and Internet of Things devices for versatile deployment capabilities. These new solution gaining traction in the market across law enforcement, healthcare and airline industry for identifying crime and the identification of persons of interest in the field.

Get access to full summary @: http://www.persistencemarketresearch.com/market-research/mobile-biometric-market.asp

Mobile Biometric Market: Drivers and Challenges

Increasing usage of biometric feature in smartphone, growing adoption of mobile biometric in crime identification and government regulation drive the mobile biometric market. Most of the smartphones are integrated with biometric feature due to increasing demand for more secured devices. Law enforcement and police department use these technologies to mitigate crime incidents across the globe. It has been observed that government regulation to encourage the adoption of biometric solution in enterprises that rise the demand for mobile biometric solution.

The major challenges in this market are concern about data privacy and data breach on mobile biometric devices and high cost for mobile biometric system installation. These two challenges hinders the market growth.

Mobile Biometric Market: Segmentation

Segmentation on the basis of enterprises: Large-scale Enterprises, Medium-scale Enterprises, Small-scale Enterprises. Segmentation on the basis of industry: Retail, Healthcare, Telecom, BFSI, Media & Entertainment, Military & Defense, Others.

Key Market Players in Mobile Biometric Market:

Some of the key market players in Mobile Biometric market are Apple Inc., Safran SA, Nuance Communication, Inc., Precise Biometrics AB, 3M Cogent, Inc., Fujitsu Ltd., and Honeywell International Inc.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/13522

Mobile Biometric Market: Regional Overview

Mobile Biometric market is currently dominated by North America region and this region will have largest market share in the forecasting period due to increasing focus of major industry verticals including government, BFSI, and among others on mobile biometric solution to secure their premises from unauthorized access. Europe Mobile Biometric market is accounted second largest market share, as this region is more influenced by government regulation. Asia-Pacific excluding Japan Mobile Biometric market expected to have high growth rate, as increasing usage of mobile technologies to provide more secured services.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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