Press release
Global Mobile Biometrics Market Expected To Grow At CAGR Of 79.17% Between Years 2017-2021
Biometrics refers to the verification and recognition of an individual based on one or more unique biological traits such as fingerprint, facial, iris, voice, and vein recognition. Mobile biometrics is a technology that measures and analyzes physiological patterns for the authentication or identification of a user to provide access to a mobile device. Biometric solutions are widely adopted for the safety of data in mobile devices such as smartphones, tablets, and phablets. With the use of biometrics for mobile devices, it is possible to reduce forgeries and data thefts.
Technavios analysts forecast the global mobile biometrics market will post a CAGR of 79.17% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global mobile biometrics market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Mobile Biometrics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BioID
Crossmatch
HID Global
NEC
Nuance Communications
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Other prominent vendors
3M Cogent
Animetrics
Apple Pay
AuthenticID
Aware
BioEnable
BIO-key International
BioRugged
Cognitec Systems
Daon
Egis Technology
EyeLock (VOXX International)
EyeVerify
FacePhi
Fingerprint Cards
Fujitsu
Fulcrum Biometrics
Google Wallet
IDair
IDEX
ImageWare Systems
LG Innotek
M2SYS Technology
OT-Morpho
Paypal
Precise Biometrics
Samsung Pay
Signicat
WoVo Identity Solutions
Market driver
Increase in the digitization of banking services
For a full, detailed list, view our report
Market challenge
High cost of the mobile biometric technology
For a full, detailed list, view our report
Market trend
NFC-based payments
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
Biometric authentication on smartphones
Workflow of mobile biometrics
Components of mobile biometrics
Comparison of biometric technologies used in mobile devices
PART 05: MARKET LANDSCAPE
Market overview
Market size and forecast
Five forces analysis
PART 06: MARKET SEGMENTATION BY APPLICATION
Global mobile biometrics market by application
Global mobile biometrics market by access control
Global mobile biometrics market by mobile payment
Global mobile biometrics market by authentication
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
Global mobile biometrics market by technology
Global mobile biometrics market by fingerprint recognition
Global mobile biometrics market by voice recognition
Global mobile biometrics market by facial recognition
PART 08: REGIONAL LANDSCAPE
Global mobile biometrics market by geography
Regional comparison
APAC: Market size and forecast
Americas: Market size and forecast
EMEA: Market size and forecast
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
NFC-based payments
Multifactor authentication
Adoption of mobile biometric payments
PART 12: VENDOR LANDSCAPE
Competitive scenario
Vendor matrix
Comparative chart for major vendors
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