Press release
Device-Embedded Biometric Authentication Market size and Key Trends in terms of volume and value 2016-2026
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Global Device-Embedded Biometric Authentication Market: Market Dynamics
Increasing need for effective personal authentication in wide range applications such as ID verification, access control, electronic commerce are the factors contributes the healthy growth rate of global device-embedded biometric authentication market. Additionally, rising interest on deploying biometric authentication for verifying individual identity of users seeking access to various virtual asserts and increasing adoption mobile payment applications, accelerates the growth of device-embedded biometric authentication market globally. Also, increasing smartphone sales, growing telecommunication infrastructure and growing preference for automated identity authentication solutions across various platforms, further fuels the growth of global device-embedded biometric authentication market. However, high initial cost and technical concerns related to compatibility with existing system are the key factors likely to deter the progression of global device-embedded biometric authentication market.
Global Device-Embedded Biometric Authentication Market: Segmentation
Global device-embedded biometric authentication market can be segmented into
Type,
Technology
Type of devices,
End users
Region
On the basis of type, the global device-embedded biometric authentication market can be segmented into hardware and software
On the basis of technology, the global device-embedded biometric authentication market can be segmented into fingerprint recognition, iris recognition, face recognition, and Voice authentication
On the basis of type of devices, global device-embedded biometric authentication market can be segmented into smartphones, laptops, tablets and wearable devices.
On the basis of end-user, global device-embedded biometric authentication market can be segmented into Banking, Financial services and Insurance (BFSI), e – commerce, healthcare government and others
Regionally, global device-embedded biometric authentication market can be segmented into Regionally, Global Device-Embedded Biometric Authentication Market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.
Global Device-Embedded Biometric Authentication Market: Regional Outlook
North America followed by Western Europe is expected to dominate the market due to continuous investment to deploy new technologies and high customer preference to enhanced security solutions. Asia pacific is identified as the fastest growing market due to increasing number of smartphone users and rapid adaptation to mobile banking applications.
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Global Device-Embedded Biometric Authentication Market: Competition Landscape
The key vendors in the Global Device-Embedded Biometric Authentication Market, include HID Global, IDEX America, Inc., Gemalto NV, ImageWare Systems., FUJITSU, Fingerprint Cards AB, Techshino Technology, Apple Inc., Nuance Communications, Inc., and ArmorVox.
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