Mobile Biometrics Market 2028 By Technology, Authentication Type, Industry Vertical and Geography | The Insight Partners

MARKET INTRODUCTION

The mobile biometrics refers to portable biometrics devices embedded in either smart phone or externally as hardware used for performing biometrics formalities. These are widely used across enterprises and government bodies for authentication and identity verification purposes. On the other hand, the technology in smartphones facilitates access control as well as secured mobile transactions. The mobile biometrics market is witnessing major technological trends such as development of faceID and iris recognition.

MARKET DYNAMICS

The mobile biometrics market is anticipated to grow in the forecast period owing to driving factors such as growing popularity of bring your own device (BYOD) systems and increasing mobile-based commerce market. However, issues associated with data privacy and data beaches may hamper the growth of the mobile biometrics market during the forecast period. Nevertheless, growing adoption across enterprises and government bodies showcases growth opportunities for the mobile biometrics market in the coming years.

MARKET SCOPE

The "Global Mobile Biometrics Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of mobile biometrics market with detailed market segmentation by technology, authentication type, industry vertical, and geography. The global mobile biometrics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading mobile biometrics market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global mobile biometrics market is segmented on the basis of technology, authentication type, and industry vertical. Based on technology, the market is segmented as face recognition, finger print recognition, iris recognition, and others. On the basis of the authentication type, the market is segmented as single factor authentication and multiple factor authentication. The market on the basis of the industry vertical is classified as BFSI, consumer electronics, healthcare, travel, government, military and defense, and others.

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global mobile biometrics market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The mobile biometrics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting mobile biometrics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the mobile biometrics market in these regions.

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MARKET PLAYERS

The reports cover key developments in the mobile biometrics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from mobile biometrics market are anticipated to lucrative growth opportunities in the future with the rising demand for mobile biometrics in the global market. Below mentioned is the list of few companies engaged in the mobile biometrics market.

The report also includes the profiles of key mobile biometrics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• American Reliance Inc. (AMREL)
• Aware, Inc.
• Fingerprint Cards AB
• Gemalto (Thales SA)
• IDEMIA
• Mobbeel Solutions S.L.L.
• NEC Corporation
• Nuance Communications, Inc.
• Precise Biometrics
• Veridium Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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