Mobile Biometric Security and Service Market 2K19 Overview, Competitors Strategy, Regional Analysis, Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts

Mobile Biometric Security and Service Market 2K19 Overview, Competitors Strategy, Regional Analysis, Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts

“Mobile Biometric Security and Service Market”
The report on the Global Mobile Biometric Security and Service Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.

Market Scenario:

The Mobile Devices such as Smartphone, tablets PCs, and laptops have become a major computing platform that allows the users to communicate and use as source of entertainment offering social connectivity. The Mobile devices are transforming the way in which the users access the personal and business information. The increasing use of internet services and mobile payments is also alarming some of the major security concerns.

The Mobile Biometric implies accomplishing biometric functionality on a mobile device such as Smartphone or tablet. Mobile device can achieve biometric functionality with the integration of sensors or biometric hardware. The Mobile Biometric can perform individual identification based on the physiological properties of a person such as fingerprints, Face, iris and Voice among others. Mobile Biometrics is a user friendly system that provides a strong security and offers various benefits such as accurate identification, scalability, versatility, and time saving and convenience. Many private and government organization are adopting the mobile biometrics to increase the productivity in various sectors such as financial services, healthcare, and border control. These are the key factors that have acted as driver for the Mobile biometric Security and service market.

Hence the market for Mobile biometric Security and service is expected to grow at ~32% CAGR (2016-2022). However, lack of awareness and misinterpretation of the mobile Biometrics technology are hindering the growth of Mobile biometric Security and Service market. The Mobile biometrics are expensive in some cases like retinal scanning and iris recognition these are also some of the restrain factors for Mobile Biometric Security and Service Market.

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Study Objectives of Mobile Biometric Security and Service Market:

  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Mobile Biometric Security and Service Market
  • To provide insights about factors affecting the market growth
  • To analyze the Mobile Biometric Security and Service Market based on various factors- supply chain analysis, porter’s five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
  • To provide country level analysis of the Market with respect to the current market size and future prospective
  • To provide country level analysis of the Market for segment by Type, Component, Platform, Industry and sub-segments.
  • To provide strategic profiling of key players in the Market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To Track and Analyze competitive developments such as Joint Ventures, Strategic Alliances, Mergers and acquisitions, new product developments, and research and developments in the Global Mobile Biometric Security and Service Market

Segments:

Global Mobile Biometric Security and Service Market has been segmented on the Basis of type, component, Platform and industry. The type includes Fingerprint recognition, face recognition, voice Recognition, Iris recognition among others. Component has been identified as fingerprint reader, Scanners, camera and computer software among others. Platform consist of Android and iOS among others whereas Industry includes banking and finance, law enforcement, military and border control, healthcare, government organization among others.

Regional Analysis

North America is dominating the market of Mobile Biometric Security and Service Market due to the increase in homeland security and government initiatives to fight cybercrime. Europe is expected to register healthy growth in the Mobile Biometric Security and Service Market due to the government policies and efforts to improve the security infrastructure for mobile devices. The large no. of portable devices when connected to the internet and services like e-passport, mobile payments are also driving the market of Mobile Biometrics.

Asia-Pacific is dominating the market of Mobile Biometric Security and Service Market due to the rising safety and security concerns with increase in the no. of smartphone and electronic gadget in regions such as China and India. The technological advancement such as internet, mobile devices, computer software and biometric innovation itself in this region is contributing the market of Mobile biometric Security and Safety Market to grow and achieve new heights.

Key Players

Market  Research  Future  (MRFR)  recognizes  the  following  companies  as  the  key  players  in  the  global  Mobile  Biometric  Security  and  Service  Market:  Apple  Inc.  (U.S.),  3M  Cogent,  Inc.  (U.S.),  Precise  Biometrics  (Sweden),  M2SYS  Technology  (U.S.),  Nuance  Communications,  Inc.  (U.S.),  Safran  SA  (France),  and  NEC  Corporation  (Japan). 

Other  Prominent  Vendors  in  the  market  are:  Crossmatch  (U.S.)  BIO-key  (U.S.),  Aware  Inc.  (U.S.),  Applied  Recognition,  Inc.  (Canada),  EyeVerify,  Inc.  (U.S.),  among  others. 

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Commenting on the report an analyst from Market Research Future (MRFR)’s team said: 

The Mobile Biometric Security and Service Market  is  registering  healthy  growth  due  to  the  rapidly  increasing  demand  of  mobile  biometric  security  for  personal  identification  and  privacy.  The  IoT  based  services  also  requires  strong  security  solutions  to  protect  the  mobile  devices  from  cyber-attacks  and  is  supporting  the  Mobile  Biometric  Security  and  Service  Market  to  grow.   

Mobile  Biometric  Security  and  Services  are  available  in  various  types  depending  on  the  feature  extraction  method  and  application.  Many  Smartphone  companies  such  as  Xiomi,  Inc.  (China),  Apple Inc.  (U.S.) and  Lenovo group,  Ltd.  (U.S.)  have  recently  launched  Smartphones  with  biometric  security  that  is  increasing  the  market  of  mobile  biometric  security  and  services. 

According  to  the  report,  Mobile  Biometric  Security  and  Service  Market  is  expected  to  reach  US  ~$46  billion  which  is  expected  to  grow  at  CAGR  of  ~35%  due  to  the  rising  demand  of  intelligent  and  efficient  security  solutions  to  lower  the  security  risks  platform  is  supporting  the  market  to  achieve  new  heights. 

The  study  was  conducted  using  an  objective  combination  of  primary  and  secondary  information  including  inputs  from  key  participants  in  the  industry.  The  report  contains  a  comprehensive  market  and  vendor  landscape  in  addition  to  a  SWOT  analysis  of  the  key  vendors.  

Intended Audience

  • Cloud Based Service providers
  • Government organizations
  • Digital Security providers

LIST OF TABLES

TABLE 1 GLOBAL MOBILE BIOMETRIC SECURITY & SERVICES MARKET, BY TYPE

TABLE 2 GLOBAL MOBILE BIOMETRIC SECURITY & SERVICES MARKET, BY COMPONENT

TABLE 3 GLOBAL MOBILE BIOMETRIC SECURITY & SERVICES MARKET, BY PLATFORM

TABLE 4 GLOBAL MOBILE BIOMETRIC SECURITY & SERVICES MARKET, BY INDUSTRY

TABLE 5 GLOBAL MOBILE BIOMETRIC SECURITY & SERVICES MARKET, BY REGIONS

Continued……

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LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 GLOBAL MOBILE BIOMETRIC SECURITY & SERVICES MARKET: BY TYPE (%)

FIGURE 3 GLOBAL MOBILE BIOMETRIC SECURITY & SERVICES MARKET: BY COMPONENT (%)

FIGURE 4 GLOBAL MOBILE BIOMETRIC SECURITY & SERVICES MARKET: BY PLATFORM (%)

FIGURE 5 GLOBAL MOBILE BIOMETRIC SECURITY & SERVICES MARKET: BY INDUSTRY (%)

Continued…….

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