Technological Advancements: Global Mobile Biometrics Market Will Post A CAGR Of 79.17% During The Period 2017-2021 – BioID, Crossmatch, HID Global, NEC, Nuance Communications

Researchmoz added Most up-to-date research on "Global Mobile Biometrics Market 2017-2021" to its huge collection of research reports.

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

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

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

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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?

Global Mobile Biometrics Industry Will Grow Steadily At A CAGR Of 103.3% During The Period 2016-2020

Researchmoz added Most up-to-date research on "Global Mobile Biometrics Market 2016-2020" to its huge collection of research reports.

Data security is a serious concern for government organizations, enterprises, and individuals. Identity badges, numeric keypads, and PINs were the most popular devices used to prevent unauthorized access to sensitive data and assets. Advances in technology led to the introduction of two-factor authentication, which allows access on the basis of hardware devices and numeric codes, but cracking these security codes was easy.

Technavios analysts forecast the global mobile biometrics market to grow at a CAGR of 103.3% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global mobile biometrics market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of biometrics solutions such as application software used in mobile devices like smartphones and tablets. The revenues do not include the hardware cost such as cameras and sensors. The revenue generated from after-sales services is also not considered.

The market is divided into the following segments based on geography:
Americas
APAC
Europe
Middle East and Africa

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=724226

Technavio's report, Global Mobile Biometrics Market 2016-2020, 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
3M Cogent
Apple
Google
NEC
Nuance Communications

Other prominent vendors
AGNITiO
Allied Time USA
AMD
Animetrics
ASUS
BioEnable
BioID
BIO-key
Cognitec Systems
Dell
Dermalog Identification Systems
Diamond Fortress
FacialNetwork
Fareclock
Fingerprint Cards
Fulcrum Biometrics
HP
IDEX ASA
ImageWare Systems
Intel Security
Kairos
KeyLemon
Lenovo
M2SYS Technology
Precise Biometrics
Samsung
SpeechPro
Suprema
VoicePass
ValidSoft
VoiceTrust
VoiceVault
Windows

Market driver
Implementation of BYOD policy in enterprises
For a full, detailed list, view our report

Market challenge
High TCO
For a full, detailed list, view our report

Market trend
Facial recognition in BFSI sector
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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