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Mobile Biometrics Market Price, Trends, Growth, Demand and Forecasts To 2022

Sunday, October 16, 2016 22:57
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(Before It's News)

According to Stratistics MRC, the Global Mobile Biometrics market is expected to grow from $9.53 billion in 2015 to reach $52.61 billion by 2022 with a CAGR of 27.6%. Growth in usage of mobile devices and soaring mobile transactions are the major factors fuelling the market growth. Furthermore, increasing adoption in end user industries, rising e-commerce transactions are some of the key factors driving the market growth during the forecast period. However, data breaching and privacy issues are hampering the market growth.

Fingerprint reader is commanding the single-factor authentication mode globally with the biggest market share and is expected to grow with a high CAGR during the forecast period. Growth is attributed to increasing adoption of fingerprint reader technology by various smartphone manufacturers. North America is anticipated to hold the largest share in global mobile biometrics market. Asia Pacific is likely to grow at a fastest rate during the forecast period. 

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Some of the key players in global mobile biometrics market include 3M Cogent, Inc., Apple Inc, Applied Recognition, Inc.,., Bio-Key, Cognitec Systems GmbH, Eyeverify Inc., Fujitsu Ltd., Fulcrum Biometrics, LLC., Google, Honeywell International Inc., Imageware Systems, Inc., M2sys Technology, NEC Corporation, Neurotechnology, Nuance Communication, Inc., and Precise Biometrics AB.

Authentication Modes Covered:

Single-Factor Authentication 
  o Facial Recognition
  o Iris Recognition
  o Fingerprint Recognition
  o Vein Recognition
  o Retina Scan System
  o Voice Recognition
  o Other Authentications
Multi-Factor Authentication 

Components Covered:
Hardware Component 
  o Scanners
  o Cameras
  o Fingerprint Readers
  o Other Hardware Components

End Users Covered:
Government/Law Enforcement & Forensic
Finance & Banking 
Consumer Electronics
Travel & Immigration
Military & Defense
Other End Users

Applications Covered:
Access control
Mobile payment

What our report offers:

- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players 
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Table Of Content

1 Executive Summary 

2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 

3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 Product Analysis 
3.7 End User Analysis 
3.8 Application Analysis 
3.9 Emerging Markets 

4 Porters Five Force Analysis 
4.1 Bargaining power of suppliers 
4.2 Bargaining power of buyers 
4.3 Threat of substitutes 
4.4 Threat of new entrants 
4.5 Competitive rivalry  

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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)

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