Global Mobile Biometrics Market 2020-2024

Global Mobile Biometrics Market 2020-2024

The author has been monitoring the mobile biometrics market and it is poised to grow by $ 15.63 bn during 2020-2024 progressing at a CAGR of 19% during the forecast period. The reports on mobile biometrics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the demand for mobile biometrics to tackle fraud and for mobile biometrics from enterprises and governments. In addition, demand for m-commerce is anticipated to boost the growth of the market as well.

The mobile biometrics market analysis includes the technology segment and geographical landscape.

The mobile biometrics market is segmented as below:

By Technology

• Fingerprint recognition
• Face recognition
• Voice recognition
• Others

By Geography landscapes

• APAC
• North America
• Europe
• South America
• MEA

This study identifies the rise of 3d sensors and in-display fingerprint sensors as one of the prime reasons driving the mobile biometrics market growth during the next few years. Also, multimodal biometrics solutions and behavioral biometrics will lead to sizable demand in the market.

The author presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The mobile biometrics market covers the following areas:

• Mobile biometrics market sizing
• Mobile biometrics market forecast
• Mobile biometrics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mobile biometrics market vendors that include Egis Technology Inc., Fingerprint Cards AB, Fujitsu Ltd., M2SYS Technology, NEC Corp., Precise Biometrics AB, Qualcomm Inc., Shenzhen Goodix Technology Co. Ltd., Synaptics Inc., and Thales Group. Also, the mobile biometrics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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 an analysis of the key vendors.

The author presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.