mobile biometrics Market

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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