19 Aug, 2019

2019-2023 Mobile Biometrics Market Current Industry Size, Shares in Software,Systems Software,Software & Services sector & Year-Over-Year Growth with CAGR of 31.14%

Aug 19, 2019

Mobile Biometrics Market Report offers the past, present and future industry trends and the forecast information related to the estimated Mobile Biometrics sales revenue, Mobile Biometrics growth, Mobile Biometrics demand and supply scenario in Software, Systems Software, Software and Services sector. Moreover, the opportunities and the threats to the development of the Mobile Biometrics market are also covered at depth in this research report. Initially, the Mobile Biometrics manufacturing analysis of the major industry players based on their company profiles, annual revenue, sales margin, growth aspects is also covered in this report, which will help other players in driving business insights.

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About Mobile Biometrics market

The rapid popularity of monetary transactions done via a mobile device will act as one of the prominent growth drivers of the global mobile biometrics market. The emergence of different mobile wallet enterprises that are expanding their global reach by offering discounts to their customers will encourage usage of mobile-based monetary transactions. The availability of affordable smartphones has further fueled the demand for e-commerce. To ensure convenience and security, smartphone manufacturers are increasingly integrating biometric solutions in their product offerings. Governments in the emerging economies are encouraging the use of mobile banking solutions to offer financial services to the unbanked population. However, the market’s growth momentum will decelerate because of the decline in year-over-year growth.

Mobile BiometricsMarket 2019 Trend, Challengeand Driver: -

Market Overview

  • Demand for mobile biometrics to tackle fraud

  • The growing focus on ensuring security during data transfers have increased the demand for mobile authentication services. Mobile phone manufacturers are increasingly implementing biometric solutions in their products to ensure security in their offerings. For instance, mobile payment solutions providers such as Apple Pay request their customers to authenticate via biometrics.

  • Privacy concerns related to storing biometric data

  • The probabilities of a data breach in biometrics are high when compared with other digital authentication options such as passwords or tokens. There is a high chance of enterprises storing critical biometric information of users, which increases privacy concerns associated with the storage of biometric data. This is expected to pose a challenge to the growth of the global mobile biometrics market size.

  • For the detailed list of factors that will drive and challenge the growth of the mobile biometrics market size during 2019-2023, view our report.

Competitive Landscape

  • The market appears to be fragmented with several players occupying the market share. Companies such as Egis Technology Inc. and Fingerprint Cards AB have intensified competition. Factors such as the growing demand for e-commerce and the demand for mobile biometrics to tackle fraud will provide significant growth opportunities for mobile biometrics companies. Egis Technology Inc., Fingerprint Cards AB, Precise Biometrics AB, Shenzhen Goodix Technology Co. Ltd., and Synaptics Inc. are some of the major companies covered in this report.

Geographic Segmentation:

  • North America(UnitedStates, Canada, andMexico)

  • Europe(Germany, France, UK, Russia, andItaly)

  • Asia-Pacific(China, Japan, Korea, India, andSoutheast Asia)

  • South America(Brazil, Argentina, Colombia)

  • The MiddleEast and Africa(Saudi Arabia, UAE, Egypt, Nigeria, andSouth Africa)

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List Of Key vendorsoperating in 2019 Mobile Biometrics market space are

Egis Technology Inc., Fingerprint Cards AB, Precise Biometrics AB, Shenzhen Goodix Technology Co. Ltd., Synaptics Inc.

Consumer Landscape: -

The key to any successful business is understanding the new demands of the customers and keeping a close watch on the changing model of the client base. The more you engage with your client base, the clearer you are about the most productive ways in which to hook your ideal customer. Predicting what your customers want, even before they themselves know about it, is the first step to profitable innovation.

This Mobile Biometrics market 2019 research is a result of: -

  • Qualitative analysis: -Mobile Biometrics Market drivers, 2019 Market challenges, Market trends, Five forces analysis.

  • Quantitative analysis: -Mobile Biometrics Market size and forecast, 2019 Market segmentation, Geographical insights, Competitive landscape.

  • Primary research: - Mobile Biometrics Industry journals and periodicals, Government bodies, Annual reports of key stakeholders.

  • Secondary research: -Mobile Biometrics Manufacturers/suppliers, Channel partners, Industry experts, Strategic decision makers.

  • Data synthesis:- Collation of data, Estimation of key figures, Analysis of derived insights.

  • Data validation:- Triangulation with data models, Reference against proprietary, databases, Corroboration with industry experts.

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Table of Contents included in Mobile Biometrics Market 2019 Report -PART 01: Executive summary

PART 02: Scope of the report

  • Market overview

  • Base year

  • Forecast period

  • Market coverage

  • Market size calculation

  • Geographical segmentation

  • Vendor segmentation

PART 03: Research Methodology

  • Research methodology

  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

PART 06: Market segmentation by end-user industry

PART 07: Market segmentation by application

PART 08: Geographical Segmentation

PART 09: A Decision framework

PART 10: Impact of drivers and challengesAnd Many More Parts Covered.


Name: Mr. Ajay More

Email: sal[email protected]

Organization: 360 Market Updates

Phone: +1 424 253 0807 / + 44 203 239 8187

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Press Release Distributed by The Express Wire

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