Mobile Biometrics Market to Grow by $ 12.56 bn through 2021-2025
Key Drivers and Market Trends
Demand for m-commerce and are among the key factors likely to drive market growth. The Global Mobile biometrics market is expected to grow by $ 12.56 bn, accelerating at a CAGR of about 11.59% till 2025. This research report analyses all the growth drivers that are likely to boost market growth along with market trends. The report also assesses the market segments and regional segments to provide a comprehensive analysis of the market in focus. The purpose of this research report is to create a 360-degree view of the market for our clients. The key takeaways from this report will equip our client with clear insights to strategize future growth plans.
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Mobile Biometrics Market: Segments and Geographical Regions
- This report segments the market Technology (fingerprint recognition, face recognition, voice recognition, and others), Application (access control, mobile payment, and authentication), and Geography (APAC, North America, Europe, South America, and MEA).
- 32% of the market growth will originate from APAC during the forecast period.
- This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report
Mobile Biometrics Market: Vendor Analysis
- The market is fragmented due to the presence of several players.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- Egis Technology Inc., Fingerprint Cards AB, Fujitsu Ltd., M2SYS Technology, NEC Corp., Precise Biometrics AB, Shenzhen Goodix Technology Co. Ltd., Synaptics Inc., Thales Group, and Verint Systems Inc. are some of the major market participants.
Market Segmentation by Technology
- Mobile Biometrics Market Split by Technology
- fingerprint recognition
- face recognition
- voice recognition
- others
- Mobile Biometrics Market Split by Application
- access control
- mobile payment
- authentication
- Mobile Biometrics Market Split by Geography
- APAC
- North America
- Europe
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Egis Technology Inc.
- Fingerprint Cards AB
- Fujitsu Ltd.
- M2SYS Technology
- NEC Corp.
- Precise Biometrics AB
- Shenzhen Goodix Technology Co. Ltd.
- Synaptics Inc.
- Thales Group
- Verint Systems Inc.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of about 11.59%.
- What is the incremental growth of the market?
The market is expected to grow by $ 12.56 bn through 2021-2025.
- What is a key factor driving this market?
Demand for m-commerce will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
32% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Egis Technology Inc., Fingerprint Cards AB, Fujitsu Ltd., M2SYS Technology, NEC Corp., Precise Biometrics AB, Shenzhen Goodix Technology Co. Ltd., Synaptics Inc., Thales Group, and Verint Systems Inc.
- What are the market segments covered in this report?
The market is segmented by Technology (fingerprint recognition, face recognition, voice recognition, and others), Application (access control, mobile payment, and authentication), and Geography (APAC, North America, Europe, South America, and MEA)
