AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Mobile Biometric Security Service market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Mobile Biometric Security Service market to grow at a CAGR of %.
The Authentication, such as Single-factor authentication, is boosting the Mobile Biometric Security Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as Individual consumers, is boosting the Mobile Biometric Security Service market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Mobile Biometric Security Service market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Growing Need for Surveillance and Security in Mobiles and Increasing Awareness in Consumers Related To Their Mobile Security.
The Mobile Biometric Security Service implies accomplishing biometric services on a mobile device such as a tablet or Smartphone. With the integration of biometric hardware or sensors, mobile device can achieve functionality of biometric. The Mobile Biometric basically perform the individual identity which is based on the physiological properties of a person like fingerprints, iris, Voice, and Face, among others. Mobile Biometrics is actually a technology by which a mobile phone can be locked or unlocked with the help of the user’s physiological properties. With the trend of BYOD policies in any organization, it is important to have high maintenance security of personal data in one’s mobile.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Mobile Biometric Security Service market by Type (Non-AFIS Technology and AFIS Technology), by Application (BFSI Sector, Retail Sector, Healthcare Sector, Law Enforcement Sector and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market