AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Fingerprint Mobile Biometrics 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 Fingerprint Mobile Biometrics market to grow at a CAGR of %.
The Authentication, such as Single-factor authentication, is boosting the Fingerprint Mobile Biometrics 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 Fingerprint Mobile Biometrics 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 Fingerprint Mobile Biometrics 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.
Fingerprint Mobile Biometrics is a technology by which a mobile phone can be locked or unlocked with the help of the user’s fingerprints. With the trend of BYOD policies in any organization, it is important to have high maintenance security of personal data in one’s mobile. Thus fingerprint mobile biometric technology is implemented in mobile devices in order to ensure that the right person is authorized and have access to personal and enterprise data. Increase usage of mobile phones for both private and professional use is driving the market for Fingerprint Mobile Biometrics.
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 Fingerprint Mobile Biometrics 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