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Global Mobile Biometrics Market 2014-2018

Published: Mar 6, 2014 | Pages: 61 | Publisher: Technavio | Industry: ICT | Report Format: Electronic (PDF)

Biometrics includes technology to identify fingerprint, retina, face, ear, and DNA. Images of these biometric prints are scanned and stored in a database. This image is then matched and verified when the user tries to enter company premises. This technology has made its way to mobile devices. This move is primarily influenced by iPhone and iPad which allowed the use of fingerprint authentication as a security measure.

The mobile biometrics market is predicted to grow at a 156.9% CAGR over the forecast period (2013-2018). Use of personal devices to conduct financial transactions is a major factor driving the market growth. But the economically-priced non-biometric technologies could pose a challenge to the market. The market is projected to attain almost USD 35 billion by 2020.

People are increasingly using the Internet for conducting financial transactions such as online travel booking, money transfers, mobile recharges, etc. Government and other enterprises will adopt biometric technology to prevent theft of sensitive data as well as to protect it from cyber attacks.

Personal banking is another trend driving the mobile biometrics market. Almost 49% European consumers have agreed to biometrics payments as an alternative to online banking. This is evident with many banks allowing biometric identification. For example, Investec Bank in South Africa has implemented this technology in their mobile application.

The adoption of hygienic biometric identification in the healthcare sector is expected to gain major returns for the market. Mobile payment, authentication, and access control constitute as major market applications. Mobile payment has garnered major shares for the market and expected to continue over the forecast period.

Technologies of the market include voice recognition, facial recognition, and fingerprint recognition. Fingerprint technology currently dominates, with facial and voice recognition predicted to gain shares in the coming years. End-users of the market include individuals and enterprises.

Prominent vendors operating in the mobile biometrics market are AuthenTec Inc., NEC (Nippon Electric Company) Corporation, Fujitsu Ltd., 3M Cogent, Inc., and Fulcrum Biometrics, LLC.
 Table of Contents

1. Executive Summary

2. List of Abbreviations

3. Scope of the Report
3.1 Market Overview
3.2 Product Offerings

4. Market Research Methodology
4.1 Market Research Process
4.2 Research Methodology

5. Introduction

6. Market Description
6.1 Working of Mobile Biometrics
6.2 Types of Mobile Biometrics
Face Recognition
Fingerprint Identification
Iris Recognition
Retina Recognition
Palm Vein Authentication
Voice Recognition
6.3 Applications of Mobile Biometrics

7. Market Landscape
7.1 Market Overview
7.1.1 Mobile Devices with Biometrics Solutions
7.1.2 Comparison of Biometrics Technologies
7.2 Market Size and Forecast
7.3 Global Mobile Biometrics Market by Devices
7.4 Global Mobile Biometrics Market By Technology Segmentation
7.5 End-users Forecast
7.6 Five Forces Analysis

8. Geographical Segmentation
8.1 Global Mobile Biometrics Market by Geographical Segmentation 2013-2018
8.2 Mobile Biometrics Market in North America
8.2.1 Market Size and Forecast
8.3 Mobile Biometrics Market in the APAC Region
8.3.1 Market Size and Forecast
8.4 Mobile Biometrics Market in Europe
8.4.1 Market Size and Forecast
8.5 Mobile Biometrics Market in the MEA Region
8.5.1 Market Size and Forecast
8.6 Mobile Biometrics in Latin America
8.6.1 Market Size and Forecast

9. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape
16.1 Competitive Scenario
16.2 Competitive Analysis 2013
16.3 Prominent Vendors

17. Key Vendor Analysis
17.1 3M Cogent Inc.
17.1.1 Business Overview
17.1.2 Business Segmentation
17.1.3 SWOT Analysis
17.2 AuthenTec Inc.
Business Overview
Business Segmentation
SWOT Analysis
17.3 Fujitsu Ltd.
Business Overview
Business Segmentation
SWOT Analysis
17.4 NEC Corp.
17.4.1 Business Overview
17.4.2 Business Segmentation
17.4.3 SWOT Analysis

18. Key Takeaways

19. Other Reports in this Series

List of Exhibits:

Exhibit 1: Market Research Methodology
Exhibit 2: Functioning of Biometrics in Consumer Electronics
Exhibit 3: Types of Mobile Biometrics
Exhibit 4: Comparison of Biometrics Technologies
Exhibit 5: Global Mobile Biometric Market 2014-2018 (US$ million)
Exhibit 6: Global Mobile Biometrics Market by Devices 2013
Exhibit 7: Global Mobile Biometrics Market by Technology Segmentation 2013
Exhibit 8: Global Mobile Biometrics Market by End-users (Units in million)
Exhibit 9: Global Mobile Biometrics Market by Geographical Segmentation 2013
Exhibit 10: Global Mobile Biometrics Market by Geographical Segmentation 2013-2018 (percentage)
Exhibit 11: Mobile Biometrics Market in North America 2013-2018 (US$ million)
Exhibit 12: Mobile Biometrics Market in the APAC Region 2013-2018 (US$ million)
Exhibit 13: Mobile Biometrics Market in Europe 2013-2018 (US$ million)
Exhibit 14: Mobile Biometrics Market in the MEA Region 2013-2018 (US$ million)
Exhibit 15: Mobile Biometrics in Latin America 2013-2018 (US$ million)
Exhibit 16: Business Segmentation of 3M Cogent Inc.
Exhibit 17: Business Segmentation of AuthenTec Inc.
Exhibit 18: Business Segmentation of Fujitsu Ltd.
Exhibit 19: Business Segmentation of NEC Corp.

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