Global Mobile Biometric Market Report Size, Trends & Growth Opportunity, By Authentication Mode (Single Factor Authentication, Multi-Factor Authentication), By Technology (Fingerprint Recognition, Voice Recognition, Face Recognition, Others), By End User Industry (Public Sector, BFSI, Healthcare, IT and Telecommunication, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East), And Forecast Till 2030.
Global Mobile Biometric Market
The Global Mobile Biometric Market is estimated to be USD 32.50 Bn in 2022 and is projected to reach USD 210.00 Bn by 2030, growing at a CAGR of 19.57%.
An approach that is designed to validate an individual’s identity that holds ownership of a mobile device and is used as an inimitable biometric identifier is a Mobile biometric solution.
Market Drivers
The major factors that drive the market growth are increasing demands for appropriate verification methods and a growing number of cyber-attacks as old-style methods of verification, such as signatures and text-based credentials, are tough for users to use because they are so weak to contemporary cyberattacks.
Furthermore, assurance Of Higher Security with Biometrics Usage is boosting the market growth as the growing demand for intelligence security devices in mobile devices to protect the data kept in the devices, like bank account information, photos, contacts, and other personalized data.
Market Restraints
The major restraining factor that hampers the market is incorrect and wrong results through biometrics. Additionally, intricate installation and infrastructural requirements also hinder market growth.
Market Segmentation
The Mobile Biometric Market is segmented into major 4 categories. Based on Authentication Mode, the market is segmented into Single Factor Authentication and Multi-Factor Authentication. Based on the End User Industry, the market is divided into Public Sector, BFSI, Healthcare, IT and Telecommunication, and Others. Based on the Technology, the market is segmented into Fingerprint Recognition, Voice Recognition, Face Recognition, and Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
North America is expected to dominate the global market during the forecast period owing to the region's high attentiveness to companies offering mobile biometric solutions.
Asia Pacific is likely to witness lucrative growth because of the existence of highly populated countries like China, India, Japan, and Others with the accessibility of a large number of populations, and the growing number of mobile users.
Market Key Players
Some of the key players operating in the Global Mobile Biometric Market are 3M, Apple, Inc., Aware, Inc., BIO-Key International, HID Global Corporation, M2SYS Technology, NEC Corporation, Nuance Communications, Precise Biometrics AB, Safran, Inc.
Industry development
Jun-2022: Aware launched Knomi, a highly secure authentication alternative to the password. This authentication platform allows organizations to take advantage of the biometric sensors that come built-in with modern smartphones. The technology is designed to mitigate the threat of identity theft and eliminate the risk of data breaches that go along with passwords.
Aug-2021: BIO-key unveiled a new, Android-based point of sale (POS) solution featuring FBI-certified capacitive fingerprint biometrics. This fingerprint biometric can also be deployed in other scenarios, including microfinance, SIM registration, and inventory management. The solution supports BIO-key fingerprint and contactless PalmPositive biometric technologies and comes with some interesting specs and features.
Market Taxonomy
By Technology
• Fingerprint Recognition
• Voice Recognition
• Face Recognition
• Others
By Authentication Mode
• Single Factor Authentication
• Multi-Factor Authentication
By End User Industry
• Public Sector
• BFSI
• Healthcare
• It And Telecommunication
• Others
By Region
• North America
• The U.S.
• Canada
• Mexico
• Latin America
• Brazil
• Argentina
• Colombia
• Peru
• Chile
• Venezuela
• Rest of Latin America
• Europe
• Germany
• France
• UK
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• New Zealand
• Singapore
• Malaysia
• Rest of Asia Pacific
• Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest the Middle East & Africa
Key Question Addressed by the Report
· What are the Key Opportunities in the Global Clove Bud Essential Oil Market?
· What will be the growth rate from 2023 to 2030?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?
Global Mobile Biometric Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Mobile Biometric Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Mobile Biometric Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Mobile Biometric Market Share Analysis, By Technology
5.3 Mobile Biometric Market Size and Forecast, By Technology
5.3.1 Fingerprint Recognition
5.3.2 Voice Recognition
5.3.3 Face Recognition
5.3.4 Others
6 Mobile Biometric Market, By Authentication Mode
6.1 Y-o-Y Growth Comparison, By Authentication Mode
6.2 Mobile Biometric Market Share Analysis, By Authentication Mode
6.3 Mobile Biometric Market Size and Forecast, By Authentication Mode
6.3.1 Single Factor Authentication
6.3.2 Multi Factor Authentication
7 Mobile Biometric Market, By End User Industry
7.1 Y-o-Y Growth Comparison, By End User Industry
7.2 Mobile Biometric Market Share Analysis, By End User Industry
7.3 Mobile Biometric Market Size and Forecast, By End User Industry
7.3.1 Public Sector
7.3.2 BFSI
7.3.3 Healthcare
7.3.4 IT and Telecommunication
7.3.5 Others
8 Mobile Biometric Market, By Region
8.1 Mobile Biometric Market Share Analysis, By Region
8.2 Mobile Biometric Market Share Analysis, By Region
8.3 Mobile Biometric Market Size and Forecast, By Region
9 North America Mobile Biometric Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Mobile Biometric Market Share Analysis, By Technology
9.3 North America Mobile Biometric Market Size and Forecast, By Authentication Mode
9.4 North America Mobile Biometric Market Size and Forecast, By End User Industry
9.5 North America Mobile Biometric Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Technology
9.5.1.2 Market Size and Forecast, By Authentication Mode
9.5.1.3 Market Size and Forecast, By End User Industry
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Technology
9.5.2.2 Market Size and Forecast, By Authentication Mode
9.5.2.3 Market Size and Forecast, By End User Industry
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Technology
9.5.3.2 Market Size and Forecast, By Authentication Mode
9.5.3.3 Market Size and Forecast, By End User Industry
10 Europe Mobile Biometric Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Mobile Biometric Market Share Analysis, By Technology
10.3 Europe Mobile Biometric Market Size and Forecast, By Authentication Mode
10.4 Europe Mobile Biometric Market Size and Forecast, By End User Industry
10.5 Europe Mobile Biometric Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Technology
10.5.1.2 Market Size and Forecast, By Authentication Mode
10.5.1.3 Market Size and Forecast, By End User Industry
10.5.2 France
10.5.2.1. Market Size and Forecast, By Technology
10.5.2.2 Market Size and Forecast, By Authentication Mode
10.5.2.3 Market Size and Forecast, By End User Industry
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Technology
10.5.3.2 Market Size and Forecast, By Authentication Mode
10.5.3.3 Market Size and Forecast, By End User Industry
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Technology
10.5.4.2 Market Size and Forecast, By Authentication Mode
10.5.4.3 Market Size and Forecast, By End User Industry
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Technology
10.5.5.2 Market Size and Forecast, By Authentication Mode
10.5.5.3 Market Size and Forecast, By End User Industry
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Technology
10.5.6.2 Market Size and Forecast, By Authentication Mode
10.5.6.3 Market Size and Forecast, By End User Industry
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Technology
10.5.7.2 Market Size and Forecast, By Authentication Mode
10.5.7.3 Market Size and Forecast, By End User Industry
11 Asia Pacific Mobile Biometric Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Mobile Biometric Market Share Analysis, By Technology
11.3 Asia Pacific Mobile Biometric Market Size and Forecast, By Authentication Mode
11.4 Asia Pacific Mobile Biometric Market Size and Forecast, By End User Industry
11.5 Asia Pacific Mobile Biometric Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Technology
11.5.1.2 Market Size and Forecast, By Authentication Mode
11.5.1.3 Market Size and Forecast, By End User Industry
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Technology
11.5.2.2 Market Size and Forecast, By Authentication Mode
11.5.2.3 Market Size and Forecast, By End User Industry
11.5.3 India
11.5.3.1. Market Size and Forecast, By Technology
11.5.3.2 Market Size and Forecast, By Authentication Mode
11.5.3.3 Market Size and Forecast, By End User Industry
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Technology
11.5.4.2 Market Size and Forecast, By Authentication Mode
11.5.4.3 Market Size and Forecast, By End User Industry
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Technology
11.5.5.2 Market Size and Forecast, By Authentication Mode
11.5.5.3 Market Size and Forecast, By End User Industry
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Technology
11.5.6.2 Market Size and Forecast, By Authentication Mode
11.5.6.3 Market Size and Forecast, By End User Industry
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Technology
11.5.7.2 Market Size and Forecast, By Authentication Mode
11.5.7.3 Market Size and Forecast, By End User Industry
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Technology
11.5.8.2 Market Size and Forecast, By Authentication Mode
11.5.8.3 Market Size and Forecast, By End User Industry
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Technology
11.5.9.2 Market Size and Forecast, By Authentication Mode
11.5.9.3 Market Size and Forecast, By End User Industry
12 Latin America Mobile Biometric Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Mobile Biometric Market Share Analysis, By Technology
12.3 Latin America Mobile Biometric Market Size and Forecast, By Authentication Mode
12.4 Latin America Mobile Biometric Market Size and Forecast, By End User Industry
12.4 Latin America Mobile Biometric Market Size and Forecast, Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Technology
12.5.1.2 Market Size and Forecast, By Authentication Mode
12.5.1.3 Market Size and Forecast, By End User Industry
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Technology
12.5.2.2 Market Size and Forecast, By Authentication Mode
12.5.2.3 Market Size and Forecast, By End User Industry
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Technology
12.5.3.2 Market Size and Forecast, By Authentication Mode
12.5.3.3 Market Size and Forecast, By End User Industry
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Technology
12.5.4.2 Market Size and Forecast, By Authentication Mode
12.5.4.3 Market Size and Forecast, By End User Industry
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Technology
12.5.5.2 Market Size and Forecast, By Authentication Mode
12.5.5.3 Market Size and Forecast, By End User Industry
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Technology
12.5.6.2 Market Size and Forecast, By Authentication Mode
12.5.6.3 Market Size and Forecast, By End User Industry
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Technology
12.5.7.2 Market Size and Forecast, By Authentication Mode
12.5.7.3 Market Size and Forecast, By End User Industry
13 Middle East Mobile Biometric Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Mobile Biometric Market Share Analysis, By Technology
13.3 Middle East Mobile Biometric Market Size and Forecast, By Authentication Mode
13.4 Middle East Mobile Biometric Market Size and Forecast, By End User Industry
13.5 Middle East Mobile Biometric Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Technology
13.5.1.2 Market Size and Forecast, By Authentication Mode
13.5.1.3 Market Size and Forecast, By End User Industry
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Technology
13.5.2.2 Market Size and Forecast, By Authentication Mode
13.5.2.3 Market Size and Forecast, By End User Industry
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Technology
13.5.3.2 Market Size and Forecast, By Authentication Mode
13.5.3.3 Market Size and Forecast, By End User Industry
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Technology
13.5.4.2 Market Size and Forecast, By Authentication Mode
13.5.4.3 Market Size and Forecast, By End User Industry
13.5.5 South Africa
13.5.5.1. Market Size and Forecast, By Technology
13.5.5.2 Market Size and Forecast, By Authentication Mode
13.5.5.3 Market Size and Forecast, By End User Industry
13.5.6 Rest of Middle East & Africa
13.5.6.1. Market Size and Forecast, By Technology
13.5.6.2 Market Size and Forecast, By Authentication Mode
13.5.6.3 Market Size and Forecast, By End User Industry
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 3M
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Apple, Inc.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Aware, Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 BIO-Key International
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 HID Global Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 M2SYS Technology
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 NEC Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Nuance Communications
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Precise Biometrics AB
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Safran, Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
