Global Fingerprint Recognition and Mobile Biometrics Market to grow at a CAGR of 215.49% during 2014 - 2019; Finds New Report

Report forecast the global fingerprint recognition and mobile biometrics market to grow at a CAGR of 215.49% during 2014-2019.

Fingerprint biometric technology matches fingerprint scan of an individual with the database to identify and verify an individual’s identity based on various features such as arch, whorl, and loop. Pattern-based algorithms is being used to match an individual's fingerprint against database to provide him access into secure premises of an organization. With advances in technology, AFIS was introduced in 1986, which is being used by a number of law enforcement agencies to identify a criminal.

With the implementation of BYOD policy in enterprises and an increase in the adoption of mobile devices among individual consumers, maintaining security of enterprise and personal data has become very important. Thus, fingerprint biometric technology is being integrated in mobile devices, which will ensure authorized access to personal and enterprise data. Integration of fingerprint biometric technology in mobile devices can be used for law enforcement for identification and verification of criminals, which helps in maintaining homeland security.

Further, government organizations are implementing the usage of mobile fingerprint biometrics to authenticate individuals for various government services such as ration distribution and electoral voting. In the education sector, mobile fingerprint biometrics can be used to maintain time and attendance of employees. Further, implementation of mobile fingerprint biometrics is also observed in cashless vending services to identify students.     

This report covers the present scenario and the growth prospects of the global fingerprint and mobile biometrics market for 2015-2019. To calculate the market size, the report considers revenue generated from the sales of biometric solutions including sensors, scanners, software, and integrated solutions offered by vendors for mobile devices such as smartphones and tablets. Revenues generated from after-sales services are not included to calculate the market size. Netbooks and laptops are not included in the scope of the report.

The report provides a detailed analysis of the following:

• End-users: Enterprise users and individual consumers
• Geographies: North America, APAC, Europe, Latin America, and MEA

Global Fingerprint Recognition and Mobile Biometrics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, a number of mobile devices such as smartphones, tablets, and laptops are integrated with mobile fingerprint biometrics to ensure device protection and identity verification while making payment transactions to avoid financial fraud. Further, the market is driven by usage of mobile fingerprint biometrics to maintain residential security.

Key regions

• APAC
• Europe
• Latin America
• MEA
• North America

Key players in the Global Fingerprint and Mobile Biometrics Market:  3M, Apple, Bio-key, M2SYS Technology and NEC

Other Prominent Vendors in the market are: BioEnable, BioLink Solutions, Dermalog Identification, Diamond Fortress, Fingerprint cards, Fujitsu, Fulcrum Biometrics, IDEX ASA, ImageWare, Precise, Samsung, and Suprema.

Emerging trends

• Single sign-on
• For a full, detailed list, view our report

Key market challenge

• Security concerns
• For a full, detailed list, view our report

Key market trends in various sectors

• BFSI sector
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 82 pages “Global Fingerprint Mobile Biometrics Market - Research Report 2015-2019” report covers Executive Summary, Scope of the Report, Market research methodology, Introduction, Market description, New market developments, Emerging trends, Market landscape, Product lifecycle analysis, Market segmentation  by application, Market segmentation by end user, Geographical segmentation,  Market inhibitors, Market trends in various sectors, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://mrr.cm/od4

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