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Global Mobile Biometrics Market 2017-2021

Global Mobile Biometrics Market 2017-2021

About Mobile Biometrics

Biometrics refers to the verification and recognition of an individual based on one or more unique biological traits such as fingerprint, facial, iris, voice, and vein recognition. Mobile biometrics is a technology that measures and analyzes physiological patterns for the authentication or identification of a user to provide access to a mobile device. Biometric solutions are widely adopted for the safety of data in mobile devices such as smartphones, tablets, and phablets. With the use of biometrics for mobile devices, it is possible to reduce forgeries and data thefts.

Technavio’s analysts forecast the global mobile biometrics market will post a CAGR of 79.17% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mobile biometrics market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Mobile Biometrics Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BioID
  • Crossmatch
  • HID Global
  • NEC
  • Nuance Communications
Other prominent vendors
  • 3M Cogent
  • Animetrics
  • Apple Pay
  • AuthenticID
  • Aware
  • BioEnable
  • BIO-key International
  • BioRugged
  • Cognitec Systems
  • Daon
  • Egis Technology
  • EyeLock (VOXX International)
  • EyeVerify
  • FacePhi
  • Fingerprint Cards
  • Fujitsu
  • Fulcrum Biometrics
  • Google Wallet
  • IDair
  • IDEX
  • ImageWare Systems
  • LG Innotek
  • M2SYS Technology
  • OT-Morpho
  • Paypal
  • Precise Biometrics
  • Samsung Pay
  • Signicat
  • WoVo Identity Solutions
Market driver
  • Increase in the digitization of banking services
  • For a full, detailed list, view our report
Market challenge
  • High cost of the mobile biometric technology
  • For a full, detailed list, view our report
Market trend
  • NFC-based payments
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Mobile Biometrics Market 2017-2021

Technavio recognizes the following companies as the key players in the global mobile biometrics market: BioID, Crossmatch, HID Global, NEC, and Nuance Communications.

Other Prominent Vendors in the market are: 3M Cogent, Animetrics, Apple Pay, AuthenticID, Aware, BioEnable, BIO-key International, BioRugged, Cognitec Systems, Daon, Egis Technology, EyeLock (VOXX International), EyeVerify, FacePhi, Fingerprint Cards, Fujitsu, Fulcrum Biometrics, Google Wallet, IDair, IDEX, ImageWare Systems, LG Innotek, M2SYS Technology, OT-Morpho, Paypal, Precise Biometrics, Samsung Pay, Signicat, and WoVo Identity Solutions.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is NFC-based payments. Near-field communication (NFC) works if two devices are placed within a few centimeters to exchange data. It requires both devices to be equipped with an NFC chip. Apple is partnering with various financial institutions to introduce NFC-powered mobile payments. Before Apple launched NFC mobile payments, this technology had been adopted by many Android- and Microsoft Windows-based smartphones.”

According to the report, one driver in the market is increase in the digitization of banking services. The increased use of smartphones and tablets has led to a digital reformation in the banking sector. The BFSI sector is one of the prominent users of portable devices (for digital payments and cashless financial transactions). With the growing transaction volumes and the introduction of new digital payment solutions, the banking sector is challenged with the need to keep the magnitude of fraudulent activities low, without compromising on the convenience of the customers.

Further, the report states that one challenge in the market is high cost of the mobile biometric technology. The high cost of mobile biometric solutions is the major challenge faced by the global mobile biometrics market. Though the biometric readers and scanners in mobile devices offer numerous advantages over their counterparts, their TCO, which includes the implementation and maintenance costs of biometrics systems, is high. The adoption of biometric technologies in mobile devices is often accompanied by the costs associated with the implementation of application software, system integration, and middleware.

Companies Mentioned

BioID, Crossmatch, HID Global, NEC, Nuance Communications, 3M Cogent, Animetrics, Apple Pay, AuthenticID, Aware, BioEnable, BIO-key International, BioRugged, Cognitec Systems, Daon, Egis Technology, EyeLock (VOXX International), EyeVerify, FacePhi, Fingerprint Cards, Fujitsu, Fulcrum Biometrics, Google Wallet, IDair, IDEX, ImageWare Systems, LG Innotek, M2SYS Technology, OT-Morpho, Paypal, Precise Biometrics, Samsung Pay, Signicat, WoVo Identity Solutions

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
    • Biometric authentication on smartphones
    • Workflow of mobile biometrics
      • Table Workflow of mobile biometrics
    • Components of mobile biometrics
    • Comparison of biometric technologies used in mobile devices
      • Table Comparison of the biometric technologies used in mobile devices
      • Table Comparison of false acceptance rate (FAR) and false recognition rate (FRR)
    • Market landscape
    • Market overview
      • Table Global mobile biometrics market
    • Market size and forecast
      • Table Global mobile biometrics market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global mobile biometrics market by application
      • Table Global mobile biometrics market by application 2016 (% share of revenue)
      • Table Global mobile biometrics market by application 2021 (% share of revenue)
    • Global mobile biometrics market by access control
      • Table Global mobile biometrics market by access control 2016-2021 ($ billions)
    • Global mobile biometrics market by mobile payment
      • Table Global mobile biometrics market by mobile payment 2016-2021 ($ billions)
    • Global mobile biometrics market by authentication
      • Table Global mobile biometrics market by authentication 2016-2021 ($ billions)
  • Market segmentation by technology
    • Global mobile biometrics market by technology
      • Table Global mobile biometrics market by technology 2016 (% share of revenue)
      • Table Global mobile biometrics market by technology 2021 (% share of revenue)
    • Global mobile biometrics market by fingerprint recognition
      • Table Global mobile biometrics market by fingerprint recognition 2016-2021 ($ billions)
    • Global mobile biometrics market by voice recognition
      • Table Global mobile biometrics market by voice recognition 2016-2021 ($ billions)
    • Global mobile biometrics market by facial recognition
      • Table Global mobile biometrics market by facial recognition 2016-2021 ($ billions)
  • Regional landscape
    • Global mobile biometrics market by geography
      • Table Global mobile biometrics market by geography 2016-2021 (% share of revenue)
    • Regional comparison
      • Table Regional comparison
    • APAC: Market size and forecast
      • Table APAC: Market size and forecast 2016-2021 ($ billions)
      • Table APAC: Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top 3 countries in APAC
    • Americas: Market size and forecast
      • Table Americas: Market size and forecast 2016-2021 ($ billions)
      • Table Americas: Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top 3 countries in the Americas
    • EMEA: Market size and forecast
      • Table EMEA: Market size and forecast 2016-2021 ($ billions)
      • Table EMEA: Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top 3 countries in EMEA
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • NFC-based payments
    • Multifactor authentication
    • Adoption of mobile biometric payments
  • Vendor landscape
    • Competitive scenario
    • Vendor matrix
      • Table Offerings of the major vendors
      • Table Features of the mobile biometrics offered by the major vendors in the market
      • Table End-users of the mobile biometric solutions offered by the major vendors in the market
      • Table Geographic presence of the major vendors in the market
    • Comparative chart for major vendors
      • Table Comparative chart for vendors
  • Major vendor profiles
    • BioID
    • Crossmatch
    • HID Global
    • NEC
    • Nuance Communications
    • Other prominent vendors
      • Table Other prominent vendors
  • Mergers and acquisitions
    • Mergers and acquisitions in the market
      • Table Mergers and acquisitions in the global mobile biometrics market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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