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Fingerprint Mobile Biometrics Market 2022 with Top Countries Data Analysis by Industry Trends, Size, Share, Company Overview, and Forecast by 2028 | Introspective Market Research

Fingerprint Mobile Biometrics Market
Fingerprint Mobile Biometrics Market
Fingerprint Mobile Biometrics Market

Market Overview:

Fingerprint mobile biometrics is a form of authentication that uses fingerprint biometrics to detect and authenticate the identity of the user. Fingerprints are to be highly unique to each person. Fingerprint recognition, implemented in Apple’s Touch ID for previous iPhones, was the first time a fingerprint mobile biometric authentication factor was widely used as a mass-market application. This fingerprint mobile biometric is used for different applications in many sectors like Mobile banking, Healthcare, Transit, Immigration, Retail, and Government sectors use this mode to give quick and secure services to the customers. Fingerprint mobile biometric technology is user-friendliness and become much more affordable for users and consumers. It is one of the most popular and widely used biometric systems. Fingerprint biometric systems are easy to use, smaller in size, and require low power due to this adoption of fingerprint mobile biometric systems increased in every sector.

Major Key Players for Global Fingerprint Mobile Biometrics Market:

  • 3M
  • Apple
  • Bio-key
  • M2SYS Technology
  • NEC
  • Samsung
  • Suprema
  • BioEnable
  • BioLink Solutions
  • Dermalog Identification
  • Diamond Fortress
  • Fingerprint Cards
  • Fujitsu
  • Fulcrum Biometrics
  • IDEX ASA
  • ImageWare

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Market Dynamics and Factors:

Fingerprint biometrics is used for authentication in many mobile devices. It makes the recognition process easy, reliable, and efficient for individuals. The advantages of fingerprint biometrics technology have already allowed for the widespread use of fingerprint sensors in mobile devices like smartphones and tablets. But it has more attractive applications in many divisions of fingerprint biometrics recognition, for example in the banking sector, for payments security, account operating, and also in automotive, wearable, and home appliances that propel the growth of mobile fingerprint biometrics in the commercial sector. Additionally, it is used in offices or companies for the log-in-log-out purpose by using software that makes it easy to calculate attendance and working time for the HR department. Also, it provides high security and user convenience, time saver, and is cost-friendly which led to the increasing growth of mobile fingerprint biometrics in the projected period.

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Global Fingerprint Mobile Biometrics Market Report Highlight:

  • By service type, the AFIS technology segment is expected to have the maximum market share in the global fingerprint mobile biometrics market during the projected period. AFIS Technology provides speed and accuracy at the same time due to this it is broadly used in fingerprint mobile biometrics.
  • By application, the mobile banking segment is predicted to expand the most in the global fingerprint mobile biometrics market during the forecast year. The banking sector requires quick and secure services and fingerprint mobile biometrics provides both and helps to make an easy and secure transition.
  • By region, North America is expected to dominate the global fingerprint mobile biometrics market, during the projection period. Increasing adoption of fingerprint biometrics in different sectors of this region gives a boost the growth of fingerprint mobile biometrics market.

Key Industry Development:

  • In May 2022, IDEX Biometrics ASA announces collaboration with Verisoft A.S a payment software provider. for commercialization of biometric payment solutions in EMEA and globally. Verisoft delivers end-to-end smart card issuance solutions, ranging from personalization software, digital payment solutions, card management, and loyalty systems across 32 markets.
  • In May 2022, Fingerprint Cards AB (Fingerprints) Biometrics company and Mswipe, one of India’s leading end-to-end digital enablers for SMEs, collaborated and bring biometric debit and credit cards to India, 940 million active payment card customers are in India which is the target market for this companies.

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 Global Fingerprint Mobile Biometrics Market Segmentation:

By Service Type

  • AFIS Technology
  • Non-AFIS Technology

By Application

  • Mobile banking
  • Healthcare
  • Travel & immigration
  • Retail
  • Hospitality
  • Government
  • Military & Defense

For this report, Introspective Market Research has segmented the Global Fingerprint Mobile Biometrics Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Turkey
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Vietnam
    • Thailand
    • Rest of Asia-Pacific
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Iran
    • Rest of MEA
  • Latin America
    • Brazil
    • Argentina
    • Rest of LATAM

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Scope of the Report:

The report encompasses the entire analysis of market size in previous years for major segments and countries, as well as future estimates. The Global Fingerprint Mobile Biometrics Market study looks deeply into the worldwide market’s competitive landscape. The study also provides the names of key market players and the methods they used to gain a dominant position in the industry. It also includes useful market insights, dynamics and factors, and market analysis techniques such as PESTEL analysis, PORTER’s Five Forces analysis, value chain analysis, SWOT analysis, BCG matrix, and Ansoff matrix.

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