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

Market Overview:

Mobile fingerprint biometrics is a form of authentication that uses fingerprint biometrics to detect and authenticate the user’s identity. Fingerprints should be very unique to each person. Fingerprint recognition, implemented in Apple’s Touch ID for previous iPhones, was the first time a mobile biometric fingerprint authentication factor was widely used as a consumer application. This mobile fingerprint biometrics is used for different applications in many industries such as mobile banking, healthcare, transit, immigration, retail and government sectors use this mode to provide fast services and secure to customers. Mobile biometric fingerprint technology is user-friendly and is becoming much more affordable for users and consumers. It is one of the most popular and widely used biometric systems. Biometric fingerprint systems are easy to use, smaller in size and require low power due to this increased adoption of mobile biometric fingerprint systems across industries.

Main key players for Global Mobile Fingerprint Biometrics Market:

  • 3M
  • Apple
  • Bio-key
  • M2SYS technology
  • NEC
  • Samsung
  • Supreme
  • BioActivate
  • BioLink Solutions
  • Dermalog identification
  • diamond fortress
  • Fingerprint cards
  • Fujitsu
  • Fulcrum Biometrics
  • IDEX ASA
  • ImageWare

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Market Dynamics and Drivers:

Fingerprint biometrics is used for authentication in many mobile devices. It makes the recognition process simple, reliable and efficient for individuals. The benefits of biometric fingerprint technology have already enabled the widespread use of fingerprint sensors in mobile devices such as smartphones and tablets. But it has more attractive applications in many divisions of biometric fingerprint recognition, for example in banking, for payment security, account operations, as well as in automotive, wearable and household devices that power the growth of mobile fingerprint biometrics in the commercial sector. . In addition, it is used in offices or companies for login-logout purposes using software that facilitates the calculation of attendance and working time for the human resources department. Besides, it provides high security and convenience in use, time-saving and cost-effective, which has led to the increasing growth of mobile fingerprint biometrics over the projected period.

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Global Mobile Fingerprint Biometrics Market Report Highlights:

  • By service type, the AFIS technology segment is expected to hold the maximum market share in the global mobile fingerprint biometrics market during the projected period. AFIS technology offers both speed and accuracy as it is widely used in mobile fingerprint biometrics.
  • By application, the mobile banking segment is expected to grow the most in the global mobile fingerprint biometrics market during the forecast year. The banking industry needs fast and secure services and mobile fingerprint biometrics provides both and helps make the transition easy and secure.
  • By region, North America is expected to lead the global mobile fingerprint biometrics market during the projection period. Rising adoption of fingerprint biometrics across different industries in this region is driving the growth of mobile fingerprint biometrics market.

Industry key development:

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

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Global fingerprint mobile biometrics market Segmentation:

By type of service

  • AFIS Technology
  • Non-AFIS technology

By app

  • Mobile banking
  • Health care
  • travel and immigration
  • Detail
  • Hospitality
  • Government
  • Military & Defense

For this report, Introspective Market Research has segmented the global mobile fingerprint biometrics market on the basis of region:

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

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

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Report Scope:

The report encompasses all of the market size analysis in previous years for major segments and countries, along with future estimates. The study on the Global Mobile Fingerprint Biometrics Market takes an in-depth look at the competitive landscape of the global market. The study also provides the names of the major market players and the methods they used to gain a dominant position in the industry. It also includes useful market insights, dynamics, and drivers, as well as 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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