Mobile Biometric Security and Services by Type (Fingerprint, Face, Voice, Iris), Component (Hardware, Software), Platform (Android, iOS), Industry (Banking and Finance, Law Enforcement, Military and Border control, Healthcare) - and Forecast 2016-2022
Market Synopsis:
According to the latest reports published by Market Research Future (MRFR), the global mobile biometric security and service market will grow at around 35% CAGR with a market valuation of USD 45 Bn. The thorough penetration of the smartphones, tablets, PCs, etc. has propelled the growth of biometric security and the same is expected to grow further during the forecast period (2016-2022).
Some of the factors that can push the market for mobile biometrics are cyber safety, economical in terms of time, convenience, reliability, etc. Private enterprises and government organizations are adopting mobile biometrics to increase productivity in sectors such as financial service, healthcare, etc. which is helping the manufacturers to tap growth opportunities.
Other factors which may adversely affect the market growth are lack of awareness, high cost associated with some features such as retinal scanning and iris recognition, etc.
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Global Mobile Biometric Security and Service Market Segmentation:
By type, the market has been segmented into fingerprint recognition, face recognition, voice recognition, and, iris recognition. Iris recognition is the next big thing in the market which is more secure than fingerprint recognition.
By component, the market is segmented into hardware (fingerprint reader, Scanners, camera), and, software (computer software).
By platform, the market has been segmented into android, and, iOS (formerly iPhone OS). Both the segments possesses the potential for growth owing to exemplary market penetration. If shareholding in the market is to be considered, the demand and supply of android OS are more because of factors like user-friendly interface, low cost, etc.
By industry, the market is segmented into banking and finance, law enforcement, military and border control, healthcare, and, government organization.
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Regional Analysis:
By region, the market has been segmented into North America, Asia Pacific, Europe, and, Rest-of-the-World (RoW). The Asia Pacific segment will be one of the dominators of the market due to rise in security concerns coupled with exponentially increased penetration of mobile phone and electronic gadgets market. This region includes the countries with the highest demand for mobile phones as well as the prominent manufacturers of mobile phones. Therefore, the demand for mobile biometrics security and service will be fueled by a boom in the mobile phone market. Other factors responsible for the bullish trend in mobile biometrics security and service market are innovation in biometrics, introduction of next-gen technology, etc.
North America and Europe segments will exhibit an upward trend in terms of market growth owing to governments’ initiatives to support cybersecurity. The government in these regions are keen on strengthening the security infrastructure for digital platforms which has fuelled the market growth for mobile biometrics. The growing number of portable devices such as e-passport, cashless payments, etc. are being connected to the internet and services which in turn is propelling the expansion of the market.
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Mobile Biometric Security and Services by Type (Fingerprint, Face, Voice, Iris), Component (Hardware, Software), Platform (Android, iOS), Industry (Banking and Finance, Law Enforcement, Military and Border control, Healthcare) - and Forecast 2016-2022Market Synopsis:According to the latest reports published by Market Research Future (MRFR), the global mobile biometric security and service market will grow at around 35% CAGR with a market valuation of USD 45 Bn.
The thorough penetration of the smartphones, tablets, PCs, etc.
has propelled the growth of biometric security and the same is expected to grow further during the forecast period (2016-2022).Some of the factors that can push the market for mobile biometrics are cyber safety, economical in terms of time, convenience, reliability, etc.
which is helping the manufacturers to tap growth opportunities.Other factors which may adversely affect the market growth are lack of awareness, high cost associated with some features such as retinal scanning and iris recognition, etc.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1864Global Mobile Biometric Security and Service Market Segmentation:By type, the market has been segmented into fingerprint recognition, face recognition, voice recognition, and, iris recognition.
Iris recognition is the next big thing in the market which is more secure than fingerprint recognition.By component, the market is segmented into hardware (fingerprint reader, Scanners, camera), and, software (computer software).By platform, the market has been segmented into android, and, iOS (formerly iPhone OS).
Both the segments possesses the potential for growth owing to exemplary market penetration.
THE IMPORTANCE OF MOBILE APPLICATION TESTING
According to www.statista.com, the number of mobile phone users is expected to pass the five billion mark by 2019, rounding up to 67 percent of population. Mobile apps are a critical component of any business: they serve as a link between customers and the service. Clients entrust their sensitive and personal information to mobile applications. At the same time, mobile malware creators are generating millions of dollars in revenue with their malicious campaigns.
Therefore, protecting data used by the mobile applications is critically important.
Market Overview Market Research Future (MRFR) confirms that the mobile security market 2020 can gain a remarkable valuation of USD 48.85 billion by 2023.
The rising need to protect the video streaming content can also induce business growth in the following years.
Major companies are working on widening their reach in the global market, by launching new and advanced products that can cater to the demand of their end-users.
COVID-19 Analysis The COVID-19 outbreak has posed a massive challenge for sectors and businesses worldwide, given the mass shutdowns of stores, offices and facilities.
Information technology has been the intrinsic core for these businesses, with cloud systems, data centers, digital devices and departmental servers largely dependent on it.
The novel coronavirus has not boosted the reliance of people on digital services to maintain social distance and ensure smooth running of the supply chain.
OWASP Mobile Security: Top 10 Risks for 2017Security in the mobile development field is important as never before.
There is a wild range of various threats that we don’t even think about.
So many aspects are escaping our consideration while it’s our first duty to ensure that all of our app’s users will be secure and none of their personal data will be stolen.
That’s why we decided to explore what is out there to teach us how to handle the security course.It’s already an established fact that every developer should follow the OWASP research about the most common vulnerabilities and attacks regarding mobile and web products.
Well, the Open Web Application Security Project (OWASP) is a worldwide known charitable organization that made their mission to improve the security of software.
Among many of their achievements, there is an OWASP Mobile Security Project, that gives the mobile developers and security teams all resources needed to create secure mobile products.
When your business or startup needs a mobile app development partner to successfully execute a project for you, getting your requirements clear is a very important first step. A major reason for failed or poorly executed app projects is neglect for a well-planned requirement gathering process, commonly known as the discovery phase. A poorly conducted or overlooked discovery phase can result in project deliverables not meeting a client’s expectations, wasting valuable time and money.
A mobile app development client questionnaire is a great starting point for requirement gathering and laying a solid foundation to build amazing software products that live up to a client’s expectations. First of all, it helps in simplifying the entire app development process. It will help the app development firms to be more knowledgeable and professional about their work from the initial stage of a new client relationship. It proves that they have a procedure to follow for their services.
Below you will find a series of questions broken down into logical categories than a professional app development company may ask you to understand your specific app development needs and provide an accurate cost and timeline estimate. If you are feeling overwhelmed, we are here to explain you the most significant questions you need to be able to answer.
