Growing trend towards secure and convenient way of authentication of devices is the key factor triggers the growth of global device-embedded biometric authentication market. Device-embedded biometric authentication is defined as the use of biometric authentication method to enhance the security and accessibility of devices, such as smartphones, tablets notebook PCs, and wearable devices.
Devices enabled with biometric authentication are embedded with necessary hardware and software for authentication. Based on the application various type of biometric authentication can be deployed, such as face, iris, voice and fingerprint authentication
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Global Device-Embedded Biometric Authentication Market: Market Dynamics
Increasing need for effective personal authentication in wide range applications such as ID verification, access control, electronic commerce are the factors contributes the healthy growth rate of global device-embedded biometric authentication market.
Additionally, rising interest on deploying biometric authentication for verifying individual identity of users seeking access to various virtual asserts and increasing adoption mobile payment applications, accelerates the growth of device-embedded biometric authentication market globally.
Also, increasing smartphone sales, growing telecommunication infrastructure and growing preference for automated identity authentication solutions across various platforms, further fuels the growth of global device-embedded biometric authentication market. However, high initial cost and technical concerns related to compatibility with existing system are the key factors likely to deter the progression of global device-embedded biometric authentication market.
Global Device-Embedded Biometric Authentication Market: Regional Outlook
North America followed by Western Europe is expected to dominate the market due to continuous investment to deploy new technologies and high customer preference to enhanced security solutions. Asia pacific is identified as the fastest growing market due to increasing number of smartphone users and rapid adaptation to mobile banking applications.
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Global Device-Embedded Biometric Authentication Market: Competition Landscape
The key vendors in the Global Device-Embedded Biometric Authentication Market, include HID Global, IDEX America, Inc., Gemalto NV, ImageWare Systems., FUJITSU, Fingerprint Cards AB, Techshino Technology, Apple Inc., Nuance Communications, Inc., and ArmorVox.
The report covers exhaustive analysis on
- Global Device-Embedded Biometric Authentication Market Segments
- Global Device-Embedded Biometric Authentication Market Dynamics
- Historical Actual Market Size, 2013 – 2015
- Global Device-Embedded Biometric Authentication Market Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- Global Device-Embedded Biometric Authentication Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Global Device-Embedded Biometric Authentication Market Drivers and Restraints
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Global Device-Embedded Biometric Authentication Market: Segmentation
On the basis of type, the global device-embedded biometric authentication market can be segmented
- hardware
- software
On the basis of technology, the global device-embedded biometric authentication market can be segmented into
- fingerprint recognition
- iris recognition
- face recognition
- Voice authentication
On the basis of type of devices, global device-embedded biometric authentication market can be segmented into
- smartphones
- laptops
- tablets
- wearable devices
On the basis of end-user, global device-embedded biometric authentication market can be segmented into
- Banking
- Financial services
- Insurance (BFSI)
- e – commerce
- healthcare government
- others
On the basis of region, global device-embedded biometric authentication market can be segmented into
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East and Africa (MEA)
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