Dallas,TX (PRWEB) January 21, 2015
The integration of biometrics in two-factor authentication devices is one of the major trends witnessed in the market. Incorporating biometrics in these devices is a cost-effective approach and also provides strong security. Authentication solutions such as mobile phone-based authentication include biometrics options such as voice biometrics or fingerprint recognition.
According to the mobile biometrics market report, an increase in identity and data theft is one of the major drivers in the market. The increased usage of websites and web applications has resulted in high instances of identity and data theft. Social networking and online gaming sites also add to the threat.
Furthermore, the report states that lack of accuracy is one of the major challenges in the market. Certain accuracy issues of biometric solutions lead to unauthorized access. Also, vendors undergo several trials of a product prior to its launch in the market to achieve high accuracy and low error rates, which increases the price of the product.
Order a copy of this report at (Prices start at US $2,500 for a single user PDF) http://www.reportsnreports.com/Purchase.aspx?name=327283.
Key players in the Global Mobile Biometrics Market 2015-2019 are 3M Cogent Inc., Apple Inc., Fujitsu Ltd. and NEC Corp.
Other prominent vendors in the market are BioEnable Technologies, ImageWare Systems, M2SYS, Mobbeel, Precise Biometrics and SIC Biometrics.
For more information, inquire at http://www.reportsnreports.com/contacts/InquiryBeforeBuy.aspx?name=327283.
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Applications of Biometrics
Exhibit 3: Types of Mobile Biometrics
Exhibit 4: Biometric Systems Registration
Exhibit 5: Functioning of Biometric Systems
Exhibit 6: Product Lifecycle of Mobile Biometrics
Exhibit 7: Global Mobile Biometrics Market 2014-2019 (US$ million)
Exhibit 8: Global Mobile Biometrics Market by Application 2014-2019
Exhibit 9: Global Mobile Biometrics Market for Access Control 2014-2019 (US$ million)
Exhibit 10: Global Mobile Biometrics Market for Mobile Payment 2014-2019 (US$ million)
Exhibit 11: Global Mobile Biometrics Market for Access Control 2014-2019 (US$ million)
Exhibit 12: Global Mobile Biometrics Market by Technology 2014
Exhibit 13: Global Mobile Biometrics Market by Application 2014-2019
Exhibit 14: Global Mobile Fingerprint Recognition Biometrics Market 2014-2019 (US$ million)
Exhibit 15: Global Mobile Voice Recognition Biometrics Market for Voice Recognition 2014-2019 (US$ million)
Other Reports on IT & Telecommunication Market –
One major upcoming trend in this market is the emergence of mobile biometrics systems. These are mobile services that are secured by biometric authentication. The adoption of cellphone-based face recognition is limited to government departments and is still in its nascent stage of development. With the growing advantages of face recognition, these solutions can be deployed in smartphones in the coming years.
Key players in the Biometrics Market in China are NEC Corp., Safran SA, Suprema Inc. and ZK Technology.
Biometrics is a technology that helps in the identification of individuals based on their physical or behavioral features. It involves verification and identification of both physiological traits, such as fingerprints, face recognition, DNA, palm prints, hand geometry, iris recognition, and behavioral traits, such as keystroke patterns and speech pattern voice recognition. The technology is also used for authentication purposes. A biometrics system can either be an identification system or a verification system. In an identification system, a person's identity is determined without their consent.
Analysts forecast the Biometrics Market in North America will grow at a CAGR of 16.98 percent over the period of 2014-2018.
One major trend in the market is the increasing popularity of OOB solutions as a service. Benefits such as easy implementation and no requirement to carry external devices tokens are driving the adoption of cloud-based authentication solutions, supporting the growth of the market.
Key players in the Global OOB Authentication Market are Authentify Inc., CA Technologies Inc., Gemalto NV, Microsoft Corp. (Phone Factor Inc.) and StrikeForce Technologies Inc.
Browse other new reports on Infiniti Research Limited.
ReportsnReports.com is an online market research reports library of 500,000+ reports and in-depth studies of 5,000+ micro markets. Call +1 888 391 5441 with your industry research requirements or email the details to sales(at)reportsandreports(dot)com.