Fingerprint Mobile Biometrics Market Synopsis
Fingerprint Mobile Biometrics Market Size Was Valued at USD 11.52 Billion in 2023, and is Projected to Reach USD 65.83 Billion by 2032, Growing at a CAGR of 21.37% From 2024-2032
The mobile fingerprint biometric market is the finger-print recognition systems used in mobile devices; such as Tablets and smartphones, alongside other technology types. This kind of system identifies an individual by the individual's fingerprints which are unique and hence used to authenticate an individual's identity and give the individual security to the device and the systems within the device. Various end-users’ requirement for security authentication both in cash payment and access control area such as mobile banking, payment, and access control which enhances this market growth.
- The field of fingerprint mobile biometric which experiences a growth momentum can be explained by several critical factors. The main factor of the rising demand of the simple and secure authentication techniques which are relevant in a wide spectrum of the places for instance banking, finance, healthcare, and government is number one. Fingerprint biometrics feature as password alternatives to endorse a user's identity is a reliable method that prevents unauthorized access and impersonation.
- A further stimulator is the fact that the usage of mobile devices arises to their increase significantly that their security authentication is now mandatory. With mobility, technology, and banking being in the rise, mobile banking, mobile payments, and mobile access to sensitive information have increased, resulting in raising the need for fingerprint biometric as the tool to protect these interactions and transactions.
- Also, advancements in search biometric technology have impacted on the demand but the improvements in fingerprint precision, the speed of operation and the use of the devices are the main factors behind the growth of the industry. The finding has increased the use of the fingerprint biometrics methods by organizations and consumers who are looking for secure authentication and solutions. For instance: Shortcomings of passwords such as their forgetfulness and vulnerabilities have led to an increase in the use of biometrics (fingerprint biometrics) as a solution.
- It is supposed the fingerprint mobile biometrics market will have uninterrupted boom despite awareness among companies’ individuals on the importance of safe and simple authentication means in a steadily growing digital environment.
Fingerprint Mobile Biometrics Market Trend Analysis
From Security to Accessibility: The Evolution of Fingerprint Biometrics in Mobile Devices
- It is now noticeable that the growth of mobile fingerprint biometrics is huge at this present time. However, the trend is expected to increase in a coming year. In this regard, the rapidly increasing smartphone and other mobile devices adoption is a major factor for these devices’ extended usage across the world. Along with the rise of mobile device usage for multiple scenarios including finance, shopping and gaining access to sensitive information, there has been a corresponding boost for the need of adequate security measures such as biometric fingerprint.
- The exploding sentiment among the people that there can be privacy breach and identity fraud is one of the extra elements which raises the fingerprint mobile biometrics market. Biometric authentication which hinges on fingerprints is a more robust means of user authentication than traditional authentication, such as PINs and passwords, that are easily breached.
- Besides, the technological advance has brought about durability and low costs of fingerprint biometrics as well as increasing their frequency of use in mobile devices. The biometric authentication feature becomes more and more available to the users and numerous devices: smartphones, tablets, and laptops are among the few of such devices having fingerprint sensors in ones.
Unlocking Opportunities, The Growth Potential of Fingerprint Mobile Biometrics Market
- The future for fingerprint mobile biometrics is looking good, and it seems to be gaining unstoppable momentum with the support of a lot of key players. To start , the increasing popularity of hand-held devices (smartphones) among users are playing the lead role in the growing demand for biometric security. What witnesses the popularity of the biometric authentication technology among mobile phone industry leaders is that fingerprint recognition is unparalleled in terms of fast and secure authentication method.
- The main factor, which will accelerate the growth of the market, will be the concern toward the preservation of data and privacy, thereby leading to rise of strong authentication techniques in demand. This kind of security feature helps to keep unauthorized access to confidential data stored on mobile devices scant. This is, therefore, a key component in data security for mobile devices
- Furthermore, recently the cost-effective possibility of blending biometric sensors into mobile devices has risen, and as a result, a bigger number of manufacturers of devices can also integrate this feature. As for this trend, it is further supported by advancements in biometric sensor technology, which have improved the precision and thus reliability of the measurements.
- Taken together, the necessity of secure authentication for financial transactions and the spread of mobile payment systems are one of the obvious benefits for fingerprint mobile biometrics turnout. Mobile payment authorisation using fingerprint recognition and a combination of safety and the user's convenience increases overall user experience.
Fingerprint Mobile Biometrics Market Segment Analysis:
Fingerprint Mobile Biometrics Market is segmented on the basis of Technology type, By Component application, and end-users.
By Technology Type, segment is expected to dominate the market during the forecast period
- Our system for implementing the basic technology underlying fingerprint detection is divided into different types, depending on: Fingerprint recognition in capacitive type embraces the detection of electrical charge properties that differentiate between ridges and valleys of the fingerprints. Visual recognition that is majorly used in latest smartphones and basic level security system captures the image of fingerprint based on light rays.
- The ultrasonic fingerprint recognition distinguish a person with the utmost care and accuracy, by scanning the sound waves off the fingerprints of the subject. Regulation of temperatures of ridges and troughs function as thermal fingerprint by differentiating of temperatures. New technological implementations that take into consideration pressure-based fingerprints as well as multispectral imaging are also a possibility. Every technology has a characteristic to judge if it fits in critical applications and perform security requirements.
By Component, segment held the largest share in 2023
- Scanning devices and computer software are the prerequisites for the operation of the fingerprint recognition system. This depicts the hardware fabric that is installed for reading and handling the biometric fields. In general, prime access to identity is usually done through the help of a biometric sensor, which can be either a fingerprint or an iris scanner depending on the technology employed. g. , capacitive, optical, ultrasonic). Furthermore, processing and storing fingerprint image operations use a variety of processors and memory configurations, sharing some space with the fingerprint sensor components. Modules interfaces to join the system to external devices such as network modem will also be including some of the hardware elements.
- In contrast to this, an algorithm and a program with the capability of processing and verifying fingerprint data is the other part of the software component in a fingerprint recognition system. The mentioned software components perform an extensive range of functions, such as the amplifying of fingerprints and the extraction of features. Then it creates templates and matching in the later stage. The software is an integral part of the system and is responsible for determining how accurately it can read and confirm biometrics. So, the software is very much key to the quality and level of detail of the system. Moreover, besides scheduled maintenance and software upgradation, it is critical to make sure that the security of the system remains intact and it stays compatible with the latest in the fingerprint recognition world.
Fingerprint Mobile Biometrics Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- The fingerprint mobile biometrics market in North America has been on a steady growth for the last couple of years especially driven by the increased adoption and the advancements of the technology. Extensive utilization of smartphones and other mobile devices, increasing demand for identity verification systems that are secure and convenient, and widespread adoption of biometric authentication solutions within different industries have been among the major reasons for the pronounced growth of biometric-based digital authentication.
- Among the leading market factors is the increasing worry about compromise of security and identity theft due to the increased incidents of theft and fraud. Fingerprint biometrics as mobile devices authentication security mechanism uses the most secure and unique authentication method that keeps away the possible security risks. That being the case, the multiple employment of mTMSs by different sectors including mobile money, mobile payments, and access control has ensued.
- Another stimulant which is drawing the market is increasing usage of smartphone and other devices with mobile connectivity. The invention of mobile gadgets has also paved the road to unsurpassed growth in the authentication technique demand that is effortless to operate. The mobile biometrics on fingerprints, furthermore, stand for the modern and convenient method of user authentication that comprise the perfect solution.
- Furthermore, the technology is also another motor behind the development of fingerprint biometrics and mobile phones in the North America region, after the above causes. Semantically, the example is the cases when the combination of fingerprint sensor technology with higher precision and reliability were used to improve the effectiveness and security of fingerprint mobile biometrics.
Active Key Players in the Fingerprint Mobile Biometrics Market
- 3M (USA)
- Apple (USA)
- Bio-key (USA)
- BioLink Solutions (Russia)
- Dermalog Identification (Germany)
- Diamond Fortress (USA)
- Fingerprint Cards (Sweden)
- Fujitsu (Japan)
- Fulcrum Biometrics (USA)
- IDEX ASA (Norway)
- ImageWare (USA)
- M2SYS Technology (USA)
- NEC (Japan)
- Samsung (South Korea)
- Suprema (South Korea), and Other key players.
Global Fingerprint Mobile Biometrics Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 11.52 Bn. |
Forecast Period 2024-32 CAGR: |
21.37% |
Market Size in 2032: |
USD 65.83 Bn. |
Segments Covered: |
By Technology Type |
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By Component |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- FINGERPRINT MOBILE BIOMETRICS MARKET BY TECHNOLOGY TYPE (2017-2032)
- FINGERPRINT MOBILE BIOMETRICS MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- CAPACITIVE FINGERPRINT RECOGNITION
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- OPTICAL FINGERPRINT RECOGNITION
- ULTRASONIC FINGERPRINT RECOGNITION
- THERMAL FINGERPRINT RECOGNITION
- OTHERS
- FINGERPRINT MOBILE BIOMETRICS MARKET BY COMPONENT (2017-2032)
- FINGERPRINT MOBILE BIOMETRICS MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- HARDWARE
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- SOFTWARE
- FINGERPRINT MOBILE BIOMETRICS MARKET BY END USER (2017-2032)
- FINGERPRINT MOBILE BIOMETRICS MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- CONSUMER ELECTRONIC
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- GOVERNMENT & LAW ENFORCEMENT
- BANKING
- HEALTHCARE
- RETAIL
- OTHER
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Fingerprint Mobile Biometrics Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- 3M (USA)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- APPLE (USA)
- BIO-KEY (USA)
- BIOLINK SOLUTIONS (RUSSIA)
- DERMALOG IDENTIFICATION (GERMANY)
- DIAMOND FORTRESS (USA)
- FINGERPRINT CARDS (SWEDEN)
- FUJITSU (JAPAN)
- FULCRUM BIOMETRICS (USA)
- IDEX ASA (NORWAY)
- IMAGEWARE (USA)
- M2SYS TECHNOLOGY (USA)
- NEC (JAPAN)
- SAMSUNG (SOUTH KOREA)
- SUPREMA (SOUTH KOREA)
- COMPETITIVE LANDSCAPE
- GLOBAL FINGERPRINT MOBILE BIOMETRICS MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Technology Type
- Historic And Forecasted Market Size By Component
- Historic And Forecasted Market Size By End User
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Fingerprint Mobile Biometrics Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 11.52 Bn. |
Forecast Period 2024-32 CAGR: |
21.37% |
Market Size in 2032: |
USD 65.83 Bn. |
Segments Covered: |
By Technology Type |
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By Component |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Fingerprint Mobile Biometrics Market research report is 2024-2032.
3M (USA) - Apple (USA) - Bio-key (USA) - BioLink Solutions (Russia) - Dermalog Identification (Germany) - Diamond Fortress (USA) - Fingerprint Cards (Sweden) - Fujitsu (Japan) - Fulcrum Biometrics (USA) - IDEX ASA (Norway) - ImageWare (USA) - M2SYS Technology (USA) - NEC (Japan) - Samsung (South Korea) - Suprema (South Korea) and Other Major Players.
The Fingerprint Mobile Biometrics Market is segmented into by Technology Type (Capacitive Fingerprint Recognition, Optical Fingerprint Recognition, Ultrasonic Fingerprint Recognition, Thermal Fingerprint Recognition, Others), By Component (Hardware & Software), End User (Consumer Electronics, Government & Law Enforcement, Banki, Healthcare, Retail, Others) By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The fingerprint mobile biometrics market pertains to the subsegment of the biometric technology market that is concerned with the integration of fingerprint recognition systems into mobile devices, including tablets and smartphones. These systems authenticate an individual's identity using the distinctive patterns present in their fingerprint, thereby ensuring secure access to the device and its diverse applications. Increasing demand for secure and convenient authentication methods, especially in mobile banking, payment, and access control applications, drives the market.
Fingerprint Mobile Biometrics Market Size Was Valued at USD 11.52 Billion in 2023, and is Projected to Reach USD 65.83 Billion by 2032, Growing at a CAGR of 21.37% From 2024-2032