Europe Mobile Biometrics Market Size, Share & Industry Trends Analysis Report By Industry, By Technology, By Authentication Mode (Single Factor and Multi Factor), By Component (Hardware, Software and Service), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Mobile Biometrics Market would witness market growth of 21.3% CAGR during the forecast period (2022-2028).
Companies need to innovate and create novel methods of securing their user devices and accounts due to the rising number and complexity of cyberattacks.
Mobile phone users, for instance, are increasingly accustomed to using different forms of authentication, such as gestures as well as screen lock patterns, which are eventually replacing passwords. As more people use smartphones, biometric solutions are becoming more and more popular since they improve user experience overall and are less bothersome than entering passwords. The usage of biometrics is extensive in the healthcare industry.
Hospitals can identify patients and retrieve their medical histories using biometric information, such as that collected by fingerprint, iris, and facial recognition scanning. Having access to the appropriate information makes sure that healthcare facilities can offer the proper therapy. For instance, Northwell Health uses face and iris scanning technology to identify patients in emergency situations, reducing patient fraud and incorrect prescriptions.
In recent years, contactless biometrics technologies in particular, and biometrics, in general, have gotten a lot of support in Europe. Because of funding from initiatives like FFG KIRAS, EU PF7, IKT der Zukunft, and H2020, biometric innovation has survived. Many projects place high importance on border security, and automated border control gates must support contactless biometrics. Contactless biometrics built into mobile devices have been extensively used in Europe to assist law enforcement agencies (LEAs) in performing their duties more effectively.
The Germany market dominated the Europe Mobile Biometrics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,995 million by 2028.The UK market is anticipated to grow at a CAGR of 20.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 22.2% during (2022 - 2028).
Based on Industry, the market is segmented into Public Sector, BFSI, Healthcare, IT & Telecommunication and Others. Based on Technology, the market is segmented into Fingerprint Recognition, Face Recognition, Voice Recognition and Others. Based on Authentication Mode, the market is segmented into Single Factor and Multi Factor. Based on Component, the market is segmented into Hardware, Software and Service. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Mobile Biometrics Market will Hit $91.9 Billion by 2028, at a CAGR of 21.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Apple Inc., NEC Corporation, BIO-key International, Inc., Fujitsu Limited, HID Global Corporation, Precise Biometrics AB, M2SYS Technology, Inc., and Aware, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Public Sector
- IT & Telecommunication
- Fingerprint Recognition
- Face Recognition
- Voice Recognition
By Authentication Mode
- Single Factor
- Multi Factor
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 3M Company
- Apple Inc.
- NEC Corporation
- BIO-key International, Inc.
- Fujitsu Limited
- HID Global Corporation
- Precise Biometrics AB
- M2SYS Technology, Inc.
- Aware, Inc.
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