North America 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 North America Mobile Biometrics Market would witness market growth of 21.2% CAGR during the forecast period (2022-2028).
Installing biometric systems is made simpler by growing public acceptance, enormous accuracy improvements, a rich offer, and lowering prices of sensors, software, and IP cameras. Every smartphone user wants to know that their personal data is secure in the digital era because the world is now more networked than ever before. As password complexity rises, it becomes difficult to remember them and they become much easier to hack.
Since biometrics have shown to be substantially more time- and convenience-efficient than passwords, the use has grown significantly. Mobile phones and biometrics work well together in the general market, which helps the technology spread much more quickly. Mobile biometrics is becoming more significant as a result of the adaptability that today's mobile technology offers as well as the expansion of mobile platforms in the consumer, private, and public realms.
The people of many nations in this region are identified using fingerprint or palm scanners to determine who is eligible to vote or receive benefits. The US government uses biometrics for iris scanning in terminals for TSA screening, face detection for the FBI database, and border management using fingerprints and facial recognition. The usage of biometrics in the workplace is growing as a result of the use of biometrics to access time clocks, cash drawers, and secure facilities by employees.
The US market dominated the North America Mobile Biometrics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $24,291.6 million by 2028.The Canada market is poised to grow at a CAGR of 24% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 22.9% 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 U.S., Mexico, Canada, and Rest of North America.
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 North America
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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