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Mobile Biometrics Market to Grow at 156.9% CAGR by 2018 Says New Research Report at ReportsnReports.com(PR Web Via Acquire Media NewsEdge) Dallas, Texas (PRWEB) March 15, 2014 The increase in mergers and acquisitions is one of the most prominent trends witnessed in the market. The Global Mobile Biometrics market is currently witnessing increasing consolidation, which is expected to continue in the future. Both existing vendors and new entrants are taking the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, Apple acquired AuthenTec for US$356 million in 2012. The acquisition helped Apple attain all its patents for biometric security in mobile devices. 3M completed the acquisition of Cogent Inc. in December 2010 for US$943 million. Cogent develops biometric recognition systems that allow government and businesses to identify individuals by their fingers, palms, faces, and irises. Analysts forecast the Global Mobile Biometrics market will grow at a CAGR of 156.9 percent over the period 2013-2018. According to the report, the growth of the Global Mobile Biometrics market is driven by several drivers. One such driver is the increasing use of personal devices for financial transactions. Financial institutions, these days, are encouraging the use of mobile banking and online financial transactions, thereby increasing the need for high-level security. Since the use of biometrics in mobile devices helps provide high-level security, there has been an increase in the adoption of biometrics in mobile devices. Further, the report states that one of the key challenges in the market is the availability of inexpensive non-biometric technologies. Besides mobile biometrics, there is a high availability of solutions such as token-based two-factor authentication, password authentication, and software authentication in the market. As these solutions are relatively inexpensive and easy to operate, they are finding greater acceptance among individual consumers. Purchase report at http://www.reportsnreports.com/purchase.aspx?name=276796. The report recognizes the following companies as the key players in Global Mobile Biometrics Market: 3M Cogent Inc., AuthenTec Inc., Fujitsu Ltd., NEC Corp., BioEnable Technologies Pvt. Ltd. The other vendor mentioned in the report is BioEnable Technologies Pvt. Ltd. Key questions answered in this report: • What will the market size be in 2018 and what will be the growth rate? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of each of these key vendors? Table of Contents 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 03.1 Market Overview 03.2 Product Offerings 04. Market Research Methodology 04.1 Market Research Process 04.2 Research Methodology 05. Introduction 06. Market Description 06.1 Working of Mobile Biometrics 06.2 Types of Mobile Biometrics Face Recognition Fingerprint Identification Iris Recognition Retina Recognition Palm Vein Authentication Voice Recognition 06.3 Applications of Mobile Biometrics 07. Market Landscape 07.1 Market Overview 07.1.1 Mobile Devices with Biometrics Solutions 07.1.2 Comparison of Biometrics Technologies 07.2 Market Size and Forecast 07.3 Global Mobile Biometrics Market by Devices 07.4 Global Mobile Biometrics Market By Technology Segmentation 07.5 End-users Forecast 07.6 Five Forces Analysis 08. Geographical Segmentation 08.1 Global Mobile Biometrics Market by Geographical Segmentation 2013-2018 08.2 Mobile Biometrics Market in North America 08.2.1 Market Size and Forecast 08.3 Mobile Biometrics Market in the APAC Region 08.3.1 Market Size and Forecast 08.4 Mobile Biometrics Market in Europe 08.4.1 Market Size and Forecast 08.5 Mobile Biometrics Market in the MEA Region 08.5.1 Market Size and Forecast 08.6 Mobile Biometrics in Latin America 08.6.1 Market Size and Forecast 09. Buying Criteria 10. Market Growth Drivers 11. Drivers and their Impact 12. Market Challenges 13. Impact of Drivers and Challenges 14. Market Trends 15. Trends and their Impact 16. Vendor Landscape 16.1 Competitive Scenario 16.2 Competitive Analysis 2013 16.3 Prominent Vendors 17. Key Vendor Analysis 17.1 3M Cogent Inc. 17.1.1 Business Overview 17.1.2 Business Segmentation 17.1.3 SWOT Analysis 17.2 AuthenTec Inc. Business Overview Business Segmentation SWOT Analysis 17.3 Fujitsu Ltd. Business Overview Business Segmentation SWOT Analysis 17.4 NEC Corp. 17.4.1 Business Overview 17.4.2 Business Segmentation 17.4.3 SWOT Analysis 18. Key Takeaways 19. Other Reports in this Series List of Exhibits Explore other new reports by Infiniti Research at http://www.reportsnreports.com/publisher/infiniti-research-limited/. About Us ReportsnReports.com is an online market research reports library of 200,000+ reports and in-depth studies of 5000+ micro markets. Call +1 888 391 5441 with your industry research requirements or email the details on sales(at)reportsandreports(dot)com. Read the full story at http://www.prweb.com/releases/mobile-biometrics-market/2014-2018-gloabl-report/prweb11670462.htm (c) 2014 PRWEB.COM Newswire |