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Global Mobile Biometrics Market 2017-2021 - Key Vendors are BioID, Crossmatch, HID Global, NEC & Nuance Communications - Research and MarketsThe "Global Mobile Biometrics Market 2017-2021" report has been added to Research and Markets' offering. The global mobile biometrics market will post a CAGR of 79.17% during the period 2017-2021. Global Mobile Biometrics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. One trend in the market is NFC-based payments. Near-field communication (NFC) works if two devices are placed within a few centimeters to exchange data. It requires both devices to be equipped with an NFC chip. Apple (News - Alert) is partnering with various financial institutions to introduce NFC-powered mobile payments. Before Apple launched NFC mobile payments, this technology had been adopted by many Android (News - Alert)- and Microsoft Windows-based smartphones. According to the report, one driver in the market is increase in the digitization of banking services. The increased use of smartphones and tablets has led to a digital reformation in the banking sector. The BFSI sector is one o the prominent users of portable devices (for digital payments and cashless financial transactions). With the growing transaction volumes and the introduction of new digital payment solutions, the banking sector is challenged with the need to keep the magnitude of fraudulent activities low, without compromising on the convenience of the customers. Key vendors Other prominent vendors
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For more information about this report visit https://www.researchandmarkets.com/research/275ssk/global_mobile View source version on businesswire.com: http://www.businesswire.com/news/home/20171024005916/en/ |
