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Mobile Biometrics Market Size, Share, Trends, Industry Analysis, and Opportunities |17000+ Technavio ReportsNEW YORK, Oct. 20, 2021 /PRNewswire/ -- The mobile biometrics market is set to grow by USD 15.63 bn between 2020 and 2024. However, the growth momentum is likely to decelerate CAGR at 19%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. For more insights on trends, challenges, and drivers - Download a Free Sample Report Factors such as increasing demand for m-commerce and the rise of 3D sensors and in-display fingerprint sensors will offer immense growth opportunities. However, challenges such as the need to comply with stringent regulations and standards will impede the growth of the market participants. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The mobile biometrics market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Mobile Biometrics Market: Segmentation
Mobile Biometrics Market 2020-2024: Vendor Analysis and Scope To help businesses improve their market position, the mobile biometrics market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Egis Technology Inc., Fingerprint Cards AB, Fujitsu Ltd., M2SYS Technology, NEC Corp., Precise Biometrics AB, Qualcomm Inc., Shenzhen Goodix Technology Co. Ltd., Synaptics Inc., and Thales Group. The report also covers the following areas:
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Related Reports: Mobile Middleware Market -The mobile middleware market size has the potential to grow by USD 5.31 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 17.38%. Download a free sample report now!
Download a free sample now to uncover highlights of mobile biometrics market companies. About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research View original content to download multimedia:https://www.prnewswire.com/news-releases/mobile-biometrics-market-size-share-trends-industry-analysis-and-opportunities-17000-technavio-reports-301403441.html SOURCE Technavio |