Dublin, Nov. 08, 2023 (GLOBE NEWSWIRE) -- The "Mobile Biometrics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Mobile Biometrics estimated at US$26.3 Billion in the year 2022, is projected to reach a revised size of US$57.3 Billion by 2030, growing at a CAGR of 10.2% over the analysis period 2022-2030.
Fingerprint Recognition, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$19.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Face Recognition segment is readjusted to a revised 12.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8 Billion, While China is Forecast to Grow at 9.7% CAGR
The Mobile Biometrics market in the U.S. is estimated at US$8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$9.8 Billion by the year 2030 trailing a CAGR of 9.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.4% and 8.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.
Select Competitors (Total 42 Featured) -
- Apple, Inc.
- Applied Recognition, Inc.
- Aware, Inc.
- Cognitec Systems GmbH
- Fujitsu Ltd.
- Fulcrum Biometrics LLC
- Gemalto NV
- Honeywell International, Inc.
- ImageWare Systems, Inc.
- LG Innotek
- M2SYS Technology
- NEC Corporation
- Neurotechnology
- Nuance Communications, Inc.
- PayPal, Inc.
- Precise Biometrics AB
- Voicevault Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
Report Attribute | Details |
No. of Pages | 194 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $26.3 Billion |
Forecasted Market Value (USD) by 2030 | $57.3 Billion |
Compound Annual Growth Rate | 10.2% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Mobile Biometrics - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ay44bm
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