What is Device-Embedded Biometric Authentication Market Scope?
Device-Embedded Biometric Authentication is a special biometrics system or method of identification to secure the endpoints of consumer electronics such as mobiles, laptops, etc. This can be either a hardware offering or a software offering. As personal consumer electronics such as mobile phones host a variety of personal information, it becomes vital to have device-embedded biometric authentication. Improvement or advancement in technology has led to increasing demand for device-embedded biometric authentication. North America is the biggest market for device-embedded biometric authentication.
The Device-Embedded Biometric Authentication market study is being classified, by Application (Finger Print Recognition, Face Recognition, Iris Recognition, Hand Recognition and Voice Recognition) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Device-Embedded Biometric Authentication market throughout the predicted period.
HID Global (United States), Thales Group (France), Fujitsu Ltd. (Japan), IDEX America, Inc. (United States), ImageWare Systems, Inc. (United States), Fulcrum Biometrics (United States), Apple, Inc. (United States), Nuance Communications, Inc. (United States), Fingerprint Cards AB (Sweden) and Techshino Technology (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Auraya Inc. (United States), RCG Holdings Limited (China) and Suprema (South Korea).
Analyst at AMA have segmented the market study of Global Device-Embedded Biometric Authentication market by Type, Application and Region.
On the basis of geography, the market of Device-Embedded Biometric Authentication has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In 2020, Aware, Inc., Biometrics software and services company has announced the completion of the acquisition of the AFIX suite owned by Maxar Technologies. AFIX suite is a set of biometrics products that even involved face and fingerprint biometric software. The acquisition is said to expand the product portfolio to the existing offerings of Aware in the form of the Aware ABIS line of products.
In 2020, Amazon.com, Inc., a multinational technology, cloud computing, and e-commerce giant has announced the launch of Amazon One, which is a hand geometry biometric payment mechanism. Initially, the customers are required to link their hands to their credit cards. This technology is said to be deployed in two of the famous cash-less Amazon Go stores.
Influencing Market Trend
- Finger Print Recognition Accounts for Largest Market along with Mobile Based Platforms
- Growing Adoption of Automated Mechanisms
- Advancements in Technology
- Face Recognition and Iris Recognition has Huge Potential of Growth
- High Cost of Development of Some of the Technology
- The Emergence of a Large Number of Competitors in the Market
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Frequently Asked Questions (FAQ):
1. At what growth rate would the Device-Embedded Biometric Authentication market expands?
The Global Device-Embedded Biometric Authentication market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Device-Embedded Biometric Authentication market?
The prominent players of Global Device-Embedded Biometric Authentication market are HID Global (United States), Thales Group (France), Fujitsu Ltd. (Japan), IDEX America, Inc. (United States), ImageWare Systems, Inc. (United States), Fulcrum Biometrics (United States), Apple, Inc. (United States), Nuance Communications, Inc. (United States), Fingerprint Cards AB (Sweden) and Techshino Technology (China), to name a few.
3. What are the top priorities to focus for Device-Embedded Biometric Authentication marketís growth?
In this highly competitive & fast evolving Device-Embedded Biometric Authentication industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.