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LAMEA Mobile Biometrics Market Size, Share & Industry Trends Analysis Report By Industry, By Technology, By Authentication Mode (Single Factor and Multi Factor), By Component (Hardware, Software and Service), By Country and Growth Forecast, 2022 - 2028

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    Report

  • 107 Pages
  • August 2022
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5658932
The Latin America, Middle East and Africa Mobile Biometrics Market is expected to witness market growth of 25.7% CAGR during the forecast period (2022-2028).

The healthcare and biotechnology sectors were just a few of the major industries that were quickly introducing the application of biometrics devices to appropriately and hygienically safeguard healthcare and patient care facilities. The use of biometrics for recognition or authentication in the BIFS, healthcare, military, and automotive industries is likely to drive expansion outside its historical core market of law enforcement.

Investments have been made in voice and facial biometrics to promote digital transformation. New applications are also becoming available as a result of AI integrations, such as in the healthcare sector. In business process outsourcing - which in this context primarily refers to call centers - voice growth is significant. The market is also expected to grow as a result of continuous biometric security, particularly in the enterprise sector.

Overall demand for appropriate authentication techniques is driving the market's expansion for mobile biometrics. The industry for mobile biometrics is also expected to expand as a result of the rising amount of cyberattacks. Throughout the forecast period, improvements in IoT and cloud technologies are anticipated to present a lucrative potential for the growth of the mobile biometric market.

By many standards, Latin America is among the leaders in the world when it comes to the use of biometrics for commercial purposes, and financial services firms are a significant factor in this development. Biometrics - and facial recognition in particular - are playing a significant role in making mobile banking more accessible for banking users in the area by making it more practical and secure. To guarantee that the facial photos being collected can be trusted for a range of biometrics-based security checks, liveness detection is used.

The Brazil market dominated the LAMEA Mobile Biometrics Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,742.6 million by 2028.The Argentina market is experiencing a CAGR of 26.3% during (2022 - 2028). Additionally, The UAE market is expected to display a CAGR of 25.3% during (2022 - 2028).

Based on Industry, the market is segmented into Public Sector, BFSI, Healthcare, IT & Telecommunication and Others. Based on Technology, the market is segmented into Fingerprint Recognition, Face Recognition, Voice Recognition and Others. Based on Authentication Mode, the market is segmented into Single Factor and Multi Factor. Based on Component, the market is segmented into Hardware, Software and Service. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Apple Inc., NEC Corporation, BIO-key International, Inc., Fujitsu Limited, HID Global Corporation, Precise Biometrics AB, M2SYS Technology, Inc., and Aware, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Industry
  • Public Sector
  • BFSI
  • Healthcare
  • IT & Telecommunication
  • Others
By Technology
  • Fingerprint Recognition
  • Face Recognition
  • Voice Recognition
  • Others
By Authentication Mode
  • Single Factor
  • Multi Factor
By Component
  • Hardware
  • Software
  • Service
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • 3M Company
  • Apple Inc.
  • NEC Corporation
  • BIO-key International, Inc.
  • Fujitsu Limited
  • HID Global Corporation
  • Precise Biometrics AB
  • M2SYS Technology, Inc.
  • Aware, Inc.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Mobile Biometrics Market, by Industry
1.4.2 LAMEA Mobile Biometrics Market, by Technology
1.4.3 LAMEA Mobile Biometrics Market, by Authentication Mode
1.4.4 LAMEA Mobile Biometrics Market, by Component
1.4.5 LAMEA Mobile Biometrics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisition and Mergers: 2018, Sep - 2022, Jul) Leading Players
Chapter 4. LAMEA Mobile Biometrics Market by Industry
4.1 LAMEA Public Sector Market by Country
4.2 LAMEA BFSI Market by Country
4.3 LAMEA Healthcare Market by Country
4.4 LAMEA IT & Telecommunication Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Mobile Biometrics Market by Technology
5.1 LAMEA Fingerprint Recognition Market by Country
5.2 LAMEA Face Recognition Market by Country
5.3 LAMEA Voice Recognition Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Mobile Biometrics Market by Authentication Mode
6.1 LAMEA Single Factor Market by Country
6.2 LAMEA Multi Factor Market by Country
Chapter 7. LAMEA Mobile Biometrics Market by Component
7.1 LAMEA Hardware Market by Country
7.2 LAMEA Software Market by Country
7.3 LAMEA Service Market by Country
Chapter 8. LAMEA Mobile Biometrics Market by Country
8.1 Brazil Mobile Biometrics Market
8.1.1 Brazil Mobile Biometrics Market by Industry
8.1.2 Brazil Mobile Biometrics Market by Technology
8.1.3 Brazil Mobile Biometrics Market by Authentication Mode
8.1.4 Brazil Mobile Biometrics Market by Component
8.2 Argentina Mobile Biometrics Market
8.2.1 Argentina Mobile Biometrics Market by Industry
8.2.2 Argentina Mobile Biometrics Market by Technology
8.2.3 Argentina Mobile Biometrics Market by Authentication Mode
8.2.4 Argentina Mobile Biometrics Market by Component
8.3 UAE Mobile Biometrics Market
8.3.1 UAE Mobile Biometrics Market by Industry
8.3.2 UAE Mobile Biometrics Market by Technology
8.3.3 UAE Mobile Biometrics Market by Authentication Mode
8.3.4 UAE Mobile Biometrics Market by Component
8.4 Saudi Arabia Mobile Biometrics Market
8.4.1 Saudi Arabia Mobile Biometrics Market by Industry
8.4.2 Saudi Arabia Mobile Biometrics Market by Technology
8.4.3 Saudi Arabia Mobile Biometrics Market by Authentication Mode
8.4.4 Saudi Arabia Mobile Biometrics Market by Component
8.5 South Africa Mobile Biometrics Market
8.5.1 South Africa Mobile Biometrics Market by Industry
8.5.2 South Africa Mobile Biometrics Market by Technology
8.5.3 South Africa Mobile Biometrics Market by Authentication Mode
8.5.4 South Africa Mobile Biometrics Market by Component
8.6 Nigeria Mobile Biometrics Market
8.6.1 Nigeria Mobile Biometrics Market by Industry
8.6.2 Nigeria Mobile Biometrics Market by Technology
8.6.3 Nigeria Mobile Biometrics Market by Authentication Mode
8.6.4 Nigeria Mobile Biometrics Market by Component
8.7 Rest of LAMEA Mobile Biometrics Market
8.7.1 Rest of LAMEA Mobile Biometrics Market by Industry
8.7.2 Rest of LAMEA Mobile Biometrics Market by Technology
8.7.3 Rest of LAMEA Mobile Biometrics Market by Authentication Mode
8.7.4 Rest of LAMEA Mobile Biometrics Market by Component
Chapter 9. Company Profiles
9.1 3M Company
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Apple, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 NEC Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.4 BIO-key International, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Research & Development Expenses
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.4.2 Product Launches and Product Expansions:
9.4.4.3 Acquisition and Mergers:
9.5 Fujitsu Limited
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 SWOT Analysis
9.6 HID Global Corporation
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Acquisition and Mergers:
9.7 Precise Biometrics AB
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Acquisition and Mergers:
9.8 M2SYS Technology, Inc.
9.8.1 Company Overview
9.9 Aware, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 Acquisition and Mergers:

Companies Mentioned

  • 3M Company
  • Apple Inc.
  • NEC Corporation
  • BIO-key International, Inc.
  • Fujitsu Limited
  • HID Global Corporation
  • Precise Biometrics AB
  • M2SYS Technology, Inc.
  • Aware, Inc.

Methodology

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