Mobile Biometric Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Global mobile biometrics sales revenue totaled US$ 42 billion in 2024. The market is expected to witness significant growth, reaching US$ 185 billion by 2031, with a projected CAGR of 24% from 2024 to 2031.

Fingerprint Recognition Leads the Way

Fingerprint recognition remains the cornerstone of mobile biometrics, with a projected CAGR of 23.8% from 2024 to 2031. As the most commonly used technology globally, fingerprint recognition is set to emerge as a key revenue driver for mobile biometrics companies.

Key Trends Driving Market Growth

Several trends are shaping the mobile biometrics market, including the rising demand for advanced authentication solutions globally, high usage in sectors like BFSI and healthcare, advancements in mobile biometric solutions, increasing integration in smartphones, and government initiatives to adopt biometrics in the public sector.

Combatting Cybersecurity Threats with Biometrics

The escalating number of cyberattacks is driving innovation in biometric technology, providing a more secure form of authentication for user devices and accounts.

Advantages of Mobile Biometrics

Mobile biometrics offer a range of benefits including high security, faster authentication, convenience, flexibility, improved user experience, and resistance to spoofing.

Rising Popularity of Mobile Biometrics

With the increasing prevalence of smartphones and other mobile devices, the demand for biometric authentication is on the rise. Mobile biometrics provide a convenient and secure way to access applications and services, enhancing overall user experience.

Global Adoption Trends

The global market for mobile biometrics is propelled by the growing adoption of biometric authentication in applications such as mobile banking, online retail, and healthcare. Regionally, North America leads the market, with the United States expected to exhibit significant growth.

Country-wise Insights

Demand Outlook for the United States Mobile Biometrics Market:

The United States mobile biometrics market is expected to show significant growth from 2024 to 2031, driven by a rising demand for smartphones and the integration of biometric technology for enhanced security and convenience. The market is projected to cross a substantial valuation by the end of 2031, with a positive trajectory in sales. Increasing smartphone penetration, which is forecasted to rise steadily over the projection period, will contribute to the growth of mobile biometrics demand in the country.

China: An Opportunistic Market for Mobile Biometrics Companies:

China presents lucrative opportunities for mobile biometrics companies, with a robust market expected to witness impressive growth from 2024 to 2031. The country's leading position in the global smartphone industry, coupled with its high adoption rate of advanced technologies, makes it an attractive market for mobile biometric solution providers. The increasing number of smartphone users in China is poised to drive demand for mobile biometric solutions, reflecting a growing reliance on these technologies.

Japan Mobile Biometrics Market Shaping:

Japan's mobile biometrics industry is expected to exceed a significant valuation by 2031, with steady growth anticipated from 2023 onwards. The BFSI sector in Japan is driving market growth, with mobile biometrics finding increased popularity in facilitating secure and convenient mobile payments. As mobile payments continue to rise in Japan, driven by the convenience of biometric authentication methods, the demand for mobile biometrics solutions is expected to witness a notable increase throughout the projection period.

Category-wise Insights

Fingerprint recognition remains the leading technology in the mobile biometrics industry, offering convenience and security. The BFSI sector prominently utilizes mobile biometrics to enhance security and streamline transactions.

Competitive Analysis

Key players in the mobile biometrics market include M2SYS Technology, Apple Inc, Nuance Communications, 3M, Aware Inc., BIO-key International, Precise Biometrics AB, NEC Corporation, HID Global Corporation, and Safran Inc. These companies are employing various strategies to expand their presence and increase revenues, such as product launches, mergers, partnerships, and acquisitions.

Global Mobile Biometrics Market Segmentation:

By Component:

Hardware
Software
Service

By Authentication Mode:

Single Factor Authentication
Multi-Factor Authentication

By Technology:

Fingerprint Recognition
Voice Recognition
Face Recognition

By Industry Vertical:

Public Sector
BFSI
Healthcare
IT and Telecommunications

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

1. Executive Summary

1.1. Global Mobile Biometric Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Mobile Biometric Market Outlook, 2018 - 2031

3.1. Global Mobile Biometric Market Outlook, by Store Type, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Apple App Store
  - 3.1.1.2. Google Play Store
  - 3.1.1.3. Others
3.2. Global Mobile Biometric Market Outlook, by App Category, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Games
  - 3.2.1.2. Social Networking
  - 3.2.1.3. Healthcare
  - 3.2.1.4. Books
  - 3.2.1.5. Music
  - 3.2.1.6. Productivity
  - 3.2.1.7. Education
  - 3.2.1.8. Entertainment
  - 3.2.1.9. News
  - 3.2.1.10. Photos and Videos
  - 3.2.1.11. Navigation
  - 3.2.1.12. Travel
  - 3.2.1.13. Business
3.3. Global Mobile Biometric Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Mobile Biometric Market Outlook, 2018 - 2031

4.1. North America Mobile Biometric Market Outlook, by Store Type, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Apple App Store
  - 4.1.1.2. Google Play Store
  - 4.1.1.3. Others
4.2. North America Mobile Biometric Market Outlook, by App Category, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Games
  - 4.2.1.2. Social Networking
  - 4.2.1.3. Healthcare
  - 4.2.1.4. Books
  - 4.2.1.5. Music
  - 4.2.1.6. Productivity
  - 4.2.1.7. Education
  - 4.2.1.8. Entertainment
  - 4.2.1.9. News
  - 4.2.1.10. Photos and Videos
  - 4.2.1.11. Navigation
  - 4.2.1.12. Travel
  - 4.2.1.13. Business
4.3. North America Mobile Biometric Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 4.3.1.2. U.S. Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 4.3.1.3. Canada Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 4.3.1.4. Canada Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Mobile Biometric Market Outlook, 2018 - 2031

5.1. Europe Mobile Biometric Market Outlook, by Store Type, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Apple App Store
  - 5.1.1.2. Google Play Store
  - 5.1.1.3. Others
5.2. Europe Mobile Biometric Market Outlook, by App Category, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Games
  - 5.2.1.2. Social Networking
  - 5.2.1.3. Healthcare
  - 5.2.1.4. Books
  - 5.2.1.5. Music
  - 5.2.1.6. Productivity
  - 5.2.1.7. Education
  - 5.2.1.8. Entertainment
  - 5.2.1.9. News
  - 5.2.1.10. Photos and Videos
  - 5.2.1.11. Navigation
  - 5.2.1.12. Travel
  - 5.2.1.13. Business
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Mobile Biometric Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. Germany Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. U.K. Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. U.K. Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 5.3.1.5. France Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.6. France Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 5.3.1.7. Italy Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.8. Italy Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 5.3.1.9. Turkey Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.10. Turkey Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 5.3.1.11. Russia Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.12. Russia Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Mobile Biometric Market Outlook, 2018 - 2031

6.1. Asia Pacific Mobile Biometric Market Outlook, by Store Type, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Apple App Store
  - 6.1.1.2. Google Play Store
  - 6.1.1.3. Others
6.2. Asia Pacific Mobile Biometric Market Outlook, by App Category, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Games
  - 6.2.1.2. Social Networking
  - 6.2.1.3. Healthcare
  - 6.2.1.4. Books
  - 6.2.1.5. Music
  - 6.2.1.6. Productivity
  - 6.2.1.7. Education
  - 6.2.1.8. Entertainment
  - 6.2.1.9. News
  - 6.2.1.10. Photos and Videos
  - 6.2.1.11. Navigation
  - 6.2.1.12. Travel
  - 6.2.1.13. Business
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Mobile Biometric Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. China Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. Japan Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. Japan Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. South Korea Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. South Korea Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. India Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. India Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Mobile Biometric Market Outlook, 2018 - 2031

7.1. Latin America Mobile Biometric Market Outlook, by Store Type, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Apple App Store
  - 7.1.1.2. Google Play Store
  - 7.1.1.3. Others
7.2. Latin America Mobile Biometric Market Outlook, by App Category, Value (US$ Bn), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Mobile Biometric Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. Brazil Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Mexico Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Mexico Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. Argentina Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. Argentina Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Mobile Biometric Market Outlook, 2018 - 2031

8.1. Middle East & Africa Mobile Biometric Market Outlook, by Store Type, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Apple App Store
  - 8.1.1.2. Google Play Store
  - 8.1.1.3. Others
8.2. Middle East & Africa Mobile Biometric Market Outlook, by App Category, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Games
  - 8.2.1.2. Social Networking
  - 8.2.1.3. Healthcare
  - 8.2.1.4. Books
  - 8.2.1.5. Music
  - 8.2.1.6. Productivity
  - 8.2.1.7. Education
  - 8.2.1.8. Entertainment
  - 8.2.1.9. News
  - 8.2.1.10. Photos and Videos
  - 8.2.1.11. Navigation
  - 8.2.1.12. Travel
  - 8.2.1.13. Business
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Mobile Biometric Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. GCC Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. South Africa Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. South Africa Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Egypt Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Egypt Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Nigeria Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Nigeria Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Mobile Biometric Market by Store Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Mobile Biometric Market by App Category, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by App Category Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. Google Inc.
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Store Type Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. Microsoft
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Store Type Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Development
- 9.4.3. CA
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Store Type Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Development
- 9.4.4. Cognizant
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Store Type Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Development
- 9.4.5. Hewlett Packard Enterprise Development LP
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Store Type Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Development
- 9.4.6. SAP SE
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Store Type Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Development
- 9.4.7. China Mobile Limited
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Store Type Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Development
- 9.4.8. Samsung Electronics Co. Ltd.
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Store Type Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Development
- 9.4.9. Apple Inc.
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Store Type Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Development
- 9.4.10. Opera Software
  - 9.4.10.1. Company Overview
  - 9.4.10.2. Store Type Portfolio
  - 9.4.10.3. Financial Overview
  - 9.4.10.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations