DUBLIN--(BUSINESS WIRE)--The "APAC Mobile Biometric Identification and Authentication Market, Forecast to 2021" report has been added to ResearchAndMarkets.com's offering.
Biometric identification and authentication is well positioned to complement and potentially replace existing traditional verification processes such as those using pins and passwords, security questions, and even personal identity verification. The role of biometrics is becoming more important now that the industry is heading towards becoming mobile first. As a result, mobile biometrics is picking up and on a high growth trajectory in the Asia-Pacific region.
Drivers include increasing adoption of smartphones and higher adoption of mobile transactions in the region. Multimodal biometrics is the preferred choice due to increased emphasis on security. Biometric authentication for mobile payment services is starting to become the norm, Apple and Samsung having led the way by incorporating biometrics into their smartphones. Governments in Asia-Pacific are starting to adopt biometric capabilities for national security, especially in terms of border control and citizens' identification. India, in particular, has led the way in terms of government efforts in digitalizing citizens' identification.
Collaboration among industry players as well as amongst the different industry verticals will allow for product innovation. This will enable industry players to introduce mobile biometric offerings into new innovative products in order to address gaps in the marketplace. Partnerships also enable industry players to penetrate different markets at a faster pace and on a more cost-efficient basis. Investment made by government bodies and organizations as well as collaborative efforts will help industry players develop more suitable mobile biometric solutions.
The companies mentioned in this study include but are not limited to HID Global, Iris Corporation, Tascent, NEC, Idemia, Fingerprint Cards AB, Nuance Communications, Synaptics, Samsung SDS, Egis Technology, Suprema, Fujitsu, Cognitec Systems, Precise Biometrics, and Gemalto N.V.
Key Issues Addressed:
- What is mobile biometric identification and authentication?
- Who are the key players in the market and what are their main offerings?
- What are the digital services that will be enabled with biometric identification and authentication and the revenue upside?
- What are the risks of implementing biometric identification and implementation?
- What are the governing local regulation and standards?
- What are the considerations for partnerships versus investments?
- Which companies are potential partners or investment targets?
- How will mobile biometrics change the industry dynamics?
- Cognitec Systems
- Egis Technology Inc.
- Fujitsu Ltd.
- Gemalto N.V.
- HID Global Corporation
- Iris Corporation Berhad
- NEC Corporation
- Nuance Communications Inc.
- Precise Biometrics
- Samsung SDS
- Suprema Inc.
- Synaptics Inc.
- Tascent Inc
For more information about this report visit https://www.researchandmarkets.com/research/4xbmsw/asiapacific?w=4