The Latin America, Middle East and Africa Mobile Biometrics Market would 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 would 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 would 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.
Free Valuable Insights: The Global Mobile Biometrics Market is Predict to reach $91.9 Billion by 2028, at a CAGR of 21.8%
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.
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 KBV 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:
TABLE 1 LAMEA Mobile Biometrics Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Mobile Biometrics Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Mobile Biometrics Market
TABLE 4 Product Launches And Product Expansions– Mobile Biometrics Market
TABLE 5 Acquisition and Mergers– Mobile Biometrics Market
TABLE 6 LAMEA Mobile Biometrics Market by Industry, 2018 - 2021, USD Million
TABLE 7 LAMEA Mobile Biometrics Market by Industry, 2022 - 2028, USD Million
TABLE 8 LAMEA Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA IT & Telecommunication Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA IT & Telecommunication Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Mobile Biometrics Market by Technology, 2018 - 2021, USD Million
TABLE 19 LAMEA Mobile Biometrics Market by Technology, 2022 - 2028, USD Million
TABLE 20 LAMEA Fingerprint Recognition Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Fingerprint Recognition Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Face Recognition Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Face Recognition Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Voice Recognition Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Voice Recognition Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Mobile Biometrics Market by Authentication Mode, 2018 - 2021, USD Million
TABLE 29 LAMEA Mobile Biometrics Market by Authentication Mode, 2022 - 2028, USD Million
TABLE 30 LAMEA Single Factor Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Single Factor Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Multi Factor Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Multi Factor Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Mobile Biometrics Market by Component, 2018 - 2021, USD Million
TABLE 35 LAMEA Mobile Biometrics Market by Component, 2022 - 2028, USD Million
TABLE 36 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA Service Market by Country, 2018 - 2021, USD Million
TABLE 41 LAMEA Service Market by Country, 2022 - 2028, USD Million
TABLE 42 LAMEA Mobile Biometrics Market by Country, 2018 - 2021, USD Million
TABLE 43 LAMEA Mobile Biometrics Market by Country, 2022 - 2028, USD Million
TABLE 44 Brazil Mobile Biometrics Market, 2018 - 2021, USD Million
TABLE 45 Brazil Mobile Biometrics Market, 2022 - 2028, USD Million
TABLE 46 Brazil Mobile Biometrics Market by Industry, 2018 - 2021, USD Million
TABLE 47 Brazil Mobile Biometrics Market by Industry, 2022 - 2028, USD Million
TABLE 48 Brazil Mobile Biometrics Market by Technology, 2018 - 2021, USD Million
TABLE 49 Brazil Mobile Biometrics Market by Technology, 2022 - 2028, USD Million
TABLE 50 Brazil Mobile Biometrics Market by Authentication Mode, 2018 - 2021, USD Million
TABLE 51 Brazil Mobile Biometrics Market by Authentication Mode, 2022 - 2028, USD Million
TABLE 52 Brazil Mobile Biometrics Market by Component, 2018 - 2021, USD Million
TABLE 53 Brazil Mobile Biometrics Market by Component, 2022 - 2028, USD Million
TABLE 54 Argentina Mobile Biometrics Market, 2018 - 2021, USD Million
TABLE 55 Argentina Mobile Biometrics Market, 2022 - 2028, USD Million
TABLE 56 Argentina Mobile Biometrics Market by Industry, 2018 - 2021, USD Million
TABLE 57 Argentina Mobile Biometrics Market by Industry, 2022 - 2028, USD Million
TABLE 58 Argentina Mobile Biometrics Market by Technology, 2018 - 2021, USD Million
TABLE 59 Argentina Mobile Biometrics Market by Technology, 2022 - 2028, USD Million
TABLE 60 Argentina Mobile Biometrics Market by Authentication Mode, 2018 - 2021, USD Million
TABLE 61 Argentina Mobile Biometrics Market by Authentication Mode, 2022 - 2028, USD Million
TABLE 62 Argentina Mobile Biometrics Market by Component, 2018 - 2021, USD Million
TABLE 63 Argentina Mobile Biometrics Market by Component, 2022 - 2028, USD Million
TABLE 64 UAE Mobile Biometrics Market, 2018 - 2021, USD Million
TABLE 65 UAE Mobile Biometrics Market, 2022 - 2028, USD Million
TABLE 66 UAE Mobile Biometrics Market by Industry, 2018 - 2021, USD Million
TABLE 67 UAE Mobile Biometrics Market by Industry, 2022 - 2028, USD Million
TABLE 68 UAE Mobile Biometrics Market by Technology, 2018 - 2021, USD Million
TABLE 69 UAE Mobile Biometrics Market by Technology, 2022 - 2028, USD Million
TABLE 70 UAE Mobile Biometrics Market by Authentication Mode, 2018 - 2021, USD Million
TABLE 71 UAE Mobile Biometrics Market by Authentication Mode, 2022 - 2028, USD Million
TABLE 72 UAE Mobile Biometrics Market by Component, 2018 - 2021, USD Million
TABLE 73 UAE Mobile Biometrics Market by Component, 2022 - 2028, USD Million
TABLE 74 Saudi Arabia Mobile Biometrics Market, 2018 - 2021, USD Million
TABLE 75 Saudi Arabia Mobile Biometrics Market, 2022 - 2028, USD Million
TABLE 76 Saudi Arabia Mobile Biometrics Market by Industry, 2018 - 2021, USD Million
TABLE 77 Saudi Arabia Mobile Biometrics Market by Industry, 2022 - 2028, USD Million
TABLE 78 Saudi Arabia Mobile Biometrics Market by Technology, 2018 - 2021, USD Million
TABLE 79 Saudi Arabia Mobile Biometrics Market by Technology, 2022 - 2028, USD Million
TABLE 80 Saudi Arabia Mobile Biometrics Market by Authentication Mode, 2018 - 2021, USD Million
TABLE 81 Saudi Arabia Mobile Biometrics Market by Authentication Mode, 2022 - 2028, USD Million
TABLE 82 Saudi Arabia Mobile Biometrics Market by Component, 2018 - 2021, USD Million
TABLE 83 Saudi Arabia Mobile Biometrics Market by Component, 2022 - 2028, USD Million
TABLE 84 South Africa Mobile Biometrics Market, 2018 - 2021, USD Million
TABLE 85 South Africa Mobile Biometrics Market, 2022 - 2028, USD Million
TABLE 86 South Africa Mobile Biometrics Market by Industry, 2018 - 2021, USD Million
TABLE 87 South Africa Mobile Biometrics Market by Industry, 2022 - 2028, USD Million
TABLE 88 South Africa Mobile Biometrics Market by Technology, 2018 - 2021, USD Million
TABLE 89 South Africa Mobile Biometrics Market by Technology, 2022 - 2028, USD Million
TABLE 90 South Africa Mobile Biometrics Market by Authentication Mode, 2018 - 2021, USD Million
TABLE 91 South Africa Mobile Biometrics Market by Authentication Mode, 2022 - 2028, USD Million
TABLE 92 South Africa Mobile Biometrics Market by Component, 2018 - 2021, USD Million
TABLE 93 South Africa Mobile Biometrics Market by Component, 2022 - 2028, USD Million
TABLE 94 Nigeria Mobile Biometrics Market, 2018 - 2021, USD Million
TABLE 95 Nigeria Mobile Biometrics Market, 2022 - 2028, USD Million
TABLE 96 Nigeria Mobile Biometrics Market by Industry, 2018 - 2021, USD Million
TABLE 97 Nigeria Mobile Biometrics Market by Industry, 2022 - 2028, USD Million
TABLE 98 Nigeria Mobile Biometrics Market by Technology, 2018 - 2021, USD Million
TABLE 99 Nigeria Mobile Biometrics Market by Technology, 2022 - 2028, USD Million
TABLE 100 Nigeria Mobile Biometrics Market by Authentication Mode, 2018 - 2021, USD Million
TABLE 101 Nigeria Mobile Biometrics Market by Authentication Mode, 2022 - 2028, USD Million
TABLE 102 Nigeria Mobile Biometrics Market by Component, 2018 - 2021, USD Million
TABLE 103 Nigeria Mobile Biometrics Market by Component, 2022 - 2028, USD Million
TABLE 104 Rest of LAMEA Mobile Biometrics Market, 2018 - 2021, USD Million
TABLE 105 Rest of LAMEA Mobile Biometrics Market, 2022 - 2028, USD Million
TABLE 106 Rest of LAMEA Mobile Biometrics Market by Industry, 2018 - 2021, USD Million
TABLE 107 Rest of LAMEA Mobile Biometrics Market by Industry, 2022 - 2028, USD Million
TABLE 108 Rest of LAMEA Mobile Biometrics Market by Technology, 2018 - 2021, USD Million
TABLE 109 Rest of LAMEA Mobile Biometrics Market by Technology, 2022 - 2028, USD Million
TABLE 110 Rest of LAMEA Mobile Biometrics Market by Authentication Mode, 2018 - 2021, USD Million
TABLE 111 Rest of LAMEA Mobile Biometrics Market by Authentication Mode, 2022 - 2028, USD Million
TABLE 112 Rest of LAMEA Mobile Biometrics Market by Component, 2018 - 2021, USD Million
TABLE 113 Rest of LAMEA Mobile Biometrics Market by Component, 2022 - 2028, USD Million
TABLE 114 Key Information – 3M Company
TABLE 115 Key Information – Apple, Inc.
TABLE 116 KEY INFORMATION – NEC Corporation
TABLE 117 Key information – BIO-key International, Inc.
TABLE 118 Key Information – Fujitsu Limited
TABLE 119 Key information – HID Global Corporation
TABLE 120 Key information – Precise Biometrics AB
TABLE 121 Key Information – M2SYS Technology, Inc.
TABLE 122 Key information – Aware, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisition and Mergers: 2018, Sep – 2022, Jul) Leading Players
FIG 5 SWOT Analysis: 3M Company
FIG 6 SWOT Analysis: apple, Inc.
FIG 7 Recent strategies and developments: BIO-key International, Inc.
FIG 8 SWOT Analysis: Fujitsu Limited