2014-04-30 07:17:02 - A New Age for the Global Biometrics Market - a new market research report on companiesandmarkets.com
Mobile biometrics solutions are expected to continue gaining prominence in the larger biometrics landscape, with innovation accelerating in smartphones, sensors, and cloud capabilities. Traditionally, governments have been the largest end-user group because of the technology´s strong capability to verify and authenticate identities. Key applications include border control, national ID programmes, and election campaigns.
The advancement of mobile devices and sensor technologies is currently generating a shift toward the consumerisation of biometrics. Mobile payments are one of the key areas in which biometric data will be used to replace traditional PINs* and passwords for increased security in user identification and verification. The mobile payment ecosystem using biometrics is in a nascent stage and likely to gain traction as standards develop.
The consumer population
with biometrics-enabled smartphones is likely to increase. Standards are likely to emerge. Mobile payment ecosystem is likely to be developed. Developing countries will look to introduce mobile payment by expanding on the national ID card programme the mobile payment ecosystem is still evolving. There is strong interest in rolling out biometrics in mobile payment, but standards for security are yet to be addressed.
Few implementations exist for biometrics in mobile payment. Biometrics are introduced in applications such as fingerprint modality in smartphones.
Click for report details: www.companiesandmarkets.com/Market/Telecommunications/Market-Res ..
Browse all Telecommunications Market Research Reports www.companiesandmarkets.com/Market/Telecommunications/Market-Res ..
Browse all Telecommunications Company Profile Reports www.companiesandmarkets.com/Market/Telecommunications/Company-Pr ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.