top 5 mobile biometrics companies
DESCRIPTION
The Global Mobile Biometrics Market is expected to soar at a CAGR of over 156% for the 2013-2018 period. TechNavio analysts have pinpointed the top 5 companies in the market.TRANSCRIPT
Top 5 Mobile Biometrics Companies
TechNavio Insights
USA – CANADA – UK – CHINA – INDIA
Mobile Biometrics Market Overview
Mob
ile B
iom
etric
Tec
hnol
ogy
Face Recognition
Fingerprint Idenitification
Iris Recognition
Retina Recognition
Palm Vein Recognition
Voice Recognition
• Since the introduction of biometrics in the 2000s, the Global Mobile Biometrics Market has come a long way and market growth is expected to continue to soar at a CAGR of over 156 percent for the 2013-2018 period.
• There are numerous pure-play vendors in this market that have been developing biometric solutions that can be integrated into mobile devices, although the functionalities of such mobile devices are very limited.
• Currently, numerous companies have a significant presence in the Global Mobile Biometrics Market, primarily because of the commercialization of their products. Many pure-play companies in this market are either being acquired or being approached for acquisition by larger corporations for their technological capabilities in biometric solutions.
• This trend is expected to prevail throughout the forecast period as large corporations do not want to miss out on the significant growth opportunities in the Global Mobile Biometrics market.
USA – CANADA – UK – CHINA – INDIA
Mobile Biometrics Market Overview
Biometrics False Acceptance Rate (%) False Rejection Rate (%)
Facial Recognition 0.1 10.0
Fingerprint Identification 1.0 2.0
Iris Recognition < 0.01 < 0.01
Palm Vein Authentication < 0.00008 < 0.01
• Each biometric technology has different rates of False Rejection Rate (FFR) and False Acceptance Rate (FAR). They are expressed in terms of probability.
• FRR is the probability that a biometric system will incorrectly reject an input as a negative match.
• FAR is the probability that a biometric system will accept an incorrect input as a positive match. These rates determine the accuracy and reliability of biometrics.
USA – CANADA – UK – CHINA – INDIA
Top 5 Mobile Biometrics Companies
3M Cogent
"3M mobile identification solutions empower law enforcement officials to rapidly identify individuals in the field. Our end-to-end product suite brings the power of a full-scale AFIS to the officer's hand, providing access to positive identity verification, arrest records and warrants. Mobile hand-held devices are available in various models, from those that only capture fingerprints to models that include multibiometric capture, such as fingerprint, face and iris."
USA – CANADA – UK – CHINA – INDIA
Top 5 Mobile Biometrics Companies
AuthenTec (Apple Inc.)
“Apple® Acquired AuthenTec in July 2012. Apple’s iPhone 5s introduces Touch ID™, an innovative way to simply and securely unlock your iPhone with just the touch of a finger. Built into the home button, Touch ID uses a laser cut sapphire crystal, together with the capacitive touch sensor, to take a high-resolution image of your fingerprint and intelligently analyze it to provide accurate readings from any angle. All fingerprint information is encrypted and stored securely in the Secure Enclave inside the A7 chip on the iPhone 5s.”
USA – CANADA – UK – CHINA – INDIA
Top 5 Mobile Biometrics Companies
Fujitsu
“Fujitsu Frontech North America Inc. provides a highly reliable biometric authentication system based on palm vein pattern recognition technology. PalmSecure® features industry-leading authentication accuracy with extremely low false rates, and the non-intrusive and contactless reader device provides ease of use with virtually no physiological restriction for all users. Registration takes less than one minute and authentication takes only one second.”
USA – CANADA – UK – CHINA – INDIA
Top 5 Mobile Biometrics Companies
To view the complete list, view our blog post:Top 5 Mobile Biometrics Companies
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