Navigation Links
Biometrics on Smart Mobile Devices to Redefine Digital Identity with 12.9 Billion Biometric App Downloads between 2014 and 2020
Date:7/20/2015

DENVER, July 20, 2015 /PRNewswire/ -- Acuity Market Intelligence's latest research "The Global Biometrics and Mobility Report: The Convergence of Commerce and Privacy" forecasts that between 2014 and 2020 nearly 12.9 billion mobile biometric apps will be downloaded to smart mobile devices by 2.2 billion mobile biometric users. The mobile biometrics market is projected to generate more than $67.9 billion in total biometric app revenue during the seven-year forecast period.   

"Biometrics is at the center of a firestorm of converging market forces driving the digital identity revolution," says Maxine Most, Acuity Market Intelligence Principal and author of the report. "New and complex relationships between identity, mobility, and commerce are redefining global communication and commerce ecosystems and require frictionless, yet highly reliable security."

According to Most, a biometric identity market expert, "As biometrics become standard on smart mobile devices and consumers are increasingly accustomed to relying on biometric security, continually updated, highly secure biometric apps will be downloaded to ensure the highest mobile security standards are maintained."

Mobile biometric apps are downloadable, software applications that enable biometric authentication capabilities on smart devices. They can operate independently or can leverage onboard or embedded biometrics, or other biometric apps that have been previously downloaded. Biometric apps are purchased by the user or provided free of charge by vendors, merchants, or service providers.

Acuity projects that biometric app annual revenue will increase at a CAGR of 148% over the forecast period from less than $100 million in 2014 to more than $21.7 billion in 2020. Acuity reports that more than 5.4 billion biometric smart device apps will be downloaded in 2020, up from 6.5 million in 2014. Acuity also reports that there will be 4.8 billion biometric mobile devices in circulation in 2020, most containing multiple biometric apps from multiple sources.

"The Global Biometrics and Mobility Report: The Convergence of Commerce and Privacy" offers detailed forecasts and market analysis for the consumer mobile biometric market and includes 200+ data tables and charts. The report can be previewed and purchased at www.acuity-mi.com/GBMR_Report.php .

About Acuity Market Intelligence Acuity Market Intelligence (http://www.acuity-mi.com) is an emerging technology strategy and research consultancy with a proven record of accurately anticipating biometric and electronic identity (eID) market trends.

Contact: Acuity Market Intelligence +1 303 449 1897

 


'/>"/>
SOURCE Acuity Market Intelligence
Copyright©2015 PR Newswire.
All rights reserved

Related biology news :

1. Homeland Security Corporation (HSCC) Appoints New President with Biometrics and Access Control Solutions Expertise and Contacts
2. Global Biometrics and Border Control Award for DERMALOG
3. Integrated Biometrics Introduces Sherlock
4. Chiltern Announces The Promotion Of Alecia Barbee To VP, Global Biometrics
5. Iris Biometrics Leader EyeLock Joins the FIDO Alliance to Help Identify More Secure Replacement for Usernames and Passwords
6. New Technology Using Biometrics Detects If Security Guards Are Attacked, Injured Or Killed
7. Face and Voice Biometrics - Global Strategic Business Report
8. Iris Biometrics Leader, EyeLock, Redefines Identity Authentication, Announces Availability of Software Development Kit to Accelerate Deployment of Technology
9. Iris Biometrics - Global Strategic Business Report
10. Fingerprint Biometrics: Automated FIS, and Non-AFIS - Global Strategic Business Report - 2013
11. Biometrics Can Revolutionise Mobile Payment Security, says Frost & Sullivan
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/5/2018)... ... December 04, 2018 , ... Lifecycle Biotechnologies, ... of their 100-liter (26 gallon) SAFEthread Drum. The 100-liter SAFEthread Drum follows ... brought a much-needed modern redesign to the plastic drums being used globally. ...
(Date:11/27/2018)... ... November 27, 2018 , ... Earthres ... P.E., as Chief Operating Officer (COO). Dave joins the executive leadership team ... company’s internal functions. Dave will also serve in a key strategic role ...
(Date:11/27/2018)... ... ... Veni Vici, or Anthony, is a competitive Hunter-Jumper owned by Lisa Companioni Smith. In ... was fourteen years old and Lisa was told he would never jump again and that ... Devasted, Lisa sought the expert opinion of veterinarian and surgeon, Dr. Ruth-Anne Richter of ...
Breaking Biology News(10 mins):
(Date:11/29/2018)... (PRWEB) , ... November 29, 2018 , ... RAGS, today ... led by Kickstart Seed Fund, with participation from existing investor and board member Jeremy ... Davis Smith of Cotopaxi. The additional funding will enable the company to accelerate its ...
(Date:11/20/2018)... ... November 19, 2018 , ... Patients with missing teeth in Sandy ... from Dr. Dan Myers at THE DENTIST Centers without a referral. Dr. Myers ... for the last 20 years. He now offers skilled dental care in two practice ...
(Date:11/13/2018)... ... November 12, 2018 , ... AseptiScope(TM), Inc. announces it is ... studies, published last week, confirm pose a significant health risk. The two ... that stethoscopes are often improperly or rarely disinfected. In the AJIC November 6 ...
(Date:11/11/2018)... ... ... Triple W, an innovator of connected health devices, today announced that it has ... the first health tech wearable device for incontinence that monitors how full your bladder ... was made during CES Unveiled New York, an invite-only tech event bringing together top ...
Breaking Biology Technology: