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Please contact:
Jeffrey Geddes
Account Manager, Heavy Reading Insider Services
303-997-9135
or via email at:
geddes@
lightreading.com |
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| Biometrics Offer Promise for More Secure Smartphones |
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To understand just how important biometrics are to the future of smartphones, you need only look at the merger and acquisition (M&A) activity that's taken place over the past several months with companies that set the landscape for the mobile industry.
These acquisitions are just a few of those that have taken place in biometrics, which is being viewed as a "not if, but when" technology. For quite some time, the military and law enforcement agencies have been buying up biometric companies, underscoring the need to add multi-factor authentication security at many levels. With all of the attention being given to hackers and security breaches, it's really a matter of self-preservation that the mobile industry is following suit.
Vendors and service providers have their work cut out for them in terms of integrating biometric authentication in a way that attracts consumer and enterprise users. The other option is that biometrics will stall out if people become distracted by privacy issues or by technology that's released too quickly and doesn't work effectively. To that end, the next two years in the biometric authentication market will be one of both cautious optimism and hand-wringing expectation.
Without question, there are several factors that indicate that the way in which smartphones are changing. Today's phones already enable contactless payments, mobile wallets and mobile banking, and these changes signal the need for secure services that can be performed wirelessly or with a smartphone. As such, the strongest market movement in smartphones is yet to come. The disruptive effect of biometric authentication on smartphones will be felt across a massive number of industries – everything from IDs and passports to website logins, anti-counterfeiting and as replacements for keys.
There is no doubt that today's smartphones are much more than simply communications devices. The fact that smartphones and tablets have so quickly overtaken the space once held by personal computers – a space that took decades to define – is just one indicator of the power they hold over society.
Biometrics will become integrated within a wide number of mobile devices over the next two years. Integration will be driven by smartphone and tablet manufacturers, as well as by vendors like those featured in this report, as the technology for adding fingerprint, iris, voice and other types of biometric authentication becomes better integrated and easier to optimize for mobile devices.
Biometrics Offer Promise for More Secure Smartphones examines the market for biometric authentication on smartphones, analyzing the most lucrative verticals for the market, and discussing drivers and challenges in the industry. It includes a comparative analysis of solutions available and details trends that will likely occur in the industry over the next 18-24 months.
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| Sample research data from the report is shown in the excerpts below: |
|
 Table of Contents (mni0613_toc.pdf) |
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| As shown in the following excerpt, several verticals will experience growth in biometric authentication over the next two years. Mobile banking quickly is becoming the norm for banking services. The banks may be waiting for consumer demand to influence their progress, since it appears that each institution is reluctant to take a leadership role for fear of the security ramifications. |
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| [click on the image above for the full excerpt] |
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 Companies analyzed in this report include: AOptix Technologies Inc.; BIO-key International Inc. (OTCBB: BYKI); Confident Technologies Inc.; Fujitsu America, a division of Fujitsu Ltd. (TSE: 6702); Fulcrum Biometrics LLC; Innovatrics s.r.o.; Neurotechnology; Nuance Communications Inc. (Nasdaq: NUAN); PassBan; and Validity Sensors Inc. |
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| Total pages: 19 |
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| "I love the attitude. Keep it up!" |
| - Duncan West, Senior Require-ments Manager, Qpas |
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| "I read and rely on the information provided. It's one of my must-read e-mails. Keep up the good work!" |
| - Cliff Arellano, President, Com-munications Products, Inc. |
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