Product Code: ETC4464088 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Singapore mobile biometric market is on a growth trajectory due to the increasing emphasis on security and convenience in mobile applications. Biometric authentication methods, such as fingerprint recognition, facial recognition, and iris scanning, have gained prominence in the mobile industry, enabling users to securely access their devices, make mobile payments, and authenticate various transactions. With the rising concerns about identity theft and fraud, mobile biometrics have become a crucial element of mobile security. This market is poised for expansion as mobile device manufacturers and service providers continue to integrate biometric technologies into their offerings.
The Singapore Mobile Biometric market is driven by the need for secure and convenient authentication methods on mobile devices. Mobile biometrics, such as fingerprint recognition and facial recognition, offer a higher level of security and user convenience for unlocking smartphones, authorizing transactions, and accessing apps. As mobile devices become central to daily life, the demand for reliable biometric authentication solutions grows. The enhanced security and seamless user experience provided by mobile biometrics are key drivers in this market.
The Singapore mobile biometric market confronts challenges related to privacy, security, and usability. Privacy concerns arise from the storage and sharing of biometric data on mobile devices, raising questions about data breaches and misuse. Security is another significant challenge, as the biometric authentication process must be robust enough to withstand hacking attempts and ensure user safety. Additionally, usability challenges involve the need for user-friendly interfaces and seamless integration with mobile applications. Achieving a balance between convenience and security is a complex challenge that market players must address to drive adoption and trust among users.
The COVID-19 pandemic significantly impacted the Singapore mobile biometric market. With an increased emphasis on touchless and secure authentication, mobile biometrics played a crucial role in identity verification and access control. The adoption of biometric solutions such as fingerprint recognition and facial recognition in mobile devices surged as users sought safer and more convenient authentication methods. The pandemic accelerated the integration of mobile biometrics into various applications, including mobile payments and digital identity verification.
In the Singapore Mobile Biometric market, major players include Apple Inc., Samsung Electronics Co., Ltd., and Gemalto (a Thales company). These companies offer biometric authentication solutions for mobile devices, enhancing security and user convenience.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Mobile Biometric Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Mobile Biometric Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Mobile Biometric Market - Industry Life Cycle |
3.4 Singapore Mobile Biometric Market - Porter's Five Forces |
3.5 Singapore Mobile Biometric Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Singapore Mobile Biometric Market Revenues & Volume Share, By Authentication Mode, 2021 & 2031F |
3.7 Singapore Mobile Biometric Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Singapore Mobile Biometric Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing emphasis on cybersecurity measures in Singapore |
4.2.2 Rising adoption of mobile payment applications and digital banking services |
4.2.3 Government initiatives promoting the use of biometric technology for secure authentication |
4.3 Market Restraints |
4.3.1 Concerns regarding data privacy and security issues associated with biometric data |
4.3.2 High initial investment and deployment costs for mobile biometric solutions |
4.3.3 Lack of standardized regulations and guidelines for mobile biometric technology in Singapore |
5 Singapore Mobile Biometric Market Trends |
6 Singapore Mobile Biometric Market, By Types |
6.1 Singapore Mobile Biometric Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Singapore Mobile Biometric Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Singapore Mobile Biometric Market Revenues & Volume, By Fingerprint readers, 2021-2031F |
6.1.4 Singapore Mobile Biometric Market Revenues & Volume, By Scanners, 2021-2031F |
6.1.5 Singapore Mobile Biometric Market Revenues & Volume, By Cameras, 2021-2031F |
6.2 Singapore Mobile Biometric Market, By Authentication Mode |
6.2.1 Overview and Analysis |
6.2.2 Singapore Mobile Biometric Market Revenues & Volume, By Single-factor authentication, 2021-2031F |
6.2.3 Singapore Mobile Biometric Market Revenues & Volume, By Multi-factor authentication, 2021-2031F |
6.3 Singapore Mobile Biometric Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Singapore Mobile Biometric Market Revenues & Volume, By Consumer electronics, 2021-2031F |
6.3.3 Singapore Mobile Biometric Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Singapore Mobile Biometric Market Revenues & Volume, By Finance & banking, 2021-2031F |
6.3.5 Singapore Mobile Biometric Market Revenues & Volume, By Travel & immigration, 2021-2031F |
6.3.6 Singapore Mobile Biometric Market Revenues & Volume, By Government, 2021-2031F |
6.3.7 Singapore Mobile Biometric Market Revenues & Volume, By Military & defense, 2021-2031F |
7 Singapore Mobile Biometric Market Import-Export Trade Statistics |
7.1 Singapore Mobile Biometric Market Export to Major Countries |
7.2 Singapore Mobile Biometric Market Imports from Major Countries |
8 Singapore Mobile Biometric Market Key Performance Indicators |
8.1 Percentage increase in the number of mobile biometric authentication transactions |
8.2 Customer satisfaction ratings related to the usability and reliability of mobile biometric solutions |
8.3 Adoption rate of mobile biometric authentication among different industries in Singapore |
9 Singapore Mobile Biometric Market - Opportunity Assessment |
9.1 Singapore Mobile Biometric Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Singapore Mobile Biometric Market Opportunity Assessment, By Authentication Mode, 2021 & 2031F |
9.3 Singapore Mobile Biometric Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Singapore Mobile Biometric Market - Competitive Landscape |
10.1 Singapore Mobile Biometric Market Revenue Share, By Companies, 2024 |
10.2 Singapore Mobile Biometric Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |