Research and Markets: Biometrics for Banking to Contribute USD 5.5 Billion by 2020 - Market Analysis and Forecast 2015-2020

Research and Markets: Biometrics for Banking to Contribute USD 5.5 Billion by 2020 - Market Analysis and Forecast 2015-2020

Research and Markets has announced the addition of the "Biometrics for Banking; Market & Technology Analysis, Adoption Strategies and Forecasts 2015-2020"report to their offering.

“Biometrics for Banking; Market & Technology Analysis, Adoption Strategies and Forecasts 2015-2020”

This 238 page report provides detailed analysis and market forecasts for the adoption of biometrics for banking, which is resulting in a booming biometrics industry. Biometric vendors are reporting an unprecedented growth due to the escalation of consumer-led adoption of biometric authentication. It is forecast that this adoption of biometric technology for banking purposes will contribute USD 5.5 billion to the biometrics market by 2020.

Topics Covered:

 - In-depth regional and global market forecasts and analysis for the adoption of biometrics for banking

 - Comprehensive guide for banks in how to assess biometric systems

 - Investigation and analysis into the current levels of adoption across all major bank channels

 - Insight and into the current biometric landscape

 - Analysis of the integration of Apple and Samsung fingerprint biometric authentication systems for mobile banking apps

 - Analysis of the relationship between biometric systems to fraud detection and management solutions

 - Analysis of the emergence of mobile multi-modal biometric systems that leverage more than one biometric modality

 - Quotes and interviews with key stakeholders in the biometrics and banking industry

Coverage:

Bank Branch
Electronic Banking
Telephone Banking (Contact Centre)
Mobile Banking
Wearable Banking
ATMs
Market forecasts for the six-year period 2015-2020 that cover:
Biometric Banking User Forecasts; by technology and bank channel
Biometric Banking Revenue Forecasts; by technology and combined

Target Audience:

Biometric Technology Companies
Authentication Companies
Banks and financial services providers
FinTech companies
Bitcoin vendors
Mobile and Wearable Device OEMs
Hardware Systems Integrators
Software Systems Integrators
Investors
Management Consultancies

Report Structure:

1. Forward
2. Executive Summary
3. Market & Technology Analysis
4. Market Drivers & Barriers
5. Biometric Technology - Analysis and Vendors
6. Forecasts
7. Appendices

Companies Mentioned - Click the link below to view the full list of 114 companies featured in this extensive report:

Access Softek
ARM
Agnitio
Ally Bank
Apple
Atom Bank
Axis Bank
BIO-key
Banco Bradesco
Banco Santander
Bank BG
Bank BPH
Bank Muscat
Bank of America
Bank of China
Bank of Korea
Bank of Lanzhou
Bankmobile
Barclays
BehavioSec
BioCatch
Biometrics Signature ID
British Bankers Association
Cairo Amman Bank
Cardtech
Cifas
City Bank of Texas
DAB Bank
DARPA

For more information visit http://www.researchandmarkets.com/research/2mctbn/biometrics_for


Related News

Report: Australian FinTech Will Exceed AUD $4 Billion by 2020

A new report has found that FinTech revenue in Australia is predicted to grow at a compound annual growth rate (CAGR) of 76.3 percent and exceed A$4 billion by 2020. The research, Australian Fintech, Forecast for 2020, found that this increase was down to a reduction in taxes on investments in startups, tech-savvy digital individuals, and a rise in mobile payments. According to Research and Markets, in 2015 the Australian FinTech market produced A$247.2 million with 2016 generating further growth and 2017 predicted to continue the upward trend. The research found that there are three areas....

Together We Stand: Will Biometrics and Blockchain Build a Joint Future?

Biometrics has firmly entrenched itself as one of the leading technological trends of the FinTech Industry in 2015. While Biometrics have been used for more than 15 years now, over the past 12 months there has become a far greater demand for them. A Replacement for PIN. The market numbers speak for themselves - according to prognosis' from different sources, the size of the market is currently larger than 10 bln USD$, by 2020 this number will reach nearly 24 billion USD$, growing at a CAGR of 17.9%. To add on to this, an investigation by Goode Intelligence has shown, that by 2017 more than....

Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New ...

Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020 According to the Chainalysis 2021 Crypto Crime Report, darknet markets brought in a total of $1.7 billion worth of cryptocurrencies in 2020. But the report unveiled that Hydra Market, one of the largest illegal marketplaces in the darknet, boosted the total revenue significantly. In fact,....

Visa Europe Predicts Boom in Mobile Payment Sector by 2020

Mobile payment methods will replace cash and cards in UK by 2020, according to research by Visa Europe. The study, which was concluded upon the participation of 12,015 European consumers, predicted that the UK markets will stem a whopping £1.2 billion/week, with six in ten Britons expecting to use their mobile device for making payments by the aforementioned year. At present, only one in 12 people use mobile payment methods. "The UK mobile payments boom will see an upsurge in the weekly value spent using mobile devices, with the market growing to an estimated £1.2 billion per week by....

Report: Digitization Threatens Global Banks with Low Profits

European banks are at risk of losing a significant portion of their profits with digital disruption cutting their profits in half by 2020, according to a report from McKinsey. The report, A Brave New World for Global Banking, states that major developed markets in Europe and the United Kingdom have $35 billion, or 31 percent, of profits at risk. It adds that more severe digital disruption could further cut banks’ profits from $110 billion today to $50 billion in the next three years and slice returns on equity (ROEs) in half from one to two percent in the same timeframe. However, the study....