Application of biometrics in the automobile industry is not recent news; it has been in use for the past few years. However, with the advent of technological developments, the automobile industry has been quite busy in experimenting with automotive biometrics. Biometrics system in vehicles provides accurate and maximum protection to every vehicle owner against hacking or theft. This technology employs multi-factor authentication. In most cases, the two-factor authentication system is implemented. Moreover, the focus is primarily placed on the accessibility of the vehicle, immobilizer, health monitoring, and switch ignition via fingerprints.
The automobile industry is quite upbeat in embracing innovative technologies which are convenient and user-friendly to provide the feel of luxury to their customers. Strengthening a vehicle’s security while ensuring customers’ safety is one of the main concerns of the automakers. Automakers, especially the leading ones in the market have been incorporating automotive biometrics technology in their auto-parts. No wonder the automotive biometrics market is growing at a fast rate and the trend seems like it will stay strong in the foreseeable future.
Automotive Biometrics growth drivers
There are several factors influencing the growth of this market. Immobilizer may be considered to be a major growth driver boosting the market. Another trend which drives the market is the installation of connected devices required for autonomous driving. Moreover, the stringent government regulations regarding the concern for vehicles security further propel this technology market. As per the recent market research reports the Automotive End-Point Authentication Market is poised towards a major growth phase. Geographically, the Automotive Biometrics Market is divided into global regions like Europe, North America, Asia-Pacific, Middle East, LATAM, and Africa. Amongst all these regions, the European region has seen the highest growth.
Know more about the Automotive End-Point Authentication Market
The Automotive End-Point Authentication is a new technology gaining prominence in the automobile sector. It protects the user against damage and theft of their vehicles, along with a vast array of benefits such as navigation, and door lock status. The recent Automotive End-Point Authentication Market informs us about the market growth due to the robust demand for electric and hybrid vehicles. Furthermore, with the foray into smartphones, the market sees a huge growth in the requirement for assistance featured cars.
Key players in the Automotive End-Point Authentication Market
Some of the major industry players in this market include companies like Continental AG, Fujitsu, Garmin Ltd., Hitachi Ltd., Samsung Electronics Co. Ltd., Symantec Corporation, Synoptics Incorporated, and others.