1. Market Research
  2. > IT Infrastructure
  3. > Security Systems Market Trends

Emerging Opportunities in Global Biometrics Market

  • September 2013
  • 137 pages
  • Frost & Sullivan
Report ID: 1623686

Summary

Table of Contents

Commercial Applications will Help the Market Grow Manifold

This study analyzes the emerging applications in the global biometrics market The commercial biometrics segment is growing and hence new and emerging applications are expected to grow across all vertical markets This study focuses on the trends, challenges, and factors driving market growth Also included are products, vertical and regional market analyses, along with a competitive analysis As this is an emerging application, suppliers’ initiatives have been discussed, and a list of key market participants and their respective market rankings have been included This research service provides the necessary business intelligence to accelerate growth in a fast-paced market

Executive Summary

• The total emerging opportunities for the global biometrics market was estimated to be $Xmillion in 2012
• The hardware segment contributed X% of the market share and was a $Xmillion market, whereas software and services was a $X million market contributing X% of the total market
• The important vertical markets for emerging opportunities in biometrics include financial services, retail, healthcare, industrial, IT and telecom Financial services was the biggest vertical market with a global revenue of $Xmillion
• The total emerging opportunities in the biometrics market should see a growth of X% between 2012 and 2019, and total market revenue is expected to be $Xmillion at the end of the forecast period

CEO’s Perspective

1 The European and American markets are likely to dominate and drive the global market
2 Financial services, retail and healthcare are the key vertical markets at present
3 Growth opportunities exist in the education, retail, gaming, hospitality, telecom, and healthcare verticals
4 Although Asia has a strong hold on the financial services vertical, mainly through biometric ATMs, the United States and Europe will see growth
5 Technological innovations resulting in better identification and authentication solutions will drive growth

Market Overview—Definitions

Market Scope
• The scope of this study includes market forecasts developed for emerging opportunities in biometrics globally The vertical markets include:
- Financial Services—Banks, insurance firms, ATMs, investment banks, mutual funds, and all types of financial institutions
- Retail—Food and beverages, fashion apparel, food cold chain (including animal meat after slaughter), jewelry, personal care, electronics, and footwear
- Healthcare—Hospitals, medical devices, pharmaceuticals
- Industrial—Manufacturing, steel, automotive, energy, power, oil and gas, mining, chemical, and nuclear
- Information Technology (IT) and telecom*—IT companies, data centers, hosting service providers, telecom operators, and Internet service providers
- Others—Include transportation, automotive, hospitality, education, gaming, entertainment, library, museums, safes and vaults, and home locks
• Product segments are divided between hardware and software and services
- Hardware includes scanners, readers, and cameras
- Software and services include middleware, operating systems, intelligent layers, software platforms, system integration, post-deployment maintenance, and training
• The technologies include fingerprint, voice, iris, vein, palm, and signature biometrics
• The study includes market size, growth rates, and revenue forecasts for the product types, vertical markets, and specified geographic regions
• The base year for this study is 2012 Revenue and revenue growth rates are provided from 2009 to 2019
• Reporting covers key market forces, such as drivers and restraints, to evaluate their influences on market growth This study also includes the competitive structure of the market and the key industry participants
• All prices quoted in the study are in US dollars, unless otherwise specified

Geographic Segmentation
• The Americas: This region includes North, South, and Central America as well as the Caribbean Islands
• EMEA: This region includes Europe, the Middle East, and Africa
- Europe includes the European Union (EU) states, former Commonwealth of Independent States (CIS), Turkey, Russia, and the Caucasian republics
- The Middle East and Africa include Africa and the greater Middle East area, which is comprised of the Persian Gulf states, Lebanon, Jordan, Syria, Israel, and Iran
• Asia-Pacific (APAC): This region includes Central Asia, the CIS states in Asia (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Azerbaijan, Georgia, and Armenia), East Asia, Australia, and Oceania

Key Questions This Study Will Answer

What are the key trends in the market?
What are the key drivers and restraints affecting the market?
How is the market structured, and how will the market grow in the short and long terms?
What are the technologies and products available, and who are some of the key competitors?
Are the products/services offered today meeting customer needs, or is additional development needed?
Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Military Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • April 2017
  • by Transparency Market Research

Global Military Biometrics Market: Overview Biometric systems are becoming increasingly popular in wearable devices such as smart watches, eye glasses and fitness bands. These devices are equipped biometric ...

Video Surveillance Market by System (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), Software (Video Analytics, VMS), and Service (VSaaS, Installation & Maintenance), Vertical, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“Video surveillance market is projected to grow at a CAGR of 15.4% between 2017 and 2022” The video surveillance market was valued at 30.37 billion in 2016 and is projected to reach USD 75.64 billion ...

Multifactor Authentication Market by Model, Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

“The multifactor authentication market is likely to grow at a CAGR of 15.52% during the forecast period” The multifactor authentication market is expected to reach USD 12.51 billion by 2022, at a CAGR ...


ref:plp2013

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.