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

Next Generation Biometrics Market by Application, Technology, Function & Geography - Global Forecast to 2020

  • June 2015
  • 178 pages
  • MarketsandMarkets
Report ID: 3035774

Summary

Table of Contents

Search Inside

Many countries have adopted biometrics for e-passports, e-visas, and driving licenses. The next generation biometrics market in travel & immigration is most dominant. The government application is followed by the travel & immigration application which accounted for the largest share in 2014 as biometrics has been adopted in national IDs and law enforcement applications such as cross-border control, security surveillance, crime, and forensic investigation.

The biometric technologies are more in demand in the military & defense and banking & finance sectors. With high rate of fraudulent activities in the financial and banking sector, banks and financial institutions have started adopting biometrics technologies in their operation. Biometrics technologies are now used in online banking, e-transactions, telephonic transactions, and others.

The biometrics systems are used for the commercial and home security purposes which is one of the driving factors for the growth of the biometrics market. Biometric technology is used for time & attendance and workforce management in commercial applications.

The report talks about the next generation biometrics market size and forecasts from 2014 to 2020 including the historical years. According to this report, the next generation biometrics market is expected to reach $24.4 billion in 2020, at a CAGR of 17.9% between 2015 and 2020.

In this report, the next generation biometrics market is segmented on the basis of applications such as government, military & defense, healthcare, banking & finance, consumer electronics, travel & immigration and security. The market is segmented into geographies, namely, North America (the U.S., Canada, and Mexico), Europe (the U.K., Germany, France, Italy, and others), and APAC (China, Japan, India, South Korea, and others), RoW (the Middle East & Africa and Others). The next generation biometrics market segmented on the basis of technology includes include face recognition, fingerprint recognition, iris recognition, palm print/hand recognition, hand geometry recognition, voice recognition, signature recognition, DNA recognition, vein recognition, and others. The market segmented on the basis of function includes contact and non-contact.

The report talks about the premium insights; different drivers, restraints, opportunities, and challenges that are expected to shape the next generation biometrics market; Porter’s five forces analysis; competitive landscape and company profiles of top players. The players involved in the next generation biometrics market include Safran SA (France), NEC Corporation (Japan), 3M Cogent Inc. (U.S.), Fujitsu Ltd. (Japan), Suprema Inc. (U.S.), Cross Match technologies (U.S.), Fulcrum Biometrics (U.S), Thales SA (France), Bio-Key International Inc. (U.S), Precise Biometrics AB (Sweden), and Secunet Security Networks AF (Germany).

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 ...

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 ...

Speech and Voice Recognition Market by Technology, Vertical, Retail, Education, Healthcare & Government and Geography - Global Forecast to 2023

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

“Speech and voice recognition market projected to grow at a CAGR of 19.80% between 2017 and 2023” The speech and voice recognition market is expected to be valued at USD 6.19 billion in 2017 and is ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

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