Global Next Generation Biometrics Market (2014–2020)
Biometrics is the technique used to identify and authenticate an individual by measuring and analyzing the already fed data of those individual traits. The demand for biometric devices is expected to grow due to increase in the need of identification and verification of persons due to the rise in unauthorized immigration, terrorist activities, cybercrime and so on. Moreover, this technology can be also be utilized for maintaining civilian records.
Biometrics is mainly used in theft identification, Civil ID preparation, e-banking and others. These are reliable and accurate than any other security devices owing to the non-duplicity of the individual traits. The chief end users of the biometric devices are government organizations, defense, banking industry, hospitality industry, airports and police and crime investigation organizations.
This report is segmented based on Type, Application, Function and Geography. By type the market is segmented into Iris, Palm, Fingerprint, Keystrokes, Hand geometry and others whereas by application it is divided into banking, defense, enterprises, home security and others. The report provides detailed account of all type and applications in four regions namely North America, Europe, Asia-Pacific (APAC), and ROW. Additionally, the report analyses the strategic opportunities, life cycle of industry, market landscape and similar others. Furthermore, the market is evaluated based on the key attributes such as the power of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
Among a wide range of manufacturers which contribute to the biometric devices market, some major players dominating the biometric industry are 3M Cogent, Inc, Fujitsu, Corp, NEC, Corp, SecuGen, Corp, Morpho Safran Group, and many others. The report gives profound data about the company overview, financial overview, business strategies, and recent developments.
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