Global Biometrics Market| Industry Trends Report 2019-2024Posted by Bharat Book on May 6th, 2019 Bharat Book Bureau Provides the Trending Market Research Report on “Biometrics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”under Media & Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. The Global Biometrics Market reached a value of US$ 16.7 Billion in 2018. Biometrics refers to processes that are used to recognize, identify and authenticate people based on their physical or behavioral characteristics. They match an individual’s identifiers to their biometric template already stored in the database. Biometrics identifiers can be divided into two categories, namely, physiological and behavioral characteristics. Physiological characteristics include fingerprint, palm print, palm veins, hand geometry, face, DNA, iris and retina, whereas behavioral characteristics comprise typing patterns, voice and signature recognition. Biometrics technologies are employed across schools, colleges, and corporate and government offices as they are reliable, accurate and difficult to forge. Request a free sample copy of Biometrics Market Report @ https://www.bharatbook.com/marketreports/Sample/Reports/1445330 Global Biometrics Market Drivers: Biometrics technologies, especially fingerprint recognition systems, have witnessed acceptance on a global level owing to their affordability and easy usage. The rising adoption of fingerprint recognition in mobiles, tablets and cloud computing is expected to create a positive outlook for the biometric technologies market. Apart from this, biometrics technologies are employed across numerous government organizations for reliable, stable and enhanced security as biometric traits are difficult to steal or forget. These technologies are also being implemented for e-passport and e-visa programs with the aim of keeping a check on illegal migration, and in the banking and finance sectors to increase efficiency and prevent frauds. Furthermore, the introduction of multimodal biometrics, which make use of more than one behavioral or physiological characteristic for authentication, is expected to improve the recognition and security performance of these systems in the coming years. Owing to these factors, the market is projected to exceed US$ 37.2 Billion by 2024, exhibiting a CAGR of around 14% during 2019-2024. Report Coverage: Breakup by Technology: - Face Recognition Breakup by Functionality: - Contact Breakup by Authentication: - Single-Factor Authentication Breakup by Component: - Hardware Breakup by End-User: - Government Breakup by Region: - North America Competitive Landscape: The global biometrics market consists of numerous small and large manufacturers. Some of the leading players operating in the market are Accu-Time Systems, BIO-Key International, Inc., Cognitec Systems, GmbH, Fujitsu Limited, 3M Cogent, Inc., IDTECK, NEC Corporation, Siemens AG, RCG Holdings, Ltd., Suprema, Inc., Lumidigm, Inc., IrisGuard, Inc., Daon, Inc., DigitalPersona, Inc. and Morpho SA (Safran). Key Questions Answered in This Report: How has the global biometrics market performed so far and how will it perform in the coming years? Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/biometrics-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2019-2024/1445330 About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors. Contact us at: Bharat Book Bureau Like it? Share it! More by this author |