DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/7tpm76/global_biometric) has announced the addition of the "Global Biometric Authentication & Identification Market: Focus On Modality, Motility & Application - Estimation & Forecast, 2015-2020" report to their offering.
The global biometric authentication and identification systems market is expected to grow at an estimated CAGR of 17% from 2015 to 2020 and generate over $25 billion (approximately) by 2020 as per the estimates of the analysts. While majority of the demand is sourced out of APAC and Middle East, countries such as the U.S. and the U.K. continue to be the leading revenue generating countries in the biometrics market. The governments of these countries are implementing the necessary laws and encouraging heavy investments in major research and development projects to support advanced modern innovations.
Since 2012, the biometric access control market is being largely driven by multifarious acquisitions and partnerships involving market giants and emerging (word seems better than smaller) players alike. With the penetration of information technology, ensuring security and restricting access has become a much more manageable task, and on the other hand, the threat of breaching such security measures has become rather frequent, thus leading to higher risks of violation of information.
The global biometric authentication and identification market has evolved though several stages of advancement, both in hardware and software. The massive proliferation of Smartphones and tablets has been largely responsible for ramping up the sales for the global market, growing popularity of Wearable technology, increasing adoption of E-Commerce services, provision of second/third level of security using Multimodal Biometric Authentication systems, increasing government support, increasing adoption of biometric authentication in E-Banking And mobile payments, & Healthcare sector and increased security & convenience for consumers
Key Topics Covered:
1 Report Scope
2 Executive Summary
3 Market Dynamics
4 Global Biometric Authentication Market, By Modality
5 Global Biometric Authentication And Identification Market, By Motility
6 Global Biometric Authentication And Identification Market, By Application
7 Global Biometric Authentication And Identification Market , By Geography
8 Market Trends, Developments, & Strategies
9 Company Profiles
10 Appendix
Companies Mentioned
- 3M
- Anvis Global
- Apple Inc.
- Authentec Inc.
- Aware Inc.
- Bio-Key International
- Cognitec Systems
- Crossmatch Technologies
- Diamond Fortress Technologies
- Fingerprint Cards AB
- Fujitsu
- Fulcrum Biometircs
- Hid Global
- Iris Id Systems, Inc.
- Kaba Group
- M2Sys Technology
- Morpho Group
- Morphotrak LLc,
- Morphotrust LLc, Inc.
- Nec Corporation
- Precise Biometics
- S.I.C. Biometrics, Inc.
- Sensory, Inc.
- Synaptics, Inc.
- Tyco International, Ltd.
For more information visit http://www.researchandmarkets.com/research/7tpm76/global_biometric
