According to a new market research report “Next Generation Biometrics Market by Application (Government, Military & Defense, Healthcare, Banking & Finance, Consumer Electronics, Travel & Immigration, and Security), Technology (Face Recognition, Fingerprint Recognition, Iris Recognition, Palm Recognition, Voice Recognition, Signature Recognition, Vein Recognition, and Others), Function (Contact and Non-Contact) & Geography (North America, Europe, APAC, Row) - Global Forecast to 2020”, the next generation biometrics market is expected to reach $24,448.84 Million by 2020, growing at a CAGR of 17.9% between 2015 and 2020.
Browse 72 market data tables and 79 figures spread through 178 pages and in-depth TOC on “Next Generation Biometrics Market".
Early buyers will receive 10% customization on this report.
Request Sample @ http://www.marketsandmarkets.com/requestsample.asp?id=697
The increasing use of a biometric technology in e-commerce and the cloud computing platform for a biometric technology provide ample opportunities for the next generation biometrics market. On the other hand,government initiatives to adopt biometrics in various fields, increased demand for biometric technologies in smartphones, and introduction of e-passports, implementation of biometric technology in election administration and criminal identification are propelling the growth of the next generation biometrics market.
The overall next generation biometrics market is segmented into various segments, namely, technology, application, function, and geography. The next generation biometrics market for single-factor authentication is expected to grow at an estimated CAGR of 17.5% between 2015 and 2020.
Geographically, the next generation biometrics market is segmented into North America (the U.S., Canada, and Mexico), Europe (Germany, the U.K., France, and Italy), APAC (China, Japan, India, and South Korea), and RoW (Africa and the Middle East). The North American market accounted for a market share of ~35% in 2014 and is estimated to grow at a CAGR of 17.7% between 2015 and 2020. The APAC region is expected to grow at the highest rate of 18.9% between 2015 and 2020.
Key players in the next generation biometrics market include Safran SA (France), NEC Corporation (Japan), 3M Cogent Inc. (U.S.), Cross Match Technologies (U.S.), Fulcrum Biometrics (U.S.), Thales SA (France), Bio-key International, Inc. (U.S.), Suprema Inc. (South Korea), Fujitsu Ltd. (Japan), Precise Biometrics AB (Sweden), and Secunet Security Networks AG (Germany).
Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=697
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.Contact:
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252