Market Overview

$63.26 Bn Next Generation Biometrics Market - Global Outlook 2017-2026 - ResearchAndMarkets.com

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The "Next
Generation Biometrics - Global Market Outlook (2017-2026)"

report has been added to ResearchAndMarkets.com's
offering.

The Global Next Generation Biometrics market accounted for $13.89
billion in 2017 and is expected to reach $63.26 billion by 2026 growing
at a CAGR of 18.3% during the forecast period.

Increasing number of government initiatives to adopt biometrics, growing
need for surveillance and security owing to the threats of terrorist
attack, proliferation of biometric technology in applications such as
financial institutes, retail & automotive and increased convenience,
secure identity management & superior human resource management are the
key driving factors for the market growth. However, high deployment
costs are hindering the market growth.

The identity of a person based on certain physical or behavioral
characteristics is recognized and authenticated by the biometric
process. A person can be exceptionally identified by evaluating one or
more distinguishing biological traits through biometric verification.
The uniqueness of a person can be identified from different types of
biometric technologies such as fingerprints, signature, palm
recognition, face detection and record of their voice.

This data is then compared to the biometric data of several other
persons kept in a database to authenticate a person's identity. With the
help of this biometric technology, the government agencies are able to
solve crimes, prevent fraud in voting or public benefit applications,
secure national borders, or protect identities for a variety of other
applications, such as access control, banking and employee background
checks.

Scope of the Report

Types Covered:

  • Noncontact Functionality
  • Combined Functionality
  • Contact Functionality

Components Covered:

  • Software
  • Hardware
  • Services

Authentication Types Covered:

  • Single-Factor Authentication
  • Multifactor Authentication

Applications Covered:

  • Government
  • Miltary & Defence
  • Law Enforcement
  • Enterprises
  • Banking & Finance
  • Healthcare
  • Residential Homes
  • Airports
  • Consumer Electronics
  • Travel & Immigration
  • Automotive
  • Security
  • Other Applications

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Next Generation Biometrics Market, By Type

6 Global Next Generation Biometrics Market, By Component

7 Global Next Generation Biometrics Market, By Authentication Type

8 Global Next Generation Biometrics Market, By Application

9 Global Next Generation Biometrics Market, By Geography

10 Key Developments

11 Company Profiling

  • Assa Abloy
  • Aware
  • Bio-Key International
  • Cognitec Systems
  • Cross Match Technologies
  • Daon
  • Facebanx
  • Fujitsu
  • NEC
  • Precise Biometrics
  • Safran
  • Secunet Security Networks
  • Securiport
  • Stanley Black & Decker
  • Thales

For more information about this report visit https://www.researchandmarkets.com/research/kg3g7c/63_26_bn_next?w=4

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