Global Biometrics Market Growing At CAGR 12.28%, Significant Forecast, Trends And Opportunity in North America 2016-2020
Biometrics is a technology that is useful for identifying individuals based on physical or behavioral features. It provides an additional level of security for people and important information. It involves identification and verification of physical traits such as fingerprints, hand geometry, face recognition, and iris recognition, and behavioral traits such as keystroke patterns, signature, and voice recognition. The technology can be used for identification and authentication. The biometric system can be either an identification or a verification system. An identification system identifies an individual without their consent. These systems are more often used in surveillance applications. In a verification system, biometric traits are used to verify a person's identity.
Technavios analysts forecast the Biometrics Market in North America to grow at a CAGR of 12.28% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the biometrics market in North America for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric solutions including hardware, software, integrated solutions, and services offered in the government sector.
The market is divided into the following segments based on geography:
The US
Canada
Technavio's report, Biometrics Market in North America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Crossmatch Technologies
3M Cogent
M2SYS Technology
NEC
Safran
Other prominent vendors
Advanced Biometrics
Amano Cincinnati
Aware
BIO-Key International
Cognitec Systems
DigitalPersona
Fingertec USA
Fujitsu
GAMASIS
Griaule Biometrics
Nuance Communications
Precise Biometrics
ZKTeco
Market driver
Increased acceptance of multimodal biometrics
For a full, detailed list, view our report
Market challenge
High cost of biometric systems
For a full, detailed list, view our report
Market trend
Emergence of mobile biometric payments
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Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market description
Evolution of biometrics
Work flow of biometrics
Applications of biometrics
Comparison of biometric technologies
PART 06: Market opportunities
PART 07: Market landscape
Market overview
Market size and forecast
PART 08: Market segmentation by technology
Biometrics market in North America by technology
Fingerprint recognition market in North America
Facial recognition market in North America
Iris recognition market in North America
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