Global Biometrics Market Forecast and Opportunities, 2020

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Global Biometrics Market Forecast and
Opportunities, 2020
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Summary
Biometrics is a technique to measure
fingerprints, iris patterns, facial features and
other physiological characteristics which are
unique to an individual, for the purpose of
identification and authorization. Global
biometrics market is witnessing escalation in
demand from various sectors. This is primarily
due to improving accuracy rate, reliability and
longevity of biometric authentication systems.
Biometric systems market is driven by continuous
launch of better products. Of the available
technologies in the market, fingerprint
biometrics is the most widely used biometric
recognition technology, but the trend seems to be
changing given that other biometric technologies
like palm vein and hand geometry are becoming
more feasible and prevalent. Over the next five
years, vein scanners are expected to witness
escalation in demand and consequently register
fastest growth among all other segments. 
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According to Global Biometrics Market Forecast
Opportunities, 2020, the market for biometric
authentication systems is projected to grow at a
CAGR of around 14 till 2020. The driving forces
for this highly competitive market will be
increasing security needs, government projects
and constant development in technology. In 2014,
government projects accounted for about 13 share
in global biometric authentication systems
market. In addition, biometric systems are
gaining attraction in the residential sector as a
result of which the market for these systems is
estimated to grow significantly. Due to high
initial investment and fulltime RD costs, which
are two major entry barriers restricting entry of
new players into the biometrics market, well
established players face negligible threat from
new entrants. However, competition among existing
players is intensifying, with each trying to gain
a greater share. Proven credibility of biometric
products and competitive pricing have diminished
the threat of substitutes, and with small as well
as established players offering biometric
products in the market, competitive rivalry is
set to intensify further. 
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 The report also discusses various other aspects
affecting the market like the bargaining power of
suppliers and buyers. Global Biometrics Market
Forecast Opportunities, 2020 discusses the
following aspects Global Biometrics Market
Size, Share Forecast Segmental Analysis- By
Product Type, By Application By Geography
Pricing Analysis Changing Market Trends
Emerging Opportunities Competitive Landscape
Strategic Recommendations
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Why You Should Buy This Report? To gain an
in-depth understanding of global biometric
systems market To identify the on-going trends
and anticipated growth in the next five years
To help industry consultants, vendors and other
stakeholders align their market-centric
strategies To obtain research based business
decisions and add weight to presentations and
marketing material To gain competitive
knowledge of leading market players To avail
10 customization in the report without any extra
charges and get the research data or trends added
in the report as per the buyers specific needs
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Table of Contents

1. Introduction
2. Research Study Methodology
3. Analyst View
4. Global Biometric Systems Market-Industry Outlook
5. Global Biometrics Market Regional Analysis
6. Global Biometrics Market Application Analysis
7. Biometric Type Analysis
8. Global Government Projects, 2009-2020F
9. Biometric Authentication Systems Market
   Overview
10. Global Fingerprint (AFIS Non-AFIS) Recognition
    Market

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To view the full Executive Summary and Table of
Contents, please visit Global Biometrics
Market Forecast and Opportunities, 2020 Contact
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