Next Generation Biometrics Market Analysis and Opportunities 2015-2020

1
Next Generation Biometrics Market Forecast (2015
- 2020)
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Next Generation Biometrics Market Forecast (2015
- 2020)
Next Generation Biometrics Market Analysis by
Type of Authentication (Single Factor,
Multi-Factor, Multi-Modal) Biometric Type (IRIS,
Face, Fingerprint, Vein) By Application
(Banking, Government, Consumer Electronics,
Retail) - Forecast (2015 - 2020)
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Next Generation Biometrics Market Forecast (2015
- 2020)
Next Generation Biometrics Market Overview
Biometrics is the measurement of physiological
traits such as finger print, voice, face, iris,
and so on. Biometric devices are pattern
recognition systems which use the mathematical
algorithms to identify and authenticate an
individual by measuring and analyzing the already
fed biometric data of those individual traits.
These are reliable and accurate than any other
security devices owing to the non-duplicity of
the individual traits.
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Next Generation Biometrics Market Forecast (2015
- 2020)
Next Generation Biometrics Market Estimations

• According to IndustryARC, the Next Generation
  Biometrics Market was 5.9 Billion in 2014 and is
  growing at a healthy CAGR of 22 during the
  forecast period 2015-2020. Clearly, the
  increasing demand for security across all regions
  of the world along with convenience in a cost
  effective device is the key driver for the
  market.
• Next Generation Biometrics Market for developed
  economies such as American regions and Europe was
  high in 2014. These regions continue to showcase
  higher adoption of biometrics in the period
  2015-2020.

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Next Generation Biometrics Market Forecast (2015
- 2020)
Market Revenue
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Next Generation Biometrics Market Forecast (2015
- 2020)
Next Generation Biometrics Market Driving Factors
Key Factors that drive adoption of biometrics in
any industry are Security, Convenience and Cost.
Moreover, the need for unique credentials to
authenticate an individual that are less prone to
theft or loss is facilitating the shift from
traditional techniques to biometrics.
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Next Generation Biometrics Market Forecast (2015
- 2020)
Next Generation Biometrics Market Segmentation

• The Next Generation Biometrics Systems Market is
  a compact Industry and segmented into 3 types
  based on the following factors
• By Type Single Factor Authentication and Multi
  Factor Authentication
• By Application Banking, Healthcare, Hospitality,
  Retail, Gaming, Consumer Electronics, Enterprises
  Corporations and Others.
• By Geography Americas, APAC and ROW.
• Each of these above segmentations is split into
  further sub segments like IRIS, Fingerprint,
  Face, and Pin etc.

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Next Generation Biometrics Market Forecast (2015
- 2020)
Key Market Players of Next Generation Biometrics
Market

• Key Players are studied in depth in this Market
  Research Report. Few notable companies are
• Morpho (France)
• NEC Corporation (Japan)
• 3M Cogent Inc. (U.S)
• Synaptics Inc. (U.S
• Fingerprint Cards AB (U.S)
• Other Key Players are
• Suprema Inc. (Korea)
• Cross match Technologies (U.S)
• RCG holding Ltd.
• Fujitsu Inc. (Japan), and so on

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THE ARC PROCESS
1. Get a top down Estimate of the market 2.
Follow it up with a bottom up estimate of the
market. 3. Check for consistency and new growth
factors that that are relevant over the next 10
Years 4. Build the
1.Granular breakdown of the drivers into
factors 2. Validating all factors in terms of
their present impact on the market. 3.
Assigning weights to these factors in terms or
their relevance impact on the market. 4. Build
the
1. Verify the findings of the model with experts
from across the value chain. 2. Verify the
findings with players across small and large
enterprises 3. Tweak the model and add new
factors 4. Finalize the
1. Granular breakdown of drivers into factors 2.
Validating all factors in terms of their present
impact on the market. 3. Assigning weights to
these factors in terms of their relevance
impact on the market. 4. Build the
Consolidated Model
ARC Model
Base Model
Analytical Model
Consolidated Model
Base model
ARC Model
Analytical Model
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