The Biometric Technology Market is Projected to Grow at a Substantial Rate - PowerPoint PPT Presentation

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The Biometric Technology Market is Projected to Grow at a Substantial Rate

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Biometric Technology Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $10.72 billion by 2022, registering a CAGR of 19.4% during the period 2016-2022. – PowerPoint PPT presentation

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Title: The Biometric Technology Market is Projected to Grow at a Substantial Rate


1
The Biometric Technology Market is Projected to
Grow at a Substantial Rate
Opportunities and Forecasts, 2014- 2022
2
INTRODUCTION
In the year 2015, North America was the highest
revenue-generating region, owing to increasing
adoption of advanced security and authentic
solutions and service in the government and
commercial sector. Furthermore, the region is
projected to continue its dominance throughout
the forecast period due to increasing need for
multilevel biometric solutions and services in
various end-user verticals. Europe was the
second largest market, in terms of revenue
generation, followed by Asia-Pacific. Major
factors that boost the biometric technology
market worldwide include increasing security
privacy concerns and rising standard of
living. Biometric Technology Market Report,
published by Allied Market Research, forecasts
that the global market is expected to garner
10.72 billion by 2022, registering a CAGR of
19.4 during the period 2016-2022.
Biometric Technology Market
3
Biometric Technology
Click to Get sample PDF
Brochure https//www.alliedmarketresearch.com/req
uest-free-sample/237
Biometric Technology Market
4
Biometric technology provides advanced
methodology over traditional PIN based methods.
This technology is used to secure the sensitive
or personal data from fraudulent use of an
individuals possessions, such as ATMs, smart
cards, mobile phones or access to desktops,
laptops, workstations, or networks by unique
identification technique. It uses both
physiological as well as psychological traits for
identification that makes it beneficial in
variety of crucial applications, such as national
security, law enforcement, enterprise
e-governance, personal information business
transactions, and others. Biometric systems are
designed with a storage component for biometric
data samples of individuals and are linked to the
information on their identity.
OVERVIEW
Biometric Technology Market
5
This biometrics industry report provides an
in-depth knowledge of the biometric technology
market to elucidate opportunities in the
market. Current trends and future estimations
have been outlined to determine the overall
market potential and single out profitable trends
to gain a stronger foothold. A quantitative
analysis of the current market trends and
forecast from 2016 to 2022 has been provided to
highlight the financial competency of the
market. Porters five forces analysis of the
industry illustrates the potency of buyers and
suppliers operating in the market. Value chain
analysis provides a clear understanding of the
roles of stakeholders involved. Check offers and
discount on this report https//www.alliedmarketr
esearch.com/get-discount/237
KEY BENEFITS
Biometric Technology Market
6
 
INVESTMENT POCKETS
Biometric Technology Market
7
The report features a competitive scenario of
thebiometric technology market and provides a
comprehensive analysis of key growth strategies
adopted by major players. Key players adopt
product launches, and mergers acquisitions as
their key growth strategies to expand their
presence and gain a competitive edge. Companies
profiled in the report include 3M Company (Cogent
Systems, Inc.), Fujitsu Frontech Limited,
ImageWare Systems, Inc., Suprema, Inc., Safran
S.A., secunet Security Networks AG, Thales S.A.,
BIO-key International, Inc., NEC Corporation, and
Precise Biometrics. Need More Information
Enquire here https//www.alliedmarketresearch.com
/purchase-enquiry/237
KEY PLAYERS
Biometric Technology Market
8
About Allied Market Research Allied Market
Research (AMR) is a full-service market research
and business-consulting wing of Allied Analytics
LLP based in Portland, Oregon. Allied Market
Research provides global enterprises as well as
medium and small businesses with unmatched
quality of "Market Research Reports" and
"Business Intelligence Solutions". AMR has a
targeted view to provide business insights and
consulting to assist its clients to make
strategic business decisions and achieve
sustainable growth in their respective market
domain. Contact Us 5933 NE Win Sivers
Drive, 205, Portland, OR 97220, United
States. Int'l 1-503-894-6022 Toll Free
1-800-792-5285 Fax 1-800-792-5285
Contact Allied Market Research
Biometric Technology Market
9
 
Thank You! For More Details
Visit us at
https//www.alliedmarketresearch.com/biometric-te
chnology-market
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