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Global biometrics technology market players analysis by 2023 made available by top research firm

Biometrics technology is used for recognition and verification of persons by analyzing their fingerprints, voice, face, iris and hand geometry signatures.

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According to Stratistics MRC, the global Biometric Technology market is expected to grow from $3.24 billion in 2016 to reach $12.22 billion by 2023 with a CAGR of 20.8%. 

Some of the key factors that are propelling the market growth include advancement in technologies, rising applications in commercial & government sectors, growing demand for improved security systems in organizations. However, hug capital investments and technological restrictions are some factors creating a challenge for this market.

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Browse the report: www.orbisresearch.com/reports/inde…outlook-2017-2023

By application, automated fingerprint identification system (AFIS) is expected to witness highest CAGR over the forecast period owing to its demand in various civil applications and law enforcements. Based on geography, Asia Pacific region is anticipated to grow at a fastest rate attributed to rising awareness of biometrics technology in emerging nations.

The markets in China, India, Mexico and Russia are projected to grow significantly.

Some of the key players in this market include Suprema, Inc., Fujitsu Limited, IDTECK, IrisGuard, Inc. , Lumidigm, Inc., Morpho SA (Safran), NEC Corporation, RCG Holdings, Ltd., BIO-Key International, Inc., Cognitec Systems, GmbH, Daon, Inc., Accu-Time Systems, Inc., DigitalPersona, Inc., Siemens AG and 3M Cogent, Inc.

Components Covered:
• Hardware
• Software

Function Types Covered:
• Contact
• Non-Contact
• Other Function Types

Request a sample of the report: www.orbisresearch.com/contacts/request-sample/405708

Applications Covered:
• Voice Recognition
• Non-Automated Fingerprint Identification System (AFIS)
• Signature Recognition
• Vein Recognition
• Iris Recognition
• Hand geometry Recognition
• Biometrics Combined With Pin Authentication
• Face Recognition
• Biometric System Combined With Smart Card Authentication
• Automated Fingerprint Identification System (AFIS)
• Multi-Modal Authentication
• Other Applications

End Users Covered:
• Travel & Immigration
• Healthcare
• Banking & Finance
• Defense & Security
• Government
• IT & Telecommunication
• Consumer Electronics
• Transport/Logistics
• Other End Users

Regions Covered:

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
  • South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

List Of Tables
1 Global Biometrics Technology Market Analysis, By Region
2 Global Biometrics Technology Market Analysis, By Component
3 Global Biometrics Technology Market Analysis, By Hardware
4 Global Biometrics Technology Market Analysis, By Scanners
5 Global Biometrics Technology Market Analysis, By Fingerprint Readers
6 Global Biometrics Technology Market Analysis, By Camera
7 Global Biometrics Technology Market Analysis, By Other Hardware
8 Global Biometrics Technology Market Analysis, By Software
9 Global Biometrics Technology Market Analysis, By Function Type
10 Global Biometrics Technology Market Analysis, By Contact
11 Global Biometrics Technology Market Analysis, By Non-Contact
12 Global Biometrics Technology Market Analysis, By Other Function Types
13 Global Biometrics Technology Market Analysis, By Application
14 Global Biometrics Technology Market Analysis, By Voice Recognition
15 Global Biometrics Technology Market Analysis, By Non-Automated Fingerprint Identification System (AFIS)

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