Pune, India -- (SBWIRE) -- 08/13/2018 -- The global biometric system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of biometric system market for global, Europe, North America, Asia pacific and South America.

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New research on Global Biometric System Market is anticipated to reach USD 33.5 Billion by 2025, from USD 12.93 Billion in 2017 growing at a CAGR of 17.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025.

Global biometric system market report covers data points for 28 countries across multiple geographies namely north America & south America, Europe, Asia-Pacific And, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Some of the major players operating in the global biometric system market are:

- Safran,
- NEC Technologies India Private Limited,
- FUJITSU,
- Aware, Inc.,
- Gemalto Cogent, Inc.,
- BIO-key International, Inc.,
- Precise Biometrics AB,
- secunet Security Networks AG.,
- Thales Group,
- Cognitec Systems GmbH,
- Crossmatch.,
- Fulcrum Biometrics, LLC.,
- Daon,
- Facebanx ,
- HID Global Corporation/ASSA ABLOY AB.,
- SUPREMA,
- IRITECH, INC.,
- M2SYS Technology and among others.

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Global Biometric System Market Overview:

- Based on authentication, the global biometric system market is classified into single factor authentication and multi-factor authentication. Single factor authentication is segmented into fingerprint recognition, iris recognition, palm print recognition, face recognition, vein recognition, signature recognition, voice recognition and other biometric technologies.

Other biometric technologies are further segmented into DNA recognition, keystroke recognition and gait recognition. Multi-factor authentication is segmented into smart card authentication, pin authentication and multi-modal authentication. Multi-modal authentication is further segmented into two biometric factors authentication and three biometric factors authentication.

- On the basis of component, the global biometric system market is segmented into hardware and software. Hardware is further segmented into fingerprint readers, scanners, camera, and others.

- On the basis of function, the global biometric system market is segmented into contact, non-contact, and others.

- On the basis of application, the global biometric system market is segmented into government, military & defence, healthcare, banking & finance, consumer electronics, security, travel & immigration and others application. Security is further segmented into home security and commercial security.

Reasons to Purchase this Report

- Current and future of global biometric system market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report

- The report includes the complete segmentation displayed above across all above mentioned countries
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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