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Biometrics Market in North America 2016-2020 - New Market Study Published

Fast Market Research announces the availability of the new TechNavio report, "Biometrics Market in North America 2016-2020", on their comprehensive research portal


Boston, MA -- (SBWIRE) -- 06/20/2016 -- Biometrics is a technology that is useful for identifying individuals based on physical or behavioral features. It provides an additional level of security for people and important information. It involves identification and verification of physical traits such as fingerprints, hand geometry, face recognition, and iris recognition, and behavioral traits such as keystroke patterns, signature, and voice recognition. The technology can be used for identification and authentication. The biometric system can be either an identification or a verification system. An identification system identifies an individual without their consent. These systems are more often used in surveillance applications. In a verification system, biometric traits are used to verify a person's identity.

Technavio's analysts forecast the biometrics market in North America to grow at a CAGR of 12.28% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Biometrics Market in North America 2016-2020

Covered in this report

The report covers the present scenario and the growth prospects of the biometrics market in North America for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric solutions including hardware, software, integrated solutions, and services offered in the government sector.

The market is divided into the following segments based on geography:

-The US

Technavio's report, Biometrics Market in North America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Crossmatch Technologies
-3M Cogent
-M2SYS Technology

Other prominent vendors

-Advanced Biometrics
-Amano Cincinnati
-BIO-Key International
-Cognitec Systems
-Fingertec USA
-Griaule Biometrics
-Nuance Communications
-Precise Biometrics

Market driver

-Increased acceptance of multimodal biometrics
-For a full, detailed list, view our report

Market challenge

-High cost of biometric systems
-For a full, detailed list, view our report

Market trend

-Emergence of mobile biometric payments
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Crossmatch Technologies, 3M Cogent, M2SYS Technology, NEC, Safran, Advanced Biometrics, Amano Cincinnati, Aware, BIO-Key International, Cognitec Systems, DigitalPersona, Fingertec USA, Fujitsu, GAMASIS, Griaule Biometrics, M2SYS, Nuance Communications, Precise Biometrics, ZKTeco

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