Global Market Research Report on Biometric Technology Market 2017 is a professional and in-depth complete study on the current state of the Biometric Technology worldwide.
Deerfield Beach, FL -- (SBWIRE) -- 07/20/2017 -- The global Biometric Technologies market is categorized into facial recognition, finger recognition, voice recognition, palm print recognition, signature recognition, iris recognition, vein recognition, etc. Face, finger, and iris recognition are most significant technologies due to their wider scope in various surveillance systems. Biometric is a technology used to identify the individuals based on their traits. Increasing demand for surveillance systems is driving the biometric technology market, globally. This technology is expected to experience healthy growth rate due to the rising need for security measures to limit illegal activities. The biometric technology is chiefly uses face, finger, palm print recognition, etc. Global market analysis would provide intelligence about growth potential of the biometric technology market for global players. The report helps in delivering competitive intelligence of key developmental strategies adopted by top market players. Leading companies mentioned in the report are 3M, Cross Match Technologies, Fujitsu Ltd. Fingerprint cards AB, Atmel Corporation, NEC Corporation, Facebanx, and Siemens AG.
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Biometric technology applications are primarily divided into consumer electronics, home security systems, and commercial security systems. The biometric technologies such as finger, face and iris recognition are commonly used in above stated applications. In addition to these, some other applications such as government and defense, travel and immigration, Banking and Finance, and healthcare are using biometric technologies Report presents an overview of global biometric technology market by using Porter's five force analysis. Increase in demand for security systems has marked the growth rate of biometric technology in the global market. The report emphasis on the various biometric technologies involved in the security systems. The key intermediaries involved in this market are analyzed strategically through value chain analysis. This report discusses the market trends, drivers, and challenges of the biometric technology market, including the forecasts of the market during 2013 to 2020. Geographical analysis of biometric technology market involves North America, Europe Asia-Pacific and RoW. Countries such as China and Japan are increasing their core competencies through advanced technologies in Asia-Pacific region.
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MARKET BY TECHNOLOGY
Face Recognition Technology
Finger Recognition Technology
Iris Recognition Technology
Palm Print Recognition Technology
Voice Recognition Technology
Signature Recognition Technology
Vein Recognition Technology
MARKET BY APPLICATIONS
Travel and Immigration
Banking and Finance
MARKET BY GEOGRAPHY