Pune, India -- (SBWIRE) -- 06/14/2018 -- Fingerprint biometric technology is used to match the fingerprint scan of an individual with the database to identify and verify an individual's identity based on features such as whorl, arch, and loop. Pattern-based algorithms are used to match an individual's fingerprint against the database. In addition, fingerprint biometric is being used as an option to ID cards to track time and attendance of employees. The fingerprint biometrics market is segmented on the basis of end user, technology, and region. Based on end user, the market is categorized into transit, government, healthcare, retail, BFSI, and others. By technology, it is classified into AFIS technology and non-AFIS technology.

This study report on global Fingerprint Biometrics market throws light on the crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities. The report talks about the competitive environment prevailing in the Fingerprint Biometrics market worldwide. The report lists the key players in the market and also provides insightful information about them such as their business overview, product segmentation, and revenue segmentation. Further, the report studies the market share held by the key players and forecast their growth during the next couple of years. The report also looks at the latest developments among the key players in the Fingerprint Biometrics market such as partnerships, mergers, and acquisitions.

Key Players:
Anviz Global, FUJITSU, Fingerprint Cards AB, Fulcrum Biometrics, LLC., Gemalto NV, Idex ASA, NEC Corporation, Precise Biometrics, Inc., Synaptics Incorporated and Samsung Electronics Co., Ltd. amongst others.

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Global fingerprint biometrics market was valued at US$ 3.86 Bn in 2017 and is anticipated to reach US$ 6.51 Bn by 2022.

The regions which have been studied in depth are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. This helps gain better idea about the spread of this particular market in respective regions. A list of leading manufacturers have been given prime value to ensure their strategies are understood in this particular market.

This report presents a 360-degree overview of the competitive scenario of the Global Fingerprint Biometrics market. The report includes massive data relating to the recent product and technological developments observed in the market, complete with an analysis of the impact of these advancements on the market's future development. The research report analyzes the global Fingerprint Biometrics market in a detailed manner by explaining the key aspects of the market that are expected to have a quantifiable influence on its developmental prospects over the forecast period.

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Microeconomic and macroeconomic factors which affect the Fingerprint Biometrics market and its growth, both positive and negative, are also studied. The report features the impact of these factors on the ongoing market throughout the mentioned forecast period. The upcoming changing trends, factors driving as well as restricting the growth of the market are mentioned.

Various factors are responsible for the market's growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Fingerprint Biometrics market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Fingerprint Biometrics market's trajectory between forecast periods.

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