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Global Military Biometrics Market to Grow at a CAGR of 7.5% During the Period 2016-2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Military Biometrics Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 01/11/2017 -- Report forecast the global military biometrics market to grow at a CAGR of 7.5% during the period 2016-2020.

Over the last decade, there has been an increase in the number of insurgent and criminal activities and attacks across the globe. This has prompted the governments of a majority of the countries to invest considerably in enhancing the surveillance and monitoring systems through the purchase of new biometric equipment and related technologies. In addition, the growing instability in certain regions has led to high migration of people from Middle Eastern countries like Syria and Iraq to EMEA and North American regions.

To address the issue, defense and homeland security ministries of countries are improving their border security systems by installing new fingerprint, facial, and iris recognition systems to help identify any suspect or terrorist entering the country. Hence, the defense ministries are rapidly adopting and implementing biometrics in several areas, including identity checks during border control, drug and human trafficking, criminal investigations, and others such as jail management.

The report covers the present scenario and the growth prospects of the global military biometrics market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric systems in the military.

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

According to the report, several government agencies are using biometric technologies for local, state, and federal criminal investigations. In January 2016, the FBI of the US opened a Biometrics Technology Center in North Central West Virginia. The new facility has advanced biometric identification and recognition technology, using human characteristics that provide identification of criminal and national security suspects to law enforcement and military personnel. In March 2016, Northrop Grumman received a contract from the US Army to supply biometric technology to manage investigations, threat inquiries, and other activities associated with the complaints registered and inquiries about any illegal leaks of confidential national security information. In May 2016, the US Navy awarded a biometric surveillance contract to Carnegie Mellon University. The contract included basic and applied research on unconstrained resolution; occlusion, pose, and aging tracking; and surveillance and identification in support of the Special Surveillance Program.

Further, the report states that although biometric readers offer numerous advantages during crime investigation, border control, and background check of individuals or suspected criminals, the total cost of ownership of biometric systems is high. Also, there is a wide range of biometric technologies used globally that require different devices for which costs may vary significantly. The installation of biometric systems involves high capital expenditures with the implementation of middleware, application software, and system integration. Several biometric technologies like iris biometrics, DNA analysis, and facial biometrics, palm vein biometrics are being used, which are costly and require regular maintenance. Also, costs for such large-scale systems installations include higher initial capital expenditure for hardware and software as well as the cost of maintaining equipment and managing databases requires more funds.

Global Military Biometrics Market 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 players in the global military biometrics market: M Cogent, Crossmatch, M2SYS Technology, NEC, and Safran

Other Prominent Vendors in the market are: 4Gid, AGNITIO, Aware, BIO-key International, Corvus Integration, Fujitsu, Fulcrum Biometrics, Gemalto, Giesecke & Devrient, HID Global, Northrop Grumman, Precise Biometrics, Suprema, and Thales

Market driver
- Increasing adoption in homeland security
- For a full, detailed list, view our report

Market challenge
- Limitations regarding data accuracy
- For a full, detailed list, view our report

Market trend
- Introduction of multimodal biometrics
- 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?

Spanning over 63 pages and 32 Exhibits "Global Military Biometrics Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by technology, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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