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Biometrics Market By Component (Hardware, Software), By Authentication Type (Single Factor Authentication, Multifactor Authentication), By Function (Non-Contact, Others), By Application (Government, Commercial, Healthcare) - Forecast 2023<br><br>
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Biometrics MarketForecast 2023 Biometrics Market Report-Forecast 2023
Biometrics Market Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.
BiometricsMarket Forecast 2023 Summary Biometric system refers to biological data used by technology to identify the person. This systems enables organization to provide statistical analysis of physical and behavioral characteristics of people. In short, biometric authentication states that each individual is unique and can be identified by his or her distinct behavioral and physicaltraits. The factors driving Biometrics Market includes, unique and easy operation of biometricsystem,growing terror attacks andincreasing crimesare fueling the market growth. By authentication type segment, fingerprint recognition technology accounts for high market share in Biometrics Market. High implementation of fingerprint recognition technology in e-passports, travel and immigration, e-visas and driving license is fueling the Biometrics Market. According to the study, by segment, travel and immigration sector acquires largest market share, owing to high adoption of biometric system in travelling and immigration industry by UK and US region. The requirement for compliance for regulatory purpose and investigationis forcingenterprisesto adoptbiometricsystemservices. application internal Biometrics Market is segmented on the basis of authentication type that includes single factor authentication. This is further bifurcated into fingerprint authentication, iris recognition, palm print recognition, finger recognition and vein Fingerprint recognition accounts for highest market share in biometric market owing to increased implementation of it in computers, laptops and smartphones for security purpose. It is most commonly used in travelling and immigration industry due to low cost, easy authenticationandexcellentservice. recognition. system P a g e | 3 Copyright © 2017 Market Research Future.
BiometricsMarket Forecast 2023 Major KeyPlayers: The prominent players in the Biometrics Market are- SA(France), NEC Corporation (Japan),FujitsuLtd.(Japan),BIO-KeyInternational, Inc.(U.S.),Precise Biometrics AB (Sweden), SecunetSecurityNetworks AG(Germany), Thales SA (France), Aware, Inc. (U.S.), Cognitec Systems GmbH (Germany), Cross Match Technologies (U.S.), among others. P a g e | 4 Copyright © 2017 Market Research Future.
Biometrics MarketForecast 2023 Segmentation: Biometrics Marketforsegmentonthebasisofcomponent,authenticationtype, function andapplication. Biometrics MarketbyComponent: Hardware • Fingerprint readers • Scanners (Live Scanner, Palm vein scanner) • Camera (Eye/Iris/Face/Retinacamera) • Others (Microphones, Speakers) Software Biometrics Marketby Authentication Type: Multi-FactorAuthentication Biometrics combined with Smart CardTechnology Biometrics combined with PinTechnology Two biometric factorauthentications Three biometric factorauthentications • • • • Biometrics Market by Function: Contact Non-Contact • • Biometrics Market byApplication: Government BFSI Healthcare Military andDefense ConsumerElectronics Security Home Commercial Travel andImmigration • • • • • • • • • P a g e | 5 Copyright © 2017 Market Research Future.
BiometricsMarket Forecast 2023 RegionalAnalysis: The regional analysis of Biometrics Market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America region is expected to account for largest market share in Biometrics Market owing to high implementation of biometrics system government and security agencies and wide adoption of fingerprint recognition by USregion. Asia- Pacific region is growing at highest CAGR rate owing to increased adoption of this system by government insecurity of nationalheritage, airportsand e-passportverification. by P a g e | 6 Copyright © 2017 Market Research Future.