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Research and Markets: Russia Biometrics Market is Set to Achieve Revenues up to USD 393 Million By 2018

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DUBLIN - January 29, 2014 ( newswire) Research and Markets has announced the addition of the "Global Biometrics Market in the Healthcare Industry 2014-2018" report to their offering.

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"Russia Biometrics Market Forecast & Opportunities, 2018"

According to Russia Biometrics Market Forecast & Opportunities, 2018, Russia biometrics market is set to achieve revenues up to USD 393 Million by 2018. Central and North Caucasus regions are anticipated to grow promptly with effect from Sochi winter Olympics in 2014 and growth in IT sector resulting accession in imports of security systems during 2013-18. In 2012, fingerprint recognition technology accounted the highest revenue share in which physical access/attendance and logical access control applications were dominant. Russian Federation has already introduced its biometric passports since 2009 which has already issued 12 Million passports to its citizens.

Russia biometrics market has been driven through government initiatives, security threats, IT security spending and growth in construction market, whereas the restraints being observed as slow growth in economy and price sensitivity among the customers. An abundant increase in access control/attendance systems has been recorded with effect from transient growth in Russia's construction market, particularly for commercial and residential security applications. The major approaching events such as Sochi Winter Olympics 2014 & FIFA World Cup 2018 in Russia are further anticipated to create the demand in physical access and logical access control systems during 2013-18.

Russia Biometrics Market Forecast & Opportunities, 2018 discusses the following aspects of biometrics market expansion in Russia:

  • Global Biometrics Market Size, Share & Forecast
  • Russia Biometrics Market Size, Share & Forecast
  • Segmental Analysis - Fingerprint, Face, Hand, Voice & Iris Recognition
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations

Companies Mentioned:

  • ARMO Systems
  • BioLink Solutions Systems
  • Elsys Corp
  • HID Global
  • Prosoft Systems
  • Sonda Technologies
  • Speech Technology Centre
  • ZK Software

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About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


Research and Markets
Laura Wood, Senior Manager.
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Sector: IT Security

Research Biometric stocks at
Biometrics Stocks, Security Stocks, Facial Recognition, Fingerprint Recognition, Voice Recognition, Iris Recognition

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