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Next Generation Biometric Market by Technology, Function, Application & by Geography - Forecasts & Analysis 2014 - 2020

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April 24, 2014 ( newswire) Biometric technology is the verification of humans by their characteristics such as face, fingerprint, voice, iris, palm, signature, vein, and DNA. DNA and vein recognition are the latest and most advanced types of biometric authentication. Fingerprint, face, and iris recognition are commonly used in almost all the application areas. The demand for biometric technologies has increased manifolds in the recent years. The basic reason behind this is the rise in the number of terrorist activities, coupled with multiplicity of theft on the part of crucial data and information which have raised concerns regarding the national security. Today, biometric technologies are used in several verticals such as consumer electronics, government organizations, airports, corporations, and so on, where security remains the prime concern.

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Biometric technology market can be categorized into different applications such as government, travel and immigration, banking and finance, consumer electronics, home security, commercial security, and healthcare. The most common application areas in the field of biometric technology are government, banking, finance, travel and immigration, and defense.

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Biometrics provides a high degree of security and convenience which ensures confidentiality of personal information. This is superior to traditional passwords/PINs as these are easily guessed, forgotten, or copied; tokens can be stolen or misplaced. Biometric technology helps in preventing theft as the information is stored in the form of a digital record in the database which makes it highly impossible to reconstruct, decrypt, or manipulate. Biometric uses biological characteristics or features which are inseparable from a person, thus, reducing the threat of loss or theft.

This report describes the market trends, drivers, and challenges of the biometric technology market and forecasts the biometric technology market from 2014 to 2020, based on the applications of the biometric technology and geography. This report covers geographies such as North America, Europe, APAC, and ROW (Rest of the World). In the biometric technology market, fingerprint recognition contributes for the largest percentage share, followed by face and iris; whereas, `travel and immigration' is the major application, followed by government and defense. In geographic analysis, North America is the market leader, followed by Europe and APAC.

The major companies involved in the biometric technology market are 3M (U.S.), Fingerprint Cards AB (Sweden), Fujitsu Ltd. (Japan), NEC Corporation (Japan), RCG Holdings LTD. (Hong Kong), Saffran SA (France), Siemens Ag (Germany), Suprema Inc. (South Korea), and so on.

The overall biometric market is increasing with a CAGR of 17.6% from 2014 to 2020. The major applications for the biometric market are travel and immigration and government. Fingerprint biometric is the major share holder in the biometric market and voice has the highest growth potential, followed by iris recognition.

Companies Mentioned:

Cross Match Technologies, Inc
Fingerprint Cards Ab
Fujitsu Ltd.
Fulcrum Biometrics
Nec Corporation
Rcg Holdings Limited
Safran Sa
Siemens Ag
Suprema Inc.
Thales Sa
Validsoft Uk Ltd

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Title Index:

1 Introduction
1.1 Key Take-Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
2 Executive Summary
3 Cover Story
3.1 Interview:Vice President Business Development, Fulcrum Biometrics
4 Market Overview
4.1 Introduction
4.2 Market Definition
4.3 Evolution Of Biometric Technology
4.4 Biometric Technologies
4.5 Components Of A Biometrics System
4.6 Advantages Of Biometric Technology
4.7 Market Dynamics
4.8 Burning Issues
4.9 Winning Imperatives
4.10 Porter'S Five Forces Model
4.11 Value Chain Analysis
4.12 Applications Analysis Of Biometric Technology
4.13 Biometric Technology Life Cycle
4.14 Components Of Biometric Technology
5 Biometric Technology Market, By Type
5.1 Introduction
5.2 Face Recognition
5.3 Fingerprint Recognition
5.4 Iris Recognition
5.5 Palm Print Recognition
5.6 Voice Recognition
5.7 Signature Recognition
5.8 Vein Recognition
5.9 Other Biometric Recognition Technologies
6 Biometric Technology Market, By Application
6.1 Introduction
6.2 Government
6.3 Defense
6.4 Travel & Immigration
6.5 Banking & Finance
6.6 Consumer Electronics
6.7 Healthcare
6.8 Home Security
6.9 Commercial Security
7 Biometric Application Market, By Technology
7.1 Biometric Applications By Technology
8 Biometric Technology Market, By Function
8.1 Introduction
8.2 Contact
8.3 Non-Contact
9 Biometric Technology Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Apac
9.5 Row
10 Competitive Landscape
10.1 Overview
10.2 Types Of Biometric Technology Offered, By Companies
10.3 Key Growth Strategies
10.4 Key Biomerics Manufacturers
10.5 Competitive Analysis
10.6 Competitive Situation And Trends
11 Company Profiles (Overview, Products And Services, Financials, Strategy & Development)*
11.1 3M
11.2 Cross Match Technologies, Inc
11.3 Facebanx
11.4 Fingerprint Cards Ab
11.5 Fujitsu Ltd.
11.6 Fulcrum Biometrics
11.7 Nec Corporation
11.8 Rcg Holdings Limited
11.9 Safran Sa
11.1 Siemens Ag
11.11 Suprema Inc.
11.12 Thales Sa
11.13 Validsoft Uk Ltd

*Details On Overview, Products And Services, Financials, Strategy & Development Might Not Be Captured In Case Of Unlisted Companies.


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Thank you for your consideration.

Best Regards,

Amy Cole
Senior Manager
Research and Markets Ltd

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