Research and Markets: Global Next Generation Biometric (Fingerprint, Palm, Face, Iris, Vein, Voice & Signature) Market 2014 - 2020
DUBLIN - June 20, 2014 (www.investorideas.com newswire) Research and Markets has announced the addition of the "Global Next Generation Biometric (Fingerprint, Palm, Face, Iris, Vein, Voice & Signature) Market 2014 - 2020" report to their offering.
The overall biometric market is increasing with a CAGR of 17.6% from 2014 to 2020
Biometrics is the science and technology of measuring and analyzing biological data. In information technology, biometrics refers to technologies that measure and analyze human body characteristics, such as DNA, fingerprints, eye retinas and irises, voice patterns, facial patterns, and hand measurements.
This report covers various biometric authentications such as face recognition, fingerprint recognition, iris recognition, palm recognition, vein recognition, signature recognition, and others. Out of all the biometric authentications, face, finger, and iris recognition are commonly used in most of the applications.
This report segregates the overall biometric technology market into various application areas such as government, defense, banking and finance, travel and immigration, healthcare, consumer electronics, commercial security, and home security. Increasing security threats, unauthorized infiltration across the borders, unauthorized immigration, illegal transaction at the ATMs, and so on give a rise to the biometric technology market. One of the major drivers for this market is government funding for biometric technology for deployment across the globe.
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