openPR Logo
Press release

Global Biometric System Market by 2024 | Key Players-Gemalto Cogent, Inc., BIO-key International, Inc., Precise Biometrics AB, secunet Security Networks AG., Thales Group, Cognitec Systems GmbH, Crossmatch, Daon, Facebanx, HID Global Corporation, IRITECH

04-01-2019 07:45 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Biometric System Market

Global Biometric System Market

This Global Biometric System Market research report provides state-of-the-art market information as well as a holistic view of the market. The data and realities of the Semiconductors and Electronics industry can be focused on continuing business operations along the right path using the Global Biometric System Market report. It also assesses Porter's market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, channels of sales, distributors, and the Five Forces Analysis. Moreover, this market report from Global Biometric System Market also shows the company profile, product specifications, capacity, production value, and market shares over the forecast period for each company. With the market insights provided in the report, acquiring a more accurate understanding of the market landscape, issues that may arise for the Semiconductors and Electronics industry in the future, and how to best position specific brands will become easier.

Major Market Competitors/Players: Global Biometric System Market

Some of the major players operating in the global biometric system market are-Safran, NEC Technologies India Private Limited, FUJITSU, Aware, Inc., Gemalto Cogent, Inc., BIO-key International, Inc., Precise Biometrics AB, secunet Security Networks AG., Thales Group, Cognitec Systems GmbH, Crossmatch., Fulcrum Biometrics, LLC., Daon, Facebanx , HID Global Corporation/ASSA ABLOY AB., SUPREMA., IRITECH, INC., M2SYS Technology and among others.

FREE |Get A Copy of Sample Report Now! @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-biometric-system-market

Market Analysis:

The Global Biometric System Market is expected to reach USD 33.5 Billion by 2025, from USD 12.93 Billion in 2017 growing at a CAGR of 17.8% during the forecast period of 2018 to 2025.

Market Definition:

This market report defines the market trends and forecast the upcoming opportunities and threats of the biometric system in the next 8 years. Biometrics is the mechanical term for body measurements and calculations which is related to human characteristics. Biometric systems depend on unique identifiers about biological characteristics in order to work efficiently.
Biometric system have various application like fingerprint recognition technology in e-passports, travel and immigration, e-visas. In April 2014, Cross match acquired Digital Persona. Cross Match and Digital Persona both are market leaders in biometric technologies. But due to overlap in collections the company further decided to amalgamate and offer customers a series of portfolio with solutions which is unparalleled in the biometrics industry.

Major Market Drivers:

Increasing usage of biometric technology in financial institutes and healthcare sectors
Growing use of biometric systems in criminal identification
Incorporation of biometrics in smartphones

FREE | Inquiry Before Buying and Discuss Report Customization with Industry Expert @
https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-biometric-system-market

Market Segmentation: The global biometric system market is segmented into authentication, component, function, application, and by geography.

Based on authentication, the global biometric system market is classified into single factor authentication and multi-factor authentication. Single factor authentication is segmented into fingerprint recognition, iris recognition, palm print recognition, face recognition, vein recognition, signature recognition, voice recognition and other biometric technologies.

On the basis of component, the global biometric system market is segmented into hardware and software. Hardware is further segmented into fingerprint readers, scanners, camera, and others.

On the basis of function, the global biometric system market is segmented into contact, non-contact, and others.

On the basis of application, the global biometric system market is segmented into government, military & defence, healthcare, banking & finance, consumer electronics, security, travel & immigration and others application. Security is further segmented into home security and commercial security.

Based on geography, the global biometric system market report covers data points for 28 countries across multiple geographies namely north America & south America, Europe, Asia-Pacific And, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Focus of the report:
1. The study provides an in-depth analysis of the Global Biometric System Market and current & future trends to elucidate imminent investment pockets.
2. Changing market dynamics of the industry
3. Strategies of key players and product offerings
4. In-depth market segmentation
5. Recent industry trends and developments
6. Analyze and forecast the Global Biometric System Market on the basis of type, function and application.

Key Insights of the report
1. CAGR values in the market for the forecast period
2. Key trends in the market place
3. Major players and brands
4. Drivers and restrains of the market
5. Historical and current market size and projection up to 2025.

Competitive Analysis: The global biometric system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of biometric system market for global, Europe, North America, Asia pacific and South America.

FREE | Speak to Analyst and Get Free Customized Information about Report @ https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-biometric-system-market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact Us-

Data Bridge Market Research
US: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Biometric System Market by 2024 | Key Players-Gemalto Cogent, Inc., BIO-key International, Inc., Precise Biometrics AB, secunet Security Networks AG., Thales Group, Cognitec Systems GmbH, Crossmatch, Daon, Facebanx, HID Global Corporation, IRITECH here

News-ID: 1682017 • Views: 372

More Releases from Data Bridge Market Research

Global Customer Journey Analytics Market 2019:Opportunity and Growth Analysis By …
Global Customer Journey Analytics Market is expected to reach USD 23.12 billion by 2025, from USD 5.10 billion in 2017 growing at a CAGR of 20.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The customer journey analytics report provides strategists, marketers and senior management
Global Medical Radiation Shielding Market 2019:Competitive Landscape By Nelco, I …
Global Medical Radiation Shielding Market is expected to reach USD 1691.8 million by 2025, from USD 1045.5 Million in 2017 growing at a CAGR of 6.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The medical radiation shielding report provides the complete scenario of the market
Global Digital Vault Market 2019:Competitive Scenario And Dynamics By Micro Focu …
Global Digital Vault Market is driven by increasing trend for cloud storage for data, which is projecting a rise in estimated value from USD 478.35 million in 2018 to an estimated value of USD 1354.04 million by 2026, registering a CAGR of 13.89% in the forecast period of 2019-2026. Digital Vault market research report describes all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key
Third Generation Advanced High-Strength Steel Market 2019:Dynamics and Developme …
Global third generation advanced high-strength steel market is projected to register a substantial CAGR of 24.2% in the forecast period of 2019 to 2026. This third generation advanced high-strength steel market research report is generated by using integrated approaches and latest technology for the best results. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Company snapshot, geographical presence,

All 5 Releases


More Releases for Biometric

Global Biometric Palm Scanner Market
Biometric Palm Scanner Market Reports Monitor has added a new report titled, ‘Global Biometric Palm Scanner Market  - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecasts, 2019 - 2025 to its vast repository of research reports. This report provides a detailed analysis of the product types used for medical implants and regeneration. For more insightful information request a sample copy @ https://www.reportsmonitor.com/request_sample/272314 This report studies the global market size of Biometric Palm
Global Biometric Sensor Market Size
According to a new report Global Biometric Sensor Market (2016-2022), published by KBV Research, the global Biometric Sensor Market is expected to attain a market size of $1.5 billion by 2022, growing at a CAGR of 9.1% during the forecast period. North America is a dominant region due to growing adoption of cloud services in several industries in the region. Nevertheless, Asia-Pacific would be the fastest growing region during the forecast
Global Automotive Biometric Access System market Share
The global Automotive Biometric Access System market is expected to attain a market value of USD 1,236.8 million by 2022, growing at a CAGR of 16.5% during the forecast period (2016-2022). The biometric automotive vehicle access system market is segmented into fingerprint recognition, voice recognition, Irish recognition and others. The others market includes gesture recognition, face recognition, and palm recognition, etc. Fingerprint recognition type is the most common type of
A Company Needs Biometric Security
Security threats are on the rise and it has become a major challenge for decision making officials to come up with new and more comprehensive security systems in order to keep the offenders at bay. Billions of dollars are lost every year due to various security breaches in companies, banks, hotels etc. Some organizations have implemented simple door locks with passwords in order to provide more convenience and ease of access
Global Biometric ATM Sales Market Report 2017
MarketResearchReports.Biz presents this most up-to-date research on "Global Biometric ATM Sales Market Report 2017" Description In this report, the global Biometric ATM market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and
Global Next Generation Biometric Market
The global next generation biometric market is expected to grow at a substantial growth rate due to the rising number of terrorists activities also the increasing theft activities on the part of crucial data and information which have raised concerns regarding the national security. Biometrics technology is basically the identification and verification of humans by their characteristics such as face, fingerprint, voice, iris, palm, signature, vein, and DNA. A sample of