Press release
2020 Biometric Service Market: Covering Prime Factors and Leading Key Players (NEC, Aware, Fujitsu, Nuance, M2SYS, Smilepass, BioID, Accenture) | Competitive Outlook Till 2025
Biometric Service Market
Overview of Global Biometric Service Market:
This report studies the Global Biometric Service Market over the forecast period of 2020 to 2025. The Global Biometric Service Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2020 to 2025.
Some of the most significant key factors driving the growth of the Global Biometric Service Market are increasing users and data-security initiatives by government, growing usage of mobile devices, and rapid growth in demand for robust fraud detection and prevention systems. In addition, the growing integration of Artificial Intelligence (AI) and blockchain technologies with Biometrics Service solutions would provide opportunities for Biometric Service vendors.
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The Global Biometric Service Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Biometric Service Market is sub-segmented into Unimodal Mode, Multimodal Mode and others. On the basis of Application, the Global Biometric Service Market is classified into Government & Defense, Financial Services, Healthcare, Law Enforcement, Human Resources and others.
In terms of the geographic analysis, The Biometric Service Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Biometric Service Market ecosystem results in the increasing adoption of these systems in North America.
Global Biometric Service Market Objectives:
1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Biometric Service Market
2 To analyze and forecast the size of the Biometric Service Market, in terms of value and volume
3 To analyze opportunities in the Biometric Service Market for stakeholders and provide a competitive landscape of the market
4 To define, segment, and estimate the Biometric Service Market based on deposit type and end-use industry
5 To strategically profile key players and comprehensively analyze their market shares and core competencies
6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America
8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Biometric Service Market
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Top Leading Key Manufacturers are: NEC, Aware, Fujitsu, Nuance, Leidos, Idemia, M2SYS, Smilepass, Certibio, HYPR, BioID, Accenture, Fulcrum Biometrics, Phonexia and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Worldwide Technology Industry News:
Fujitsu (May 07, 2020) - Fujitsu and Qualcomm Complete Multi-Gigabit Data Call Using 5G Carrier Aggregation - Fujitsu Limited and Qualcomm Technologies, Inc. together accomplished an industry-leading landmark by successfully completing a 5G NR data call with multi-gigabit connection using 5G sub-6 GHz carrier aggregation. The connection was established using non-standalone architecture, aggregating non-contiguous spectrum on 3.5 GHz (n78) and 4.9 GHz (n79) bands. The companies achieved this milestone utilizing a Fujitsu 5G New Radio (NR) base station and a 5G smartphone form factor test device powered by a Qualcomm Snapdragon X55 5G Modem-RF System.
Achieving more than 3 Gbps speeds using sub-6 GHz spectrum, this connection is the companies’ first demonstration of 5G carrier aggregation, which builds upon the history of Qualcomm Technologies’ technical successes such as the first 5G data connection on a modem chipset, the first 5G mmWave over-the-air call, the first 5G data call over-the-air using spectrum sharing and a recent Voice-over-NR call. The Snapdragon X55 5G Modem-RF System can support peak speeds up to 5 Gbps by aggregating 200 MHz across select 5G sub-6 GHz bands. 5G sub-6 GHz carrier aggregation provides operators with greater flexibility to boost 5G performance utilizing their diverse spectrum assets, allowing them to improve network capacity and performance. 5G carrier aggregations helps to improve 5G speeds and reliability in challenging wireless conditions, allowing consumers to experience smoother video streaming and faster downloads.
“This milestone with Fujitsu allows us to unlock 5G’s potential for seamless and pervasive connectivity,” said Durga Malladi, senior vice president and general manager, 4G/5G, Qualcomm Technologies, Inc. “As the world’s leading wireless innovator, Qualcomm Technologies continuously develops solutions that enhance the end-to-end network experiences people rely on every day, and we’re proud to collaborate with Fujitsu to demonstrate the benefits carrier aggregation brings to 5G and consumers.”
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Biometric Service in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Biometric Service Market Report 2020
1 Biometric Service Product Definition
2 Global Biometric Service Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Biometric Service Shipments
2.2 Global Manufacturer Biometric Service Business Revenue
2.3 Global Biometric Service Market Overview
2.4 COVID-19 Impact on Biometric Service Industry
3 Manufacturer Biometric Service Business Introduction
3.1 NEC Biometric Service Business Introduction
3.2 Aware Biometric Service Business Introduction
3.3 Fujitsu Biometric Service Business Introduction
3.4 Nuance Biometric Service Business Introduction
3.5 Leidos Biometric Service Business Introduction
3.6 Idemia Biometric Service Business Introduction
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