Press release
Biometrics Market In North America to grow at a CAGR of 12.28% during the period 2016-2020.
"The Report Biometrics Market in North America 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"Description
About the Biometrics Market in North America
Biometrics is a technology that is useful for identifying individuals based on physical or behavioral features. It provides an additional level of security for people and important information. It involves identification and verification of physical traits such as fingerprints, hand geometry, face recognition, and iris recognition, and behavioral traits such as keystroke patterns, signature, and voice recognition. The technology can be used for identification and authentication. The biometric system can be either an identification or a verification system. An identification system identifies an individual without their consent. These systems are more often used in surveillance applications. In a verification system, biometric traits are used to verify a person's identity.
Technavios analysts forecast the Biometrics Market in North America to grow at a CAGR of 12.28% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the biometrics market in North America for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric solutions including hardware, software, integrated solutions, and services offered in the government sector.
The market is divided into the following segments based on geography:
The US
Canada
Technavio's report, Biometrics Market in North America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Crossmatch Technologies
3M Cogent
M2SYS Technology
NEC
Safran
Other prominent vendors
Advanced Biometrics
Amano Cincinnati
Aware
BIO-Key International
Cognitec Systems
DigitalPersona
Fingertec USA
Fujitsu
GAMASIS
Griaule Biometrics
Nuance Communications
Precise Biometrics
ZKTeco
Market driver
Increased acceptance of multimodal biometrics
For a full, detailed list, view our report
Market challenge
High cost of biometric systems
For a full, detailed list, view our report
Market trend
Emergence of mobile biometric payments
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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