openPR Logo
Press release

Global Biometrics Market Analysis in BSFI Sector Set to Grow at a CAGR of 20% Between Forecast Period 2016-2020

Global Biometrics Market Analysis in BSFI Sector Set to Grow at

Security of data and financial assets have been a key concern for banks as well as for customers. Numeric keypads, keys, and identity badges were widely used to prevent unauthorized access to data and premises. With technological advancements, two-factor authentication was introduced, where individuals could gain access to secure premises after they are authenticated twice, via hardware devices and numeric codes. However, hackers can gain access to hardware devices and obtain numeric codes, which increases the security risks, especially in the BFSI sector.

Technavios analysts forecast the global biometrics market in BSFI sector to grow at a CAGR of 20% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global biometrics market in BSFI sector for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric solutions in the BFSI sector, including insurance companies to mitigate insurance claim frauds.

The market is divided into the following segments based on geography:
APAC
Europe
MEA
North America
South America

Download Sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/850947

Technavio's report, Global Biometrics Market in BSFI Sector 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.

Key vendors
Cross Match Technologies
Fujitsu
HID Global
M2SYS Technology
Safran

Other prominent vendors
ACTAtek
BioEnable
BioID
BioLink Solutions
Hitachi,
4G Identity Solutions
Nuance Communications
Suprema

Market driver
Increase in digitization of banking services
For a full, detailed list, view our report

Market challenge
High cost of deployment restricts adoption
For a full, detailed list, view our report

Market trend
Adoption of vein recognition in ATMs and POS terminals
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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

To View The Latest Industry Press Releases: http://www.marketresearchreports.biz/pressreleases

Contact
Tel: +1-518-621-2074
E-Mail: sales@marketresearchreports.biz
Website: http://www.marketresearchreports.biz/

MarketResearchReports.biz supports your business intelligence needs with over 100,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments.

State Tower
90 State Street, Suite 700
Albany, NY 12207
United States

Toll Free: 866-997-4948
(USA-CANADA)

Tel: +1-518-621-2074
E: sales@marketresearchreports.biz

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 Biometrics Market Analysis in BSFI Sector Set to Grow at a CAGR of 20% Between Forecast Period 2016-2020 here

News-ID: 407836 • Views:

More Releases from MarketResearchReports.biz

Hydro-flyers Market: Moving Towards a Brighter Future
Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in
Outdoor Floodlights: Technology and Market Dynamics
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume
Snow Helmets Market Future Prospects and Regional Outlook
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is

All 5 Releases


More Releases for BSFI

BSFI Cloud Managed Services Market is Expected to Grow at a CAGR Value of 9.6% b …
250 Pages BSFI Cloud Managed Services Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth. The report offers actionable and valuable market insights
Job Description Management Software Market Size, Share & Growth Analysis By Appl …
The Global Job Description Management Software Market Size, Share & Growth Analysis By Deployment (Cloud-based, and Web-based), By Enterprise Sizes (Large Enterprises, and Small & Medium-sized Enterprises (SMEs)), By Applications (IT and Telecom, BSFI, Manufacturing, Government Offices, Constructing and Mining, and Others), And Regional Forecast, 2021-2027, This research & consulting report doles out information about the global Job Description Management Software market. The forecast period of the market extends till
Voice Assistant Landscape Market Increasing Demand By End-User: IT and telecom, …
Acumen Research and Consulting has announced the addition of the "Voice Assistant Landscape Market” report to their offering. The Voice Assistant Landscape Market Report 2018 is an in depth study analyzing the current state of the Voice Assistant Landscape Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Voice Assistant Landscape Market provides analysis of China market covering
Orchestration Middleware Market : BSFI sector to Reach US$ 5.23 Bn by 2024
According to Persistence Market Research, the US$ 8.8 Bn integration and orchestration middleware market will surpass US$ 15 Bn by 2024-end, expanding at a CAGR of 7.1% through 2024. Primarily fueled by widespread adoption of cloud computing, rapidly expanding digital transformation, and soaring adoption of API management, this market will also be impacted by several other technology trends. Top market players profiled in the report, include IBM Corporation, OpenText Corporation, Microsoft
Data Integration Software Market Application Insights: BSFI, Government, E-comme …
Global Data Integration Software Market: get comprehensive research offering detailed regional analysis and growth outlook in a new report now available at Marketstudyreport.com This report studies the global Data Integration Software market, analyzes and researches the Data Integration Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • IBM • SAP SE • Oracle • Talend • Microsoft • Cisco Systems • Denodo Technologies • Attunity, Adeptia • Actian Corporation • Syncsort • Symantec Corporation • Teradata • Intel Request a
Present Scenario And Growth Prospects Of Global Biometrics Market In BFSI Sector …
ResearchMoz presents this most up-to-date research on "Present Scenario And Growth Prospects Of Global Biometrics Market In BFSI Sector During 2017 - 2020". Security of data and financial assets have been a key concern for banks as well as for customers. Numeric keypads, keys, and identity badges were widely used to prevent unauthorized access to data and premises. With technological advancements, two-factor authentication was introduced, where individuals could gain access to