Press release
Global Multimodal Biometrics Industry Will Grow Steadily At A CAGR Of 15.49% During The Period 2016-2020
Researchmoz added Most up-to-date research on "Global Multi-modal Biometrics Market 2016-2020" to its huge collection of research reports.Multimodal biometrics is being implemented in a number of sectors such as the healthcare, BFSI, transportation, automotive, and government for controlling access to secure premises and authenticating individuals. Multimodal biometrics, which is an integration of a number of biometric technologies, such as fingerprint, facial recognition, or voice recognition, can be used to prevent unauthorized access to ATMs, healthcare databases, mobile devices, and different online and offline applications. A number of airports have implemented multimodal biometric access control systems to prevent entry of unauthorized individuals into sensitive areas. The use of multimodal biometrics in the government sector can replace driving licenses, social security cards, welfare registrations, and the existing electoral polling methods. Access to restricted areas such as theaters, stadiums, exam control rooms, and scientific laboratories can be controlled. Access control systems integrated with fingerprint biometric technology can be used for both forensic applications such as cross-border control and civil applications such as voter authentication.
Technavios analysts forecast the global multimodal biometrics market to grow at a CAGR of 15.49% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global multimodal biometrics market for 2016-2020. To calculate the market size, the report considers the report considers the revenue generated from the sales of multimodal biometric systems
The market is divided into the following segments based on geography:
North America
Europe
APAC
Latin America
MEA
Technavio's report, Global Multimodal Biometrics Market 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
BioID
IriTech
M2SYS
NEC
Safran
Other prominent vendors
3M Cogent
4G Identity Solutions
Crossmatch
Fujitsu
ImageWare Systems
Suprema
ZKTeco
Market driver
Implementation of bring-your-own-device policy
For a full, detailed list, view our report
Market challenge
Privacy issues
For a full, detailed list, view our report
Market trend
Emergence of multimodal biometrics in education sector
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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