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Global Biometric Market in the Automotive Sector Expected to Grow at a CAGR of 19.37% during 2017-2021

02-13-2017 03:36 PM CET | IT, New Media & Software

Press release from: Technology Market Reports - MRH

Market Research Hub (MRH) has recently announced the addition of a fresh report, titled “Global Biometric Market in the Automotive Sector 2017-2021” to its report offerings. The report covers the present scenario and the growth prospects of the global biometric market in the automotive sector for 2017-2021. To calculate the market size, the report provides an exhaustive list of all global vendors that provide biometrics in the automotive sector.

Request for Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=964304

Biometrics involves the authentication and identification of an individual by one or more unique biological traits such as fingerprint, facial, iris, voice, and vein recognition. Biometric technologies are considered to be more reliable when compared to authentication via numeric codes and physical devices. With advances in signal and image processing technologies, pattern recognition, and sensors and readers; a number of biometric technologies, such as a keystroke, ear, electroencephalogram or electrocardiogram (ECG), gait, and palm print recognition have been developed to enable foolproof identification of individuals.

Technavios analysts forecast the global biometric market in the automotive sector to grow at a CAGR of 19.37% during the period 2017-2021.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Key vendors

• BioEnable
• Miaxis
• Sonavation
• Synaptics
• Techshino
• BIODIT
• DENSO
• EyeLock
• Fingerprint Cards
• Fujitsu
• HID Global
• IriTech
• KeyLemon
• NEC
• Nuance
• Olea Sensor Networks
• Safran
• VOXX International

Market driver

• Emerging markets driving the automotive sector.
• For a full, detailed list, view our report

Market challenge

• Low awareness level among consumers.
• For a full, detailed list, view our report

Market trend

• Popularity of voice recognition biometrics in the automotive sector.
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 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?

Read Full Report with TOC: http://www.marketresearchhub.com/report/global-biometric-market-in-the-automotive-sector-2017-2021-report.html

About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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