Press release
Growth Prospects Of Global Biometric Sensors Market Over The Period 2017 - 2020
Market Research Report
A biometric sensor is a transducer, which converts the biometric input signal (fingerprints, voice, vein patterns, or facial traits) of its user into an electrical signal. In order to authenticate any biometric measurement, a biometric sensor is required to scan the user's fingerprint or voice or face in the hardware set.
Technavios analysts forecast the global biometric sensors market to grow at a CAGR of 10.14% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global biometric sensors market for 2016-2020. To calculate the market size, the report considers the total sales of biometric sensors (used in fingerprint recognition, iris recognition, facial recognition, hand geometry, voice recognition, and vein recognition) for end-user sectors such as government, transportation, healthcare, BFSI, and retail.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Biometric Sensors 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.
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Key vendors
3M Cogent
Crossmatch
NEC
Safran
Other prominent vendors
Fulcrum Biometrics
IDEX ASA
ZKTeco
Market driver
Availability of cloud-based biometrics
For a full, detailed list, view our report
Market challenge
Paucity of biometrics standardization
For a full, detailed list, view our report
Market trend
Emergence of touchless sensing technology
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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