Press release
At A CAGR Of 11.9% Global Biometrics Market In The Government Sector To Grow During The Period 2016-2020
Biometrics involves the authentication of an individual by evaluating one or more unique biological traits. This authentication can be done through voice recognition, hand geometry analysis, DNA analysis, gait recognition, fingerprint identification, facial recognition, iris recognition, signature verification, and vein recognition. Biometric technologies are considered to be more reliable for authentication compared to physical devices and numeric codes. With advances in hardware, sensors, readers, pattern recognition, and signal and image processing technologies, a number of biometric technologies have been developed to deal with the identification of individuals.
Technavios analysts forecast the global biometrics market in the government sector to grow at a CAGR of 11.9% 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 biometrics market in the government sector 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 to the government sector. Revenues generated from after-sales services are not taken into account to calculate the market size.
APAC
Europe
MEA
North America
South America
Technavio's report, Global Biometrics Market in the Government 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
3M Cogent
M2SYS Technology
NEC
Safran
Other prominent vendors
Aware
Ayonix
BI Technologies
BioEnable
BioLink Solutions
Cardzme
Cognitec Systems
FaceFirst
Fulcrum Biometrics
Iris ID
IRI Tech
M2SYS
Nuance Communications
SpeechPro
Suprema
TENBIO
Market driver
Increasing volume of identity thefts
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 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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