Press release
Biometrics Market in BFSI Sector Key Players – 3M Cogent, 4G Identity Solutions, Cross Match Technologies, FUJITSU, HID Global- Analysis and Forecast to 2021
Biometrics Market in BFSI Sector 2017
Biometrics helps identify individuals based on their physical or behavioral features. It involves verification and identification of physiological traits through fingerprints, face recognition, DNA, palm vein prints, hand geometry, and iris recognition, and of behavioral traits through keystroke patterns and speech pattern/voice recognition. Biometrics technologies are considered more reliable compared to physical devices and numeric codes, as biometric traits will not change. Biometrics performs verification and identification processes to authenticate an individual. In a verification process, a one-to-one matching method is used to verify the biometrics traits of an individual against a particular template in a database, whereas in an identification process, a one-to-many matching method is used wherein the biometrics traits of an individual is matched against all templates in the database to determine an individual's identity.
Biometrics is used for security purposes in the BFSI sector to prevent data breaches and identity theft. Finger scan, facial scan, iris scan, retina scan, signature scan, voice scan, and vein scan biometrics have been deployed worldwide in the BFSI sector for secure transaction and authentication of account and network access in banks.
The analysts forecast the global biometrics market in the BFSI sector to grow at a CAGR of 21.83% during 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global biometrics market in the BFSI sector for 2015-2019.
To calculate the market size, the report considers revenue generated from the hardware, software, and integrated solutions segments. The revenue generated from aftersales services is not included in the market size calculation.
The report provides a detailed analysis of the following:
• Technology: fingerprint identification, voice recognition, facial recognition, vein recognition, and iris recognition
• Geography: North America, APAC, Europe, Latin America, and MEA
Request a Sample Report @ https://www.wiseguyreports.com/sample-request/143721-global-biometrics-market-in-bfsi-sector-2015-2019
The report, Global Biometrics Market in BFSI Sector 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors
• 3M Cogent
• 4G Identity Solutions
• Cross Match Technologies
• FUJITSU
• HID Global
• Safran
Other prominent vendors
• ACTAtek
• BioEnable
• BioID
• EyeVerify
• Face Data
• Fulcrum Biometrics
• Hitachi
• M2SYS Technology
• Nuance Communications
• TENBIO
Market risk factor
• Security issues of biometric data
• For a full, detailed list, view our report
Market trend
• Emergence of mobile biometric payments
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 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?
Any Query, Submit Here @ https://www.wiseguyreports.com/enquiry/143721-global-biometrics-market-in-bfsi-sector-2015-2019
Table of Contents –Analysis of Key Points
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market description
Working of biometric technologies in BFSI sector
Comparison of biometric technologies in BFSI sector
Applications of biometrics in banking
Biometrics authentication in BFSI sector by smartphones
Advantages and disadvantages of biometrics in BFSI sector
PART 06: Key developments
Introduction of multi-factor authentication
PART 07: Market landscape
Market overview
Product life cycle analysis
Share of BFSI sector in global biometrics market
Global biometrics market in BFSI sector
Five forces analysis
PART 08: Market trends
PART 09: Market segmentation by technology
Global biometrics market in BFSI sector by technology 2014-2019
Global fingerprint identification biometrics market in BFSI sector
Global facial recognition biometrics market in BFSI sector
Global vein recognition biometrics market in BFSI sector
Global iris recognition biometrics market in BFSI sector
Global voice recognition biometrics in BFSI sector
PART 10: Geographical segmentation
Segmentation of global biometrics market in BFSI sector by geography 2014-2019
Segmentation of global biometrics market in BFSI sector by geography 2014-2019 ($ millions)
PART 11: Market risk factors
PART 12: Vendor landscape
Key vendors matrix
Description of key vendors
Key news
Other prominent vendors
PART 13: Key vendor analysis
3M
4Gid
Crossmatch
Fujitsu
HID Global
Business strategy
Safran
..…..Continued
ABOUT US:
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
Address:
WISE GUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
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 Biometrics Market in BFSI Sector Key Players – 3M Cogent, 4G Identity Solutions, Cross Match Technologies, FUJITSU, HID Global- Analysis and Forecast to 2021 here
News-ID: 838536 • Views: …
More Releases from WiseGuyResearch Consultants Pvt Ltd
Slewing Bearing Market 2021 Global Share, Trend, Segmentation, Analysis and Fore …
Slewing Bearing Market 2021
Global Slewing Bearing Scope and Market Size
The recently published Slewing Bearing market report reveals an extensive study that has been conducted. This section presents a concise overview of the market status and the categorization of the market size based on the manufacturers, type, application, and regions. The report also provides a highlight of the aftermarket and the scope of the product/service. The report has been prepared with…
Spectral Sensing Filters 2021 Global Market Key Players – Viavi Solutions, PIX …
Spectral Sensing Filters Market 2021
Global Spectral Sensing Filters Scope and Market Size
The recently published Spectral Sensing Filters market report reveals an extensive study that has been conducted. This section presents a concise overview of the market status and the categorization of the market size based on the manufacturers, type, application, and regions. The report also provides a highlight of the aftermarket and the scope of the product/service. The report has…
Speed Sensors Market 2021 Global Industry – Key Players Analysis, Sales, Suppl …
Speed Sensors Market 2021
Global Speed Sensors Scope and Market Size
The recently published Speed Sensors market report reveals an extensive study that has been conducted. This section presents a concise overview of the market status and the categorization of the market size based on the manufacturers, type, application, and regions. The report also provides a highlight of the aftermarket and the scope of the product/service. The report has been prepared with…
Automotive Snow Chains Market - Global Industry Analysis, Size, Share, Trends, G …
Automotive Snow Chains Market 2021
Global Automotive Snow Chains Scope and Market Size
The recently published Automotive Snow Chains market report reveals an extensive study that has been conducted. This section presents a concise overview of the market status and the categorization of the market size based on the manufacturers, type, application, and regions. The report also provides a highlight of the aftermarket and the scope of the product/service. The report has…
More Releases for BFSI
IoT in BFSI Market : How the Business Will Grow in 2026? Top Players in IoT in B …
The global internet of things (IoT) in banking, financial services, and insurance (BFSI) market is predicted to reach USD 116.27 billion by 2026, exhibiting a CAGR of 26.5% during the forecast period. The increasing investment of banks and financial institutions in IoT technologies will stimulate the growth of the market in the foreseeable future. According to the studies conducted by Tata consultancy services, financial institutions spend an average IoT budget…
BFSI SECURITY Market - Applications Insights by 2023
The developing interest for incorporated security arrangements is one of the central point driving the worldwide BFSI security showcase. Moreover, developing inclination for a typical security stage which decreases the cost and intricacies of monetary administrations is likewise adding to the positive development of BFSI security advertise. Besides, expanding portable information utilization and developing digitization is likewise empowering the interest for BFSI security at the worldwide level. Stringent government controls…
BFSI Security Market Prevalent Opportunities upto 2024
In past one decade, electronic banking platforms have been implemented as an ever more efficient channel through which banking transactions can be executed without having to leave house or office. These home banking transactions are done from web based applications that are exposed over internet, making users a very appealing target of hackers. Apart from this, the banking and financial industry is continuously witnessing global terrorism, physical risk, cyber-crimes, and…
Recent Study On IoT in BFSI Market By Application BFSI, Government, Healthcare, …
BFSI segment is leveraging the enormous gain from Internet of Things (IoT) technology, the benefit are for both; the consumer as well as the organization. The Internet of Things in BFSI segment is applicable for devices to connected to the Internet to communicate and share information and other data with smart devices in real time. The BFSI business segment has started experiencing the IoT disruption from last few years in…
A Comprehensive Study exploring BFSI Security Market
A new research document with title 'BFSI Security Market – Global Drivers, Opportunities, Trends, and Forecasts to 2023' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis and important players/vendors such as IBM, Cisco, Symantec Corp., McAfee LLC The report will help user gain market insights, future trends and growth prospects for forecast 2023.
Get the inside scoop of the Sample report @ https://www.htfmarketreport.com/sample-report/517945-bfsi-security-market
The BFSI…
BFSI Security Market Top Trends in BFSI Market 2017- Design Competition Strategi …
Market Scenario:
World economy is growing rapidly so does the flow of money in the financial system. As the new technologies are coming into picture to make the process simpler and easier, hackers are founding new ways to extract the confidential data’s and uses it for wrong purposes. This is the main factor which brings the concept of cyber security to the world. As BFSI sector deals with the money and…
