Next Generation Biometrics Market worth $21 billion by 2020


Posted June 30, 2015 by ElectronicsIARC

The growing demand for the data protection in electronic devices (laptops, tablets, and mobile), financial services and government documents is set to drive the Biometrics market.
 
[b]Biometric[/b] Authentication has become the most important part of security due to an increase in unauthorized immigration, visa frauds, border intrusion, and so on.

[b]“Biometrics”[/b] is the technology used to identify, verify and authenticate an individual using his unique traits like iris, retina, veins, fingerprint, palm and others. These traits are unique and cannot be copied or replicated easily. [b]Biometric Technology[/b] provides accurate authentication and negligible margin of duplicity or error. Thus, due to this feature, the [b]biometric devices[/b] are mainly used for security and surveillance purposes by government, defense, healthcare, banking, law enforcement and for access permit in organizations as well. It has increasingly been getting deployed at all the security checkpoints of airports, stations, commercial complex, retail malls, and so on.

[b]Table of contents and insights:[/b]
http://industryarc.com/Report/1308/next-generation-biometrics-market-analysis.html

[b]A Brief on Biometric Market:[/b]
The [b]biometric market[/b] is estimated to touch $21 billion by 2020. Firstly, the increased investments by the IT, Governments and the Service Sectors in [b]Biometrics[/b] are the main contributors to the revenue of the [b]Biometric Market[/b] as they constantly maintain records of the individuals. Secondly, the rise in online mode of payment in banking sector where [b]biometric technology[/b] is used to keep the data record and transaction details safely from external threats is estimated to fuel the demand for [b]next generation biometrics[/b]. Mobile giant, Apple Inc. has launched devices including features such as finger print identification to unlock the mobile. This provides a high security level and assures the safety of the content of the phone in case of a loss or stolen. The drawback of this technology is the cost of the devices.

[b]Request for Sample Data / Brochure:[/b]
http://industryarc.com/pdfdownload.aspx?id=1308

[b]The Report Covers:[/b]
Major companies in [b]Biometrics Market[/b]: 3M Cogent, Inc. , BioEnable Technologies Pvt. Ltd, Fujitsu, Inc. , NEC Corp., Hitachi Ltd., iPulse systems Pty. Ltd, Morpho Safran Group, Suprema, Inc. and so on.

[b]For a complete list of companies covered:[/b]
http://industryarc.com/Report/1308/next-generation-biometrics-market-analysis.html

[b]Segmentation based on:[/b]
• [b]Geography:[/b] America, Europe, APAC and RoW.
• [b]Type:[/b] Single Factor Authentication and Multi Factor Authentication
• [b]Application:[/b] Banking, Consumer Electronics, Defense, Enterprises/Corporations, Government Applications and Others
• [b]Function:[/b] Contact and Non contact

[b]About Us:[/b]
[b]IndustryARC[/b] is a global market research and business consulting firm based out of India. We have research centers across Asia and Europe with consultants experienced in the following verticals - Agriculture, Automotive, Chemicals and Materials, Energy and Power, Food and Beverages, ICT, Electronics, Life sciences and Healthcare, Automation and Instrumentation.

[b]Related Report You May Be Interested:[/b]

[b]Digital Power Electronics Market (2014 – 2020)[/b]; By Substrate wafers (GaN, SiC, Sapphire); By Components (Digital Power Management IC, Power Modules and Discrete); By Components (IT, Consumer Electronics, Power Sector, Automobile)
http://industryarc.com/Report/6347/Digital-Power-Electronics-Market-Research-Report.html

[b]For More Reports Click Here:[/b]
http://industryarc.com/Domain/9/electronics-market-research.html

[b]For more details contact:[/b]
[b]Mr. Venkat[/b]
Business Development Manager
Email: [email protected]
Phone: 1- 614-588-8538 (Ext-101/102)
http://www.industryarc.com
LinkedIn: http://www.linkedin.com/company/industryarc
Google Plus: https://plus.google.com/+Industryarc
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By IndustryARC
Website IndustryARC
Phone 1- 614-588-8538 (Ext-101/102)
Business Address 14 Middleport Road, Hamilton
13346 NY, USA
Country United States
Categories Electronics , Reports , Software
Tags next generation biometrics companies , next generation biometrics industry , next generation biometrics market , next generation biometrics market forecast , next generation biometrics market report , next generation biometrics market share , next generation biometrics market size
Last Updated June 30, 2015