Biometrics is a technology based on physiological and behavioral characteristics of a person. These devices measure the traits such as finger print, voice, face, iris and others. These recognition systems use mathematical algorithms to identify and authenticate an individual by measuring and analyzing the previously recorded data of those individual traits. The next generation biometric technology overcomes many challenges to improve the recognition accuracy and reliability. These next generation technology have the ability to handle poor quality and incomplete data, accommodate many users ensuring interoperability, protect user privacy and ensures system integrity. They are cost effective and sensors can be easily installed in these devices for identification and access control. Fingerprints are the most popular biometric systems used for accessing laptops, mobile phones and others.
The key drivers resulting the market growth rate are, increasing technological advancements, growing demand for stringent security in application globally, persistent nature of the device technology, rising privacy concerns.
The global next generation biometrics market is classified on the basis of various parameters. The segments of next generation biometric are classified by type into single factor authentication, multi-factor authentication and others. On the basis of application the market is classified into banking, consumer electronics, enterprises and corporation, government applications, healthcare, hospitality, gaming, retail and others.
The entire geography for next generation biometrics report is analyzed into Americas, Europe, APAC and RoW. Americas is the major contributing country towards the growth of next generation biometrics market. The increase in demand was due to high disposable income, rise in safety needs and cost effective devices.
The key players in next generation biometric market include:
3M COGENT, Inc. (The U.S)
Bio-Key International Inc. (The U.S)
Cross Match Technologies (The U.S)
CMI Tech Company Ltd (Korea)
Fujitsu Limited (Japan) and others.
The research methodology for this report involved data and values related to next generation biometrics market. This revenue estimation is derived through bottom-up approach starting with obtaining the market size by analyzing the type of devices, deriving the prices and shipments. Following this shares were derived from analyzing the applications from different industries and from various primary and secondary sources. The data is pooled from published articles and other sources related to biometrics adopted and the technological improvements for future generations. Different quantitative and qualitative data is analyzed keeping note of latest development and trends adopted in global biometrics market.
For further information on this report, visit – https://www.wiseguyreports.com/enquiry/1654006-next-generation-biometrics-market-by-type-of-authentication-single-factor-multi
Table of Contents
- Global Next Generation Biometrics Market- Overview
- Global Next Generation Biometrics Market – Executive Summary
- Global Next Generation Biometrics Market – Market Landscape
- Global Next Generation Biometrics Market – Market Forces
- Strategic Analysis.
- Global Next Generation Biometric Devices market Segmentation – By Type.
- Global Next Generation Biometrics Market Segmentation – By Application
- Global Next Generation Biometrics Market- By Geography
- Global Next Generation Biometrics – Market Entropy
10 Global Next Generation Biometrics Market – Company Profiles
10.1. 3M COGENT, Inc.
10.2. Bio-Key, International Inc.
10.3. Cross Match Technologies
10.4. CMI Tech Company, Ltd.
10.5. Fujitsu Limited.
10.6. FUTRONIC Technology Co. Ltd.
10.7. Hid Global.
10.8. Hitachi, Ltd.
10.9. IDEX Group
10.10. Integrated Biometrics Inc.
10.11. Iris Id Systems, Inc.
10.13. NEC Corporation.
10.14. Precise Biometrics AB.
10.15. RCG Holdings Limited.
10.16. SECUGEN Corporation
10.18. Suprema, Incorporated
10.19. VIRDI Tech Co. Ltd
10.20. ZK Technology LLC.
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
“*Financials would be provided on a best efforts basis for private companies”
Company Name: Wiseguyreports.com
Contact Person: Norah Trent
Phone: +1 646 845 9349, +44 208 133 9349