“Biometrics is the measurement of physiological traits such as finger print, voice, face, iris, and so on. Biometric devices are pattern recognition systems which use the mathematical algorithms to identify and authenticate an individual by measuring and analyzing the already fed biometric data of those individual traits. These are reliable and accurate than any other security devices owing to the non-duplicity of the individual traits.
The Next Generation Biometrics Market Report is an exhaustive study of the biometric devices and sensors that are utilized across several industries. The market is primarily classified into: Single factor and Multi-factor. The single factor type consists of technology such as Iris, Face, Fingerprint, Palm and others, whereas, the multi-factor type includes different combinations such as Fingerprint and Card/PIN, Face and PIN/Card, Face and Palm, Iris and Fingerprint and others. The biometrics market is studied across various applications such as Banking, Consumer Electronics, Government, Healthcare, Hospitality, Retail, Gaming, Residencies is incorporated in the report. Additionally, the report analyses the strategic opportunities, life cycle of industry, market landscape and similar others. Furthermore, the market is evaluated based on the key attributes such as the power of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
The market is estimated to be $5.9 billion in 2014. The increasing demand for security along with convenience in a cost effective device is the key driver for the market. The market scenario is different for each end use industry. Currently, Consumer Electronics is the most potential market segment. There is lot of scope and innovation in this segment, where already global players are putting efforts to launch new products and gain competitive advantage. Geographic wise, emerging regions hold high potential value and present good amount of opportunities for players in the market. Enterprises and Healthcare sectors are the growth segments in these regions apart from government market and consumer electronics market.
Americas dominated the market in 2014 followed by Europe. APAC and RoW regions are the growth regions pacing at higher annual growth rates. With greater disposable income and high demand from consumer end, these regions are projected to witness quick growth in the market. Apart from these, government initiatives in law enforcement and defense also immensely hike the market value.
The market is characterized by established brands with high revenue; high R&D capital reserves and well instituted distribution channels. But, the market place is also being disrupted by firms with innovative solution that have emerged to solve specific problems. With cost effective solutions offering greater security, companies will be able to position themselves uniquely. In this market, border control application for multi-modal devices and government application in emerging countries are the opportunities for the players.
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“1. Global Next Generation Biometrics Market- Overview
1.1. Introduction
1.2. Classification
1.2.1. Global Next Generation Biometrics Market – By Type
1.2.1.1. Single Factor Authentication
1.2.1.1.1. Segments Overview
1.2.2. Multi Factor Authentication
1.2.3. By Application
1.2.3.1. Segments Overview
2. Global Next Generation Biometrics Market – Executive Summary
3. Global Next Generation Biometrics Market – Market Landscape
3.1. Market Share Analysis
3.2. Global New Generation Biometrics Market- Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Financial Analysis
4. Global Next Generation Biometrics Market – Market Forces
4.1. Market Drivers
4.1.1. Need for Secure and Convenient Methods of Authentication to Drive Biometrics Market
4.1.2. Increasing Adoption of Biometrics into Government Applications by the U.S to Enhance Sales
4.1.3. Technological Advancements Related To Security in Smartphones Set to Hike Growth
4.2. Market Constraints
4.2.1. Concerns on Inappropriate Data Collection and Misuse of Biometric Information Restrain Market Growth
4.3. Market Challenges
4.3.1. Privacy Concerns Stand Out As Potential Hurdles for Face and Voice Recognition Biometrics
4.3.2. Lack of Awareness and Proper Implementation of Biometrics Stifles Market Growth
4.4. Attractiveness of the Global Next Generation Biometrics Market
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Strategic Analysis.
5.1. Value Chain Analysis.
5.2. Pricing Analysis.
5.3. Opportunities Analysis.
5.3.1. Enhanced Security and Reliability Make Multi-Modal Devices A Lucrative Product Segment.
5.3.2. Government Initiatives in Emerging Regions: Great Opportunity for Biometric Device Manufacturers
5.4. Suppliers and Distributors.
6. Global Next Generation Biometric Devices market Segmentation – By Type.
6.1. Introduction
6.1.1. Multi-Modal Products Lead the Market Owing To Increasing Applications
6.2. Single Factor Authentication
6.2.1. IRIS
6.2.2. Fingerprint.
6.2.3. Face
6.2.4. Palm Vein.
6.3. Multi-Factor Authentication
6.3.1. Fingerprint and Pin/Card. .
6.3.2. Face and Pin
6.3.3. Palm Vein and Card.
6.3.4. Multi-Modal.
6.3.4.1. Face and Fingerprint
6.3.4.2. Iris and Fingerprint.
6.3.4.3. Face and Palm
6.3.4.4. Iris, Fingerprint and Face.
6.3.4.5. Face and Iris
6.4. Others.
7. Global Next Generation Biometrics Market Segmentation – By Application
7.1. Introduction
7.1.1. Increase in Cyber-Attacks Has Heightened Demand for Greater Security
7.2. Banking
7.3. Consumer Electronics.
7.3.1. High Growth of Biometric Enabled Smartphones to Drive The Market.
7.4. Enterprises and Corporations
7.4.1. The Use Of Mobile Units For Accessing Company’s Emails, Systems and Documents Will Hike the Demand for Biometrics
7.5. Government Applications
7.5.1. Increase in Crime Rates at Railway Stations Needs Adoption of Security Strategies.
7.6. Healthcare.
7.7. Hospitality.
7.8. Gaming.
7.9. Retail.
7.10. Residencies
8. Global Next Generation Biometrics Market- By Geography
8.1. Introduction
8.2. Americas
8.2.1. United States.
8.2.2. Canada
8.2.3. Mexico
8.2.4. Brazil
8.2.5. Chile
8.2.6. Europe
8.2.7. United Kingdom. .
8.2.8. Germany
8.2.9. France
8.3. Asia-Pacific
8.3.1. China
8.3.2. India
8.3.3. Japan.
8.3.4. Korea
8.4. Row. .
8.4.1. Russia
8.4.2. Middle East
8.4.3. Africa.
9. Global Next Generation Biometrics – Market Entropy
9.1. Developments – By Type
9.2. Product Launches – Most Dominant Strategy. .
9.2.1. Agreements & Partnerships.
9.2.2. Collaborations & Mergers.
9.2.3. Acquisitions
9.3. Developments- By Company. .
10 Global Next Generation Biometrics Market – Company Profiles
10.1. 3M COGENT, Inc.
10.1.1. Business Overview
10.1.2. Products.
10.1.3. Financials.
10.1.4. Strategy. .
10.1.5. Developments.
10.2. Bio-Key, International Inc.
10.2.1. Business Overview
10.2.2. Products.
10.2.3. Financials.
10.2.4. Developments
10.3. Cross Match Technologies
10.3.1. Business Overview
10.3.2. Products.
10.3.3. Financials.
10.3.4. Strategy. .
10.3.5. Developments.
10.4. CMI Tech Company, Ltd.
10.4.1. Business Overview.
10.4.2. Products
10.4.3. Developments.
10.5. Fujitsu Limited.
10.5.1. Business Overview
10.5.2. Products
10.5.3. Financials
10.6. FUTRONIC Technology Co. Ltd.
10.6.1. Business Overview
10.6.2. Products
10.6.3. Financials
10.7. Hid Global.
10.7.1. Business Overview
10.7.2. Products
10.7.3. Financials
10.7.4. Developments.
10.8. Hitachi, Ltd.
10.8.1. Business Overview
10.8.2. Products
10.8.3. Financials
10.8.4. Developments
10.9. IDEX Group
10.9.1. Business Overview
10.9.2. Products
10.9.3. Financials
10.9.4. Developments.
10.10. Integrated Biometrics Inc.
10.10.1 Business Overview
10.10.2 Products
10.10.3 Financials
10.10.4 Developments
10.11. Iris Id Systems, Inc.
10.11.1 Business Overview
10.11.2 Products.
10.11.3 Financials.
10.11.4 Developments.
10.12. MORPHO.
10.12.1 Business Overview.
10.12.2 Products.
10.12.3 Financials.
10.12.4 Strategy. .
10.12.5 Developments.
10.13. NEC Corporation.
10.13.1 Business Overview.
10.13.2 Products.
10.13.3 Financials.
10.13.4 Strategy. .
10.13.5 Developments.
10.14. Precise Biometrics AB.
10.14.1 Business Overview.
10.14.2 Products.
10.14.3 Financials.
10.14.4 Developments.
10.15. RCG Holdings Limited.
10.15.1 Business Overview.
10.15.2 Products
10.15.3 Financials
10.16. SECUGEN Corporation
10.16.1 Business Overview.
10.16.2 Products.
10.16.3 Financials.
10.16.4 Developments.
10.17. Smart Sensors Ltd.
10.17.1 Business Overview.
10.17.2 Products.
10.17.3 Financials
10.18. Suprema, Incorporated
10.18.1 Business Overview.
10.18.2 Products.
10.18.3 Financials.
10.18.4 Developments.
10.19. VIRDI Tech Co. Ltd
10.19.1 Business Overview
10.19.2 Products.
10.19.3 Financials.
10.19.4 Developments.
10.20. ZK Technology LLC.
10.20.1 Business Overview.
10.20.2 Products.
10.20.3 Financials.
10.20.4 Developments
*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””
11 Appendix.
11.1. Abbreviations.
11.2. Sources. .
11.3. Research Methodology
11.4. Expert Insights”
” 10.1. 3M COGENT, Inc.
10.1.1. Business Overview
10.1.2. Products.
10.1.3. Financials.
10.1.4. Strategy. .
10.1.5. Developments.
10.2. Bio-Key, International Inc.
10.2.1. Business Overview
10.2.2. Products.
10.2.3. Financials.
10.2.4. Developments
10.3. Cross Match Technologies
10.3.1. Business Overview
10.3.2. Products.
10.3.3. Financials.
10.3.4. Strategy. .
10.3.5. Developments.
10.4. CMI Tech Company, Ltd.
10.4.1. Business Overview.
10.4.2. Products
10.4.3. Developments.
10.5. Fujitsu Limited.
10.5.1. Business Overview
10.5.2. Products
10.5.3. Financials
10.6. FUTRONIC Technology Co. Ltd.
10.6.1. Business Overview
10.6.2. Products
10.6.3. Financials
10.7. Hid Global.
10.7.1. Business Overview
10.7.2. Products
10.7.3. Financials
10.7.4. Developments.
10.8. Hitachi, Ltd.
10.8.1. Business Overview
10.8.2. Products
10.8.3. Financials
10.8.4. Developments
10.9. IDEX Group
10.9.1. Business Overview
10.9.2. Products
10.9.3. Financials
10.9.4. Developments.
10.10. Integrated Biometrics Inc.
10.10.1 Business Overview
10.10.2 Products
10.10.3 Financials
10.10.4 Developments
10.11. Iris Id Systems, Inc.
10.11.1 Business Overview
10.11.2 Products.
10.11.3 Financials.
10.11.4 Developments.
10.12. MORPHO.
10.12.1 Business Overview.
10.12.2 Products.
10.12.3 Financials.
10.12.4 Strategy. .
10.12.5 Developments.
10.13. NEC Corporation.
10.13.1 Business Overview.
10.13.2 Products.
10.13.3 Financials.
10.13.4 Strategy. .
10.13.5 Developments.
10.14. Precise Biometrics AB.
10.14.1 Business Overview.
10.14.2 Products.
10.14.3 Financials.
10.14.4 Developments.
10.15. RCG Holdings Limited.
10.15.1 Business Overview.
10.15.2 Products
10.15.3 Financials
10.16. SECUGEN Corporation
10.16.1 Business Overview.
10.16.2 Products.
10.16.3 Financials.
10.16.4 Developments.
10.17. Smart Sensors Ltd.
10.17.1 Business Overview.
10.17.2 Products.
10.17.3 Financials
10.18. Suprema, Incorporated
10.18.1 Business Overview.
10.18.2 Products.
10.18.3 Financials.
10.18.4 Developments.
10.19. VIRDI Tech Co. Ltd
10.19.1 Business Overview
10.19.2 Products.
10.19.3 Financials.
10.19.4 Developments.
10.20. ZK Technology LLC.
10.20.1 Business Overview.
10.20.2 Products.
10.20.3 Financials.
10.20.4 Developments”
