Global Biometric Readers Market 2012-2016
- ID: 2482269
- February 2013
- Region: Global
- 43 pages
TechNavio's analysts forecast the Global Biometric Readers market to grow at a CAGR of 17.1 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for high-level security in government departments. The Global Biometric Readers market has also seen an increase in the number of mergers and acquisitions. However, strong competition from inexpensive non-biometric technologies could pose a challenge to the growth of this market.
TechNavio's report, the Global Biometric Readers Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Biometric Readers market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Fujistsu Ltd., 3M Cogent Inc., NEC Corp., and Safran Group.
The other vendors mentioned in the report are RCG Holdings, Panasonic, Biometric Security Ltd, Cross Match Technologies Inc., Suprema Inc. Fingerprint Cards AB, AuthenTec, and Siemens Biometrics.
Key questions answered in this report:
What will the market size be in 2016 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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01. Executive Summary
03. Market Coverage
04. Market Landscape
04.1. Market Size and Forecast by Revenue
04.2. End-user Segmentation
04.3. Five Force Analysis
05. Geographical Segmentation
06. Key Leading Countries
07. Vendor Landscape
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Key Vendor Analysis
14.1. Safran Group
14.1.1. Business Overview
14.1.2. Business Segmentation
14.1.3. Key Information
14.1.4. SWOT Analysis
14.2. NEC Corp.
14.2.1. Business Overview
14.2.2. Business Segmentation
14.2.3. SWOT Analysis
14.3. 3M Cogent Inc.
14.3.1. Business Overview
14.3.2. Business Segmentation
14.3.3. SWOT Analysis
14.4. Fujitsu Ltd.
14.4.1. Business Overview
14.4.2. Business Segmentation
14.4.3. SWOT Analysis
15. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Biometric Readers Market 2012-2016 (US$ billion)
Exhibit 2: Global Biometric Readers Market by End-user Segmentation -2012
Exhibit 3: Global Biometric Readers Market by Geographical Segmentation - 2012
Exhibit 4: Global Biometric Readers Market by Vendor Segmentation - 2012
Exhibit 5: Business Segmentation of Safran Group
Exhibit 6: Business Segmentation of NEC Corp.
Exhibit 7: Business Segmentation of 3M Cogent Inc.
Exhibit 8: Business Segmentation of Fujitsu Ltd.
TechNavio Announces the Publication of its Research report - Global Biometric Readers Market 2012-2016
TechNavio today launched its report Global Biometric Readers Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the present scenario and the growth prospects of the Global Biometric Readers market for the period 2012-2016.
Commenting on the report, an analyst from TechNavio's Hardware team said: ''An increase in mergers and acquisitions is expected to continue in the coming years. Both existing vendors and new entrants prefer the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, the French defense company Safran completed the acquisition of the biometric solution provider L-1 Identity Solutions in Q2 2011 for US$1 billion. The acquisition helped Safran become a leading player in the Global Biometric Readers market. Similarly, 3M completed the acquisition of Cogent Inc. in December 2010 for US$943 million. Cogent is a maker of biometric recognition systems that allow governments and businesses to identify individuals by their fingers, palms, faces, and irises.”
According to the report, the increased need for advanced security in the Financial sector is one of the major growth drivers in the Global Biometric Readers market. Critical government departments such as intelligence, defense, and finance hold important data, the theft of which could jeopardize national security. Biometric readers provide a higher level of security than any other authentication method. Hence, the governments of various countries are adopting biometric readers to secure their critical information.
Further, the report discusses that the high cost of deployment, posing a major challenge to the market.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are Fujistsu Ltd., 3M Cogent Inc., NEC Corp., and Safran Group. The other vendors mentioned in the report are RCG Holdings, Panasonic, Biometric Security Ltd, Cross Match Technologies Inc., Suprema Inc. Fingerprint Cards AB, AuthenTec, and Siemens Biometrics.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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