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Next Generation Biometrics Market: By Type of Authentication; By Application; By Geography - Forecast 2014-2020

  • ID: 3339460
  • Report
  • Region: Global
  • 260 pages
  • IndustryARC
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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.
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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
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