Brian fingerprinting is a computer based test which discovers, documents & offers evidence regarding crimes. It is also used for identifying people involved in terrorist cells. The brain fingerprinting technology measures electric brain waves by measuring the recognition of familiar stimuli in response to data presented on a screen. The increase in technological advancements across the globe fuelling the demand for biometrics, due to which the demand for brain fingerprinting is replacing traditional ways of detecting crimes & counter terrorism.
The increase in use of this technology in government sector to solve crime activities, and prevent public benefit activities or fraud voting’s expected to boost the global brain fingerprinting technology market growth over the forecast period. The increase in investments in research and development activities is expected to drive the global brain fingerprinting technology market growth. Also, the growing adoption of AI and machine learning in healthcare industry will positively influence the market growth.
The increase in demand regarding brain fingerprinting technology from rising economies across the globe is expected to accelerate the target market growth. Continuous technological advancements are boosting the demand of biometrics, inferable from which the demand for this technology is supplanting the customary methods to counter terrorism & for detecting crimes. With the help of this technology, government organizations can prevent public benefit activities, fraud voting, crime activities, as well as protect other applications including employee background verification, banking, & access control. All these factors are expected to drive the global brain fingerprinting technology market in the near future.
High initial investment is the major restraint which expected to hamper the global brain fingerprinting technology market growth during this forecast period.
The Global Brain Fingerprinting Technology Market is segmented into equipment, technique, application, and region.
Based on equipment market is segmented into Personal Computer, Graphics Card, Data Acquisition Board, Sensors, and Four-Channel Electroencephalography (EEG) Amplifier System, by technique such as Scientific Procedure, Brain Fingerprinting Testing, and Computer Controlled. Further, market is segmented application National Security, Advertising, Medical Diagnosis, and Criminal Justice.
Also, the Global Brain Fingerprinting Technology Market is segmented on the basis of five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North America is expected to lead the global brain fingerprinting technology market across the globe over the forecast period. Various biometric methods are being developed in different divisions such as homeland security, justice, defense, and commerce. Brain fingerprinting is anticipated to hold an important part in justice & defense, adding to the regional growth market.
Some key operating players are listed in global brain fingerprinting technology market report such as Brainwave Science and Brain Fingerprinting Laboratories.
Market Drivers
The increase in use of this technology in government sector to solve crime activities, and prevent public benefit activities or fraud voting’s expected to boost the global brain fingerprinting technology market growth over the forecast period. The increase in investments in research and development activities is expected to drive the global brain fingerprinting technology market growth. Also, the growing adoption of AI and machine learning in healthcare industry will positively influence the market growth.
The increase in demand regarding brain fingerprinting technology from rising economies across the globe is expected to accelerate the target market growth. Continuous technological advancements are boosting the demand of biometrics, inferable from which the demand for this technology is supplanting the customary methods to counter terrorism & for detecting crimes. With the help of this technology, government organizations can prevent public benefit activities, fraud voting, crime activities, as well as protect other applications including employee background verification, banking, & access control. All these factors are expected to drive the global brain fingerprinting technology market in the near future.
Market Restraints
High initial investment is the major restraint which expected to hamper the global brain fingerprinting technology market growth during this forecast period.
Market Segmentation
The Global Brain Fingerprinting Technology Market is segmented into equipment, technique, application, and region.
Based on equipment market is segmented into Personal Computer, Graphics Card, Data Acquisition Board, Sensors, and Four-Channel Electroencephalography (EEG) Amplifier System, by technique such as Scientific Procedure, Brain Fingerprinting Testing, and Computer Controlled. Further, market is segmented application National Security, Advertising, Medical Diagnosis, and Criminal Justice.
Also, the Global Brain Fingerprinting Technology Market is segmented on the basis of five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
The North America is expected to lead the global brain fingerprinting technology market across the globe over the forecast period. Various biometric methods are being developed in different divisions such as homeland security, justice, defense, and commerce. Brain fingerprinting is anticipated to hold an important part in justice & defense, adding to the regional growth market.
Key Players
Some key operating players are listed in global brain fingerprinting technology market report such as Brainwave Science and Brain Fingerprinting Laboratories.
Market Taxonomy
By Equipment
- Personal Computer
- Graphics Card
- Data Acquisition Board
- Sensors
- Four-Channel Electroencephalography (EEG) Amplifier System
By Technique
- Scientific Procedure
- Brain Fingerprinting Testing
- Computer Controlled
By Application
- National Security
- Advertising
- Medical Diagnosis
- Criminal Justice
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Brain Fingerprinting Technology Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Frequently Asked Questions about the Global Brain Fingerprinting Technology Market
What is the estimated value of the Global Brain Fingerprinting Technology Market?
What is the growth rate of the Global Brain Fingerprinting Technology Market?
What is the forecasted size of the Global Brain Fingerprinting Technology Market?
Who are the key companies in the Global Brain Fingerprinting Technology Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 185 |
| Published | October 2021 |
| Forecast Period | 2017 - 2027 |
| Estimated Market Value ( USD | $ 3.65 billion |
| Forecasted Market Value ( USD | $ 6.32 billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 2 |
Table of Contents
1 Introduction
2 Research Methodology
4 Global Brain Fingerprinting Technology Market Outlook
5 Global Brain Fingerprinting Technology Market, By Equipment
6 Global Brain Fingerprinting Technology Market, By Technique
7 Global Brain Fingerprinting Technology Market, By Application
8 Global Brain Fingerprinting Technology Market, By Region
9 North America Brain Fingerprinting Technology Market Analysis and Forecast (2020-2027)
10 Europe Brain Fingerprinting Technology Market Analysis and Forecast (2020-2027)
11 Asia Pacific Brain Fingerprinting Technology Market Analysis and Forecast (2020-2027)
12 Latin America Brain Fingerprinting Technology Market Analysis and Forecast (2020-2027)
13 Middle East Brain Fingerprinting Technology Market Analysis and Forecast (2020-2027)
14 Competitive Analysis
15 Company Profiles
Companies Mentioned
- Brainwave Science
- Brain Fingerprinting Laboratories.
