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Biometrics Market anticipated to reach $16.7 billion by 2019: Shares, Strategies, And Forecasts, Worldwide

Press Release   •   Feb 23, 2017 14:47 IST

The report analyzes and presents an overview on "Biometrics: Market Shares, Strategies, And Forecasts, Worldwide, 2013 To 2019" worldwide.

Research announces that it has published a new study Biometrics: Market Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019. The 2013 study has 563 pages, 249 tables and figures. Worldwide markets are poised to achieve significant growth. As people use electronics in their personal life more, protection of individual information becomes a more compelling problem. Biometrics devices protect individual information.

Biometric identity units provide security protection. Units are comprised of integrated biometric capture devices. Biometrics is used to identify anyone in an accurate, repeatable manner. Physiological characteristics used for biometrics commonly include the face, fingerprints, and DNA. Behavioral characteristics include the user\'s digital signature, his or her voiceprint, and walk.

As law enforcement programs are redesigned to include information from social media and to initiate smarter cities initiatives, biometrics becomes a more compelling technology, both fingerprinting and facial recognition. Technologies. With the worldwide rise in the threat of terror, biometric systems become a more compelling tool in the hands of the authorities charged with keeping populations safe.

A rise in government projects has been seen as terrorists become an increasing threat. This has been accompanied by increasing data security concerns. There is a need for advanced security devices. Security systems implementations drive the market for biometric systems. Biometric data protection is being used to replace photographs, passwords and PIN codes.

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Growth of biometric technologies has been in response to global security threats. Terrorist attacks, airport security initiatives, and attempts to lower crime rates have brought an increasing investment in biometric security systems. Government projects include ePassports, eDriving licenses, border management, and national IDs. These initiatives have been implemented in developed countries.

India, Mexico and Russia are driving the extraordinary growth of biometric systems. China has a biometric national ID program that commenced in 2013. Computer storage of important documents has created an increasing need for biometric security systems.

The global biometrics market is at $5.2 billion in 2012 anticipated to reach $16.7 billion by 2019. Market growth is a result of demand for protection of individual information and for the needs of organization to control access to documents and to areas.

According to Susan Eustis, lead author of the WinterGreen Research team that prepared the study, \"Biometric devices represent a major factor impacting law enforcement and border patrol markets. Governments and law enforcement agencies are leveraging biometric devices to strengthen all aspects of citizen protection. Healthcare organizations are implementing biometric systems to provide patient privacy

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Companies Profiled

Selected Market Leaders

NEC 3M / Cogent
Safron Morpho Bio-key
Gelamto / Avalon Biometrics Tyco
Apple / AuthenTec Suprema
DigitalPersona Google Motorola
Motorola Solutions Cross Match Technologies
IBM Aware
Green Bit Cognitec Systems
Iris ID Systems Iritech

Selected Market Participants
Amano Japan / Accu-Time
Systems
Aware
Cognitec Systems
CIC
Cross Match / Francisco
Partners
Cross Match Technologies
Labcal
eKey
EgisTec
Fingerprint Cards
Fujitsu
Gemalto /Avalon
Biometrics
Google
Motorola
Green Bit
IdentiPHI
Interlink Electronics
Iris ID Systems
IriTech
RDSK / Litronic
Mereal Biometrics
Merkatum Biometrics
Security & ID
Motorola Solutions
NitGen & Company
Precise Biometrics
Nuance Voice Biometrics
Science Applications
International Corporation
(SAIC)
SecuGen
Siemens AG
SmartMetric
Smiths Detection
Steria
STMicroelectronics
Suprema
Symantec
Vision-Box
Witswell Consulting and
Services / Cyber-SIGN
Zvetco Biometrics