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Biometric System Market worth $24,448.84 Million by 2020

new market research report “Biometric System Market by Application (Government, Military & Defense, Healthcare, Banking & Finance, Consumer Electronics, Travel & Immigration, and Security), Technology (Face Recognition, Fingerprint Recognition, Iris Recognition, Palm Recognition, Voice Recognition, Signature Recognition, Vein Recognition, and Others), Function (Contact and Non-Contact) & Geography (North America, Europe, APAC, Row) - Global Forecast to 2020”, the next generation biometrics market is expected to reach $24,448.84 Million by 2020, growing at a CAGR of 17.9% between 2015 and 2020.

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Biometric System Market worth $24,448.84 Million by 2020

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  1. MarketsandMarkets Presents France, Japan, US is estimated to be the largest market for Next Generation Biometrics Market and is projected to grow at the highest rate $24,448.84 Million by 2020. Publishing Date: May 2015

  2. About our Report • The increasing use of a biometric technology in e-commerce and the cloud computing platform for a biometric technology provide ample opportunities for the next generation biometrics market. • On the other hand, government initiatives to adopt biometrics in various fields, increased demand for biometric technologies in smartphones, and introduction of e-passports, implementation of biometric technology in election administration and criminal identification are propelling the growth of the next generation biometrics market. • The overall next generation biometrics market is segmented into various segments, namely, technology, application, function, and geography.

  3. Inside of Report Browse: • 72 market data tables. • 79 figures spread through 178 pages. • in-depth TOC on “Next Generation Biometrics Market - Global Forecast to 2020.” Premium Insights 4.1 Attractive Market Opportunities in the Global Market 4.2 Market, By Technology 4.3 Regional and Technological Snapshot of the Market 4.4 The U.S. Accounts for A Share of ~27% of the Market Globally (2015) 4.5 Next-Generation Sfa Biometrics Market, By Application 4.6 Market Share—Developing vs Developed Markets

  4. Table of Content Trends: 6.1 Introduction 6.2 Value Chain Analysis 6.2.1 Key Influencers 6.3 Porter’s Five Forces Analysis for the Market 6.3.1 Bargaining Power of Suppliers 6.3.2 Bargaining Power of Buyers 6.3.3 Threat of Substitutes 6.3.4 Threat of New Entrants 6.3.5 Degree of Competition 6.4 Strategic Benchmarking 6.4.1 Technology Integration & Product Enhancement

  5. Next Generation Biometrics The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

  6. Government Initiatives to Adopt Biometric The next generation biometrics market has been segmented on the basis of technology which includes face recognition, fingerprint recognition, iris recognition, palm print/hand recognition, hand geometry recognition, voice recognition, signature recognition, DNA recognition, vein recognition, and others.

  7. Company Coverage • Safran SA (France), • NEC Corporation (Japan), • 3M Cogent Inc. (U.S.), • Cross Match Technologies (U.S.), • Fulcrum Biometrics (U.S.), • Thales SA (France), • Bio-key International, Inc. (U.S.), • Suprema Inc. (South Korea), • Fujitsu Ltd. (Japan), • Precise Biometrics AB (Sweden), • Secunet Security Networks AG (Germany).

  8. Summary The biometrics system market report covers the applications such as government, military & defense, healthcare, banking & finance, consumer electronics, travel & immigration, security and others, geography such as North America (the U.S., Canada, and Mexico), Europe (Germany, the U.K., France, Italy, and others), APAC (China, Japan, India, South Korea, and others), and RoW (the Middle East and Africa). The biometrics system market is expected to reach $24.4 Billion by 2020, at a CAGR of 17.9% between 2015 and 2020. Travel & immigration is the leading application for the market. 

  9. Get detail of this Report ? We at MarketsandMarkets, are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Report URL :- http://www.marketsandmarkets.com/Market-Reports/next-generation-biometric-technologies-market-697.html

  10. Thank You

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