Pune, India -- (SBWire) -- 10/30/2018 --This study researches the market size of Biometric Authentication & Identification in United States, European Union and China, presents the Biometric Authentication & Identification production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
Biometric authentication is the process of comparing data for the person's characteristics to that person's biometric "template" in order to determine resemblance. The reference model is first store in a database or a secure portable element like a smart card. The data stored is then compared to the person's biometric data to be authenticated. Here it is the person's identity which is being verified.
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Biometric identification consists of determining the identity of a person. The aim is to capture an item of biometric data from this person. It can be a photo of their face, a record of their voice, or an image of their fingerprint. This data is then compared to the biometric data of several other persons kept in a database.
Growing Popularity of Wearable Technology, Increasing Adoption of E-Commerce Services, Provision of Second/Third Level of Security Using Multimodal Biometric Authentication Systems, Increasing Government Support through Organizations such as DHS (Homeland Security), Increasing Adoption of Biometric Authentication in Banking And Healthcare Sector (E-Banking And Mobile Payments) and Increased Security & Convenience for Consumers.
In 2018, the market size of Biometric Authentication & Identification is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Biometric Authentication & Identification.
In United States, European Union and China market, the following companies are covered:
Safran (France)
NEC (Japan)
Thales (France)
Fujitsu (Japan)
ASSA ABLOY (Sweden)
Precise Biometrics (Sweden)
Aware (US)
Secunet Security Networks (Germany)
Cross Match Technologies (US)
Stanley Black & Decker (France)
Cognitec Systems (Germany),
Daon (US)
Facebanx (UK)
BIO-key International (US)
Securiport (US)
M2SYS Technology (US)
Suprema (South Korea)
Qualcomm (US)
Fulcrum Biometrics (US)
VASCO Data Security International (US)
Market Segment by Product Type
Hardware
Software
Market Segment by Application
Government
Military and defense
Healthcare
Banking and finance
Consumer electronics
Security (residential security and commercial security)
Travel and Immigration
Automotive
Others (utility, industrial, and entertainment)
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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The study objectives are:
To analyze and research the Biometric Authentication & Identification status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Biometric Authentication & Identification manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Biometric Authentication & Identification are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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Biometric Authentication & Identification Market - Provision of Second/Third Level of Security Using Multimodal Biometric Authentication Systems to Bolster Growth
United States, European Union and China Biometric Authentication & Identification Market Research Report 2018-2025