Pune, Maharashtra -- (SBWire) -- 02/07/2017 --The Global Biometrics in BFSI Sector Market report covers the present scenario and the growth prospects of the Biometrics in BFSI Sector for 2016-2020. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.
The Biometrics in BFSI Sector Market to grow at a CAGR of 20% during the period 2016-2020.
Security of data and financial assets have been a key concern for banks as well as for customers. Numeric keypads, keys, and identity badges were widely used to prevent unauthorized access to data and premises. With technological advancements, two-factor authentication was introduced, where individuals could gain access to secure premises after they are authenticated twice, via hardware devices and numeric codes.
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About Biometrics in BFSI Sector Market
The report provides a basic overview of the Biometrics in BFSI Sector including definitions, classifications, applications and market Sales chain structure. The Biometrics in BFSI Sector report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
Global Biometrics Market in BSFI Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
Top Key vendors in Biometrics in BFSI Sector Industry
- Cross Match Technologies
- Fujitsu
- HID Global
- M2SYS Technology
- Safran
Other prominent vendors
- ACTAtek
- BioEnable
- BioID
- BioLink Solutions
- Hitachi,
- 4G Identity Solutions
- Nuance Communications
- Suprema
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Biometrics in BFSI Sector Market Opportunities:
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report.
The Biometrics in BFSI Sector is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
In the end, the report makes some important proposals for a new project of Biometrics in BFSI Sector Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 global Biometrics in BFSI Sector industry covering all important parameters.
Factors driving Biometrics in BFSI Sector market
- Increase in digitization of banking services
- Other
Challenges faced by key vendors that restrain Biometrics in BFSI Sector Industry
- High cost of deployment restricts adoption
- Other
Rising trends in market
- Adoption of vein recognition in ATMs and POS terminals
- Other
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Detailed TOC of Global Biometrics in BFSI Sector Market 2017-2020
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Biometrics in BFSI Sector Market research methodology
PART 04: Introduction
PART 05: Benefits of Biometrics in BFSI Sector
PART 06: Biometrics in BFSI Sector Market landscape
PART 07: Biometrics in BFSI Sector Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Biometrics in BFSI Sector Market drivers
PART 10: Impact of drivers
PART 11: Biometrics in BFSI Sector Market challenges
PART 12: Impact of drivers and challenges
PART 13: Biometrics in BFSI Sector Market trends
PART 14: Five forces analysis
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Other prominent vendors
PART 18: Assumptions
PART 19: Appendix
PART 20: Explore
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Global Biometrics in BFSI Sector Market Growth of CAGR 20% Till 2020: Trends, Drivers, Strategies, Applications and Competitive Landscape
Global Biometrics Market in BSFI Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report analysts forecast the global biometrics market in BSFI sector to grow at a CAGR of 20% during the period 2016-2020.