Pune, India -- (SBWIRE) -- 01/29/2019 -- Overview Of Biometrics in BFSI Market Report:
The Biometrics in BFSI Market report is designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study. The report also provides detailed information on important aspects such as growth driving factors, challenges and industrial opportunities that can define the future growth of the market.
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Banks around the world are increasingly opting biometrics to authenticate customers accessing their services. This trend is not limited to banks; other financials outfits are also taking up biometric authentication to identify customers and safeguard resources. Increasing cases of financial fraud, identity theft, and threats from cyberspace have made banks to restructure their identity practices and biometrics in banking and financial services offers the solution. Most banking customers are tech-savvy nowadays and expect a friction-less access to banking services but password based identity solution fails keep up with expectations, however, with biometrics in banking, things seems to be changing now.
The Biometrics in BFSI market is expected to witness a high growth in near future owing to increasing customer demand. The market study is being classified by Type, by Application and major geographies with country level.
Market Segment by Companies, this report covers: Cross Match Technologies, Fujitsu, HID Global, M2SYS, Safran
Market Segment by Regions, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers: Voice Recognition, Vein Recognition, Iris Recognition, Facial Recognition, Fingerprint Identification
Market Segment by Applications, can be divided into: Door Security, Log-In Management for PCs, Log-In Management for ATMs, Log-In Management for POS Terminals, Log-In Management for Banking
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A SWOT analysis and Porter's Five analysis have been used by analysts of the report to analyze the data effectively. Different dynamic aspects of the businesses such as drivers, challenges, risks, opportunities, and restraints have been scrutinized to get a detailed knowledge for making informed decisions in the businesses. It highlights the statistics of current 'Biometrics in BFSI Market' Report scenario, past progress as well as futuristic progress.
The study objectives of this report are:
- To study and analyze the global Biometrics in BFSI market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Biometrics in BFSI market by identifying its various sub-segments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To analyze the Biometrics in BFSI with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Biometrics in BFSI sub-markets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
In the end, It includes the methodical description of the various factors such as the market growth and a detailed information about the different company's revenue, growth, technological developments, production, and the various other strategic developments.
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