Global Latest Report on Fingerprint Biometrics Market CAGR of +11 % to Witness huge growth by 2026 | Safran, 3M Cogent, Crossmatch, Suprema, HID Global, NEC, Dermalog Identification System, M2SYS Technology, Northrop Grumman, Green Bit

Pune, India -- (SBWire) -- 03/22/2019 --The company expects the fingerprint sensor market to ship 1.26 billion units this year and expect a CAGR of +11 percent a year from 2019 to 2026. Identification and verification process for authenticating an individual. In the identification process, a one-to-many matching method is used to determine an individual's identity to all the templates in the database, while the verification process uses a one-to-one matching method to personalize the biometric characteristics of a particular template in the database. Fingerprint biometric technology compares an individual's fingerprint scan against a database to identify and verify an individual's identity based on features such as whorl, arch, and loop

This report studies Global Fingerprint Biometrics Market and analyzes and studies fingerprint biometric development developments and forecasts in the US, EU, Japan, China, India and Southeast Asia.
This report focuses on the best players in the world market: Safran, 3M Cogent, Crossmatch, Suprema, HID Global, NEC, Dermalog Identification System, M2SYS Technology, Northrop Grumman, Green Bit Biokey, ZKTeco and integrated biometric.

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The global fingerprint biometrics market is dominated by key players such as 3M Cogent, Inc., BIO-key International, Inc., Crossmatch, HID Global Corporation, M2SYS Technology, NEC Corporation, Safran, Apple Inc., Anviz Global., and BioEnable.

As the adoption of fingerprint recognition biometrics increases in the medical field, the growth of the fingerprint biometrics market is one of the main factors. The adoption of fingerprint recognition technology is increasing because it provides end-to-end electronic processes to comply with security regulations such as HIPAA and to provide customer convenience. Innovators provide a variety of apps for electronic diagnosis, prescription, treatment, practice management, coding, and billing.

By End User
- Transit
- Government
- Healthcare
- Retail
- BFSI
- Others

By Technology
- AFIS Technology
- Non-AFIS Technology

By Region
- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o France
o Russia
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa

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Segmentation by technology and analysis of the fingerprint biometrics market
- Non-AFIS technology
- AFIS technology

Segmentation by end-user and analysis of the fingerprint biometrics market
- Government
- Healthcare
- Transit
- Retail
- BFSI

The study covers and analyzes the "Fingerprint Biometric" market. To drive industry-wide insight, this report aims to provide players with an understanding of the latest trends, current market scenarios, government initiatives and market-related technologies. It also helps venture capitalists better understand the company and make informed decisions.

Key questions answered in the report include
- What will the fingerprint biometrics market size and the growth rate be in 2026?
- What are the key factors driving the global fingerprint biometrics market?
- What are the key market trends impacting the growth of the global fingerprint biometrics market?
- What are the challenges to the fingerprint biometrics market growth?
This solution has been the most widely adopted for individuals and businesses around the world. This solution is cost-effective and has become popular since a variety of mobile device vendors have built fingerprinting capabilities into their products.

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