Next Generation Biometrics (NGB) Market Grows With State Funded Identification Initiatives - IndustryARC Analysis

Next Generation Biometrics (NGB) Market, Spurred By Government Sponsored Personal Identification Regulations, Is Set To Rapidly Grow During The Forecast Period Till 2022.


Hyderabad, India, March 24, 2017 (GLOBE NEWSWIRE) -- The report “Next Generation Biometrics Market: by Type of Authentication (Single-Factor, Multi-Factor, Multi-Modal); Biometric Type (IRIS, Face, Fingerprint, Vein); By Application (Banking, Government, Consumer Electronics, Retail) - Forecast (2017 - 2022)”, published by IndustryARC, estimates that owing to advances in technology and implementation of unique identification for individual tracking in various sectors, the market will rise tremedously in APAC and RoW regions.

Browse 135 Market Tables, 47 Figures spread through 260 Pages and an in-depth TOC on “Next Generation Biometrics (NGB) Market 2017 – 2022
http://industryarc.com/Report/1308/next-generation-biometrics-market-analysis.html 

Scope & Regional Forecast of the Next Generation Biometrics (NGB) Market:

Authentication and Identification of an individual are gateways to prevent unauthorized access to protect anything of high value. Both these can be achieved by credentials such as password, pin, identification documents and so on. However, with increasing demand for stringent security in various applications such as border control, access control, online banking and so on, the traditional methods fail to meet the demand. Moreover, these methods possess inferior resistance against spoofing and hacking, paving way for stronger and reliable authentication methods like biometrics.

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In certain countries, the government has introduced biometric attendance systems at all its offices to keep effective tracking of the employees. The employee can hence use a civil ID to authenticate himself and is expected to spread to various applications such as retail payments, healthcare payments, and so on. The biometrics market is segmented into four regions namely: North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). North America and Europe are the leading regions in terms of revenue and volume. The Next Generation Biometrics Market Report is a thorough study of different types of biometric devices, applications which employ biometrics.

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Prominent Segmentations Involved in the Next Generation Biometrics (NGB) Market:

  • Type: Single Factor Authentication (Fingerprint, Face, Palm Vein), Multi-Factor Authentication (Fingerprint and Pin/Card, Face and Pin, Palm Vein and Card, Multi-Modal) and Others. 
  • Application: Banking, Consumer Electronics, Enterprises and Corporations, Government Applications, Healthcare, Hospitality, Gaming, Retail, Residencies.
  • Geographic Regions: Americas, Europe, APAC and ROW.

Some of the sample companies profiled in the Next Generation Biometrics (NGB) Market report are as follows:

  • Cross Match Technologies Daon (Australia)
  • Daon (Ireland) 
  • Facebanx (UK) Fortinus (UK)
  • Fujitsu Australia Limited 
  • Gemalto Pty Ltd (Australia)
  • Hitachi Europe Ltd IBM Australia Pty Ltd
  • ID Management Centre - ID.academy (Netherlands) 
  • IdentyTech Solutions Ltd (Israel) 
  • Imagus Technology Pty Ltd 
  • Infratherm Pty Ltd (Australia)
  • L-3 National Security Solutions (USA) 
  • Mondokey Ltd. (Australia) 
  • NEC (Australia & New Zealand) 
  • Nok Nok Labs Inc 
  • Nuance Communications Australia Pty 
  • Palmetrix Paycasso Verify Ltd (UK)

Why buy this report?

  • Get a detailed picture of the Next Generation Biometrics (NGB) Market.
  • Pinpoint growth sectors and identify factors driving change.
  • Understand the competitive environment, the market’s major players and leading brands.
  • A five-year forecast method is used in order to assess how the market is predicted to develop.

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Browse Related Reports:

Mobile Devices User Authentication Services Market Analysis: By Type [Biometrics (Physiological, Behavioural), Smartcard, Tokens, Key Cards]; Applications (BFSI, Government, Defence, Consumer Electronics) - Forecast (2017-2022)
http://industryarc.com/Report/166/Mobile-Devices-User-Authentication-Services-Market.html 

Physical Intrusion Detection and Prevention Systems Market: By Type (Keypad, Access Control, Biometrics & Smart Card); By End-user; By Service and By Component– With Forecast (2016-2021)
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