DUBLIN, June 22 – Research and Markets (http://www.researchandmarkets.com/research/cdt4lv/next_generation_bi) has announced the addition of the "Next Generation Biometric Technologies Market - Global Forecast & Analysis (2012 - 2017)" report to their offering.
Biometric technology is an advanced technique for the identification of humans, based on their characteristics or traits. These traits can be face, fingerprint, iris, voice, signature, palm, vein, and DNA. The existing methods of human identification such as identification documents and PIN are not able to cope up with the growing demand for stringent security, which gives a high growth opportunity for the use of biometric technology. This technology is very popular also because biometric characters like face, fingerprint, hand, etc. cannot be lost, stolen, or easily forged.
This report covers various biometric authentications such as face recognition, fingerprint recognition, iris recognition, palm recognition, vein recognition, signature recognition, and DNA recognition. Out of all the biometric authentications, face recognition, finger recognition, and iris recognition are commonly used in most of the applications. Iris has a significant scope in near future due to its high accuracy rate and low false acceptance rate; which is between 0.0001% and 0.94%.
This report segregates the overall biometric technology market into various application areas such as government, defense, banking and finance, travel and immigration, healthcare, consumer electronics, commercial security, and home security. Increasing security threats, unauthorized infiltration across the borders, unauthorized immigration, illegal transaction at the ATMs, etc. give rise to biometric technology market. One of the major drivers for this market is government funding for biometric technology for deployment across the globe. Biometric technology is mostly used in applications like government, travel, immigration, banking and finance, and defense.
The global biometric technology, types, and applications market is expected to reach $13.89 billion by 2017 at an estimated CAGR of 18.7%. North America is a market leader in biometric technology market.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Overview
4 Biometric Technology Market, By Type
5 Biometric Technology Market, By Application
6 Biometric Technology Market, By Function
7 Geographic Analysis
8 Competitive Landscape
9 Company Profiles
Companies Mentioned
- 3M
- Accu-Time Systems
- Aoptix Technologies, Inc.
- Authentec, Inc.
- Bio-Key International Inc
- Cognitec Systems Gmbh
- Cross Match Technologies
- Digitalpersona, Inc.
- Daon, Inc.
- Fingerprint Cards Ab
- Fujitsu Limited
- Idair, Llc
- Idteck Co. Ltd.
- Irisguard Inc.
- Lumidigm, Inc.
- Merkatum Corporation
- Nec Corp.
- Precise Biometrics Ab
- Rcg Holdings
- Secugen Corporation
- Sagam Morpho
- Siemens Ag
- Suprema, Inc.
- Ultra Scan Corporation
- Zk Software
For more information visit http://www.researchandmarkets.com/research/cdt4lv/next_generation_bi
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