Afis Is Expected To Remain The Largest Segment In The Global Biometrics System Market

By Author: Lucintel LLC
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An exciting new study from the team of Lucintel found that biometrics system market is expected to reach $48.1 billion by 2025 with a CAGR of 14.5%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The biometrics system market is segmented based on technology, end use, type, and region. In this market, AFIS is expected to remain the largest technology and government and law enforcement segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like increasing focus of safety and security in private and business sectors related to unauthorized access, growth in the e-passport program for personal identification.
Development of advanced biometric modalities, such as body odor, ear pattern, and lip biometrics and increasing use of advanced biometric sensors are emerging trends having impact on dynamics of the ...
... industry.
Safran SA, NEC Corporation, 3M Cogent, Precise Biometrics, and Fujitsu Ltd are some of the major players profiled in this 176 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the biometrics system market by type (physiological and behavioral), by technology (fingerprint, AFIS, iris recognition, facial recognition, hand geometry, vein recognition, signature recognition, voice recognition, and others), by end use industry (government and law enforcement, commercial and retail, health care, travel and immigration, financial and banking, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the biometrics system market?
Q.4 What are some changing demands of customers in the biometrics system market?
Q.5 What are the new developments in the biometrics system market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this biometrics system area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this biometrics system market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751