Biometrics Technology Market - Global Industry Analysis Size Share Growth Trends and Forecast 2013 - 2019

Transparency Market

Research

Biometrics Technology Market - Global Industry Analysis

Size Share Growth Trends and Forecast 2013 - 2019

Published Date

24-April-2014

117 Page Report

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Press Release

Global Biometrics Technology Market is Expected to Exceed USD

23 Billion by 2019: Transparency Market Research

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Biometrics Technology Market

REPORT DESCRIPTION

Biometrics Technology Market - Global Industry Analysis Size Share Growth Trends and

Forecast 2013 - 2019

According to a new market report published by Transparency Market Research "Biometrics Technology

(Face, Hand geometry, Voice, Signature, Iris, AFIS, Non-AFIS and Others) Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global market is expected to reach a value of

USD 23.3 billion by 2019, at a CAGR of 20.8% from 2013 to 2019.

Increasing security concerns due to the rising terror attacks and crimes have created a need for high level

security. In addition, the rising government initiatives such as e-passport, national identification programs

etc. and various border control projects such as European Dactyloscopy (EURODAC), Visa Information

Systems (VIS) and new generation Schengen Information System (SIS II) have helped to boost the

biometrics technology market. However, privacy concerns and high cost of biometrics system may hinder

the growth of this market. Furthermore, increasing usage of multimodal biometrics to enhance the security

level is expected to create huge opportunities for this market in the upcoming years.

Browse the full report at with complete TOC http://www.transparencymarketresearch.com/biometricstechnology-market.html

By application type, the non-AFIS biometrics systems accounted for largest revenue share of 41.40% of the

overall biometrics...