Biometrics Technology Market Analysis, Market Size, Share, Regional Outlook, Growth, Trends, Competitive Scenario and Segment Forecasts 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Biometrics Technology Market Analysis, Market Size, Share,

Regional Outlook, Growth, Trends, Competitive Scenario

And Segment Forecasts 2012 To 2020

Industry Insights

Increasing demand of high level of security in different industries is the key factor driving the growth of

the biometric technology. Biometric technology deals with the security purpose implied in a system

which uses identical human characteristic such as face, hand geometry, voice, signature, iris, vein, DNA

and finger print. Increasing number of terror attacks and crimes has forced to develop such system

which provides high level of security.

Traditional security provided by username, password, PIN, Patterns and tokens are vulnerable to

attacks. Furthermore, Biometric technology uses physiological and behavioural characteristics, unique in

each individual for identification hence it provides high level of security which is expected to impact the

market growth. Security level is increased owing to these unique characteristics which can not be copied

or stolen easily and hence is expected to augment the market growth.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Advance technology application such as e-passport in government sector uses biometric technology to

provide security. Growth in e-passport program, government support, use of biometric technology in

banking, healthcare, smartphones, election administration and extensive use in criminal identification

and growing need for large scale surveillance at public gatherings are the major key drivers for the

growth of the biometric technology market.

However, High cost of systems and fear of privacy intrusion is expected to restraint the market over

forecast period. Cloud computing for biometric technology and use of biometric technology in ecommerce are...