DUBLIN, Feb. 26, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/5t894p/global_biometrics) has announced the addition of the "Global Biometrics Monitoring Systems Market 2015-2019" report to their offering.
The global biometric monitoring systems market to grow at a CAGR of 26.71% over the period 2014-2019.
Global Biometric Monitoring Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, Latin America, MEA, and North America; it also covers the landscape of the global biometric monitoring systems market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
With increase in the number of criminal activities related to critical infrastructure such as government institutions, healthcare facilities, and infrastructure in the transportation and BFSI sectors, demand for security technologies is on the rise. There is a need for highly reliable and accessible personal authentication and identification systems, and biometrics has emerged as a suitable solution. It is based on behavioural and physiological characteristics of individuals that are difficult to replicate.
The adoption of biometric monitoring systems is gaining prominence worldwide in law enforcement, financial institutions, access control, immigration, national ID, time and attendance monitoring, border control, hospitals, retail, and airport security.
The market is fragmented with the presence of many small and large vendors. A detailed comparison of products and features from key leading vendors is provided in the report.
In addition, the report discusses the major drivers influencing market growth and the challenges faced by vendors and the market as a whole. It also examines key emerging trends and their influence on current and future market scenarios.
One of the emerging trends seen in the biometrics monitoring systems market is its application in residential security. Residential security solutions provide round-the-clock security against crime and hazards such as gas leaks and fires.
According to the report, with the increased adoption of mobile devices across the globe in various sectors such as healthcare, government, BFSI, and transportation, integration of biometrics for law enforcement in portable devices is also growing.
Further, the report states that risks associated with the sharing of monitoring systems in the global biometrics market presents a key challenge to the leading vendors of this market.
- 3M Cogent
Other prominent vendors
- 4G Identity
- CrossMatch Technologies
- Herta Security
- M2SYS Technology
- m3 Biometrics
- Sensogram Technologies
- Vigil Monitoring
For more information visit http://www.researchandmarkets.com/research/5t894p/global_biometrics
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SOURCE Research and Markets