Research and Markets - Global Fingerprint Biometrics in the VAR Market CAGR Growth of 11.8% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: 360 Biometrics, Bayometric, Bromba Biometrics
The report forecasts the global fingerprint biometrics in value-added reseller (VAR) market to grow at a CAGR of 11.8% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A trend which is encouraging market growth is the introduction of multimodal biometric systems. The implementation of multimodal biometrics in many sectors such as healthcare, BFSI, transportation, automotive, and government is a major trend exhibited in the market. Multimodal biometrics is the integration of a number of biometric technologies such as fingerprint recognition, facial recognition, and voice recognition. It can be used to prevent unauthorized access to ATMs, healthcare databases, mobile devices, and online and offline applications.
According to the report, a key growth driver is the integration of fingerprint biometrics into smart cards. A biometric-based smart card is a combination of a stored fingerprint template on a smart card and a live scanner. It is used for various documents such as ID cards, passports, driving licenses, social security cards, and medical and insurance cards to enhance the level of security and ensure the safety of the user. In the past, many countries did not encourage the integration of biometrics into smart cards owing to privacy issues.
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Delaney Secure Ltd.
AKSA Solution Development
California Peripherals and Components
Digital Data Systems
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market description
PART 06: Market development
PART 07: Market landscape
PART 08: Role of VARs in fingerprint biometrics market