ICT Media

Global Biometrics Market in BFSI Sector 2015-2019

  • TEC280145
  • 59 Pages
  • August 2015
  • ICT Media
About biometrics
Biometrics helps identify individuals based on their physical or behavioral features. It involves verification and identification of physiological traits through fingerprints, face recognition, DNA, palm vein prints, hand geometry, and iris recognition, and of behavioral traits through keystroke patterns and speech pattern/voice recognition. Biometrics technologies are considered more reliable compared to physical devices and numeric codes, as biometric traits will not change. Biometrics performs verification and identification processes to authenticate an individual. In a verification process, a one-to-one matching method is used to verify the biometrics traits of an individual against a particular template in a database, whereas in an identification process, a one-to-many matching method is used wherein the biometrics traits of an individual is matched against all templates in the database to determine an individuals identity.

Biometrics is used for security purposes in the BFSI sector to prevent data breaches and identity theft. Finger scan, facial scan, iris scan, retina scan, signature scan, voice scan, and vein scan biometrics have been deployed worldwide in the BFSI sector for secure transaction and authentication of account and network access in banks.

Technavios analysts forecast the global biometrics market in the BFSI sector to grow at a CAGR of 21.83% during 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the global biometrics market in the BFSI sector for 2015-2019.

To calculate the market size, the report considers revenue generated from the hardware, software, and integrated solutions segments. The revenue generated from aftersales services is not included in the market size calculation.

The report provides a detailed analysis of the following:
Technology: fingerprint identification, voice recognition, facial recognition, vein recognition, and iris recognition
Geography: North America, APAC, Europe, Latin America, and MEA

Technavios report, Global Biometrics Market in BFSI Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
3M Cogent
4G Identity Solutions
Cross Match Technologies
FUJITSU
HID Global
Safran

Other prominent vendors
ACTAtek
BioEnable
BioID
EyeVerify
Face Data
Fulcrum Biometrics
Hitachi
M2SYS Technology
Nuance Communications
TENBIO

Market risk factor
Security issues of biometric data
For a full, detailed list, view our report

Market trend
Emergence of mobile biometric payments
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 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?
Please Select Format

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Dyeing Machine Asia-Pacific Market Research Report, 2013 - 2020

The market for the dyeing machine in textile industries is at its nascent stage. Dyeing machines are categorised by the Fibre, yarn, knits, woven and similar compatible materials. It is ...

July 2017  |   Price:$ 2850    | Pre Book Price:$ 2850

Read More >>

World Mobile User Authentication Market Research Report, 2014 - 2020

Mobile user authentication is identification and verification of end users through methods including GPS, biometrics, OTP, timestamps, and others. This authentication makes use of mobile devices such as smartphones to ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Circulating Tumor Cells Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Circulating tumor cells (CTCs) are cells which detach from its primary or secondary tumors, enters in to the bloodstream and travel to distant organs. This is the evolving field of ...

March 2017  |   Price:$ 7695    | Pre Book Price:$ 7695

Read More >>

World Smart Process Application Market - Opportunities and Forecasts, 2014 - 2020

Software developed to support an enterprises or business process management (BPM) activities in a highly collaborative way is termed as smart process application. The software provides quicker and more consistent ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World Oncology Information System Market - Opportunities and Forecasts, 2014 - 2020

Oncology Information System (OIS) is an extensive information as well as image management technique that enables an enterprise to oversee processes associated with oncology care. The emergence of this technique ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Global 4D Printing Market (Applications and Geography) Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

Although 3D printing technology has not yet gained traction in certain regions, researchers have proposed an updated technology called 4D printing. As the 4D printing industry involves state-of-the-art self-assembling materials, ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

2017 © Copyright Big Market Research

View Pricing >>