ICT Media

Global Biometrics Spending Market in the Government Sector 2015-2019

  • TEC280138
  • 83 Pages
  • August 2015
  • ICT Media
About biometrics spending in the government sector
Security of data and assets has been a key concern for enterprises, banks, government organizations, telecommunications, hospitals, as well as individuals. Keys, identity badges, and numeric keypads were previously being used to prevent unauthorised access. Technological advancements resulted in the introduction of two-factor authentication, wherein individuals could gain access to secure premises after being authenticated using two different components, such as hardware devices and numeric codes. However, hackers also could easily gain access to hardware devices and obtain numeric codes.

In 1999, biometrics was introduced to identify individual traits based on behavioural and physiological characteristics of individuals that could not be replicated easily. It includes voice recognition, palm geometry recognition, DNA identification, gait recognition, fingerprint matching, facial recognition, iris recognition, signature verification, and vein recognition. Also, biometrics are considered to be more reliable compared to physical devices and numeric codes. In addition, biometric traits cannot be lost or forgotten by an individual. Biometrics use verification and identification to authenticate an individual. Verification is a one-on-one process used to match biometric traits of an individual against a particular template. However, identification is a matching process where the biometric traits of an individual are matched against all templates in the database to determine an individuals identity.

Technavios analysts forecast the global biometrics spending in the government sector to grow at a CAGR of 22.34% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global biometrics spending in the government sector for the period 2015-2019.

To calculate the market size, the report considers revenue generated from the sales of biometric solutions including hardware, software, integrated solutions, and services in the government sector. Revenues generated from aftersales services are not included to calculate the market size.

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

The market is highly fragmented with the presence of a large number of small and large vendors. A detailed product and feature comparison for the key leading vendors is provided in the report.
In addition, the report discusses the major drivers that influence the growth of the global biometrics spending in the government sector. It also outlines the risks faced by vendors and the market at large, as well as the key trends emerging in the market.

Key regions
APAC
Europe
Latin America
MEA
North America

Key vendors
3M Cogent
BioEnable
Cross Match Technologies
NEC
Safran

Other prominent vendors
Apple
Aware
Cardzme
CogniTEC
FaceFirst
Google
Hitachi
Iris ID
M2SYS
Nuance Communications
Suprema

Market inhibitor
High cost of biometric systems
For a full, detailed list, view our report

Emerging trend
Emergence of 3D facial recognition
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?
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