SOURCE: Research and Markets

Research and Markets

March 07, 2016 06:42 ET

Global Biometric Market to Reach USD 25.31 Billion By 2020 -- Estimation & Forecast Report 2015-2020

DUBLIN, IRELAND--(Marketwired - March 07, 2016) -  Research and Markets has announced the addition of the "Global Biometric Authentication & Identification Market: Focus On Modality, Motility & Application -- Estimation & Forecast, 2015-2020" report to their offering.

In the last few years, the world has witnessed a series of technological innovations that make the biometrics both technically and commercially feasible today.

With associated advantages of data redundancy, multi-level security, convenience and advanced quality, the global biometric market value is anticipated to grow from $10.08 billion in 2014 to $25.31 billion in 2020 at an estimated CAGR of 16.56% from 2015 to 2020.

Key Topics Covered:

  • The key drivers, growth trends and key challenges for the future growth of the Biometrics market in the next 3-5 years
  • The key market players and component providers
  • The different modalities under Biometrics
  • How the market for individual modality will grow through the forecast period
  • Recent industry breakthroughs which could lead to the dominance of such technologies in the market
  • How the various modalities are mapped across different applications including Government, Healthcare, Enterprise, Consumer Electronics, Banking and Financial Institutions
  • The geographic regions which will become the major markets for Biometric systems
  • Why the market is emerging at a high rate in Asia-Pacific and Middle-East countries
  • The compounded annual growth rate (CAGR) for the global market individually for different modality motility, application and geography
  • How significantly the global and the local competition affect the company's market share

Report Contents:

1 Report Scope

2 Executive Summary

3 Market Dynamics

4 Global Biometric Authentication Market, By Modality

5 Global Biometric Authentication And Identification Market, By Motility

6 Global Biometric Authentication And Identification Market, By Application

7 Global Biometric Authentication And Identification Market, By Geography

8 Market Trends, Developments, & Strategies

9 Company Profiles

10 Appendix

Companies Mentioned:

  • 3M
  • Anvis Global
  • Apple Inc.
  • Authentec Inc.
  • Aware Inc.
  • Bio-Key International
  • Cognitec Systems
  • Crossmatch Technologies
  • Diamond Fortress Technologies
  • Fingerprint Cards AB
  • Fujitsu
  • Fulcrum Biometrics
  • Hid Global
  • Iris Id Systems, Inc.
  • Kaba Group
  • M2Sys Technology
  • Morpho Group
  • Morphotrak LLC,
  • Morphotrust LLC, Inc.
  • Nec Corporation
  • Precise Biometics
  • S.I.C. Biometrics, Inc.
  • Sensory, Inc.
  • Synaptics, Inc.
  • Tyco International, Ltd.

For more information, visit

Sector: Biometrics

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