TechNavio's analysts forecast the Global Biometrics Technology market for Financial Services to grow at a CAGR of 40 percent over the period 2011-2014. One of the key factors contributing to this market growth is the Government Regulations. The Global Biometrics Technology market for Financial Services has also been witnessing financial institutions progress toward provision of self-service facilities for end-users. However, slow adoption of biometric technology by banks could pose a challenge to the growth of this market.
TechNavio's report, Global Biometrics Technology Market for Financial Services 2011-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, the EMEA and APAC regions; it also covers the Global Biometrics Technology market for the Financial Services landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Morpho, Cross Match Technologies Inc., Suprema Inc. and 3M Cogent Inc.
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