Market Research Report
Biometrics: Technologies and Global Markets
|Published by||BCC Research||Product code||140092|
|Published||Content info||377 Pages
|Biometrics: Technologies and Global Markets|
|Published: January 1, 2016||Content info: 377 Pages||
The global market for biometric technologies totaled $14.9 billion in 2015 and is expected to reach $41.5 billion by 2020 increasing at a compound annual growth rate (CAGR) of 22.7% from 2015 to 2020.
This report has been prepared in a simple format that can be easily understood, with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of biometric devices, with reasons given for variations in the growth of the industry in certain regions. The report examines each type of biometric technology, determines its current market size, and estimates the future markets for each type of biometric technology. The report also analyzes the market from the manufacturers' viewpoint as well as that of the final consumers. A number of technological issues arising out of the utilization of biometric technologies are discussed and solutions indicated. The use of biometric technologies in government and public sector institutions are discussed in detail, along with the markets for these sectors.
The analyst, Srinivasa Rajaram, is a mechanical engineer with more than 40 years of manufacturing experience. He also was senior vice president of M/S Schenck Avery Ltd., an Indo-German joint venture, and has authored several technology market research reports for BCC Research.