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Global Next Generation Biometric Market by Technology, Function, Application & by Geography - Forecasts & Analysis to 2020
Date:7/21/2014

DUBLIN, July 21, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/kg89vj/next_generation) has announced the addition of the "Next Generation Biometric Market by Technology, Function, Application & by Geography - Forecasts & Analysis 2014 - 2020" report to their offering.

http://photos.prnewswire.com/prnh/20130307/600769

Biometric technology is the verification of humans by their characteristics such as face, fingerprint, voice, iris, palm, signature, vein, and DNA. DNA and vein recognition are the latest and most advanced types of biometric authentication. Fingerprint, face, and iris recognition are commonly used in almost all the application areas. The demand for biometric technologies has increased manifolds in the recent years. The basic reason behind this is the rise in the number of terrorist activities, coupled with multiplicity of theft on the part of crucial data and information which have raised concerns regarding the national security. Today, biometric technologies are used in several verticals such as consumer electronics, government organizations, airports, corporations, and so on, where security remains the prime concern.

Biometric technology market can be categorized into different applications such as government, travel and immigration, banking and finance, consumer electronics, home security, commercial security, and healthcare. The most common application areas in the field of biometric technology are government, banking, finance, travel and immigration, and defense.

Biometrics provides a high degree of security and convenience which ensures confidentiality of personal information. This is superior to traditional password
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