Navigation Links
MarketsandMarkets: Global Next Generation Biometric Technologies Market worth $13.89 Billion by 2017
Date:6/20/2012

DALLAS, June 20, 2012 /PRNewswire/ --

According to a new market research report "Next Generation Biometric Technologies Market - Global Forecast & Analysis (2012 - 2017)" published by MarketsandMarkets (http://www.marketsandmarkets.com), the total biometric technologies market is expected to reach $13.89 billion by 2017, at a CAGR of 18.7%.

Browse 148 tables spread through 315 pages and in-depth TOC on "Next Generation Biometric Technologies Market -Global Forecast & Analysis (2012 -2017)".
http://www.marketsandmarkets.com/Market-Reports/next-generation-biometric-technologies-market-697.html
Early buyers will receive 10% customization on reports.

"Biometric" implies the identification or authentication of humans by their traits such as face, fingerprint, voice, iris, palm, DNA, and signature. Biometric authentication has become the most important part of security due to increase in unauthorized immigration, visa frauds, border intrusion, etc. It has increasingly getting deployed at all the security checkpoints of airports, stations, commercial complex, retail malls, etc. Biometric technology provides accurate authentication and negligible margin of duplicity or error.

The 2002 film Minority Report features extensive use of casual Iris/Retina scanning techniques for both personal Identification and Point Of Sale transaction purposes. The main character changes his official Identity by having his eyes transplanted, and later accesses a security system using one of the removed eyes.

The movie Gattaca portrays a society wherein there are two classes of people: those genetically engineered to be superior (termed "Valid") and the inferior natural humans ("Invalid"). People considered "Valid" have greater privileges, and access to areas restricted to such persons is controlled by automated biometric scanners similar in appearance to fingerprint scanners, but which prick the finger and sample DNA from the resulting blood droplet.

This report describes the various types of biometric technology such as face recognition, fingerprint recognition, iris recognition, voice recognition, signature recognition, vein recognition and DNA recognition that are being used for different applications. Out of all the above types, face recognition, fingerprint recognition and iris recognition are commonly used in most of the applications. Fingerprint recognition is the oldest type of biometric authentication and can be seen at banks, ATMs and various government offices.

The next generation biometric technologies market report also throws light on the various application areas of biometric technology such as government, banking and finance, travel and immigration, defense, consumer electronics, home security, commercial security, and healthcare. Biometric technology is slowly spreading across all the industries wherever security is of the prime concern. Biometric technology is largely deployed in the application areas like government, travel and immigration, banking and finance, and defense. Government applications cover voting, personal ID, license, building access, etc.; whereas travel and immigration use biometric authentication for border access control, immigration, detection of explosives at the airports, etc. Banking and finance sector use biometric authentication for account access, ATM security, etc.

Global biometric technology-type and applications market is expected to reach $13.89 billion by 2017, at an estimated CAGR of 18.7%. North America is the biometric technology market; followed by Europe and APAC. In ROW, Middle East and Africa are the largest contributors.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics [ http://www.marketsandmarkets.com/semiconductorand-electonics-market-research-87.html ], and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/
http://twitter.com/marketsmarkets



'/>"/>
SOURCE MarketsandMarkets
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. MarketsandMarkets: Lung Cancer Drugs Market in G7 Countries Worth $13 Billion by 2020
2. MarketsandMarkets: Global Prostate Cancer Therapeutics Market worth $6,457 Million by 2020
3. MarketsandMarkets: Leukemia Therapeutics Market Worth $11.3 Billion by 2020
4. MarketsandMarkets: Acute Lymphocytic Leukemia Therapeutics Market worth $3.88 Billion by 2020
5. MarketsandMarkets: Chronic Lymphocytic Leukemia Therapeutics Market Worth $2.2 Billion by 2020
6. MarketsandMarkets: Acute Myeloid Leukemia Therapeutics Market in G8 Countries Worth $1.67 Billion by 2020
7. MarketsandMarkets: Global Seed Treatment Market worth $3430.3 Million by 2016
8. MarketsandMarkets: Global Clinical Trial Management Systems Market Worth $1300.4 Million by 2016
9. MarketsandMarkets: Global Biomarkers Market worth $25.79 Billion by 2016
10. MedImmune Announces Winners of Its 6th Annual Global Abstract Competition
11. Global Cleantech Cluster Association Names New York City Startup Rentricity to Global Top 10 List
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/12/2016)... ... February 12, 2016 , ... Global Stem Cells Group has announced ... treatment center in Quito, Ecuador, Feb. 24-March 6, 2016. The new facility will provide ... , Global Stem Cells Group CEO Benito Novas will host the event, which ...
(Date:2/12/2016)... , Feb. 12, 2016 Biocom, the association representing ... took a group of San Diego ... of its 2016 Precision Medicine Advocacy Fly-In. Biocom Fly-In participants ... and Drug Administration (FDA), the Centers for Medicare and Medicaid ... as San Diego U.S. Representatives Susan Davis and ...
(Date:2/12/2016)... Pittsburgh, PA (PRWEB) , ... February 12, 2016 ... ... 7-10, at the Georgia World Congress Center in Atlanta, Georgia, will include 848 ... These leading companies will be displaying products and services used by the ...
(Date:2/12/2016)...  BD (Becton, Dickinson and Company) (NYSE: BDX ... the launch of the BD CLiC™ System during the ... --> --> ... cost effective NGS library preparation with limited operator intervention. ... next generation sequencing (NGS) library prep instrument, engineered for ...
Breaking Biology Technology:
(Date:2/11/2016)...  According to new research from Acuity Market ... 200 fingerprint, iris, and eye-vein biometric smartphones have ... names. This includes market leaders Apple, Samsung, Huawei, ... that 600 million biometric smartphones are currently in ... Maxine Most , Acuity Market Intelligence ...
(Date:2/11/2016)... 11, 2016  Vigilant Solutions announces today that its license ... used by Lee,s Summit Police Department ... and arrest of a homicide suspect. Kansas ... around 65 square miles and is home to roughly 100,000 ... a single mobile license plate reader system and also leverages ...
(Date:2/10/2016)... , February 10, 2016 ... According to 2016 iris recognition market ... iris recognition is more widely accepted for ... with both fingerprint and iris recognition technology ... user to avoid purchasing two individual biometrics ...
Breaking Biology News(10 mins):