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:3/24/2017)... ROCKVILLE, Md. , March 24, 2017  Infectex ... Fund (MBVF), today announced positive results of a Phase ... drug therapy regimen in patients with multidrug-resistant pulmonary tuberculosis ... by scientists at Sequella, Inc. ( USA ... A total of 140 patients were enrolled ...
(Date:3/24/2017)... , March 24, 2017   Sienna Biopharmaceuticals, ... aesthetics company, today announced that Richard Peterson ... March 24.   Peterson, who brings more than ... John Smither , who is retiring at the end ... an advisory capacity. Peterson joins Sienna from Novan, Inc., ...
(Date:3/23/2017)... 2017 Research and Markets has announced ... report to their offering. ... The Global Market for Bioproducts Should ... at a CAGR of 8.9%, This research ... into seven major product segments: bio-derived chemicals, biofuels, pharmaceuticals (biodrugs ...
(Date:3/23/2017)... 2017  BioPharmX Corporation (NYSE MKT: BPMX), a ... market, today reported financial results for the quarter ... provide an update on the company,s clinical development ... "We are pleased to report that last year ... President Anja Krammer. "We achieved key clinical milestones ...
Breaking Biology Technology:
(Date:2/24/2017)...  EyeLock LLC, a leader of iris-based identity ... biometric solution on the latest Qualcomm® Snapdragon™ 835 ... World Congress 2017 (February 27 – March ... 3, Stand 3E10. The Snapdragon ... platform—a combination of hardware, software and biometrics ...
(Date:2/21/2017)... Der weltweite Biobanking-Sektor wird bis ... Gespräch mit mehr als 50 Vertretern aus verschiedenen Branchen wurde ... um diese Prognose zu realisieren. ... Zu den Schwierigkeiten ... Mittel für die Biobank, die Implementierung Zeit sparender Technologien, ...
(Date:2/13/2017)... FRANCISCO , Feb. 13, 2017  RSA ... centralized platform that is designed to enhance fraud ... latest release in the RSA Fraud & Risk ... enable organizations to leverage additional insights from internal ... tools to better protect their customers from targeted ...
Breaking Biology News(10 mins):