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Overview for the Market of Next Generation BiometricsThe identification and security systems deployed across organizations have evolved a great deal in the past few years. Many recent advances introduced in these systems have considerably benefited businesses worldwide in fortifying their security. Next generation biometrics is one such technology that has been witnessing rising demand around the world. Biometrics technologies are automated methods used for verifying and authenticating the identity of a person based on behavioral or physical characteristics such as fingerprints, voice patterns, vein and signature patterns, facial patterns, hand measurements, and eye retina and iris. Biometrics has emerged as a popular method of verifying the identity of a person under surveillance. The basic premise of the technology is based on the fact that every person is unique and it is possible to identify him/her by the intrinsic physical or behavioral traits. Next generation biometrics has gained incredible popularity in the last few years, mainly because of the favorable government initiatives adopted globally to restrict illegal entry. The technology has also gained impetus from the introduction of e-passports and its increasing use in criminal identification. Information Regarding Biometrics & Its Technology in Future: http://bit.ly/1OjLo5w The growing use of biometrics in cloud computing and e-commerce solutions is expected to provide lucrative opportunities for the global next generation biometrics market. This multi-billion dollar market is anticipated to further gain from the rising applications in the travel and immigration industries. The next generation biometrics technology offers a high degree of privacy, accuracy, ease of use, interoperability, and uniformity across the system. The growing awareness about the benefits offered by biometrics has been crucial in driving the market for the technology behind it. Furthermore, biometric technology enables storage of information in the digital format, which is nearly impossible to decipher and reconstruct. Owing to its exceptional features, the next generation biometrics technology finds use across varied applications ranging from health care, government, defense, and border security to commercial security, travel and immigration, and banking and finance. The increasing government funding for deploying biometric technology across various economic sectors has been a major factor boosting the global next generation biometrics market. Next Generation Biometrics Market: Vendor Landscape Major Players in the market of Next Generation Biometrics include: > 3M > Fulcrum Biometrics > Cross Match Technologies, Inc > Fujitsu Ltd. About TMR Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |