TMCnet News
Global Biometric Identification Market 2017-2023 - Gemalto, Aware, Fujitsu, NEC Corp, and Precise Biometrics are Dominating - ResearchAndMarkets.comThe "Global Biometric Identification Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to ResearchAndMarkets.com's offering. The key factors driving the market growth are government initiatives for the adoption of biometrics systems, the integration of biometrics in smartphones, rising use of biometric technology in financial institutes and healthcare sectors, and increasing use of biometric systems in criminal identification. North America is the dominating region for the global biometric identification market in terms of market revenue share. This is due to the rising penetration of biometric identification systems in automobiles due to the surging demand for luxury vehicles and a rise in the number of vehicle thefts. However, Asia-Pacific will be the fastest growing market during the forecast period 2016-2023 due to numerous factors, such as technological advancements in biometric identification technology, increased adoption of biometric devices in the commercial and government sectors and rising awareness among consumers in the Asia-Pacfic region. The global biometric identification market is influenced by the presence of leading companies, such as Gemalto, Aware Inc., Fujitsu (News - Alert) Ltd., NEC Corporation, Precise Biometrics AB etc. Product launch, joint venture, and mergers and acquisitions are some of the crucial strategic initiatives adopted by key market players to gain a competitive advantage. Market Determinants Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/research/5hnk8t/global_biometric?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180123005785/en/ |
