Biometrics is a term used for body calculations/measurements and refers to the metrics in relation to human characteristics. And biometric identification consists of determining the physical identity of a person by capturing an item of biometric data which are distinctive and measurable from a specific person which includes a photo of the face, a voice recording or their fingerprint. Biometric identification is done at many places like organizations (need to identify a person), law enforcement agents (while performing criminal investigations), smartphones, government firms (while making Aadhar cards biometrics are taken and stored and can be sed for future), forensic laboratories, Immigration and many other areas. Various ways in which biometric identification is done: chemical biometric devices, behavioral biometric devices, visual biometric devices, olfactory biometric devices and auditory biometric devices.
Biometric identification Market: Key Players
The research study includes profiles of leading companies operating in the global biometric identification market. Key players profiled in the report include: Thales Group, Safran, NEC Corporation, ASSA ABLOY AB, Fujitsu Ltd., Precise Biometrics, Inc., Secunet Security Networks AG, Stanley Black & Decker, Inc. (STANLEY Security), Aware, Cognitec Systems GmbH and others.
Drivers for the Global Biometric identification Market:
Rising technological advancements, premium car sales, improved automotive security systems, increasing vehicle thefts & criminal activities and increase in the number of companies/organizations, increase in forensic cases globally is owing to increase the disposable income and growth of the biometric identification market. Automotive and smartphone industries are the major drivers of the market.
Opportunities for the Global Biometric identification Market:
Moreover, rising adoption towards advancement of technologies: such as artificial intelligence and cloud connectivity in vehicles, smartphone biometrics, increased illegal activity and health care requirements for analyzing the DNA. Hence these factors are positively influence the growth of the market and is going to provide opportunities in the future.
Restrains for the Global Biometric identification Market:
However, biometric spoofing: a method of fooling the identification management systems by making a counterfeit mold that emulates the unique biometric qualities of an individual to confuse the biometric system and accuracy is one of the major issues of biometric recognition as: change in the shape of the face due to accidents, change in voice, cuts and bruises over the palm and fingers can fail in recognizing individuals. Hence these factors can majorly hamper the growth of the biometric identification market.
Region Wise, Global Biometric identification Market Analysis:
North America held major share in the market due to general economic conditions, smart technologies, increasing digitalization and investment in new technology. Besides, Europe and china have large share in the biometric identification market.
Global Biometric identification Market: Product analysis
- Fingerprint recognition
- Iris recognition
- Palm Print
- Facial recognition
- Voice recognition
- Multimodal recognition
Global Biometric identification Market: Application analysis
- Military & Defense
- Banking & Finance
- Consumer Electronics
- Travel& Immigration
Global Biometric identification Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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