Global Biometric Authentication and Identification Market: Focus on Modality (Face, Eye, Fingerprint, Palm, and Vein), Motility, Application, and Technology Trends Analysis and Forecast: 2018-2023
The report presents a detailed market analysis including an in-depth study of the market drivers, opportunities, challenges, and growth trends mapped across segments. The market is segmented based on modality, motility, application, and regional presence. The increasing risk of data breaches along with privacy concerns among consumers, is one of the crucial issues to be looked upon in the current scenario. The effort to deliver such solutions, along with the growing demand of handheld devices, is acting as one of the major drivers for the global biometric authentication and identification market at present.
The increased usage of deep learning techniques for big data in biometrics, has been identified as the key opportunity that could escalate the market growth in the coming years. However, latent fingerprint and spoofing coupled with concerns of cyber threats, continue to remain the pain points of the market.
The modality chapter is divided into eight broader categories including fingerprint, vein pattern, facial, eye, palmprint, voice, handwritten, and others. The information supplied in the report includes key market players, market size, key restraints, and growth opportunities.
The classification of abovementioned different modalities into fixed and mobile motility, provides an in-depth analysis of the market statistics, key trends, and opportunities across regions.
The extensive research in various modalities by major players such as Fingerprint Cards AB, Fulcrum Biometrics, and Anviz Global, among others, has provided a plethora of applications including commercial, healthcare, government, and banking and financial. The report provides an exhaustive application analysis including the market statistics for different verticals and enumerates various use cases with a futuristic roadmap for each industry vertical.
Being an extensive research study on the leading as well as developing regions in the biometric authentication and identification market, such as Asia-Pacific, North America, Europe, and Rest-of-the-World, the report provides the market statistics, drivers, challenges, and opportunities across these regions.
The report also formulates the entire supply chain of the market, along with industry trends of biometric authentication and identification, technology trends, and competitive scenario with emphasis on market timelines and technology roadmaps, and market dynamics. Some of the key players identified in the report are Fulcrum Biometrics (India), Anviz Global (China), Fingerprint Cards AB (Sweden), M2SYS Technologies (U.S.), and Aware Inc. (U.S.).
Key questions answered in the report:
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