Biometrics Technology Market woth $11,229.3 million in 2015

Posted June 10, 2014 by mayurmnmemp

Biometrics Technology Market categorizes global market by Products, End-User Application and Geography

The ‘Global Biometrics Technology Market (2010-2015) – Market Forecast by Products, End-User Application and Geography’ analyzes the biometrics market by different biometrics technologies and applications and studies the major market drivers, restraints, and opportunities in regions such as North America, Asia, Europe and Rest of World (ROW).

97 Tables
35 Figures
In-depth TOC on Global Biometrics Technology Market (2010-2015) – Market Forecast by Products, End-User Application and Geography.
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The market of biometrics has increased its share over the years and in 2010 it is expected that biometrics market is estimated to grow by 25.8%.
The biometrics market is estimated to grow from $4,217.2 million in 2010 to $11,229.3 million in 2015, at an estimated CAGR of 21.6% from 2010 to 2015. The growth of the biometrics market is mainly due to increasing concerns of the countries in terms of strengthening national security.

Amongst all the biometrics modalities, Automated fingerprint Identification System (AFIS) market was estimated to generate the highest revenue of $1,372.4 million in 2010 and is also expected to reach $3,283.7 million in 2015, with a CAGR of 19% from 2010 to 2015. Adoption of AFIS in national ids and civil identification holds the prime reason behind the growth of AFIS market. However, the IRIS vein and face market is expected to grow with at a CAGR of 27.5%, 25.4 and 24.2 respectively from 2010 to 2015.

At present, North American region dominates the global biometrics market; followed by Europe- the second largest market for biometrics. These two, together, account for 57.7% of the total global biometrics revenues. ROW and Asia Pacific are the fastest growing regions and this trend is expected to continue in the forecasted period as well. In terms of revenues, Asia Pacific is expected to overtake North America by 2015.

This Report Covers Following Niche Markets : Biometrics Technology Market, Biometric Devices Market, Biometric Technology Market, Biometric Products Market, Biometric Fingerprint, Biometric Technologies Market Forecast (2010-2015)

Scope of the report

This research report categorizes the global market for biometrics on the basis of different technologies and geography; forecasting revenues and analyzing trends in each of the biometrics technologies.

On the basis of applications
Applications such as travel and immigration, government, finance and banking, consumer electronics, healthcare and others are covered in the report.

On the basis of geography
North America, Europe, Asia and Rest of the World; i.e. ROW are covered in the report.

Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets. In addition, the report also provides more than 20 company profiles covering all the sub-segments.

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Issued By Mr.Rohan
Website Biometrics Technology Market
Phone +1-888-600-6441
Country United States
Categories Semiconductors
Tags Biometrics Technology Market , Biometric Devices Market
Last Updated June 10, 2014