(Wireless-NewsWire.Com, February 08, 2018 ) According to Publisher, Global Next generation biometrics market is accounted for $4.82 billion in 2015 and is expected to reach $8.3 billion by 2022 to grow at a CAGR of 8.0%. Rising applications of Next generation biometrics equipment in nanotechnology and medical applications and advancements in technology and usage of Next generation biometrics equipment in semiconductors are some of the factors driving the market. However, high maintenance and equipment cost may hinder the market growth. Demand for Next generation biometrics equipment in emerging nations may create an opportunity to the market.
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North America accounted for the largest share in the market. However, Asia Pacific is expected to grow at a highest CAGR during the forecast period. The biometrics system market for single-factor authentication is expected to grow at the highest CAGR.
Some of the key players in global next generation biometrics market include NEC Corporation, Precise Biometrics Ab, 3M Cogent, Inc., Fujitsu Ltd., Safran SA, Bio-Key International, Inc., Suprema Inc., Fulcrum Biometrics, Thales SA, ZK Technology LLC, Cross Match Technologies, FUTRONIC Technology Co. Ltd, IDEX Group and RCG Holdings Limited.
Applications Covered: -Military & Defence -Travel & Immigration -Government -Banking & Finance -Security -Home Security -Commercial Security -Healthcare -Consumer Electronics -Others
Functions Covered: -Non-Contact Biometrics -Contact Biometrics
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Authentication Types Covered: -Single Factor Authentication -IRIS -Fingerprint -Face -Palm Vein.
-Multi-Factor Authentication -Biometrics With Pin -Two-Factor Biometrics Authentication Keypad Locks -Three-Factor Biometric Authentications Biometric Locks -Face and Pin -Fingerprint and Pin/Card -Palm Vein and Card -Multi-Modal. -Face and Fingerprint -Iris and Fingerprint -Face and Palm -Voice Recognition -Signature Recognition -Other Biometric Technologies -Keystroke Recognition -Gait Recognition -DNA Recognition
Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -France -Italy -UK -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World -Middle East -Brazil -Argentina -South Africa -Egypt
10 Company Profiling 10.1 NEC Corporation 10.2 Precise Biometrics Ab 10.3 3M Cogent, Inc. 10.4 Fujitsu Ltd. 10.5 Safran SA 10.6 Bio-Key International, Inc. 10.8 Suprema Inc. 10.9 Fulcrum Biometrics 10.10 Thales SA 10.11 ZK Technology LLC. 10.12 Cross Match Technologies 10.13 FUTRONIC Technology Co. Ltd. 10.14 IDEX Group 10.15 RCG Holdings Limited.
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