Next Generation Biometric Technologies Market – Global Forecast & Analysis (2012 – 2017)

Next Generation Biometric Technologies Market – Global Forecast & Analysis (2012 – 2017) By Types (Fingerprint, Palm, Face, Iris / Retina, Vein, Voice, Signature and others), Applications (Government, Defense, Travel & Immigration, Home Security, Banking & finance, Consumer electronics, Healthcare, Commercial security and others)

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Biometric technology is an advanced technique for the identification of humans, based on their characteristics or traits. These traits can be face, fingerprint, iris, voice, signature, palm, vein, and DNA. The existing methods of human identification such as identification documents and PIN are not able to cope up with the growing demand for stringent security, which gives a high growth opportunity for the use of biometric technology. This technology is very popular also because biometric characters like face, fingerprint, hand, etc. cannot be lost, stolen, or easily forged.

This report covers various biometric authentications such as face recognition, fingerprint recognition, iris recognition, palm recognition, vein recognition, signature recognition, and DNA recognition. Out of all the biometric authentications, face recognition, finger recognition, and iris recognition are commonly used in most of the applications. Iris has a significant scope in near future due to its high accuracy rate and low false acceptance rate; which is between 0.0001% and 0.94%.

This report segregates the overall biometric technology market into various application areas such as government, defense, banking and finance, travel and immigration, healthcare, consumer electronics, commercial security, and home security. Increasing security threats, unauthorized infiltration across the borders, unauthorized immigration, illegal transaction at the ATMs, etc. give rise to biometric technology market. One of the major drivers for this market is government funding for biometric technology for deployment across the globe. Biometric technology is mostly used in applications like government, travel, immigration, banking and finance, and defense.

This report deals with all the driving factors, restraints, and opportunities for the biometric technology market, which are helpful in identifying trends and key success factors for the industry. The report also profiles companies active in the field of biometric technology. This report provides the competitive landscape of the players, which covers key growth strategies followed by all the major players. It also highlights the winning imperatives and burning issues pertaining to the biometric technology industry. The report formulates the entire value chain of the biometric technology market; right from manufacturer to customer. It also analyzes the biometric technology market with the help of Porter’s five-force model.

The global biometric technology, types, and applications market is expected to reach $13.89 billion by 2017 at an estimated CAGR of 18.7%. North America is a market leader in biometric technology market.

Scope of the report

This research report categorizes the global biometric technology, based on types and applications market; it also covers the forecasted revenue from 2012 to 2017 and future applications of biometric technology. This report also shows the various activities that are being conducted by different institutes and universities. It describes the deployments of biometric technology in various regions. The report describes the applications mapping the biometric technology market with respect to the growth potential and adoption by the users.

On the basis of types

Global biometric technology market is categorized into various types such as face recognition, fingerprint recognition, iris/retina recognition, voice recognition, vein recognition, signature recognition, palmprint recognition, and DNA recognition. This report also describes keystroke and GAIT recognition.

On the basis of application areas

Applications areas of biometric technology have been categorized into government, travel and immigration, defense, banking and finance, healthcare, consumer electronics, home security, and commercial security.

On the basis of geography

Geographical analysis covers North America, Europe, Asia-Pacific, and ROW. In this report, North America is further segregated by countries such as U.S., Canada, and Mexico. Europe is further segregated into Germany, U.K., France, Italy, and others. APAC is segregated into Australia, China, Japan, South Korea, and India. ROW is segregated into Africa and Middle East.

Table of Contents :

1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES
1.5.3 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES
1.5.4 ASSUMPTIONS MADE FOR THIS REPORT
1.5.5 LIST OF COMPANIES COVERED DURING PRIMARIES

2 EXECUTIVE SUMMARY

3 MARKET OVERVIEW
3.1 INTRODUCTION
3.2 MARKET DEFINITION
3.3 EVOLUTION OF BIOMETRIC TECHNOLOGY
3.4 BIOMETRIC TECHNOLOGIES
3.5 COMPONENTS OF A BIOMETRICS SYSTEM
3.6 ADVANTAGES OF BIOMETRIC TECHNOLOGY
3.7 MARKET DYNAMICS
3.7.1 DRIVERS
3.7.2 GROWTH IN E-PASSPORT PROGRAM
3.7.3 GOVERNMENT SUPPORT
3.7.4 WIDE USES IN CRIMINAL IDENTIFICATION
3.7.5 USE OF BIOMETRIC TECHNOLOGY IN BANKING AND HEALTHCARE
3.7.6 USE OF BIOMETRIC TECHNOLOGIES IN ELECTION ADMINISTRATION
3.7.7 GROWING NEED FOR LARGE SCALE SURVEILLANCE AT PUBLIC GATHERINGS
3.8 RESTRAINTS
3.8.1 HIGH COST OF SYSTEMS
3.8.2 FEAR OF PRIVACY INTRUSION
3.9 OPPORTUNITIES
3.9.1 BIOMETRICS-ENABLED SMARTPHONES
3.9.2 USE OF BIOMETRIC TECHNOLOGY IN E-COMMERCE
3.9.3 CLOUD COMPUTING FOR BIOMETRIC TECHNOLOGY
3.10 BURNING ISSUES
3.10.1 INTEROPERABILITY WITH OTHER TECHNOLOGY
3.10.2 LONG TIME FRAME FOR IMPLEMENTATION
3.11 WINNING IMPERATIVES
3.11.1 MULTIMODAL BIOMETRIC TECHNOLOGY
3.12 PORTER’S FIVE FORCES MODEL
3.12.1 INTENSITY OF RIVALRY
3.12.2 BARGAINING POWER OF SUPPLIERS
3.12.3 BARGAINING POWER OF CUSTOMERS
3.12.4 THREAT OF SUBSTITUTES
3.12.5 THREAT OF NEW ENTRANTS
3.13 VALUE CHAIN ANALYSIS
3.14 APPLICATIONS ANALYSIS OF BIOMETRIC TECHNOLOGY
3.15 BIOMETRIC TECHNOLOGY LIFE CYCLE
3.16 COMPONENTS OF BIOMETRIC TECHNOLOGY
3.16.1 HARDWARE
3.16.1.1 Sensor
3.16.1.1.1 Features of biometric sensors
3.16.1.1.2 Advantages of biometric sensors
3.16.1.1.3 Applications of biometric sensor
3.16.1.2 Data Storage
3.16.2 SOFTWARE
3.16.2.1 Algorithms for Biometrics
3.16.2.2 Decision Process

4 BIOMETRIC TECHNOLOGY MARKET, BY TYPE
4.1 INTRODUCTION
4.2 FACE RECOGNITION
4.2.1 METHODS OF FACE RECOGNITION
4.2.1.1 Traditional Method
4.2.1.1.1 Face recognition using eigen faces
4.2.1.1.2 Face recognition using line edge map
4.2.1.2 3D Face Recognition
4.2.1.3 Skin Texture Analysis
4.2.1.4 Facial Thermogram
4.2.1.5 Smile Recognition
4.3 FINGERPRINT RECOGNITION
4.4 IRIS RECOGNITION
4.4.1 SOME OF THE DEPLOYED APPLICATIONS OF IRIS RECOGNITION
4.5 PALM PRINT RECOGNITION
4.6 VOICE RECOGNITION
4.7 SIGNATURE RECOGNITION
4.8 VEIN RECOGNITION
4.8.1 DEPLOYMENT OF VEIN RECOGNITION
4.9 OTHER BIOMETRIC RECOGNITION TECHNOLOGIES
4.9.1 DNA RECOGNITION
4.9.2 KEYSTROKE RECOGNITION
4.9.3 GAIT RECOGNITION

5 BIOMETRIC TECHNOLOGY MARKET, BY APPLICATION
5.1 INTRODUCTION
5.2 GOVERNMENT
5.3 DEFENSE
5.4 TRAVEL & IMMIGRATION
5.5 BANKING & FINANCE
5.6 CONSUMER ELECTRONICS
5.7 HEALTHCARE
5.8 HOME SECURITY
5.9 COMMERCIAL SECURITY
5.1 OTHERS

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