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  • Biometrics Market in North America to Grow at CAGR of 16.98 % to 2018

    (I-SoftwareNews.Com, August 22, 2014 ) Dallas, TX -- Biometrics is a technology that helps in the identification of individuals based on their physical or behavioral features. It involves verification and identification of both physiological traits such as fingerprints, face recognition, DNA, palm print, hand geometry, and iris recognition and behavioral traits such as keystroke patterns and speech pattern/voice recognition. The technology is also used for authentication purposes. A biometrics system can be either an identification system or a verification system. In an identification system, a person’s identity is determined without their consent. Identification systems are more often used in surveillance applications. In a verification system, the biometric data is used only to verify a person’s identity. Verification systems are mostly used in access control applications.



    Analysts forecast the Biometrics Market in North America to grow at a CAGR of 16.98 percent over the period 2013-2018.



    Covered in this Report



    This report covers the present scenario and the growth prospects of the Biometrics Market in North America for the period 2013-2018. To calculate the market size, the report considers revenue generated from the sales of biometrics solutions in the US and Canada. It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Biometrics Market in North America. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.



    Buy a Copy of Report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=204862 .



    Key Regions



    US

    Canada



    Key Vendors



    3M Cogent Inc.

    Cross Match Technologies Inc.

    NEC Corp.

    Safran SA



    Other Prominent Vendors



    Advanced Biometrics

    Amano Cincinnati

    Aware

    BIO-Key International

    Cognitec Systems

    DigitalPersona

    Fingertec USA

    Fujitsu

    GAMASIS

    Griaule Biometrics

    M2Sys

    Nuance Communications

    Precise Biometrics

    ZKteco



    Market Driver



    Increasing Number of Identity Thefts

    For a full, detailed list, view our report



    Market Challenge



    Increased Design Complexity

    For a full, detailed list, view our report



    Market Trend



    Integration of Biometrics in Smart Cards

    For a full, detailed list, view our report



    Key Questions Answered in this Report



    What will the market size be in 2018 and what will the growth rate be?

    What are the key market trends?

    What is driving this market?

    What are the challenges to market growth?

    Who are the key vendors in this market space?

    What are the market opportunities and threats faced by the key vendors?

    What are the strengths and weaknesses of the key vendors?



    Single User License is US $3000 for Discount Inquire@ http://www.rnrmarketresearch.com/contacts/discount?rname=204862 .



    About us: Rnrmarketresearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.



    RnR Market Research

    Ritesh Tiwari

    + 1 888 391 5441

    sales@rnrmarketresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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