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  • Global Biometrics Market in Retail Sector is Projected to Grow at Remarkable Rate of above 21.30% by 2020

    (I-SoftwareNews.Com, October 29, 2016 ) Global Biometrics Market in Retail Sector 2016-2020 Size and Share Published in 2016-01-13 Available for US$ 2500 at Researchmoz.us

    Description

    Biometrics has emerged as a suitable security and monitoring solution to meet this need and is based on the behavioral and physiological characteristics of an individual, which are difficult to replicate. Biometrics in the retail sector is seen as the most accurate and reliable system because it eliminates manual input, identity card exchange, and time theft.

    Biometrics include the authentication of an individual by evaluating one or more unique biological traits, such as voice recognition, hand geometry, fingerprint identification, facial recognition, iris recognition, and vein recognition.

    Technavios analysts forecast the global biometrics market in the retail sector to grow at a CAGR of 21.30% during the period 2016-2020.

    Covered in this report

    The report covers the present scenario and the growth prospects of the global biometrics market in the retail sector for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.

    The market is divided into the following segments based on technology:

    Fingerprint identification

    Facial recognition

    Hand geometry

    Vein recognition

    Technavio's report, Global Biometrics Market in Retail Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

    Key vendors

    Crossmatch Technologies

    Honeywell Security

    M2SYS Technology

    NEC

    Safran

    Suprema

    Get a Sample Copy of the Report: http://www.researchmoz.us/enquiry.php?type=S&repid=517608

    Other prominent vendors

    Allegion

    Ayonix

    BIO-key

    Biometric Time Clock Systems

    Cognitec Systems

    eSSL Security

    ePortID

    FingerCheck

    FUJITSU

    Herta Security

    TimeLabs

    Trac-Tech

    Tyco.



    Market driver

    Emergence of contactless biometrics

    For a full, detailed list, view our report

    Market challenge

    Security concerns

    For a full, detailed list, view our report

    Market trend

    Incorporation of biometric workforce management systems at retail stores

    For a full, detailed list, view our report

    Key questions answered in this report

    What will the market size be in 2020 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?

    You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.



    Inquiry on this report: http://www.researchmoz.us/enquiry.php?type=E&repid=517608



    Table of Content

    PART 01: Executive summary

    Highlights

    PART 02: Scope of the report

    Market overview

    PART 03: Market research methodology

    Research methodology

    Economic indicators

    PART 04: Introduction

    Key market highlights

    PART 05: Market description

    Working of biometrics

    Biometric technologies used in retail sector

    Applications of biometrics in retail sector

    Advantages and disadvantages of biometrics in retail sector

    PART 06: Market landscape

    Market overview

    Product life cycle of biometric technologies in retail sector

    Share of retail sector in the global biometrics market

    Global biometrics market in retail sector

    Five forces analysis



    Browse All ICT Market Research Reports at: http://www.researchmoz.us/ict-market-reports-96.html



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