New Research Report on Military Biometrics Market to Reach US$ 10,620.6 Million by 2025

Posted on 2018-01-19 by Mark Hub in Aerospace, Defense // 0 Comments

Albany, USA, 2018-Jan-19 — /EPR Network/ —Market Research Reports Search Engine (MRRSE) has recently added a new report to its vast online database. This research study is titled as Biometric systems market are becoming increasingly popular in wearable devices such as smart watches, eye glasses and fitness bands. These devices are equipped biometric identification capabilities such as heart rate sensors and blood pressure monitors. Furthermore, the wearable devices are also used for authentication purposes. Similarly, the biometrics applications are also gaining popularity in defense sector. The ongoing threat for terrorism and the rising concern for illegal migration in countries such as the U.K. and the U.S. are resulting into government focusing on upgrading the military and defense facilities with biometric authentication. These are few factors which are expected to drive the growth in the market during the forecast period.

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However, there is one major factor lowering the demand for these systems during the forecast period. The installation of biometric authentication systems is complex and needs skilled personnel. In case of a system breach, there is a chance of data loss. Moreover, the whole system installation cannot be reset easily. This is one primary reason hindering the demand for biometric systems in defense sector as it involves the security of highly confidential data which cannot be compromised. Nevertheless, the ongoing technological innovations are expected to reduce the chances of breaching or hacking biometric authentication systems. Furthermore, the ongoing research and development in the field of secure access in expected to drive the demand for biometrics in defense. In June 2016, the CIO of Pentagon, Terry Halvorsen announced a two year plan of replacing the functions of common access cards with biometric systems such as iris scanners and behavioral analytics. The same technology will further be incorporated by the U.S. allies who include Australia, Britain, Canada and New Zealand.

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Global Military Biometrics Market: Segmentation

The global military biometrics market can be segmented by types in fingerprint recognition, facial recognition and iris recognition primarily. The fingerprint recognition market is expected to dominate the market during the forecast period owing to the increasing application of these systems in developing regions such as Asia Pacific and Middle East. Furthermore, the iris recognition segment has been identified to be the most attractive segment owing to its accuracy in identifying the person with less malfunctionality. Iris recognition has been analyzed to be the most accurate way of identifying a person. Moreover, iris cannot be copied or used from a dead person as it becomes useless immediately. In addition, facial recognition is also becoming popular as it can be used to track a person in any area equipped with facial recognition cameras. Hence the demand for facial biometrics is expected to drive the market for military biometrics significantly. Hence the segment is expected to witness promising growth during the forecast period. Moreover, the growing concern over security from terrorist activities and the global rise in mass migration with illegal identities is expected to drive the global demand for facial and iris biometrics significantly. By geography, the global biometric market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America has been analyzed to dominate the military biometrics market. The ongoing threat of illegal migrations from Mexico has resulted into the U.S. government upgrading their authentication systems in border security. Furthermore, Asia Pacific has been anticipated to have the fastest growth during the forecast period. Countries such India and China are gradually investing towards upgrading defense facilities with secured authentication which is expected to drive the market for military biometrics significantly.

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Companies Mentioned in the Report

The major vendors in the global Military Biometrics market are 3M Cogent, Inc. (United States), Crossmatch (United States), M2SYS Technology (United States), NEC Corporation (Japan), Safran Identity and Security (France), Aware, Inc. ( United States), BIO-Key International, Inc. (United States), Fulcrum Biometrics LLC (United States) and HID Global Corporation (United States) among others.

The segments covered in the global military biometrics market are as follows:

By Types

Fingerprint Recognition
Facial Recognition
Iris Recognition
Others

By Geography

North America
- S.
- Canada
- Mexico
Europe
- K.
- Germany
- France
- Italy
- Rest of Europe
Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of Asia Pacific
Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
Latin America
- Brazil
- Rest of Latin America

Table of Content :

Section 1 Preface
1.1 Report Scope & Market Segmentation
1.2 Research Highlights

Section 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Models

Section 3 Executive Summary

Section 4 Military Biometrics Market: Dynamics
4.1 Market Introduction
4.2 Market Trend
4.3 Market Drivers
4.3.1 The growing demand for facial and iris recognition in defense
4.4 Market Restraints
4.4.1 Integration, complexity and risk of breach
4.5 Market Opportunities
4.5.1 The concept of behavioral biometrics to drive the market in future
4.6 Porter’s Five Forces Analysis
4.7 Market Attractiveness Analysis
4.8 Market Share of Key Players, 2016
4.9 Global Military Biometrics Market Outlook, 2015

Section 5 Global Military Biometrics Market: By Types
5.1 Introduction
5.2 Global Military Biometrics Market Value Share Analysis, By Types
5.3 Global Military Biometrics Market Forecast By Types
5.4 Global Military Biometrics Market Analysis By Types

Section 6 North America Military Biometrics Market Analysis
6.1 Introduction
6.2 North America Military Biometrics Market Value Share Analysis, By Types
6.3 North America Military Biometrics Market Forecast, By Types
6.4 North America Military Biometrics Market Value Share Analysis, By Country
6.5 North America Military Biometrics Market Analysis, By Country
6.5.1 U.S. Military Biometrics Market, 2016 – 2025, USD Mn
6.5.2 Canada Military Biometrics Market, 2016 – 2025, USD Mn
6.5.3 Mexico Military Biometrics Market, 2016 – 2025, USD Mn

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