Global Biometrics Spending in Government Market Size, key Regions, with Production, Consumption Future and Forecast Report 2025

Albany, US, 2018-Jul-17 — /EPR Network/ —Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Biometrics Spending in Government Market Size, Status and Forecast 2025” provides an in-depth analysis of the Biometrics Spending in Government Market with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house).The research study examines the Corp Biometrics Spending in Government Market on the basis of a number of criteria, such as the product type, application, and its geographical presence. The whole supply chain of Biometrics Spending in Government Market has been explained with statistical details with a special emphasis on various upstream and downstream components. The current trends pertaining to the demand, supply, and sales of Biometrics Spending in Government Market together with the recent developments have been given here to provide an exhaustive picture of this market.

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This report studies the global Biometrics Spending in Government market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Biometrics Spending in Government market by companies, region, type and end-use industry.

Rapid technological advancements in the field of biometric recognition and identification systems along with advancements in computing and other supporting fields, fueled companies spending significantly on research and development in the biometric systems domain. Such technical accomplishments have stemmed from a strong emphasis on the application of such technologies by national governments, which have in turn resulted in a sharp decline in prices of scanning devices and associated components, in the process providing further impetus to investment in the sector.

Security of data and assets has been a key concern for enterprises, banks, government organizations, telecommunications, hospitals, as well as individuals. Keys, identity badges, and numeric keypads were previously being used to prevent unauthorised access. Technological advancements resulted in the introduction of two-factor authentication, wherein individuals could gain access to secure premises after being authenticated using two different components, such as hardware devices and numeric codes. However, hackers also could easily gain access to hardware devices and obtain numeric codes.

In 1999, biometrics was introduced to identify individual traits based on behavioural and physiological characteristics of individuals that could not be replicated easily. It includes voice recognition, palm geometry recognition, DNA identification, gait recognition, fingerprint matching, facial recognition, iris recognition, signature verification, and vein recognition. Also, biometrics are considered to be more reliable compared to physical devices and numeric codes. In addition, biometric traits cannot be lost or forgotten by an individual. Biometrics use verification and identification to authenticate an individual. Verification is a one-on-one process used to match biometric traits of an individual against a particular template. However, identification is a matching process where the biometric traits of an individual are matched against all templates in the database to determine an individual’s identity.
In 2017, the global Biometrics Spending in Government market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global top players, covered
3M Cogent
Cross Match Technologies

Market segment by Regions/Countries, this report covers
United States
Southeast Asia

Market segment by Type, the product can be split into
Fingerprint Identification
DNA Analysis
Iris Recognition
Facial Recognition
Voice Recognition

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Table of Contents

1 Industry Overview of Biometrics Spending in Government
1.1 Biometrics Spending in Government Market Overview
1.1.1 Biometrics Spending in Government Product Scope
1.1.2 Market Status and Outlook
1.2 Global Biometrics Spending in Government Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 Europe
1.2.3 China
1.2.4 Japan
1.2.5 Southeast Asia
1.2.6 India
1.3 Biometrics Spending in Government Market by Type
1.3.1 Fingerprint Identification
1.3.2 DNA Analysis
1.3.3 Iris Recognition
1.3.4 Facial Recognition
1.3.5 Voice Recognition
1.4 Biometrics Spending in Government Market by End Users/Application
1.4.1 Hardware in the Government Sector
1.4.2 Software in the Government Sector
1.4.3 Integrated Solutions in the Government Sector
1.4.4 Services in the Government Sector

2 Global Biometrics Spending in Government Competition Analysis by Players
2.1 Biometrics Spending in Government Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 3M Cogent
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Biometrics Spending in Government Revenue (Million USD) (2013-2018)
3.2 BioEnable
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Biometrics Spending in Government Revenue (Million USD) (2013-2018)

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