Global Biometrics In-Depth Industrial and Market studies in BFSI Sector 2016-2020
Albany, New York, Jan 18,2017
"Global
Biometrics Market in BFSI Sector 2016-2020"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Security
of data and financial assets have been a key concern for banks as
well as for customers. Numeric keypads, keys, and identity badges
were widely used to prevent unauthorized access to data and premises.
With technological advancements, two-factor authentication was
introduced, where individuals could gain access to secure premises
after they are authenticated twice, via hardware devices and numeric
codes. However, hackers can gain access to hardware devices and
obtain numeric codes, which increases the security risks, especially
in the BFSI sector.
*
Technavios analysts forecast the global biometrics market in BSFI
sector to grow at a CAGR of 20% 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 BSFI sector for 2016-2020. To calculate
the market size, the report considers the revenue generated from the
sales of biometric solutions in the BFSI sector, including insurance
companies to mitigate insurance claim frauds.
–
The
market is divided into the following segments based on geography:
APAC
Europe
MEA
North
America
South
America
Technavio's
report, Global Biometrics Market in BSFI 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
Cross
Match Technologies
Fujitsu
HID
Global
M2SYS
Technology
Safran
–
Other
prominent vendors
ACTAtek
BioEnable
BioID
BioLink
Solutions
Hitachi,
4G
Identity Solutions
Nuance
Communications
Suprema
–
Market
driver
Increase
in digitization of banking services
For
a full, detailed list, view our report
–
Market
challenge
High
cost of deployment restricts adoption
For
a full, detailed list, view our report
–
Market
trend
Adoption
of vein recognition in ATMs and POS terminals
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?
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