Military Biometrics | 7.4% CAGR from 2017 to 2025 Defense and Security Market | Growing Number of Nations Struggling with Terrorist Attacks to Drive Demand
Press Release - 23
May2018
Global
Research and Development News
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"Military
Biometrics Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2017 - 2025"
with coming years Industries Trends, projections of Global Growth,
Major key player and Case study, Review, Share, Size, Effect.
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Global Military Biometrics Market: Overview
Biometric systems 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.
– More
Clear Details get Table of
Contents_https://www.researchmoz.us/military-biometrics-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html/toc
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The
segments covered in the global military biometrics market are as
follows:
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By Types
- Fingerprint Recognition
- Facial Recognition
- Iris Recognition
- Others
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By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.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
Continue.....
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