Burgeoning Demand of Mobile Biometrics Systems Will Lead to a Healthy Biometrics Market in China by 2019: TechNavio
December 22 2014 - 12:05PM
Business Wire
The growing demand for e-passports and national ID cards has
resulted in the growth of the Biometrics Market in China,
leading to a projected CAGR of 14.8 percent from 2015-2019, says
research firm TechNavio.
About the Report
Mobile-based facial recognition biometrics, which was earlier
limited to government use, is in its nascent stage of development.
In recent years, there has been substantial growth in mobile-based
biometrics and its deployment in smartphones.
“The ubiquity of smartphones and the rise in identity thefts are
expected to drive the adoption and use of mobile-based fingerprint
recognition and face recognition systems during the forecast
period,” says Faisal Ghaus, Vice President of TechNavio.
Renowned vendors like Apple and Samsung have already introduced
some features in their products. Apple has implemented a
fingerprint reader in the iPhone 5S and Samsung has introduced face
recognition features in its smartphone models.
Additionally, smartcards integrated with biometrics are also
offering the advantage of offline authentication and are being
frequently used in remote locations. These devices are easily
installed in any part of a building without the need for network
access.
“Offline authentication does not require any database for
accessing details, as all the details are stored on the smart
cards, making it a perfect authentication option across
industries,” says Ghaus.
Key Information Covered in the Report:
- Market segmentation, size and forecast
through 2019
- Market Growth Drivers:
- Increased Demand for E-passports and
National ID Cards
- For a full detailed list, view our
report.
- Market Challenges:
- Competition from Inexpensive
Non-biometric Technologies
- For a full detailed list, view our
report.
- Market Trends:
- Emergence of Mobile Biometrics
Systems
- For a full detailed list, view our
report.
- Key Vendors:
- NEC Corp.
- Safran SA
- Suprema Inc.
- Other Prominent Vendors:
- Ayonix
- HID Global
- Hitachi
TechNavio currently has more than 3000 market research
reports on a huge range of topics, including 50+ reports on the
biometrics market:
- Biometrics Market in the APAC Region
2015-2019
If you are interested in more information, please contact our
media team at media@technavio.com.
TechNavio ResearchJes EllacottUS: +1 630 333 9501UK: +44 208 123
1770Media & Marketing
Executivemedia@technavio.comwww.technavio.com