Thursday, 14 August 2014

Biometrics Market in North America Seeing Integration in Smart Cards Analyzes a New Report

Biometrics is a technology that helps in the identification of individuals based on their physical or behavioral features. It involves verification and identification of both physiological traits such as fingerprints, face recognition, DNA, palm print, hand geometry, and iris recognition and behavioral traits such as keystroke patterns and speech pattern/voice recognition. The technology is also used for authentication purposes. A biometrics system can be either an identification system or a verification system. In an identification system, a person’s identity is determined without their consent. Identification systems are more often used in surveillance applications. In a verification system, the biometric data is used only to verify a person’s identity. Verification systems are mostly used in access control applications.

Analysts forecast the Biometrics Market in North America to grow at a CAGR of 16.98 percent over the period 2013-2018.

Covered in this Report
This report covers the present scenario and the growth prospects of the Biometrics Market in North America for the period 2013-2018. To calculate the market size, the report considers revenue generated from the sales of biometrics solutions in the US and Canada. It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Biometrics Market in North America. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.