Global Biometrics Market in Hospitality Sector to 2020 with 3M Cogent, Crossmatch, FUJITSU, M2SYS & NEC Dominating

02 Mar, 2016, 11:10 ET from Research and Markets

DUBLIN, March 2, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/wzwqtz/global_biometrics) has announced the addition of the "Global Biometrics Market in Hospitality Sector 2016-2020" report to their offering. 
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Global biometrics market in the hospitality sector to grow at a CAGR of around 27% 

With the increase in cases of time theft, data theft, and other criminal activities in the hospitality sector, the demand for security technologies including a highly reliable and accessible personal authentication and identification systems has increased. Biometrics has emerged as a suitable security and monitoring solution to meet this need as it is based on the behavioral and physiological characteristics of an individual, which is difficult to replicate. Biometrics in the hospitality sector is seen as the most accurate and reliable system because it eliminates manual inputs, identity card exchange, and time theft.

Biometrics in hospitality sector gives real-time information about workforce and visitors by providing complete and accurate visibility to their reporting and leaving time. It enables the hospitality sector to gain better insight into the employees work and time spent on work. Biometrics is being used in the hospitality sector for monitoring, identification, and access control. The adoption of biometrics in the hospitality sector is expected to increase during the forecast period due to the increased instances of security breaches such as terrorist attacks and bombings in the past two to three years in the hospitality sector.

Smart bracelets have begun to gain importance in travel and hospitality sectors. These bracelets enable the end-user to make a payment in an amusement park or to open a hotel room door, thereby eliminating the traditional ticket and key card systems. One of the most well-known example of a smart bracelet is Disneys MagicBand. This sensor-based wristband is an all-in-one device that allows the visitors to check-in at entrance, secure entry into theme and water parks, to unlock their hotel room, and to purchase food and souvenirs by touching the keypad of their smartphones.

According to the report, biometrics integrated into smart cards offer the advantage of offline authentication, which is beneficial for end-users present in remote locations without proper communication infrastructure. In addition, smart cards have the added advantage of storing many applications for multiple purposes. Hence, a smart card integrated with biometrics enables physical and logical access.

Further, the report states that fingerprints can be affected by factors such as cuts, dirt, and skin allergies. Fingerprint databases can also be hacked and genuine fingerprints replaced with duplicate latent fingerprints.

Technology segmentation and analysis of the biometrics market in hospitality sector

  • Fingerprint identification
  • Facial recognition
  • Vein recognition

The leading vendors in the market are 

  • 3M Cogent
  • Crossmatch
  • FUJITSU
  • M2SYS
  • NEC

The other prominent vendors of the market include  

  • ACTAtek
  • Allegion
  • ePortID
  • Herta Security
  • Iris ID
  • IriTech
  • SecurAX Tech
  • SekureID
  • TENBIO
  • Trac-Tech
  • Tyco
  • WatchGuard

Key Topics Covered: 

PART 01: Executive summary 
- Key Highlights 

PART 02: Scope of the report 
- Market overview 

PART 03: Market research methodology 
- Research methodology 
- Economic indicators 

PART 04: Introduction 
- Key market highlights 

PART 05: Market description 
- Biometric technologies in workforce management 
- Major drivers 
- Advantages and disadvantages of biometrics in workforce management 

PART 06: Market landscape 
- Market overview 
- Product life cycle of biometric technologies in workforce management 
- Global biometrics market 
- Global biometrics market in workforce management 

PART 07: Market segmentation by application 
- Segmentation of global biometrics market in workforce management by application 
- Global biometric identification market in workforce management 
- Global biometric access control market in workforce management 
- Global biometric monitoring market in workforce management 

PART 08: Market segmentation by technology 
- Segmentation of global biometrics market in workforce management by technology 
- Global fingerprint identification market in workforce management 
- Global facial recognition market in workforce management 
- Global iris recognition market in workforce management 

PART 09: Market segmentation by end-user 
- Segmentation of global biometrics market in workforce management by end-user 
- Global biometrics market in workforce management in government sector 
- Global biometrics market in workforce management in BFSI sector 
- Global biometrics market in workforce management in healthcare sector 
- Global biometrics market in workforce management in transportation sector 

PART 10: Geographical segmentation 
- Segmentation of global biometrics market in workforce management by geography 
- Global biometrics market in workforce management by geography 2014-2019 

PART 11: Key market developments 

PART 12: Market growth inhibitors 

PART 13: Market trends and opportunities 

PART 14: Vendor landscape 
- Vendors matrix 
- Description of major vendors 
- Vendor news updates 
- Other prominent vendors 

PART 15: Key vendor analysis 
- 3M Cogent 
- BioEnable 
- M2SYS Technology 
- Safran 
- Suprema 

PART 16: Appendix 

For more information visit http://www.researchandmarkets.com/research/wzwqtz/global_biometrics


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