Global Biometrics Market in Retail Sector 2016-2020 - Key Vendors are Crossmatch Technologies, Honeywell Security, M2SYS Technology, NEC, Safran & Suprema

DUBLIN, Jan. 22, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/p74whf/global_biometrics) has announced the addition of the "Global Biometrics Market in Retail Sector 2016-2020" report to their offering.

The report predicts that the global biometrics market in the retail sector will grow at a CAGR of 21.30% during the period 2016-2020.

Retail stores are increasingly turning to the implementation of biometrics workforce management systems to provide access to authorized workers and deny entry to unauthorized workers The workforce is a major expense for any organization, and in the retail sector it is imperative that the workforce is managed effectively.

According to the report, physical contact is necessary for fingerprint biometrics, requiring an employee to place a finger on the sensor. Concerns related to hygiene are increasing among individuals because of increased instances of communicable diseases, such as Ebola and swine flu. Therefore, organizations are reluctant to adopt contact biometric solutions.

Further, the report states that high cost is the major inhibitor in the adoption of biometric technologies.

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?

Key vendors:

• Crossmatch Technologies
• Honeywell Security
• M2SYS Technology
• NEC
• Safran
• Suprema

Other prominent vendors:

• Allegion
• Ayonix
• BIO-key
• Biometric Time Clock Systems
• Cognitec Systems
• eSSL Security
• ePortID
• FingerCheck
• FUJITSU
• Herta Security
• TimeLabs
• Trac-Tech
• Tyco.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market description

PART 06: Market landscape

PART 07: Market segmentation by technology

PART 08: Geographical segmentation

PART 09: Market developments

PART 10: Market trends and opportunities

PART 11: Market inhibitors

PART 12: Vendor dynamics

PART 13: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/p74whf/global_biometrics

Media Contact:

Laura Wood, +353-1-481-1716, [email protected]

SOURCE Research and Markets

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