Global Multi-modal Biometrics Market to Grow 15.49% by 2020 - Emergence of Multimodal Biometrics in Education Sector - Research and Markets

26 Apr, 2016, 15:25 ET from Research and Markets

DUBLIN, April 27, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Multi-modal Biometrics Market 2016-2020" report to their offering. 

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The analysts forecast the global multimodal biometrics market to grow at a CAGR of 15.49% during the period 2016-2020. 

Multimodal biometrics is being implemented in a number of sectors such as the healthcare, BFSI, transportation, automotive, and government for controlling access to secure premises and authenticating individuals. Multimodal biometrics, which is an integration of a number of biometric technologies, such as fingerprint, facial recognition, or voice recognition, can be used to prevent unauthorized access to ATMs, healthcare databases, mobile devices, and different online and offline applications.

One of the major trends affecting the market is the implementation of multimodal biometrics for controlling access to secure premises in the education sector. Educational institutions are using biometric technologies such as finger vein and fingerprint recognition to ensure authorized access to different online and offline applications. Multimodal biometrics is also being used to control unauthorized access to restricted areas such as exam control rooms and science labs. 

According to the report, with the emergence of mobile biometrics, the multi-modal biometrics market will have a positive outlook in the coming years. The increasing adoption of mobile devices across different sectors like healthcare, government, enterprises, BFSI, and transportation sectors is prompting the use of multi-modal biometrics for securing access to data on mobile devices. 

Further, the report states that the adoption of multimodal biometrics in organizations is giving rise to privacy issues. Multimodal biometrics involves the use of an individual's biometric features to gain access to confidential data and secure premises. 

Key vendors: 

  • BioID
  • IriTech
  • M2SYS
  • NEC

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 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: Life cycle analysis 

PART 08: Market opportunities and developments 

PART 09: Market segmentation by technology 

PART 10: Geographical segmentation 

PART 11: Buying criteria 

PART 12: Market challenges 

PART 13: Emerging market trends 

PART 14: Five forces model 

PART 15: Vendor landscape 

For more information visit http://www.researchandmarkets.com/research/z5zvng/global


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SOURCE Research and Markets