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.
(Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO )
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 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
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets