Fingerprint Biometrics Market Growth with top key vendors like Anviz Global, FUJITSU, Fingerprint Cards AB

Nov 05 2019 / By Absolute Markets Insights

The Global Fingerprint Biometrics Market is predicted to reach to US$ 6.51 Bn in 2022, due to Increasing Demand for Identification and Authentication to Maintain Access Control of Individuals

The technology presents several advantages such as high level of security in the private, public, and commercial sectors. It records unique human characteristics, such as retina, fingerprints, DNA, and voice patterns, for authorization. Furthermore, the market is gaining traction owing to spiraling use of the technology across several verticals in different sectors for enhancing security.

With biometrics technology, there are reduced frauds and security breaches as compared to traditional methods such as use of tokens and passwords. A biometrics system uses a reader, related software, and a database to compare, thus providing a high degree of accuracy and security. In addition, increasing adoption of the technology in the e-commerce industry for secure payments is expected to propel the market during the forecast period.

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The advent of advanced information and communication technologies have imparted the development of inexpensive fingerprint sensors. Unlike the traditional access control systems such as passwords or magnetic strip cards, the finger print biometrics has enabled reduce security threats and fraudulent incidences. The increase in these security risks has mandated that organizations revisit their strategies related to these risks and deploy fingerprint biometric solutions in their system. Fingerprint sensor is a device that has been harnessed in the development of effective and accurate access control solutions. They help organizations to identify valid users and take appropriate security measures. The recent developments in fingerprint biometrics has propelled the growth of fingerprint biometrics market globally.

Key players operating in the Fingerprint Biometrics market are Anviz Global, FUJITSU, Fingerprint Cards AB, Fulcrum Biometrics, LLC., Gemalto NV, Idex ASA, NEC Corporation, Precise Biometrics, Inc., Synaptics Incorporated and Samsung Electronics Co., Ltd. amongst others.

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  • Fingerprint Biometrics Market - By Technology:
    • AFIS Technology
    • Non-AFIS technology
  • Market By Type:
    • Single Finger
    • Multi Finger
  • Market By Application:
    • Civil
    • Criminal
  • Market By End User:
    • Government
    • Transit
    • Healthcare
    • BFSI
    • Others
  • Market By Region:
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • France
      • The UK
      • Spain
      • Germany
      • Italy
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia
      • Rest of Asia Pacific
    • Middle East and Africa
      • GCC Countries
      • Southern Africa
      • Rest of Middle East and Africa
    • Latin America
      • Brazil
      • Rest of Latin America
Buy This Premium Report@ The cost analysis of global Fingerprint Biometrics market took into account manufacturing costs, labor costs, raw materials and market concentration, suppliers and price trends. Other factors such as supply chains, downstream buyers, and sourcing strategies were evaluated to provide a complete and in-depth view of the market. Report buyers are exposed to market positioning studies that take into account global 3D printing and pricing strategies for target audiences, training, and strategies. Using SWOT analysis to gather and study all the information, you can see the competitive environment vividly in global Fingerprint Biometrics market. Openings for future market developments were revealed and likewise had a competitive advantage. Taking into account the drift and propensity of this market, it shows that the strategic direction is good. Understand your market base and understand your market data using standards, methodologies, and other driving market trends determined for reference. For more information ask our experts@ About Absolute Markets Insights: Contact Us: Company: Absolute Markets Insights Contact Name: Shreyas Tanna Phone: +91-740-024-2424 Email id: Website: