Global Market for Silicon-Based Fingerprint Sensors to Reach $255
Million by 2018; Total Biometrics Market Expected to register
$16.47 Billion by 2017
FARMINGTON, Conn., Nov. 15, 2012 /PRNewswire-iReach/ -- Despite the
popular perception that the security Industry is one of the most
recession resilient industries worldwide, capable of providing a
positive rate of return to an economy's GDP, the global biometrics
market ironically showed signs of weakening during the midst of
steady deterioration in business climate between 2007 and 2009.
However, as technological advancements and proliferation of
internet applications, such as social networks, drive the role of
fingerprint authentication, particularly in wireless devices, the
biometrics market is expected to rebound to generate $16.47 billion by 2017.
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Global Information Inc (GII) presents two excellent market
research reports covering the global markets for biometrics and
silicon-based fingerprint sensors from our premium research
partner, Global Industry Analysts, Inc.
Silicon-based Fingerprint Sensors
The global market for silicon-based fingerprint sensors is
projected to reach $255 million by
2018. Major players in this market include Atmel Corporation,
AuthenTec Inc., Fingerprint Cards AB, Fujitsu Limited, Hangzhou
Synochip Technologies Co. Ltd., IDEX ASA, Jiangsu Winch Corp. Ltd.,
Validity Sensors Inc., among others.
Growth in social networks such as LinkedIn, Twitter, MySpace,
and Facebook is increasing the demand for a user-friendly and
secure mechanism for managing the usersÂ' digital identity.
Silicon-based fingerprint sensors are expected to hold significant
potential in maintaining digital identities in cloud-based
computing infrastructure. In the coming years, more services are
expected to be accessed and aggregated via personalization and
authentication events using sensors. Users are expected to
increasingly use services such as Microsoft Live ID, Twitter API,
OpenID, Facebook Connect, and Google ID for securely connecting the
user to their personal accounts and other websites on the
Internet.
Asia-Pacific represents the
largest regional market in terms of value sales. Japan is projected to be the fastest growing
market with a CAGR of about 19.1% over the analysis period, closely
followed by the Asia-Pacific
region. Localization of software is expected to drive growth in
European and Asian regions, particularly in high growth markets
such as China. Advanced swipe
sensors, due to its lower form factor, are expected to be employed
increasingly in devices such as mobile phones, laptops, and tablets
PCs, among others. The ongoing advancements, mostly directed
towards miniaturization of sensors, have resulted in lowering of
production costs as well as enabling the application of sensors in
a wider range of devices. Fingerprint technology is expected to
remain as a market leader in the coming years mainly due to
ease-of-use and cost factor.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go248903-silicon-based-fingerprint-sensors.html
Biometrics
Driven primarily by increasing threat of terrorist attacks and
subsequent need for efficient identification technologies, the
global market for biometrics is projected to register $16.47
billion by 2017.
The US remains the largest regional market for biometrics.
Asia-Pacific represents one of the
fastest growing regional markets for biometrics, with dollar sales
from the region waxing at a CAGR of about 23.8% over the analysis
period. Characterized by burgeoning economies, increase in foreign
investments, rise in business formation activities, presence of
large relatively untapped private security markets and increase in
crime rates, Asia-Pacific and
Latin America have been witnessing
increased adoption of security systems, particularly latest
biometric technologies like iris scans, facial recognition.
Iris/Retinal Scan market is the fastest growing segment, by
technology, with dollar sales waxing at a CAGR of about 25.9% over
the analysis period.
Major players in the marketplace include 3M Corporation, AcSys
Biometrics Corp., AuthenTec, Inc., BIO-key International, Inc.,
SecureTouch Retail Systems, Biometric Security Limited,
Communication Intelligence Corporation, Ivrnet, DigitalPersona,
Inc., Fujitsu Limited, i2 Inc., Imprivata, RCG Holdings Limited,
SAFRAN Group, Morpho, SecuGen Corporation, NEC Corporation of
America, Precise Biometrics AB, Sensory Inc., Atos Origin S.A.,
TSSI Systems Ltd., ZK Software, among others.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go225186-biometrics.html
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