Global Biometrics Market in the Transportation Sector to Grow at 19.1% CAGR by 2019

(EMAILWIRE.COM, January 09, 2015 ) Dallas, TX -- Biometrics helps identify individuals on the basis of their physical or behavioral features. It involves verification and identification of physiological traits such as fingerprints, face recognition, DNA, palm print, hand geometry, and iris recognition, and behavioral traits such as keystroke patterns, and speech pattern/voice recognition. An identification system helps determine a person’s identity without their consent and is mostly used in surveillance applications, while a verification system helps verify a person’s identity through biometrics and is mostly used in access control applications.

Analysts forecast the Global Biometrics market in Transportation sector to grow at a CAGR of 19.1 percent over the period 2014-2019.

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Covered in this Report

This report covers the present scenario and the growth prospects of the Biometrics market in the Transportation sector for the period 2015-2019. To calculate the market size, the report considers revenue generated from sales of the following types of biometrics solutions used in the Transportation sector:

• Fingerprint recognition

• Face recognition

• Iris recognition

• Others: voice recognition, palm view recognition, hand geometry recognition, DNA analysis, retinal scan, keystroke recognition, and signature biometrics

The report also provides a detailed analysis of the following end-user sectors that use biometric solutions:

• Airports

• Railways

• Roadways

• Seaports

Global Biometrics Market in Transportation Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, North America, the APAC region, Latin America, and the MEA region; it also covers the Global Battlefield Management Systems market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

• APAC

• Europe

• Latin America

• MEA

• North America

Key Vendors

• 3M Cogent

• Cross Match Technologies

• NEC

• Safran

Other Prominent Vendors

• 4G Identity Solutions

• Animetrics

• Aware

• Cognitec

• DataCard

• DMP systems

• Fingerscan Pty

• ImageWare systems

• IRIS

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Market Driver

• Increased Demand for E-passports

Market Challenge

• Strong Competition from Inexpensive Non-biometric

Technologies

Market Trend

• Integration of Biometrics in Smart Cards

Key Questions Answered in this Report

• What will the market size be in 2019 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?

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Global Biometrics Market in the Transportation Sector to Grow at 19.1% CAGR by 2019