0

Biometrics Market in BRIC Countries 2015-2019

  • Published: Sep 2015
  • Pages: 118
  • SKU: IRTNTR6873
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Overview of the biometric market in BRIC

Biometrics based authentication is being considered as a reliable security solution for different industry verticals since it is difficult to forge. Sectors such as government, BFSI, transportation, healthcare, and retail are implementing biometrics-based technology to prevent scams in online banking, check illegal immigration, enable motor vehicle access, etc. The biometric market in BRIC countries is predicted to grow at a CAGR of around 23% during the forecast period.

Countries like China and India are seeing an increase in implementation of biometrics based technologies in the government and banking sectors. The report predicts that voice recognition would witness an increase in adoption over the next two years specifically for mobile banking since it does not require any hardware investment. For instance, JPMorgan Chase uses voice recognition technology to identify fraudsters.

Segmentation of the biometric market in BRIC by end users

  • Government
  • Transportation
  • BFSI
  • Healthcare
  • Retail

The market share of the government sector in Brazil is expected to see a decline during the forecast period due to market maturity, while the other sectors such as transportation, healthcare, BFSI, and retail are expected to grow during the forecast period.

The government sector of the biometrics market in Russia is predicted to reach $233 million by the end of 2019. The transportation sector would see a high growth during the forecast period. The rise in the number of thefts in transportation in Russia, especially at seaports, is expected to increase the demand for biometrics in this sector.

Segmentation of the biometric market in BRIC by technology

  • Fingerprint
  • Facial
  • Iris
  • Voice
  • Vein
  • Others

The fingerprint biometrics technology accounted for the largest market share of around 63% in China during 2014. According to the report, this segment is expected to witness the fastest growth in the Chinese market during the forecast period.

In India, the fingerprint biometrics technology is expected to dominate the market during the forecast period. The primary driver for the growth of the fingerprint segment is its low cost compared to other biometric technologies. The iris biometric technology is also seeing an increased adoption in India especially in the government and BFSI sectors.

Vendor landscape of the biometric market in BRIC countries

Some of the technologies offered by the vendors in the biometric market include hand geometry and recognition of fingerprint, facial features, iris, finger vein, palm vein, and voice.

The leading vendors in the market include: -

  • Crossmatch
  • HID Global
  • 3M Cogent
  • NEC
  • Safran

Other prominent vendors in the market are Beijing IrisKing, BioEnable, BioLink, eSSL Security, Fujitsu, 4G Identity, Hitachi, Honeywell, SUPREMA, and ZK.

Other sections of the report include an analysis of the following

  • Growth forecast for the key segments of the biometric market in BRIC countries
  • Five forces analysis of the biometric market in BRIC countries
  • Key factors driving the biometric market in BRIC countries
  • Market trends impacting the growth of the biometric market
  • Opportunities and threats faced by the vendors in the biometric market in BRIC countries

Related reports:

PART 01: Executive summary       
Highlights           
PART 02: Scope of the report      
Market overview            
PART 03: Market research methodology 
Research methodology
Economic indicators       
PART 04: Introduction      
Key market highlights   
PART 05: Market description     
Applications of biometrics           
Advantages and disadvantages of biometrics     
PART 06: Key developments         
Emergence of biometrics in the cloud    
Development of industry specific biometric solutions    
Introduction of mobile biometrics for law enforcement
PART 07: Market landscape           
Market overview           
Biometrics market in BRIC countries       
Five forces analysis      
PART 08: Country landscape: Brazil            
Biometrics market in Brazil          
Product life cycle analysis            
Biometrics market in Brazil by end-user segmentation   
Biometrics market in Brazil in government sector             
Biometrics market in Brazil in transportation sector         
Biometrics market in Brazil in BFSI sector              
Biometrics Market in Brazil in healthcare Sector
Biometrics market in Brazil in retail sector            
Biometrics market in Brazil by technology segmentation               
Fingerprint biometrics market in Brazil  
Iris biometrics market in Brazil   
Hand geometry biometrics market in Brazil         
Facial biometrics market in Brazil              
Voice biometrics market in Brazil             
PART 09: Country landscape: Russia          
Biometrics market in Russia        
Product life cycle analysis            
Biometric market in Russia by end-user segmentation   
Biometrics market in Russia in government sector           
Biometrics market in Russia in transportation sector       
Biometrics market in Russia in BFSI sector            
Biometrics market in Russia in healthcare sector               
Biometrics market in Russia in retail sector          
Biometric market in Russia by technology segmentation               
Fingerprint biometrics market in Russia
Facial biometrics market in Russia            
Voice biometrics market in Russia           
Iris biometrics market in Russia 
Vein biometrics market in Russia             
PART 10: Country landscape: India             
Biometrics market in India          
Product life cycle analysis            
Biometrics market in India by end-user segmentation   
Biometrics market in India in government sector              
Biometrics market in India in BFSI sector              
Biometrics market in India in healthcare sector 
Biometrics market in India in transportation sector          
Biometrics market in India in retail sector             
Biometrics market in India by technology segmentation
Fingerprint biometrics market in India   
Facial biometrics market in India              
Iris biometrics market in India   
Voice biometrics market in India              
Vein biometrics market in India
PART 11: Country landscape: China            
Biometrics market in China         
Product life cycle analysis            
Biometrics market in China by end-user segmentation  
Biometrics market in China in government sector            
Biometrics market in China in BFSI sector             
Biometrics market in China in transportation sector        
Biometrics market in China in healthcare sector
Biometrics market in China in retail sector           
Biometrics market in China by technology segmentation              
Fingerprint biometrics market in China  
Facial biometrics market in China             
Iris biometrics market in China  
Voice biometrics market in China             
Vein biometrics market in China               
PART 12: Market trends and opportunities            
PART 13: Factors inhibiting the growth of the market        
PART 14: Vendor landscape          
Key vendors matrix        
Key vendor's description             
Vendor's news updates               
PART 15: Other prominent vendors           
PART 16: Key vendor analysis       
Crossmatch       
HID Global          
3M Cogent         
NEC       
Safran  
PART 17: Appendix           
List of abbreviation        

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>