Global EEG and ECG Biometrics Market 2016-2020
Published: Apr 2016 | Pages: 55 | SKU: IRTNTR8960 |
Overview of the global EEG and ECG biometrics market
Technavio’s market research analyst predicts that the global EEG and ECG biometrics market will grow at a steady CAGR of just over 12% during the forecast period. The healthcare sector is the biggest user of EEG and ECG biometric solutions, especially for securing confidential patient information. Patient and staff identities are verified using fingerprint scanning, patient check-in, and USB devices used to store patient records. Currently, just a few healthcare facilities are using integrated biometrics and electronic health record systems.
The use of multimodal biometrics is an emerging trend in industry sectors such as banking, insurance, transportation and even financial services. Multimodal biometrics uses a combination of two or more biometric applications like fingerprint, voice, and facial recognition to secure data. This is very useful in preventing unauthorized access to databases at different installations and even mobile devices. Online and offline applications are kept secure, and organizations are assured of accurate results. This technology is being used even at airports to restrict sensitive areas only to authorized personnel.
End-user segmentation and analysis of the EEG and ECG biometrics market
- Healthcare
- Government
The healthcare segment is the biggest user of biometrics technology and is expected to grow at a CAGR of close to 13% by the end of the forecast period. EEG and ECG technologies were used mostly to study a patient’s brain activity and heart rhythm so that their mental and physical health could be assessed. Rehab programs are designed based on these reports.
Geographical segmentation and analysis of the EEG and ECG biometrics market
- Americas
- APAC
- Europe
The Americas dominate the EEG and ECG biometrics market and are expected to generate revenues of close to USD 22 million during the forecast period. Increased awareness of the benefits offered by biometrics has led to the adoption not only in healthcare but other industry segments as well.
Competitive landscape and key vendors
Currently, the global EEG and ECG biometrics market have just a few major suppliers. As a result of the rising need for security, many new vendors are entering the market and working on providing solutions to meet market needs. Large vendors dominate as they have larger operational capacity and established customer bases. A lot of small vendors are being taken over by bigger companies in a bid to expand portfolios.
Key vendors in the market are -
- iMotions
- NeuroKai
- NeuroSky
Other vendors in the market include B-Secur, Interactive Video Productions, Nymi, and Pinnacle Technology.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global EEG and ECG biometrics market?
- What are the key market trends impacting the growth of the global EEG and ECG biometrics market?
- What are the challenges to market growth?
- Who are the key vendors in the global EEG and ECG biometrics market?
- What are the market opportunities and threats faced by the vendors in the global EEG and ECG biometrics market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global EEG and ECG biometrics market?
Technavio also offers customization on reports based on specific client requirement.
Related reports
- Emerging Biometrics Technologies: Global Industry Analysis 2015-2019
- Global Biometric in Workforce Management 2015-2019
- Global Biometric Access Control Systems Market 2015-2019
- Global Law Enforcement Biometrics Market 2015-2019
- Global Biometrics Monitoring Systems Market 2015-2019
- Global Biometrics as a Service Market 2016-2020
EEG/ECG biometrics technology analyses the brain signals and cardiac rhythm of an individual to be used for identity verification and protect against spoof attacks and hackers. Moreover, these biometric technologies are highly confidential and cannot be forged.
The report, global EEG and ECG biometrics market, is part of Technavio’s ICT research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as automatic identification system, cloud computing, data center, enterprise application, IT security, ITO and BPO, and product lifecycle management. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.
Table of Contents
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Biometrics market overview
- EEG and ECG biometrics
- Comparison of emerging biometric technologies
- Deployment models
- Market size and forecast
- EEG and ECG biometrics as a segment of emerging biometric technologies market
PART 06: Life cycle analysis
- Life cycle analysis of biometric technologies
PART 07: Market segmentation by end-user
- Global EEG and ECG biometrics market by end-user
PART 08: Market segmentation by region
- Segmentation of global EEG and ECG biometrics market by region
- Global EEG and ECG biometrics market by region 2015-2020
PART 09: Key leading countries
- US
- UK
- Japan
PART 10: Buying criteria
- Cost
- Security
- Interoperability
- Scalability
PART 11: Market drivers
- High adoption in healthcare sector
- Increased R&D spending by EEG and ECG vendors
- High adoption in sports and gaming sectors
- Evolution of cloud-based biometrics
PART 12: Impact of drivers
PART 13: Market challenges
- High cost of EEG and ECG biometric systems
- Strong competition from non-biometric substitutes
- Vulnerability of biometric systems
- Security and privacy concerns
PART 14: Impact of drivers and challenges
PART 15: Market trends
- Increasing need for advanced security in government sector
- Emergence of multimodal biometrics
- Increasing number of vendors entering the market
PART 16: Five forces model
PART 17: Vendor landscape
- Competitive scenario
- Vendor matrix
PART 18: Vendor description and product offerings
- iMotions
- NeuroKai
- NeuroSky
- Other prominent vendors
PART 19: Appendix
- List of abbreviations
PART 20: Explore Technavio
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.
INFORMATION 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
DATA 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
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- 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?
Why should you prefer Technavio's market insights report?
- 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