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Asia-Pacific Will Lead the Global Biometric Market

Apr 02, 2013

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Asia-Pacific region has been emerging as the fastest growing destination for biometric solution applications and development across the world. The development of biometric market in the region is accredited to programs like national-ID and e-passport. Biometric border control security is also being implemented in many countries across the region considering the fact that the cost of biometric readers are reducing. In addition, the need for issuance of biometric passports by the Asian countries to come under the U S VISA Waiver program will add to the growth in the unit shipment. Various countries in the Asia-Pacific region, such as India, Malaysia, Singapore, Korea, Japan, and China have been implementing biometric solutions in one or the other way.

According to our report, "Biometric Market Forecast to 2014", biometric, one of the world's fastest growing technologies, has revolutionized business security landscape at offices. Across the globe, government organizations as well as financial and educational institutions are benefiting from its applications. The technology uniquely identifies a person's physical and behavioral characteristics, and worldwide, governments are adopting biometric to strengthen their national security and maintain individual identity. Various Companies are also coming up with automated biometric software or systems, which help to reduce costs and offer enhanced intelligence with, automated features. On the back of these factors, the global biometric market is anticipated to grow at a CAGR of around 21% during 2012-2014.

Our report also provides detailed information about the other growing technologies and drivers, including the emergence of 3D technology as a more accurate complement or replacement to 2D, its little impact on existing processes and systems while deploying, and many more. Our in-depth analysis covers the prevalent market trends and presents the future scenario of the biometric market in different verticals, applications, and regions.

The report, "Biometric Market Forecast to 2014", covers various biometric technologies, and includes their working pattern and recent developments relating to them. The study identified that AFIS recognition currently dominates the global biometric technology market, and other tools are also gaining ground. Emerging technologies, like Gait and ear shape recognition, and keystroke dynamics, among others have also been discussed in the report along with their advantages. It was found that companies are looking for such software products which reduce time spent on integration, and biometric authentication in multi-layer security architecture would be the next big thing in network security. Such trends and drivers, which are influencing the market growth, have been elaborated in the comprehensive research report. It also includes the major biometrics initiatives that are being undertaken by various countries, and analysis and statistics regarding market size, growth, and segmentation, among others.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM383.htm

Some of our Related Reports are:

             - Global CCTV Market Forecast to 2014
             - Indian CCTV Market Analysis
             - Global Biometric Forecast to 2012

Check Related REPORTS on: http://www.rncos.com/Electronic%20Security.htm


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