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:
Global Biometrics Spending Market in the Government Sector 2015-2019
Biometrics Market in Middle East 2015-2019
Global Biometrics Market in BFSI Sector 2015-2019
Global Biometrics Market in the Transportation Sector 2015-2019
Global Voice Recognition Biometrics Market 2015-2019
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
List of Exhibits:
Exhibit 01: Working of biometrics
Exhibit 02: Market Structure of biometrics market in BRIC countries
Exhibit 03: Biometrics market in BRIC countries 2014-2019 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Biometrics market in Brazil 2014-2019 ($ millions)
Exhibit 06: Biometrics market in Brazil by end-user Segmentation 2014-2019
Exhibit 07: Biometrics market in Brazil in government sector 2014-2019 ($ millions)
Exhibit 08: Biometrics market in Brazil in transportation sector 2014-2019 ($ millions)
Exhibit 09: Biometrics market in Brazil in BFSI sector 2014-2019 ($ millions)
Exhibit 10: Biometrics market in Brazil in healthcare sector 2014-2019 ($ millions)
Exhibit 11: Biometrics market in Brazil in retail sector 2014-2019 ($ millions)
Exhibit 12: Biometrics market in Brazil by technology segmentation 2014-2019
Exhibit 13: Fingerprint biometrics market in Brazil 2014-2019 ($ Millions)
Exhibit 14: Iris biometrics market in Brazil 2014-2019 ($ Millions)
Exhibit 15: Hand geometry biometrics market in Brazil 2014-2019 ($ Millions)
Exhibit 16: Facial biometrics market in Brazil 2014-2019 ($ Millions)
Exhibit 17: Voice biometrics market in Brazil 2014-2019 ($ Millions)
Exhibit 18: Biometrics market in Russia 2014-2019 ($ millions)
Exhibit 19: Biometrics market in Russia by end-user segmentation 2014-2019
Exhibit 20: Biometrics market in Russia in government sector 2014-2019 ($ millions)
Exhibit 21: Biometrics market in Russia in transportation sector 2014-2019 ($ millions)
Exhibit 22: Biometrics market in Russia in BFSI sector 2014-2019 ($ millions)
Exhibit 23: Biometrics market in Russia in healthcare sector 2014-2019 ($ millions)
Exhibit 24: Biometrics market in Russia in retail sector 2014-2019 ($ millions)
Exhibit 25: Biometrics market in Russia by technology segmentation 2014-2019
Exhibit 26: Fingerprint biometrics market in Russia 2014-2019 ($ Millions)
Exhibit 27: Facial biometrics market in Russia 2014-2019 ($ Millions)
Exhibit 28: Voice biometrics market in Russia 2014-2019 ($ Millions)
Exhibit 29: Iris biometrics market in Russia 2014-2019 ($ Millions)
Exhibit 30: Vein biometrics market in Russia 2014-2019 ($ Millions)
Exhibit 31: Biometrics market in India 2014-2019 ($ millions)
Exhibit 32: Biometrics market in India by end-user segmentation 2014-2019
Exhibit 33: Biometrics market in India in government Sector 2014-2019 ($ millions)
Exhibit 34: Biometrics market in India in BFSI sector 2014-2019 ($ millions)
Exhibit 35: Biometrics market in India in healthcare sector 2014-2019 ($ millions)
Exhibit 36: Biometrics market in India in transportation sector 2014-2019 ($ millions)
Exhibit 37: Biometrics market in India in retail sector 2014-2019 ($ millions)
Exhibit 38: Biometrics market in India by technology segmentation 2014-2019
Exhibit 39: Fingerprint biometrics market in India 2014-2019 ($ millions)
Exhibit 40: Facial biometrics market in India 2014-2019 ($ millions)
Exhibit 41: Iris biometrics market in India 2014-2019 ($ millions)
Exhibit 42: Voice biometrics market in India 2014-2019 ($ millions)
Exhibit 43: Vein biometrics market in India 2014-2019 ($ millions)
Exhibit 44: Biometrics market in China 2014-2019 ($ millions)
Exhibit 45: Biometrics market in China by end-user segmentation 2014-2019
Exhibit 46: Biometrics market in China in government sector 2014-2019 ($ millions)
Exhibit 47: Biometrics market in China in BFSI sector 2014-2019 ($ millions)
Exhibit 48: Biometrics market in China in transportation sector 2014-2019 ($ millions)
Exhibit 49: Biometrics market in China in healthcare sector 2014-2019 ($ millions)
Exhibit 50: Biometrics market in China in retail sector 2014-2019 ($ millions)
Exhibit 51: Biometrics market in China by technology segmentation 2014-2019
Exhibit 52: Fingerprint biometrics market in China 2014-2019 ($ millions)
Exhibit 53: Fingerprint biometrics market in China 2014-2019 ($ millions)
Exhibit 54: Iris biometrics market in China 2014-2019 ($ millions)
Exhibit 55: Voice biometrics market in China 2014-2019 ($ millions)
Exhibit 56: Vein biometrics market in China 2014-2019 ($ millions)
