About Biometrics
Biometrics has emerged as a suitable security and monitoring solution to meet this need and is based on the behavioral and physiological characteristics of an individual, which are difficult to replicate. Biometrics in the retail sector is seen as the most accurate and reliable system because it eliminates manual input, identity card exchange, and time theft.
Biometrics include the authentication of an individual by evaluating one or more unique biological traits, such as voice recognition, hand geometry, fingerprint identification, facial recognition, iris recognition, and vein recognition.
Technavios analysts forecast the global biometrics market in the retail sector to grow at a CAGR of 21.30% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global biometrics market in the retail sector for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.
The market is divided into the following segments based on technology:
Fingerprint identification
Facial recognition
Hand geometry
Vein recognition
Technavios report, Global Biometrics Market in Retail Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Crossmatch Technologies
Honeywell Security
M2SYS Technology
NEC
Safran
Suprema
Other prominent vendors
Allegion
Ayonix
BIO-key
Biometric Time Clock Systems
Cognitec Systems
eSSL Security
ePortID
FingerCheck
FUJITSU
Herta Security
TimeLabs
Trac-Tech
Tyco.
Market driver
Emergence of contactless biometrics
For a full, detailed list, view our report
Market challenge
Security concerns
For a full, detailed list, view our report
Market trend
Incorporation of biometric workforce management systems at retail stores
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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
Working of biometrics
Biometric technologies used in retail sector
Applications of biometrics in retail sector
Advantages and disadvantages of biometrics in retail sector
PART 06: Market landscape
Market overview
Product life cycle of biometric technologies in retail sector
Share of retail sector in the global biometrics market
Global biometrics market in retail sector
Five forces analysis
PART 07: Market segmentation by technology
Global biometrics market in retail sector by technology 2015-2020
Global fingerprint identification market in retail sector
Global facial recognition market in retail sector
Global hand geometry recognition market in retail sector
Global vein recognition market in retail sector
PART 08: Geographical segmentation
Segmentation of global biometric market in retail sector by geography 2015-2020
Segmentation of global biometrics market in retail sector by geography 2015-2020 (revenue)
PART 09: Market developments
PART 10: Market trends and opportunities
PART 11: Market inhibitors
PART 12: Vendor dynamics
Vendors matrix
Description of major vendors
Vendor news updates
Other prominent vendors
PART 13: Key vendor analysis
Crossmatch Technologies
Honeywell Security
M2SYS Technology
NEC
Safran
Suprema
PART 14: Appendix
List of abbreviations
PART 15: Explore Technavio
List of Exhibits
Exhibit 01: Working of biometrics
Exhibit 02: Overview of global biometrics market in retail sector
Exhibit 03: Product life cycle of biometric technologies used in retail sector
Exhibit 04: Share of retail sector in the global biometrics market 2014-2019
Exhibit 05: Global biometrics market in retail sector 2015-2020 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global biometrics market in retail sector by technology 2015-2020
Exhibit 08: Global fingerprint identification market in retail sector 2015-2020 ($ millions)
Exhibit 09: Global facial recognition market in retail sector 2015-2020 ($ millions)
Exhibit 10: Global hand geometry recognition market in retail sector 2015-2020 ($ millions)
Exhibit 11: Global vein recognition market in retail sector 2015-2020 ($ millions)
Exhibit 12: Segmentation of global biometrics market in retail sector by geography 2015-2020
Exhibit 13: Segmentation of global biometrics market in retail sector by geography 2014-2019 ($ millions)
Exhibit 14: Crossmatch: Products and solutions
Exhibit 15: Honeywell Security: Product segmentation
Exhibit 16: M2SYS Technology: Key solutions
Exhibit 17: NEC: Business segmentation by revenue 2015
Exhibit 18: NEC: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 19: NEC: Geographical Segmentation by Revenue 2015
Exhibit 20: Safran: Business segmentation by revenue 2014
Exhibit 21: Safran: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 22: Safran: Geographical segmentation by revenue 2014
Exhibit 23: Suprema: Product segmentation
Exhibit 24: Suprema: Geographical Segmentation by revenue 2014
