Welcome!

News Feed Item

Global Market for Silicon-Based Fingerprint Sensors to Reach $255 Million by 2018; Total Biometrics Market Expected to register $16.47 Billion by 2017

FARMINGTON, Conn., Nov. 15, 2012 /PRNewswire-iReach/ -- Despite the popular perception that the security Industry is one of the most recession resilient industries worldwide, capable of providing a positive rate of return to an economy's GDP, the global biometrics market ironically showed signs of weakening during the midst of steady deterioration in business climate between 2007 and 2009.  However, as technological advancements and proliferation of internet applications, such as social networks, drive the role of fingerprint authentication, particularly in wireless devices, the biometrics market is expected to rebound to generate $16.47 billion by 2017.

(Photo: http://photos.prnewswire.com/prnh/20121115/CG14478)

Global Information Inc (GII) presents two excellent market research reports covering the global markets for biometrics and silicon-based fingerprint sensors from our premium research partner, Global Industry Analysts, Inc.

Silicon-based Fingerprint Sensors

The global market for silicon-based fingerprint sensors is projected to reach $255 million by 2018. Major players in this market include Atmel Corporation, AuthenTec Inc., Fingerprint Cards AB, Fujitsu Limited, Hangzhou Synochip Technologies Co. Ltd., IDEX ASA, Jiangsu Winch Corp. Ltd., Validity Sensors Inc., among others.

Growth in social networks such as LinkedIn, Twitter, MySpace, and Facebook is increasing the demand for a user-friendly and secure mechanism for managing the usersÂ' digital identity. Silicon-based fingerprint sensors are expected to hold significant potential in maintaining digital identities in cloud-based computing infrastructure. In the coming years, more services are expected to be accessed and aggregated via personalization and authentication events using sensors. Users are expected to increasingly use services such as Microsoft Live ID, Twitter API, OpenID, Facebook Connect, and Google ID for securely connecting the user to their personal accounts and other websites on the Internet.

Asia-Pacific represents the largest regional market in terms of value sales. Japan is projected to be the fastest growing market with a CAGR of about 19.1% over the analysis period, closely followed by the Asia-Pacific region. Localization of software is expected to drive growth in European and Asian regions, particularly in high growth markets such as China. Advanced swipe sensors, due to its lower form factor, are expected to be employed increasingly in devices such as mobile phones, laptops, and tablets PCs, among others. The ongoing advancements, mostly directed towards miniaturization of sensors, have resulted in lowering of production costs as well as enabling the application of sensors in a wider range of devices. Fingerprint technology is expected to remain as a market leader in the coming years mainly due to ease-of-use and cost factor.

An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go248903-silicon-based-fingerprint-sensors.html

Biometrics

Driven primarily by increasing threat of terrorist attacks and subsequent need for efficient identification technologies, the global market for biometrics is projected to register $16.47 billion by 2017.

The US remains the largest regional market for biometrics. Asia-Pacific represents one of the fastest growing regional markets for biometrics, with dollar sales from the region waxing at a CAGR of about 23.8% over the analysis period. Characterized by burgeoning economies, increase in foreign investments, rise in business formation activities, presence of large relatively untapped private security markets and increase in crime rates, Asia-Pacific and Latin America have been witnessing increased adoption of security systems, particularly latest biometric technologies like iris scans, facial recognition. Iris/Retinal Scan market is the fastest growing segment, by technology, with dollar sales waxing at a CAGR of about 25.9% over the analysis period.

Major players in the marketplace include 3M Corporation, AcSys Biometrics Corp., AuthenTec, Inc., BIO-key International, Inc., SecureTouch Retail Systems, Biometric Security Limited, Communication Intelligence Corporation, Ivrnet, DigitalPersona, Inc., Fujitsu Limited, i2 Inc., Imprivata, RCG Holdings Limited, SAFRAN Group, Morpho, SecuGen Corporation, NEC Corporation of America, Precise Biometrics AB, Sensory Inc., Atos Origin S.A., TSSI Systems Ltd., ZK Software, among others.

An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go225186-biometrics.html

About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.

Media Contact: Jeremy Palaia, Global Information, Inc., 1-860-674-8796, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Global Information, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at 20th Cloud Expo, Chris Carter, CEO of Approyo, will discuss the basic set up and solution for an SAP solution in the cloud and what it means to the viability of your company. Chris Carter is CEO of Approyo. He works with business around the globe, to assist them in their journey to the usage of Big Data in the forms of Hadoop (Cloudera and Hortonwork's) and SAP HANA. At Approyo, we support firms who are looking for knowledge to grow through current business process, where even ...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
Addteq is one of the top 10 Platinum Atlassian Experts who specialize in DevOps, custom and continuous integration, automation, plugin development, and consulting for midsize and global firms. Addteq firmly believes that automation is essential for successful software releases. Addteq centers its products and services around this fundamentally unique approach to delivering complete software release management solutions. With a combination of Addteq's services and our extensive list of partners,...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain.
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, John Jelinek IV, a web developer at Linux Academy, will discuss why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...
"Storage is growing. All of IDC's estimates say that unstructured data is now 80% of the world's data. We provide storage systems that can actually deal with that scale of data - software-defined storage systems," stated Paul Turner, Chief Product and Marketing Officer at Cloudian, in this SYS-CON.tv interview at 17th Cloud Expo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.