|By Business Wire||
|September 1, 2014 07:33 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/k27343/law_enforcement) has announced the addition of the "Law Enforcement Biometrics Market in North America 2014-2018" report to their offering.
The Law Enforcement Biometrics market in North America to grow at a CAGR of 18.2% during the period 2013-2018
Biometrics is a technology that helps to assess individuals on the basis of their physical or behavioral patterns. It involves the verification and identification of both physiological traits such as fingerprints, face recognition, DNA, palm print, hand geometry, and iris recognition, and behavioral traits such as keystroke patterns and speech pattern/voice recognition. The data derived are then used for security and authentication purposes, as it is difficult to forge biometric data. Biometrics is mainly used for law enforcement, banking authentication, and providing physical access. It helps provide an extra layer of security for data access and individual identification.
One major emerging trend in the market is the integration of biometrics with smart cards. The integration of biometrics with smart cards for projects such as an upgrade of a driving license and passport is supporting market growth. Also, biometrics is being used as a stand-alone authentication solution for various purposes.
According to the report, one of the major drivers in the market is the strong US economy. Being the largest economy in the world and one of the major exporters of arms and ammunitions, the US is financially strong. Therefore, the availability of abundant revenue enables it to make significant investments in the Biometrics Security sector.
Further, the report states that one of the major challenges for the market is strong competition from inexpensive non-biometrics technologies such as swipe cards, token-based two-factor authentication, and software authentication.
In terms of technology, the Law Enforcement Biometrics market in North America is segmented into the following:
- Fingerprint Recognition
- Facial Recognition
- Signature Recognition
- Iris Recognition
- Voice Recognition
Key Questions Answered in this Report
- What will the market size be in 2018 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?
Key Market Drivers/Challenges/Trends
- Increased Investments Led by a Strong Economy
- Availability of Inexpensive Non-biometric Technologies
- Integration of Biometrics in Smart Cards
- 3M Cogent
- Cross Match Technologies
Other Prominent Vendors
- Accurate Biometrics
- BIO-Key International
- Green Bit Americas
- Motorola Solutions USA
For more information visit http://www.researchandmarkets.com/research/k27343/law_enforcement
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