Dallas, Texas (PRWEB) December 24, 2013
Analysts forecast the Biometrics market in South East Asia and ANZ to grow at a CAGR of 15.82 percent over the period 2013-2018. One of the key factors contributing to this market growth is the high adoption of biometrics in the Government sector. The Biometrics market in South East Asia and ANZ (http://www.reportsnreports.com/reports/271958-biometrics-market-in-south-east-asia-and-anz-2014-2018.html) has also been witnessing increased mergers and acquisitions. However, the strong competition from inexpensive non-biometric technologies could pose a challenge to the growth of this market.
The Biometrics Market in South East Asia and ANZ 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the South East Asia and ANZ region; it also covers the Biometrics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are 3M Cogent Inc., Fujitsu Ltd., NEC Corp., and Safran SA.
Other vendors mentioned in the report are AOptix Technologies Inc., Aware Inc., Biometix Pty Ltd, Cross Match Technologies Inc., and Identity One Group.
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Key questions answered in this report:
1. What will the market size be in 2018 and what will the growth rate be?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
6. What are the market opportunities and threats faced by the key vendors?
7. What are the strengths and weaknesses of the key vendors?
Other Reports on Biometrics Market (http://www.reportsnreports.com/tags/biometric-market-research.html):
Biometrics: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019 (http://www.reportsnreports.com/reports/270180-biometrics-market-shares-strategies-and-forecasts-worldwide-2013-to-2019.html): The global biometrics market is at $5.2 billion in 2012 anticipated to reach $16.7 billion by 2019. Market growth is a result of demand for protection of individual information and for the needs of organization to control access to documents and to areas.
According to the study, "Biometric devices represent a major factor impacting law enforcement and border patrol markets. Governments and law enforcement agencies are leveraging biometric devices to strengthen all aspects of citizen protection. Healthcare organizations are implementing biometric systems to provide patient privacy."
India, Mexico and Russia are driving the extraordinary growth of biometric systems. China has a biometric national ID program that commenced in 2013. Computer storage of important documents has created an increasing need for biometric security systems.
Global Consumer Electronic Biometrics Market 2012-2016 (http://www.reportsnreports.com/reports/267931-global-consumer-electronic-biometrics-market-2012-2016.html): Analysts forecast the Global Consumer Electronic Biometrics market to grow at a CAGR of 40.45 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing use of personal devices for financial transactions. The Global Consumer Electronic Biometrics market has also been witnessing increasing number of mergers and acquisitions. However, the availability of inexpensive non-biometric technologies could pose a challenge to the growth of this market.
The key vendors dominating this space include 3M Cogent Inc., AuthenTec Inc., Fujitsu Ltd., and NEC Corp.
Global Palm Vein Biometrics Market 2012-2016 (http://www.reportsnreports.com/reports/267916-global-palm-vein-biometrics-market-2012-2016.html): Analysts forecast the Global Palm Vein Biometrics market to grow at a CAGR of 46.6 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need for advanced security systems. The Global Palm Vein Biometrics market has also been witnessing an increasing deployment of palm vein biometrics. However, the need for improved compatibility and standardization could pose a challenge to the growth of this market.
The key vendors dominating this space include Fujitsu Ltd., iAccess Systems Inc., and M2SYS Technology.
The other vendors mentioned in this report are Bionics Co. Ltd. and Hitachi Information and Control Solutions Ltd.
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