Biometrics Market: key vendors, Trends, Application, Technology and Function.

Across the world, people, governments, agencies and businesses are more and more sensible when it comes to enhanced security anywhere and anytime. The trend is logic in our digital age where data is a new oil. 

According to Research and Markets, the next generation biometrics market is expected to reach $24.4 Billion by 2020, at a CAGR of 17.9% between 2015 and 2020. 

Technologies include: face recognition, fingerprint recognition, iris recognition, palm print/hand recognition, hand geometry recognition, voice recognition, signature recognition, DNA recognition, vein recognition, and others. 

When it comes to functions, we have contact and non-contact biometrics technologies; while Applications include:  government, military & defense, healthcare, banking & finance, consumer electronics, travel & immigration, security, and others. 

Major companies involved in the biometrics market, include:  

- Bio-Key International, Inc.

- Cross Match Technologies

- Fujitsu Ltd.

- Fulcrum Biometrics

- NEC Corporation

- Precise Biometrics Ab

- Safran SA

- Secunet Security Networks Ag

- Suprema Inc.

- Thales SA

- 3M Cogent, Inc.