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Thwarting terrorist attacks , attempt to lower crime rates , and enforcing airport security have resulted in increased investment in the biometrics market . Government projects that have adopted the technology to include ePassports , eDriving licenses , national IDs , and border management . India , China , and Russia are driving the market by adopting the technology . China uses a biometric national ID program beginning from 2013 , which India will soon emulate .
Key end-users of the market are consumer devices , healthcare , and finance . Applications include consumer device authentication , smart phone payment systems , government IT systems , mobile banking , automated teller machines , point-of-sale transactions , and pharmacy dispensing . Healthcare sector can use it to identify frauds , investigate insurance claims , and protect patent privacy . Implementing it in e-commerce websites can guarantee secure transactions .
North America will dominate the biometrics market over the forecast period ( 2015-2021 ) on account of biometric technology being adopted by defense , justice , state , commerce , and homeland security departments in the region . Asia Pacific will exhibit a significant growth rate in the coming years . The UIDAI project in India uses face , fingerprint , and eye recognition , while Indonesia uses e-KTP electronic ID .
Prominent players of the biometrics market are Cognitec Systems , Fingerprint Cards AB , Diamond Fortress , FaceFirst , and Gemalto .
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Companies Profiled
Market Leaders NEC Safron MorphoTrak 3M / Cogent Gelamto / Avalon Biometrics Tyco M2SYS
Suprema Fujitsu
DigitalPersona Cross Match Technologies
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