Global Biometrics Market in Retail Sector market, Key Trends, Application Analysis, Regional Outlook & Forecasts to 2016
Biometrics has emerged as a suitable security and monitoring solution to meet this need and is based on the behavioral and physiological characteristics of an individual, which are difficult to replicate. Biometrics in the retail sector is seen as the most accurate and reliable system because it eliminates manual input, identity card exchange, and time theft.
Biometrics include the authentication of an individual by evaluating one or more unique biological traits, such as voice recognition, hand geometry, fingerprint identification, facial recognition, iris recognition, and vein recognition.
Technavio's analysts forecast the global biometrics market in the retail sector to grow at a CAGR of 21.30% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global biometrics market in the retail sector for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.
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Key questions answered in this reports
What will the market size be in 2020 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?
Table Of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
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Research methodology
Economic indicators
PART 04: Introduction
Key market...