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(IT-NEWSWIRE.COM, February 26, 2018 ) Biometrics involves the authentication and identification of an individual on the basis of one or more unique biological traits such as fingerprint, facial, iris, voice, and vein recognition. Furthermore, biometric technologies are considered to be more reliable when compared with authentication via numeric codes and physical devices.
Publisher's analysts forecast the global fingerprint biometrics market to grow at a CAGR of 11.78% during the period 2017-2021.
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The increasing adoption of fingerprint biometrics in the healthcaresector is one of the key factors will drive the growth of this market. The adoption of fingerprint biometrics is increasing since it provides end-to-end electronic processes to offer customer convenience and compliance with security regulations such as HIPAA. Innovators are coming up with a number of apps for electronic diagnosis, prescribing, treatment, practice management, coding, and billing. These mobile apps are integrated with fingerprint biometrics to prevent unauthorized access to patient records. The adoption of fingerprint biometricswill continue to increase during the next four years since they prevent fraudulence, improve healthcare safety, and maintains time and attendance record.
Key vendors - Gemalto - BIO-key International - Crossmatch - HID Global - M2SYS Technology - NEC - OT-Morpho
Other prominent vendors - Anviz Global - BioEnable - BioLink Solutions - DERMALOG Identification Systems - Diamond Fortress Technologies - Fingerprint Cards - FingerCheck - Fulcrum Biometrics - Futronic Technology Company
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Market driver - Increase in cybercrime
Market challenge - High scope for inaccuracies
Market trend - Evolution of multimodal biometrics
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
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