Biometrics Market Share | Trends & Forecast to 2021

Biometrics Market Report 2017

global biometrics market in the education sector to grow at a CAGR of 26.28% during the period 2017-2021. Biometrics systems help in identifying and verifying a person based on his/her physical or behavioral traits. A biometric system offers an advantage over the traditional bar code or ID systems - Traits of an individual, also known as biometrics factors can never be lost or stolen.

There are various biometrics solutions in the market. Some of them are iris recognition, facial recognition, fingerprint recognition, palm vein recognition, and signature recognition solutions. Among these, the fingerprinting technology holds the largest market share. The high market share is because, this system is easy to install and use, and is less expensive in comparison to other biometrics systems.

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Covered in this report

The report covers the present scenario and the growth prospects of the global biometrics market in the education sector for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• North America
• Europe
• APAC 
• ROW

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Global Biometrics Market in the Education Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• BIO-key
• BioLink Solutions
• BioStore
• Capture Innovative Solutions
• SMI Global

Other prominent vendors

• BioID Technologies
• Biometric Solution
• Fujitsu
• HID Global
• Nuance 
• Solus
• Star Link

Market driver

• Emergence of multimodal biometrics systems
• For a full, detailed list, view our report

Market challenge

• High-cost of biometrics systems/increase in total cost of ownership
• For a full, detailed list, view our report

Market trend

• Integration of biometrics in smart cards
• For a full, detailed list, view our report

Key questions answered in this report 

• What will the market size be in 2021 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?

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