Transparency Market Research analyst firm predicts that in the next five years, the biometric technology market will reach 23.3 billion U.S. dollars.
Recently, TransparencyMarketResearch analyst firm predicts that from 2013 to 2019, the global biometrics market will grow at an annual rate of 20.8%.
"Biometrics" technology can be understood as a technology that recognizes faces, voices, signatures, iris, fingerprints, palms or other features (such as DNA, etc.). The research report titled "Biometrics Technology Market-Global Industry Analysis, Scale, Share, Growth, Trends and Prospects" pointed out that the global biometrics market will continue to grow from 2013 to 2019.
The most widely used biometric technology is fingerprint recognition. In recent years, the decline in the cost of fingerprint sensors has greatly increased the application of this technology on smartphones and tablets.
The second place in application is the iris recognition technology of the eye. Experts predict that the market size in this field will grow at a rate of 28.6% per year. The main reason is that the iris has a very high recognition accuracy.
The field that will actively grow is also multi-modal biometric technology, which is a hybrid recognition technology that combines multiple biological characteristics of the human body.
The most widely used areas of biometric technology are transportation, logistics and border inspection. In 2012, more than 50% of the biometrics market was generated by these areas. Analysts emphasized that this growth trend will continue into 2019.
The new trend is that banks and financial systems will actively deploy biometric solutions, and it will become the fastest growing field in the biometric technology market during this period.
From the perspective of application areas, the future applications of biometrics technology also include the public sector, national defense, consumer electronics, healthcare, property protection, business security, retail, hotels, automobiles, and even computer games.
From a regional perspective, in the next five years, the most successful provider of biometric solutions will be North America, which will have a 32.1% share of the global biometric market. At the same time, the fastest-growing provider of solutions will come from the Asia-Pacific region, which is related to the positive economic development of the local area, especially India, China, Australia and Japan. In terms of growth rate, this region will surpass Europe and the United States.
From the perspective of individual biometric providers, analysts believe that companies with development potential include SafranMorpho, 3MCogent, NEC, DigitalPersona, and Accu-TimeSystems.
The best just got better. Now introducing Fume ULTRA, a new exclusive vape product with the same superior quality of the fume EXTRA, with elevated features. Now featuring 2500 puffs, generous 1100 battery, 5 percent nicotine, all compiled in the same sleek model of the FUME. Fume Ultra comes in 18 ultra smooth flavors, with effortless draw activation and ultra potent clouds.
Device Details:
Nicotine Strength: 5.0%
Battery Capacity: 1100mAh
Puff Count: 2500+ Puffs
22 Flavors
Disposable Vape Pen, Vape, Vape Kit, Fume Ultra
Shenzhen Essenvape Technology Co., Ltd. , https://www.essenvape.com