Market Insight : Military Biometrics Market Globally Grow at a CAGR of 7.5% by 2020

ResearchMoz presents professional and in-depth study of "Global Military Biometrics Market 2016-2020".

Over the last decade, there has been an increase in the number of insurgent and criminal activities and attacks across the globe. This has prompted the governments of a majority of the countries to invest considerably in enhancing the surveillance and monitoring systems through the purchase of new biometric equipment and related technologies.

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In addition, the growing instability in certain regions has led to high migration of people from Middle Eastern countries like Syria and Iraq to EMEA and North American regions. To address the issue, defense and homeland security ministries of countries are improving their border security systems by installing new fingerprint, facial, and iris recognition systems to help identify any suspect or terrorist entering the country. Hence, the defense ministries are rapidly adopting and implementing biometrics in several areas, including identity checks during border control, drug and human trafficking, criminal investigations, and others such as jail management.

Technavios analysts forecast the global military biometrics market to grow at a CAGR of 7.5% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global military biometrics market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric systems in the military.

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

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Technavio's report, Global Military Biometrics Market 2016-2020, 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
3M Cogent
Crossmatch
M2SYS Technology
NEC
Safran

Other prominent vendors
4Gid
AGNITIO
Aware
BIO-key International
Corvus Integration
Fujitsu
Fulcrum Biometrics
Gemalto
Giesecke & Devrient
HID Global
Northrop Grumman
Precise Biometrics
Suprema
Thales

Market driver
Increasing adoption in homeland security
For a full, detailed list, view our report

Market challenge
Limitations regarding data accuracy
For a full, detailed list, view our report

Market trend
Introduction of multimodal biometrics
For a full, detailed list, view our report

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Key questions answered in this report
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?

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