Tuesday 27 October 2015, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Global Fingerprint Biometrics Market: 3M, Apple, Bio-key, M2SYS Technology, and NEC.
Other Prominent Vendors in the market are: BioEnable, BioLink Solutions, Dermalog Identification, Diamond Fortress, Fingerprint cards, Fujitsu, Fulcrum Biometrics, IDEX ASA, ImageWare, Precise, Samsung, and Suprema.
Commenting on the report, an analyst said: “Since the Olympics in 2016 will be held in Brazil, the government is spending heavily in fingerprint biometric technologies to safeguard athletes and premises.”
According to the report, many small vendors that operate in niche markets are entering the fingerprint biometrics market to leverage its highly fragmented nature, and it is resulting in increased M&A.
Further, the report states, accuracy issues in fingerprint biometrics can cause false rejection, thereby posing a key threat to this market’s growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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