Global Biometrics in BFSI Market Report 2020-2024
The global Biometrics in BFSI Market report offers a complete overview of the industry with details on the company shares, emerging trends, forecast data, in-depth analysis and an outlook of the market on a global platform. The report also focuses on market drivers, restraints, and key manufacturers. The report offers segmentation of the market and regional analysis for the forecasted period from 2020 to 2024. Additionally, this report also discusses the market growth, opportunities, challenges and the risks faced by key manufacturers and the market as a whole.
The global Biometrics in BFSI market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform. The report further highlights the market drivers, restraints and the top manufacturers at the global and regional levels. For a thorough understanding, the report also offers market segmentation and regional analysis for the forecast period from 2020 to 2024.
Get FREE Sample Report Copy @ https://www.decisiondatabases.com/contact/download-sample-33884
The BFSI sector is increasingly focusing on providing the highest level of security to their customers by reducing identity duplication. With changing consumer preferences and introduction of new payment methods, it has become imperative for banks to transform the payments and card (PCI) industry digitally. This has led to the introduction of new payment methods such as PIN cards, mobile wallets, and EMV chips. With the advances in technology, the number of frauds and forgeries are also increasing, thereby increasing the need for a solution which is difficult to duplicate. Several banks are adopting biometrics to prevent fraud and protect customer’s information from being compromised. One of the recent trends gaining significant traction in the market is the increasing adoption of vein recognition in ATMs and POS terminals. Banks and financial institutions in emerging economies like India, China, Mexico, and Brazil has readily adopting vein recognition biometrics to verify the identity of their customers. North America accounted for the largest share of the market and is likely to dominate the market until the end of 2020. Factors such as increased awareness among the organizations in the BFSI sector about the benefits of deployment of biometrics and the presence of many large financial institutions and companies in the region will contribute to this market’s growth in the region.
According to this study, over the next five years the Biometrics in BFSI market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in Biometrics in BFSI business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Biometrics in BFSI market by product type, application, key companies and key regions.
The key manufacturers covered in this report: Breakdown data in Chapter 3.
- Cross Match Technologies
- Fujitsu
- HID Global
- M2SYS
- Safran
- Others
View More about this Market @ Global Biometrics in BFSI Industry Report
This study considers the Biometrics in BFSI value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Voice Recognition
- Vein Recognition
- Facial Recognition
- Fingerprint Identification
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Door Security
- Log-In Management for PCs
- Log-In Management for ATMs
- Log-In Management for POS Terminals
- Log-In Management for Banking
This report also splits the market by region: Breakdown data in Chapters 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- .........
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Buy Complete Global Biometrics in BFSI Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-33884
Other Related Report Provide by DecisionDatabases.com is -
Global Biometrics in Education Market Growth 2019-2024
About Us:
DecisionDatabases.com is a global business research report provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles and industry databases across multiple domains.
Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.
For more details:
DecisionDatabases.com
E-Mail: [email protected]
Phone: +91 90 28 057900
Web: https://www.decisiondatabases.com/