Global Biometric Scan Software Market - By Platform (Microsoft Windows, Linux, MAC OS, Android), Products (Fingerprint Recognition Software, Face recognition Software, Retinal Recognition Software, Voice and Speech Recognition Software), Industry, Geography, Trends, Forecast - (2017 - 2022)
The global biometric scan software market is expected to reach USD XX.XX billion growing at a CAGR of XX.XX% by 2022 during the forecast period 2017-2022.
Biometrics is used for the identification of individuals on the basis of their behavioural and physical features. Biometric technologies like fingerprint, iris, retina and face recognition identification systems run on biometric software. The Global Biometric Scan Software Market has seen incredible growth, overcoming challenges over the past few years. The industry will grow even further mostly because of large investment from private companies in various sectors such as healthcare, construction, finance and consumer electronics.
Among the numerous software, voice and speech recognition software is witnessing significant growth and is expected to grow even further. This growth is driven by improvements in storage capacities and biometric algorithms. The phone security market is also becoming a potential place for the deployment of biometric software. Since they do not require any additional hardware other than a smartphone for the working of the software, the biometric software have a large opportunity to grow in this market. The global biometric scan software market is segmented on the basis of platform, industrial products, end user industries, and geography.
The market is segmented on the basis of various platforms on which these software work namely Microsoft Office Linux Mac OS Android. On the basis of industrial products, the market has been segmented into various biometric software like Fingerprint recognition software Face recognition software Retinal recognition software Voice and speech recognition software and many others. On the basis of end user industries, the market has been segmented into Government Consumer Electronics Healthcare Finance and Banking Transport Industry and many others.
Geographically, the market has been segmented into five major regions, namely North America Latin America Middle East and Africa Asia Pacific Europe. Key Players in the market are Apple, Fujitsu, 3M, NEC, BioEnbale Technologies, M2SYS and many others.
Published By: Mordor Intelligence
Published Date: Q1 2017