Global Government Biometrics Market : Share, Growth, Size, Trends and Forecast 2017 - 2022
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  • Global Government Biometrics Market : Share, Growth, Size, Trends and Forecast 2017 - 2022

    (Transportation-News.com, September 16, 2017 ) Market Research Hub (MRH) has recently added a new report to its vast online database. This research study is titled as “Global Government Biometrics Market” 2017 which presents an in-depth study about the production, consumption, market volume, revenue (million USD) and market share across different geographical regions. Governments and law enforcement agencies are adopting numerous long term e-passport and national identity card programs, which is fuelling growth in the biometric market.

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    The US, and European nations including the UK, Germany, France, were early adopters of biometric recognition systems; however, the technology has now found a strong foothold in emerging markets such as China, India, Australia, Brazil, Saudi Arabia, and Mexico.
    Though a major portion of the biometrics market consists of fingerprint recognition and facial recognition technologies, other technologies, such as iris recognition, voice recognition, and vein recognition are also rapidly gaining importance with governments.
    Synopsis
    The Global Government Biometrics Market 2017-2027 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for biometrics, key market trends, and challenges faced by industry participants.
    Scope

    • The Global Government Biometric market will value US$4.3 billion by the end of 2017 and is expected to register a CAGR of 6.37%, to reach US$7.9 billion in 2027.
    • In terms of segments, the fingerprint recognition segment is expected to account for 36.4% of the market owing to its large scale implementation in various government projects across the globe. Fingerprint recognition segment is followed by the facial recognition segment, with a share of 31.0%. Iris/retinal identification, signature recognition, and other technologies account for 14.7%, 10.8%, and 7.0% of the total market share respectively

    Reasons to buy
    • Determine prospective investment areas based on a detailed trend analysis of the government biometrics market over the next ten years
    • Gain in-depth understanding about the underlying factors driving demand for different biometrics segments in the top spending countries across the world and identify the opportunities offered by each of them
    • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others

    • Identify the major channels that are driving the global government biometrics market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
    • Channelize resources by focusing on the ongoing programs that are being undertaken by the internal ministries of different countries within the biometrics market
    • Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top biometrics service providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available

    Browse Full Report With TOC - http://www.marketresearchhub.com/report/global-government-biometrics-market-20172027-report.html

    Table of Contents

    Executive Summary
    Global Government Biometrics Market - Overview
    Market Dynamics
    Demand Drivers: Analysis of factors that trigger spending within the segment
    Trends: Prevalent practices, industry consolidation and procurement patterns within the market
    Technological Developments: New products, processes and innovations recently inducted within the segment
    Key Challenges: Obstacles affecting segment growth
    Government Biometrics Market - Segment Analysis
    Segment Analysis: Fingerprint Recognition
    Market size and CAGR growth analysis, 2017-2027
    Change in market share, 2017-2027

    Segment Analysis: Facial Recognition
    Market size and CAGR growth analysis, 2017-2027
    Change in market share, 2017-2027
    Segment Analysis: Iris/Retinal Recognition
    Market size and CAGR growth analysis, 2017-2027
    Change in market share, 2017-2027
    Segment Analysis: Signature Recognition
    Market size and CAGR growth analysis, 2017-2027
    Change in market share, 2017-2027
    Segment Analysis: Other Technologies
    Market size and CAGR growth analysis, 2017-2027
    Change in market share, 2017-2027 Regional Review
    Defense capital expenditure
    Capex forecast, 2016- 2026

    Factors influencing military modernization programs
    Government Biometrics Market - Regional Analysis
    Regional overview
    Factors driving spending within the region
    Regional expenditure on each sub-segment , 2017-2027
    Market Size and CAGR growth analysis, 2017-2027
    Change in market share, 2017-2027
    Trend Analysis - Key Defense Markets
    Country -wise breakdown of expenditure for each region
    Sub-segment wise analysis for each country
    Major Programs for each country
    Market Size and CAGR growth analysis, 2017-2027
    Change in market share, 2017-2027
    Key Programs Analysis

    Description of key programs
    Delivery period, units and total expenditure
    Competitive Landscape Analysis
    Competitive analysis - 17 leading companies
    Major Products and Services
    Major Alliances and Recent Contracts
    Financial Analysis covering Revenue, Operating Profit and Net Profit
    Continue….

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