Market Research Reports, Inc. has announced the addition of “Global Biometric in Workforce Management 2015-2019” research report to their offering. See more at- http://mrr.cm/oBJ
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Introduction to Report
Launch Date: November 25, 2015
Number of Pages: 81
Geography Coverage: Global
Available Format: PDF
Price For Single User License: USD 2,500
Price For Site User License: USD 4,000
Price For Global User License: USD 10,000
Delivery Time: Within 24 Hours (During Working Days)
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About the Report
The market research analysts predict the global biometric
workforce management to record a CAGR of more than
17% from 2015 to 2019.
The report considers revenues generated from the sales
of biometric solutions, including hardware, software,
integrated solutions, and services used by enterprises and
government organizations to authenticate and monitor
employees.
Authentication implies identification and access control
for premises and system networks while monitoring
includes surveillance, time, and attendance.
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Key Highlights:
The market is mainly driven by the need for
organizations to adopt biometric workforce management
to replace traditional security systems.
These include PINs, ID cards, passwords, and keys that
are traditionally used to record clock in and clock out.
Biometric access control systems restricts unauthorized
access, thus ensuring safety of employees and mitigating
the risk of tampering important data. People are granted
access only when their identity is confirmed by the
information stored in the database of the enterprise.
Access control is the fastest growing segment, predicted
to reach a market size of more than USD 5.5 billion during
the forecast period.
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Key Highlights Continues…
Fingerprint identification accounts for the largest share
of this market. Fingerprint technology is the oldest
biometric technique, mostly used by organizations
worldwide for time and attendance monitoring, and
access control.
As its accuracy rate is relatively higher, this segment will
continue to sustain growth during the forecast period.
The market share of the North America region is
expected to decline by the end of 2019.
During the same period, the market share of APAC is
estimated to increase on account of high adoption in
countries such as China and India.
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Key Highlights Continues…
The Europe market will witness higher adoption from
Nordic countries such as Denmark and Norway as
compared to the UK during the forecast period.
Vendors in this market are expected to launch
multimodal biometrics for time and attendance with
combinations such as inbuilt fingerprint as well as finger
vein recognition systems within a single device.
As multi-modal biometric system saves cost, its demand
among end-user industries such as construction will pose
an attractive opportunity for the market vendors over the
next four years.
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Key questions answered in the report include:
What are the key factors driving the biometric market in
workforce management
What are the key market trends impacting the growth of
the biometric market in workforce management
What are the various opportunities and threats faced by
the vendors in the biometric market in workforce
management
Trending factors influencing the market shares for MEA,
Latin America, APAC, Europe, and North America
Key outcome of the five forces analysis on the biometric
market in workforce management
Growth forecast of the biometric market in workforce
management until 2019
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Report Coverage:
1. Executive summary
2. Scope of the report
3. Market research methodology
4. Introduction
5. Market landscape
6. Market segmentation by application
7. Market segmentation by technology
8. Market segmentation by end-user
9. Geographical segmentation
10. Key market developments
11. Market growth inhibitors
12. Market trends and opportunities
13. Vendor landscape
14. Appendix
For more details regarding Report coverage see the last slide
All logos and Images mentioned on this slide belong to their respective owners.
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Company Coverage: (Partial List)
1. Bio Enable
2. 3M
3. M2SYS Technology
4. Safran
5. Suprema
6. ATS
7. BioLink Solutions
8. Biometric Time Clock Systems
9. Biomatiques Identification Solution
10. BioSITE Systems
11. Delaney Secure
12. Easy Clocking
For more details regarding Company coverage see the last slide
All logos and Images mentioned on this slide belong to their respective owners.
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