Global Biometric in Workforce Management 2015-2019

Published: November 2015
No. of Pages: 81
   

Research scope of the global biometric in workforce management market

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.

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.

Market segmentation of biometrics in workforce management by application

Identification

  • Access control
  • Monitoring

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.

Global biometric market in workforce management by technology

Fingerprint identification

  • Facial recognition
  • Iris recognition
  • Others

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.

Geographical segmentation of the biometric market in workforce management

MEA

  • Latin America
  • APAC
  • Europe
  • North America

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. The Europe market will witness higher adoption from Nordic countries such as Denmark and Norway as compared to the UK during the forecast period.

Competitive analysis of the biometric market in workforce management

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.

Bio Enable

  • 3M
  • M2SYS Technology
  • Safran
  • Suprema

Other prominent vendors in this market include ATS, BioLink Solutions, Biometric Time Clock Systems, Biomatiques Identification Solution, BioSITE Systems, Delaney Secure, Easy Clocking, ePortID, FingerCheck, Fujitsu, HID Global, Iris ID, IriTech, SecurAX, SekureID, Tensor, TimeLabs, and Trac-Tech.

Key questions answered in the report

  • 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

Global Biometric in Workforce Management 2015-2019

Table of Contents

PART 01: Executive summary
Highlights

PART 02: Scope of the report
Market overview

PART 03: Market research methodology
Research methodology
Economic indicators

PART 04: Introduction
Key market highlights

PART 05: Market description
Biometrics workflow
Biometric technologies used in hospitality sector
Advantages and disadvantages of biometrics in hospitality sector

PART 06: Key market developments

PART 07: Market landscape
Market overview
Product life cycle of biometric technologies in hospitality sector
Global biometrics market in hospitality sector
Five forces analysis

PART 08: Market segmentation by technology
Global biometrics market in hospitality sector by technology 2015-2020
Global fingerprint identification market in hospitality sector
Global facial recognition market in hospitality sector
Global vein recognition market in hospitality sector

PART 09: Geographical segmentation
Segmentation of global biometrics market in hospitality sector by geography 2015-2020
Segmentation of global biometrics market in hospitality sector by geography 2015-2020 (revenue)

PART 10: Key market challenges

PART 11: Key market trends

PART 12: Vendor landscape
Vendors matrix
Description of major vendors
Vendor news updates
Other prominent vendors

PART 13: Key vendor analysis
3M Cogent
Crossmatch
Fujitsu
M2SYS Technology
NEC

PART 14: Appendix
List of abbreviations

List of Exhibits

Exhibit 01: Biometrics workflow
Exhibit 02: Overview of global biometrics market in hospitality sector
Exhibit 03: Global biometrics market in hospitality sector 2015-2020 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global biometrics market in hospitality sector by technology 2015-2020
Exhibit 06: Global fingerprint identification market in hospitality sector 2015-2020 ($ millions)
Exhibit 07: Global facial recognition market in hospitality sector 2015-2020 ($ millions)
Exhibit 08: Global vein recognition market in hospitality sector 2015-2020 ($ millions)
Exhibit 09: Segmentation of global biometrics market in hospitality sector by geography 2015-2020
Exhibit 10: Segmentation of global biometrics market in hospitality sector by geography 2015-2020 ($ millions)
Exhibit 11: 3M Cogent: Product segmentation
Exhibit 12: Crossmatch: Products and solutions
Exhibit 13: Fujitsu: Business segmentation by revenue 2015
Exhibit 14: Fujitsu: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 15: Fujitsu: Geographical segmentation by revenue 2015
Exhibit 16: M2SYS Technology: Key solutions
Exhibit 17: NEC: Business segmentation by revenue 2015
Exhibit 18: NEC: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 19: NEC: Geographical segmentation by revenue 2015

Published By: Infiniti Research Limited
Product Code: Infiniti Research Limited9698


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and we´┐Żll share relevant market report titles for you to explore.

Related Reports:


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of IT & Telecommunication market as per your needs. Get the best of IT & Telecommunication research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Email Alerts

Get Email alerts about market research reports from industries and publishers of your interest: