September 25, 2015 -
Technavio published its report, “Biometrics Market in the United States in Education Sector 2015-2019“, which forecasts the biometrics market in the U,S. education sector to grow at a CAGR of 23.65% over the period 2014-2019.
The report covers both the current and future scenarios of the biometrics market in the U.S. education sector for the period 2015-2019.
According to the report, the market is highly fragmented with several small and large vendors.
The report includes a detailed product and feature comparison for the key leading vendors, as well as an analysis of fingerprint identification, facial recognition, and iris recognition.
The report profiles the market’s key vendors including BIO-key, BioLink Solutions, Fujitsu, HID Global, NEC, Nuance Communications, as well as other prominent vendors including Biomids, Digitus Biometrics, IDconnect, Iris ID, IriTech, M2SYS and Touchless Biometrics Systems.
In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the risks faced by vendors and the market at large, as well as the key trends emerging in the market.
The report addresses a number of key areas, including the projected market size in 2019 and respective growth rate, trends (integration of biometrics in smart cards), drivers, challenges to market growth (high cost of biometrics systems), key vendors, opportunities and threats faced by these vendors, and their strengths and weaknesses.
Previously reported, Persistence Market Research recently published a new report entitled “Face and Voice Biometrics Market: Global Industry Analysis and Forecast 2015 – 2021”.