Germany and Russia Emerging as Key Contributing Countries in European Biometrics Market – 6Wresearch

6Wresearch announces the release of exhaustive and detailed “Global Biometrics Market (2014-2020)” report covering technologies, regions, countries and applications. The report estimates and

forecast market by technologies such as Fingerprint, Face, IRIS, Hand/ Palm-Print, Voice, Vein, Keystroke Dynamics, DNA, GAIT and Multimodal biometrics. The report consist regions such as

North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa and further has been

divided into countries including Canada, United States, Brazil, Mexico, Argentina, Colombia, Germany, United Kingdom, France, Italy, Spain, Russia, China, India, Japan, South Korea, Indonesia, Australia, Saudi Arabia, UAE, Turkey, Israel, Egypt, South Africa and Nigeria. The

report also segregates market into time & attendance systems, access control systems and identity solutions based biometric systems by various technologies.

Europe is the third largest revenue generating region in global biometrics market. In Europe, countries

such as UK, Germany, France, Italy, Spain and Russia are contributing majorly for the growth of the

overall Europe’s biometric market. Weak economic conditions in European countries such as France,

Spain and Italy during 2011-12, impacted the adoption of various electronic security systems. This

resulted into low demand for biometric systems in the region. However, countries such as Germany

and Russia exhibited strong demand for these devices and are expected to continue the same trend

in the forecast period.

Government based biometric programs such as e-passports, national ID, and electronics residence

permit for non-EU citizens are spurring the demand for biometrics systems in Germany, especially

multi-modal biometrics systems. From 2015, Germany would witness healthy growth in the biometrics

market on account of increasing smartphones penetration and adoptions of new biometric

technologies.

Russia is emerging as key growing country in European biometrics market, owing to increasing

security & IT spending. Also, country’s national ID project is contributing primarily for the demand for

biometrics systems. Upcoming FIFA World Cup 2018 would further boost the market for various

electronics security systems especially biometric technology based access control systems.

According to 6Wresearch, Global Biometrics Market is projected to reach $21.9 billion by 2020.

Fingerprint biometrics technology has led the market and is expected to maintain its dominance

through the forecast period due to its low cost and ease of usage. However, in the forecast period,

share of fingerprint biometrics technology is expected to decline due to growth of face, iris, vein and

multi-modal biometrics systems. Need for higher accuracy and reliability has resulted into the

adoption of these biometrics technologies.

Globally, government & transportation application has captured major share of pie in overall global

biometrics market. National ID projects, e-passports & visas, biometrics technology enabled driving

license, and several other government projects across the globe have led for this application

dominance. Consumer electronics application is the fastest growing application in the global

biometrics market. Increasing penetration of smart devices such as smartphones and tablet PCs in

the global market is witnessed as major driving factor, where biometrics technologies especially

fingerprint is used for authenticating the individuals over these devices to restrict unwanted access.

Further, m-commerce industry is witnessing exponential growth in various countries of the world, the

biometrics market in smart device ecosystem is projected to attain tremendous growth in the forecast

period.

The key companies in global biometrics market include- Morpho Safran, 3M Cogent, NEC, Suprema,

Nuance, Hitachi, Crossmatch Technologies, Iris ID, ZK Technologies and others.