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Biometric technology

This new technology has been seen an upward curve as far as the number of users engaging in the field of biometrics .

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Biometric technology

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  1. Next Generation Biometric Market Opportunities and Forecasts, 2014 – 2021

  2. Biometric is well known for its metrics application in human characteristics . • Biometric authentication which is used in computer science , well known as “Identification and access control”. • Biometric system have found its versatile use in to security as in Military , government authorities and banking system. WHAT IS BIOMETRIC

  3. BIOMETRIC SYSTEM

  4. Biometric with Banking

  5. World Biometric – Market By Geography North America, Europe, Asia Pacific, LAMEA

  6. Finger Print Recognition • Fingerprint recognition segment dominated the biometric technology market in 2015 • Today, new regulations to monitor card payments using finger authentication are introduced • This makes the whole process convenient and secure. • The physical biometric segment dominated the market with around 81% share, owing to increasing adoption of fingerprint recognition • Finger print technology has also become affordable and thus it is possible for feasible and reliable user authentication using a fingerprint. • The iris recognition segment is projected to expand at the highest CAGR of around 22%. • Owing to widening applications of iris recognition biometric solutions at vehicle checkpoints, airport security, and for employee identification.

  7. “Biometric Application”

  8. Future Prospect • The technology will soon feature in multiple industry verticals in the near future. • The demand coming from the airport security and vehicle checkpoints for iris identification will supplement the growth of the market. • Biometric is not limited to scanning human behavioral covering following aspects: Face recognition , finger Printing , Hand geometry , Iris recognition . • Digitalization has boosted the growth of the market and the trend is here to stay. • The demand coming from the airport security and vehicle checkpoints for iris identification will supplement the growth of the market.

  9. Last ! But not Least.. Thank You! For More Details Visit us at https://blog.alliedmarketresearch.com/biometric-systems-to-ensure-safe-and-convenient-online-banking-experience-327 Follow Us On

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