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- South America Biometrics Technologies Market – Size, Outlook, Trends and Forecast (2024 – 2032)
Biometrics is a very strong authentication mechanism for verification of individuals by analysing their fingerprints, voice, face, iris and hand signatures. His or her intrinsic physical features can accurately identify every person. These technologies enable the government agencies to solve crimes, secure national borders and prevents frauds in voting. The benefits concerning biometric technologies include accurate identification, easy and safe for use, time-saving, security and convenience.
South America Biometrics Technologies Market Size & Growth:
The South America Biometrics Technologies Market size is projected to reach approximately $ XX m by the end of 2024 with a CAGR close to X% from $XX m in 2018 during the forecast timeline 2018-2024. The Key factors that drive the growth of the market include rising application in government & commercial sector, increasing usage of biometrics technologies in consumer electronics, increasing concern for safety & security. Healthcare sector is expected to have significant growth due to the usage of biometrics technologies for protecting patient privacy.
South America Biometric Technologies Market Share:
Various parameters divided the South America Biometrics Technologies market. By the application, they are divided into voice recognition, automated fingerprint, vein recognition, face recognition, multi-model authentication and others. Among them, the automated fingerprint has the largest market, due to its usage in various civil applications and law enforcement. By the End-User, they are divided into healthcare, Commercial, Transport, IT & Telecommunication and others. Among them commercial sector has the largest market owing to the opportunities in defence & security sector. By function type, they are divided into contact function type, non-contact function type, and others. Among them, non-contact function type has the largest market because it can uniquely identify the individual within less amount of time and can process 30 individuals per minute. By Geography, Brazil has the largest market due to its advanced technologies and infrastructure developments towards biometrics technologies in that region.
South America Biometrics Technologies Market Trends:
- Acuant has acquired Mount Airey Group created an e-authentication solution for border control, feature certification chain validation for passports.
- Immigration and law enforcement agencies around the world consider fingerprints to be one of the most reliable identification tools.
- Gemalto LTE_M wireless module earns AT&T certification expanding highly efficient cellular connectivity for IOT devices.
South America Biometrics Technologies Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Fujitsu Limited
- NEC Corporation
- 3M Cogent
- Gemalto Solutions
- Bio-Key International, INC
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Increasing usage of biometric technology in consumer electronics.
4.1.2 Rising application in government and commercial sector
4.1.3 Increasing concern for safety and security
4.2 Restraints
4.2.1 Technological Limitations
4.2.2 High initial investments and cost of devices
4.3 Opportunities
4.3.1 Evolving multilevel biometric technology
4.3.2 Flourishing use in e-commerce and cloud computing.
4.4 Challenges
4.4.1 Huge capital investments
4.4.2 Technological restrains
Chapter 5 South America Biometrics Technologies Market – By Component
5.1 Hardware
5.1.1 Fingerprint Readers
5.1.2 Camera
5.1.3 Scanners
5.1.4 Others
5.2 Software
Chapter 6 South America Biometrics Technologies Market – By Function Types
6.1 Contact
6.2 Non-Contact
6.3 Other Function Types
Chapter 7 South America Biometrics Technologies Market – By Application
7.1 Voice Recognition
7.2 Face Recognition
7.3 Vein Recognition
7.4 Automated Fingerprint
7.5 Signature Recognition
7.6 Iris Recognition
7.7 Others
Chapter 8 South America Biometrics Technologies Market – By End-User
8.1 Healthcare
8.2 Transport
8.3 Commercial
8.4 IT & Telecommunication
8.5 Others
Chapter 9 South America Biometrics Technologies Market – By Geography
9.1 Introduction
9.2 South America
9.2.1 Brazil
9.2.2 Argentina
9.2.3 Others
Chapter 10 South America Biometrics Technologies Market – Company Profiles
10.1 Fujitsu Limited
10.2 NEC Corporation
10.3 3M Cogent
10.4 NEXT Biometrics
10.5 Iris Biometrics
10.6 SmartMetric, INC
10.7 Gemalto Solutions
10.8 Precise Biometrics AB
Chapter 11 South America Biometrics Technologies Market – Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 12 Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Biometrics is a very strong authentication mechanism for verification of individuals by analysing their fingerprints, voice, face, iris and hand signatures. His or her intrinsic physical features can accurately identify every person. These technologies enable the government agencies to solve crimes, secure national borders and prevents frauds in voting. The benefits concerning biometric technologies include accurate identification, easy and safe for use, time-saving, security and convenience.
South America Biometrics Technologies Market Size & Growth:
The South America Biometrics Technologies Market size is projected to reach approximately $ XX m by the end of 2024 with a CAGR close to X% from $XX m in 2018 during the forecast timeline 2018-2024. The Key factors that drive the growth of the market include rising application in government & commercial sector, increasing usage of biometrics technologies in consumer electronics, increasing concern for safety & security. Healthcare sector is expected to have significant growth due to the usage of biometrics technologies for protecting patient privacy.
South America Biometric Technologies Market Share:
Various parameters divided the South America Biometrics Technologies market. By the application, they are divided into voice recognition, automated fingerprint, vein recognition, face recognition, multi-model authentication and others. Among them, the automated fingerprint has the largest market, due to its usage in various civil applications and law enforcement. By the End-User, they are divided into healthcare, Commercial, Transport, IT & Telecommunication and others. Among them commercial sector has the largest market owing to the opportunities in defence & security sector. By function type, they are divided into contact function type, non-contact function type, and others. Among them, non-contact function type has the largest market because it can uniquely identify the individual within less amount of time and can process 30 individuals per minute. By Geography, Brazil has the largest market due to its advanced technologies and infrastructure developments towards biometrics technologies in that region.
South America Biometrics Technologies Market Trends:
- Acuant has acquired Mount Airey Group created an e-authentication solution for border control, feature certification chain validation for passports.
- Immigration and law enforcement agencies around the world consider fingerprints to be one of the most reliable identification tools.
- Gemalto LTE_M wireless module earns AT&T certification expanding highly efficient cellular connectivity for IOT devices.
South America Biometrics Technologies Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Fujitsu Limited
- NEC Corporation
- 3M Cogent
- Gemalto Solutions
- Bio-Key International, INC
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Increasing usage of biometric technology in consumer electronics.
4.1.2 Rising application in government and commercial sector
4.1.3 Increasing concern for safety and security
4.2 Restraints
4.2.1 Technological Limitations
4.2.2 High initial investments and cost of devices
4.3 Opportunities
4.3.1 Evolving multilevel biometric technology
4.3.2 Flourishing use in e-commerce and cloud computing.
4.4 Challenges
4.4.1 Huge capital investments
4.4.2 Technological restrains
Chapter 5 South America Biometrics Technologies Market – By Component
5.1 Hardware
5.1.1 Fingerprint Readers
5.1.2 Camera
5.1.3 Scanners
5.1.4 Others
5.2 Software
Chapter 6 South America Biometrics Technologies Market – By Function Types
6.1 Contact
6.2 Non-Contact
6.3 Other Function Types
Chapter 7 South America Biometrics Technologies Market – By Application
7.1 Voice Recognition
7.2 Face Recognition
7.3 Vein Recognition
7.4 Automated Fingerprint
7.5 Signature Recognition
7.6 Iris Recognition
7.7 Others
Chapter 8 South America Biometrics Technologies Market – By End-User
8.1 Healthcare
8.2 Transport
8.3 Commercial
8.4 IT & Telecommunication
8.5 Others
Chapter 9 South America Biometrics Technologies Market – By Geography
9.1 Introduction
9.2 South America
9.2.1 Brazil
9.2.2 Argentina
9.2.3 Others
Chapter 10 South America Biometrics Technologies Market – Company Profiles
10.1 Fujitsu Limited
10.2 NEC Corporation
10.3 3M Cogent
10.4 NEXT Biometrics
10.5 Iris Biometrics
10.6 SmartMetric, INC
10.7 Gemalto Solutions
10.8 Precise Biometrics AB
Chapter 11 South America Biometrics Technologies Market – Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 12 Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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