DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/sngrcf/global_biometric) has announced the addition of the "Global Biometric Readers Market 2012-2016" report to their offering.
The Global Biometric Readers market is expected to grow at a CAGR of 17.1 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for high-level security in government departments. The Global Biometric Readers market has also seen an increase in the number of mergers and acquisitions. However, strong competition from inexpensive non-biometric technologies could pose a challenge to the growth of this market.
TechNavio's report, the Global Biometric Readers Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Biometric Readers market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an analyst from TechNavio's Hardware team said: ''An increase in mergers and acquisitions is expected to continue in the coming years. Both existing vendors and new entrants prefer the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, the French defense company Safran completed the acquisition of the biometric solution provider L-1 Identity Solutions in Q2 2011 for US$1 billion. The acquisition helped Safran become a leading player in the Global Biometric Readers market. Similarly, 3M completed the acquisition of Cogent Inc. in December 2010 for US$943 million. Cogent is a maker of biometric recognition systems that allow governments and businesses to identify individuals by their fingers, palms, faces, and irises."
Key questions answered
- What will the market size be in 2016 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
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What are the strengths and weaknesses of the key vendors?
Key Topics Covered
1. Executive Summary
2. Introduction
3. Market Coverage
4. Market Landscape
5. Geographical Segmentation
6. Key Leading Countries
7. Vendor Landscape
8. Buying Criteria
9. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Key Vendor Analysis
15. Other Reports in this Series
List of Exhibits
Companies Mentioned
- Qunkang Technology Shenzhen
- Hongfutai Precision Electronics.
- Wuxi Sharp Electronic Components
- Tianjin Jinya Electronics
- Delta Electronics Power
- Guangmao Scientific and Technologic
- Zhongda Electronics
- Hailiang Storage Products
- United Win (China) Technology
- TDK Xiamen
For more information visit http://www.researchandmarkets.com/research/sngrcf/global_biometric
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