DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lfxrcf/global_biometric) has announced the addition of the "Global Biometric in Workforce Management 2015-2019" report to their offering.
The global biometric in workforce management market is set to record a CAGR of more than 17% from 2015 to 2019.
Cloud-based biometric technology utilizes cloud services through a web-based user interface that is either a browser or a mobile application. In this scenario, the biometrics infrastructure of a business is handled by the hosting provider and is available on demand. Biometric infrastructure in the cloud includes the servers that consist of biometric template databases and the processing data that is created during an individual's identification and verification.
According to the report, organizations in various sectors such as government, BFSI, transportation, healthcare, retail, manufacturing, education, and construction are increasingly adopting biometrics in workforce management to increase identification accuracy and security, and to ensure employee productivity and accountability. The major factors driving the organizations to adopt this technology is to replace traditional security systems such as PINs, ID cards, passwords, and keys that are used to clock in and out of the premises and computer networks.
The market share of the North America region is expected to decline by the end of 2019. During the same period, the market share of APAC is estimated to increase on account of high adoption in countries such as China and India. The Europe market will witness higher adoption from Nordic countries such as Denmark and Norway as compared to the UK during the forecast period.
Further, the report states that information can easily be misappropriated and used in fraudulent activities, leading to loss of critical data.
Key Vendors:
- Bio Enable
- 3M
- M2SYS Technology
- Safran
- Suprema
Report Structure:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market description
PART 06: Key market developments
PART 07: Market landscape
PART 08: Market segmentation by technology
PART 09: Geographical segmentation
PART 10: Key market challenges
PART 11: Key market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/lfxrcf/global_biometric
