2012-12-11 23:20:15 - Global Biometric Sensors Market 2009-2013 - a new market research report on companiesandmarkets.com
Biometric Sensors are those devices that are used to uniquely identify and verify an individual on the basis of his/her physiological or behavioral characteristics. While physiological characteristics are those related to the shape of the human body like face, finger prints, iris, etc.; behavioral characteristics are essentially those related to the behavior of the person like voice, gait, rhythm, etc. Thus, the Global Biometric Sensors market includes devices that establish identity of an individual with the help of their physiological or behavioral characteristics.
The Biometric Sensors market is set to grow in the global market in the future. With security issues rising, Biometric sensors and solutions market will be witnessing a huge demand from the Governments, Financial, Retail and IT sector
as it is a reliable and secure solution to identify and authenticate individuals.
With the emerging Biometric market, a large number of Biometric companies are setting up alliances and partnerships. For example, DigitalPersona has partnered with Microsoft as its technology partner and Retica Systems has collaborated with WCC Smart Search & Match for better matching algorithms for its sensors. Along with technology and solution providers, Biometric companies are entering in agreements with distributors across the world. Through these agreements, they are trying to explore new markets such as agreement between Digital Persona and Trekit in Israel.
The report by TechNavio Insights forecasts the size of the Biometric Sensors Market over the period 2009-2013. Further, it discusses the key market trends, drivers and challenges of Biometric Sensors Market, and profiles some of the key vendors of this market.
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