Fast Market Research recommends "Biometrics Market in Latin America 2014-2018" from TechNavio, now available

Boston, MA -- (ReleaseWire) -- 07/21/2014 --Biometrics measure and analyze biological data. These systems capture biological traits such as fingerprints, facial patterns, irises, eye retinas, voice patterns, and hand measurements from the subject and compare the data with one or more stored templates. The main purpose of a biometrics system is to identify and verify the identity of a person. In this regard, the system can be either an identification or a verification system. In an identification system, a person's identity can be determined even without the consent of the person. These systems are more often used in surveillance applications. In a verification system, biometrics verifies the person's identity. These systems are used in access control applications.

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TechNavio's analysts forecast the Biometrics market in Latin America will grow at a CAGR of 23.7 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Biometrics market in Latin America 2014-2018. To calculate the market size, the report considers the revenue generated from the sales of various biometric solutions available in the market.

TechNavio's report, the Biometrics market in Latin America 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Latin America region; it also covers the Biometrics market in Latin America market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Countries

- Argentina
- Brazil
- Mexico

Key Vendors

- 3M Cogent Inc.
- Lumidigm Inc.
- NEC Corp.
- Safran SA

Other Prominent Vendors

- Aware Inc.
- BIO-Key International Inc.
- Cognitec Systems GmbH
- Cross Match Technologies Inc.
- DigitalPersona Inc.
- Fujitsu Ltd.
- GAMASIS SA DE CV
- Griaule biometrics
- Innovatrics sro
- M2SYS LLC
- Neokoros TI LTDA
- Precise Biometrics Inc.
- Sixbell
- Suprema Inc.
- ZKTeco Inc.

Key Market Driver

- Increasing Importance for User Convenience
- For a full, detailed list, view our report

Key Market Challenge

- Slow ROI
- For a full, detailed list, view our report

Key Market Trend

- Increasing Mergers and Acquisitions
- For a full, detailed list, view our report

Key Questions Answered in this Report

- What will the market size be in 2018 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?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: 3M Cogent Inc., Lumidigm Inc., NEC Corp., Safran SA, Aware Inc., BIO-Key International Inc., Cognitec Systems GmbH, Cross Match Technologies Inc., DigitalPersona Inc., Fujitsu Ltd., GAMASIS SA DE CV, Griaule biometrics, Innovatrics sro, M2SYS LLC, Neokoros TI LTDA, Precise Biometrics Inc., Sixbell, Suprema Inc., ZKTeco Inc.

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