|[September 18, 2013]
Research and Markets: Global Palm Vein Biometrics Market 2012-2016 with Fujitsu Ltd., iAccess Systems Inc., and M2SYS Technology Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/6jgg99/global_palm_vein)
has announced the addition of the "Global
Palm Vein Biometrics Market 2012-2016" report to their offering.
The analysts forecast the Global Palm Vein Biometrics market to grow at
a CAGR of 46.6 percent over the period 2012-2016. One of the key factors
contributing to this market growth is the increasing need for advanced
security systems. The Global Palm Vein Biometrics market has also been
witnessing an increasing deployment of palm vein biometrics. However,
the need for improved compatibility and standardization could pose a
challenge to the growth of this market.
The key vendors dominating this spaceinclude Fujitsu (News - Alert) Ltd., iAccess
Systems Inc., and M2SYS Technology.
The other vendors mentioned in this report are Bionics Co. Ltd. and
Hitachi (News - Alert) Information and Control Solutions Ltd.
Commenting on the report, an analyst from the team said: One of the main
trends witnessed in the Global Palm Vein Biometrics market is the
increasing number of deployments. The majority of the deployments are
taking place in countries such as Brazil, India, Japan, and the US. The
Education and BFSI sectors are the major application segments where the
deployment projects have witness drastic increment over the past few
years. The continual adoption of palm vein biometric in the end-user
segments will tend to increase the growth prospects of the Global Palm
Vein Biometrics market during the forecast period.
According to the report, one of the main factors driving the market is
the growing need for advanced security systems. There has been a
substantial increase in the number of cyber-attacks in government
departments and installations over the years. Insider thefts are also
increasing in recent years. Furthermore, critical government departments
such as intelligence, defense, and finance hold important data, the
theft of which could jeopardize national security.
For more information visit http://www.researchandmarkets.com/research/6jgg99/global_palm_vein
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