Research and Markets: North American Government Biometrics Markets Report Reveals Need for Greater Security Fuels Growth in the North American Market

Research and Markets (http://www.researchandmarkets.com/research/504735/north_american_gov) has announced the addition of Frost & Sullivan's new report "North American Government Biometrics Markets" to their offering.

This Frost & Sullivan research service titled North American Government Biometrics Markets provides in-depth analysis of key market drivers and restraints, revenue forecasts, technology trends and competitive structure. In this research, Frost & Sullivan's expert analysts thoroughly examine the following application segments: civil identification, criminal identification, physical access control, and logical access control.

Need for Greater Security Fuels Growth in the North American Government Biometrics Markets

As security issues move to the vanguard in the government sector, local, regional, and national government organizations are procuring biometric systems owing to advantages such as high accuracy, convenience, and time efficiency. The need for tighter security to tackle fraudulence, illegal immigration, and criminal activities has made it necessary for government enterprises to resort to security solutions. The market share of this vertical is growing year on year and trends indicate that the coming years will see a significant boost in the potential of this market. Major application areas include transportation, border control, and immigration.

The regulatory-driven activities and initiatives of the government have enabled the North American government biometrics market the highest revenue generator. The U.S. mandated Visa Waiver Program (VWP), the border management control programs, the national ID programs, driver's license, and the physical access and logical access control programs for buildings have opened the doors of opportunity for biometric vendors. "In North America, large-scale funded programs, focused on monitoring employee access in buildings, are driving revenue growth," notes the analyst of this research service. "In addition, the demand for finger-scan biometric technologies to restrict the network access of confidential data to authorized personnel only is expected to increase the demand for PC /network security applications."

Technological Innovations Pave the Way for Market Progression

Technological innovations have provided the market with strong forward momentum, and investments in R&D have eliminated technological barriers, establishing biometric solutions as an integral component of national security and defense strategies. With specific end user requirements in mind, market participants have invested heavily in the development of novel solutions. Features that are high on the priority list of biometric vendors are optimal security, user friendliness, non-invasiveness and low cost. Observations reveal that the lack of standardization, insufficient awareness, and long sales cycles has impeded the adoption of biometrics technology. "Historically, fingerprint recognition technology has been the most cost-effective and well-suited technology for civil and criminal identification and physical access control," notes the analyst of this research service. "However, a shift in dynamics is expected as the price of face recognition and iris recognition systems decline."

Fierce competition dominates the market, and it is imperative for participants to strategically position products as early in their lifecycle as possible to garner maximum revenues. Focusing on high-accuracy, cost-effective solutions will ensure successful business outcomes. Ongoing alliances and acquisitions will spearhead the utilization of multimodal technology. This multi-factor authentication will buffer security by overcoming the shortcomings of individual technologies, and contributing to the long term growth of the North American biometrics market. Vendors can hope to magnify chances of success by collaborating and marketing the appropriate technology for a specific application. Besides, building awareness on privacy concerns by organizing more trade shows and conferences will allow vendors achieve healthy profit margins.

Key Topics Covered:

1 MARKET OVERVIEW

2 NORTH AMERICAN GOVERNMENT BIOMETRICS MARKET

3 MARKET SEGMENT ANALYSIS

4 APPENDIX

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