forecast, industry

Market analysis from IndustryARC

Next Generation Biometrics Market is estimated to be $5.9 billion in 2014 and is growing at a healthy CAGR of 22% (IndustryARC)

The market is characterized by established brands with high revenue; high R&D capital reserves and well instituted distribution channels. But, the market place is also being disrupted by firms with innovative solution that have emerged to solve specific problems. With cost effective solutions offering greater security, companies will be able to position themselves uniquely.

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