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Next Generation Biometrics Market - Upcoming Trends and Business Opportunities till 2023
Next Generation Biometrics Market Research Report – Forecast to 2023

BriefingWire.com, 4/08/2020 - Increasing uptake of next-generation biometrics in border security control, crime-fraud prevention & detection, attendance recording, payment systems, and access control is a key driving force behind the market growth. Besides, the proliferation of technology and smart mobile devices alongside, the incorporation of next-generation biometric products in government and travel & immigration industry verticals are driving the market.

On the other hand, some of the loopholes in the next generation biometrics system, such as spoofing, tampering, overriding of Yes/No response, and instances of inaccuracy, i.e., false acceptance rate (FAR) and false recognition rate (FRR) and attacks such as substitution & replay attacks, masquerade attack, Trojan horse attack, etc. are posing challenges on the way to market growth.

Also, the high cost of deployment and risk involved in privacy intrusion are impeding the growth of Next Generation Biometrics Market. Nevertheless, this advanced biometrics is increasingly achieving success in criminal investigations, which would support the growth of the [FURL=https://www.marketresearchfuture.com/reports/next-generation-biometrics-market-5955]next generation biometrics market[/FURL]

Major players:

Players leading the next generation biometrics market include NEC Corporation (Japan), Safran SA (France), 3M Cogent Inc. (US), Suprema Inc. (South Korea), Fujitsu Ltd. (Japan), Cross Match Technologies Inc. (US), Thales Group (France), Fulcrum Biometrics LLC (US), Bio-Key International Inc. (US), Secunet Security Networks AG (Germany), Precise Biometrics AB (Sweden), ValidSoft (UK), Facebanx (UK), Fingerprint Cards AB (Sweden), RCG Holdings Limited (Hong Kong), and Siemens AG (Germany), among others.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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