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4406699 1 Standard


ADVANCED BIOMETRICS – EMERGING TRENDS AND TECHNOLOGIES IN AUTHENTICATION

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Published: December 06, 2023 Report Code: GDDT-IR-S2063-ST

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Report Overview
 * Report Overview
 * Key Players
 * Table of Contents
 * FAQs

The ‘Advanced Biometrics’ report is a critical resource that will enable you to
–

 * Understand how biometric adoption enhances security, streamlines operations,
   and fosters customer-centric strategies.
 * Identify the positioning of businesses at the forefront of innovation.
 * Access real-world innovation examples related to the biometrics application
   across different sectors.
 * Recognize key players across different sectors utilizing biometrics for their
   sector-specific applications.

How is the ‘Advanced Biometrics’ report unique from other reports in the market?

Getting access to the ‘Advanced Biometrics’ report today will help you:

 * Explore the emerging technology trends disrupting biometrics to adjust
   strategies and gain competitive advantage.
 * Identify the application of advanced biometric technologies across various
   sectors – financial services; government, law enforcement, & security;
   retail; automotive; healthcare; consumer; and other cross sectors.
 * Learn about the evolution and advancements of biometric technology over the
   past five decades.
 * Stay up to date with real-world examples to advance the development and
   implementation of biometric technology in key enterprises and startups in
   various sectors.

We recommend this valuable source of information to anyone involved in: 

 * C-suite Executives and Strategy Teams (CTO/CDO/CIO/CFO/CSO)
 * IT Departments/Digital Transformation Departments
 * Cross Industry Operations (Financial Services; Government, Law Enforcement, &
   Security; Retail; Automotive; Healthcare; Consumer; and Other Cross Sectors)
 * Technology Leaders and Start-ups
 * Strategy Departments/Business Development and Market Intelligence
 * Investment Analysts and Portfolio Managers
 * Professional Services – Investment Banks, PE/VC firms
 * M&A/Investment, Management Consultants, and Consulting Firms

To Get a Snapshot of the Advanced Biometrics Report

Download a Free Report Sample


ADVANCED BIOMETRICS REPORT OVERVIEW

Biometrics is the practice of using unique physical or behavioral traits for
identification and authentication purposes. Its usage has been increasing day by
day. Fingerprint recognition, voice recognition, facial recognition, palm
recognition, iris recognition, and behavioral biometrics are some of its key
modalities. For instance, iris recognition is often used in high-security
applications such as border control and access to secure facilities.

The “Advanced Biometrics – Emerging Trends and Technologies in Authentication”
report offers a concise, yet comprehensive exploration of the biometrics market.
The report explores how biometric technologies – using fingerprints, facial
recognition, voice, and online behavior are revolutionizing industries from
finance to healthcare. This report is a critical resource for understanding how
biometric adoption enhances security, streamlines operations, and fosters
customer-centric strategies, positioning businesses at the forefront of
innovation.

Key Modalities ·        Fingerprint Recognition



·        Voice Recognition

·        Facial Recognition

·        Palm Recognition

·        Iris Recognition

·        Behavioral Biometrics

·        Others

Key Application Sectors ·        Financial Services



·        Government, Law Enforcement, & Security

·        Retail

·        Automotive

·        Healthcare

·        Consumer

Enquire & Decide Discover the perfect solution for your business needs. Enquire
now and let us help you make an informed decision before making a purchase.


ADVANCED BIOMETRICS - EMERGING TECHNOLOGY TRENDS

The current advancements in biometrics can be attributed to the convergence of
numerous emerging technology trends, including AI/ML, edge computing,
blockchain, and quantum computing among others.

Edge computing: It enables biometric processing to occur on the device itself,
reducing latency and enhancing privacy by keeping data local. The tech is
especially valuable for real-time applications and IoT devices.

AI/ML: These algorithms have significantly improved the accuracy and speed of
biometric recognition systems. AI technologies enable biometric systems to adapt
and learn from new data, making them more robust against variations in
appearance and behavior.

Blockchain: It can be used to securely store and manage biometric data, ensuring
privacy and control over personal information. Blockchain integration helps
establish trust in biometric authentication systems.

Buy the Full Report to Know More About Emerging Technology Trends in Advanced
Biometrics

Download a Free Sample Report


ADVANCED BIOMETRICS - APPLICATION SECTORS

Biometric technologies offer solutions to various challenges across key sectors,
ranging from security and fraud prevention to enhanced convenience and
efficiency in day-to-day operations. The key sectors for the application of
biometrics are financial services, government, law enforcement, & security,
retail, automotive, healthcare, and consumer.

Financial Services: Biometric streamlines customer authentication process and
reduces fraud. It also enhances customer experience through fingerprint and
facial recognition, making transactions more secure and convenient. The key
applications of biometrics in the financial services sector include fraud
prevention, customer authentication, know your customer (KYC), payment security,
and customer engagement.

Government, Law Enforcement, & Security: Biometric strengthens payment security
and enables personalized shopping experiences. It also prevents fraud and makes
transactions more secure and convenient for both customers and businesses. The
key applications of biometrics in the government, law enforcement, & security
sector include digital identity, criminal identification, activity monitoring,
border control, and access control.

Advanced Biometrics – Application Sectors



Buy the Full Report to Know More About Applications of Advanced Biometrics in
Key Sectors

Download a Free Sample Report


REASONS TO BUY

   

 * No surprise that technology has been a driving force in business
   transformation for years, but the term ‘emerging technologies’ has all of a
   sudden become the key catalyst to drive the next wave of innovation across
   sectors.

   

 * The sense of urgency weighs differently across different sectors, where the
   direct customer-facing sectors are at the forefront compared to other
   capital-intensive sectors. Companies in one sector can take cues from
   successful innovations in other sectors to either draw analogies with
   existing products, services, and processes or transfer strategic approaches
   for a revolutionary transformation.

   

 * Against this backdrop, enterprises need to understand which emerging
   technologies are impacting their sector and how various companies are
   implementing them to meet various challenges.

   

 * The innovation landscape report on innovations in biometrics across sectors,
   published by GlobalData as part of an ongoing series, covers some real-world
   examples to advance the development and implementation of the technology by
   some of the key enterprises as well as startups in various sectors.

   



Acadian
Accu-Time
Aculab
AIG
Alabama Power
Amazon
American Express
Antolin
Apple
Astra Tech
Biofire
Blusafe
BMW
Carrefour
Cerence
Clear
Cognitec
Daon
Descope
Deutsche Telekom
DocuSign
Entersekt
Eurostar
Fingerprint
Cards
Health Gorilla
HoppyGo
Hypr
Hyundai
IDEMIA
IDEX Biometrics
Imprivata
Ingenico
Innovatrics
Instnt
Isorg
JP Morgan
Keyo
LifeQ
Lloyds Bank
Mercedes-Benz
Metalenz
Mitsubishi
Mullen
NEC
OMNIQ
OneID
Oosto
Panera
PassiveBolt
Pathize
Paulding Ohio County Hospital
PayPal
Ping Identity
Prove Identity
QNB
Shopify
Steak 'n' Shake
Sumsub
Suprema
Synaptics
Talitrix
Tatra Banka
TECH5
TECH5
Telpo
Thales
Token
Toshiba
Toyota
T-Systems
UBS
VisionLabs
Vouched
Walmart
Westpac
Worldcoin
Yahoo
Yale Home



TABLE OF CONTENTS

1. Introduction to Biometrics


2. Evolution Timeline


3. Emerging Trends


4. Patents landscape


5. Sector Impact


6. Real-world Innovations


7. Outlook







FREQUENTLY ASKED QUESTIONS

 * What are the key modalities of biometrics?
   
   Fingerprint recognition, voice recognition, facial recognition, palm
   recognition, iris recognition, behavioral biometrics, and others are a few of
   the key modalities of biometrics.
   
   

 * What are the key application sectors of biometrics?
   
   The key application sectors of biometrics are financial services, government,
   law enforcement, & security, retail, automotive, healthcare, and consumer.
   
   

 * What are the key applications of biometrics in the financial services sector?
   
   Biometrics streamlines the customer authentication process and reduces fraud.
   The key applications of biometrics in the financial services sector include
   fraud prevention, customer authentication, know your customer (KYC), payment
   security, and customer engagement.
   
   

 * What are the key applications of biometrics in the government, law
   enforcement, & security sector?
   
   The key applications of biometrics in the government, law enforcement, &
   security sector include digital identity, criminal identification, activity
   monitoring, border control, and access control.
   
   

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 * AUD — Australian Dollar
 * BRL — Brazilian Real
 * CNY — Yuan Renminbi
 * EUR — Euro
 * GBP — Pound Sterling
 * INR — Indian Rupee
 * JPY — Japanese Yen
 * ZAR — South African Rand

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my knowledge of the finance sector, the players within it, and the general
threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and
not something I have seen anywhere else. They provided an insightful view of why
and which consumers take (or don’t) particular financial products. This can help
shape conversations with clients to ensure they make the right strategic
decisions for their business.

One of the challenges I have found is that data in the payments space is often
piecemeal. With GD all of the data I need is in one place, but it also comes
with additional market reports that provide useful extra context and
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Senior Account Manager, TSYS

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tendering and approaching customers.

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services, which benefits everyday use. The highly detailed project intelligence
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scopes, from operational to strategic level, and often support strategic
decisions. GlobalData Analytics and visualisation solutions has contributed
positively when preparing management presentations and strategic papers.”



Business Intelligence & Marketing Manager, SAL Heavy Lift


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