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Showing posts with label Electronic. Show all posts
Showing posts with label Electronic. Show all posts

National Electronic ID Programs Generate $54 Billion Between 2013 and 2018 with 3.5 Billion National eID Card Holders Worldwide

DENVER, July 9, 2014 /PRNewswire/ -- Acuity Market Intelligence today released forecasts from "The Global National eID Industry Report: 2014 Edition" indicating that the global market for National Electronic ID (eID) programs will generate $54 billion in revenues between 2013 to 2018. During this time, the number of National eID cards in circulation will double from 1.75 billion to 3.5 billion. Asia, with its vast population, will dominate the market representing nearly 70% of all National eID cards issued, while Europe trails a distant second at 11%.

According to Acuity Principal and biometrics and secure document market expert, Maxine Most, "In five years time, half of the world's population will have a chip-based National eID card, including near-complete regional coverage in Europe. This eID platform will encourage significant expansion of eGovernment services and provide the foundation for the development of national and global trusted authentication infrastructures."

Most continued, "The evolution of National eIDs is also an evolution towards mobility as these physical electronic credentials evolve towards virtual credentials that are easily stored in mobile devices. This separation of credential from form factor will fundamentally shift the way identity is established, referenced, and used everyday across the globe."

While the total number of countries with some form of National ID program is projected to increase just 6.5%, from 142 to 152 between 2013 and 2018, the number of countries issuing National eID cards will increase 70% from 56 to 95 during this period.

In addition to the 3.5 billion chip-based National eIDs issued by these 95 countries, another 300 million National ID cards will be issued by 31 countries that have integrated biometrics into non chip-based card programs.

Additional analysis and projections are available in "The Global National eID Industry Report: 2014 Edition" which includes comprehensive, country-by-country, regional, and global unit and revenue forecasts for all National eID cards programs including cards, and card and biometrics readers. 

To order, preview, or get more information on "The Global National eID Industry Report: 2014 Edition", visit www.acuity-mi.com/GNeID_Report.php.

About Acuity Market Intelligence
?Acuity Market Intelligence (http://www.acuity-mi.com) is an emerging technology strategy and research consultancy with a proven record of accurately anticipating biometric and electronic identity (eID) market trends.

Contact:? Acuity Market Intelligence?, +1 303 449 1897

SOURCE Acuity Market Intelligence

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Electronic Access Control Systems Market is Expected to Reach USD 31.2 Billion Globally in 2019: Transparency Market Research

ALBANY, New York, July 7, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Electronic Access Control Systems Market Global Forecast, Market Share, Size, Growth and Industry Analysis, 2014 - 2019," the global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.

Browse the full Electronic Access Control Systems Report at http://www.transparencymarketresearch.com/electronic-access-control.html

Rising terrorist attacks, vandalism, and violence in public places such as city centers, educational institutions have made security as one of the major concern for every individual, organizations and government agencies. Advantages such as high accuracy, convenience, and time efficiency of Electronic Access Control (EAC) systems increase its attractiveness in the global security market. Need for better security system to tackle fraudulence, illegal immigration, and criminal activities have prompted the government to invest in better security systems among which EAC systems hold a major market. According to Study of Terrorism and Responses to Terrorism (START), one of the world's top terrorism trackers, 2012 witnessed 69% rise in terror attacks and 89% increase in fatalities caused by them over 2011. Increasing crime and terror attacks demand high end security.

EAC system offers certain advantages such as high accuracy, convenience, and time efficiency over other security products, which increases its attractiveness in the global security market. Governments and private sectors across the globe are investing in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes is further expected to increase demand for EAC systems in order to attain better security levels. Advancement of mobile devices and sensor technologies is currently generating a shift toward biometrics system. EAC system is majorly divided into three major technologies, authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing, buried cable and fence mounted security system).

The global market for EAC system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. The authentication system (largest market in 2013) increased by 13.1% CAGR during 2009-2013 to reach USD 11.7 billion in 2013. The Asia-Pacific EAC systems market is expected to record the highest CAGR growth of 16.7% to reach USD 9.6 billion in 2019. Usage of EAC system in commercial sector (largest end-user in 2013) increased by 13.9% CAGR during 2009-2013 to reach USD 4.6 billion in 2013. EAC systems market is fragmented with several players operating at global or regional level.

Related & Recently Published Reports by Transparency Market Research 

EAC systems are the most used security systems across the globe due to reliability and authenticity. The major end-users of EAC systems is the commercial sector followed by government and industrial sector. Most of the companies produce different types of EAC system products such as authentication systems (biometric and card based authentication systems), intruder alarm systems and perimeter security systems (free standing, buried cable and fence mounted security systems). Major companies operating globally and providing products under all categories of EAC systems are United Technologies Corporation, Tyco International Ltd., Godrej Industries Limited, and Cisco Systems, Inc. Regional companies such as Everspring Industry Co., Ltd., DigitalPersona, Inc. and Linear LLC operate with one specialized EAC system product.

The EAC system market is segmented as follows:

EAC system Market, by Process Segment 

Authentication systemBiometric system Fingerprint recognitionFace recognitionIris recognitionPalm recognitionVoice recognitionSignature recognitionVein recognitionAutomated Fingerprint Identification System /Live ScanCard based authentication system Intruder alarm systemPerimeter security systemFree standing perimeter securityBuried perimeter securityBrowse the full Electronic Access Control Systems Report at http://www.transparencymarketresearch.com/electronic-access-control.html

EAC system Market, by Region 

North AmericaEuropeAsia PacificRest of the World (ROW)The EAC system market for each region includes:

Market Overview  Market Size, by process and application, by value (Historic and Forecast)Browse All Consumer Goods Market Research Reports @ http://www.transparencymarketresearch.com/consumer-goods-market-reports-7.html

About Us 

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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SOURCE Transparency Market Research

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Global Consumer Electronic Biometrics Market

DUBLIN, Mar. 21, 2014 /PRNewswire/ --

Research and Markets

(

http://www.researchandmarkets.com/research/2m6p4w/global_consumer

) has announced the addition of the

"Global Consumer Electronic Biometrics Market "

report to their offering.

(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

The Global Consumer Electronics Biometrics market has been witnessing increasing consolidation and is expected to continue in the coming years. Both the existing vendors and new entrants prefer the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, Apple acquired AuthenTec for US$356 million in 2012, which helps Apple attain all its patents for biometrics security in mobile devices. 3M completed the acquisition of Cogent Inc. in December 2010 for US$943 million. Cogent is a maker of biometrics recognition systems that allow governments and businesses to identify individuals by their fingers, palms, faces, and irises.

According to the report, the major growth driver is increasing use of personal devices for financial transactions. Since financial institutions are encouraging the use of mobile banking and online financial transactions, the need for high-level security is increasing. Also, the use of biometrics in consumer electronics helps in providing high-level security, enabling the growing use of biometrics in consumer electronics.

Further, the report states that one of the major challenges is the availability of inexpensive non-biometrics technologies. There is a high availability of solutions such as token-based two-factor authentication, password authentications, and software authentication. They are comparatively inexpensive and are much easier to operate, thereby finding greater acceptance among individual consumers. Therefore, it affects the growth of the Global Consumer Electronics Biometrics market.

The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Panasonic Corp., Biometrics Security Ltd., Cross Match Technologies Inc., Suprema Inc. Fingerprint Cards AB, and Siemens Biometrics.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

1. Executive Summary

2. List of Abbreviations

3. Introduction

4. Market Research Methodology

5. Scope of the Report

6. Market Description

7. Market Landscape

8. Geographical Segmentation

9. Vendor Landscape

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Key Vendor Analysis

17. Key Takeaways

18. Other Reports in this Series


Companies Mentioned:

3M Cogent Inc. AuthenTec Inc. Fujitsu Ltd. NEC Corp.
For more information visit http://www.researchandmarkets.com/research/2m6p4w/global_consumer

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets

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