Global Multi-Modal Biometrics Market 2016-2020

Outlook of the multi-modal biometrics market 

Extensive market research carried out by the analysts at Technavio has shown that the global multi-modal biometrics market will grow tremendously at a CAGR of more than 15% over the forecast period. With the emergence of mobile biometrics, the multi-modal biometrics market will have a positive outlook in the coming years. The increasing adoption of mobile devices across different sectors like healthcare, government, enterprises, BFSI, and transportation sectors is prompting the use of multi-modal biometrics for securing access to data on mobile devices. Mobile biometrics can be used to locate an individual at a particular location, such as schools, booking stations, prisons, cars of patrol officers, and on the battlefield to provide them authorized access to services. In addition, mobile biometrics also enables capturing the physical features of an individual and comparing them against the database for real-time identity verification. For example, MorphoTrust USA provides multi-modal biometrics in mobile devices to identify individuals in the field and provide them authorized access to premises. Moreover, several telecom operators are also encouraging the use of wireless mobile biometrics for access control purposes. Therefore, the increasing adoption and use of mobile biometrics for access control purposes will aid in the growth of the market over the predicted period.

In this industry research report, the analysts have estimated factors such as the increasing adoption of multi-modal biometrics in the education sector to propel the growth prospects of this market until the end of 2020. Education institutions are using biometric technologies such as finger vein and fingerprint recognition to ensure authorized access to various online and offline applications. Multi-modal biometrics are also used to control unauthorized access to restricted areas such as exam control rooms and laboratories. For example, Michigan State University in the US has implemented multi-modal biometrics by integrating face recognition, fingerprint recognition, and voice recognition biometrics for identity verification and providing access to students and employees.

Segmentation by technology and analysis of the multi-modal biometrics market

• Vein recognition
• Voice recognition
• Iris recognition
• Facial recognition
• Fingerprint recognition