X-ray Security Screening Market Size To Hit USD 2.89 billion By 2020: Grand View Research Inc.

San Francisco, 4 Nov 2020: The Report X-ray Security Screening Market Size, Share & Trends Analysis By End-Use (Transit, Commercial, Government), By Application (People Screening, Product Screening) And Segment Forecasts To 2020

The global x-ray security screening market size is expected to reach USD 2.89 billion by 2020, according to a new study by Grand View Research, Inc. Threats pertaining to piracy, drug trade, cross-border terrorism, human trafficking, etc., are anticipated to fuel global x-ray security screening market demand over the forecast period. The risk of terrorist attacks has driven investment in aviation security. Further, illegal arms, drug trafficking, and immigration have heightened border security, which is expected to favorably impact the demand for body & baggage screening systems and explosive detection systems.

The sales of x-ray security and inspection systems significantly rely on the decision of governmental agencies to upgrade or expand existing border crossing inspection sites, airports, seaport inspection sites, military facilities, and other security installations. The decision of governmental agencies to incorporate new systems or to upgrade existing infrastructure plays an important role in driving market demand. Further, the aviation sector has to keep pace with the evolving travel environment by adopting several security measures, which is expected to drive the x-ray security screening market over the next few years. The development of flexible security screening systems in order to address terror threats is also anticipated to fuel market demand. In addition, upgrades for existing installations provide opportunities for market growth. However, ionizing radiations generated by x-ray security scanners are known to be carcinogenic and may hinder market growth over the forecast period.

Access Research Report of X-ray Security Screening Market @ https://www.grandviewresearch.com/industry-analysis/x-ray-security-screening

Further key findings from the study suggest:

• The transit sector is poised for high growth over the forecast period. X-ray security screening systems are primarily used for baggage screening and account for substantial usage across the civil aviation sector.
• X-ray security screening exhibits high penetration in the government sector and accounted for substantial market share in 2013. Upgrades for existing installations are expected to drive the regional market demand, particularly across the border security application. The decision of governmental agencies to incorporate new systems or to upgrade existing infrastructure plays an important role in driving market demand.
• Product screening accounted for considerable market share in 2013, with significant demand originating from the cargo and baggage screening applications.
• North America accounted for a sizable share of the global x-ray security screening market in 2013. The Homeland Security Department has invested heavily in U.S. customs and border security, which is expected to catapult the segment demand over the forecast period.
• A few key industry participants, including OSI Systems (Rapiscan), Smiths Detection, American Science and Engineering, Morpho Detection and Analogic Corporation are constantly innovating with considerable R&D investments to gain competitive advantage, and maintain strong market position.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

Grand View Research has segmented the global x-ray security screening market on the basis of end-use, application, and region:

X-Ray Security Screening End-Use Outlook (Revenue, USD Million, 2012 – 2020)

• Transit
• Commercial
• Government

X-Ray Security Screening Application Outlook (Revenue, USD Million, 2012 – 2020)

• People Screening
• Product Screening

X-Ray Security Screening Regional Outlook (USD Million, 2012 – 2020)

• North America
• Europe
• Asia Pacific
• RoW

Access Press Release of X-ray Security Screening Market @ https://www.grandviewresearch.com/press-release/global-x-ray-security-screening-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Biometrics Technology Market Value To Reach USD 59.31 Billion By 2025: Grand View Research Inc.

San Francisco, 2 Sep 2020: The Report Biometrics Technology Market Analysis Report By End-Use (Government, Banking & Finance, Transport/Logistics, Defense & Security), By Application (AFIS, Iris, Non-AFIS), and Segment Forecasts, 2018 – 2025

The global biometrics technology market size is likely to reach USD 59.31 billion by 2025, according to a new study by Grand View Research, Inc., experiencing a CAGR of 19.5% during the forecast period. Surging demand for biometrics technology across various applications is projected to favor the growth of the market over the coming years. Biometrics technology is used by various verticals in public, private, and commercial sectors to counter security threats. This is estimated to stimulate the growth of the market over the forecast period.

Widening scope of applications of biometrics technology in consumer electronics, in order to improve customer experiences, is poised to augment the market over the same period. Incorporation of biometrics technology into e-commerce applications can enable secure transactions and unfold ample growth opportunities to the market. High initial investment cost is anticipated to hamper growth prospects.

Biometrics technology is being increasingly acknowledged for e-passport programs and to keep a check on illegal migrations. Government organizations and defense services are further expected to experience sharp rise in the demand for the technology. In addition, it is used in banking and finance to increase efficiency and to prevent frauds. This is further likely to positively influence the growth of the market.

Access Research Report of Biometrics Technology Market @ https://www.grandviewresearch.com/industry-analysis/biometrics-industry

Further key findings from the report suggest:

• The transport/logistics segment emerged as the leading end-use segment in 2017 and is projected to exhibit a CAGR of 18.1% over the forecast period
• The non-AFIS segment accounted for 38.1% of the overall market revenue in 2017. The technology is used in various enterprises to enable authorized access, owing to its accuracy and efficiency. AFIS applications are also poised to register a significant CAGR during the forecast period, owing to its use in fingerprint and palm identification for many civil applications
• North America was the largest regional market in 2017. Biometrics technologies are used in various departments in the U.S., owing to their strict security standards
• Asia Pacific is also anticipated to contribute significantly to the global market, due to increasing use of the technology in countries such as India, China, and Indonesia
• The key market participants include Accu-Time Systems, Inc.; BIO-key International, Inc.; David-Link; EyeVerify, Inc.; and FaceFirst.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

Grand View Research has segmented the global biometrics technology market based on application, end-use, and region

Biometrics Technology Application Outlook (Revenue, USD Million, 2014 – 2025)

• Face
• Hand geometry
• Voice
• Signature
• Iris
• AFIS
• Non-AFIS
• Others

Biometrics Technology End-use Outlook (Revenue, USD Million, 2014 – 2025)

• Government
• Banking and Finance
• Consumer Electronics
• Healthcare
• Transport/Logistics
• Defense & Security
• Others

Biometrics Technology Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Biometrics Technology Market @ https://www.grandviewresearch.com/press-release/global-biometrics-technology-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Video Analytics Market Expected To Witness A Substantial Growth Of USD 9.4 Billion By 2025: Grand View Research Inc.

San Francisco, 14 April 2020: The Report Video Analytics Market Size Report By Type (Software, Hardware), By Deployment (Cloud, On-premise), By Application (Intrusion Detection, Crowd Management, Facial Recognition), By End Use, And Segment Forecasts, 2018 – 2025

The global video analytics market size is expected to reach USD 9.4 billion by 2025, according to a new study by Grand View Research, Inc., registering a 22.8% CAGR over the forecast period. Increasing demand for intelligent security surveillance systems, which can be used for estimating key trends and deriving patterns, is the key factor driving market growth. In addition, increasing concerns over public safety and use of video analytics in criminal investigations are positively impacting demand for video analytics solutions.

Apart from surveillance, video analytics solutions have also found increasing application in the retail sector for estimating average footfall, gender bifurcation, display effectiveness, and attractiveness of shelf space. Furthermore, superstores and mega marts have started implementing these systems to gain insight into consumer behavior.

Use of advanced algorithm technology in video analytics enables examination of captured videos frame by frame, irrespective of light exposure, thereby making video analytics a reliable and efficient choice for ensuring security. Furthermore, industries such as transportation, retail, and healthcare are witnessing significant increase in the adoption of video analytics, owing to rising application of intrusion detection, license plate recognition, crowd management, and congestion detection in these industries.

Access Research Report of Video Analytics Market @ https://www.grandviewresearch.com/industry-analysis/video-analytics-market

Further key findings from the study suggest:

• Facial recognition is expected to emerge as the fastest growing application segment with a CAGR of 25.9% from 2017 to 2025. This can be attributed to widening scope of facial recognition solutions for surveillance purposes at malls, events, airports, and public transport, among others
• By type, the services segment is projected to register the highest CAGR of 24.0% for the next eight years. This can be attributed to increasing demand for and installation of video analytics solutions, which are, in turn, propelling demand for related managed and professional services
• The cloud segment is anticipated to emerge as the most preferred deployment option for video analytics solutions as it offers flexibility and convenience, allows remote access, and provides easy maintenance
• North America accounted for the largest share in 2016 and is driven by presence of prominent market players who consistently work on developing new and innovative technologies in video analytics
• The retail end-use segment is anticipated to register the highest CAGR of 25.6% over the forecast period.  This may be attributed to use of video analytics in applications such as people counting, display and promotion effectiveness, product placement and store layout, and customer preference pattern analysis
• Asia Pacific is expected to experience the highest growth from 2017 to 2025, driven by emerging economies such as India and China. These nations are expected to augment their expenditure on intelligent and security surveillance systems
• Key industry participants include Cisco Systems, Inc.; Axis Communications AB; Bosch Security Systems GmbH; Agent Video Intelligence Ltd.; Honeywell International Inc.; IBM Corporation; AllGoVision Technologies Pvt. Ltd.; Genetec Inc.; Aventura Inc.; and i2v System Pvt. Ltd.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

Grand View Research has segmented the global video analytics market based on type, deployment, application, end use, and region.

Video Analytics Type Outlook (Revenue, USD Million, 2014 – 2025)

• Software
• Services

Video Analytics Deployment Outlook (Revenue, USD Million, 2014 – 2025)

• Cloud
• On-premise

Video Analytics Application Outlook (Revenue, USD Million, 2014 – 2025)

• Crowd Management
• Facial Recognition
• Intrusion Detection
• License Plate Recognition
• Motion Detection
• Others

Video Analytics End-use Outlook (Revenue, USD Million, 2014 – 2025)

• BFSI
• City
• Critical Infrastructure
• Education
• Government
• Retail
• Transportation
• Others

Video Analytics Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Access Press Release of Video Analytics Market @ https://www.grandviewresearch.com/press-release/global-video-analytics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Facial Recognition Market Research Report Analysis And Forecast: Grand View Research Inc.

Facial Recognition Market has seen a steady growth since the inception of technology and is expected to maintain the momentum of growth in the upcoming years. Recent rise in demand for the security enhancements, identification, tracking and law & order purposes, among others at public and private places is set to keep the growth potential up for the market.

Nitty-Gritties Of The Market

Facial Recognition technology has rocketed the efficiency of several systems and has proved its worth in multiple arenas. This resulted in increase in demand in Facial Recognition Market, for which it has many potent factors to thank.

Security Need Is An Important Factor

Rising security threats along with the need for identification in public and private places are one of the most important factors to have influenced the market on a large scale. With 1 in 5 violent crimes in USA taking place in public and open places, government has pushed the need for security enhancements and identification at public places. These enhancements are mostly dependent on the facial recognition technology. Also, face biometric systems are deployed at several airports for reducing the security threats, along with hassles for passengers and boost reduction in time as well. For example, in 2017, Thales was responsible for supplying the new automated control gates for the PARAFE system (Automated Fast Track Crossing at External Borders) at Roissy Charles de Gaulle airport in Paris.

Access Research Report of Facial Recognition Market @ https://www.grandviewresearch.com/industry-analysis/facial-recognition-market

Policing and maintaining law and order in the cities have become easy with facial recognition technology. Face biometrics can be used in police checks, although some countries are against it. In 2016, the “man in the hat” responsible for the Brussels terror attacks was identified thanks to FBI facial recognition software. The South Wales Police implemented it at the UEFA Champions League Final in 2017.

Technological Enhancements Set To Boost The Growth

Several projects from technology behemoths like Google, Amazon, Facebook, Apple and Microsoft are vying for the top spot in the facial recognition arena. This has led to plethora of advancements such as, 3D recognition, Cloud-based services, Facial analytics among others. For example, Rekognition by amazon is being considered as a viable option for law enforcement agencies. It is able to recognize as many as 100 people in a single image and can perform face match against databases containing tens of millions of faces.

Dampeners – High Initial Cost Of Implementation & Privacy Threats

High initial cost of implementation of facial recognition technology becomes a dampener for the growth of market. Although recent technological advancements have resulted in the reduction of costs, there is still long way to traverse in reducing the cost. Along with it, threats related to privacy of the users being voiced around all over the world, has resulted in regulatory measures which provides hindrances to the market. Hong Kong being the prominent example for strict regulatory measures for the Automatic Facial Recognition.

Regional Crucial Developments

North America is estimated to be the key regional market over the forecast period owing to the wide use of this technology in the U.S. departments such as homeland security, justice, defense, etc.

Government initiatives such as UIDAI project in India and e-KTP project in Indonesia to generate electronic id generation of individuals are also expected to provide new opportunities for the facial recognition in Asia Pacific.

Market Players

Competition is intense in this market with several major players investing heavily to deploy advanced developments and boost growth. Market comprises companies including 3M Cogent, Animetrics Inc., Aurora Computer Services Ltd., Aware Inc., Ayonix Inc., NEC Corporation, Precise Biometrics, FaceFirst, and Nuance Communications, etc.

Biometrics Technology Market Size Expected To Reach USD 59.31 Billion By 2025: Grand View Research Inc.

San Francisco, 24 February 2020: The Report Biometrics Technology Market Analysis Report By End-Use (Government, Banking & Finance, Transport/Logistics, Defense & Security), By Application (AFIS, Iris, Non-AFIS), and Segment Forecasts, 2018 – 2025

The global biometrics technology market size is likely to reach USD 59.31 billion by 2025, according to a new study by Grand View Research, Inc., experiencing a CAGR of 19.5% during the forecast period. Surging demand for biometrics technology across various applications is projected to favor the growth of the market over the coming years. Biometrics technology is used by various verticals in public, private, and commercial sectors to counter security threats. This is estimated to stimulate the growth of the market over the forecast period.

Widening scope of applications of biometrics technology in consumer electronics, in order to improve customer experiences, is poised to augment the market over the same period. Incorporation of biometrics technology into e-commerce applications can enable secure transactions and unfold ample growth opportunities to the market. High initial investment cost is anticipated to hamper growth prospects.

Biometrics technology is being increasingly acknowledged for e-passport programs and to keep a check on illegal migrations. Government organizations and defense services are further expected to experience sharp rise in the demand for the technology. In addition, it is used in banking and finance to increase efficiency and to prevent frauds. This is further likely to positively influence the growth of the market.

Access Research Report of Biometrics Technology Market @ https://www.grandviewresearch.com/industry-analysis/biometrics-industry

Further key findings from the report suggest:

• The transport/logistics segment emerged as the leading end-use segment in 2017 and is projected to exhibit a CAGR of 18.1% over the forecast period
• The non-AFIS segment accounted for 38.1% of the overall market revenue in 2017. The technology is used in various enterprises to enable authorized access, owing to its accuracy and efficiency. AFIS applications are also poised to register a significant CAGR during the forecast period, owing to its use in fingerprint and palm identification for many civil applications
• North America was the largest regional market in 2017. Biometrics technologies are used in various departments in the U.S., owing to their strict security standards
• Asia Pacific is also anticipated to contribute significantly to the global market, due to increasing use of the technology in countries such as India, China, and Indonesia
• The key market participants include Accu-Time Systems, Inc.; BIO-key International, Inc.; David-Link; EyeVerify, Inc.; and FaceFirst.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

Grand View Research has segmented the global biometrics technology market based on application, end-use, and region

Biometrics Technology Application Outlook (Revenue, USD Million, 2014 – 2025)

• Face
• Hand geometry
• Voice
• Signature
• Iris
• AFIS
• Non-AFIS
• Others

Biometrics Technology End-use Outlook (Revenue, USD Million, 2014 – 2025)

• Government
• Banking and Finance
• Consumer Electronics
• Healthcare
• Transport/Logistics
• Defense & Security
• Others

Biometrics Technology Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Biometrics Technology Market @ https://www.grandviewresearch.com/press-release/global-biometrics-technology-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Webcams Market Expected To Witness A Substantial Growth At USD 10.06 Billion By 2025: Grand View Research Inc.

San Francisco, 10 February 2020: The Report Webcams Market Size, Share & Trends Analysis By Technology (Analog, Digital), By End Use, By Product (USB, Wireless), By Distribution Channel (Brick & Mortar, E-commerce), And Segment Forecasts, 2018 – 2025

The global webcams market size is expected to reach USD 10.06 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 8.6% during the forecast period. Web cameras, popularly known as webcams, can be connected to laptops and desktops for real-time recording of happenings at any given location.

Real-time monitoring is one of the most important attributes of webcams. The devices are deployed with high-resolution digital cameras and semiconductor chips that capture images and record videos in detail. Growing need for security systems to apprehend burglars, trespassers, miscreants, and other antisocial elements in the society is anticipated to escalate demand for webcams.

Webcams are also widely used at workplaces to communicate with colleagues and professionals from distant locations. Video conferences with High Definition/4K videos have minimized need for face-to-face meetings, thereby reducing need for business travel. This has greatly contributed to cost savings among organizations.

The different benefits of webcam technology, such as streaming images and capturing live footages of patients for vital as well as prenatal care, have extended its scope in the healthcare sector. Telehealth technology offers consulting services to patients based in remote locations through video conferencing using laptops or mobile devices. Moreover, video conferencing can be used for providing expert medical advice from remote locations in critical cases and for chronic diseases.

Access Research Report of Webcams Market @ https://www.grandviewresearch.com/industry-analysis/webcams-market

Further key findings from the report suggest:

• On the basis of technology, the digital segment is expected to register a CAGR of around 10.4% over the forecast period
• By product, although wireless webcams account for a smaller share, the segment is anticipated to exhibit the highest CAGR by 2025. More than 50 million units of wireless webcams were sold in 2017, worldwide
• In terms of end use, the live events segment is projected to account for over 25% of the global webcam market revenue by 2025
• Asia Pacific accounted for the largest volume share in 2017 and is anticipated to continue dominating the market over the forecast period
• Key players in webcams market Logitech; D-Link Systems, Inc.; Cisco Systems, Inc.; and Koninklijke Philips N.V., Inc. Key vendors are aiming to develop solutions compatible with the mobile technology owing to growing proliferation of smartphones worldwide.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

Grand View Research has segmented the global webcams market based on product, technology, distribution channel, end use, and region:

Webcam Product Outlook (Volume Million Units; Revenue USD Million, 2014 – 2025)

• USB
• Wireless

Webcam Technology Outlook (Volume Million Units; Revenue USD Million, 2014 – 2025)

• Analog
• Digital

Webcam Distribution Channel Outlook (Volume Million Units; Revenue USD Million, 2014 – 2025)

• Brick & Mortar
• E-commerce

Webcam End-use Outlook (Volume Million Units; Revenue USD Million, 2014 – 2025)

• Security & surveillance
• Entertainment
• Videoconference
• Live events
• Visual marketing
• Others

Webcam Regional Outlook (Volume Million Units; Revenue USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Webcams Market @ https://www.grandviewresearch.com/press-release/global-webcams-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

X-ray Security Screening Market Size Worth $ 2.89 billion By 2020 : Grand View Research Inc.

San Francisco, 6 January 2020: The Report X-ray Security Screening Market Size, Share & Trends Analysis By End-Use (Transit, Commercial, Government), By Application (People Screening, Product Screening) And Segment Forecasts To 2020

The global x-ray security screening market size is expected to reach USD 2.89 billion by 2020, according to a new study by Grand View Research, Inc. Threats pertaining to piracy, drug trade, cross-border terrorism, human trafficking, etc., are anticipated to fuel global x-ray security screening market demand over the forecast period. The risk of terrorist attack has driven investment in the aviation security. Further, illegal arms, drug trafficking and immigration have heightened border security, which is expected to favorably impact the demand for body & baggage screening systems and explosive detection systems.

The sales of x-ray security and inspection systems significantly rely on the decision of governmental agencies to upgrade or expand existing border crossing inspection sites, airports, seaport inspection sites, military facilities, and other security installations. The decision of governmental agencies to incorporate new systems or to upgrade existing infrastructure plays an important role in driving market demand. Further, the aviation sector has to keep pace with evolving travel environment by adopting several security measures, which is expected to drive the x-ray security screening market over the next few years. Development of flexible security screening systems in order to address terror threats is also anticipated to fuel market demand. In addition, upgrades for existing installations provide opportunities for market growth. However, ionizing radiations generated by x-ray security scanners are known to be carcinogenic, and may hinder market growth over the forecast period.

Access Research Report of X-ray Security Screening Market @ https://www.grandviewresearch.com/industry-analysis/x-ray-security-screening

Further key findings from the study suggest:

• The transit sector is poised for high growth over the forecast period. X-ray security screening systems are primarily used for baggage screening, and account for substantial usage across the civil aviation sector.
• X-ray security screening exhibits high penetration in the government sector, and accounted for substantial market share in 2013. Upgrades for existing installations are expected to drive the regional market demand, particularly across the border security application. The decision of governmental agencies to incorporate new systems or to upgrade existing infrastructure plays an important role in driving market demand.
• Product screening accounted for considerable market share in 2013, with significant demand originating from the cargo and baggage screening applications.
• North America accounted for a sizable share of the global x-ray security screening market in 2013. The Homeland Security Department has invested heavily in U.S. customs and border security, which is expected to catapult the segment demand over the forecast period.
• A few key industry participants, including OSI Systems (Rapiscan), Smiths Detection, American Science and Engineering, Morpho Detection and Analogic Corporation are constantly innovating with considerable R&D investments to gain competitve advantage, and maintain strong market position.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

Grand View Research has segmented the global x-ray security screening market on the basis of end-use, application and region:

X-Ray Security Screening End-Use Outlook (Revenue, USD Million, 2012 – 2020)

• Transit
• Commercial
• Government

X-Ray Security Screening Application Outlook (Revenue, USD Million, 2012 – 2020)

• People Screening
• Product Screening

X-Ray Security Screening Regional Outlook (USD Million, 2012 – 2020)

• North America
• Europe
• Asia Pacific
• RoW

Access Press Release of X-ray Security Screening Market @ https://www.grandviewresearch.com/press-release/global-x-ray-security-screening-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Biometrics Technology Market Worth $ 59.31 Billion By 2025 : Grand View Research Inc.

San Francisco, 6 May 2019: The Report Biometrics Technology Market Analysis Report By End-Use (Government, Banking & Finance, Transport/Logistics, Defense & Security), By Application (AFIS, Iris, Non-AFIS), and Segment Forecasts, 2018 – 2025

The global Biometrics Technology market size is likely to reach USD 59.31 billion by 2025, according to a new study by Grand View Research, Inc., experiencing a CAGR of 19.5% during the forecast period. Surging demand for biometrics technology across various applications is projected to favor the growth of the market over the coming years. Biometrics technology is used by various verticals in public, private, and commercial sectors to counter security threats. This is estimated to stimulate the growth of the market over the forecast period.

Widening scope of applications of biometrics technology in consumer electronics, in order to improve customer experiences, is poised to augment the market over the same period. Incorporation of biometrics technology into e-commerce applications can enable secure transactions and unfold ample growth opportunities to the market. High initial investment cost is anticipated to hamper growth prospects.

Biometrics technology is being increasingly acknowledged for e-passport programs and to keep a check on illegal migrations. Government organizations and defense services are further expected to experience sharp rise in the demand for the technology. In addition, it is used in banking and finance to increase efficiency and to prevent frauds. This is further likely to positively influence the growth of the market.

Access Research Report of Biometrics Technology Market @ www.grandviewresearch.com/industry-analysis/biometrics-industry

Further key findings from the report suggest:

• The transport/logistics segment emerged as the leading end-use segment in 2017 and is projected to exhibit a CAGR of 18.1% over the forecast period
• The non-AFIS segment accounted for 38.1% of the overall market revenue in 2017. The technology is used in various enterprises to enable authorized access, owing to its accuracy and efficiency. AFIS applications are also poised to register a significant CAGR during the forecast period, owing to its use in fingerprint and palm identification for many civil applications
• North America was the largest regional market in 2017. Biometrics technologies are used in various departments in the U.S., owing to their strict security standards
• Asia Pacific is also anticipated to contribute significantly to the global market, due to increasing use of the technology in countries such as India, China, and Indonesia
• The key market participants include Accu-Time Systems, Inc.; BIO-key International, Inc.; David-Link; EyeVerify, Inc.; and FaceFirst.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/electronic-security-systems-and-devices

Grand View Research has segmented the global biometrics technology market based on application, end-use, and region

Biometrics Technology Application Outlook (Revenue, USD Million, 2014 – 2025)

• Face
• Hand geometry
• Voice
• Signature
• Iris
• AFIS
• Non-AFIS
• Others

Biometrics Technology End-use Outlook (Revenue, USD Million, 2014 – 2025)

• Government
• Banking and Finance
• Consumer Electronics
• Healthcare
• Transport/Logistics
• Defense & Security
• Others

Biometrics Technology Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Biometrics Technology Market @ www.grandviewresearch.com/press-release/global-biometrics-technology-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Video Analytics Market Trends, Analysis, Growth Forecast 2018 To 2025: Grand View Research Inc.

San Francisco, 27 February 2019: The Report Video Analytics Market Size Report By Type (Software, Hardware), By Deployment (Cloud, On-premise), By Application (Intrusion Detection, Crowd Management, Facial Recognition), By End Use, And Segment Forecasts, 2018 – 2025

The global Video Analytics Market size is expected to reach USD 9.4 billion by 2025, according to a new study by Grand View Research, Inc., registering a 22.8% CAGR over the forecast period. Increasing demand for intelligent security surveillance systems, which can be used for estimating key trends and deriving patterns, is the key factor driving market growth. In addition, increasing concerns over public safety and use of video analytics in criminal investigations are positively impacting demand for video analytics solutions.

Apart from surveillance, video analytics solutions have also found increasing application in the retail sector for estimating average footfall, gender bifurcation, display effectiveness, and attractiveness of shelf space. Furthermore, superstores and mega marts have started implementing these systems to gain insight into consumer behavior.

Use of advanced algorithm technology in video analytics enables examination of captured videos frame by frame, irrespective of light exposure, thereby making video analytics a reliable and efficient choice for ensuring security. Furthermore, industries such as transportation, retail, and healthcare are witnessing significant increase in the adoption of video analytics, owing to rising application of intrusion detection, license plate recognition, crowd management, and congestion detection in these industries.

Access Research Report of Video Analytics Market @ www.grandviewresearch.com/industry-analysis/video-analytics-market

Further key findings from the study suggest:

• Facial recognition is expected to emerge as the fastest growing application segment with a CAGR of 25.9% from 2017 to 2025. This can be attributed to widening scope of facial recognition solutions for surveillance purposes at malls, events, airports, and public transport, among others
• By type, the services segment is projected to register the highest CAGR of 24.0% for the next eight years. This can be attributed to increasing demand for and installation of video analytics solutions, which are, in turn, propelling demand for related managed and professional services
• The cloud segment is anticipated to emerge as the most preferred deployment option for video analytics solutions as it offers flexibility and convenience, allows remote access, and provides easy maintenance
• North America accounted for the largest share in 2016 and is driven by presence of prominent market players who consistently work on developing new and innovative technologies in video analytics
• The retail end-use segment is anticipated to register the highest CAGR of 25.6% over the forecast period. This may be attributed to use of video analytics in applications such as people counting, display and promotion effectiveness, product placement and store layout, and customer preference pattern analysis
• Asia Pacific is expected to experience the highest growth from 2017 to 2025, driven by emerging economies such as India and China. These nations are expected to augment their expenditure on intelligent and security surveillance systems
• Key industry participants include Cisco Systems, Inc.; Axis Communications AB; Bosch Security Systems GmbH; Agent Video Intelligence Ltd.; Honeywell International Inc.; IBM Corporation; AllGoVision Technologies Pvt. Ltd.; Genetec Inc.; Aventura Inc.; and i2v System Pvt. Ltd.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/electronic-security-systems-and-devices

Grand View Research has segmented the global video analytics market based on type, deployment, application, end use, and region.

Video Analytics Type Outlook (Revenue, USD Million, 2014 – 2025)

• Software
• Services

Video Analytics Deployment Outlook (Revenue, USD Million, 2014 – 2025)

• Cloud
• On-premise

Video Analytics Application Outlook (Revenue, USD Million, 2014 – 2025)

• Crowd Management
• Facial Recognition
• Intrusion Detection
• License Plate Recognition
• Motion Detection
• Others

Video Analytics End-use Outlook (Revenue, USD Million, 2014 – 2025)

• BFSI
• City
• Critical Infrastructure
• Education
• Government
• Retail
• Transportation
• Others

Video Analytics Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East & Africa (MEA)

Access Press Release of Video Analytics Market @ www.grandviewresearch.com/press-release/global-video-analytics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com