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Dublin, Feb. 26, 2016 -- Research and Markets (http://www.researchandmarkets.com/research/qmlznd/global_biometric) has announced the addition of the "Global Biometric in Workforce Management 2015-2019" report to their offering.
The market research analysts predict the global biometric workforce management to record a CAGR of more than 17% from 2015 to 2019. The report considers revenues generated from the sales of biometric solutions, including hardware, software, integrated solutions, and services used by enterprises and government organizations to authenticate and monitor employees. Authentication implies identification and access control for premises and system networks while monitoring includes surveillance, time, and attendance.
The market is mainly driven by the need for organizations to adopt biometric workforce management to replace traditional security systems. These include PINs, ID cards, passwords, and keys that are traditionally used to record clock in and clock out.
Biometric access control systems restricts unauthorized access, thus ensuring safety of employees and mitigating the risk of tampering important data. People are granted access only when their identity is confirmed by the information stored in the database of the enterprise. Access control is the fastest growing segment, predicted to reach a market size of more than USD 5.5 billion during the forecast period.
Market segmentation of biometrics in workforce management by application
- Identification
- Access control
- Monitoring
Global biometric market in workforce management by technology
- Fingerprint identification
- Facial recognition
- Iris recognition
- Others
Key Vendors
- Bio Enable
- 3M
- M2SYS Technology
- Safran
- Suprema
For more information visit http://www.researchandmarkets.com/research/qmlznd/global_biometric
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Sector: Biometrics
