Mercedes-Benz Faces Rising Competition in China but Rejects Price War Strategy 
Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges 
SK Hynix to Invest $13 Billion in AI Chip Packaging Facility 
Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting 
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window 
Daiichi Sankyo Stock Drops After Earnings Delay and Oncology Review 
PLS Reports Record Lithium Output as EV Demand Fuels Market Growth 
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma 
Hyundai Plans 20 New Models in China to Boost EV Strategy and Market Share 
Tesla Earnings Beat Expectations as EV Growth Holds Amid Robotics and AI Shift 
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
Kakaku.com Stock Surges on EQT Takeover Interest Amid Rising Japan Deal Activity 
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO 
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 
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
CONTACT: Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Biometrics
