Published on : Oct 16, 2019
Albany, New York, October 16, 2019: The rising threats of frauds in transactions and data security breaches are increasing the requirement for better personal verification technologies on a global scale. The technologies involving biometrics parameters are being widened in numerous end use fields such as prison security, forensics, and criminal identification.
Biometrics are used for authentication applications such as sign ons, network access, remote access, and more. These applications have become essential as the global economy as trust on electronic transactions have penetrated deeply into all aspects of human life.
These insights are derived from the intelligence report, titled, “Biometrics Extended by Affective Computing: Technologies and Global Markets” which has been added recently to the Market Research Hub’s (MRH) ever-expanding repository.
Affective computing is largely at a nascent stage in biometrics systems. This trait involves the development of biometric devices and systems which are capable of identifying, processing, interpreting, and mimicking human affects.
With the increasing scope of affective computing, biometrics systems are expected to find increased potential applications, particularly in the area of social monitoring. This involves the study of the human’s emotions in real time, and giving out appropriate responses or warnings on the basis of weather a person is angry, sad, happy and more.
Consequently, the use of affective computing for biometrics for business based or mass market applications are rising, at an incremental rate. The rate of adoption is slower in critical security systems for businesses. However, segments such as applications in voice response systems are rising faster.
Biometrics and Affected Computing: Report Content
The report comprises an analysis to support the report on the biometrics market. In addition, the report strongly focuses on the various facets in the market that are expected to have an impact on the biometrics industry in various scenarios. Some of these factors include, drivers, restraints, opportunities, and trends. Further, the report also focuses on the segmentation of the market that provides an analysis on the global biometrics industry.
Furthermore, the report accurately describes benchmarking standards that are aimed at assessing product performance, solutions, and business processes. Benchmarking also focuses on the performances of rival companies, with the aim of improving on performance.
The analysis of the competitive scenario of the biometrics market counts on Porters’ Five Force Analysis. It offers an analysis on the potential strategies of the players in the biometrics industry. The business strategies depends upon product portfolios, company profile, recent developments, key differentiation, and SWOT analysis.
Biometrics and Affected Computing: Research Methodology
The report on biometrics industry relies on primary research and secondary research that offers intelligent insights on the market. Nevertheless, the report focuses on authentic and unbiased sources that have had a substantial impact in the preparation of the report. On the other hand, the report also relies upon primary sources that are developed through analysis from experts, telephonic interviews, and detailed analysis from analysts, and surveys. In addition, the secondary sources of data incorporates EC filings, trade journals, press releases, databases and government websites.
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