Biometrics in Hospitality Market Witness Highest Growth in Near future| Leading Key Players: 3M Cogent, Crossmatch, FUJITSU, M2SYS, NEC
ReportsWeb Adds “Global Biometrics in Hospitality Market Size Status and Forecast 2025” The objective of the report is to define, describe, and forecast the size on the basis of technologies, stages, components, applications, deployment types, organization size, industry types, and regions.
Global Biometrics in Hospitality Market Size Status and Forecast 2025
This report studies the global Biometrics in Hospitality market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Biometrics in Hospitality market by companies, region, type and end-use industry.
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Companies Profiled in this report includes: 3M Cogent, Crossmatch, FUJITSU, M2SYS, NEC
Hospitality operators are being encouraged to consider greater use of biometrics and other forms of technology as new research shows facial recognition, virtual assistants, wearable technology and virtual reality are proving popular among consumers.
With the increase in cases of time theft, data theft, and other criminal activities in the hospitality sector, the demand for security technologies including a highly reliable and accessible personal authentication and identification systems has increased. Biometrics has emerged as a suitable security and monitoring solution to meet this need as it is based on the behavioral and physiological characteristics of an individual, which is difficult to replicate. Biometrics in the hospitality sector is seen as the most accurate and reliable system because it eliminates manual inputs, identity card exchange, and time theft.
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North America dominated the market during 2015, accounting for a market share of around 40%. The increased acceptance of biometrics in the hospitality sector for time and attendance monitoring, access to PCs, networks, and servers, control access to restricted areas, and limit access to critical data has been driving the market growth in this region. This region is expected to retain its market leadership until the end of the forecast period due to an increase in instances of security breaches in the hospitality sector such as terrorist attacks and bombings.
In 2017, the global Biometrics in Hospitality market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The study objectives of this report are:
To study and forecast the market size of Biometrics in Hospitality in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Content:
Global Biometrics in Hospitality Market Size, Status and Forecast 2025
1 Industry Overview of Biometrics in Hospitality
2 Global Biometrics in Hospitality Competition Analysis by Players
3 Company (Top Players) Profiles
3.1 3M Cogent
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Biometrics in Hospitality Revenue (Million USD) (2013-2018)
3.2 Crossmatch
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Biometrics in Hospitality Revenue (Million USD) (2013-2018)
3.3 FUJITSU
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Biometrics in Hospitality Revenue (Million USD) (2013-2018)
3.4 M2SYS
4 Global Biometrics in Hospitality Market Size by Type and Application (2013-2018)
5 United States Biometrics in Hospitality Development Status and Outlook
6 Europe Biometrics in Hospitality Development Status and Outlook
7 China Biometrics in Hospitality Development Status and Outlook
8 Japan Biometrics in Hospitality Development Status and Outlook
9 Southeast Asia Biometrics in Hospitality Development Status and Outlook
10 India Biometrics in Hospitality Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2025)
12 Biometrics in Hospitality Market Dynamics
13 Market Effect Factors Analysis
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