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Brazil Biometrics Market is Projected to reach $1.3 billion by 2020, Find New Report

Brazil biometrics market is emerging as one of the fastest growing biometrics markets in the global landscape. Though, the market is still in the nascent stage but is anticipated to gain tremendous growth over the next five years. Increasing security spending, IT spending, rising security concerns, data theft, international sporting events, and government projects are spurring the demand for various biometrics technologies in Brazil.

Brazil Biometrics Market is projected to reach $1.3 billion by 2020. Declining prices, sporting of international events such as FIFA World Cup’2014 and Olympics’2016, increasing private investments, increasing government security spending, growing IT/ITeS, BFSI and hospitality segments are some of the main contributing factors driving the growth of biometrics in Brazilian market.

In Brazil’s biometrics market, international players have dominated the market due to lack of local manufacturing of these systems in domestic market. However, in the forecast period, as the demand for these devices increases more number of local manufacturers would to step up in the market.

Key Highlights of the Report

  • Market Dynamics including Drivers, Restraints, Opportunities in Brazil Biometric Systems Market
  • Historical Market Revenue & Volume trends for Brazil Biometrics Market  (2010 – 2013)
  • Market Volume and Revenue Trends of various Technologies
  • Market Revenue Trends of End User Industries
  • Market Volume and Revenue Forecast and Estimations by technologies until 2020
  • Market Revenue Forecast and Estimations by End User Industries until 2020
  • Market Revenue Trends and Forecast by Regions until 2020
  • Market Trends
  • Overview of Value Chain
  • Porter’s Five Forces Analysis
  • Price Point Analysis
  • Company-Wise Market Share

Spanning over 92 pages, “Brazil Biometrics Market (2014-2020): Market Forecast By Technologies (Fingerprint, Face, Iris, Hand, Voice and Signature), Applications (Government, Security, Travel & Transportation, Banking & Finance, Healthcare and Consumer Electronics) and Regions” report Covering the Executive Summary, Introduction, Market Overview, Market Dynamics, Market By Type, Market By Industry, Market By Region, Competitive Landscape, Outlook, Appendix.

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