Biometric Vehicle Access System Market is driven by Multi-Factor Authentication for Vehicle Safety. - PowerPoint PPT Presentation

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Biometric Vehicle Access System Market is driven by Multi-Factor Authentication for Vehicle Safety.

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Biometric vehicle access system market is expected to grow from USD 0.44 billion in 2016 to USD 0.85 billion by 2021, at a CAGR of 14.06% from 2016 to 2021. – PowerPoint PPT presentation

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Title: Biometric Vehicle Access System Market is driven by Multi-Factor Authentication for Vehicle Safety.


1
Biometric Vehicle Access System Market by
Authentication type (Fingerprint, Voice), Future
Technology (Iris Recognition System), Vehicle
Type (Passenger Car, Battery Electric Vehicle),
and Region Global Forecast to 2021
www.MarketsandMarkets.com
2
Biometric vehicle access system market is
expected to grow from USD 0.44 billion in 2016 to
USD 0.85 billion by 2021, at a CAGR of 14.06
from 2016 to 2021. he market for fingerprint
recognition system is at the growth stage,
whereas the voice recognition system market is
recently introduced and a slowly growing market.
A fingerprint recognition system is a device that
thwarts any unauthorized entry into the vehicle
unless the correct fingerprint of the driver is
provided. 

3
Market Dynamics Opportunities Rising demand for
safety features and convenience. Advent of
concept cars and electric vehicles in the
automotive industry. Challenges Increased
connectivity would increase risk of cyber
attacks. Weather conditions might hamper the
functionality of biometric systems Request for
free Customization https//www.marketsandmarkets.
com/requestCustomizationNew.asp?id34162390 .
4
Browse gtgt 69 market data
tables 54 figures 133 pages
and in-depth TOC on Biometric Vehicle Access
System Market- Global Forecast to
2021 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
5
Biometric vehicle access systems comprise of
different mechanisms that use biometric
identification factors such as voice, iris, and
fingerprint to unlock the vehicle. Biometric
technology is an automated access monitoring
system, based on behavioral or physiological
characteristics, used for verification and
recognition of a manual access. Some of the
versions of this technology available for vehicle
access are fingerprint recognition systems, iris
recognition systems, and voice recognition
systems. Download our free PDF Brochure and gain
crucial industry insights that will help your
business grow https//www.marketsandmarkets.com/p
dfdownloadNew.asp?id34162390
6
  • Major Market Developments
  • In October 2016, Fujitsu announced development of
    a new technology that would utilise machine
    learning and image processing to analyze
    surveillance camera images of traffic. The
    company is planning to increase the accuracy and
    incidents recognizable with this technology.
  • In February 2016, EyeLock(subsidiary) has
    announced on a new iris identification technology
    to start the ignition of cars. EyeLocks
    technology looks at over 240 points in each eye,
    and the vehicle starts only after the scan is
    matched to the drivers iris template.
  • In March 2016, Nuance Communications ntroduced a
    Dragon Drive connected car platform and Nuance
    Mix voice platform. This technology would provide
    automakers with a set of capabilities to create
    intelligent and conversational voice experiences
    for cars.

7
Biometric Vehicle Access System Market Key
Players Safran S.A (France), Hitachi Ltd.
(Japan), Fujitsu Ltd. (Japan) Nuance
Communications (U.S). Request for
sample https//www.marketsandmarkets.com/requests
ampleNew.asp?id34162390
8
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com
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