EEG and ECG Biometrics Market to Grow at CAGR of 12.37% 2016 and Forecast to 2020

Global EEG and ECG Biometrics Market 2016 Share, Trend, Segmentation and Forecast to 2020

PUNE, MAHARASHTRA, INDIA, July 22, 2016 /EINPresswire.com/ -- EEG biometric technology measures and records the electrical activity of the brain. These electrical patterns are analyzed for authentication and stored for further reference.
ECG is a diagnostic tool that helps assess the electrical activity of an individual's heart. When it is integrated with biometric solutions, it is used for authentication purposes as every individual has a different cardiac muscle movement and resultant electrical activity.
Biometric technology helps identify individuals on the basis of their physical or behavioral features. It involves the verification and identification of both physiological and behavioral traits. It forms an additional layer of security for data access and individual identification as it is difficult to impersonate or fool this technology

Technavio’s analysts forecast the global EEG and ECG biometrics market to grow at a CAGR of 12.37% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global EEG and ECG biometrics market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the sales of the EEG and ECG analysis solutions. These include sensors, scanners, software, hardware, integrated solutions, and databases of EEG and ECG solutions provided by vendors.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global EEG and ECG Biometrics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• iMotions
• NeuroKai
• NeuroSky

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Other prominent vendors
• B-Secur
• Interactive Video Productions
• Nymi
• Pinnacle Technology

Market driver
• High adoption in healthcare sector
• For a full, detailed list, view our report

Market challenge
• High cost of EEG and ECG biometric systems
• For a full, detailed list, view our report

Market trend
• Increasing need for advanced security in government sector
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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