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Latin America sees growth in surveillance market
The Latin American video surveil-
lance equipment market is forecast
to see annual average growth rates
of over 14%. This is despite ongo-
ing economic uncertainty and civil
unrest in Brazil, Latin America's
largest economy according to
recently published estimates from
IHS Inc.
The Brazilian market remains
the largest, accounting for 40%
of revenues in Latin America and
is characterised by the presence of
numerous strong local suppliers;
in fact local suppliers account for
5 of the largest 10 suppliers of
video surveillance equipment to
Brazil. The total Latin American
market for CCTV and video sur-
veillance equipment is estimated
to have been worth $565.3 million
in 2013.
Other key notes from the
report find that Chile and Peru
are expected to see strong growth
over the next five years. Both
markets have been hailed as very
business friendly with some of the
lowest levels of import duties in
Latin America. Moreover, a stable
economic outlook and a flourish-
ing mining sector are expected to
attract future foreign investment.
In addition the analysts suggest
that the overall market has tipped
in favour of network equipment
(by supplier revenues) for the first
time, despite the large focus on
analogue equipment that exists in
many regions.
The research company com-
pany concludes that supply to the
Latin America market is not as
fragmented as that of other geo-
graphic regions and that the top
15 suppliers accounted for 68.5%
of the market in 2013.
Fingerprint sensor market to surpass $14 B
According to a new market
research report, the fingerprint
sensor market is projected to cross
$14.35 Billion by 2020, growing
at a high CAGR of 16.8% from
2014 to 2020.
The new report, published
earlier this month by Market-
sandmarkets is entitled, "Fin-
gerprint Sensors Market by
Type (Swipe And Area), Mate-
rial (Optical Prism, Pizeoelec-
tric, Capacitive,and Adhesives),
Application (Mobile Devices,
Government, Defense, Healthcare,
Commercial Security and Bank-
ing & Finance), and Geography
Global Trends & Forecasts to
2014-2020".
Today, using biometrics for
authentication purpose provides
greater convenience and reliabil-
ity. Fingerprint sensors are the
leading biometric technology in
consumer electronics, equipped
with a secured authentication
system. In recent times, smart-
phones, tablets, and PDAs are
becoming the most indispensable
gadget of our everyday lives.
Fingerprint sensors enable fast,
secure, and reliable access to
smartphones as huge amounts
of personal information like
contacts, payment details, texts,
location data, and mails are stored
in some kind of encrypted form
on the phone.
The fingerprint sensors are
having wide application not only
in mobiles but also in areas such
as government, criminal iden-
tification, defence, travel and
migration, banking and finance,
healthcare, smart homes, and com-
mercial security.
The fingerprint sensor market
is segmented into five categories
that include materials used, sensor
types, biometric types, application,
and geography. This report divides
the overall market into four main
geographical segments, namely
North America, Europe, APAC,
and ROW. APAC is currently the
highest contributor in terms of the
market growth as compared to the
other regions.
The leading companies in the
fingerprint sensor market covered
in the report are Authentec Inc.
(owned by Apple, Inc.), Synaptics
(U.S.), Fingerprint Cards AB
(Sweden), Idex ASA (Norway),
Next Biometric (Norway), Atmel
Corporation (U.S.), Fujitsu Ltd
(Japan), Bio-key International
Inc. (U.S.), 3M (U.S.), Infineon
Technologies AG (Germany), and
Fulcrum biometrics (U.S.), among
others.
NFC market to reach $16B
According to a new market re-
search report entitled, "Near
Field Communication (NFC)
Market by Product (IC/Chips,
Tags, Readers, and Auxiliary),
Application (Payment, Transpor-
tation, Booking, Data Sharing,
Service, Access Control, Health
Care, and Tag applications) & by
Geography Global Forecasts to
2022", published by Marketsand-
markets, the total NFC market
is expected to reach $16.25
Billion by 2022 at an estimated
CAGR of 8.83% from 2014
to 2022.
Researchers at Marketsand-
markets conclude that the NFC
market is expected to flourish in
the near future. The report also
includes an in-depth analysis of
the products, applications, and
geography. The NFC is a very
dynamic market and entails
a great potential across many
industry verticals. The advance-
ments in technology due to the
never ending R&D in this sector,
makes it one of the prominent
segments in the current industrial
scenario. The NFC products have
been experiencing continuous
developments right since their
inception. The technology has a
major role to play in this sector
due to the cost effective matrix,
and this results into a longer life
cycle of products and systems,
along with greater reliability. The
highlighting features of the NFC
technology include high rate
of communication with other
NFC-enabled devices, better
properties to withstand rough
environmental conditions, and a
longer life that is best suited for
the payment, ticketing, booking,
and data sharing applications.
Americas is the largest geogra-
phy in terms of the NFC market
value, with the U.S leading the
way. APAC (Asia Pacific) has been
identified as the fastest growing
region and a leader in the NFC
technology devices. Europe also
has a very promising market,
comprising Germany and the
U.K., while the ROW also bestows
an impetus to the growth of this
market. The report profiles 10
promising players in the NFC
market ecosystem.
The competitive landscape of
the market presents a very interest-
ing picture, where a large number
of small players have become
forces to reckon with. The market
is witnessing large scale collabora-
tions and partnerships across the
value and supply chain, among the
number of tier-one players around
the globe.
According to the research, the
major players in this field include
Broadcom (U.S.),Gemalto (Neth-
erlands), Inside Secure (France),
Infineon Technologies (Germany),
MediaTek (Taiwan), NXP Semi-
conductors (Netherlands), Renesas
Electronics Corporation (Japan),
Samsung Electronics Corporation
(South Korea), STMicroelectron-
ics NV (Switzerland), and Texas
Instruments (U.S.).
The fingerprint sensor market is projected
to cross $14.35 Billion by 2020, growing
at a high CAGR of 16.8% from 2014
to 2020.
The total Latin American
market for CCTV and
video surveillance
equipment is estimated
to have been worth
$565.3
million in 2013.