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    Technavio

    News stories featuring Technavio:

    Wearable security market to reach $5.74bn by 2021

    February 14th, 2017

    The global wearable security devices market is expected to reach US$5.74bn by 2021, Technavio research shows. The market will grow between 2017 and 2021 at a compound annual growth rate (CAGR) of “close to 19% during the forecast period,” the company says. “The increased adoption of Internet of Things to manage the physical assets of an organisation is one of the key drivers of the market.”

     

    Mobile ticketing market to see major growth

    June 2nd, 2016

    The global mobile ticketing market is expected to grow at a compound annual growth rate (CAGR) of around 16% between 2016 and 2020, according to Technavio. “In 2015, EMEA dominated the global mobile ticketing market by accounting for around 42% of the overall market share,” the firm says. “The QR and barcodes segment accounted for around 50% of the market in 2015 to become the dominant shareholder.”

    Mobile biometrics market to see major growth

    May 31st, 2016

    The global mobile biometrics market will grow at a compound annual growth rate (CAGR) of more than 103% between 2016 and 2020, research from Technavio predicts. “The increase in the adoption of mobile devices for financial transactions is the primary driver for the market,” the firm says.

    Vein recognition market to grow 27% a year

    October 6th, 2015

    The global vein recognition biometrics market in the banking, financial services and insurance (BFSI) sector is set to grow at a compound annual growth rate (CAGR) of 27.83% from 2014-2019, research firm Technavio predicts. “Vein recognition biometrics is gaining importance in the BFSI sector for applications such as logical access control, physical access control, mobile banking, branch banking, kiosks, ATM and safe deposit locker,” the company adds.

    NFC chip market to rise 50.6%

    August 26th, 2015

    The global NFC chip market will grow at a compound annual growth rate (CAGR) of 50.6% by volume over the period 2014-2019, analysts from market research firm Technavio predict in the company’s ‘Global NFC Chips Market 2015-2019’ report.

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