Emergen Research has recently published a new report on the Global Biometrics Market that offers key insights about the regional and global scope of the Biometrics market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period.

The global biometrics market size reached USD 43.54 Billion in 2021 and is expected to register a revenue CAGR of 14.8% during the forecast period, according to latest analysis by Emergen Research. Increasing need for more convenient and fast authentication mode and increasing need for easy-to-operate and user-friendly security systems are some key factors projected to support market revenue growth between 2022 and 2030. In addition, increasing need for high level of security in banking and finance and defense sectors is expected to continue to drive revenue growth of market going ahead.Biometrics provides increased levels of security to providers whether a person is real by verifying identity using several methods such as face recognition, voice recognition, signature recognition, iris recognition, fingerprint recognition, and hand geometry recognition, among others. Biometric authentication road-blocks for fraudsters, allowing only authorized user access. In addition, increasing need for minimizing data breaches and reducing chances of cyber-attacks is expected to boost demand for biometric systems. Furthermore, increasing need for biometric systems to deliver highest level of accuracy, security, and efficiency in various processes such as access control, customer onboarding, fraud prevention, loss prevention, time and attendance, forensic investigation, background checks, border security, and government benefit provision are some other key factors expected to drive market revenue growth during the forecast period.

The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

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It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The report also discusses the key players involved in the market such as Leidos Holdings, Inc., Gemalto N.V. (3M Cogent), NEC Corporation, Fujitsu Ltd., ImageWare Systems, Inc., BioEngagable Technologies Pvt. Ltd, Mobbeel Solutions, S.L.L., M2SYS Technology - KernellÓ Inc., SIC Biometrics, Precise Biometrics, BioID AG, IriTech, Inc., IDEMIA France SAS, Aware, Inc., and Fulcrum Biometrics, LLC

Additional information offered by the report:

  • Along with a complete overview of the global Biometrics Market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Biometrics Market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key Market contenders.

The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Biometrics Market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.

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You need to discover how this will impact the Biometrics Market today, and over the next 10 years:

  • Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them – Now.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Biometrics market expected to boost the growth of the industry in the coming years.

Biometrics Market Segmentation:

  • Technology Outlook (Revenue: USD Billion; 2017-2027)

    • Facial Recognition
    • Fingerprint Recognition
    • Voice Recognition
    • Palm Recognition
    • Iris Recognition
    • Others

  • Industry Vertical Outlook (Revenue: USD Billion; 2017-2027)

    • Government and Defense
    • Healthcare and Life Sciences
    • Law Enforcement
    • Human Resources
    • Retail and E-commerce
    • IT and Telecommunication
    • Banking, Financial services, and Insurance (BFSI)
    • Others

  • Applications Outlook (Revenue: USD Billion; 2017-2027)

    • Site Access Control
    • Time Recording
    • Mobile Application
    • Web and Workplace
    • Others

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/biometrics-market

Highlights of Table of Contents (TOC):

  • Overview of Global Biometrics Market
  • Competitive analysis of the Biometrics Market
  • Regional analysis of Global Biometrics Market production and revenue
  • Regional analysis of Global Biometrics Market supply, consumption, and export & import
  • Type-based market analysis of global Biometrics production, revenue, and price trends
  • Application-based analysis of the global Biometrics Market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Biometrics Market
  • Conclusion of the research report
  • Appendix

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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