Global Biometric Market Size, Status and Forecast 2024-2031

Report ID: 954873 | Published Date: Sep 2024 | No. of Page: 118 | Base Year: 2023 | Rating: 5 | Webstory: Check our Web story

Biometric system is a technology that uniquely identifies biological traits such as fingerprints, hand geometry, voice waves, DNA, signatures, earlobe geometry, and retina & iris patterns. Increase in application of biometric technology for better security purpose in airports, automobiles, offices, personal gadget, and others has led to significant market growth.

In 2021, the global Biometric market size will be US$ 16390 million and it is expected to reach US$ 34480 million by the end of 2027, with a CAGR of 13.2% during 2021-2027.
This report focuses on the global Biometric status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Biometric development in North America, Europe, Japan, China, Southeast Asia, India, etc.

Global Biometric Scope and Market Size
Biometric market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Biometric market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Voice Recognition
Iris Recognition
Fingerprint Biometrics
Facial Recognition
Others

Segment by Application
Automotive
Banking and Financial Service
Government Agency
Healthcare Industry
Mobile devices
Others

By Region
North America
Europe
Japan
China
Southeast Asia
India

By Company
Suprema
NEC
Safran
Infineon Technologies
CrossMatch Technologies
Fulcrum Biometrics
Synaptics
Techshino
BioEnable
Miaxis
Agnitio
American Safety Council
Bioid
Nuance Communications
OneValult

Frequently Asked Questions
Biometric report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Biometric report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Biometric report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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