Press release
Global Biometric Technology Market to Grow at 11.0% between 2020 and 2026
In the latest report, titled "Global Biometric Technology Market Size, Status and Forecast 2020-2026", analysts have done a comprehensive analysis of the global biometric technology industry. In 2019, the market size for Biometric Technology was valued at US$ 5489.7 Mn and it is anticipated to attain a value of US$ 11490 Mn by 2026 end, registering a CAGR of 11.0% from 2020 to 2026.To request a sample copy of the report: https://www.qyresearch.com/sample-form/form/1529577/global-biometric-technology-market
Growing Concerns over Security to Boost Demand for Biometric Technology
Growing concerns over security are likely to increase the application of Biometric Technology across varied sectors. Research and development in this field may offer growth opportunities for the Biometric Technology market in coming years. Also, government initiatives to mandate the usage of biometric technology are positively influencing the growth of the market. Nevertheless, high cost of the technology may hamper the growth of the market.
Fujitsu Launches AuthConductor V2 Security Solution
The report has mapped the complete profiling of the key players involved in the Biometric Technology market including 3M Company (Cogent Systems, Inc.), ImageWare Systems, Inc., Fujitsu Frontech Limited, Suprema, Inc., secunet Security Networks AG, Safran S.A., Thales S.A., NEC Corporation, BIO-key International, Inc., and Precise Biometrics.
For instance, in 2019, Fujitsu launched the "AuthConductor V2", which is a security solution that makes use of various authentication methods, comprising palm vein authentication. It can offer comprehensive biometric authentication support for the customers. The company is also planning to expand the availability of the solution across the globe by the end of fiscal year 2020.
Biometric Technology to help Public Sector Address Data Security and Privacy Concerns
As far as the application is concerned, the market for Biometric Technology is segregated into Public sector, Banking & financial sector, Healthcare, IT & telecommunication, and others (hospitality, retail, automotive). Biometric Technology is gaining traction in the public sector as the technology helps the sector in handling data security and privacy issues. Moreover, with the help of Biometric Technology, the sector can ensure fair distribution of services and resources.
Biometric Technology Based on Physical Characteristics to Gain Traction
Based on the type, the Biometric Technology market is segregated into Based on physical characteristics, Based on behavioral characteristics, and others. Increasing adoption of face recognition and fingerprint recognition across varied end-use industries is driving the Based on physical characteristics segment.
Awareness Regarding Biometric Technology to Aid Market Growth in APAC
The APAC region might prove rewarding for the companies associated with Biometric Technology. The reason being growing awareness and surge in the initiatives among the developing nations like India. Early adoption of advanced technology may boost the growth of the Biometric Technology market in North America. Moreover, widespread usage of biometric technology across varied sectors in the US could also stimulate the market growth in this region.
Recent published articles:
https://sf.storeboard.com/blogs/technology/what-are-the-features-and-benefits-of-vr-and-ar/1826629
https://www.completeconnection.ca/article-submission-sites/
https://www.completeconnection.ca/microblogging-sites/
https://www.completeconnection.ca/oils-for-broken-bones/
https://www.completeconnection.ca/file-sharing-sites/
https://www.completeconnection.ca/image-sharing-sites/
https://www.completeconnection.ca/the-10-most-useful-plugins-for-twitch-gamers/
https://www.completeconnection.ca/5-amazing-ways-technology-brings-people-closer/
https://www.completeconnection.ca/write-for-us/
https://www.completeconnection.ca/classified-submission-sites/
https://www.completeconnection.ca/search-engine-submission-sites-list/
http://www.tanews.us/chrismcdonald/increased_regulatory_approvals_drive_the_global_contrast_medium_injector_market
http://www.corrections.com/events/9180
https://quickbooks.intuit.com/learn-support/user/viewprofilepage/user-id/903057
https://murmur.csail.mit.edu/thread?group_name=onlinelatestarticles&tid=20414
http://community.swnews4u.com/blogs/detail/52916/
https://gumroad.com/chrismcdonald/p/is-florida-ending-permanent-alimony-f7d45894-ccc6-47f0-9361-226d4c88a279
https://iway.rosemont.edu/ICS/Campus_Life/Campus_Groups/Organization_of_African_American_Students/Home.jnz?portlet=Discussion_Board&screen=PostView&screenType=change&id=b1994755-589b-4a74-bf71-4738970bf513
https://my.mac.edu/ICS/Campus_Life/Campus_Groups/MacMurray_College_Choir/Discussion.jnz?portlet=Forums&screen=PostView&screenType=change&id=a6a1ca91-9cf2-4ad8-ae2f-e8dcd52b8cf5
https://griffingate.setonhill.edu/ICS/Academics/SSW/SSW__440/0809_FA-SSW__440-01/Blog_13.jnz?portlet=Blog_13&screen=View+Post&screenType=next&&Id=31ba63ff-e6e0-4bd8-a1d7-0ea4c1e4336f
https://lwccareers.lindsey.edu/employers/415262-completeconnection-ca
https://jobs.aacc.nche.edu/employers/415269-completeconnection-ca
https://careers.brevard.edu/employers/415274-completeconnection-ca
https://my.dbq.edu/ICS/Campus_Life/Campus_Groups/Web_Of_Life/Discussion.jnz?portlet=Forums&screen=PostView&screenType=change&id=edccb200-53c0-4227-b345-a916b187b64f
https://mydu.dom.edu/ICS/Resources/Offices_-_Departments/Welcome_and_Information_Desk/ELS_-_English_Language_School/Blog_5.jnz?portlet=Blog_5&screen=View+Post&screenType=next&&Id=5875a4d1-4638-42c4-bdbc-46a366cb28c4
https://centrenet.centre.edu/ICS/New_Campus_Life/Student_Organizations/Campus_Groups/PreHealth_Society/Discussion.jnz?portlet=Forums&screen=PostView&screenType=change&id=19562069-8ded-45bb-a9c5-e6588815d7ba
QY Research, INC.
17890 Castleton, Suite 218,
Los Angeles, CA - 91748
USA: +1 626 428 8800
China: +86 1082 945 717
Japan: +81 9038 009 273
India: +91 9766 478 224
Emails - enquiry@qyresearch.com
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Biometric Technology Market to Grow at 11.0% between 2020 and 2026 here
News-ID: 1983482 • Views: …
More Releases from Write For Us - www.completeconnection.ca
Top 10 Mobile Phones of 2020
SAMSUNG GALAXY NOTE 9
For several months in previous years, SAMSUNG GALAXY NOTE 8 has been a leader. However, in the end it was overtaken by the iPhone X, and after that also by the HUAWEI P20 PRO. With the advent of the Galaxy Note 9, Samsung is once again the leader in the market again.
Compared to the Galaxy Note 8, the new Note 9 stands out with S Pen support…
Controlled and Slow Release Fertilizers Market Grows as Demand in India and Chin …
Controlled release and slow release fertilizers fall in the category of improved-efficiency fertilizers as the former are coated products and the latter are non-coated products. Given the application of CRFs and SRFs in niche market such as nurseries, agriculture, lawn, golf courses and green house, China and India are set to witness a rapid growth spurred by its dominance in agriculture. Further, the urge to augment crop yield, fertilizer efficacy…
YouTube enters the Nintendo Switch platform
Since its release, Nintendo Switch has sold more than 22 million units . The company plans to sell another 20 million switches this fiscal year.
However, Nintendo does not seem to be focused on promoting the development of non-gaming applications.
Also Read: https://www.completeconnection.ca/seo-for-youtube/
So far, only Hulu has introduced the Switch version. Today, however, YouTube has joined the ranks. Switch user can here to download the YouTube app. It's also worth noting that…
Asthma Spacers Market: North America and Europe to Procure Major Share
Asthma is a chronic respiratory condition that affects millions of people around the world. Aerosol drug delivery is the first line administration route in asthma management, and metered dose inhalers (MDIs) are the most common type of inhalers used in asthmatic conditions. However, poor inhalation techniques have led to poor control of asthma. Valve holding chambers/spacers are designed to counter the problem. A spacer, usually attached with an MDI, is…
More Releases for Biometric
Global Biometric Service Market Size by Application, Type, and Geography: Foreca …
According to Market Research Intellect, the global Biometric Service market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The biometric service market is witnessing rapid growth, fueled by increasing demand for advanced security solutions across various…
Prominent Biometric Cards Market Trend for 2025: Revolutionizing Payment Securit …
What market dynamics are playing a key role in accelerating the growth of the biometric cards market?
The burgeoning expansion of contactless payment systems is anticipated to spur the development of the biometric card market in the future. Contactless payment systems provide a secure means for consumers to purchase goods or services using their debit, credit, or smart cards by exploiting radio frequency identification (RFID) technology or near-field communication (NFC). The…
Prominent Biometric Sensor Market Trend for 2025: Pioneering Product Innovation …
Which drivers are expected to have the greatest impact on the over the biometric sensor market's growth?
The spike in identity theft incidents is predicted to bolster the expansion of the biometric sensor market. Identity theft involves the stolen personal data such as social security numbers, bank account or credit card details. Biometric techniques address all critical aspects of authentication, non-repudiation, confidentiality, and integrity, contributing substantially to curbing and extinguishing identity…
Key Biometric Cards Market Trend for 2025-2034: Revolutionizing Payment Security …
What Is the Future Outlook for the Biometric Cards Market's Size and Growth Rate?
In recent times, the size of the biometric cards market has expanded swiftly. Its growth is anticipated to soar from $13.03 billion in 2024 to reach $15.36 billion in 2025, with a compound annual growth rate (CAGR) of 17.9%. The surging growth during the historical span can be credited to enhanced security requirements, escalating concerns regarding fraud,…
Biometric Workforce Management Market Will Hit Big Revenues In Future | IDEMIA, …
Advance Market Analytics added research publication document on Worldwide Biometric Workforce Management Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Biometric Workforce Management market. The study provides valuable market size data for historical (Volume** & Value) from 2019 to 2022 which is estimated and forecasted till…
Biometric ATM Market Growing Penetration and Adoption of Voice Biometric Solutio …
The global biometric ATM market size is expected to be valued at US$ 1,960.5 million in 2022 and grow at a CAGR of 30.3% over the forecast period. Biometric ATMs are self-service automated teller machines (ATMs), or cash machines, that use a biometric measure to identify customers and allow them to withdraw cash. Biometric authentication may be the only customer identifier used, or it may be used in conjunction with…
