Press release
Europe Biometrics Market Research 2020-2025: Profitable Customized Report
Europe Biometrics Market
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The rising security concerns have led to increased use of biometrics in the European defense and military sector to track criminal activities and facilitate access control in sensitive departments. Additionally, the technology's growing utilization to establish an indisputable audit trail and strengthen accountability against internal threats also bolsters the market growth. Moreover, the digitization of several products and services in numerous industries, along with the increasing incidences of security breaches, also provide a thrust to the market growth. Furthermore, the coronavirus disease (COVID-19) outbreak has increased the demand for touchless biometric solutions in temperature detection and access control systems, consequently driving the growth of the market in the region. Looking forward by IMARC group, the market is expected to continue its robust growth during the forecast period (2020-2025).
Breakup by Technology:
• Face Recognition
• Hand Geometry
• Voice Recognition
• Signature Recognition
• Iris Recognition
• AFIS
• Non-AFIS
• Others
Breakup by Functionality:
• Contact
• Non-contact
• Combined
Breakup by Component:
• Hardware
• Software
Breakup by Authentication:
• Single-Factor Authentication
• Multifactor Authentication
Breakup by End User:
• Government
• Defense Services
• Banking and Finance
• Consumer Electronics
• Healthcare
• Commercial Safety and Security
• Transport/Visa/Logistics
• Others
Competitive Landscape with Key Player:
• Accu-Time Systems
• BIO-Key International
• Cognitec Systems
• Fujitsu Limited
• 3M Cogent
• IDTECK
• NEC Corporation
• Siemens AG
• RCG Holdings
• Suprema
• Lumidigm
• IrisGuard
• Daon
• DigitalPersona
• Morpho SA (Safran)
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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