Press release
Asia Pacific Biometrics Market Research 2020-2025: Profitable Customized Report
Asia Pacific Biometrics Market
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The growing incidences of security breaches are primarily driving the need for biometrics to ensure secured access control and reinforce the authentication process across numerous sectors in the region. Moreover, biometrics are widely adopted for attendance tracking and time monitoring in corporate and government organizations, particularly across Japan, China, Bangladesh, India, etc. Several technological advancements have led to the rapid integration of biometric components with smartphones, wearables, and modern vehicles for security purposes in the region. Furthermore, the growing adoption of artificial intelligence (AI) for creating a personalized user experience and developing a reliable authentication process is further expected to propel the market for biometrics in the Asia Pacific 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.
If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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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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