Press release
Next Generation Biometrics Market 2021 - 2027: Top Glory Tech, BaziFIT, HYPR, Fingerprint Cards AB
The Global Next Generation Biometrics Market Report Forecast 2021 - 2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The next generation biometrics market has registered a CAGR of 35.53%, during the forecast period (2021 -2026).
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Top Key Players in the Global Next Generation Biometrics Market: Top Glory Tech, BaziFIT, HYPR, Fingerprint Cards AB, Vistek, Hanwang, ZKTeco, Watrix, Neuromore, LaForge Optical, OMSignal, Sekg, Auraya Systems, BehavioSec, Facebanx, Cross Match Technologies, B-Secur, AnchorID
Market Segmentation:
By Type, the Next Generation Biometrics market is segmented into:
Face Recognition
Fingerprint Recognition
Iris Recognition
Palm Print Recognition
Signature Recognition
Other
By Application, the Next Generation Biometrics market is segmented into:
Banking and Financial Service
Home Security
Travel and Immigration
Defense
Healthcare
Government
Others
Key Market Trends
Banking and Financial Industry to be the Fastest-growing Sector
- Major Banks are rolling out biometric authentication. JP Morgan Chase, Bank of America and Wells Fargo allow their customers to log in to mobile banking via fingerprint authentication.
- Voice authentication is also deployed in bank call centers to identify customers. Next-generation biometric authentication can improve customer satisfaction by eliminating the need for passwords and as a result, increase the demand for the adoption of biometrics in the banking sector.
- Wells Fargo is working on a payment solution that will make use of the voice of its customers to authenticate transactions and access services. While other banks and financial institutions still have a limited approach toward voice biometrics and use it only to let customers access information, like account balance, etc., Wells Fargo took the step to use voice biometrics to authenticate payments.
Regional Analysis:
The report offers an in-depth assessment of the growth and other aspects of the Next Generation Biometrics market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Influence of the Smart Band Market report:
-Comprehensive assessment of all opportunities and risks in the Next Generation Biometrics Market.
- Next Generation Biometrics Market recent innovations and major events.
-A Detailed study of business strategies for the growth of the Next Generation Biometrics Market-leading players.
-Conclusive study about the growth plot of Next Generation Biometrics Market for forthcoming years.
-In-depth understanding of Next Generation Biometrics Market -particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Next Generation Biometrics Market.
Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Next Generation Biometrics Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Next Generation Biometrics Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2015 to 2020 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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Post Covid-19 Analysis:
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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