Press release
Global Biometric Systems Market Size, Growth Analysis Report, Forecast to 2027
The global biometric systems market is anticipated to grow at a considerable CAGR of 12.4% during the forecast period (2021-2027). The demand for biometric systems with sensors of body temperature detection had dramatically increased during the COVID-19 pandemic as various industries and organizations across the globe have to follow COVID-19 guidelines. ZKTeco Europe, S.L had launched such products to meet this global demand. Similarly, AmpleTrails, Kintronics, Asmang, and many more companies had added such biometric systems to their product portfolio.(Get 15% Discount on Buying this Report)
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Such innovations and contactless technology will further drive the global biometric systems market during the forecast period. The market players are also using inorganic expansion strategies to extend their market reach. For instance, SECOM Co. had acquired ADT Alarm Monitoring Hong Kong Ltd. in February 2021. Similarly, companies are doing sales partnering with other companies, for instance, Suprema, Inc. had partnered with DVS Ltd. in November 2020 to expand its business in the UK market.
A Full Report of Global Biometric Systems Market is Available at: https://www.omrglobal.com/industry-reports/biometric-systems-market
Global Biometric Systems Market Report Segment
By Technology
Face Recognition
Fingerprint Recognition
Iris Recognition
Palm Print Recognition
Signature Recognition
Others
By Function
Contact-based
Contactless
Hybrid
By Authentication Level
Single-factor Authentication
Multi-level Authentication
By Function
Hardware
Software
By End-user
Banking & Finance
Home Security
Travel & Immigration
Military & Defense
Healthcare
Government
Others
Global Biometric Systems Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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