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Global Biometric in Automotive Market Growth, Size, Share, Industry Report and Forecast 2021-2027

12-01-2021 08:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global biometric in automotive market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Biometric in automotive is defined as a system that works on various biometric scanners, authenticators and enables personalized technology that is integrated into automobiles to operate the system of the vehicle and elevates the efficiency and safety of driver with the vehicle. In automotive, the biometric system includes multimedia, contacts, playlists, and preferred apps access over a sensor-based navigation technology that is implemented in a vehicle to access their function on the basis of biometric solutions.

The increasing regulations and awareness for safety concerns regarding drivers and passengers in the vehicle are expected to flourish the growth of the market. Rising government initiatives and investments in the automotive sector with advancements in technologies are further anticipated to boost the global biometric in automotive market. Additionally, the gradually increasing adoption of autonomous vehicles and electric vehicle is projected to drive the growth of the market during the forecast period.

To Request a Sample of our Report on Global Biometric in Automotive Market: https://www.omrglobal.com/request-sample/biometric-in-automotive-market

Besides, among others are some major key players in the global biometric in automotive market that adopted various strategies including- product launches, market expansion, research & developments, mergers & acquisitions, and others to witness exponential growth for the market. In September 2020, Cerence announced a collaboration with BJEV. The acquisition is to deploy a personalized and intelligent voice assistant experience in the vehicle with a speech-enabled application. These applications were installed in BJEV ARCFOX electric SUV and the infotainment experience is powered by Cerence that is anticipated to drive their product portfolio.

Market Coverage

· The market number available for – 2020-2027

· Base year- 2020

· Forecast period- 2021-2027

· Segment Covered-

· By Type

· By Scanner Type

· Competitive Landscape- Synaptics Inc., Fujitsu Ltd., Continental AG, Assa Abloy AB, and others.

Key questions addressed by the report

· What is the market growth rate?

· Which segment and region dominates the market in base year?

· Which segment and region will project fastest growth in the market?

· How COVID-19 impacted the market?

· Recovery Timeline

· Deviation from pre-COVID forecast

· Most affected region and segment

· Who is the leader in the market?

· How players are addressing challenges to sustain growth?

· Where is the investment opportunity?

(Get 15% Discount on Buying this Report)

A full Report of Global Biometric in Automotive Market is Available at: https://www.omrglobal.com/industry-reports/biometric-in-automotive-market

Global Biometric in Automotive Market Report Segment

By Type

· Hardware

· Software

By Scanner Type

· Fingerprint Recognition

· Iris Recognition

· Palm Recognition

· Facial Recognition

· Voice Recognition

· Others Scanner Types

Global Biometric in Automotive Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/biometric-in-automotive-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
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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