Biometric Technology Market Report 2022-2027 | Size, Share, Growth, Trends, Competitive Landscape, Revenue, Forecast - 3M Company (Cogent Systems, Inc.), Fujitsu Frontech Limited
In accordance with the Biometric Technology market is set to grow at a CAGR of 13.5% over a forecast period (2022-2027).
Top Players Analysed in the Report are:
3M Company (Cogent Systems, Inc.), Fujitsu Frontech Limited, ImageWare Systems, Inc., Suprema, Inc., Safran S.A., secunet Security Networks AG, Thales S.A., BIO-key International, Inc., NEC Corporation, Precise Biometrics
3M’s largest acquisition to date was in 2019, when it acquired Acelity for $6.7B. It’s largest disclosed sale occurred in 2019, when it sold Kindeva Drug Delivery to Altaris Capital Partners for $650M. 3M has acquired in 22 different US states, and 17 countries. The Company’s most targeted sectors include manufacturing (25%) and medical products (18%).
Biometric Technology Market Segmentation, By Type:
Based on physical characteristics
Based on behavioral characteristics
Biometric Technology Market Segmentation, By Application:
Banking & financial sector
IT & telecommunication
Others (hospitality, retail, automotive)
Global Biometric Technology Market is further classified on the basis of region as follows:
APAC is expected to provide lucrative growth opportunities to the players in the biometric system market in the next few years, owing to the rapid economic growth in major countries of this region. China, Japan, India, and South Korea are the key countries in APAC. The growth of market in APAC is also attributed to technological advancements, increased awareness among the masses regarding the use of biometric systems for security purposes, and lowered cost of devices based on these technologies. Moreover, these countries have taken numerous initiatives for the protection of their citizens. In Japan and China, biometric security systems have been deployed at airports, banks, ATMs, government institutes, and other public places.
– North America (USA, Canada, Mexico)
– Europe (Great Britain, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
– Asia Pacific (China, Japan, South Korea, ASEAN, India, rest of Asia Pacific)
– Latin America (Brazil, rest of LA)
– Middle East and Africa (Turkey, CCG, rest of the Middle East)
Access Full Report:
Table of Contents Biometric Technology Market:
- Chapter 1: Overview of Biometric Technology Market
- Chapter 2: Global Market Status and Forecast by Regions and Typed
- Chapter 3: Company Profiles, recent developments, and investments
- Chapter 4: Market Competition Status by Major Manufacturers
- Chapter 4: Major Manufacturers Introduction and Market Data
- Chapter 6: Upstream and Downstream Market Analysis
- Chapter 7: Cost and Gross Margin Analysis
- Chapter 8: Marketing Status Analysis
- Chapter 9: Market Report Conclusion
- Chapter 10: Research Methodology and Reference.
Biometric Technology Market Key Points:
- Define, describe, and forecast the market for Biometric Technology products by type, application, end user, and region.
- Execute enterprise external environment and PEST analysis.
- Develop plans for the organisation to deal with the effects of COVID-19.
- Provide market dynamics analysis, such as market driving forces and market growth restrictions.
- Provide market entrance strategy study for new or existing businesses, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Stay track of worldwide market trends and give a study of the impact of the COVID-19 outbreak on key global areas.
- Analyse participants' market opportunities and give industry leaders with competitive landscape insights.
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