Biometrics Market Is Predicted To Witness Growth Exponentially In The Forecast Period 2022-2031 | Leidos Holdings Inc, NEC Corporation, Fujitsu Limited

The global biometrics market size is expected to grow from $27.88 billion in 2021 to $32.48 billion in 2022 at a compound annual growth rate (CAGR) of 16.50%. The global biometrics market size is expected to grow to $59.32 billion in 2026 at a compound annual growth rate (CAGR) of 16.25%.

The Business Research Company offers the Biometrics Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The biometrics market consists of the sale of biometrics by entities (organizations, sole traders, and partnerships) that refer to biological instruments used to identify individuals based on various parameters such as fingerprints, facial recognition, and other attributes. The technology is mainly used for identification and access control, and for identifying those who are being monitored. The underlying idea of biometric authentication is that each individual may be reliably recognised based on physical or behavioral characteristics.

Some key biometrics market players are Leidos Holdings Inc, NEC Corporation, Fujitsu Limited, Aware Inc, Nuance Communications Inc, IDEMIA, Cognitec Systems, Assa Abloy, BIO-Key International Inc, Thales Group, Stanley Convergent Security Solutions Inc, M2SYS Technology, ImageWare Systems Inc, Accu-Time Systems, IDTECK, Siemens, RCG Holdings Ltd, Suprema Inc, Daon Inc, and DERMALOG Identification Systems.

The countries covered in the global biometrics market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global biometrics market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Biometrics Market Segmentation:

By Biometric Type
1. IRIS Recognition
2. Hand Geometry
3. Facial Recognition
4. Signature Verification
5. Fingerprint
6. Voice Recognition
7. Palm Vein

By Functionality
1. Contact
2. Non-contact
3. Combined

By End-User
1. Government, Defense Services
2. Banking and Finance
3. Consumer Electronics
4. Healthcare
5. Commercial Safety and Security
6. Transport/Visa/Logistics

See more on the report at https://www.thebusinessresearchcompany.com/report/biometrics-global-market-report

The Report's Table Of Contents includes
1. Executive Summary
2. Biometrics Market Characteristics
3. Biometrics Market Trends And Strategies
4. Impact Of COVID-19 On Biometrics
5. Biometrics Market Size And Growth
……
26. Africa Biometrics Market
27. Biometrics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biometrics Market
29. Biometrics Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the biometrics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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