Gangtok Chronicle

Global Biometrics Market Worth $82.3 Billion by 2026 | CAGR: 14.19%: Global Market Estimates Research & Consultants

 Breaking News
  • No posts were found

Global Biometrics Market Worth $82.3 Billion by 2026 | CAGR: 14.19%: Global Market Estimates Research & Consultants

January 28
12:17 2020
Global Biometrics Market Worth $82.3 Billion by 2026 | CAGR: 14.19%: Global Market Estimates Research & Consultants

Global Biometrics Market Size & Volume – Forecasts to 2026
By the way of quick introduction, Global Market Estimates Research & Consultants has quantified 25,000+ ultra niche high-growth emerging opportunities and threats, which will impact 70- 80% of worldwide companies’ revenues. Our services have been used by global Fortune-2000 companies.
Some of the major players profiled in the Biometrics Market report include: ASSA ABLOY, Gemalto, M2SYS Technology, NEC, Safran, Accu-Time Systems, Bio-Key International, Inc., Cognitech Systems GmbH, Fujitsu Limited, 3M Cogent, Inc, Idteck, Siemens AG, RCG Holdings, LTD., NEC Corporation, and Suprema, Inc., among others. The companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to enhance their competitive position.

According to a new market research report published by Global Market Estimates, the global biometrics market is expected to grow at a CAGR of 14.19% during the forecast period, to reach USD 82.3 Billion by 2026. The demand for Biometrics is projected to grow due to increasing security reasons.

 

Browse 120 Market Data Tables and 90 Figures spread through 180 Pages and in-depth TOC on “Biometrics Market Size & Volume – Forecasts to 2026” https://www.globalmarketestimates.com/report-summary.php?report_id=1574&report_name=global-biometrics-market

 

Early buyers will receive 15% free customization on this report

 

By Technology (Face Recognition, Hand Geometry, Voice Recognition, Signature Recognition, Iris Recognition, Afis, Non-Afis, Others);

By Functionality (Contact, Non-Contact, Combined),

By Component (Hardware, Software);

By Authentication (Single-Factor Authentication, Multi-Factor Authentication);

By End-User (Defense Services, Banking And  Finance, Consumer Electronics, Healthcare, Commercial Safety And Security, Transport/Visa/Logistics, Others);

By Region; By Country; End-use Landscape; Vendor Landscape and Competitor Analysis

 

Key Market Insights

  • Face recognition segment held the largest share in 2026, however Iris Recognition segment is projected to grow at the highest CAGR from 2019 to 2026
  • Growing demand in government organizations for high security purposes are the major factors for the growth of the market
  • Hardware segment held the largest market share in 2026, however software segment is projected to grow at the highest CAGR from 2019 to 2026
  • Software play a major role in ensuring the interoperability and compatibility of biometric devices. The adoption of cloud-based services and AI for biometric devices is expected to boost the requirement for associated software to ensure the compatibility of devices and operating systems for different applications
  • Biometrics market in Asia Pacific is expected to grow at the highest CAGR between 2019 and 2026
  • The Contact segment held the largest market share in 2026, however the Non-Contact segment is projected to grow at the highest CAGR from 2016 to 2026
  • Growing illegal immigration and prevention of frauds is expected to boost the biometrics market during the forecast period
  • Major players in the biometrics market include ASSA ABLOY, Gemalto, M2SYS Technology, NEC, Safran, Accu-Time Systems, Bio-Key International, Inc., Cognitech Systems GmbH, Fujitsu Limited, 3M Cogent, Inc, Idteck, Siemens AG, RCG Holdings, LTD., NEC Corporation, and Suprema, Inc., among others.

 

Browse the Report @: https://www.globalmarketestimates.com/report-summary.php?report_id=1574&report_name=global-biometrics-market

 

Technology Outlook (Revenue, USD Million, 2019 – 2026)

  • Face Recognition
  • Hand Geometry
  • Voice Recognition
  • Signature Recognition
  • Iris Recognition
  • Afis
  • Non-Afis
  • Others

Functionality Outlook (Revenue, USD Million, 2019 – 2026)

  • Contact
  • Non-Contact
  • Combined

Component Outlook (Revenue, USD Million, 2019 – 2026)

  • Hardware
  • Software

Authentication Outlook (Revenue, USD Million, 2019 – 2026)

  • Single-Factor Authentication
  • Multi-Factor Authentication

End-User Outlook (Revenue, USD Million, 2019 – 2026)

  • Defense Services
  • Banking And  Finance
  • Consumer Electronics
  • Healthcare
  • Commercial Safety And Security
  • Transport/Visa/Logistics
  • Others

 

Regional Outlook (Revenue, USD Million, 2019 – 2026)

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of APAC

Central & South America

  • Brazil
  • Argentina
  • Chile
  • Rest fo CSA

Middle East & Africa

  • Saudi Arabia
  • South Africa
  • Egypt
  • Rest of MEA

 

 

Request a sample copy of the “Global Biometrics Market Size & Volume – Forecasts to 2026” https://www.globalmarketestimates.com/report-summary.php?report_id=1574&report_name=global-biometrics-market

 

 

Please note: We would be happy to accommodate any further customization requests, if required. We understand the criticality of good quality information and are committed to servicing your information needs ethically and with high quality to ensure we have lasting client relationship.

Media Contact
Company Name: Global Market Estimates Research & Consultants
Contact Person: YASH JAIN
Email: Send Email
Phone: +16026667238
Country: India
Website: https://www.globalmarketestimates.com/


Warning: count(): Parameter must be an array or an object that implements Countable in /home/ghaziabadonline/gangtokchronicle.in/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share