Biometric Identification Market Size | COVID-19 Impact Analysis | Forecast to 2026

Biometric technology is used to identify and authenticate individuals by measuring and analyzing personal characteristics such as fingerprints, iris, hand geometry, voice, face, blood vessel pattern, palm print, or behavioral characteristics (signature, typing pattern, gait). It is a major industry forming an important part of the Biometrics market.

Biometric Identification Market size is expected to garner $10.72 billion by 2025, registering a CAGR of 19% during the forecast period 2019-2025.

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Key market players

In 2019, Thales (France, www.thalesgroup.com), Safran (France, www.safran-group.com) , NEC (Japan, www.nec.com), ASSA ABLOY (Sweden, www.assaabloy.com), and Fujitsu (Japan, www.assaabloy.com) dominated the global biometric system market. 

By Type:

  • Contact-based
  • Contactless
  • Hybrid

By Type:

  • Hardware
  • Software

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Scope of the Report

The research study analyzes the global Biometric Identification industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Biometric Identification Market Report

1. What was the Biometric Identification Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).

2. What will be the CAGR of Biometric Identification Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Biometric Identification Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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