There is an estimated growth of USD 27 billion in the Biometrics Market over the next few years.In the coming years, this market is expected to grow at a CAGR of almost 12 percent..In the period between 2022 and 2027, 85% will be achieved. There is an increase in demand for biometrics in the global market due to increased security concerns and an increase in demand. There is a growing need for enhanced security in our society that can be addressed through the use of biometric technology, which provides a more secure authentication than conventional methods such as passwords or identification cards. As a result, there is a growing demand for increased security across a variety of industries, including the financial sector, government, transportation, healthcare, and the defense sector.. In industries such as BFSI, retail, and defense, the security of confidential data and information is of particular importance. Before buying the full report, request a sample report to gain a better understanding of the market size during the historical period (2017 to 2021) and forecast (2023 to 2027) before purchasing the full report
Before buying the full report, request a sample report to gain a better understanding of the market size during the historical period (2017 to 2021) and forecast (2023 to 2027) before purchasing the full report
A company analysis of the global biometrics market can be found in Company Landscape - It is evident that the global biometrics market is fragmented, with several regional and global companies operating in it.. In the market for biometrics, there are a few prominent companies that offer this service, including Advent International Corp..ASSA ABLOY AB, Aware Inc., and other companies.It is a subsidiary of Daon Inc.., Furukawa Electric Co., Ltd.. Limited (Ltd).NEC Corporation, M2SYS Corporation, and M2SYS Corporation.As a subsidiary of Qualcomm Inc..As a subsidiary of Suprema Inc..BIO key International Inc., Thales Group, and Thales Group.It is represented by Cognitec Systems GmbH, Facebanx, Fujitsu Ltd, and others.It is a division of Iris ID Systems Inc..Veridium IP Ltd, Precise Biometrics AB, Securiport LLC, and Precise Biometrics AB.NEXT Biometrics Group ASA, secunet Security Networks AG, and NEXT Biometrics Group SA
NEXT Biometrics Group ASA, secunet Security Networks AG, and NEXT Biometrics Group SA
An analysis of the global biometrics market in terms of company analysis is presented in this report. The global biometrics market is fragmented and there are several global and regional companies operating in it.. There are a number of prominent companies that offer biometrics in the market, such as Advent International Corp..ASSA ABLOY AB, Aware Inc, and ASSA ABLOY AB.As a subsidiary of Daon Inc.., Furukawa Electric Co., Ltd.. Company Name: Ltd..NEC Corp., M2SYS, and M2SYS.Qualcomm Inc., a Qualcomm company.As a subsidiary of Suprema Inc..The Thales Group, BIO-Key International Inc., and Thales Group.It includes the following companies: Cognitec Systems GmbH, Facebanx, and Fujitsu Ltd..The company is called Iris ID Systems Inc..It comprises Precise Biometrics AB, Securiport LLC, Veridium IP Ltd, and Precise Biometrics AB..It includes secunet Security Networks AG, NEXT Biometrics Group ASA, and Secunet Security Networks AG
It includes secunet Security Networks AG, NEXT Biometrics Group ASA, and Secunet Security Networks AG
Is there anything new? -
Offerings of the company include:
Global Biometrics Market - Segmentation AssessmentSegment OverviewTechnavio has segmented the market based on end users (Government, Healthcare, BFSI, and Others), components (hardware and software), and geographical regions (North America, APAC, Europe, Middle East and Africa, and South America). 
An overview of the global biometrics market can be found here. The market is segmented by geography into North America, Asia Pacific, Europe, Middle East and Africa, and South America. This report provides actionable insights and estimates the share of the global biometrics market that each region contributes to its growth.
You can download a sample report to gain insight on global, regional, and country-level parameters with growth opportunities from 2017 to 2027
Market Dynamics for the Global Biometrics Market
Trends to look out for
Challenges that need to be addressed
The Drivers, Trends & Challenges are the factors of market dynamics that determine the consequences and sustainability of the businesses, and you can find some insights from a free sample report that will help you better understand these factors
Which are the key data points covered in this report on the Biometrics Market?
Reports related to this topic include:
This report contains an analysis of the biometrics-as-a-service market, which is projected to grow at a CAGR of 15.93% between 2022 and 2027. It is expected that the market will grow by USD 2,353.46 million between 2022 and 2027.
Market size of the gait biometrics market is estimated to grow at a CAGR of 10.16% between the years 2022 and 2027, and it is predicted to grow by USD 50.91 million between those years.
Table of Contents
USTechnavio is one of the world's leading technology research and advisory firms with an extensive global footprint. Research and analysis conducted by their firm focuses on emerging market trends and provides actionable insights that can be used by businesses to identify market opportunities and develop effective strategies to improve their market position by providing insights that can be used by businesses. In addition to having over 500 specialized analysts, Technavio maintains an extensive report library of more than 17,000 reports, covering 800 technologies in 50 countries, all of which are based on extensive research.. The company's client base includes enterprises of all sizes, including more than 100 Fortune 500 companies, as well as enterprises of all sizes. In order to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios, our growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets.
In order to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios, our growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets.
The contact information for Technavio Research is Jesse Maida Media & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com
Technavio is the source of this information
Between 2022 and 2027, it is estimated that the market size for Algorithmic Trading will grow by USD 11.19 billion, growing at a compound annual growth rate (CAGR) of 12.23%.
From 2022 to 2027, the automotive tire market size is projected to increase by USD 49.25 billion, growing at a compound annual growth rate of 7%, with APAC accounting for the majority...
If you would like to receive PRN's top stories and curated news in your inbox every week, sign up today!

Source prnewswire