Global Next Generation Biometric Market to 2027
Global Next Generation Biometric Market to 2027
Global Next Generation Biometric Market Introduction
Biometric is used to indentify certain physical or behavioral characteristics of a person. Next generation biometrics widely used in various sectors such as banking & finance, home security, defense, consumer electronics, travel & immigration, and government.
Global Next Generation Biometric Market Drivers
Rise in terrorist activities, and theft activities on the part of crucial information and data is the major driving factor which is expected to boost the global next generation biometric market growth. Furthermore, increase in airport security initiatives is expected to propel the growth of global next generation biometric market. Moreover, proliferation of biometric technology in automotive enterprise applications will have the positive impact on global next generation biometric market growth.
Global Next Generation Biometric Market Restraint
However, high deployment cost is the major restraining factor which is expected to hamper the global next generation biometric market growth.
Global Next Generation Biometric Market Segmentation
Global Next Generation Biometric Market is segmented into technology such as Face, Fingerprint, Iris, Vein, Voice, Palm, and Signature, by offerings such as Hardware, and Software. Further, Global Next Generation Biometric Market is segmented into application such as Travel & Immigration, Defense, Government, Home Security, Consumer Electronics, and Banking & Finance.
Also, Global Next Generation Biometric Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Global Next Generation Biometric Market Key Competitors
Various key competitors are discussed in this report such as Cognitec Systems, Aware, Stanley Black & Decker, Secunet Security Networks, Precise Biometrics, Fujtsu , ASSA Abloy, NEC, Sefran, and Thales.
Global Next Generation Biometric Market Taxonomy
By Technology
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