The Global Biometrics Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Biometrics industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Biometrics market along with crucial statistical data about the Biometrics market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027.

The Global Biometrics Market is forecasted to be worth USD 99.63 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of facial recognition, fingerprint scans, iris recognition, and vein pattern recognition in smartphones & other IoT devices owing to its more accurate personal identification, reduced risks of security breaches, and huge overall growth of the IoT device industry.

Request a PDF sample copy of the report @https://www.emergenresearch.com/request-sample/177

COVID-19 Impact Analysis:

The current COVID-19 pandemic is expected to have an effect on the growth of the Biometrics industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Biometrics sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Biometrics industry.

Further key findings from the report suggest

  • In April 2020, TECH5, a leading global technology company, launched a biometric eKYC deployment for its users in the country India, having partnered with ID R&D. The biometric includes biometric facial recognition & active liveness detection technology.
  • The fingerprint recognition sub-segment led the market in 2019 with extensive usage of the fingerprint sensors and recognition systems in smartphones & other IoT devices, ATMs, and many others. Higher research & development costs associated with this sub-segment is also expected to add to the biometrics market growth.
  • The global market landscape of Biometrics is expected to remain in a very competitive and highly fragmented landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.

Top competitors of the Biometrics Market profiled in the report include:

  • Leidos Holdings, Inc.
  • Gemalto N.V. (3M Cogent)
  • NEC Corporation
  • Fujitsu Ltd.
  • ImageWare Systems, Inc.
  • BioEngagable Technologies Pvt. Ltd
  • Mobbeel Solutions

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Biometrics market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

To get access to the complete report on the Biometrics market, click on the link mentioned here: @https://www.emergenresearch.com/industry-report/biometrics-market

Regional Analysis:

This section of the report offers valuable insights into the geographical segmentation of the Biometrics market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments.

The report classifies the global Biometrics market into various regions, including:

  • North America (U.S., Canada)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

Find similar reports by Emergen Research:

 

  • Power to Gas Market By Technology (Methanation, Electrolysis), By End-User (Utilities, Commercial, Industrial), Forecasts to 2027

 

  • Depression Treatment Market By Drug Type (Antidepressants, Antipsychotics) By Application (Major Depressive Disorder (MDD), Bipolar Disorder), By End-User (Hospitals, NGOs, Mental Health Centers), By Distribution Channel, and By Region, Forecasts to 2027

 

  • Hearing Aids Market By Type (Behind-the-ear- Hearing Aids, Receiver in-the-ear Hearing Aids, In-the-ear Hearing Aids, Canal Hearing Aids), By Hearing Loss, By Application (Adults, Pediatrics), By Distribution Channel, Forecasts to 2027

 

  • Injectable Drug Delivery Market By Product Type (Formulations, Devices), By Therapeutic Application (Hormonal disorders, Autoimmune disorders, Oncology), By End-User (Homecare settings, Hospitals & Clinics), Forecasts to 2027

 

Thank you for reading our report. Customization of this report is available in chapter-wise or region-wise sections. Kindly get in touch with us to know more about the report, and our team will provide excellent assistance.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com