According to Stratistics MRC, the Global Biometric System Market is accounted for $37.60 billion in 2021 and is expected to reach $106.92 billion by 2028 growing at a CAGR of 16.1% during the forecast period.
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Biometric systems are used for security identification and authentication. These systems can recognize a user and then correctly prove whether the identified user holds the identity they claim to have. Biometric security systems are highly being deployed globally as automated security techniques.
Some of the key players profiled in the Biometric System Market include Stanley Black & Decker, Inc., ZETES, Veridos GmbH, Thales Group, secunet Security Networks AG, Precise Biometrics, Onfido, NEC Corporation, Innovatrics, IDEMIA, Fujitsu, Facetec, Inc, Daon, Inc., Cognitec Systems GmbH, Beijing Megvii Technology Co., Ltd., and Aware Inc.
Types Covered:
• Hybrid
• Contact-Less
• Contact-Based
Offerings Covered:
• Software
• Hardware
Mobilities Covered:
• Fixed
• Portable
Authentication Types Covered:
• Multi-Factor Authentication
• Single-Factor Authentication
End Users Covered:
• Travel & Immigration
• Military & Defense
• Healthcare
• Government
• Consumer Electronics
• Banking, Financial Services and Insurance (BFSI)
• Automotive
• Security
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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