Frequently Asked Questions
The market is segmented based on , By Component (Hardware and Software), Authentication Type (Single Factor Authentication and Multifactor Authentication), Biometric Type (IRIS Recognition, Hand Geometry, Facial Recognition, Signature Verification, Fingerprint, Voice Recognition, and Palm Vein), Type (Contact-based, Contactless, and Hybrid), Vertical (Government, Military and Defense, Healthcare, Banking and Finance, Consumer Electronics, Security, Travel and Immigration, Automotive, and Others Verticals) – Industry Trends and Forecast to 2031.
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The Global Biometric System Market size was valued at USD 45.48 USD Million in 2023.
The Global Biometric System Market is projected to grow at a CAGR of 13.83% during the forecast period of 2024 to 2031.
The major players operating in the market include Market players covered: , Safran , NEC Corporation India Private Limited , Fujitsu , Aware , Gemalto Cogent , BIO,key International , Precise Biometrics AB , secunet Security Networks AG. , Thales Group , Cognitec Systems GmbH , Crossmatch. , Fulcrum Biometrics LLC. , Daon , Facebanx , HID Global Corporation/ASSA ABLOY AB. , SUPREMA. , IRITECH , M2SYS Technology,.
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.
