Biometrics Market | Industry Analysis Report 2027

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BIOMETRICS MARKET 2019-2027
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MARKET OUTLOOK

• According to Triton, the global biometrics market
  is expected to display a positive market trend
  over the forecast period of 2019-2027, exhibiting
  a CAGR of 19.87.
• Biometrics is a technology used for identifying
  and authenticating information of individual by
  measuring analyzing their personal traits or
  behavioral characteristics.
• The advanced characteristics of this technology
  make it a favorable option over conventional
  PIN-based methods.
• Biometrics are used to secure the sensitive or
  personal data of an individual from fraudulent by
  unique identification technique.
• The unique features and high security of
  biometrics have led to the increased adoption of
  this technology in industries such as healthcare,
  government, defense, BFSI, transport
  immigration and commercial security
  non-commercial safety, among others.

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• REGIONAL OUTLOOK

• The global biometrics market spans across the
  regions of North America, the Asia-Pacific, Latin
  America, the Middle East and Africa and Europe.
• Online transactions in North America are
  prominent, owing to the higher internet
  penetration in the United States and Canada,
  coupled with the increasing e-commerce sales,
  which is further augmenting these transactions.
• These developments are likely to result in the
  deployment of advanced authentication
  technologies, such as biometrics.
• In addition to this, the United States and Canada
  boast of high scores in the cloud computing
  policy environment rankings of 2018, featuring in
  the top ten list.
• This is expected to pose tremendous
  opportunities for biometrics across the
  end-users. Furthermore, technology giants such as
  Amazon and Microsoft are headquartered in this
  region, which is expected to push the end-users
  toward biometrics on cloud. This, in turn, is set
  to propel the demand for biometrics solutions.

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• REQUEST FREE SAMPLE!

According to Triton, the global biometrics market
is expected to display a positive market trend
over the forecast period of 2019-2027, exhibiting
a CAGR of 19.87. .
https//www.tritonmarketresearch.com/reports/biome
trics-market
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INFOGRAPHIC
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NORTH AMERICA
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EUROPE
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ASIA PACIFIC
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MIDDLE EAST AFRICA
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-market
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INFOGRAPHIC
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• COMPETITIVE OUTLOOK

The companies that have been mentioned in the
biometrics market report are Siemens AG, Precise
Biometrics AB, IDEMIA FRANCE S.A.S., Nuance
Communications, Inc., NEC Corporation, M2SYS
Technologies, Inc., Iris ID Systems, Inc.,
ImageWare Systems, HID Global Corporation,
Gemalto N.V., Fulcrum Biometrics LLC, Fujitsu
Limited, Fingerprint Cards AB, Crossmatch
Technologies, Inc. (acquired by HID Global),
BIO-key International, Inc. and Aware, Inc.M2SYS,
Inc. provides innovative, scalable practical
software and hardware solutions for biometric
identity management.
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