Biometrics Technology Market - Global Industry Analysis and Forecasts to 2028 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Biometrics Technology Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028" report has been added to ResearchAndMarkets.com's offering.

The report predicts the global biometrics technology market to grow with a CAGR of over 15% over the forecast period from 2022-2028

The report on the global biometrics technology market provides qualitative and quantitative analysis for the period from 2022 to 2028. The study on biometrics technology market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2022 to 2028.

The report on biometrics technology market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global biometrics technology market over the period of 2022 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global biometrics technology market over the period of 2022 to 2028. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

What does this Report Deliver?

• Comprehensive analysis of the global as well as regional markets of the biometrics technology market.
• Complete coverage of all the segments in the biometrics technology market to analyze the trends, developments in the global market and forecast of market size up to 2028.
• Comprehensive analysis of the companies operating in the global biometrics technology market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
• Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Report Findings

Drivers

• Increasing utilization of biometric technology in consumer electronics is the major factor driving the growth of the market
• Increasing adoption of digital technologies and advanced connected devices will drive market growth.

Restraints

• Lack of technical knowledge and data security concerns will restrain the market growth.

Opportunities

• Advancements in biometric solutions made for identification and authentication applications will create new growth opportunities.

Company Profiles

• NEC Corporation
• ZOLOZ CO., LTD.
• David-Link
• Suprema, Inc.
• Accu-Time Systems, Inc.
• Precise Biometrics AB
• Bio-Key International, Inc.
• Thales S.A
• Fujitsu Frontech Limited

Segment Covered

The Global Biometrics Technology Market by Component

• Hardware
• Software

The Global Biometrics Technology Market by Application

• Identification & Access Control
• Security & Surveillance
• Payments
• Image Database Investigation
• Others

The Global Biometrics Technology Market by End Use

• Government
• Commercial Centers and Buildings
• Medical and Research Labs
• Banking, Financial Services Sector
• Defense and Security

For more information about this report visit https://www.researchandmarkets.com/r/qdaw7w