Biometric Authentication & Identification Market Size with Top Companies 2023 | Business Growing Strategies, Regional Growth, Challenges, Competitive Dynamics, Industry Segmentation and Forecast to 2028
Biometric Authentication & Identification Market
Biometric authentication & identification are physical or behavioral human characteristics to that can be used to digitally identify a person to grant access to systems, devices or data. Examples of these biometric identifiers are fingerprints, facial patterns, voice or typing cadence. Each of these identifiers is considered unique to the individual, and they may be used in combination to ensure greater accuracy of identification. In this report, we mainly focus on the biometric authentication and identification Integrators (solution with hardware and software).This report focuses on global and United States Biometric Authentication & Identification market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global Biometric Authentication & Identification market size is estimated to be worth USD 21610 million in 2022 and is forecast to a readjusted size of USD 54030 million by 2028 with a CAGR of 16.5% during the review period. From the different types of biometric authentication & identification, the hardware type held the maximum market share with about 72% in 2019.For applications of the biometric authentication & identification , the commercial application is the largest segment with a market share of nearly 51% in 2019.Biometric Authentication & Identification market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Biometric Authentication & Identification market will be able to gain the upper hand as they use the report as a powerful resource.
Major players covered in Biometric Authentication & Identification Market are:
- IDEMIA
- Thales
- ASSA ABLOY
- NEC
- Fujitsu
- Stanley Black & Decker
- OneSpan
- secunet AG
- SpeechPro
- Dermalog
- Suprema
- Securiport
- Facebanx
- Fulcrum Biometrics
- M2SYS Technology
- Aware
- Daon
- Ayonix Face Technologies
- Cognitec Systems
Market Segment by Type:
- Hardware
- Software & Service
Market Segment by Application:
- Government
- Banking and Finance
- Commercial Application
With the Biometric Authentication & Identification Market Report, businesses can understand their market and develop sustainable strategies for success.
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