The Biometric Technologies Global Market Report 2023, provides comprehensive information on the biometric technologies market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Biometric Technologies Market’s Growth:
https://www.thebusinessresearchcompany.com/report/biometric-technologies-global-market-report

As per The Business Research Company’s Biometric Technologies Global Market Report 2023, the market size is expected to grow from $46.38 billion in 2022 to $52.85 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global biometric technologies market size is expected to grow to $87.16 billion in 2027 at a CAGR of 13.3%.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=8946&type=smp

Technological advancements are a key trend in gaining popularity in the biometric technologies market. Major companies operating in the biometric technology market are focused on developing innovative solutions using artificial intelligence to strengthen their position in the market. For instance, in March 2022, Touchless Biometric Systems (TBS), a Switzerland-based biometric specialist and security system supplier, introduced 3D Fly, an innovative sensor offering on-the-fly user identification. The 3D Fly sensor captures a high-resolution picture of the complete hand and extracts the biometric features of up to four fingers, which results in superior recognition performance. It uses AI-assisted hand recognition technology, combined with fast data processing, to identify a person within a second. Users can exhibit their hands during the procedure while moving near 3D Fly and past the speed gate without stopping or slowing down.

The biometric technologies market is segmented:
1) By Type: Contact-Based, Contact-Less, Hybrid
2) By Offering: Hardware, Software
3) By Authentication Type: Single-Factor Authentication, Multi-Factor Authentication
4) By Application: Face, Hand Geometry, Voice, Signature, Iris, Automated Fingerprint Identification System (AFIS), Non-Automated Fingerprint Identification System (AFIS), Other Applications
5) By Vertical: Government, Consumer Electronics, Military and Defense, Healthcare, Banking and Finance, Travel and Immigration, Automotive, Security, Other Verticals

Asia-Pacific was the largest region in the biometric technologies market in 2022.

The table of contents in TBRC’s biometric technologies market report includes:
1. Executive Summary
2. Biometric Technologies Market Characteristics
3. Biometric Technologies Market Trends And Strategies
4. Biometric Technologies Market - Macro Economic Scenario
5. Biometric Technologies Market Size And Growth
.
27. Biometric Technologies Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biometric Technologies Market
29. Biometric Technologies Market Future Outlook and Potential Analysis
30. Appendix

Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model