Aarkstore Enterprise announced latest Market Research Report Titled " Global automotive biometric identification market expected to reach $ 303 million by 2024"

The growth in the market is led by rising demand for vehicle safety and security across the globe. Moreover, rising adoption of advanced technologies, such as artificial intelligence and cloud connectivity in vehicles is further anticipated to positively influence the market.

Based on technology, the global automotive biometric identification market segmented into fingerprint recognition, facial recognition, iris recognition, voice recognition and multimodal recognition. Of all, facial recognition technology dominates the market owing to rising luxury car sales, increasing vehicle thefts, and technological advancements in automotive security systems.

Objective of the Study:

• To assess the demand-supply scenario of automotive biometric identification systems in various automotive segments globally.
• To analyze and forecast the market size of automotive biometric identification.
• To classify and forecast global automotive biometric identification based on vehicle type, technology, sensors and regional distribution.
• To identify drivers and challenges for global automotive biometric identification market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automotive biometric identification market.
• To identify and analyze the profile of leading players involved in the manufacturing of global automotive biometric identification.

Key Target Audience:

• Technology investors
• Dealers and distributors of automotive biometrics components and systems
• Governments and financial institutions
• End users of automotive biometric identifications
• Research organizations and consulting companies
• Associations, organizations, forums and alliances related to automotive biometric identification
• Industry associations

Report Scope:

• Market, by Vehicle Type:

o Passenger Cars
o Commercial Vehicles (*includes Electric Vehicle and Autonomous Vehicles)

• Market, by Technology:

o Fingerprint Recognition
o Facial Recognition
o Voice Recognition
o Iris Recognition
o Multimodal Recognition

• Market, by Sensors:

o Optical
o Retina
o CMOS

• Market, by Region:

Asia Pacific
China
Japan
South Korea
India
Malaysia
Indonesia
Thailand
Rest of Asia-Pacific

About Aarkstore Enterprise

Aarkstore curates global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.

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For more details visit: https://www.aarkstore.com/automotive/1657579/global-automotive-biometric-identification-market-by-technology-sensor-type-vehicle-type-region-competition-forecast-and-opportunities

Category: Business Services Market Research
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