Consumer & Luxury Goods Market Research News

New report shares details about the Global biometrics market to reach USD 41.39 billion with CAGR of 17.06% % by 2025

Biometrics market Drivers by Increased Need of Advanced Security and Evolution of Mobile Biometric Systems.

- Agency -.

Biometrics Market report includes Key Findings, Market Dynamics, Drivers, Restraints, Opportunities, Challenges, Segmentation, Key Analytics, Geography Analysis, key players detailed analysis on ReportsnReports.com

Browse Complete 48 List of Figures, Top 11 Companies Profile, Spread across 144 pages available @ www.reportsnreports.com/contacts/d…aspx?name=1151581 .

Major players in the market are 3M Cogent, Aware Inc, Cross Match Technologies, Fujitsu, HID Global, IrisID, ImageWare Systems, M2SYS Technologies, NEC, SAFRAN, VFS Global and others.

The global biometrics market is expected to grow from USD 10.60 billion in 2016 and projected to reach up to USD 41.39 billion by 2025, at 17.06% CAGR during 2017-2025. The base year considered for the study is 2016 and the estimated period is between 2017 and 2025.

- Agency -.

The development of the worldwide market is the result of the rising need of the advanced security and border control due to the rising threat of terrorist attacks, the emergence of national ID schemes, E-passports and Visa for effective tourist monitoring. These major factors are supposed to drive the growth of the market during the forecast period.

Access Report Copy @ www.reportsnreports.com/purchase.aspx?name=1151581 .

The global biometrics market is segmented by type on the basis of fixed and mobile. It is also segmented by technology on the basis of fingerprint recognition, IRIS recognition, facial recognition, hand geometry, vein analysis, voice recognition, DNA analysis, GAIT analysis, electroencephalogram (EEG), electrocardiogram and others.

It is also segmented by end users on the basis of government, transportation, healthcare, banking financial services and insurance, retail and other end users.

Regional Insights
Asia-Pacific is the fastest growing region with, a CAGR of 20.39%. The presence of emerging economies like China, India, Japan, South Korea, Australia, Malaysia, and Singapore and increased adoption of the biometrics in these countries.

North America dominates the global market with the market share of 32.59%, followed by Asia-Pacific and then Europe with a market share of 26.40% and 24.77% respectively. In North America, the demand of biometrics has grown due to increasing need for advanced security measures and tourist management, post 9/11 attacks.

Increased security concerns, the rise in the occurrence of identity theft, growth in the smartphone and internet penetration, digitization, demand from various industrial sectors, are the key growth reasons for the progressing Asia Pacific market.

View more details @ www.reportsnreports.com/reports/11…st-2017-2025.html .

List of Figures
Figure 1: Global Biometrics Market, By Region, 2016 (In %)
Figure 2: Global Biometrics Market, By Type, 2016 (In %)
Figure 3: Global Fixed Biometrics Market, 2017-2025 (In $ Billion)
Figure 4: Global Mobile Biometrics Market, 2017-2025 (In $ Billion)
Figure 5: Global Biometrics Market, By Technology, 2016 (In %)
Figure 6: Global Biometrics Market, By Fingerprint Recognition, 2017-2025 (In $ Billion)
Figure 7: Global Biometrics Market, By Iris Recognition, 2017-2025 (In $ Billion)
Figure 8: Global Biometrics Market, By Facial Recognition 2017-2025 (In $ Billion)
Figure 9: Global Biometrics Market, By Hand Geometry, 2017-2025 (In $ Billion)
Figure 10: Global Biometrics Market, By Vein Analysis, 2017-2025 (In $ Billion)
Figure 11: Global Biometrics Market, By Voice Recognition, 2017-2025 (In $ Billion)
Figure 12: Global Biometrics Market, By Dna Analysis, 2017-2025 (In $ Billion)
Figure 13: Global Biometrics Market, By Gait Analysis, 2017-2025 (In $ Billion)
Figure 14: Global Biometrics Market, By Eeg/Ecg, 2017-2025 (In $ Billion) and more..

News From

ReportsnReports - Industry Trends & ForecastsReportsnReports
Category: Market Research Publishers and RetailersCompany profile: ReportsnReports.com provides market research reports to industries, individuals and organizations with an objective of helping them in their decision-making process. Our library of 400,000+ industry & country research reports covers 5000+ micro markets.