Lucintel Forecasts the Global Biometrics Market is expected to grow with a CAGR of 13.2% from 2025 to 2031
Lucintel Forecasts the Global Biometrics Market is expected to grow with a CAGR of 13.2% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global biometrics market looks
promising with opportunities in the BFSI, education, healthcare, government, military,
household and others markets. The global biometrics market is expected to grow with a
CAGR of 13.2% from 2025 to 2031The major drivers for this market are the increasing
sophistication of biometric system, rising need for secure authentication method, and
growing threat of identity theft and fraud.
A more than 150-page report to understand trends, opportunity and forecast in
biometrics market to 2031 by type (fingerprinting technology, iris recognition technology,
facial recognition technology, and voice recognition technology), application (bfsi,
education, healthcare, government, military, household, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, facial recognition technology is
expected to witness the highest growth over the forecast period.
Within the application category, BFSI is expected to witness the highest growth.
Download sample by clicking on biometrics market
In terms of region, APAC is expected to witness the highest growth over the forecast
period.
Idemia (Safran Group), Kaba, Bosch Security, Johnson Controls, NEC Corporation, Hid
Global, Zkteco, DDS, Hitachi, Suprema are the major suppliers in the biometrics market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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