Biometrics Market Revenue Poised for Significant Growth During the Forecast Period of 2020-2027

iCrowd Newswire
22 Jan 2021, 09:21 GMT+10

"The increasing number of security breaches and extensive rise in the adoption of biometric systems in smartphones & IoT devices are the major factors influencing the market growth."

The key factors influencing the market include increasing usage of facial recognition, fingerprint scans, iris recognition, and vein pattern recognition in smartphones & other IoT devices owing to its more accurate personal identification, reduced risks of security breaches, and huge overall growth of the IoT device industry.

The Biometrics Market report is an all-inclusive document covering the key statistical data about the Biometrics market organized in the form of charts, tables, graphs, diagrams, and figures. The report offers key insights into the market landscape with regards to market size, market volume, revenue growth, and market value for the forecast period of 2020-2027.

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The Biometrics Market report further analyzes the factors and initiatives contributing to the growth of the market. The study suggests that the leading companies are capitalizing on the opportunities emerging in the market and are expected to benefit from the options. The shift in consumer preferences and growing demand will contribute to the growth of the market.

Key market players included in the study are:

Baxter International, Nipro, B. Braun Melsungen, DaVita Healthcare Partners, Covidien, Dialysis Clinic, Fresenius Medical Care, Diversified Specialty Institute Holdings, Medical Components, Huaren Pharmaceutical, NephroPlus, Northwest Kidney Centers, Satellite Healthcare, NxStage Medical, Renal Services, Sandor, Sichuan Kelun Pharmaceutical, and U.S. Renal Care, among others.

The report analyzes the strategic alliances observed in the market for new products, partnerships, and collaborations between key players. The report investigates key aspects such as financial standing, research and development, product offerings, current deals, investments, and strategic alliances such as mergers and acquisitions, joint ventures, product launches, brand promotions, and corporate deals, among others.

Technology Outlook (Revenue: USD Billion; 2017-2027)

Facial Recognition

Fingerprint Recognition

Voice Recognition

Palm Recognition

Iris Recognition

Others

Industry Vertical Outlook (Revenue: USD Billion; 2017-2027)

Government and Defense

Healthcare and Life Sciences

Law Enforcement

Human Resources

Retail and E-commerce

IT and Telecommunication

Banking, Financial services, and Insurance (BFSI)

Others

Applications Outlook (Revenue: USD Billion; 2017-2027)

Site Access Control

Time Recording

Mobile Application

Web and Workplace

Others

Component Outlook (Revenue: USD Billion; 2017-2027)

Hardware

Software

System Type Outlook (Revenue: USD Billion; 2017-2027)

Unimodal Biometric Systems

Multimodal Biometric Systems

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/biometrics-market

Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Biometrics Market Segmentation & Impact Analysis

4.1. Biometrics Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Growing incidences of security breaches

4.2.2.2. Extensive proliferation of smartphone industry

4.2.2.3. Huge growth in the IoT devices & biometric implementation in them

4.2.3. Market restraints analysis

4.2.3.1. Rising cases of identity data losses

4.2.3.2. Inefficient research methodologies

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter's Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Chapter 5. Biometrics Market By Technology Insights & Trends, Revenue (USD Billion)

5.1. Technology Dynamics & Market Share, 2019 & 2027

5.1.1. Facial Recognition

5.1.2. Fingerprint Recognition

5.1.3. Voice Recognition

5.1.4. Palm Recognition

5.1.5. Iris Recognition

5.1.6. Others

Chapter 6. Biometrics Market By Industry Vertical Insights & Trends Revenue (USD Billion)

6.1. Industry Vertical Dynamics & Market Share, 2019 & 2027

6.1.1. Government and Defense

6.1.2. Healthcare and Life Sciences

6.1.3. Law Enforcement

6.1.4. Human Resources

6.1.5. Retail and E-commerce

6.1.6. IT and Telecommunication

6.1.7. Banking, Financial services, and Insurance (BFSI)

6.1.8. Others

Cotinue…!

The complete regional analysis covers:

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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