Opportunities in the biometrics system market have evolved through a number of stages i.e. from introduced biometric system to new biometric modalities. Lucintel has found the future of this market to be promising; the biometrics system market is expected to reach $48.1 billion by 2025 with a CAGR of 14.5%. In this market, AFIS is the largest segment by technology, whereas government and law enforcement is largest by end use industry. Players can benefit from the available opportunities like increasing focus of safety and security in private and business sectors related to unauthorized access, growth in the e-passport program for personal identification.
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Safran SA, NEC Corporation, 3M Cogent, Precise Biometrics, and Fujitsu Ltd are some of the companies profiled in this report.
Some of the features of this report:
- Market size estimates:Biometrics system market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis:Market trend (2014-2019) and forecast (2020-2025) by segments and region.
- Segmentation analysis: Biometrics system market size by various segments such as technology, end use, type in terms of value and volume shipment.
- Regional analysis:Biometrics system market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities:Analysis on growth opportunities in different applications and regions of Biometrics System in the biometrics system market.
- Strategic analysis:This includes M&A, new product development, and competitive landscape of biometrics system in the biometrics system market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This exclusive report from Lucintel 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 click on this link [email protected]
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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