Biometric Systems Market size worth $ 128.17 Billion, Globally, by 2030 at 13.4% CAGR: Verified Market Research®
JERSEY CITY, N.J., May 18, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Biometric Systems Market" By Authentication Type (Single Factor Authentication, Multi Factor Authentication), By Functionality Type (Contact, Non-Contact), By End-User (Government, Military And Defense), and By Geography. According to Verified Market Research, the Global Biometric Systems Market size was valued at USD 39.95 Billion in 2021 and is projected to reach USD 128.17 Billion by 2030, growing at a CAGR of 13.4% from 2022 to 2030.
- According to Verified Market Research, the Global Biometric Systems Market size was valued at USD 39.95 Billion in 2021 and is projected to reach USD 128.17 Billion by 2030, growing at a CAGR of 13.4% from 2022 to 2030.
- The driver for the Biometric Systems Market is to identify every individual with their own personal behavioral and physical characteristics.
- The use of biometric systems for criminal identification is also meant to propel the demand for the global Biometric Systems Market.
- Verified Market Research has segmented the Global Biometric Systems Market On the basis of Authentication Type, Functionality Type, End-User, and Geography.