M2SYS Technology

$8.4 Billion Worldwide Iris Recognition Industry to 2027 - Featuring BioEnable Technologie, eyeLock, HID Global and Iris ID Among Others

Retrieved on: 
Friday, December 16, 2022

The global iris recognition market size reached US$ 2.9 Billion in 2021.

Key Points: 
  • The global iris recognition market size reached US$ 2.9 Billion in 2021.
  • Iris recognition, also known as iris scanning, is a method used for identifying individuals based on the unique pattern of their iris.
  • What are the key driving factors and challenges in the global iris recognition industry?
  • What is the structure of the global iris recognition industry and who are the key players?

Biometric System Market Worth $51.6 billion by 2029 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Wednesday, September 14, 2022

The modern BFSI sector is highly dependent on IT infrastructure to deliver several services, such as mobile, online, and core banking.

Key Points: 
  • The modern BFSI sector is highly dependent on IT infrastructure to deliver several services, such as mobile, online, and core banking.
  • Quick Buy Biometric System Market - Global Opportunity Analysis And Industry Forecast (2022-2029), Research Report: https://www.meticulousresearch.com/Checkout/10902363
    Based on platform, the biometric systems marketis segmented into on-site, mobile devices, PCs, and wearable devices.
  • In 2022, the digital identification segment is expected to account for the largest share of the biometric systems market.
  • Geographically, the biometric system market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Biometric System Market Worth $51.6 billion by 2029 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Wednesday, September 14, 2022

The modern BFSI sector is highly dependent on IT infrastructure to deliver several services, such as mobile, online, and core banking.

Key Points: 
  • The modern BFSI sector is highly dependent on IT infrastructure to deliver several services, such as mobile, online, and core banking.
  • Quick Buy Biometric System Market - Global Opportunity Analysis And Industry Forecast (2022-2029), Research Report: https://www.meticulousresearch.com/Checkout/10902363
    Based on platform, the biometric systems marketis segmented into on-site, mobile devices, PCs, and wearable devices.
  • In 2022, the digital identification segment is expected to account for the largest share of the biometric systems market.
  • Geographically, the biometric system market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Biometric POS Terminals Market Size to Grow by USD 1.17 billion | Technavio

Retrieved on: 
Tuesday, June 7, 2022

The high incidence of fraudulent activity is one of the main reasons for the growth of the biometric POS terminals market.

Key Points: 
  • The high incidence of fraudulent activity is one of the main reasons for the growth of the biometric POS terminals market.
  • The biometric POS terminals market size is expected to grow by USD 1.17 billion from 2020 to 2025.
  • For further insights into market dynamics, Request a Sample Report
    The growth of the self-service market is a trend in the biometric POS terminals market.
  • Thus, the growth of the self-service market will aid the growth of the biometric POS terminals market.

Market Size Growth of USD 2.02 Billion is Expected for Voice Biometrics between 2020 and 2025 | Technavio

Retrieved on: 
Tuesday, November 23, 2021

NEW YORK, Nov. 23, 2021 /PRNewswire/ -- The voice biometrics market is set to grow by USD 2.02 billion, progressing at a CAGR of 18.81% between 2020 and 2025.

Key Points: 
  • NEW YORK, Nov. 23, 2021 /PRNewswire/ -- The voice biometrics market is set to grow by USD 2.02 billion, progressing at a CAGR of 18.81% between 2020 and 2025.
  • Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
  • Therefore, the voice recognition biometrics market in this territory is expected to garner significant business opportunities for the vendors during the forecast period.
  • The US is the key market forvoice biometricsin North America.The increased adoption in the healthcare sectorwill facilitate thevoice biometrics market growth in this region over the forecast period.

Valued to be $65.6 Billion by 2026, Mobile Biometrics Slated for Robust Growth Worldwide

Retrieved on: 
Thursday, October 21, 2021

Geographies:World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Key Points: 
  • Geographies:World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • The U.S. Market is Estimated at $7 Billion in 2021, While China is Forecast to Reach $11.4 Billion by 2026
    The Mobile Biometrics market in the U.S. is estimated at US$7 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Global Biometrics Market Size to Reach USD 99.63 Billion in 2027 | Increasing Penetration of Smartphones Around the World and Increasing Integration of Biometric Systems with Iot Devices are Some Key Factors Driving Industry Demand, says Emergen Research

Retrieved on: 
Monday, August 9, 2021

Increasing penetration of smartphones around the world is one of the key factors expected to drive biometrics market revenue growth over the forecast period.

Key Points: 
  • Increasing penetration of smartphones around the world is one of the key factors expected to drive biometrics market revenue growth over the forecast period.
  • Increasing integration of biometric systems with IoT devices is another factor expected to propel revenue growth of the market going ahead.
  • In order to identify a user, behavioral biometrics uses now-common smartphones and IoT devices to collect important data sets.
  • However, concerns regarding data security are expected to hamper growth of the global biometrics market over the forecast period.

Global Biometrics Market Size to Reach USD 99.63 Billion in 2027 | Increasing Penetration of Smartphones Around the World and Increasing Integration of Biometric Systems with Iot Devices are Some Key Factors Driving Industry Demand, says Emergen Research

Retrieved on: 
Monday, August 9, 2021

Increasing penetration of smartphones around the world is one of the key factors expected to drive biometrics market revenue growth over the forecast period.

Key Points: 
  • Increasing penetration of smartphones around the world is one of the key factors expected to drive biometrics market revenue growth over the forecast period.
  • Increasing integration of biometric systems with IoT devices is another factor expected to propel revenue growth of the market going ahead.
  • In order to identify a user, behavioral biometrics uses now-common smartphones and IoT devices to collect important data sets.
  • However, concerns regarding data security are expected to hamper growth of the global biometrics market over the forecast period.

Over $ 2 Bn growth expected in Iris Recognition Market during 2020-2024 | Technavio

Retrieved on: 
Wednesday, August 4, 2021

Ltd.To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.

Key Points: 
  • Ltd.To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
  • The report also covers the following areas:
    The iris recognition market is fragmented, and the degree of fragmentationwill accelerate.
  • The increased adoption of iris recognition in the government sector will offer immense growth opportunities.
  • Backed with competitive intelligence and benchmarking, our research reporton the iris recognition market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

NEC Applauded by Frost & Sullivan for its Vertical-specific Biometric Identity Solutions

Retrieved on: 
Monday, March 29, 2021

NEC's pivot toward biometrics solutions provides the company with significant growth opportunities to develop new, large-scale identity solutions and use cases outside of traditional biometrics markets.

Key Points: 
  • NEC's pivot toward biometrics solutions provides the company with significant growth opportunities to develop new, large-scale identity solutions and use cases outside of traditional biometrics markets.
  • This focus on identity solutions, powered by biometrics, has allowed it to go beyond traditional government or enterprise customers and move toward a B2C strategy through tailored, vertical-specific solutions.
  • As the pioneer of many of the world's largest national biometric ID programs, passenger biometric and identity programs, and large-scale biometric access control systems, NEC remains the global biometrics industry leader.
  • "With the evolution of its biometrics and digital identity solutions, NEC has seen a shift in how it conducts its sales activities, including more business-to-consumer opportunities and expansion into markets that are yet to adopt digital identity solutions."