The report of Government Biometrics Market by Technology (Fingerprint Recognition ,Facial Recognition ,Iris/Retinal Recognition ,Signature Recognition ,Voice Recognition and Hand Recognition), Authentication (Single Factor Authentication and Multi-Factor Authentication), Applications (Border Control ,Public Safety ,E-Passport ,Voter Registration ,Latent Print Matching ,National ID ,Healthcare and Welfare and Others) ,and Region (North America, Asia Pacific, Europe, South America, Middle East & Africa) is expected to reach US$ 7.50 Bn by 2026, at a CAGR of XX% during a forecast period.
The biometrics processes that are used to recognize and authenticate people based on their physical or behavioral features. They equal an individual’s identifiers to their biometrics template already stored in the database. Biometrics identifiers can be divided into two categories, namely, physiological and behavioral features. Physiological features include fingerprint, palm print, DNA, iris, and retina.
The iris/retinal recognition segment is expected to grow at the highest XX% CAGR during the forecast period.
The iris/retinal recognition is one of the fastest developing segments among the type of solution. The iris recognition presentation in the consumer electronics segment is expected to witness the maximum growth rate during the forecast period, mainly owing to the commercialization of various iris image-based electronic devices, like smartphones, smart watches, tablets, and others. However, factors, such as high deployment costs and privacy intrusion, are estimated to hamper the growth of the market.
North America is expected to be the leading region in the government biometrics market during the forecast period.
The North America region is expected to lead the government biometrics market, in terms of both value and volume, during the forecast period. The development of green buildings, rising energy efficiency codes, and building specifications are expected to drive the thin film sensor market growth in the North American region. Additionally, increasing focus on energy-efficient buildings, stringent requirements for insulation, and new building codes have generated awareness regarding thermal insulation in buildings in the region.
Key players operating the Global Government Biometrics Market are NEC Corporation, Daon Inc., Gemalto N.V. ,Safran Electronics and Defense SAS ,Thales SA ,Secunet Security Networks AG, Precise Biometrics AB ,Accu-Time Systems Inc. ,Cognitec Systems, Fujitsu Limited ,3M Cogent Inc. ,IDTECK ,Siemens AG ,RCG Holdings Ltd. ,Suprema Inc, Lumidigm Inc. ,IrisGuard Inc. ,DigitalPersona Inc. Morpho SA
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Government Biometrics Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Government Biometrics Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Government Biometrics Market positioning of competitors.
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