The Global Biometric System Market is estimated to reach USD 66.4 Billionin 2024 at a CAGR of 15.6%. Increasing adoption of creating biometric identities of citizens is expected to drive the biometric system market during the forecast period. However, high implementation and maintenance cost is expected to restrain the market during the forecast period ... Read more
The competitive scenario of the global military biometrics market is intense and extremely competitive and Transparency Market Research (TMR) in its latest report predicts that the competition will gain more momentum in the years to come on account of new players entering in the market. These new players could possibly cause ripples among the large pool of existing global players. The ... Read more
According to the recent study the biometric system market is projected to reach an estimated $51.3 billion by 2027 from $26 billion in 2021, at a CAGR of 12% from 2021 to 2027. Growth in this market is primarily driven by increasing focus of safety and security in private and business sectors related to unauthorized access, growth in the e-passport program for personal ... Read more
