The Biometrics Global Market Report 2021-31 by The Business Research Company describes and explains the global biometrics market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The reports have been updated with the most recent Ukraine-Russia War impact on market growth for all 27+ industries. The reports also provide possible solutions and opportunities for surviving this crisis.
The Biometrics Global Market Report 2022 covers biometrics market drivers, biometrics market trends, biometrics market segments, biometrics market growth rate, biometrics market major players, and biometrics market size.
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The biometrics market report provides in-depth analysis of the impact of COVID-19 on the global biometrics industry along with revised market numbers due to the effects of the coronavirus and the expected biometrics market growth numbers for 2022-2031.
The global biometrics market size is expected to grow from $27.88 billion in 2021 to $32.48 billion in 2022 at a compound annual growth rate (CAGR) of 16.50%. The global biometrics market size is expected to grow to $59.32 billion in 2026 at a compound annual growth rate (CAGR) of 16.25%.
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Biometrics Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the biometrics market segments-
1) By Biometric Type: IRIS Recognition, Hand Geometry, Facial Recognition, Signature Verification, Fingerprint, Voice Recognition, Palm Vein
2) By Functionality: Contact, Non-contact, Combined
3) By End-User: Government, Defense Services, Banking and Finance, Consumer Electronics, Healthcare, Commercial Safety and Security, Transport/Visa/Logistics, Others
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