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Biometrics Market size 2021-2027 |Industry Growth Report

Biometrics market share from iris recognition technology is predicted to witness notable growth owing to its widespread adoption as it boasts highly accurate user authentication techniques.<br><br>Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/493

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Biometrics Market size 2021-2027 |Industry Growth Report

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  1. Biometrics Market is projected to reach CAGR 13% by 2027

  2. Key Insights from Biometrics Market: • Biometrics market share from iris recognition technology is predicted to witness notable growth owing to its widespread adoption as it boasts highly accurate user authentication techniques. This type of biometric recognition technology uses identification algorithms to measure the iris boundaries and render a precise and distinct representation of individuals among a population. • Biometric iris recognition technology has a very high growth potential in densely populated countries owing to its low rate of false matches. For instance, more than 1 billion iris data have been collected under the Aadhaar Unique Identification program by the Government of India. Air and seaports in the UAE also use iris identity validation for secured entry of people.

  3. Regional Insights in Biometrics Market: • North America is anticipated to generate considerable market share for the global biometrics market owing to the flourishing consumer electronics sector in the region. There has been a growing integration of voice-enabled technologies in various high-end systems, such as smart home devices in the U.S. • Various government facilities in the region are also installing voice recognition systems to easily identify individuals with their unique voice patterns. Moreover, the growing adoption of these advanced identification and authentication solutions across government and defense sectors is likely to complement the biometrics business in North America.

  4. Latest Research Report On Biometrics Market @ https://www.gminsights.com/industry-analysis/biometrics-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/493

  5. Major Companies in Biometrics Market: • Aware Inc. • Accenture PLC • ASSA ABLOY AB • Fujitsu Ltd. • Idemia • NEC Corporation • Nuance Communications Inc. • Thales Group • Stanley Convergent Security Solutions Inc. • Leidos Holdings • Megvi (Face++)

  6. Industry Coverage

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