FB pixel

Global government biometrics systems market to reach $10.2 B by 2025: Strategic Defence Intelligence

| Justin Lee
Categories Biometrics News  |  Facial Recognition  |  Fingerprint Recognition  |  Government Services  |  Iris / Eye Recognition
 

Strategic Defence Intelligence has published a new report entitled “The Global Government Biometric Systems Market 2015-2025“, which estimates the global biometric systems market to be valued at US$4.4 billion in 2015.

Additionally, Strategic Defence Intelligence forecasts that the market will increase at a CAGR of 8.70% during the forecast period to reach a peak value of US$10.2 billion by 2025.

The report analyzes a number of key areas regarding the global government biometric systems market, including both historic and forecast global industry values, market trends, the challenges faced by industry participants, analysis of industry leading companies, and relevant news.

There is also a detailed overview of the government biometrics systems market with market size forecasts covering the next 10 years.

Strategic Defence Intelligence establishes that the market is comprised of five categories of biometric systems, including fingerprint recognition, facial recognition, iris/retinal recognition, signature recognition, and other technologies.

The report estimates that the fingerprint recognition segment is expected to amount to 34.9% of the market, followed by the facial recognition segment, with a share of 29.8%, iris/retinal recognition and signature recognition segment with a share of 14.9% and 7.8% respectively, and 12.7% is accounted for by other technologies.

During the forecast period, the total global expenditure on biometric systems is expected to reach US$73.3 billion, said the report.

Article Topics

 | 

Latest Biometrics News

 

California nears vote on social media age checks amid privacy clash

Debate surrounding California’s latest age assurance law is seeing rhetoric amp up on both sides of the issue, with lawmakers…

 

UNICEF unveils guide for design of DPI systems that work better for children

Sometimes, countries design digital public infrastructure (DPI) systems that either harm or totally exclude children from enjoying some of their…

 

Turks and Caicos national digital ID to be ready in 2027: Govt

The Turks and Caicos Islands have announced new investments in its long-awaited digital ID program, along with details of the…

 

Executive hires across NEC, ID.me, RealSense, Women in ID signal growth push

A series of senior leadership moves across the digital identity, biometrics and government technology sectors this week signal continued momentum…

 

Fingerprint Cards’ transformation lifts 2025 results

Fingerprint Cards completed its final full year before its planned merger with Precise Biometrics with revenue up, costs down and…

 

Sri Lanka’s local governments go digital

The Ministry of Public Administration, Provincial Councils, and Local Government in Sri Lanka has started a program aimed at digitalizing…

Comments

16 Replies to “Global government biometrics systems market to reach $10.2 B by 2025: Strategic Defence Intelligence”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Continue Reading

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Learn More

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events