Biometrics industry could lose $2B this year from pandemic, but facial recognition market to grow
A new report from ABI Research forecasts a revenue drop of $2 billion this year in the biometric device market…
Biometrics Research Group Inc. estimates the global biometrics market will grow to US$55.5 billion by 2025 from its projected 2020 value of US$35.5 billion.
Ongoing coverage of market analysis, research and forecasts for the biometrics industry. In addition to market research on the general biometrics and digital ID industries, coverage ranges from individual modalities and market segments to related hardware segments like cameras and applications such as mobile payments.
A new report from ABI Research forecasts a revenue drop of $2 billion this year in the biometric device market…
The biometrics market will be worth $76.64 billion by 2027 after increasing from $17.28 billion in 2018, at an 18…
The sudden emphasis on remote access, people-screening and face masks is creating a forced evolution in the biometrics market, according…
Contactless biometric technology will ride the wave created by the COVID-19 pandemic to a CAGR of 17.4 percent from 2020…
The privacy, bandwidth, and other potential benefits of performing facial recognition directly on edge computing devices will push the market…
The worldwide facial recognition market will increase at a CAGR of 14.5 percent to reach $9.93 billion by 2027, Grand…
Touchless biometrics will be among major drivers pushing the touchless sensing market to grow from $6.8 billion this year to…
The market for global biometrics is forecast to reach $45.96 billion in 2024, based on a compound annual growth rate…
Authentication and identity management providers are the top attraction in the $6.6 billion cybersecurity venture investment market in 2019, CSO…
The global market for consumer biometrics is forecast to have a CAGR of 19.6 percent from 2020 to 2025 by…