Biometrics to drive physical access control system market growth
The worldwide market for physical access control systems will grow at a 9 percent compound annual growth rate (CAGR) from…
market report
Biometric Update regularly publishes news related to the term "market report." The following set of links is available to assist you with finding biometrics news concerning "market report" and other relevant terms. More tags may be perused by reviewing our entire Biometrics Topics list.
Speaker ID is the sleeper biometric function speech apps need to nail
Speaker identification is the kind of biometric block-and-tackle tech feature that gets overlooked by vendors and even buyers in favor…
Biometrics segment largest in AIDC market projected at over $100B by 2025
Biometrics made up the largest share of the global market for automatic identification and data capture (AIDC) technologies in 2020,…
2.5M biometric payment cards in 2021 could be first step for future ‘de facto payment type’
There could be 2.5 million biometric payment cards issued in 2021, ABI Research forecasts, in the first step towards becoming…
Government biometrics initiatives to boost $18B market growth
Market research company Technavio announced a major boost to the biometrics market due to increased government initiatives. According to its…
Physical access control with biometrics and mobile ID market showing strength
Biometrics and digital credentials for secure access control, more often than ever in the form of facial recognition for contactless…
Biometric systems market to grow by over $30B in next five years, report says
The global market for biometric systems will nearly double to be worth $68.6 billion in 2025, up from an estimated…
Biometrics to fuel smart home market growth of $127B by 2027
Rapid development of advanced technologies like biometrics is fueling the growth of the global smart home market. Verified Market Research…
Biometrics to drive robust growth in digital door lock and smart doorbell markets
Both the digital door lock system and the smart doorbell market are going to be experiencing substantial growth over the…
Facial recognition market to grow at 12 percent CAGR to 2024, Technavio forecasts
A new report by market research company Technavio has estimated a 12 percent compound annual growth in the facial recognition…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection