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Latest Global Biometric Sensors Market Report 2019 to Talk about Historical Development (2014-2018) and Estimated Forecast (2019-2025)

Biometrics is the technical term for body measurements and calculations. It refers to metrics related to human characteristics. Biometrics authentication is used in computer science as a form of identification and access control. It is also used to identify individuals in groups that are under surveillance. Biometric identifiers are the distinctive, measurable characteristics used to label and describe individuals. Biometric identifiers are often categorized as physiological versus behavioral characteristics. Physiological characteristics are related to the shape of the body. Examples include, but are not limited to fingerprint, palm veins, face recognition, DNA, palm print, hand geometry, iris recognition, retina and scent. Behavioral characteristics are related to the pattern of behavior of a person, including but not limited to typing rhythm, gait, and voice. Some researchers have coined the term behaviometrics to describe the latter class of biometrics.

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Surge in demand for fingerprint identification for getting access in smart devices and smart phones is positively impacting the growth of biometric sensors market. Moreover, increased demand for smartwatches, wearable devices, consumer electronic products, and biometric sensor based tablets, are also contributing in the development of the overall market. Ease of usage of biometric sensors is another factor driving the demand in the market. These sensors are compact and lightweight, which makes them easy to handle and install. Additionally, rising demand for better data safety and security as per the application is another factor propelling the market growth. However, there are some factors are expected to hamper the market growth. There are several regions whose cultural hindrance is restricting the potential growth of the market. Along with this, lack of standardization of the implementation and development and process is as well expected to bring down the demand of global biometric sensors in the market.

APAC is the largest revenue-generating region in the market and is likely to occupy more than 34% of the overall market revenue during the forecast period. Much of the region’s growth can be attributed to the growing shift of various organizations from smart-card-based systems to biometric-based systems. The governments of several APAC nations such as India are increasingly using fingerprint biometrics for varied purposes including supervision of employee attendance and for preventing infiltration across borders. The Indian government has also introduced Aadhar Card issued by Unique Identification Authority of India (UIDAI) for biometric attendance system in government organizations. The growing investments in the security-related projects and cross-border management will spur the growth prospects for the market in this region over the next few years.

The global Biometric Sensors market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Biometric Sensors volume and value at global level, regional level and company level. From a global perspective, this report represents overall Biometric Sensors market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

Key companies profiled in Biometric Sensors Market report are 3M, Crossmatch, NEC, Safran and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.

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Table of Content

1 Biometric Sensors Market Overview

2 Global Biometric Sensors Market Competition by Manufacturers

3 Global Biometric Sensors Production Market Share by Regions

4 Global Biometric Sensors Consumption by Regions

5 Global Biometric Sensors Production, Revenue, Price Trend by Type

6 Global Biometric Sensors Market Analysis by Applications

7 Company Profiles and Key Figures in Biometric Sensors Business

8 Biometric Sensors Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Global Biometric Sensors Market Forecast

12 Research Findings and Conclusion

13 Methodology and Data Source