Biometrics Market to grow with CAGR more than 18.7 % through 2028
Increasing penetration of smart phones and extensive use in criminal identification are significant factor driving the growth of the global biometrics market in the forecast period of 2023-2028. According to TechSci research report, “ Global Biometrics Market – Industry Size, Share, Trends, Competition, Opportunity And Forecast, 2018-2028F ” . The global biometrics market is projected to expand in the coming years. The use of biometrics is increasing significantly in both the public and private sectors as, biometrics have a wide variety of application which requires reliable personal recognition schemes to either confirm or determine the identity of an individual requesting their services. For instance, in March 2018, British Airways enabled new biometric boarding gates at Orlando International Airport, to board almost 240 customers in around 10 minutes. The global biometrics market is segmented into by solution type, by functionality type, by application, by end-use industr...