Global Biometrics Technology Market Report and Forecast 2025-2034

Increased Deployment of Automated Fingerprint Identification System (AFIS) to Facilitate Biometric Identification to Aid the Biometrics Technology Industry

Based on type, the AFIS segment accounts for a significant share in the market owing to the rising utilisation of AFIS in law enforcement and defence applications. This can be attributed to the highly efficient and reliable nature of AFIS methodology to obtain, store, and analyse fingerprint data. In addition to this, AFIS is subject to upgradation and is easy to maintain. Moreover, the growing acceptance of AFIS in rehabilitation centres, district stations, hospitals, law enforcement agencies, and government offices dealing with the identification of citizens is expected to aid the industry in the forecast period.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

The Asia Pacific Accounts for a Significant Share in the Market

The market in the Asia Pacific is driven by the growing government emphasis on adopting advanced technologies to enhance security in industries like banking and defence. For instance, the rapid digitalisation in India has propelled the adoption of biometrics technology in various sectors. Furthermore, the growing urbanisation in emerging economies of the continent is anticipated to provide impetus to the market in the forecast period.

Biometrics Technology: Market Segmentation

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Rising Application of Biometrics Technology in the Banking Sector to Boost the Growth of the Biometrics Technology Industry

The rising application of biometrics technology in the banking sector is driving the market growth. The primary factors propelling the adoption of this technology across the baking sector are the accuracy, assistance, and increased safety against fraudulent processes. The growing cases of extortion, misidentification, and identity theft are likely to augment the market in the forecast period. In addition to this, the database of clients and customers becomes easily accessible after deploying biometrics technology, which bolsters the convenience, thereby driving its demand. Over the forecast period, the rapid advancements in technology are expected to bode well for the market.

Key Industry Players in the Global Biometrics Technology Market

The report gives a detailed analysis of the following key players in the global biometrics technology market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Accu-Time Systems, Inc.
• BIO-key International, Inc.
• DERMALOG Identification Systems GmbH
• Fujitsu Limited
• HID Global
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.