Market Overview

Global Biometric Sensor Market Forecasts from 2018 to 2023 - ResearchAndMarkets.com

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The "Global
Biometric Sensor Market - Forecasts from 2018 to 2023"
report
has been added to ResearchAndMarkets.com's offering.

Global biometric sensor market is projected to witness a CAGR of 11.49%
during the forecast period to reach a total market size of US$1,831.088
million by 2023, increasing from US$953.627 million in 2017.

A biometric sensor uses a person's behavioral or physiological
characteristics for authentication purposes. These characteristics
includes fingerprint, face, keystroke, signature, and DNA among many
others. The major factors driving the demand for these sensors are
increasing adoption of electronic attendance in workplaces globally,
rising smartphone sales, and security concerns leading to the
installation of state-of-the-art biometric systems. However, low
awareness of these sensors in developing countries might restrict the
growth of this market during the forecast period.

Europe held a significant market share owing to continuous development
of state-of-the-art security solutions coupled with high adoption of
these sensors. The Asia Pacific and South American region are projected
to witness impressive growth over the forecast period.

Major industry players profiled as part of the report are HID Global
Corporation, Infineon Technologies AG, Integrated Biometrics, NITGEN
CO., LTD., and NEXT Biometrics among others.

Segmentation:

The global biometric sensor market has been analyzed through following
segments:

By Type

  • Physiological
  • Face
  • Fingerprint
  • DNA
  • Others
  • Behavioral
  • Keystroke
  • Signature
  • Voice

By End User Industry

  • Automotive
  • Consumer Electronics
  • Security and Surveillance
  • Aerospace and Defense
  • BFSI
  • Others

Companies Mentioned

  • HID Global Corporation
  • Infineon Technologies AG
  • Integrated Biometrics
  • NITGEN CO., LTD.
  • NEXT Biometrics
  • IDEX ASA
  • Fujitsu

For more information about this report visit https://www.researchandmarkets.com/research/477g76/global_biometric?w=4

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