The biometrics market is projected to see significant growth by 2027 due to surging adoption of the product in leading regions across the globe.

Biometrics refers to a means of identification and authentication through the unique biological characteristics of individuals. It helps authenticate a person’s identity based on verifiable and recognizable data, which has supported product penetration globally.

Notably, industry players are implementing profitable strategies to fortify their market presence, thereby propelling business growth. For instance, in August 2021