Global Government Biometric Market to Value US$62.8 Bn Over 2017-2027

Thursday 12 October 2017, Amsterdam

Market Research Report Press Release According to this latest report, now available on ASDReports, ‘The Government Biometric market is expected to register a CAGR of 6.37%, to reach US$7.9 billion in 2027. The market consists of five segments: Facial Recognition, Fingerprint Recognition, Signature Recognition, Iris/Retinal Recognition and Other Technologies. The fingerprint identification segment is expected to account for largest share, 36.4% of the market, followed by the facial recognition segment. Currently, North America dominates the sector with a share of 47.9%, followed by Asia-Pacific and Europe.

Drivers
  • Government and law enforcement projects to boost demand for biometric systems
  • Technological upgrades and advancements acting as a key driver for spending on the market
 Trends
  • Biometric ID cards continue to replace conventional identity cards world-wide
  • Multimodal biometrics are more in demand over Unimodal biometrics
  • Governments use of biometrics to secure borders to foster demand
  • Mobile Biometrics devices are becoming popular with various governments
 Challenges
  • Data hacking pose a serious threat to biometric solutions
  • Privacy of data and protection of civil rights poses a challenge for biometric systems market
  • Complexity and cost of deployment, a key barrier for the biometric systems market
Global Government Biometrics Market 2017-2027

Global Government Biometrics Market 2017-2027

Publish date : September 2017
Report code : ASDR-419133
Pages : 161

ASDReports.com Media contact: S. Koopman - Marketing and Communications

ASDReports.com / ASDMedia BV - Veemkade 356 - 1019HD Amsterdam - The Netherlands
P : +31(0)20 486 1286 - F : +31(0)20 486 0216 - E : stefan.koopman@asdreports.com

 back to News