The global biometric authentication and identification market is expected to reach $ 8,798.9 million in 2026, at a compound annual growth rate (CAGR) of 16.30% during the forecast period 2021-2026 .

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Market segmentation. Global Biometric Authentication and Identification Market by End User. Government agencies within the end-user of the global biometric authentication and identification market will capture the highest market share in the years to come.

New York, November 02, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Biometric Authentication and Identification Market – A Global and Regional Analysis: Focus on End User, Function, product type, deployment model and country – Analysis and forecast, 2021-2026 “- https://www.reportlinker.com/p06178590/?utm_source=GNW
The growth can be attributed to the mass identification initiatives taken by government agencies across the world.

The integration of biometric authentication into several government operations such as public switching and education has also spurred opportunities within the segment.

Global Biometric Authentication and Identification Market by Function

The contactless segment in the global biometric authentication and identification market deployment model will experience the highest growth rate over the next few years. The main driving factor for the contactless segment is the change in consumer behavior after the COVID-19 pandemic.

With growing concerns about social distancing and the focus on avoiding public surfaces, the consumer is leaning towards contactless authentication systems such as facial recognition and iris recognition.

Global Biometric Authentication and Identification Market by Product Type

The fingerprint segment within the product type of the global biometric authentication and identification market will capture the highest share, while facial recognition will experience the highest growth rate in the next few years. Attributes such as ease of integration, economical application cost and user-friendly ecosystem are the main factors driving acceptance of fingerprint authentication systems.

The integration of fingerprint authentication systems after the pandemic was so aggressive that it will meet the higher market share even in the years to come.

Global Biometric Authentication and Identification Market by Deployment Method

The on-premises segment as part of the deployment of the biometric authentication and identification system model will cover the highest market share in terms of value. The varied scope like integration in enterprises, government facilities, national borders and airports, among others for access control, has allowed the segment to claim the highest market share.

Global Biometric Authentication and Identification Market by Region

North America is expected to represent the highest share of the global biometric authentication and identification market. This is due to the large number of businesses based in the region and the increased spending by government organizations for the purchase and implementation of a biometric authentication and identification system.

Key Market Players and Competition Summary

ASSA ABLOY, Fingerprint Cards AB, Fujitsu, IDEMIA, NEC Corporation, Precise Biometrics, Secunet Security Networks, Siemens AG, Thales Group

The companies featured in the report were selected after going through in-depth interviews with experts and including company details such as product portfolio, annual revenue, market penetration, research and development initiatives, and presence. national and international in the biometric authentication and identification industry.

Covered countries
• North America
• WE
• Canada
• Europe
• Germany
• France
• Russia
• UK
• The rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• Rest of Asia-Pacific
• Rest of the world
• Africa
• Latin America
• Middle East
Read the full report: https://www.reportlinker.com/p06178590/?utm_source=GNW

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