Market Report: A Glance at the Countries Leading the Biometrics Revolution
We took a look at the top countries investing the most into
biometrics and identity management technology. According to a market
report published by Credence Research Inc., the global biometrics
technology market is expected to reach US$34.5 billion by 2022. The
report emphasizes that the primary factor influencing the growth of
biometrics systems is government adoption. Governments across the world
are adopting biometrics technologies for access authorization,
identification and verification, e-passport management and national
border control projects. The Asia-Pacific region is expected to see the
fastest growth, with increasing adoption of biometrics technologies
particularly in India and China. North America accounted for the largest
revenue share followed by Europe.
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