Global Biometric Sensor Marke

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Global Biometric sensors Market 2018 2025

• Published By
• Accurize Market Research

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Global Biometric sensors Market is Estimated to
Reach 1.8 Billion by 2024, Says Accurize Market
Research

• Global biometric sensors market report published
  by Accurize Market Research forecast that the
  global market is expected to reach 1.8 billion
  by 2024 growing at a CAGR of 9.6 from 2017 to
  2025. By geography, Asia Pacific and North
  America are expected to grow at a CAGR of XX and
  XX, respectively, during the forecast period.
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• https//www.accurizemarketresearch.com/report/biom
  etric-sensor-market/sample-request

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• Increasing demand for fingerprint identification
  in Smartphones, tablets, and other electronic
  devices across the globe to drive the growth of
  the market
• Increasing demand for fingerprint identification
  in Smartphones, tablets, and other electronic
  devices fuels the demand for the global biometric
  sensors market. Moreover, various innovative
  features such as light weight and compact design
  also boost the growth of the market.
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  etric-sensor-market/ask-for-customization

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Market Segmentation

• The global biometric sensors market has been
  bifurcated on the basis of type, application,
  end-user and geography.
• By type, the global biometric sensors market is
  further segmented into thermal sensors,
  ultrasound sensors, capacitive sensors, optical
  sensors, and electric field sensors.
• By application, the market is classified into
  hand scan, finger scan, voice scan, vein scan,
  iris scan, facial scan, and others.
• By end user, the market is bifurcated into
  consumer electronics, defense security, medical
  research labs, commercial centers buildings,
  banking financial services, and others.
• By geography the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW).
• The U.S., Mexico and Canada are covered under
  North America wherein Europe covers UK, France,
  Germany, and others. Asia-Pacific covers China,
  India, Japan, Taiwan, South Korea, and others.
  RoW covers South America, Middle East and Africa

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• Finger scan accounted for the largest market
  share in the application segment", says Accurize
• By application segment, finger scan accounted
  for the largest market share in the overall
  application segment in 2017, driven by rise in
  demand for data security and growth in cases of
  identity theft. However, the voice scan segment
  is anticipated to attain the fastest CAGR during
  the forecast period 2017-2025.
• Furthermore, commercial centers buildings
  dominated the end user segment accounting for
  around one-third of the global market share in
  2017.

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• Asia-Pacific dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• In 2017, Asia-Pacific accounted for the largest
  market share of 34.2 in 2017, owing to rise in
  adoption of biometric sensors across various
  industries such as, IT telecommunication,
  banking, financial sector and others.
• North America accounted for the second largest
  market share of 28.8, driven by technological
  advancement and rising application of biometric
  technology in commercial sectors and
  international airports.
• In terms of growth, RoW is expected to attain the
  fastest CAGR of 11.9 during the forecast period
  2017-2025.
• The growth would be primarily seen due to the
  increasing penetration of Smartphones and other
  biometric based electronics devices in countries
  such as Japan, China, and India.

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Top players in the market

• The key market players include
• Precise Biometrics Ab
• Infineon Technologies AG
• Suprema Inc.
• Fulcrum Biometrics
• NEC Corporation
• Safran
• 3M
• ZKTecoInc
• CrossMatch Technologies Inc. and
• IDEX ASA among others.

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