Biometric Sensors Market is Projected to Reach $3.31 billion by 2030
PORTLAND, OR, UNITED STATES, March 16, 2023 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Biometric Sensors Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global biometric sensors market size was valued at $1.15 billion in 2020, and is projected to reach $3.31 billion by 2030, registering a CAGR of 11.8% during the forecast period. The North America region is expected to be the leading contributor to the global market during the forecast period, followed by Asia-Pacific and Europe.
The report offers an insightful analysis of the Biometric Sensor Market 2023-2030 based on revenue size, share, sales estimation, and key drivers. The report also includes detailed statistics on the opportunities, restraints, and drivers that have a direct impact on the market growth. On the basis of key product offerings, the market study further promotes a sustainable market scenario.
The study highlights the plans and policies adopted by the topmost industry players to maintain their position in the Biometric Sensor Market by making them operational players in that sector. The market leaders have been carefully evaluated based on their revenue size, service/product portfolio, regional presence, important plans & policies, and overall market growth contribution. The primary research contains a thorough and exhaustive discussion with a global participant, while the secondary research includes a large volume of product or service descriptions.
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Competitive Landscape:
The key players of the global Biometric Sensor Market examined in the report include CROSSMATCH Technologies Inc., Fujitsu, Fulcrum Biometrics, Thales Group, IDEX ASA, Infineon, NEC Corporation, Precise Biometrics AB, SAFRAN S.A. and ZKTECO Inc.
The market report includes an in-depth analysis of significant business developments, including the introduction of new product launches, partnerships, mergers & acquisitions, joint ventures, expansion, and others. The study accurately distinguishes their relative share, company profiles, product choices, business perspectives, and revenue shares. The research report also includes a thorough analysis of all the global trends and technologies.
COVID-19 Scenario:
The pandemic outbreak had a significant impact on the world economy. The report provides a comprehensive analysis of the significant effects of the global health crisis on the Biometric Sensor Market using micro- and macroeconomic analysis. Moreover, the study also offers a thorough analysis of the plans and policies that the major market players implemented during the lockdown period. Additionally, it concentrates on the post-pandemic situation because various government agencies proposed some modifications to the existing regulations. With the introduction of vaccines such as Sputnik, Covaxin, and Covishield, the global situation has gotten back to normalcy and the Biometric Sensor Market is anticipated to get back on track soon.
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Investment research:
The Global Biometric Sensor Market Report also examines upcoming business opportunities across the industry. These minute details ensure that shareholders are fully informed of the current investment prospects of the market.
Key areas covered in the global Biometric Sensor Market report:
1. Recent developments and trends.
2. Drivers, restraints, and opportunities of the market.
3. Leading market players and their shareholdings.
4. Covid 19 impact on the market.
By Type
• Capacitive Sensors
• Optical Sensors
• Thermal Sensors
• Ultrasound Sensors
• Electric Field Sensors
BY APPLICATION
• Voice Scan
• Finger Scan
• Hand Scan
• Facial Scan
• Iris Scan
• Vein Scan
• Others
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, France, UK, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
• LAMEA (Latin America, Middle East, Africa)
By KEY PLAYERS
• CROSSMATCH Technologies Inc.
• Fujitsu
• Fulcrum Biometrics
• Thales Group
• IDEX ASA
• Infineon Technologies
• NEC Corporation
• Precise Biometrics AB
• SAFRAN S.A.
• ZKTECO Inc.
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