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The Impact of COVID-19 is included in Biometric System Market. Buy it today to get an advantage.

Request the impact of COVID-19 on your product or industry

The global biometric system market looks promising with opportunities in the government, commercial, healthcare, and banking sector. The global biometric system market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $48.1 billion by 2025 with a CAGR of 14% to 16% from 2020 to 2025. The major growth drivers for this market are increasing focus of safety and security in private and business sectors related to unauthorized access, growth in the e-passport program for personal identification, and the growing adaption of voice recognition systems in the banking and financial services sector. 

Emerging trends, which have a direct impact on the dynamics of the biometric system industry, include development of advanced biometric modalities, such as body odor, ear pattern, and lip biometrics and increasing use of advanced biometric sensors. 

A total of 87 figures / charts and 64 tables are provided in this 176-page report to help in your business decisions.  Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of the biometric system market report, download the report brochure.