forecast, technology

Forecast: Global biometrics market to see 19.6% CAGR through 2020

Biometrics – A Global Market Overview (Research and Markets)

The global market for Biometrics is slated to post a strong CAGR of 19.6% between 2014 and 2020 to reach a projected US$30.1 billion by 2020 from an estimated US$10.3 billion in 2014. Fingerprint recognition is estimated the largest technology with market worth US$3.2 billion in 2014 while Civil ID is slated to be the largest application with global market of US$4.6 billion in the same year.

Previous ArticleNext Article
Translate »