According to this latest report, now available on ASDReports, ‘The Government Biometric market is expected to register a CAGR of 6.37%, to reach US$7.9 billion in 2027. The market consists of five segments: Facial Recognition, Fingerprint Recognition, Signature Recognition, Iris/Retinal Recognition and Other Technologies. The fingerprint identification segment is expected to account for largest share, 36.4% of the market, followed by the facial recognition segment. Currently, North America dominates the sector with a share of 47.9%, followed by Asia-Pacific and Europe.
Source: ASDReports - Market Research
Date: Oct 12, 2017