Biometrics Market to Witness Steady Growth of 20% During 2020-2024 : NEC Corporation, Smartmatic, ZKTeco Inc, 3M Cogent, Lockheed Martin, IDEMIA
Global biometrics market size is estimated to surpass USD 50 billion by 2024; according to a new research report by Global Market Insights, Inc. High acceptance among various verticals including mobile banking and financial services owing to rising security concerns has enhanced biometrics market size. Government initiatives for biometrics implementation coupled with high deployment for criminal identification will remain the key factors driving industry demand.
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