Global Biometric sensors Market is Estimated to Reach $1.8 Billion by 2024
Global biometric sensors market report published by Accurize Market Research forecast that the global market is expected to reach $1.8 billion by 2024; growing at a CAGR of 9.6% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Increasing demand for fingerprint identification in Smartphone’s, tablets, and other electronic devices across the globe to drive the growth of the market
Increasing demand for fingerprint identification in Smartphone’s, tablets, and other electronic devices fuels the demand for the global biometric sensors market. Moreover, various innovative features such as light weight and compact design also boost the growth of the market.
The global biometric sensors market has been bifurcated on the basis of type, application, end-user and geography. By type, the global biometric sensors market is further segmented into thermal sensors, ultrasound sensors, capacitive sensors, optical sensors, and electric field sensors. By application, the market is classified into hand scan, finger scan, voice scan, vein scan, iris scan, facial scan, and others. By end user, the market is bifurcated into consumer electronics, defense & security, medical & research la