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Global Biometrics Technology Market Analysis, Size, Share, Growth To 2020 by Grand View Research, Inc.

Global Biometrics Technology Market Analysis, Size, Share, Growth To 2020 by Grand View Research, Inc.

The global biometrics technology market is expected to reach USD 24.59 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for biometrics technology across various applications is expected to favor market growth over the next six years. Biometrics technology is used by several verticals in the private, public and commercial sectors to overcome security threats, which is expected to fuel market demand over the forecast period.

Increasing demand in consumer electronics to enhance customer experience is expected to drive the biometrics technology market over the next six years. Implementation in e-commerce applications may enable secure transactions and can provide new opportunities to the biometrics technology market. High initial investment may hinder market growth over the forecast period.

To request a sample copy or view summary of this report, click the link below:

http://www.grandviewresearch.com/industry-analysis/biometrics-industry

 

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit  http://www.grandviewresearch.com/

 

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Phone: 1-415