The biometrics market has witnessed drastic changes owing to constant innovation in technology. The rapid integration of biometrics in national identification programs, healthcare, security uses, and for commercial devices such as smartphones has led to a significant demand various segments of the market. The market is highly competitive with several global and regional players seeking to innovate and meet the changing demands for biometrics.
The key players in the market are focused on improving their production capabilities, investing in research, and enhancing product qualities to ensure ease of integration of biometrics. Various strategies such as mergers, acquisitions, partnerships, and product launches are done to retain their market position and enter new emerging markets. Here are some key players dominating the global biometrics market:
Author Credits: Abhishek Verma
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