Global Gait Biometrics Market 2024-2028

Global Gait Biometrics Market 2024-2028

The gait biometrics market is forecasted to grow by USD 58.62 mn during 2023-2028, accelerating at a CAGR of 10.6% during the forecast period. The report on the gait biometrics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising adoption of contactless biometrics, the growing potential use of gait biometrics in geriatric care, and increased R&D spending by market vendors.

Technavio's gait biometrics market is segmented as below:

By End-user

• Healthcare
• Sports
• Security
• Research

By Type

• Assessment
• Treatment
• Monitoring

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the growing popularity of 3D-based gait recognition software as one of the prime reasons driving the gait biometrics market growth during the next few years. Also, the growing popularity of gait authentication apps in smartphones and the increasing use of portable gait analyzers will lead to sizable demand in the market.

The report on the gait biometrics market covers the following areas:

• Gait biometrics market sizing
• Gait biometrics market forecast
• Gait biometrics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gait biometrics market vendors that include BioSensics, CIR Systems Inc., DIH Group, Fujitsu Ltd., GaitTronics Inc., Innovative Sports Training Inc., Mar Systems Ltd., Microsoft Corp., MindMaze SA, Motus Global, Movella Inc, Noraxon USA, Qualisys AB, ScribeLabs Inc., and Tekscan Inc.. Also, the gait biometrics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.