Global Biometrics in Government Market Growth (Status and Outlook) 2023-2029

Global Biometrics in Government Market Growth (Status and Outlook) 2023-2029

Biometrics involves the authentication of an individual by evaluating one or more unique biological traits. This authentication can be done through voice recognition, hand geometry analysis, DNA analysis, gait recognition, fingerprint identification, facial recognition, iris recognition, signature verification, and vein recognition. Biometric technologies are considered to be more reliable for authentication compared to physical devices and numeric codes. With advances in hardware, sensors, readers, pattern recognition, and signal and image processing technologies, a number of biometric technologies have been developed to deal with the identification of individuals.

LPI (LP Information)' newest research report, the “Biometrics in Government Industry Forecast” looks at past sales and reviews total world Biometrics in Government sales in 2022, providing a comprehensive analysis by region and market sector of projected Biometrics in Government sales for 2023 through 2029. With Biometrics in Government sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biometrics in Government industry.

This Insight Report provides a comprehensive analysis of the global Biometrics in Government landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biometrics in Government portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biometrics in Government market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biometrics in Government and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biometrics in Government.

The global Biometrics in Government market size is projected to grow from US$ 4965.8 million in 2022 to US$ 9709.2 million in 2029; it is expected to grow at a CAGR of 10.1% from 2023 to 2029.

Establishing security in most organizations is of given a paramount importance by respective authorities. This is mainly done in order to keep maintain a veil of secrecy around most of the activities that take place in organizations such as government offices, federal agencies, defense establishments, and others from similar categories. Such rising demand for biometrics in order to avoid security attacks is a key driving factor for the global government biometrics market. Another factor that has bolstered the uptake of the government identification programs involves the rising initiatives by various governmental agencies to promote use of the biometric systems. These initiatives encourage organizations to adopt to advanced biometric systems, in the wake of better healthcare and welfare of citizens of a nation. A surging interest shown by people to get their social security linked with various identification programs has also managed to significantly raise the utilization of biometrics. Numerous governmental agencies all over the world are planning to set up a single, universal recognition system has acted as a catalyst for the global government biometrics market’s growth. However, a chief restraint involves high costs needed to set up advanced biometric systems. Due to such costs, many agencies might get discouraged from using the systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Biometrics in Government market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Fingerprint Identification
DNA Analysis
Iris Recognition
Facial Recognition
Voice Recognition

Segmentation by application
Border Control
Public Safety
E-Passport
Voter Registration
Latent Print Matching
National ID
Healthcare and Welfare

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M Cogent
BioEnable
Cross Match Technologies
NEC
Safran

Please note: The report will take approximately 2 business days to prepare and deliver.