This strategic assessment report provides a comprehensive analysis that reflects today’s Military Biometrics Market realities and future possibilities for the forecast period of 2020 to 2025.
Stratview Research announces the launch of a new research report on Military Biometrics Market is Segmented by Recognition Type (Fingerprint Recognition, Facial Recognition, Iris Recognition, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Military Biometrics consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.
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The report delivers a detailed view of the industry based on global Military Biometrics Market size, market growth, and opportunities. The report also analyses market key aspects such as-
Highlights from the Report
Military biometrics market is likely to witness a healthy CAGR of 4.2% during the forecast period. The prime factor that is contributing to the demand for military biometrics is the increasing focus on biometric technology for security in response to rising threat on national security, growing terrorism activities, illegal immigration, growing security concern, and high refugee incursion, which are driving the military biometrics market globally.
In terms of regions, North America is estimated to be the largest military biometrics market during the forecast period, with the increasing concern for illegal migration. Asia-Pacific to be the fastest-growing market during the forecast period owing to the increasing adoption of biometric authentication in defense and upgrading security measures especially in developing countries such as China and India.
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According to the report, the key players of the market are –
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The military biometrics market is expected to witness an impressive growth of 4.2% CAGR in the foreseeable future.
Aware Inc., Corvus Integration Inc., Fulcrum Biometrics LLC, HID Global, Idemia, Leidos Holdings Inc., M2SYS Technology, NEC Corporation, Safran Identity and Security, ZKTECO Co. Ltd., and Others are among the key players in the military biometrics market.