North America Leads World Government Biometric Systems Market

TD The Market Publishers Ltd

The worldwide market for government biometric systems is poised to be on an upward trend through to 2024. Currently, North America ranks as the leading regional market, driven primarily by the constantly rising demand for fingerprint recognition systems in the USA.

The expenditures on government biometric systems in APAC are anticipated to witness substantial growth through 2024. Meantime, other emerging markets like Africa and Latin America are also anticipated to see positive growth in the upcoming decade.

The spending on biometrics systems in the European countries is likely to be propelled by the increasing demand for national ID programs and e-passports.

Biometric fingerprint identification and facial recognition segments are expected to call for the dominant market shares of the overall government biometric systems market in the next 10 years. The retinal/iris recognition segment is forecast to register a 5.79% CAGR through 2024.

The major challenges being faced by the world government biometric systems market include, among others, the complexity and cost of implementation of such systems, as well as a strict control of access to databases keeping personal identification information.

“ The Global Government Biometric Systems Market 2014-2024 ” worked out by Strategic Defence Intelligence (SDI) has been recently published by Market Publishers Ltd. Report Details: Title: The Global Government Biometric Systems Market 2014-2024 Published: January, 2014 Pages: 173 Price: US$ 4,800.00 […]

Source: marketpublishers.com
0 Comments