Strategic Defence Intelligence Market Research Reports

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Global Government Biometrics Market 2017-2027

Posted on 5 September 2017 | 12:00 am by

Rapid technological advancements in the field of biometric recognition and identification systems along with advancements in computing and other supporting fields, fueled companies spending significantly on research and development in the biometric systems domain. Such technical accomplishments have stemmed from a strong emphasis on the application of such technologies by national governments, which have in turn resulted in a sharp decline in prices of scanning devices and associated components, in the process providing further impetus to investment in the sector. Global government biometrics market will value US$4.3 Billion in 2017 and reach US$7.9 Billion in 2027, registering a CAGR of 6.37% over the forecast period (2017-2027). The cumulative market for global expenditure will reach US$62.8 Billion over the same period. The

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