According to the report global biometrics technology market is expected to grow to 19% during the years 2017-2022. The market is estimated to reach up to $32 billion by 2022.
Mainly due to the governments initiatives taken in various global biometric market systems that expected huge growth opportunities in the near future.
According to the Brisk Insights market research the Biometrics market divided to three main technologies:
- Fingerprint identification
- Face recognition
- Iris Recognition
Market Segment Insights
At the past years the face and finger are the dominated in the recognition market due to the wide usage in various surveillance systems.
 Market grow by regional
The market is segmented into 5 major regions:
- North America (leads the global biometric systems market with more than 40% in 2015)
- Asia Pacific
- Europe
- Rest of world.
Mr. Erez Buganim, Synel International Marketing Vice President, said that the growing of cloud technologies is considered to create significant growth opportunities for the global biometric systems market.
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