The latest report published by IMARC Group, titled “United States Biometrics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on United States biometrics market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The United States biometrics market size reached US$ 4.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2028, exhibiting a growth rate (CAGR) of 14.3% during 2023-2028.
Biometrics is a cutting-edge technology that focuses on the identification and authentication of individuals based on their unique biological or behavioral characteristics. These characteristics can include fingerprints, facial features, iris patterns, voice, and even gait. Biometric systems are designed to capture, analyze, and store this data to verify or identify individuals accurately. Biometric identification has gained widespread adoption in various sectors, including security, access control, and identity verification. It offers several advantages, primarily enhanced security and convenience. In the security field, biometrics are often used for border control, law enforcement, and surveillance. They help in the identification of criminals, locating missing persons, and maintaining secure borders. Biometric technology has also found applications in mobile devices, such as fingerprint or facial recognition, to unlock smartphones.
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Market Trends:
The market in the United States is primarily driven by heightened security concerns, particularly in the wake of increasing cyber threats and terrorism, which have led to greater demand for biometric solutions. Biometrics provides a higher level of security by ensuring that only authorized individuals have access to sensitive information or restricted areas. Moreover, the healthcare sector is adopting biometric solutions for patient identification, ensuring accurate medical record management, and safeguarding against identity theft and insurance fraud. The U.S. government has been actively promoting the use of biometrics, especially in border control, law enforcement, and national security. Various programs and the use of biometrics in immigration procedures have augmented market growth. Furthermore, biometrics are increasingly used for access control in various environments, including corporate offices, educational institutions, and healthcare facilities. The technology is also employed for identity verification in financial services and e-commerce to enhance security and combat fraud.
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United States Biometrics Market Segmentation:
Our report has categorized the market based on region, technology, functionality, component, authentication and end user.
Breakup by Technology:
- Face Recognition
- Hand Geometry
- Voice Recognition
- Signature Recognition
- Iris Recognition
- AFIS
- Non-AFIS
- Others
Breakup by Functionality:
- Contact
- Non-contact
- Combined
Breakup by Component:
- Hardware
- Software
Breakup by Authentication:
- Single-Factor Authentication
- Multifactor Authentication
Breakup by End User:
- Government
- Defense Services
- Banking and Finance
- Consumer Electronics
- Healthcare
- Commercial Safety and Security
- Transport/Visa/Logistics
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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