A biometrics system uses a reader, a related software, and a database to compare, and provides a high degree of accuracy and security. Military Biometrics system consists of fingerprint, and facial recognition, iris recognition, voice recognition, and vein recognition are also rapidly gaining importance with governments across the world. Product advancement is the most adopted strategy among the major market players to enhance its market share.
Biometrics authentication is one of the most popular methods for individuality identification. Rising threats on national security due to illegal immigration, growing security concern, increase in adoption of homeland security, high refugee incursion are driving the military biometrics market. However, limitations regarding data accuracy, protection of the data, and the high price of implementation might restrict the market growth. Global military biometrics market is expected to rise significantly in the developed regions, as a result of the comprehensive use of biometric technology in the defense and military sector.
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Some of The Major Players In Global Market:
1. 3M Cogent, Inc.
2. Aware, Inc.
3. BIO-Key International, Inc.
4. Crossmatch
5. Fulcrum Biometrics LLC
6. HID Global Corporation
7. M2SYS Technology
8. NEC Corporation
9. Safran Identity and Security
10. Thales Group
The global Military Biometrics market is segmented on the basis of type and application. Based on type, the market is segmented as fingerprint recognition, facial recognition, and iris recognition
Major Factors:
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The Military Biometrics Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.