Fingerprint Biometrics Market to See 12% CAGR Through 2021

The global fingerprint biometrics market will grow at a CAGR of almost 12 percent over the next few years, according to a new report from Technavio.

Fingerprint Biometrics Market to See 12% CAGR Through 2021The market research firm says that the government sector in particular is showing strong demand for the technology due to the need for strong authentication and to fight crime. Other applications like time and attendance tracking, “e-passports, border control programs, and e-governance” are also helping to fuel demand in this sector, according to Technavio industry expert Amrita Choudhury, in a report summary.

The other top sectors pushing the global market are transit, where fingerprint scanning is being used not just for border control but also to improve efficiency in passenger processing; and healthcare, where privacy regulations like HIPAA are prompting the need for more secure solutions. Here and in the government sector, too, the integration of fingerprint scanning into more mobile devices is also helping things along.

These findings and more can be found in the Global Fingerprint Biometrics Market 2017-2021 report, available from Technavio.

July 17, 2017 – by Alex Perala