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Stock impact report

Fingerprint Biometrics Market to Reach $74.1 Billion by 2032 at 7.8% CAGR: Allied Market Research [Yahoo! Finance]

BIO-key International, Inc. (BKYI) 
NASDAQ:AMEX Investor Relations: bio-key.com/investors
Company Research Source: Yahoo! Finance
NEW CASTLE, Delaware, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “ Fingerprint Biometrics Market by Offering (Hardware, Software, and Services), Type (AFIS Technology and Non-AFIS Technology), and End User (BFSI, Healthcare, Travel & Tourism, IT & Telecom, Government & Defense, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032” According to the report, the global fingerprint biometric market generated $21.6 billion in 2022, and is estimated to reach $74.1 billion by 2032, witnessing a CAGR of 13.4% from 2023 to 2032. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios. Drivers, Restraints, and Opportunities The fingerprint biometrics market is expected to witness notable growth owing to surge in penetration of user identification devices and increased spending in the defense sector. Moreover, Show less Read more
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