NEC Corporation has launched a complete marketing campaign for its newest multimodal biometric identification solution, which serves as the centerpiece of its "Bio-IDiom" brand (*1) of biometric authentication.
Neurotechnology announced the launch of a new MegaMatcher identity management system, that offers identity management solutions for civil and criminal applications.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5192
Published Date: Aug 25, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for advanced biometrics, and growing cases of fraudulence are the major factors driving the market growth.
The market size of palm vein scanner is anticipated to attain a CAGR of ~22% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are NEC Corporation, M2SYS Technology, BioSec Group Ltd., Eportation Inc., Mantra Softtech Pvt Ltd., BioEnable Technologies Pvt Ltd., Imprivata, Inc., Recogtech B.V., Neurotechnology, and Mofiria Corporation
The physical access control & biometric authentication segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.