Global Biometric Market in the Automotive Sector Expected to Grow at a CAGR of 19.37 % during 2017-2021
Global Biometric Market in the Automotive Sector Expected to Grow at a CAGR of 19.37 % during 2017-2021
Market Research Hub ( MRH ) has recently announced the addition of a fresh report , titled “ Global Biometric Market in the Automotive Sector 2017-2021 ” to its report offerings . The report covers the present scenario and the growth prospects of the global biometric market in the automotive sector for 2017-2021 . To calculate the market size , the report provides an exhaustive list of all global vendors that provide biometrics in the automotive sector .
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Biometrics involves the authentication and identification of an individual by one or more unique biological traits such as fingerprint , facial , iris , voice , and vein recognition . Biometric technologies are considered to be more reliable when compared to authentication via numeric codes and physical devices . With advances in signal and image processing technologies , pattern recognition , and sensors and readers ; a number of biometric technologies , such as a keystroke , ear , electroencephalogram or electrocardiogram ( ECG ), gait , and palm print recognition have been developed to enable foolproof identification of individuals .
Technavios analysts forecast the global biometric market in the automotive sector to grow at a CAGR of 19.37 % during the period 2017-2021 .
The market is divided into the following segments based on geography :
� Americas � APAC � EMEA