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