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Stock impact report

Biometric Systems Global Markets, 2029: Growth Opportunities, Key Trends, Case Study Analysis, Pricing, Technologies, Patents, Regulatory Landscape, Major Players and More [Yahoo! Finance]

Aware, Inc. (AWRE) 
US:NASDAQ Investor Relations: ir.aware.com/investor-relations
Company Research Source: Yahoo! Finance
Type (Fingerprint, Iris, Face, Voice, Vein, Signature, Multi-factor), Offering (Sensor, Camera, Reader & Scanner, Software), Type (Contact, Contactless, Hybrid), Mobility, Deployment - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The global biometric system market is expected to be valued at USD 47.2 billion in 2024 and is projected to reach USD 84.5 billion by 2029; it is expected to grow at a CAGR of 12.3% from 2024 to 2029. Increasing adoption of consumer electronics enhances security and user convenience, therefore driving the demand for the systems. On the other hand, increased adoption of Biometric-as-a-Service is an opportunity since it offers scaled solutions at less cost without heavy upfront investments. However, data security concerns and a lack of technical expertise are major issues since organizations struggle to protect sensitive data and manage complex systems effectively. The key players operating in the biometric system m Show less Read more
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