A recent report published by Infinium Global Research on AI-enabled biometric market provides in-depth analysis of segments and sub-segments in the global as well as regional AI-enabled biometric market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional AI-enabled biometric market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global AI-enabled biometric market.

1. AI-enabled Biometric Market

2. AI-enabled biometric systems have the potential to enhance conventional methods
by capturing and utilizing data, offering significant advantages in the realm of
Artificial Intelligence (AI). As AI continues to advance in terms of performance,
speed, accuracy, and security, its integration spans various industries and research
domains.
Biometrics, a form of identification based on unique physical, behavioral, or
biological traits, benefits from AI-enabled authentication capabilities. This
technology minimizes human error, accelerates decision-making processes, and
enhances security, creating formidable barriers against potential breaches.
(The global AI-enabled biometric market was valued at USD 10.9
billion in 2022 and is expected to reach USD 30.90 billion in 2030,
with a CAGR of 14.8% during the forecast period 2023-2030).

3. Market Drivers
1
2
The escalating need for advanced security solutions is driving
the growth of the AI-enabled biometric systems market.
The integration of AI-enabled biometric systems with the
Internet of Things (IoT) is a significant driver for market
growth.

4. Market Segmentation
On the basis of technology, the sub-markets include face recognition,
fingerprint recognition, iris recognition, voice recognition, and
others(fingerprint and palm recognition, ear acoustic recognition).
On the basis of application, the sub-markets include mobile biometrics
and smart devices, biometric access control systems, identity
verification and authentication, surveillance and security, and others.
On the basis of end user, the sub-markets include healthcare, banking
and finance, BFSI, government, and others.

5. Segmentation
By Region
North America U.S., Canada, Mexico
Europe
U.K., Germany, France, Italy,
Rest of Europe
Asia Pacific
China, Japan, South Korea, India, Australia, Rest
of Asia-Pacific
RoW Latin America, Middle East, Africa

6. Leading Market Players
NEC Corporation
Thales
IDEMIA
Fujitsu Ltd
Leidos
Nuance Communications, Inc
Aware, Inc.
FacePhi
Cognitec Systems GmbH
BioID

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