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Global Automotive Biometric Identification Market Forecast to 2024

Global automotive biometric identification market was valued at $ 138 million in 2019 and is projected to grow at a CAGR of over 17%, to reach $ 303 million by 2024. The growth in the market is led by rising demand for vehicle safety and security across the globe.

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Global Automotive Biometric Identification Market Forecast to 2024

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  1. Aarkstore Market Research

  2. Global Automotive Biometric Identification Market

  3. Summary • Global automotive biometric identification market was valued at $ 138 million in 2019 and is projected to grow at a CAGR of over 17%, to reach $ 303 million by 2024. The growth in the market is led by rising demand for vehicle safety and security across the globe. • The global automotive biometric identification market segmented into fingerprint recognition, facial recognition, iris recognition, voice recognition and multimodal recognition. Of all, facial recognition technology dominates the market owing to rising luxury car sales, increasing vehicle thefts, and technological advancements in automotive security systems. 

  4. Market by Region

  5. Key Target Audience • Technology investors • Dealers and distributors of automotive biometrics components and systems • Governments and financial institutions • End users of automotive biometric identifications  • Research organizations and consulting companies • Associations, organizations, forums and alliances related to automotive biometric identification • Industry associations

  6. Objective of the Study • To assess the demand-supply scenario of automotive biometric identification systems in various automotive segments globally. • To analyze and forecast the market size of automotive biometric identification. • To classify and forecast global automotive biometric identification based on vehicle type, technology, sensors and regional distribution. • To identify drivers and challenges for global automotive biometric identification market. • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automotive biometric identification market. • To identify and analyze the profile of leading players involved in the manufacturing of global automotive biometric identification.

  7. Report Scope Market, by Technology Market, by Sensors Optical Retina CMOS • Fingerprint Recognition • Facial Recognition • Voice Recognition • Iris Recognition • Multimodal Recognition

  8. RELATED REPORTS • Global Motor Spindles Market Research Report 2019-2023 • Global Automotive Spark Plug Market Research Report 2019-2023 • Global Automotive Spark Plug Market Research Report 2019-2023 • Global Automotive Plastic Fastener Market Research Report 2019-2023

  9. About Us Aarkstore forms global market research reports from various industry verticals serving businesses worldwide. As market research report resellers, we partner with already established publishers for syndicated data and customized reports. Consequently, market research data by us is up-to-date and reliable for Industry analysis and future market forecasts.

  10. Contact Us AarkstoreEnterprisePhone:+91 7710006788Email:contact@aarkstore.com

  11. Thank You ! For More Details Please visit:https://www.aarkstore.com/automotive/1657579/global-automotive-biometric-identification-market-by-technology-sensor-type-vehicle-type-region-competition-forecast-and-opportunities +91 9987295242|contact@aarkstore.com

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