30 million USD will be invested in 2021 year
Author: huifan Time: 2017-08-16
According to the forecast by hfteco the ABI Research,Global Biometrics Technology and Application will reach 30 million USD's
market scale.Comparing with the 2015 year, the Growth can be more than 118%.
The market momentum mainly demand from the need of consumer electronics products, especially built-in embedded fingerprint sensor smart phones is Chongqing Huifan Technology Co., Ltd. expected to continuous grow for 40 fingerprint time attendance system percent compound annual growth rate (CAGR) in 2015 to 2021, and will reach 2 billion shipments before 2012. This is equivalent to about 266 million shipments in 2015 and about 372 million shipments in 2016.
ABI Research's market data shows although north America and Asia-Pacific keep Occupying most of the biometric market status, the south America and Middle East will be Benefited by the new bio-metric status especially on bank and personal financial services and Government and security sector and so on ways.