The global biometrics market size is estimated to be valued at $104,959.6 million by 2028 , surging from $37,123.1 million in 2020 , at a CAGR of 15.0% . COVID-19 Impact on the Biometrics Market During the COVID-19 pandemic, the industry's expansion was delayed by the temporary closure of manufacturing units and R&D facilities, which hampered worldwide supply networks. The short downturn in the aerospace, automobile, retail, and consumer electronics industries hampered biometrics demand in these industries. The restart of industrial activities will help to streamline supply chains and enhance the development of new identifying technologies. Companies are also working on developing contactless identification solutions to safeguard public safety (especially healthcare biometrics) and to pave the way for a big transition toward contactless biometrics solutions like iris, facial, and voice recognition. Global Biometrics Market Analysis Biometrics as ...
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