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Tag: WEST EUROPE

SWOT Analysis of the Biometric Authentication & Identification Market by Key Players

Raj Desai04 mins

The Global Biometric Authentication & Identification market is set to grow significantly from $28 billion in 2024 to $75 billion by 2032, driven by demand in sectors like banking and healthcare. Key technologies include fingerprint and facial recognition. The market faces challenges like privacy risks, yet trends towards AI integration in biometrics promise continued innovation….

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Global Digital Identity Verification Spending to Reach $26B by 2029 According to Juniper

Sofia Martinelli05 mins

Juniper Research projects that global spending on digital identity verification will rise to $26 billion by 2029, a 74% increase. Key drivers include behavioral biometrics and regulatory changes such as eIDAS in the EU, which mandate interoperable digital identity systems. The report emphasizes the need for a multi-technology approach to create user-friendly, secure verification processes…

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