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Biometrics market to reach USD 34,5 bln by 2022

A Credence Research report has forecasted that the biometrics technology market will reach USD 34,5 billion by 2022.

The report called ‘Biometrics Technology Market – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022’ suggests that this significant growth is due to the increased adoption in both public as well as private sector. Governments around the world are adopting biometric technologies for access authorization, identification and verification, e-passport management and national border control projects.

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