The company is amongst the first to offer a contactless biometric card that meets all major payment scheme certification requirements. A simple and secure personal enrolment method is used to load the user's fingerprint data onto the card, which can be done at home or in a bank branch. The contactless biometric card simplifies proximity payments while simultaneously ensuring a high level of privacy and security. For instance, in July 2021, Thales Group, a French aerospace company operating in the biometric sensor market, launched the Thales EMV contactless biometric payment card. Companies in the market are focusing on product innovation and enhanced security measures such as biometric-enabled cards for payments. Product innovation is a key trend shaping the biometric sensor market outlook. It tackles a variety of security-related concerns across multiple sectors. A biometric sensor refers to a transducer that turns a biometric trait of an individual into an electrical signal. The biometric sensor market consists of sales of biometric sensor services by entities (organizations, sole traders, and partnerships) that are used to identify, verify, and authenticate the identification. Want to learn more on the biometric sensor market growth? Request for a Sample now. An increase in the number of identity thefts is expected to propel the biometric sensor market growth going forward. LONDON, GREATER LONDON, UK, Septem/ / - According to ‘Biometric Sensor Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the biometric sensor market size is expected to grow to $4.94 billion in 2026 at a CAGR of 16.4%.

The Business Research Company’s Biometric Sensor Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 Biometric Sensor Global Market Report 2022 – Market Size, Trends, And Forecast 2022-2026

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