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Biometric Device Revenue by End Market

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SOURCE RESEARCH

Biometric Technologies and Applications

Market Data | 2Q 2023 | MD-BIOM-113

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The opportunities in biometrics are growing exponentially, across both the consumer and enterprise markets. The healthcare and banking industries have generated increased demand for biometric devices, but the largest revenue stream originates from the government and security industry. The corresponding chart shows this revenue from 2019 (actual) through a projected total in 2027. 

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