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Biometric Lock Revenue by Biometric Modality

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SOURCE RESEARCH

Consumer Biometrics

Market Data | 2Q 2023 | MD-CB-23

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This chart presents revenue figures for biometric locks categorized by biometric modality, specifically fingerprint and face recognition. The data covers the years 2019 to 2027 and indicates a consistent growth in revenue for both modalities. Fingerprint recognition demonstrates higher revenue throughout the entire forecast period, showcasing a steady increase. Face recognition also shows significant growth, but at a comparatively lower revenue level than fingerprint recognition.

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