Biometric Technology Market By Type (Face, Signature, Iris, Voice, Hand geometry, Fingerprint, and Middleware), By End User (Healthcare, Public Sector, It & Telecommunication, Banking & Financial Sector, and Others), and By Region- Trends, Analysis and Forecast till 2034

Report Code: PMI14819 | Publish Date: March 2024 | No. of Pages: 170

Global Biometric Technology Market Market Companies

Recent News:

Biometric payment cards were introduced in the Indian market in September 2023 by IDEX Biometrics and KL HI-TECH, a reputable international card manufacturer and provider of smart cards and secure printing solutions to state and federal governments. With an annual production capacity of 36 million dual-interface payment cards and approvals from Visa, Mastercard, and RuPay, KL HI-TECH is certified in numerous ISO classes. Important banks in Asia and India are among KL HI-TECH's clientele. KL HI-TECH biometric cards are expected to be issued to bank customers in the first quarter of 2024.
Mercedes-Benz significantly advanced in-car payments in September 2023 when it launched a biometric fuel payment system in Germany. The luxury carmaker offers this feature in collaboration with Mastercard, allowing users of compatible Mercedes-Benz models to pay for gas using an in-car fingerprint scan. The car's MBUX infotainment system handles the payment, precisely the "Mercedes me Fuel & Pay" function. In Germany, there are currently over 3,600 gas stations that take this new form of payment.
Several PC OEMs are currently evaluating Fingerprint Cards' new biometric system, which was announced in October 2022. The Match-on-Chip system comprises a fingerprint sensor and a specially designed microcontroller unit (MCU).