Assessing the Impact of COVID-19 on the Biometrics Market
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Starting at USD 3,000
Publish Date: 29 Apr 2020
Code: PT-2377
Research Type: Presentation
Pages: 10
RELATED SERVICE:
Trusted Device Solutions
Actionable Benefits
- Identify the revenue impact, mounting concerns but also key opportunities of the epidemic on the biometrics market.
- Re-align your investment priorities, avoid near and long-term pitfalls and act in a manner consistent with current AI and biometric trends.
- Adapt your strategies to meet the far-reaching challenges of governmental regulations, supply exhaustion and biometric technology pitfalls.
Research Highlights
- A significant drop for biometric revenues worldwide with end-markets reacting very differently to the outbreak.
- Increased concerns for on-prem physical access control applications worldwide but growth spike for biometric-based multifactor authentication.
- Contact-based modalities affected from governmental regulations prompted by infection control protocols.
- Not all is bleak – newer AI biometric technologies and algorithm design growth converging with surveillance, consumer, telemedicine and smart city applications.
Critical Questions Answered
- Which end-markets are greatly affected and to what extent?
- Which biometric technologies will be dealt the most significant pushback?
- Are there any opportunities to be had in the short and long-term?
- What is the new global biometric market outlook for 2020?
Who Should Read This?
- Enterprise, consumer, healthcare, smart city and governmental entities.
- Biometric vendors.
- Software, AI and algorithm developers.
- OEMs and biometric device manufacturers.
- Biometric market strategists, C-level executives and directors.
Table of Contents
Impacts on the Biometrics Market
Impacts on Primary Markets Affecting Fingerprint and Vein Technologies
Impacts on Primary Markets Affecting Face and Iris Technologies
Key Takeaways