Biometrics Scan Technology Development in the UK - Industry Market Research Report

Biometrics Scan Technology Development in the UK - Industry Market Research Report

Biometrics Scan Technology Development in the UK

Demand for biometric scanning systems is growing due to the falling cost and growing accuracy of biometric technology. However, the outbreak of COVID-19 disrupted this growth because of its effects on key downstream markets like airports and law enforcement. Government spending on defence and domestic surveillance has supported industry revenue. Over the five years through 2022-23, industry revenue is projected to decline at a compound annual rate of 1.2% to £562.6 million.

Companies in this industry develop software for biometric technologies specifically related to automated fingerprint identification systems (AFISs), non-AFIS finger scanners, hand geometry readers, iris and retinal scanners, and facial recognition systems.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.