$14.9bn biometrics market by 2024

The worldwide biometrics technology market will grow from US$2bn in 2015 to $14.9bn by 2024, research firm Tractica predicts. “During that period, Tractica forecasts that cumulative revenue will total $67.8bn,” the company says. The ‘Biometrics Market Forecasts’ report is based on a comprehensive 10-year market forecast for biometrics hardware and software from 2015 to 2024.