The application of biometric sensors, which sense the body temperature, heart rate, and other major attributes of the individual who is wearing the device, is increasing as technology advances in wearable consumer electronic gadgets. The increasing use of fingerprint sensors in smartphones propels the market forward. Another driver for the global biometric sensor market is the increasing use of biometric sensors in automobiles to improve driving experiences. Biometric identity features in luxury vehicles include fingerprint, voice, gesture, and iris recognition, which are some of the major factors driving the demand for biometric sensors. North America is the market leader, followed by Europe. The market is being fueled by the proliferation of biometric sensors in educational institutions, research laboratories, and hospitals.
Biometric sensors are frequently subjected to potential threats, which may manipulate them and jeopardise the system's security. These factors will stifle market growth over the forecast period. Strategic partnership agreements with raw material suppliers, as well as merger and acquisition, are some of the primary business strategies used by companies operating in the Biometric Sensor Market to strengthen their global foothold.
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