[Market Report] Global Market for Human Identification
The global market for biometric identification is expected to reach 3.3 billion US dollars by 2031.
The global human identification market is experiencing remarkable growth, with revenues reaching approximately $1.5 billion in 2022. Industry experts predict significant expansion, estimating that the market will reach $3.3 billion by 2031. This impressive growth is supported by a compelling compound annual growth rate (CAGR) of 9.3% during the forecast period from 2023 to 2031. The active scientific field of human identification focuses on the accurate identification and verification of individuals using various biometric systems and advanced technologies. This groundbreaking technology leverages the uniqueness of fingerprints, as each person has different ridge patterns and classifications. Human identification is applied in forensic laboratories for the analysis of blood, deoxyribonucleic acid (DNA), hair, teeth, and skin. You can check the application method by clicking the [PDF Download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
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