December, 2024
The global consumer electronics biometric market is expanding due to several factors, including growing demand for biometric technology in consumer electronics for better security goals, corporate focus on identity confirmation, and device security. Fingerprint and facial recognition have been added to electronic devices like mobiles, laptops, and other handheld devices. Thus, the mobile phone industry is the major consumer of biometrics applications in the global market. Mobile payments are going to see a significant surge in the upcoming years due to their secure transaction. The rising adoption of biometrics in mobile payment methods is ensuring the further proliferation of the market.
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