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Global Next Generation Biometrics Market is accounted for $13.89 billion in 2017 and is expected to reach $63.26 billion

Global Next Generation Biometrics Market is accounted for $13.89 billion in 2017 and is expected to reach $63.26 billion

The Global Next Generation Biometrics Market is accounted for $13.89 billion in 2017 and is expected to reach $63.26 billion by 2026 growing at a CAGR of 18.3% during the forecast period. Increasing number of government initiatives to adopt biometrics, growing need for surveillance and security owing to the threats of terrorist attack, proliferation of biometric technology in applications such as financial institutes, retail & automotive and increased convenience, secure identity management & superior human resource management are the key driving factors for the market growth. However, high deployment costs are hindering the market growth.

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100 views • 8 slides
Farm Animal Diagnostics - Global Market Outlook (2015-2022)

Farm Animal Diagnostics - Global Market Outlook (2015-2022)

North America commands the largest share of around 40% of the farm animal market strongly driven by the cattle segment.

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133 views • 6 slides
MEMS Medical Devices - Global Market Outlook (2015-2022)

MEMS Medical Devices - Global Market Outlook (2015-2022)

Global Micro-Electro-Mechanical Systems (MEMS)

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425 views • 6 slides
Veterinary Antiinfectives - Global Market Outlook (2015-2022)

Veterinary Antiinfectives - Global Market Outlook (2015-2022)

Growing zoonotic and foodborne diseases and greater livestock production are the key factors fueling the market growth. Increased competition for cultivated land and cost effective production are the major factors that are hampering the market growth.

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124 views • 6 slides
Plastic Packaging - Global Market Outlook (2017-2026)

Plastic Packaging - Global Market Outlook (2017-2026)

According to Stratistics MRC, the Global Plastic Packaging Market is accounted for $301.52 billion in 2017 and is expected to reach $486.58 billion by 2026 growing at a CAGR of 5.4% during the forecast period. Some of the key factors such as increasing demand for consumer goods, change in consumer’s lifestyle with rapid urbanization, rising consumerism in emerging economies and consumers demand convenience processed and packaged foods are driving the market growth. However, environmental concerns regarding usage of plastic and packaging of medicines are hindering the market growth.

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87 views • 6 slides

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