Market Share of Military Biometrics Industry
The military biometrics market is semi-consolidated in nature, with various players holding significant shares in the market. Some prominent market players are Aware, Inc., Leidos, Inc., Fulcrum Biometrics, Inc., M2SYS, and IDEMIA, amongst others. The key players in the market are focusing on the development of advanced biometric systems, which will be used by various defense personnel worldwide to carry out complex battlefield missions. The growth in terms of expenditure on research and development towards manufacturing advanced biometric systems for the military will lead to creating better opportunities in the near future.
Moreover, various manufacturers are now integrating technologies such as iris and facial recognition in the biometric systems for the military to effectively identify persons of interest, and this is expected to support the growth of the military biometrics market during the forecast period.
Military Biometrics Market Leaders
Aware, Inc.
IDEMIA
Leidos, Inc.
Fulcrum Biometrics, Inc.
M2SYS
*Disclaimer: Major Players sorted in no particular order
