LATIN AMERICA BIOMETRIC SYSTEMS MARKET FORECAST 2017-2025
KEY FINDINGS
The Latin America biometrics market is anticipated to grow from USD 0.89 billion in 2016 and projected to reach up to USD 4.45 billion by 2025, at 20.26% CAGR during 2017-2025. The base year considered for the study is 2016 and the estimated period is between 2017 and 2025. The development of the worldwide market is the result of the rising need of the advanced security and border control due to the rising threat of terrorist attacks, the emergence of national ID schemes, E-passports and visa for effective tourist monitoring. These major factors are supposed to drive the growth of the market during the forecast period.
MARKET INSIGHTS
The global biometrics market is segmented by type on the basis of fixed and mobile. It is also segmented by technology on the basis of fingerprint recognition, IRIS recognition, facial recognition, hand geometry, vein analysis, voice recognition, DNA analysis, GAIT analysis, electroencephalogram (EEG), electrocardiogram and others. It is also segmented by end users on the basis of government, transportation, healthcare, banking financial services and insurance, retail and other end users.
COMPETITIVE INSIGHTS
Major players in the market are 3M Cogent, Aware Inc, Cross Match Technologies, Fujitsu, HID Global, IrisID, ImageWare Systems, M2SYS Technologies, NEC, SAFRAN, VFS Global and others.
The Latin America biometrics market is anticipated to grow from USD 0.89 billion in 2016 and projected to reach up to USD 4.45 billion by 2025, at 20.26% CAGR during 2017-2025. The base year considered for the study is 2016 and the estimated period is between 2017 and 2025. The development of the worldwide market is the result of the rising need of the advanced security and border control due to the rising threat of terrorist attacks, the emergence of national ID schemes, E-passports and visa for effective tourist monitoring. These major factors are supposed to drive the growth of the market during the forecast period.
MARKET INSIGHTS
The global biometrics market is segmented by type on the basis of fixed and mobile. It is also segmented by technology on the basis of fingerprint recognition, IRIS recognition, facial recognition, hand geometry, vein analysis, voice recognition, DNA analysis, GAIT analysis, electroencephalogram (EEG), electrocardiogram and others. It is also segmented by end users on the basis of government, transportation, healthcare, banking financial services and insurance, retail and other end users.
COMPETITIVE INSIGHTS
Major players in the market are 3M Cogent, Aware Inc, Cross Match Technologies, Fujitsu, HID Global, IrisID, ImageWare Systems, M2SYS Technologies, NEC, SAFRAN, VFS Global and others.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP-DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. FINGERPRINT, IRIS RECOGNITION AND FACIAL RECOGNITION-KEY BIOMETRIC TECHNOLOGIES
3.2.2. INCREASED APPLICATIONS OF BIOMETRIC SYSTEMS
4. MARKET DYNAMICS
4.1. INTRODUCTION
4.2. MARKET DEFINITION
4.3. DRIVERS
4.3.1. INCREASED NEED OF ADVANCED SECURITY
4.3.2. EVOLUTION OF MOBILE BIOMETRIC SYSTEMS
4.4. RESTRAINTS
4.4.1. ABSENCE OF STANDARDIZATION
4.4.2. EASY AVAILABILITY OF ALTERNATE TECHNOLOGIES
4.5. OPPORTUNITIES
4.5.1. IMPLEMENTATION OF MULTIMODAL BIOMETRICS
4.5.2. BIOMETRICS FOR SECURITY APPLICATIONS
4.6. CHALLENGES
4.6.1. HIGH COSTS ASSOCIATED WITH BIOMETRICS SYSTEMS
4.6.2. TECHNOLOGICAL LIMITATIONS
5. MARKET SEGMENTATION
5.1. BY TYPE
5.1.1. FIXED
5.1.2. MOBILE
5.2. BY TECHNOLOGY
5.2.1. FINGERPRINT RECOGNITION
5.2.2. IRIS RECOGNITION
5.2.3. FACIAL RECOGNITION
5.2.4. HAND GEOMETRY
5.2.5. VEIN ANALYSIS
5.2.6. VOICE RECOGNITION
5.2.7. DNA ANALYSIS
5.2.8. GAIT ANALYSIS
5.2.9. ELECTROENCEPHALOGRAM (EEG)/ ELECTROCARDIOGRAM (ECG)
5.2.10. OTHER
5.3. BY END USERS
5.3.1. GOVERNMENT
5.3.2. TRANSPORTATION
5.3.3. HEALTHCARE
5.3.4. BANKING FINANCIAL SERVICES AND INSURANCE (BFSI)
5.3.5. RETAIL
5.3.6. OTHER END USERS
6. KEY ANALYTICS
6.1. PORTERS FIVE FORCE ANALYSIS
6.1.1. BARGAINING POWER OF SUPPLIERS
6.1.2. BARGAINING POWER OF BUYERS
6.1.3. THREAT OF NEW ENTRANTS
6.1.4. THREAT OF SUBSTITUTE PRODUCT
6.1.5. THREAT OF COMPETITIVE RIVALRY
6.2. VENDOR LANDSCAPE
6.3. OPPORTUNITY MATRIX
7. GEOGRAPHY ANALYSIS
7.1. LATIN AMERICA
7.1.1. BRAZIL
7.1.2. ARGENTINA
7.1.3. MEXICO
7.1.4. REST OF LATIN AMERICA
8. COMPETITIVE LANDSCAPE
8.1. MARKET SHARE ANALYSIS
8.2. COMPANY PROFILES
8.2.1. 3M COGENT
8.2.1.1. OVERVIEW
8.2.1.2. PRODUCT PORTFOLIO
8.2.1.3. STRATEGIC MOVES
8.2.1.4. SCOT ANALYSIS
8.2.2. AWARE INC
8.2.2.1. OVERVIEW
8.2.2.2. PRODUCT PORTFOLIO
8.2.2.3. STRATEGIC MOVES
8.2.2.4. SCOT ANALYSIS
8.2.3. BIOID
8.2.3.1. OVERVIEW
8.2.3.2. PRODUCT PORTFOLIO
8.2.3.3. STRATEGIC MOVES
8.2.3.4. SCOT ANALYSIS
8.2.4. CROSS MATCH TECHNOLOGIES
8.2.4.1. OVERVIEW
8.2.4.2. PRODUCT PORTFOLIO
8.2.4.3. STRATEGIC MOVES
8.2.4.4. SCOT ANALYSIS
8.2.5. FUJITSU
8.2.5.1. OVERVIEW
8.2.5.2. PRODUCT PORTFOLIO
8.2.5.3. STRATEGIC MOVES
8.2.5.4. SCOT ANALYSIS
8.2.6. HID GLOBAL
8.2.6.1. OVERVIEW
8.2.6.2. PRODUCT PORTFOLIO
8.2.6.3. STRATEGIC MOVES
8.2.6.4. SCOT ANALYSIS
8.2.7. IMAGEWARE SYSTEMS
8.2.7.1. OVERVIEW
8.2.7.2. PRODUCT PORTFOLIO
8.2.7.3. STRATEGIC MOVES
8.2.7.4. SCOT ANALYSIS
8.2.8. IRIS ID
8.2.8.1. OVERVIEW
8.2.8.2. PRODUCT PORTFOLIO
8.2.8.3. STRATEGIC MOVES
8.2.8.4. SCOT ANALYSIS
8.2.9. IRITECH INC
8.2.9.1. OVERVIEW
8.2.9.2. PRODUCT PORTFOLIO
8.2.9.3. STRATEGIC MOVES
8.2.9.4. SCOT ANALYSIS
8.2.10. M2SYS TECHNOLOGIES
8.2.10.1. OVERVIEW
8.2.10.2. PRODUCT PORTFOLIO
8.2.10.3. STRATEGIC MOVES
8.2.10.4. SCOT ANALYSIS
8.2.11. MISTRAL SOLUTIONS INC
8.2.11.1. OVERVIEW
8.2.11.2. PRODUCT PORTFOLIO
8.2.11.3. STRATEGIC MOVES
8.2.11.4. SCOT ANALYSIS
8.2.12. NEC
8.2.12.1. OVERVIEW
8.2.12.2. PRODUCT PORTFOLIO
8.2.12.3. STRATEGIC MOVES
8.2.12.4. SCOT ANALYSIS
8.2.13. SAFRAN
8.2.13.1. OVERVIEW
8.2.13.2. PRODUCT PORTFOLIO
8.2.13.3. STRATEGIC MOVES
8.2.13.4. SCOT ANALYSI
8.2.14. SIEMENS AG
8.2.14.1. OVERVIEW
8.2.14.2. PRODUCT PORTFOLIO
8.2.14.3. STRATEGIC MOVES
8.2.14.4. SCOT ANALYSIS
8.2.15. VFS GLOBAL
8.2.15.1. OVERVIEW
8.2.15.2. PRODUCT PORTFOLIO
8.2.15.3. STRATEGIC MOVES
8.2.15.4. SCOT ANALYSIS
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP-DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. FINGERPRINT, IRIS RECOGNITION AND FACIAL RECOGNITION-KEY BIOMETRIC TECHNOLOGIES
3.2.2. INCREASED APPLICATIONS OF BIOMETRIC SYSTEMS
4. MARKET DYNAMICS
4.1. INTRODUCTION
4.2. MARKET DEFINITION
4.3. DRIVERS
4.3.1. INCREASED NEED OF ADVANCED SECURITY
4.3.2. EVOLUTION OF MOBILE BIOMETRIC SYSTEMS
4.4. RESTRAINTS
4.4.1. ABSENCE OF STANDARDIZATION
4.4.2. EASY AVAILABILITY OF ALTERNATE TECHNOLOGIES
4.5. OPPORTUNITIES
4.5.1. IMPLEMENTATION OF MULTIMODAL BIOMETRICS
4.5.2. BIOMETRICS FOR SECURITY APPLICATIONS
4.6. CHALLENGES
4.6.1. HIGH COSTS ASSOCIATED WITH BIOMETRICS SYSTEMS
4.6.2. TECHNOLOGICAL LIMITATIONS
5. MARKET SEGMENTATION
5.1. BY TYPE
5.1.1. FIXED
5.1.2. MOBILE
5.2. BY TECHNOLOGY
5.2.1. FINGERPRINT RECOGNITION
5.2.2. IRIS RECOGNITION
5.2.3. FACIAL RECOGNITION
5.2.4. HAND GEOMETRY
5.2.5. VEIN ANALYSIS
5.2.6. VOICE RECOGNITION
5.2.7. DNA ANALYSIS
5.2.8. GAIT ANALYSIS
5.2.9. ELECTROENCEPHALOGRAM (EEG)/ ELECTROCARDIOGRAM (ECG)
5.2.10. OTHER
5.3. BY END USERS
5.3.1. GOVERNMENT
5.3.2. TRANSPORTATION
5.3.3. HEALTHCARE
5.3.4. BANKING FINANCIAL SERVICES AND INSURANCE (BFSI)
5.3.5. RETAIL
5.3.6. OTHER END USERS
6. KEY ANALYTICS
6.1. PORTERS FIVE FORCE ANALYSIS
6.1.1. BARGAINING POWER OF SUPPLIERS
6.1.2. BARGAINING POWER OF BUYERS
6.1.3. THREAT OF NEW ENTRANTS
6.1.4. THREAT OF SUBSTITUTE PRODUCT
6.1.5. THREAT OF COMPETITIVE RIVALRY
6.2. VENDOR LANDSCAPE
6.3. OPPORTUNITY MATRIX
7. GEOGRAPHY ANALYSIS
7.1. LATIN AMERICA
7.1.1. BRAZIL
7.1.2. ARGENTINA
7.1.3. MEXICO
7.1.4. REST OF LATIN AMERICA
8. COMPETITIVE LANDSCAPE
8.1. MARKET SHARE ANALYSIS
8.2. COMPANY PROFILES
8.2.1. 3M COGENT
8.2.1.1. OVERVIEW
8.2.1.2. PRODUCT PORTFOLIO
8.2.1.3. STRATEGIC MOVES
8.2.1.4. SCOT ANALYSIS
8.2.2. AWARE INC
8.2.2.1. OVERVIEW
8.2.2.2. PRODUCT PORTFOLIO
8.2.2.3. STRATEGIC MOVES
8.2.2.4. SCOT ANALYSIS
8.2.3. BIOID
8.2.3.1. OVERVIEW
8.2.3.2. PRODUCT PORTFOLIO
8.2.3.3. STRATEGIC MOVES
8.2.3.4. SCOT ANALYSIS
8.2.4. CROSS MATCH TECHNOLOGIES
8.2.4.1. OVERVIEW
8.2.4.2. PRODUCT PORTFOLIO
8.2.4.3. STRATEGIC MOVES
8.2.4.4. SCOT ANALYSIS
8.2.5. FUJITSU
8.2.5.1. OVERVIEW
8.2.5.2. PRODUCT PORTFOLIO
8.2.5.3. STRATEGIC MOVES
8.2.5.4. SCOT ANALYSIS
8.2.6. HID GLOBAL
8.2.6.1. OVERVIEW
8.2.6.2. PRODUCT PORTFOLIO
8.2.6.3. STRATEGIC MOVES
8.2.6.4. SCOT ANALYSIS
8.2.7. IMAGEWARE SYSTEMS
8.2.7.1. OVERVIEW
8.2.7.2. PRODUCT PORTFOLIO
8.2.7.3. STRATEGIC MOVES
8.2.7.4. SCOT ANALYSIS
8.2.8. IRIS ID
8.2.8.1. OVERVIEW
8.2.8.2. PRODUCT PORTFOLIO
8.2.8.3. STRATEGIC MOVES
8.2.8.4. SCOT ANALYSIS
8.2.9. IRITECH INC
8.2.9.1. OVERVIEW
8.2.9.2. PRODUCT PORTFOLIO
8.2.9.3. STRATEGIC MOVES
8.2.9.4. SCOT ANALYSIS
8.2.10. M2SYS TECHNOLOGIES
8.2.10.1. OVERVIEW
8.2.10.2. PRODUCT PORTFOLIO
8.2.10.3. STRATEGIC MOVES
8.2.10.4. SCOT ANALYSIS
8.2.11. MISTRAL SOLUTIONS INC
8.2.11.1. OVERVIEW
8.2.11.2. PRODUCT PORTFOLIO
8.2.11.3. STRATEGIC MOVES
8.2.11.4. SCOT ANALYSIS
8.2.12. NEC
8.2.12.1. OVERVIEW
8.2.12.2. PRODUCT PORTFOLIO
8.2.12.3. STRATEGIC MOVES
8.2.12.4. SCOT ANALYSIS
8.2.13. SAFRAN
8.2.13.1. OVERVIEW
8.2.13.2. PRODUCT PORTFOLIO
8.2.13.3. STRATEGIC MOVES
8.2.13.4. SCOT ANALYSI
8.2.14. SIEMENS AG
8.2.14.1. OVERVIEW
8.2.14.2. PRODUCT PORTFOLIO
8.2.14.3. STRATEGIC MOVES
8.2.14.4. SCOT ANALYSIS
8.2.15. VFS GLOBAL
8.2.15.1. OVERVIEW
8.2.15.2. PRODUCT PORTFOLIO
8.2.15.3. STRATEGIC MOVES
8.2.15.4. SCOT ANALYSIS
LIST OF TABLES
TABLE 1: LATIN AMERICA BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)
TABLE 2: LATIN AMERICA BIOMETRICS MARKET, BY TYPE, 2017-2025, (IN $ BILLION)
TABLE 3: LATIN AMERICA BIOMETRICS MARKET, BY TECHNOLOGY, 2017-2025 (IN $ BILLION)
TABLE 4: LATIN AMERICA BIOMETRICS MARKET, BY END USERS, 2017-2025 (IN $ BILLION)
TABLE 5: LATIN AMERICA BIOMETRICS MARKET, BY COUNTRY, 2017-2025, (IN $ BILLION)
TABLE 1: LATIN AMERICA BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)
TABLE 2: LATIN AMERICA BIOMETRICS MARKET, BY TYPE, 2017-2025, (IN $ BILLION)
TABLE 3: LATIN AMERICA BIOMETRICS MARKET, BY TECHNOLOGY, 2017-2025 (IN $ BILLION)
TABLE 4: LATIN AMERICA BIOMETRICS MARKET, BY END USERS, 2017-2025 (IN $ BILLION)
TABLE 5: LATIN AMERICA BIOMETRICS MARKET, BY COUNTRY, 2017-2025, (IN $ BILLION)
LIST OF FIGURES
FIGURE 1: LATIN AMERICA BIOMETRICS MARKET, BY COUNTRY, 2016 (IN %)
FIGURE 2: LATIN AMERICA BIOMETRICS MARKET, BY TYPE, 2016 (IN %)
FIGURE 3: LATIN AMERICA FIXED BIOMETRICS MARKET, 2017-2025 (IN $ BILLION)
FIGURE 4: LATIN AMERICA MOBILE BIOMETRICS MARKET, 2017-2025 (IN $ BILLION)
FIGURE 5: LATIN AMERICA BIOMETRICS MARKET, BY TECHNOLOGY, 2016 (IN %)
FIGURE 6: LATIN AMERICA BIOMETRICS MARKET, BY FINGERPRINT RECOGNITION, 2017-2025 (IN $ BILLION)
FIGURE 7: LATIN AMERICA BIOMETRICS MARKET, BY IRIS RECOGNITION, 2017-2025 (IN $ BILLION)
FIGURE 8: LATIN AMERICA BIOMETRICS MARKET, BY FACIAL RECOGNITION 2017-2025 (IN $ BILLION)
FIGURE 9: LATIN AMERICA BIOMETRICS MARKET, BY HAND GEOMETRY, 2017-2025 (IN $ BILLION)
FIGURE 10: LATIN AMERICA BIOMETRICS MARKET, BY VEIN ANALYSIS, 2017-2025 (IN $ BILLION)
FIGURE 11: LATIN AMERICA BIOMETRICS MARKET, BY VOICE RECOGNITION, 2017-2025 (IN $ BILLION)
FIGURE 12: LATIN AMERICA BIOMETRICS MARKET, BY DNA ANALYSIS, 2017-2025 (IN $ BILLION)
FIGURE 13: LATIN AMERICA BIOMETRICS MARKET, BY GAIT ANALYSIS, 2017-2025 (IN $ BILLION)
FIGURE 14: LATIN AMERICA BIOMETRICS MARKET, BY EEG/ECG, 2017-2025 (IN $ BILLION)
FIGURE 15: LATIN AMERICA BIOMETRICS MARKET, BY OTHER TECHNOLOGIES, 2017-2025 (IN $ BILLION)
FIGURE 16: LATIN AMERICA BIOMETRICS MARKET, BY END USERS, 2016 (IN %)
FIGURE 17: LATIN AMERICA BIOMETRICS MARKET, BY GOVERNMENT, 2017-2025 (IN $ BILLION)
FIGURE 18: LATIN AMERICA BIOMETRICS MARKET, BY TRANSPORTATION, 2017-2025 (IN $ BILLION)
FIGURE 19: LATIN AMERICA BIOMETRICS MARKET, BY HEALTHCARE, 2017-2025 (IN $ BILLION)
FIGURE 20: LATIN AMERICA BIOMETRICS MARKET, BY BFSI, 2017-2025 (IN $ BILLION)
FIGURE 21: LATIN AMERICA BIOMETRICS MARKET, BY RETAIL, 2017-2025 (IN $ BILLION)
FIGURE 22: LATIN AMERICA BIOMETRICS MARKET, BY OTHER END USERS, 2017-2025 (IN $ BILLION)
FIGURE 23: LATIN AMERICA BIOMETRICS MARKET SHARE, BY COUNTRY, 2016 & 2025 (IN %)
FIGURE 24: BRAZIL BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)
FIGURE 25: ARGENTINA BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)
FIGURE 26: MEXICO BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)
FIGURE 27: REST OF LATIN AMERICA BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)
FIGURE 1: LATIN AMERICA BIOMETRICS MARKET, BY COUNTRY, 2016 (IN %)
FIGURE 2: LATIN AMERICA BIOMETRICS MARKET, BY TYPE, 2016 (IN %)
FIGURE 3: LATIN AMERICA FIXED BIOMETRICS MARKET, 2017-2025 (IN $ BILLION)
FIGURE 4: LATIN AMERICA MOBILE BIOMETRICS MARKET, 2017-2025 (IN $ BILLION)
FIGURE 5: LATIN AMERICA BIOMETRICS MARKET, BY TECHNOLOGY, 2016 (IN %)
FIGURE 6: LATIN AMERICA BIOMETRICS MARKET, BY FINGERPRINT RECOGNITION, 2017-2025 (IN $ BILLION)
FIGURE 7: LATIN AMERICA BIOMETRICS MARKET, BY IRIS RECOGNITION, 2017-2025 (IN $ BILLION)
FIGURE 8: LATIN AMERICA BIOMETRICS MARKET, BY FACIAL RECOGNITION 2017-2025 (IN $ BILLION)
FIGURE 9: LATIN AMERICA BIOMETRICS MARKET, BY HAND GEOMETRY, 2017-2025 (IN $ BILLION)
FIGURE 10: LATIN AMERICA BIOMETRICS MARKET, BY VEIN ANALYSIS, 2017-2025 (IN $ BILLION)
FIGURE 11: LATIN AMERICA BIOMETRICS MARKET, BY VOICE RECOGNITION, 2017-2025 (IN $ BILLION)
FIGURE 12: LATIN AMERICA BIOMETRICS MARKET, BY DNA ANALYSIS, 2017-2025 (IN $ BILLION)
FIGURE 13: LATIN AMERICA BIOMETRICS MARKET, BY GAIT ANALYSIS, 2017-2025 (IN $ BILLION)
FIGURE 14: LATIN AMERICA BIOMETRICS MARKET, BY EEG/ECG, 2017-2025 (IN $ BILLION)
FIGURE 15: LATIN AMERICA BIOMETRICS MARKET, BY OTHER TECHNOLOGIES, 2017-2025 (IN $ BILLION)
FIGURE 16: LATIN AMERICA BIOMETRICS MARKET, BY END USERS, 2016 (IN %)
FIGURE 17: LATIN AMERICA BIOMETRICS MARKET, BY GOVERNMENT, 2017-2025 (IN $ BILLION)
FIGURE 18: LATIN AMERICA BIOMETRICS MARKET, BY TRANSPORTATION, 2017-2025 (IN $ BILLION)
FIGURE 19: LATIN AMERICA BIOMETRICS MARKET, BY HEALTHCARE, 2017-2025 (IN $ BILLION)
FIGURE 20: LATIN AMERICA BIOMETRICS MARKET, BY BFSI, 2017-2025 (IN $ BILLION)
FIGURE 21: LATIN AMERICA BIOMETRICS MARKET, BY RETAIL, 2017-2025 (IN $ BILLION)
FIGURE 22: LATIN AMERICA BIOMETRICS MARKET, BY OTHER END USERS, 2017-2025 (IN $ BILLION)
FIGURE 23: LATIN AMERICA BIOMETRICS MARKET SHARE, BY COUNTRY, 2016 & 2025 (IN %)
FIGURE 24: BRAZIL BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)
FIGURE 25: ARGENTINA BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)
FIGURE 26: MEXICO BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)
FIGURE 27: REST OF LATIN AMERICA BIOMETRICS MARKET, 2017-2025 (IN $ BILLIONS)