Automotive Biometric market to reach USD 1,128 million with a CAGR of 12%
Market Analysis Market Research Future (MRFR) predicts the global Automotive Biometric market to reach USD 1,128 million with a CAGR of 12% from (forecast period). A biometric system is a vital system used in automobiles for biometric identification and authentication in vehicles. Its objective is to provide safety in vehicles and is used in a variety of applications such as health monitoring, vehicle immobilizer, and biometric car access. Biometric automotive security is an important concept in the automotive industry due to the growing number of vehicle theft. The global Automotive Biometric market is influenced by factors like the growth of the automotive industry, the growing need for safety and security, strict regulations regarding biometric identification systems, and increasing investments into automotive infrastructure development in emerging economies. There has been a rise in the need for vehicle safety and security. As a result, the demand for the Automotive Biome