Automated Palmprint Identification Systems (APIS) Market Forecast, Trends, and Share 2032

Tue, 25 Feb 2025 06:48:28 +0000

The global Automated Palmprint Identification Systems (APIS) Market is poised for remarkable growth, driven by advancements in biometric technologies and increasing demand for secure identification systems. According to a recent report by Dataintelo, the market is projected to grow at a CAGR of 15.8% from 2023 to 2030, reaching a valuation of USD 12.5 billion by the end of the forecast period. This growth is fueled by the rising adoption of APIS across various sectors, including law enforcement, healthcare, and banking.