Biometrics System Market for Software Is Expected to Grow at the Highest CAGR During the Forecast Period
The biometrics system market for software is expected to grow at the highest CAGR during the forecast period. Software platform in a biometrics system compliments the function of hardware by storing and recalling spatial data; it also allows live data streaming rather than static data. Further, in the coming years, the growing deployment of multimodal and multifactor biometrics systems would lead to increase in the complexity of database, which will generate the need for advanced software platforms.
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