Latin America Government & Security Biometrics Market Share

Market Share of Latin America Government & Security Biometrics Industry

The Latin American government & security biometrics market is fragmented and highly competitive and has several players. Several companies in the region are adopting strategic initiatives like introducing new products, partnerships, and mergers & acquisitions to remain competitive in the market.

• December 2023: IDEX Biometrics and Toppan Gravity announced the launch of biometric smart cards in Latin America. The collaboration introduced biometric cards featuring the innovative IDEX Pay fingerprint authentication payment solution. The cards were expected to be available in the market by Q1 2024.
• November 2023: Aware Inc. and Serban Group partnered to enhance the provision of biometric digital identity and authentication solutions. Their focus is on serving financial services firms, governments, and commercial enterprises in Latin America and Europe. Aware's dedicated program empowers technology providers to boost revenue streams by providing biometric solutions.

Latin America Government & Security Biometrics Market Leaders

1. Fujitsu

2. Thales Group

3. HID Global Corporation

4. Aware, Inc.

5. NEC Corporation

*Disclaimer: Major Players sorted in no particular order