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Proliferation of Biometrics in the Automotive Industry to Grow Rapidly, Featuring in 1 out of 3 New Passenger Vehicles by 2025
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This study captures the current trends in the application of biometrics in the automotive industry and how these trends will likely evolve in the future. The key topics discussed include the 3 main application areas of health, wellness, and wellbeing (HWW), advanced driver assistance systems (ADAS), and security for biometrics in the automotive industry; the automotive biometric ecosystem; the compounded annual growth rate; and the market penetration rate by 2025. In addition, this study examines the key activities of major original equipment manufacturers (OEM) and Tier I suppliers in terms of automotive biometrics, partnerships between various stakeholders, the business models that will likely evolve, and the rules and regulations that would influence the implementation of biometrics in the automotive industry.
Select Caribbean and Central American Automotive OEM, Dealership, Aftermarket Strategy, Growth Opportunities
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