The Latin America, Middle East and Africa Human Identification Market would witness market growth of 12.6% CAGR during the forecast period (2023-2030).
The increasing prevalence of smartphone identification technology is an important trend in the market. People can identify themselves using mobile devices because smartphones are widely used, and mobile technology has evolved. Consumers are demanding cost-effectiveness, portability, and convenience in several applications, including access control, e-commerce, and mobile banking.
Another important development in the market is the use of multimodal biometrics. Multimodal biometric systems integrate various biometric modalities to increase security and overcome the drawbacks of single biometric modalities. For example, combining fingerprint, face, and iris scanning to produce a more dependable and accurate identification system boosts its application in high-security settings.
The accuracy and efficiency of human identification processes are being improved using AI and ML techniques. These technologies improve the overall efficiency of identification systems by analysing large datasets, identifying anomalies, and improving facial recognition algorithms. As AI and ML continue to advance, it is anticipated that future human identification solutions will rely significantly on these technologies.
The Costa Rican government passed a novel paternity law called Law 8101 Ley de Paternidad Responsable. According to reports, the bill was the first in Latin America and the world. According to the law, a mother may reveal the child’s father’s identity after going through an administrative process. After which, the concerned man is instructed to take a DNA test. In 2018, ICITAP launched a multi-year law enforcement capacity development mission in Iraq focused on four areas: forensic services and crime scene investigations, organized crime investigations, internal investigations, and specialized training management. Therefore, such government regulation is anticipated to support the growth of the regional market.
The Brazil market dominated the LAMEA Human Identification Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $55.6 million by 2030. The Argentina market is poised to grow at a CAGR of 13.3% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 12.3% during (2023 - 2030).
Based on End User, the market is segmented into Forensic Laboratories and Research Centers, Academic & Government Institutes. Based on Product, the market is segmented into Assay Kits and Reagents, Instruments and Others. Based on Application, the market is segmented into Forensic Applications, Paternity Identification and Others. Based on Technology, the market is segmented into Polymerase Chain Reaction, Next-Generation Sequencing, Capillary Electrophoresis and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Human Identification Market is Projected to reach USD 3.1 Billion by 2030, at a CAGR of 10.6%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Thermo Fisher Scientific Inc., Promega Corporation, Hamilton Company, Bio-Rad Laboratories, Inc, Qiagen N.V, SecuriGene Technologies Inc., AutoGen Inc., InnoGenomics Technologies, LLC., Carolina Biological Supply Company, and Genetek Biopharma GmbH
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