Latest News- Gait Biometrics Market: Healthcare is expected to lead the End-user segment during 2025-2029

The Gait Biometrics Market is being driven by Growing potential of gait biometrics for elderly care

The Gait Biometrics Market is expected to grow at a CAGR of 11.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 68.7 million. The gait biometrics market is experiencing significant growth due to increasing acceptance and adoption by trainers, athletes, and individual users for performance tracking and health monitoring. This trend is driving app developers to introduce gait authentication capabilities in applications such as GaitAnalysisPro and Gaitometer, available on Apple's iTunes store. These apps enable users to analyze their gait patterns while walking or running, creating a revolution in the global gait biometrics market. Additionally, gait authentication offers added security and convenience by providing seamless access control over doors and smart locks through smartphones, checking for unique gait signatures to grant entry only to authorized users. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Healthcare
  • Sports
  • Security
  • Research
• Type
  • Assessment
  • Treatment
  • Monitoring
• Technology
  • 2D gait analysis
  • 3D gait analysis
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing potential of gait biometrics for elderly care
• Rising adoption of contactless biometrics
• Increased research and development spending by companies

However, the market also witnesses some limitations, which are as follows:

• Increasing total cost of ownership
• Lack of standardization
• Lack of awareness and professional expertise

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Market Scope in Gait Biometrics Market Research Report

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Research Analysis Overview

The Gait Biometrics Market encompasses the use of Biometric Recognition, specifically focusing on gait analysis, for Passive Authentication. This non-invasive sensing technique employs Multimodal Biometrics, such as Behavioral Biometrics, for Real-time Gait Analysis. Gait Databases are utilized to extract Features and apply Classification Algorithms for Anomaly Detection and Pattern Recognition. Data Privacy and Security are paramount, with Biometric Security Standards ensuring ethical considerations. Wearable Technology, including Fitness Trackers and Mobile Health, leverage gait biometrics for Remote Monitoring, Predictive Analytics, Personalized Medicine, and Performance Optimization. Applications extend to Sports Science, Injury Prevention, Age-related Decline, Falls Prevention, Criminal Identification, and various industries like Customer Segmentation, Personalized Marketing, Smart Retail, Smart Buildings, Disability Inclusion, and Human-computer Interaction. Technologies such as Facial Recognition, Iris Recognition, Fingerprint Recognition, and Voice Recognition complement gait biometrics.

Market Research Overview

The Communications Equipment Market encompasses the manufacturing sector of enterprise networking solutions, such as LANs, WANs, routers, telephones, switchboards, and exchanges, as well as communications infrastructure or telecom equipment. According to Technavio's market analysis, this market's size is determined by the revenue generated from equipment sales, broadcasting equipment, telecommunication equipment, and telecom service providers' infrastructure investments. Excluding cellular phone manufacturers, this market's growth is primarily driven by the expanding number of data centers and hyperscalers' investments in new facilities and capacity enhancements. Additionally, advancements in Biometric Authentication, Security Systems, and Access Control technologies for Identity Verification are expected to fuel market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/