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This article discusses the growing market for biometrics as a service in the healthcare industry, which uses physical characteristics like fingerprints and faces to identify individuals. The market is expected to reach over USD 2425.69 million by 2031, driven by factors such as increased use of mobile devices, government data security regulations, and the demand for efficient fraud detection and prevention technologies. Opportunities for providers of biometric authentication are also arising from the integration of cryptocurrency and A.I. capabilities.
