Biometric System Market by Authentication Type (Single Factor, Fingerprint, Iris, Face, Voice; Multi-factor), Type (Contact-based, Contactless, Hybrid), Offering Type, Mobility, Vertical & Region, 2027
Updated on : September 08 , 2023
The biometric system market is expected to grow from USD 42.9 billion in 2022 to USD 82.9 billion by 2027, at a CAGR of 14.1%.
Increasing the advancements in biometric technology across various sectors and rising demand for authentication and identification solutions as well as security and surveillance solutions in various application areas are the primary factors driving the market growth. Moreover, growing adoption of biometric system industry in consumer electronics, BFSI as well as automotive verticals will drive the demand for this technology in the near future.
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Biometric System Market Dynamics
Driver: Increasing use of biometric technology in consumer electronics for authentication and identification applications
Manufacturers of consumer electronics, including smartphones, tablets, laptops, and home automation devices, are keen on integrating advanced features and functionalities into their products to attract more customers and expand their client base. As consumers adopt highly advanced connected devices and digital technologies to process critical information, it creates security concerns among end users. Therefore, today’s consumers prefer using devices that support biometric authentication to access bank accounts, email accounts, and other personal data such as medical records and financial information. Similarly, biometric technology-based smartphones are increasingly being used to secure credentials for accessing buildings, doors, and IT systems, thereby delivering a better experience to users and presenting various opportunities to providers of portable access control solutions. All these factors boost the demand for smartphones at present, and a similar trend is likely to observe in the near future.
Restraint: Substantial costs associated with biometric systems.
Biometric system providers meet the requirements of specialized applications in government, banking, financial services, and insurance (BFSI), consumer electronics, automotive, and several other verticals. Production of the advanced biometric system involves high capital investment in R&D, production, installation, maintenance, and shipping. Software and hardware components (fingerprint readers, electronic locking system, scanners, sensors, cameras) of high-performance biometric systems incur significant installation and maintenance costs. More sophisticated biometric technologies require modernized raw materials and subcomponents, thereby incurring additional costs. At users’ end, they have to bear the shipping, installation, and preventive maintenance costs. Thus, the need for heavy capital investment hinders the biometric system market growth. However, the higher adoption rate of these sophisticated technologies implies that the cost would decrease in the near future.
Opportunity: Significant advances in biometric solutions designed for authentication and identification applications
Biometric solutions have undergone significant technological advances in the recent past. Advances in sensing technologies and the widespread use of devices such as computers and mobile phones offer new opportunities for capturing the physiological and behavioral traits of human beings and analyzing related data for biometric authentication. Machine learning and artificial intelligence technology-powered biometric systems are bringing new possibilities to effectively identify any unusual behavior and provide an additional layer of authentication, if necessary. Biometric solutions with multi-factor authentication are gaining traction to avoid possible data breaches. The increasing demand for contactless systems and expanding applications areas encourage biometric system manufacturers to continuously invest in R&D activities to enhance their portfolio of advanced biometric systems
Challenge: Data security concerns and lack of technical know-how
Biometric systems are increasingly being used to maintain and protect the identity of civilians. In this modern era, citizens consider privacy as one of the most important rights, and there is a common perception that biometric systems invade these rights owing to their private information being known to sources. Such information is said to be misused by country rivals or criminal prosecutors for unfair practices and manipulating public opinion. Misuse of the lost information may lead to class action lawsuits or regulatory fines against the company that leaked the data. Protocols such as restrictions in copying and downloading of personal information by third parties in an attempt to decrease the likeliness of loss of information for illegal use are required to be imposed by concerned authorities.
The multi-factor authentication segment is expected to grow at the fastest CAGR in the biometric system market during the forecast period. The growing demand for multi-factor authentication is attributed to the rising need for additional security against the theft of sensitive data, especially in government and defense verticals. Combining multiple identifiers adds an extra level of protection, making the system more effective, accurate, and reliable. In addition, a multimodal biometric system can reduce the failure to enroll (FTE) and failure to capture (FTC) rates. The rapid development of biometric smart cards for payment and identification purposes is expected to drive the demand for multi-factor during the forecast period.
Government vertical is expected to have the largest market share during the forecast period
The government vertical held the largest share of the biometric system market in 2021, and the trend is expected to continue during the forecast period. Biometrics helps in dismissing corruption through various government-deployed projects for large-scale identification, such as biometric civil IDs. Through biometric identification, government subsidies, rebates, and incentives that include rations and others can be easily offered to the entitled citizens while avoiding any possible loopholes in the system. Government agencies also utilize biometric solutions for verifying individuality across international boundaries. In certain countries, visa aspirants are mandated to give biometric samples that are searched in criminal records and immigration databases for refraining the offenders to enter their geographies.
Asia Pacific is the leading biometric system market in terms of CAGR, globally during the forecast period
The market in APAC will grow at the highest CAGR during the forecast period. The biometric system market in APAC is segmented into China, Japan, India, Australia, South Korea, and the Rest of APAC. The presence of prominent biometric system manufacturers including Fujitsu and NEC Corporation is expected to contribute to the revenue share of this region owing to the rapid economic growth in major countries such as China, Japan, India, and South Korea. The growth of the market in APAC is also attributed to technological advancements, increased awareness among the masses regarding the use of biometric systems for security purposes, and lowered the cost of devices based on these technologies
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Top Biometric Companies - Key Market Players:
The biometric companies is dominated by players such as Thales Group(Paris), Idemia (France), ASSA ABLOY (Sweden), NEC Corporation(Japan), and Fujitsu(Japan).
Biometric System Market Report Scope :
|
Report Metric |
Details |
| Estimated Market Size | USD 42.9 Billion |
| Projected Market Size | USD 82.9 Billion |
| Growth Rate | CAGR of 14.1% |
|
Market size available for years |
2022–2027 |
|
On Demand Data Available |
2030 |
|
Report Coverage |
|
|
Segments covered |
|
|
Geographies covered |
|
|
Top Biometircs Companies covered |
|
| Key Market Driver | Authentication and Identification Applications |
| Largest Growing Region | North America (NA) |
| Largest Market Share Segment | Single Factor Authentication Segment |
| Highest CAGR Segment | Multi-factor Authentication Segment |
The study categorizes the biometric system market based on value, by design IP type, by IP source, by IP core and vertical at the regional and global levels.
By Authentication Type
- Single-Factor Authentication
- Multi-Factor Authentication
By Offering
- Hardware
- Software
By Type
- Contact-Based
- Contact-less
- Hybrid
By Mobility
- Fixed
- Portable
By Vertical
- Government
- Consumer Electronics
- Military & Defense
- Healthcare
- Banking & Finance
- Travel & Immigration
- Automotive
- Security
- Others
By Region
-
North America
- US
- Canada
- Mexico
-
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
-
APAC
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
-
Rest of the World
- Middle East & Africa
- South America
Recent Developments
- In January 2022, IDEMIA collaborated with Microsoft to deliver next-generation eSIM and connectivity solutions for consumer and M2M/IoT devices.
- In July 2021, Thales Group launched a new voice biometric solution, a part of the Trusted Digital Identity Service Platform, for onboarding and authentication. It allows detecting fraudsters attempting to mimic customers.
- In April 2020, The acquisition allowed Fujitsu Frontech North America, Inc. to strengthen its offerings and expand its biometric authentication solutions business domestically and globally.
Frequently Asked Questions (FAQ):
What is the size of the global biometric system market?
The global biometric system market is valued to be USD 42.9 billion in 2022and is projected to reach USD 82.9 billion by 2027, at a CAGR of 14.1%.
What are the major driving factors and opportunities in the biometric system market?
Increasing the advancements in biometric technology across various sectors and rising demand for authentication and identification solutions as well as security and surveillance solutions in various application areas such as in consumer electronics, government in APAC, and other regions are the primary factors driving the market growth.
Who are the star players in the global biometric system market?
Biometric Companies such Thales Group(Paris), Idemia (France), ASSA ABLOY (Sweden), NEC Corporation(Japan), and Fujitsu(Japan) fall under the star category. These companies cater to the requirements of their customers by providing customized products. Such advantages give these companies an edge over other biometric companies in the market.
What are the major strategies adopted by the key players?
Product launches and deals such as acquisitions, and collaborations are the major strategies adopted by the key players of the biometric system market .
Which region contributes to the largest market share in biometric system market during the forecast period?
North America contributes the largest market share in biometric system market during the forecast period. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 40)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 BIOMETRIC SYSTEM MARKET SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 VOLUME UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES:
2 RESEARCH METHODOLOGY (Page No. - 45)
2.1 RESEARCH DATA
FIGURE 2 BIOMETRIC SYSTEM MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 list of secondary sources
2.1.2.2 Key secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key industry insights
2.1.3.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Methodology for arriving at market size using bottom-up approach
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM UP (SUPPLY SIDE)— REVENUE GENERATED BY COMPANIES IN BIOMETRIC SYSTEM MARKET
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 2
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Methodology for capturing market size using top-down approach
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS
2.6 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 56)
3.1 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
FIGURE 7 IMPACT OF COVID-19 ON BIOMETRIC SYSTEM MARKET
3.2 POST-COVID-19 SCENARIO
TABLE 2 POST-COVID-19 SCENARIO: MARKET, 2022–2027 (USD MILLION)
3.3 OPTIMISTIC SCENARIO (POST-COVID-19)
TABLE 3 OPTIMISTIC SCENARIO (POST-COVID-19): MARKET, 2022–2027 (USD MILLION)
3.4 PESSIMISTIC SCENARIO (POST-COVID-19)
TABLE 4 PESSIMISTIC SCENARIO (POST-COVID-19): MARKET, 2022–2027 (USD MILLION)
FIGURE 8 MULTI-FACTOR AUTHENTICATION TYPE TO REGISTER HIGHER CAGR IN MARKET DURING FORECAST PERIOD
FIGURE 9 CONTACTLESS BIOMETRIC SYSTEMS TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 10 MARKET FOR SOFTWARE TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 11 PORTABLE MARKET TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 12 GOVERNMENT VERTICAL TO HOLD LARGEST SIZE OF MARKET IN 2027
FIGURE 13 MARKET IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 63)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN BIOMETRIC SYSTEM MARKET
FIGURE 14 INCREASING DEPLOYMENT OF BIOMETRIC SYSTEMS IN HEALTHCARE TO FUEL MARKET GROWTH FROM 2022 TO 2027
4.2 MARKET, BY AUTHENTICATION TYPE
FIGURE 15 SINGLE-FACTOR AUTHENTICATION SEGMENT TO ACCOUNT FOR LARGER SHARE OF MARKET FROM 2022 TO 2027
4.3 MARKET, BY OFFERING TYPE
FIGURE 16 SOFTWARE SEGMENT TO OUTGROW HARDWARE SEGMENT DURING FORECAST PERIOD
4.4 MARKET, BY TYPE
FIGURE 17 CONTACTLESS BIOMETRICS TO HOLD LARGEST SHARES OF MARKET IN 2027
4.5 MARKET, BY MOBILITY
FIGURE 18 PORTABLE SEGMENT IS EXPECTED TO WITNESS FASTER GROWTH DURING FORECAST PERIOD
4.6 MARKET, BY VERTICAL
FIGURE 19 GOVERNMENT SEGMENT HELD LARGEST MARKET SIZE IN 2022
4.7 MARKET, BY COUNTRY
FIGURE 20 INDIA TO REGISTER HIGHEST CAGR IN MARKET FROM 2022 TO 2027
5 MARKET OVERVIEW (Page No. - 67)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 BIOMETRIC SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increasing use of biometric technology in consumer electronics for authentication and identification applications
FIGURE 22 SMARTPHONE ADOPTION RATE (%), BY GEOGRAPHY, 2020 VS. 2025
TABLE 5 USE CASES OF MODERN-DAY CONSUMER ELECTRONICS: FINGERPRINT AUTHENTICATION
TABLE 6 USE CASES OF MODERN-DAY CONSUMER ELECTRONICS: FACE AUTHENTICATION
5.2.1.2 Growing focus of governments worldwide on improving governance and delivering welfare benefits to needy, and preventing fake entries of beneficiaries using biometrics
5.2.1.3 Rising need for biometric technology-based surveillance and security solutions owing to heightened threat of terrorist attacks
FIGURE 23 DEATH DUE TO TERRORIST ATTACKS (%), BY COUNTRY, 2019
TABLE 7 TOP 10 COUNTRIES WITH HIGHEST NUMBER OF TERROR ATTACKS AND FATALITIES, 2019
5.2.1.4 Surging adoption of biometric technologies in automotive applications to ensure improved safety and security
5.2.2 RESTRAINTS
5.2.2.1 Substantial costs associated with biometric systems
5.2.2.2 Increased hygiene concerns and high risk of transmission of coronavirus posed by touch-based biometric solutions
5.2.3 OPPORTUNITIES
5.2.3.1 Significant advances in biometric solutions designed for authentication and identification applications
TABLE 8 RECENT UPDATES IMPLEMENTED BY SUPPLIERS OF BIOMETRIC SYSTEMS
TABLE 9 BIOMETRIC DEPLOYMENT DEPICTING RELEVANT DEVELOPMENTS
5.2.3.2 Strategic collaborations among supply chain participants
TABLE 10 SYSTEM PROVIDERS – END-USER PARTNERSHIPS
5.2.3.3 Improved/direct availability of Biometric-as-a-Service
TABLE 11 SAAS DEVELOPMENTS BY PARTICIPANTS IN BIOMETRIC SYSTEM ECOSYSTEM
5.2.4 CHALLENGES
5.2.4.1 Data security concerns and lack of technical know-how
5.2.4.2 Failure in detecting authorized and unauthorized users
5.3 VALUE CHAIN ANALYSIS
FIGURE 24 MARKET: VALUE CHAIN
5.4 PORTER’S FIVE FORCES ANALYSIS
TABLE 12 MARKET: PORTER’S FIVE FORCES ANALYSIS
5.5 BIOMETRIC SYSTEM ECOSYSTEM ANALYSIS
FIGURE 25 ECOSYSTEM OF MARKET
TABLE 13 BIOMETRIC SYSTEM MARKET: ECOSYSTEM
5.6 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS' BUSINESS
5.6.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR BIOMETRIC SYSTEM MANUFACTURERS
FIGURE 26 REVENUE SHIFT FOR BIOMETRIC SYSTEM MANUFACTURERS
5.7 CASE STUDY ANALYSIS
5.7.1 USE CASE - BIOMETRIC-ENABLED BOARDING HAS BECOME POSSIBLE FOR UK PASSENGERS OWING TO JOINT EFFORTS OF EUROSTAR AND IPROOV
5.7.2 USE CASE - MULTI-BIOMETRIC ENTRY/EXIT PROGRAM IN UAE HAS ENABLED SEAMLESS CROSSINGS
5.7.3 CYBERLINK WILL DEPLOY FACE RECOGNITION SYSTEMS FOR TALMA IN LATIN AMERICA
5.7.4 IDEMIA AND SOPRA STERIA WILL TOGETHER DEPLOY NEW SHARED BIOMETRIC MATCHING SYSTEM TO BOOST BORDER SECURITY IN EU
5.8 TECHNOLOGY ANALYSIS
5.8.1 CLOUD-BASED BIOMETRIC SYSTEM
5.8.2 FINGER-VEIN RECOGNITION
5.8.3 3D FACE RECOGNITION
5.8.4 SENSOR INTEROPERABILITY
5.9 PRICING ANALYSIS
TABLE 14 BIOMETRIC SCANNERS, SELLING PRICE
5.10 TRADE AND TARIFF ANALYSIS
5.10.1 TRADE DATA FOR HS CODE 847190
TABLE 15 EXPORT DATA, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 16 IMPORT DATA, BY COUNTRY, 2016–2020 (USD MILLION)
5.10.2 TARIFF ANALYSIS
TABLE 17 TARIFFS DATA FOR HS 854081
5.11 PATENT ANALYSIS
FIGURE 27 PATENT ANALYSIS: BIOMETRIC SYSTEM MARKET
TABLE 18 RELATED PATENTS
5.12 REGULATORY LANDSCAPE
5.12.1 GOVERNMENT REGULATIONS REGARDING FAIR AND TRANSPARENT USE OF BIOMETRIC SYSTEMS – PRIVACY POLICIES
TABLE 19 PRIVACY REGULATIONS BY COUNTRIES
5.13 EKYC-RELATED LEGISLATIONS
5.13.1 NORTH AMERICA
5.13.1.1 US
5.13.1.2 Canada
5.13.1.3 Mexico
5.13.2 EUROPE
5.13.2.1 UK
5.13.2.2 Germany
5.13.2.3 France
5.13.2.4 Italy
5.13.2.5 Rest of Europe
5.13.3 APAC
5.13.3.1 China
5.13.3.2 Japan
5.13.3.3 South Korea
5.13.3.4 Taiwan
5.13.3.5 Australia
5.13.3.6 India
5.13.3.7 Rest of APAC
5.13.4 REST OF THE WORLD (ROW)
5.13.4.1 Brazil
5.13.4.2 South America
5.13.4.3 Middle East & Africa
TABLE 20 SUMMARISED SURVEY RESULTS: ARAB COUNTRIES' POSITION ON IMPLEMENTATION OF EKYC PROCEDURES
5.14 STATUS OF ADOPTION OF BIOMETRICS IN BANKING AND FINANCIAL INDUSTRY
5.14.1 NORTH AMERICA
5.14.1.1 US
5.14.1.2 Canada
5.14.1.3 Mexico
5.14.2 EUROPE
5.14.2.1 UK
5.14.2.2 Germany
5.14.2.3 France
5.14.2.4 Italy
5.14.2.5 Rest of Europe
5.14.3 APAC
5.14.3.1 China
5.14.3.2 Japan
5.14.3.3 South Korea
5.14.3.4 Taiwan
5.14.3.5 Australia
5.14.3.6 India
5.14.3.7 Rest of APAC
5.14.4 REST OF THE WORLD (ROW)
5.14.4.1 Brazil
5.14.4.2 South America
5.14.4.3 Middle East & Africa (MEA)
5.15 MAJOR TRENDS
5.15.1 BIOMETRIC PAYMENT CARD
5.15.2 BIOMETRIC ATM
5.15.3 BIOMETRIC AND DATA PRIVACY REGULATIONS
5.15.4 BIOMETRIC MOBILE APP SECURITY
5.15.5 BIOMETRIC MULTI-FACTOR AUTHENTICATION
TABLE 21 CURRENT AND POTENTIAL PLAYERS, BY REGION
6 BIOMETRIC SYSTEM MARKET, BY AUTHENTICATION TYPE (Page No. - 117)
6.1 INTRODUCTION
FIGURE 28 MARKET, BY AUTHENTICATION TYPE
FIGURE 29 MULTI-FACTOR AUTHENTICATION TYPE TO REGISTER HIGHER CAGR IN MARKET DURING FORECAST PERIOD
TABLE 22 MARKET, BY AUTHENTICATION TYPE, 2018–2021 (USD MILLION)
TABLE 23 MARKET, BY AUTHENTICATION TYPE, 2022–2027 (USD MILLION)
6.2 SINGLE-FACTOR AUTHENTICATION
6.2.1 USE CASE: SINGLE-FACTOR AUTHENTICATION IN PERSONAL LAPTOPS OR COMPUTERS
TABLE 24 MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 25 MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 26 MARKET FOR HARDWARE, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 27 MARKET FOR HARDWARE, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 28 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 29 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 30 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 31 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 32 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 33 MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.2 FINGERPRINT RECOGNITION
TABLE 34 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 35 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 36 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 37 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 38 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 39 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 40 MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 41 MARKET, BY TYPE, 2022–2027 (USD MILLION)
6.2.2.1 AFIS
6.2.2.1.1 Growing demand for biometrics from law enforcement agencies to propel market for AFIS
6.2.2.1.2 Use case: AFIS for forensic identification
6.2.2.2 Non-AFIS
6.2.2.2.1 Increasing use of biometrics in educational institutions to drive adoption of non-AFIS technology
6.2.3 IRIS RECOGNITION
6.2.3.1 Iris recognition technology is mainly adopted in government security vertical for identification and authentication
TABLE 42 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 43 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 44 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 45 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 46 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 47 MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.4 PALM PRINT RECOGNITION
6.2.4.1 Increased level of accuracy and security offered by palm print recognition fosters market growth
TABLE 48 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 49 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 50 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 51 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 52 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 53 MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.5 FACE RECOGNITION
6.2.5.1 Escalated need for surveillance and elevated demand for video analytics boosts market for face recognition
6.2.5.2 Use Case: Rising adoption of facial technology in law enforcement and government verticals
TABLE 54 FACIAL RECOGNITION TECHNOLOGY – RECENT DEVELOPMENTS
TABLE 55 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 56 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 57 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 58 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 59 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 60 MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.6 VEIN RECOGNITION
6.2.6.1 Constant requirement for high security in banking and immigration security verticals fuels growth of vein recognition market
TABLE 61 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 62 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 63 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 64 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 65 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 66 MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.7 SIGNATURE RECOGNITION
6.2.7.1 Non-invasive nature and better convenience of signature recognition to surge its adoption in near future
TABLE 67 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 68 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 69 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 70 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 71 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 72 MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.8 VOICE RECOGNITION
6.2.8.1 High accuracy of voice recognition through integration of AI to boost demand for voice recognition in coming years
6.2.8.2 Use Case: Soaring need for improving customer service in online banking
TABLE 73 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 74 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 75 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 76 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 77 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 78 MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.9 OTHERS
TABLE 79 OTHER RECOGNITION BIOMETRIC SYSTEM MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 80 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 81 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 82 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 83 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 84 MARKET, BY REGION, 2022–2027 (USD MILLION)
6.3 MULTI-FACTOR AUTHENTICATION
TABLE 85 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 86 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 87 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 88 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 89 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 90 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 91 MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 92 MARKET, BY TYPE, 2022–2027 (USD MILLION)
6.3.1 BIOMETRIC SMART CARD
6.3.1.1 Biometric smart card offers advanced secured authentication capabilities
TABLE 93 MARKET FOR SMART CARDS, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 94 MARKET FOR SMART CARDS, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 95 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 96 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 97 MARKET FOR SMART CARDS, BY REGION, 2018–2021 (USD MILLION)
TABLE 98 MARKET FOR SMART CARDS, BY REGION, 2022–2027 (USD MILLION)
6.3.2 BIOMETRIC PIN
6.3.2.1 Biometric PIN is most common multi-factor authentication method
TABLE 99 MARKET FOR SMART PIN, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 100 MARKET FOR SMART PIN, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 101 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 102 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 103 MARKET FOR SMART PIN, BY REGION, 2018–2021 (USD MILLION)
TABLE 104 MARKET FOR SMART PIN, BY REGION, 2022–2027 (USD MILLION)
6.3.3 MULTIMODAL
6.3.3.1 Use case: Deployment of multi-modal biometrics in enterprise security
TABLE 105 MARKET FOR MULTIMODAL TYPE, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 106 MARKET FOR MULTIMODAL TYPE, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 107 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2018–2021 (USD MILLION)
TABLE 108 MARKET FOR SECURITY VERTICAL, BY SECURITY TYPE, 2022–2027 (USD MILLION)
TABLE 109 MARKET FOR MULTIMODAL TYPE, BY REGION, 2018–2021 (USD MILLION)
TABLE 110 MARKET FOR MULTIMODAL TYPE, BY REGION, 2022–2027 (USD MILLION)
TABLE 111 MARKET, BY MULTIMODAL TYPE, 2018–2021 (USD MILLION)
TABLE 112 MARKET, BY MULTIMODAL TYPE, 2022–2027 (USD MILLION)
6.3.3.2 Two-factor authentication
6.3.3.3 Three-factor authentication
7 BIOMETRIC SYSTEM MARKET, BY OFFERING TYPE (Page No. - 163)
7.1 INTRODUCTION
FIGURE 30 MARKET, BY OFFERING TYPE
FIGURE 31 MARKET FOR SOFTWARE TO GROW AT HIGHER RATE DURING FORECAST PERIOD
TABLE 113 MARKET, BY OFFERING TYPE, 2018–2021 (USD MILLION)
TABLE 114 MARKET, BY OFFERING TYPE, 2022–2027 (USD MILLION)
7.2 HARDWARE
TABLE 115 RECENTLY LAUNCHED BIOMETRIC HARDWARE
TABLE 116 BIOMETRIC HARDWARE MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 117 BIOMETRIC HARDWARE MARKET, BY TYPE, 2022–2027 (USD MILLION)
7.2.1 FINGERPRINT READERS
7.2.1.1 Fingerprint readers to hold largest share of biometric system market for hardware segment in 2027
7.2.1.2 Use case: Fingerprint readers for access control at commercial spaces
7.2.2 SCANNERS
7.2.2.1 Low failure rate of scanners in identifying and authenticating individuals boosts their demand
7.2.3 CAMERAS
7.2.3.1 High adoption of facial recognition technology-based biometric systems to create increased demand for cameras
7.2.3.1.1 Use case: Utilization of biometric cameras in airport and immigration
7.2.4 OTHERS
7.3 SOFTWARE
7.3.1 SOFTWARE TO WITNESS HIGHER CAGR IN BIOMETRIC SYSTEM MARKET DURING FORECAST PERIOD
7.3.1.1 Rising adoption of modernized biometric software in military & defense sector
TABLE 118 RECENTLY LAUNCHED BIOMETRIC SOFTWARE
TABLE 119 FINGERPRINT RECOGNITION MARKET FOR SOFTWARE, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 120 FINGERPRINT RECOGNITION MARKET FOR SOFTWARE, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 121 IRIS RECOGNITION MARKET FOR SOFTWARE, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 122 IRIS RECOGNITION MARKET FOR SOFTWARE, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 123 FACE RECOGNITION MARKET FOR SOFTWARE, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 124 FACE RECOGNITION MARKET FOR SOFTWARE, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 125 VOICE RECOGNITION MARKET FOR SOFTWARE, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 126 VOICE RECOGNITION MARKET FOR SOFTWARE, BY VERTICAL, 2022–2027 (USD MILLION)
8 BIOMETRIC SYSTEM MARKET, BY TYPE (Page No. - 175)
8.1 INTRODUCTION
FIGURE 32 MARKET, BY TYPE
FIGURE 33 MARKET FOR CONTACTLESS SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 127 MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 128 MARKET, BY TYPE, 2022–2027 (USD MILLION)
8.2 CONTACT-BASED
8.2.1 CONTACTLESS BIOMETRIC SYSTEMS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 129 MARKET FOR SINGLE-FACTOR AUTHENTICATION, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 130 MARKET FOR SINGLE-FACTOR AUTHENTICATION, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 131 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 132 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 133 MARKET FOR SECURITY VERTICAL, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 134 MARKET FOR SECURITY VERTICAL, BY APPLICATION, 2022–2027 (USD MILLION)
8.3 CONTACTLESS
8.3.1 CONTACTLESS BIOMETRIC SOLUTIONS ARE WIDELY USED FOR NON-TOUCH VERIFICATION
TABLE 135 USE CASE 1: STAR ALLIANCE BIOMETRICS LAUNCHED IDENTITY VERIFICATION PLATFORM IN FRANKFURT AND MUNICH AIRPORTS, GERMANY
TABLE 136 MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 137 MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 138 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 139 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 140 MARKET FOR SECURITY VERTICAL, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 141 MARKET FOR SECURITY VERTICAL, BY APPLICATION, 2022–2027 (USD MILLION)
8.4 HYBRID
8.4.1 MARKET FOR HYBRID BIOMETRIC SOLUTIONS TO GROW AT SIGNIFICANT RATE OWING TO HIGH SECURITY AND ACCURACY OFFERED BY THEM
TABLE 142 MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 143 MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 144 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 145 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 146 MARKET FOR SECURITY VERTICAL, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 147 MARKET FOR SECURITY VERTICAL, BY APPLICATION, 2022–2027 (USD MILLION)
9 BIOMETRIC SYSTEM MARKET, BY MOBILITY (Page No. - 186)
9.1 INTRODUCTION
FIGURE 34 MARKET, BY MOBILITY
FIGURE 35 MARKET TO GROW AT HIGHER RATE DURING FORECAST PERIOD
TABLE 148 MARKET, BY MOBILITY, 2018–2021 (USD MILLION)
TABLE 149 MARKET, BY MOBILITY, 2022–2027 (USD MILLION)
9.2 FIXED
9.2.1 FIXED BIOMETRICS SEGMENT IS EXPECTED TO HOLD LARGER SIZE OF MARKET DURING FORECAST PERIOD
9.2.2 USE OF BIOMETRIC ATTENDANCE SYSTEMS FOR HIGH-LEVEL SECURITY IN EDUCATIONAL INSTITUTES
9.3 PORTABLE
9.3.1 MARKET FOR PORTABLE BIOMETRIC SYSTEMS IS EXPECTED TO WITNESS HIGHER CAGR DURING FORECAST PERIOD
9.3.2 PORTABLE BIOMETRIC SOLUTIONS ARE WIDELY USED BY LAW ENFORCEMENT AGENCIES
10 BIOMETRIC SYSTEM MARKET, BY VERTICAL (Page No. - 190)
10.1 INTRODUCTION
FIGURE 36 MARKET, BY VERTICAL
FIGURE 37 GOVERNMENT SEGMENT LIKELY TO HOLD LARGEST SIZE OF MARKET IN 2027
TABLE 150 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 151 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
10.2 GOVERNMENT
10.2.1 INCREASING GOVERNMENT INITIATIVES FOR PUBLIC SAFETY BOOST DEMAND FOR BIOMETRICS SOLUTIONS
10.2.1.1 Use case 1: Law enforcement and public security for criminal and suspect identification
10.2.1.2 Use case 2: Civil identification for citizens
10.2.1.3 Use case 3: Voter identification
TABLE 152 MARKET, BY GOVERNMENT VERTICAL TYPE, 2018–2021 (USD MILLION)
TABLE 153 MARKET, BY GOVERNMENT VERTICAL TYPE, 2022–2027 (USD MILLION)
TABLE 154 MARKET FOR GOVERNMENT VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 155 MARKET FOR GOVERNMENT VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 156 MARKET FOR GOVERNMENT VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 157 MARKET FOR GOVERNMENT VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 158 MARKET FOR GOVERNMENT VERTICAL, BY TYPE, 2018–2021 (USD MILLION)
TABLE 159 MARKET FOR GOVERNMENT VERTICAL, BY TYPE, 2022–2027 (USD MILLION)
TABLE 160 MARKET FOR GOVERNMENT VERTICAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 161 MARKET FOR GOVERNMENT VERTICAL, BY REGION, 2022–2027 (USD MILLION)
10.3 MILITARY & DEFENSE
10.3.1 RISING IMPLEMENTATION OF BIOMETRICS IN MILITARY & DEFENSE SECTOR ENSURES ENHANCED SECURITY
10.3.1.1 Use Case: Soaring need for secure solutions at different check posts
TABLE 162 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR MILITARY & DEFENSE VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 163 SINGLE-FACTOR AUTHENTICATION MARKET FOR MILITARY & DEFENSE VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 164 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR MILITARY & DEFENSE VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 165 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR MILITARY & DEFENSE VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 166 BIOMETRIC SYSTEM MARKET FOR MILITARY & DEFENSE VERTICAL, BY TYPE, 2018–2021 (USD MILLION)
TABLE 167 BIOMETRIC SYSTEM MARKET FOR MILITARY & DEFENSE VERTICAL, BY TYPE, 2022–2027 (USD MILLION)
TABLE 168 BIOMETRIC SYSTEM MARKET FOR MILITARY & DEFENSE VERTICAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 169 BIOMETRIC SYSTEM MARKET FOR MILITARY & DEFENSE VERTICAL, BY REGION, 2022–2027 (USD MILLION)
10.4 HEALTHCARE
10.4.1 SOARING NEED TO BRING EFFICIENCY IN CLINICAL PROCESSES AND IMPROVE DIAGNOSIS AND TREATMENT BOOSTS ADOPTION OF BIOMETRICS IN HEALTHCARE
10.4.1.1 Use case: Securing patient’s personal information
TABLE 170 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR HEALTHCARE VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 171 SINGLE-FACTOR AUTHENTICATION MARKET FOR HEALTHCARE VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 172 MULTI-FACTOR AUTHENTICATION MARKET FOR HEALTHCARE VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 173 MULTI-FACTOR AUTHENTICATION MARKET FOR HEALTHCARE VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 174 BIOMETRIC SYSTEM MARKET FOR HEALTHCARE VERTICAL, BY TYPE, 2018–2021 (USD MILLION)
TABLE 175 BIOMETRIC SYSTEM MARKET FOR HEALTHCARE VERTICAL, BY TYPE, 2022–2027 (USD MILLION)
TABLE 176 BIOMETRIC SYSTEM MARKET FOR HEALTHCARE VERTICAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 177 BIOMETRIC SYSTEM MARKET FOR HEALTHCARE VERTICAL, BY REGION, 2022–2027 (USD MILLION)
10.5 BANKING & FINANCE
10.5.1 GROWING FOCUS ON PROVIDING EASY ACCESS TO FINANCIAL SERVICES DRIVES ADOPTION OF BIOMETRIC SYSTEMS IN BANKING & FINANCE SECTOR
10.5.1.1 Use Case: Rising need for contactless payment technologies by BFSI sector
TABLE 178 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR BANKING & FINANCE VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 179 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR BANKING & FINANCE VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 180 MULTI-FACTOR AUTHENTICATION MARKET FOR BANKING & FINANCE VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 181 MULTI-FACTOR AUTHENTICATION MARKET FOR BANKING & FINANCE VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 182 MARKET FOR BANKING & FINANCE VERTICAL, BY TYPE, 2018–2021 (USD MILLION)
TABLE 183 MARKET FOR BANKING & FINANCE VERTICAL, BY TYPE, 2022–2027 (USD MILLION)
TABLE 184 MARKET FOR BANKING & FINANCE VERTICAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 185 MARKET FOR BANKING & FINANCE VERTICAL, BY REGION, 2022–2027 (USD MILLION)
10.6 CONSUMER ELECTRONICS
10.6.1 SURGING ADOPTION OF BIOMETRICS IN CONSUMER ELECTRONICS TO SAFEGUARD CRITICAL INFORMATION AND AVOID RISKS OF THEFT AND FRAUD
10.6.1.1 Use Case: Rising need for passwordless authentication algorithms
TABLE 186 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 187 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 188 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 189 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 190 MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY TYPE, 2018–2021 (USD MILLION)
TABLE 191 MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY TYPE, 2022–2027 (USD MILLION)
TABLE 192 MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 193 MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY REGION, 2022–2027 (USD MILLION)
10.7 TRAVEL & IMMIGRATION
10.7.1 GROWING SECURITY CONCERNS OF VARIOUS NATIONS TO DRIVE ADOPTION OF BIOMETRIC SYSTEMS IN TRAVEL & IMMIGRATION SECTOR
10.7.1.1 Use Case: Biometric solutions at travel and immigration facilities
TABLE 194 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 195 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 196 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 197 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 198 BIOMETRIC SYSTEM MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY TYPE, 2018–2021 (USD MILLION)
TABLE 199 MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY TYPE, 2022–2027 (USD MILLION)
TABLE 200 MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 201 MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY REGION, 2022–2027 (USD MILLION)
10.8 AUTOMOTIVE
10.8.1 RISING FOCUS ON IMPROVING VEHICLE SAFETY AND PROTECTING THEM FROM THEFT SPURS DEMAND FOR BIOMETRICS IN AUTOMOTIVE SECTOR
10.8.1.1 Use Case: Tailored biometric solutions for enhancing customization, safety, and convenience for drivers
TABLE 202 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR AUTOMOTIVE VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 203 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR AUTOMOTIVE VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 204 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR AUTOMOTIVE VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 205 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR AUTOMOTIVE VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 206 MARKET FOR AUTOMOTIVE VERTICAL, BY TYPE, 2018–2021 (USD MILLION)
TABLE 207 MARKET FOR AUTOMOTIVE VERTICAL, BY TYPE, 2022–2027 (USD MILLION)
TABLE 208 MARKET FOR AUTOMOTIVE VERTICAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 209 MARKET FOR AUTOMOTIVE VERTICAL, BY REGION, 2022–2027 (USD MILLION)
10.9 SECURITY
TABLE 210 BIOMETRIC SYSTEM MARKET, BY SECURITY VERTICAL TYPE, 2018–2021 (USD MILLION),
TABLE 211 BIOMETRIC SYSTEM MARKET, BY SECURITY VERTICAL TYPE, 2022–2027 (USD MILLION)
TABLE 212 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR SECURITY VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 213 SINGLE-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR SECURITY VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 214 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR SECURITY VERTICAL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 215 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR SECURITY VERTICAL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 216 MARKET FOR SECURITY VERTICAL, BY TYPE, 2018–2021 (USD MILLION)
TABLE 217 MARKET FOR SECURITY VERTICAL, BY TYPE, 2022–2027 (USD MILLION)
TABLE 218 BIOMETRIC SYSTEM MARKET FOR SECURITY VERTICAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 219 MARKET FOR SECURITY VERTICAL, BY REGION, 2022–2027 (USD MILLION)
10.9.1 HOME SECURITY
10.9.1.1 Increasing deployment of IoT and wireless technologies in residential sector creates requirement for biometrics to ensure enhanced security
10.9.2 COMMERCIAL SECURITY
10.9.2.1 Rising security concerns among enterprises drive adoption of biometric systems in commercial security applications
10.10 OTHERS
10.10.1 USE CASE: CONTACTLESS PAYMENT PROCESSING IN BRICK-AND-MORTAR STORES IS NEW NORMAL FOR BANKING SECTOR
TABLE 220 SINGLE-FACTOR AUTHENTICATION MARKET FOR OTHER VERTICALS, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 221 SINGLE-FACTOR AUTHENTICATION MARKET FOR OTHER VERTICALS, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 222 MULTI-FACTOR AUTHENTICATION MARKET FOR OTHER VERTICALS, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 223 MULTI-FACTOR AUTHENTICATION BIOMETRIC SYSTEM MARKET FOR OTHER VERTICALS, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 224 MARKET FOR OTHER VERTICALS, BY TYPE, 2018–2021 (USD MILLION)
TABLE 225 MARKET FOR OTHER VERTICALS, BY TYPE, 2022–2027 (USD MILLION)
TABLE 226 MARKET FOR OTHER VERTICALS, BY REGION, 2018–2021 (USD MILLION)
TABLE 227 MARKET FOR OTHER VERTICALS, BY REGION, 2022–2027 (USD MILLION)
11 GEOGRAPHIC ANALYSIS (Page No. - 232)
11.1 INTRODUCTION
FIGURE 38 MARKET IN INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 228 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 229 MARKET, BY REGION, 2022–2027 (USD MILLION)
11.2 NORTH AMERICA
FIGURE 39 NORTH AMERICA: SNAPSHOT OF BIOMETRIC SYSTEM MARKET
TABLE 230 MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 231 MARKET IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)
11.2.1 US
11.2.1.1 Growing military spending toward modernized infrastructure
11.2.2 CANADA
11.2.2.1 Rising immigrants in country for education and work purposes
11.2.3 MEXICO
11.2.3.1 Increasing smart city projects in country owing to rapid digitalization
11.3 EUROPE
FIGURE 40 EUROPE: SNAPSHOT OF BIOMETRIC SYSTEM MARKET
TABLE 232 MARKET IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 233 MARKET IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 Increasing use of biometrics in automobiles for securing digital identity
11.3.2 UK
11.3.2.1 Rising demand for connected equipment from healthcare sector
11.3.3 FRANCE
11.3.3.1 Continuous efforts to facilitate healthcare sector with modernized equipment
11.3.4 ITALY
11.3.4.1 Rapid deployment of biometrics in airports and borders
11.3.5 SPAIN
11.3.5.1 Growing travel & tourism sector
11.3.6 REST OF EUROPE
11.4 APAC
FIGURE 41 APAC: SNAPSHOT OF BIOMETRIC SYSTEM MARKET
TABLE 234 MARKET IN APAC, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 235 MARKET IN APAC, BY COUNTRY, 2022–2027 (USD MILLION)
11.4.1 CHINA
11.4.1.1 Rising government initiatives for national security
11.4.2 JAPAN
11.4.2.1 Dominance of Japan in automotive manufacturing
11.4.3 INDIA
11.4.3.1 Growing deployment of biometrics by online payment services
11.4.4 SOUTH KOREA
11.4.4.1 Increasing presence of consumer electronics manufacturers
11.4.5 AUSTRALIA
11.4.5.1 Surging deployment of biometrics in educational facilities
11.4.6 REST OF APAC
11.5 ROW
FIGURE 42 ROW: SNAPSHOT OF BIOMETRIC SYSTEM MARKET
TABLE 236 MARKET IN ROW, BY REGION, 2018–2021 (USD MILLION)
TABLE 237 MARKET IN ROW, BY REGION, 2022–2027 (USD MILLION)
11.5.1 SOUTH AMERICA
11.5.1.1 Rapid adoption of biometrics in country’s dominant sectors
11.5.2 MIDDLE EAST & AFRICA
11.5.2.1 Rising government interest toward automated technologies for national security
12 COMPETITIVE LANDSCAPE (Page No. - 249)
12.1 OVERVIEW
12.2 3-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS
FIGURE 43 REVENUE SHARE OF TOP 5 BIOMETRIC COMPANIES (2018–2020)
12.3 KEY STRATEGIES/RIGHT TO WIN
FIGURE 44 KEY STRATEGIES/RIGHT TO WIN
12.4 MARKET SHARE ANALYSIS (2020)
TABLE 238 BIOMETRIC SYSTE MARKET: MARKET SHARE ANALYSIS
12.5 COMPANY EVALUATION QUADRANT, 2020
12.5.1 STAR
12.5.2 PERVASIVE
12.5.3 EMERGING LEADER
12.5.4 PARTICIPANT
FIGURE 45 BIOMETRIC SYSTEM MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2020
12.6 SMALL AND MEDIUM ENTERPRISE (SME) EVALUATION QUADRANT, 2020
12.6.1 PROGRESSIVE COMPANY
12.6.2 RESPONSIVE COMPANY
12.6.3 DYNAMIC COMPANY
12.6.4 STARTING BLOCK
FIGURE 46 MARKET (GLOBAL): STARTUPS/SME EVALUATION QUADRANT, 2020
TABLE 239 MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 240 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES
TABLE 241 BIOMETRIC SYSTEM MARKET: COMPANY FOOTPRINT
TABLE 242 COMPANY PRODUCT FOOTPRINT
TABLE 243 COMPANY VERTICAL FOOTPRINT
TABLE 244 COMPANY REGION FOOTPRINT
12.7 COMPETITIVE SCENARIO
TABLE 245 MARKET: PRODUCT LAUNCHES AND DEVELOPMENTS, SEPTEMBER 2019 TO OCTOBER 2021
TABLE 246 MARKET: DEALS, SEPTEMBER 2020 TO OCTOBER 2021
13 COMPANY PROFILES (Page No. - 265)
(Business Overview, Products/solutions/services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 KEY PLAYERS
13.1.1 THALES GROUP
TABLE 247 THALES GROUP: BUSINESS OVERVIEW
FIGURE 47 THALES GROUP: COMPANY SNAPSHOT
13.1.2 IDEMIA (SAFRAN)
TABLE 248 IDEMIA: BUSINESS OVERVIEW
FIGURE 48 SAFRAN (PARENT COMPANY): COMPANY SNAPSHOT
13.1.3 NEC CORPORATION
TABLE 249 NEC CORPORATION: BUSINESS OVERVIEW
FIGURE 49 NEC CORPORATION: COMPANY SNAPSHOT
13.1.4 ASSA ABLOY
TABLE 250 ASSA ABLOY: BUSINESS OVERVIEW
FIGURE 50 ASSA ABLOY: COMPANY SNAPSHOT
13.1.5 FUJITSU
TABLE 251 FUJITSU: BUSINESS OVERVIEW
FIGURE 51 FUJITSU: COMPANY SNAPSHOT
13.1.6 PRECISE BIOMETRICS
TABLE 252 PRECISE BIOMETRICS: BUSINESS OVERVIEW
FIGURE 52 PRECISE BIOMETRICS: COMPANY SNAPSHOT
13.1.7 SECUNET SECURITY NETWORKS AG
TABLE 253 SECUNET SECURITY NETWORKS AG: BUSINESS OVERVIEW
13.1.8 STANLEY BLACK & DECKER, INC
TABLE 254 STANLEY BLACK & DECKER, INC: BUSINESS OVERVIEW
FIGURE 53 STANLEY BLACK & DECKER, INC.: COMPANY SNAPSHOT
13.1.9 AWARE, INC
TABLE 255 AWARE, INC: BUSINESS OVERVIEW
FIGURE 54 AWARE, INC.: COMPANY SNAPSHOT
13.1.10 COGNITEC SYSTEMS GMBH
TABLE 256 COGNITEC SYSTEMS GMBH: BUSINESS OVERVIEW
13.2 OTHER KEY PLAYERS
13.2.1 DAON, INC.
13.2.2 DERMALOG IDENTIFICATIONS SYSTEMS GMBH
13.2.3 NEUROTECHNOLOGY
13.2.4 INNOVATRICS
13.2.5 VERIDOS GMBH
13.2.6 ZETES
13.2.7 JUMIO
13.2.8 ONFIDO
13.2.9 IPROOV
13.2.10 FACETEC, INC.
13.2.11 ID R&D, INC
13.2.12 MEGVII (BEIJING KUANGSHI TECHNOLOGY CO. LTD)
13.2.13 SENSETIME
13.2.14 FACEBANX
13.2.15 DAVID LINK MANILA CORPORATION
13.2.16 BIO-KEY INTERNATIONAL
13.2.17 SECURIPORT
13.2.18 M2SYS TECHNOLOGY
13.2.19 SUPREMA
13.2.20 FULCRUM BIOMETRICS, INC
13.2.21 ONESPAN
13.2.22 QUALCOMM
13.2.23 INTEGRATED BIOMETRICS
13.2.24 LEIDOS
13.2.25 IMAGEWARE
13.2.26 PAPILLON SYSTEMS
13.2.27 SONDA
13.2.28 NUANCE COMMUNICATIONS, INC
*Details on Business Overview, Products/solutions/services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 APPENDIX (Page No. - 315)
14.1 DISCUSSION GUIDE
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14.4 RELATED REPORTS
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The study involved four major activities in estimating the current size of the global biometric system market. Exhaustive secondary research has been done to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.
Secondary Research
The secondary sources referred to for this research study include company websites, magazines, industry news, associations, and databases (OneSource, Factiva, and Bloomberg), Global System for Mobile Communications Association (GSMA), Multidisciplinary Digital Publishing Institute (MDPI), FCC, Institute of Electrical and Electronics Engineers (IEEE), and Stockholm International Peace Research Institute (SIPRI), Association of European Science & Technology Transfer Professionals, and corporate filings (such as annual reports, investor presentations, and financial statements). Secondary data has been collected and analyzed to arrive at the overall market size, further validated by primary research.
Primary Research
Extensive primary research has been conducted after acquiring an understanding of the biometric system market scenario through secondary research. Several primary interviews have been conducted with market experts from both the demand-and supply-side players across four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (the Middle East & Africa and South America). Approximately 30% and 70% of primary interviews have been conducted from the demand and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in our report.
After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The top-down and bottom-up approaches have been used to estimate and validate the overall size of the biometric system market. These methods have also been used extensively to estimate the size of various market subsegments.
The research methodology used to estimate the market size by top-down approach includes the following:
- Identifying total shipments of biometric systems aggregated from various primary and secondary sources. Total shipments for each biometric system are calculated from secondary sources as well as insights from primary experts.
- The average selling price of each product is calculated based on historical data collected from various secondary and primary sources.
- Shipments of individual products are then multiplied with their corresponding ASPs to arrive at the total revenue generated from the sale of biometric systems.
- Along with this, the parent market size is determined to arrive at the deployment of biometric systems by different end users. For instance, military warfare equipment revenues are considered to arrive at a ballpark figure for the military & defense segment and satellite communication equipment market size to guesstimate biometric systems adoption in the space & communication segment. The bottom-up approach is implemented for the data extracted from the secondary research to validate the market size obtained.
- Estimation of geographic splits using secondary sources, based on various factors such as the number of players in a specific country and region, deployment rate, and products offered across various applications in end-user industries
The research methodology used to estimate the market size by bottom-up approach includes the following:
- Identifying verticals that are either using or are expected to use biometric products and solutions, along with related software and services.
- Tracking leading biometric companies and system integrators operating across various verticals.
- Deriving the size of the biometric system market through the data sanity method; analyzing revenues of more than 25 key providers through their annual reports and press releases and summing them up to estimate the overall market size.
- Understanding and analyzing Y-o-Y projections to derive the projected market values of each technology; initially, the Y-o-Y projections showed a low growth till the fiscal year 2020. However, with the unfolding of the impact of the COVID-19, the biometric system market growth witnessed a slight downfall in 2020, but it is expected to recover by 2021/2022. The market is expected to witness a sharp ascent in growth, thereafter, considering the surging demand for biometric systems from different verticals.
- Carrying out the market trend analysis to obtain the CAGR of the biometric system market by understanding the penetration rate and analyzing demand and supply of biometric systems products and solutions in different verticals.
- Assigning a percentage to the overall revenue or, in a few cases, to segmental revenues of each company to derive their revenues from the sales of biometric products and solutions. This percentage for each company has been assigned based on their product portfolios and the range of their biometric system offerings.
- Verifying and crosschecking estimates at every level through discussions with the key opinion leaders, including CXOs, directors, and operation managers, and with domain experts at MarketsandMarkets.
- Studying various paid and unpaid information sources such as annual reports, press releases, white papers, and databases.
- Tracking the ongoing and upcoming biometric systems implementation projects by biometric companies and forecasting the market size based on these developments and other critical parameters.
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides, for consumer electronics, telecommunications & data center, automotive, commercial, industrial and others.
Report Objectives
- To describe and forecast the biometric system market, in terms of value, by authentication type, by offering, by type, by mobility, and vertical.
- To describe and forecast the market, in terms of value, by region—North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW)
- To provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
- To strategically analyze micro markets with regard to individual growth trends, prospects, and contributions to the total market
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
- To analyze strategic approaches such as product launches, contracts, agreements, and partnerships in the biometric system market.
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
Detailed analysis and profiling of additional market players
Generating Response ...
Growth opportunities and latent adjacency in Biometric System Market
I would like to understand the overall market scenario of biometric system market
With the inclusion of biometric authentication across various applications, there are various key revenue pockets that are emerging to further expand the biometric industry. Foe instance, biometric identification as a service is significantly growing with the inclusion of more smart devices and cloud based intelligence platform. Does the scope of the report covers biometric as a service market and further break it down with respect to the applications?
Does this report provide detail analysis of India market including the usage of Indian data base to incorporate various applications and software
"Software play a significant role in ensuring the interoperability and compatibility of biometric devices, particularly with feasibility to integrate add-on features in existing hardware by updating the software. So depending upon the usage with respect to different authentication technologies and applications we may further classify the software segment. I would like to understand wheather this report include different types of software used in biometric solutions an the market sizing for the same?"
Doe this report covers industry specific competitive analysis
Although the market of biometric system is huge, it still projected to grow significantly as there is continuous shift towards implementing stringent security methods that replaces traditional identification methods with biometrics. At the same time, market can be distinguish on the basis of various parameters such as various modalities, applications, and offering. I would like to understand, how does this report help in launching a new business in biometric space by identifying most attractive hotbets.
Biometric authentication solution has tremendous demand in APAC. Growing adoption is largely attributed to increasing use cases, such as implementing facial recognition cameras and growing number of airports with biometric security chechpoints, in China for public safety. So, I would like to understnd the market in China for biometric solutions and how we can cater to it? Further, what are some of the hot bets in China where we can expand our business?
I would like to understand the scope of the report
Government agencies across the globe are increasingly using social media as a primary communication channel from communicating crisis to policy changes. For instance, US Department of State using YouTube to share press briefings or updating the citizens about a new regulation. Social media has made communication between citizens and government much easier. The government worldwide follows measures for data privacy such as high-tech encryption and multi-layered authentication. However, there are no stringent rules that prevent officials at government agencies from publishing the sensitive information online or data misuse. Does the report include data breaches and potential abuse of biometrics databases crossed against social media accounts by certain governments?
Does this report covers in-depth analysis of companies involved in the biometric space along with detailed segmentation with respect to technology and application
Software plays a significant role in ensuring interoperability and compatibility of biometric devices, particulary in terms of the feasibility to integrate add-on features in existing hardware by updating the software. So, depending upon usage, with respect to different authentication technologies and applications, we may further classify the software segment. I would like to understand whether this report includes different types of software used in bioetric solutions and the market sizing for the same.
How does this report cover market for IT / ITES / BPO segment to position 2 Factor Authentication, Server Access Management and Single Sign-ON using biometric
I would like to understand the commercial drivers and challenges associated with biometric system.
I would like to understand the adoption of smart locks and biometrics in the space
With the inclusion of biometric authentication across various applications, there are various key revenue pockets that are emerging in the biometric space. For instance, biometric identification as a service is witnessing significanlt growth, with the inclusion of more smart devices and cloud-based intelligence platform. Does the scope of the report cover bioetric as a service market? Also, can it further be broken down with respect to applications?
What´s difference of "Single User License" and "Corporate License"?
Does the report include biometric system market for Middle East and Pakistan
Government agencies across the globe are increasingly using social media as a primary communication channel—from communicating crisis to policy changes. For instance, the US Department of State using YouTube to share press briefings or updating the citizens about a new regulation. Social media has made communication between citizens and government much easier. The government worldwide follows measures for data privacy, such as hi-tech encryption and multi-layered authentication. However, there are no stringent rules that prevent data misuse or officials at government agencies from publishing sensitive information online. Does the report inculde data breaches and potential abuse of biometrics databases against social media accounts by certain governments?
I would like to understand the market trends in biometric industry
The market for biometric systems is huge and the continuous shift toward implementing strigent security methods to replace traditional identifoication methods with biometrics is expected to further propel the market. The market can be distinguished by parameters such as various modalities, applications, and offering. I would like to understand, how does this report help in launching a new business in the biometrics space by identifying most attractive hotbets?
Does this report provide specifics about next generation biometric
I would like to understand the distinction of market based on single factor authentication
Biometric authentication solution has a tremendous demand in APAC countries. Growing adoption is largely attributed to the increasing use cases in China for public safety such as implementing facial recognition cameras and growing number of airports with biometric security checkpoints. So, I would like to understand the market in China for biometric solutions and how we can cater to it. Further, what are some of the hot bets in China where we can expand our business.
I would like to understand the used cases of biometric solutions for law and enforcement