Biometric System Market with COVID-19 Impact by Authentication Type (Single-Factor: Fingerprint, Iris, Face, Voice; Multi-Factor), Offering (Hardware, Software), Type (Contact-based, Contactless, Hybrid), Vertical, and Region - Global Forecast to 2025
[211 Pages Report] The Biometric system market size is projected to grow USD 36.6 billion in 2020 to USD 68.6 billion by 2025; it is estimated to grow at a CAGR of 13.4% during the forecast period. increasing use of biometrics in consumer electronic devices for authentication and identification purposes, the growing need for surveillance and security with the heightened threat of terrorist attacks, and the surging adoption of biometric technology in automotive applications are the major factor propelling the growth of the biometric system market.
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COVID-19 Impact on the Biometric System Market
The coronavirus will have an impact on the global supply of biometric systems, which will largely depend on how the situation globally stabilizes and by when the factories start operating in full capacity. The demand for contact-based biometric systems has been affected the most due to the outbreak of the COVID-19 pandemic. Even after the pandemic recedes, the demand for contact-based biometric systems is likely to fall drastically to avoid coronavirus spread. Similarly, contactless biometric systems, such as face recognition, iris recognition, and voice recognition, are expected to witness a boost in demand during post-COVID-19.
Biometric System Market Dynamics
Driver: Increasing use of biometric technology in enterprises to ensure improved convenience, secure identity management, and superior human resource management
Biometric systems are considered to be more quick, convenient, and secure solutions compared to traditional security systems that rely on passwords, PINs, or smart cards. These systems have aided in overcoming key security challenges such as international terrorism, organized crime, and illegal migration associated with identity theft and document fraud. Additionally, biometric systems are easy to install and do not require highly skilled expertise to make them operational.
Restraints: High deployment cost
Cost is an essential factor to be considered while selecting and deploying a biometric system. For instance, high-security applications require multi-factor authentication, while low-security applications require single-factor biometric systems. The implementation cost of multi-factor biometric applications may increase with the type of sensor used in the device. High costs of components of biometric solutions, along with the high installation cost, hamper the demand for biometric technology from private and public firms.
Opportunities: Advancements in biometric identification technology
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 physiological and behavioral traits of human beings and analyses of the related data for biometric authentication. To enhance behavioral biometrics, machine learning and artificial intelligence technologies are bringing new possibilities to identify any unusual behavior intelligently and automatically and provide an additional layer of authentication, if necessary.
Challenges: Data security concerns and lack of technical know-how
Many people hesitate using biometrics technologies due to hygiene issues and less knowledge about the system. Insufficient knowledge about the functioning of biometric systems and the risk of data breach creates a certain level of anxiety, influencing the acceptance and adoption of biometric systems among users. The lack of cooperation or even resistance to using these systems can affect a biometrics systems accuracy and subsequent adoption. The lack of technical know-how and awareness among the people are considered to be major challenges for the implementation of biometric systems.
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Single-factor authentication to lead the biometric system market during the forecast period
Single-factor authentication accounted for a larger market share in 2019, and a similar trend is likely to be observed in the coming years owing to the convenience, cost-effectiveness, and fast responsiveness of the single-factor authentication technique. In this authentication type, biometric technologies such as fingerprint, face, and iris recognition are used prominently. The single-factor authentication method is mainly used in government, travel and immigration, and banking applications. Significant adoption of facial and fingerprint recognition solutions in consumer electronics has spurred the demand for single-factor authentication-based biometric systems.
Hybrid biometric system market is expected to be the fastest-growing segment during the forecast period
The highest CAGR of hybrid biometric systems is attributed to the increasing adoption of efficient and reliable biometrics. Multimodal biometric solutions offer enhanced safety against spoofing or forgery through multi-level authentication. In addition, many countries, such as the US, India, and the UK, have adopted multimodal authentication systems (a combination of two or three biometric modalities, using contact-based or contactless systems) for security checkpoints at country borders due to the heightened threat of terrorist attacks.
Software offering is expected to be the fastest-growing market for biometric system market during the forecast period
Software play a significant role in ensuring the interoperability and compatibility of biometric devices. The adoption of cloud-based services and AI for biometric devices is expected to boost the requirement for associated software to ensure the compatibility of devices and operating systems for different applications. It is feasible for customers to integrate add-on features in existing hardware by updating the software. Software in biometrics systems complement the function of hardware by storing and recalling spatial data; they also allow live data streaming.
APAC to lead biometric system market during the forecast period
APAC is expected to provide lucrative growth opportunities to the players in the biometric system market in the next few years, owing to the rapid economic growth in major countries of this region. China, Japan, India, and South Korea are the key countries in APAC. The growth of 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 cost of devices based on these technologies. Moreover, these countries have taken numerous initiatives for the protection of their citizens. In Japan and China, biometric security systems have been deployed at airports, banks, ATMs, government institutes, and other public places.
Key market players
In 2019, Thales (France, www.thalesgroup.com), Safran (France, www.safran-group.com) , NEC (Japan, www.nec.com), ASSA ABLOY (Sweden, www.assaabloy.com), and Fujitsu (Japan, www.assaabloy.com) dominated the global biometric system market.
Report Scope:
|
Report Metric |
Details |
|
Years considered |
20202025 |
|
Base year |
2019 |
|
Forecast period |
20202025 |
|
Forecast value |
Value in USD |
|
Segments covered |
Authentication type and technology, type, offering, vertical, and geography |
|
Regions covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
Thales (France), Safran (France) , NEC (Japan), ASSA ABLOY (Sweden), Fujitsu (Japan), etc. |
In this report, the overall biometric system market has been segmented into authentication type and technology, offering, type, vertical, and regions.
By Authentication Type and Technology:
- Single-factor authentication
- Fingerprint recognition
- Iris recognition
- Palm recognition
- Face recognition
- Vein recognition
- Signature recognition
- Voice recognition
- Other types of recognition
- Multi-factor authentication
- Biometric Smart Card
- Biometric PIN
- Multimodal
By Type:
- Contact-based
- Contactless
- Hybrid
By Type:
- Hardware
- Software
By Vertical:
- Government
- Military & defense
- Healthcare
- Banking & finance
- Consumer electronics
- Security
- Travel & immigration
- Automotive
- Others verticals
By Region:
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of APAC
- RoW
- South America
- Middle East and Africa
Recent Developments
- In June 2019, Thales-owned Gemalto acquired Green Bit S.p.A., a provider of biometric scanners based in Italy, to enhance biometric capture capabilities. Green Bit was combined with Gemaltos Government business unit, improving the capabilities for fingerprint scanners and software solutions.
- In February 2019, Safran-owned IDEMIA partnered with Infineon (Germany) and pmdtechnologies (Germany) to provide an end-to-end 3D face recognition solution for OEMs and system integrators. This joint solution is optimized and ready to be incorporated into any device, such as smartphones, tablets, or PCs, to allow user authentication for unlocking and securing mobile payments.
- In May 2020, NEC developed a touchless, multimodal biometric authentication terminal with the world's highest level of precision. It has been ranked number one in identification technology benchmark tests conducted by the US National Institute of Standards and Technology (NIST).
Frequently Asked Questions (FAQ):
For which vertical, will biometric system have the highest demand in the near future?
Government vertical is expected to witness the highest demand for biometric system
Who are the top 5 players in the biometric system market?
Thales (France), Safran (France) , NEC (Japan), ASSA ABLOY (Sweden), and Fujitsu (Japan) are the top five players in the biometric system market
What would be the growth opportunities for manufacturers in various industries?
Rapid advancements in biometric identification technology are the major growth opportunities for the manufacturers of biometric system
What are the key industry trends in the market?
The rising demand for contactless biometrics and increasing application of biometric system in access control solutions
How can key players tap high-growth opportunities in the biometric system application market?
Product development, partnerships, and acquisitions are the major strategies the key players can use to tap high-growth opportunities in the biometric system market.
What will be the post-COVID-19 impact on the biometric system market?
The demand for contact-based biometric systems has been affected the most due to the outbreak of the COVID-19 pandemic. Even after the pandemic recedes, the demand for contact-based biometric systems is likely to fall drastically to avoid coronavirus spread. Similarly, contactless biometric systems, such as face recognition, iris recognition, and voice recognition, are expected to witness a boost in demand during post-COVID-19. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 27)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
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 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 32)
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 Major secondary sources
2.1.2.2 Secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.3 BOTTOM-UP AND TOP-DOWN APPROACHES
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Arriving at market size by adopting bottom-up approach (demand side)
FIGURE 3 BIOMETRIC SYSTEM MARKET: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Capturing market size by top-down approach (supply side)
FIGURE 4 MARKET: TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 41)
FIGURE 6 MULTI-FACTOR AUTHENTICATION TYPE TO REGISTER HIGHER CAGR IN BIOMETRIC SYSTEM MARKET DURING FORECAST PERIOD
FIGURE 7 HYBRID MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 8 MARKET FOR SOFTWARE OFFERINGS TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 9 GOVERNMENT VERTICAL TO HOLD LARGEST SIZE OF MARKET IN 2020
FIGURE 10 MARKET IN ROW TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 47)
4.1 ATTRACTIVE OPPORTUNITIES IN MARKET
FIGURE 11 INCREASING USE OF BIOMETRICS IN CONSUMER ELECTRONIC DEVICES TO BOOST MARKET GROWTH
4.2 BIOMETRIC SYSTEM MARKET, BY AUTHENTICATION TYPE
FIGURE 12 SINGLE-FACTOR AUTHENTICATION TO CONTINUE TO HOLD LARGER SIZE OF MARKET DURING FORECAST PERIOD
4.3 MARKET, BY TYPE
FIGURE 13 CONTACT-BASED BIOMETRIC SYSTEMS TO ACCOUNT FOR LARGEST MARKET SIZE IN 2020
4.4 MARKET, BY OFFERING
FIGURE 14 SOFTWARE OFFERINGS TO DOMINATE MARKET DURING FORECAST PERIOD
4.5 MARKET, BY VERTICAL
FIGURE 15 GOVERNMENT VERTICAL TO ACCOUNT FOR LARGEST SIZE OF MARKET IN 2025
4.6 MARKET, BY REGION
FIGURE 16 APAC TO CAPTURE LARGEST SIZE OF MARKET IN 2025
5 MARKET OVERVIEW (Page No. - 50)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
FIGURE 17 BIOMETRIC SYSTEM MARKET DRIVERS AND THEIR IMPACT
5.2.1.1 Increasing use of biometrics in consumer electronic devices for authentication and identification purposes
5.2.1.2 Rising number of government initiatives to adopt biometrics
5.2.1.3 Growing need for surveillance and security with heightened threat of terrorist attacks
TABLE 1 TOP 10 COUNTRIES WITH HIGHEST NUMBER OF TERROR ATTACKS AND FATALITIES, 2018
5.2.1.4 Surging adoption of biometric technology in automotive applications
5.2.1.5 Increasing use of biometric technology in enterprises to ensure improved convenience, secure identity management, and superior human resource management
5.2.2 RESTRAINTS
FIGURE 18 MARKET RESTRAINTS AND THEIR IMPACT
5.2.2.1 High deployment cost
5.2.3 OPPORTUNITIES
FIGURE 19 MARKET OPPORTUNITIES AND THEIR IMPACT
5.2.3.1 Advancements in biometric identification technology
5.2.3.2 Gradual implementation of mobile-based access control solutions
5.2.4 CHALLENGES
FIGURE 20 MARKET CHALLENGES AND THEIR IMPACT
5.2.4.1 Data security concerns and lack of technical know-how
6 INDUSTRY TRENDS (Page No. - 59)
6.1 HISTORICAL REVENUE ANALYSIS
TABLE 2 MARKET, BY AUTHENTICATION TYPE, 20162019 (USD BILLION)
6.2 VALUE CHAIN ANALYSIS
FIGURE 21 VALUE CHAIN: MARKET, 2019
6.3 BIOMETRIC SYSTEM ECOSYSTEM
FIGURE 22 ECOSYSTEM OF BIOMETRIC SYSTEMS
6.4 IMPACT OF COVID-19 ON MARKET
6.5 KEY USE CASES
6.5.1 BIOMETRIC-ENABLED BOARDING HAS BECOME POSSIBLE FOR UK PASSENGERS OWING TO JOINT EFFORTS OF EUROSTAR AND IPROOV
6.5.2 MULTI-BIOMETRIC ENTRY/EXIT PROGRAM IN UAE HAS ENABLED SEAMLESS CROSSINGS
6.5.3 CYBERLINK WILL DEPLOY FACE RECOGNITION SYSTEMS FOR TALMA IN LATIN AMERICA
6.5.4 AMAZON HAS INTRODUCED NEW CONTACTLESS PALM RECOGNITION SYSTEM CALLED AMAZON ONE
6.5.5 IDEMIA AND SOPRA STERIA WILL TOGETHER DEPLOY NEW SHARED BIOMETRIC MATCHING SYSTEM TO BOOST BORDER SECURITY IN EU
6.6 PATENT ANALYSIS
6.7 MAJOR NEXT-GENERATION BIOMETRIC TECHNOLOGIES
6.7.1 CLOUD-BASED BIOMETRIC SYSTEM
6.7.2 FINGER-VEIN RECOGNITION
6.7.3 3D FACE RECOGNITION
6.7.4 SENSOR INTEROPERABILITY
6.8 GOVERNMENT REGULATIONS REGARDING FAIR AND TRANSPARENT USE OF BIOMETRIC SYSTEMS
7 BIOMETRIC SYSTEM MARKET, BY AUTHENTICATION TYPE AND TECHNOLOGY (Page No. - 66)
7.1 INTRODUCTION
FIGURE 23 MARKET, BY AUTHENTICATION TYPE
FIGURE 24 MULTI-FACTOR AUTHENTICATION TYPE TO REGISTER HIGHER CAGR IN MARKET DURING FORECAST PERIOD
TABLE 3 MARKET, BY AUTHENTICATION TYPE, 20182025 (USD BILLION)
7.2 SINGLE-FACTOR AUTHENTICATION
7.2.1 SINGLE-FACTOR AUTHENTICATION INVOLVES USE OF FINGERPRINT RECOGNITION, FACE RECOGNITION, IRIS RECOGNITION, VOICE RECOGNITION, AND PALM RECOGNITION TECHNOLOGIES
TABLE 4 SINGLE-FACTOR AUTHENTICATION MARKET, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 5 SINGLE-FACTOR AUTHENTICATION MARKET, BY VERTICAL, 20182025 (USD BILLION)
TABLE 6 SINGLE-FACTOR MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD BILLION)
7.2.2 FINGERPRINT RECOGNITION
7.2.2.1 Fingerprint recognition is most prominent technology used in biometric systems
TABLE 7 FINGERPRINT RECOGNITION MARKET, BY VERTICAL, 20182025 (USD BILLION)
TABLE 8 FINGERPRINT RECOGNITION MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 9 FINGERPRINT RECOGNITION MARKET, BY REGION, 20182025 (USD BILLION)
TABLE 10 FINGERPRINT RECOGNITION MARKET, BY TYPE, 20182025 (USD BILLION)
7.2.2.2 AFIS
7.2.2.2.1 Growing demand from law enforcement agencies to propel market for AFIS
7.2.2.3 Non-AFIS
7.2.2.3.1 Increasing consumer awareness for biometrics to drive adoption of non-AFIS technology
7.2.3 IRIS RECOGNITION
7.2.3.1 Iris recognition technology is adopted mainly in government applications for identification and authentication
TABLE 11 IRIS RECOGNITION MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 12 IRIS RECOGNITION MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 13 IRIS RECOGNITION MARKET, BY REGION, 20182025 (USD MILLION)
7.2.4 PALM PRINT RECOGNITION
7.2.4.1 Increased level of accuracy and security offered by palm print recognition fosters market growth
TABLE 14 PALM PRINT RECOGNITION MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 15 PALM PRINT RECOGNITION MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 16 PALM RECOGNITION MARKET, BY REGION, 20182025 (USD MILLION)
7.2.5 FACE RECOGNITION
7.2.5.1 Escalated need for surveillance and elevated demand for video analytics boosting market for face recognition
TABLE 17 FACE RECOGNITION MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 18 FACE RECOGNITION MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 19 FACE RECOGNITION MARKET, BY REGION, 20182025 (USD BILLION)
7.2.6 VEIN RECOGNITION
7.2.6.1 Constant requirement for high security in banking and immigration applications fuels growth of vein recognition market
TABLE 20 VEIN RECOGNITION MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 21 VEIN RECOGNITION MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 22 VEIN RECOGNITION MARKET, BY REGION, 20182025 (USD MILLION)
7.2.7 SIGNATURE RECOGNITION
7.2.7.1 Non-invasive nature and better convenience of signature recognition to surge its adoption in near future
TABLE 23 SIGNATURE RECOGNITION MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 24 SIGNATURE RECOGNITION MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 25 SIGNATURE RECOGNITION MARKET, BY REGION, 20182025 (USD MILLION)
7.2.8 VOICE RECOGNITION
7.2.8.1 High accuracy of voice recognition through integration of AI to boost demand for voice recognition
TABLE 26 VOICE RECOGNITION MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 27 VOICE RECOGNITION MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 28 VOICE RECOGNITION MARKET, BY REGION, 20182025 (USD MILLION)
7.2.9 OTHERS
TABLE 29 OTHER MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 30 OTHER RECOGNITION TECHNOLOGIES MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 31 OTHER RECOGNITION TECHNOLOGIES MARKET, BY REGION, 20182025 (USD MILLION)
7.2.9.1 DNA recognition
7.2.9.1.1 DNA recognition is adopted in forensic sciences, healthcare, and criminal investigations
7.2.9.2 Keystroke recognition
7.2.9.2.1 Keystroke recognition is known as leading behavioral biometric technology
7.2.9.3 Gait recognition
7.2.9.3.1 Gait recognition is widely used for long-distance verification
7.2.9.4 Otoacoustic emissions
7.2.9.4.1 Otoacoustic emission is considered most innovative and emerging biometric technology
7.3 MULTI-FACTOR AUTHENTICATION
TABLE 32 BIOMETRIC SYSTEM MARKET FOR MULTI-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 33 MULTI-FACTOR AUTHENTICATION MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 34 MULTI-FACTOR AUTHENTICATION MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
7.3.1 BIOMETRIC SMART CARD
7.3.1.1 Biometric smart card method leads market for advanced secured authentication technologies
TABLE 35 BIOMETRIC SMART CARD MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 36 BIOMETRIC SMART CARD MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 37 BIOMETRIC SMART CARD MARKET, BY REGION, 20182025 (USD MILLION)
7.3.2 BIOMETRIC PIN
7.3.2.1 Biometric PIN is most common multi-factor authentication method
TABLE 38 BIOMETRIC PIN MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 39 BIOMETRIC PIN MARKET FOR SECURITY VERTICAL, BY TYPE, 20182025 (USD MILLION)
TABLE 40 BIOMETRIC PIN MARKET, BY REGION, 20182025 (USD MILLION)
7.3.3 MULTIMODAL
TABLE 41 MULTIMODAL MARKET, BY TYPE, 20182025 (USD MILLION)
TABLE 42 MULTIMODAL MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 43 MULTIMODAL MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
TABLE 44 MULTIMODAL MARKET, BY REGION, 20182025 (USD MILLION)
7.3.3.1 Two-factor authentication
7.3.3.1.1 Two-factor authentication to lead market for multimodal biometric system market during forecast period
7.3.3.2 Three-factor authentication
7.3.3.2.1 Growth of three-factor authentication biometric systems driven by their adoption in forensic laboratories and government applications
8 BIOMETRIC SYSTEM MARKET, BY OFFERING (Page No. - 94)
8.1 INTRODUCTION
FIGURE 25 MARKET, BY OFFERING
FIGURE 26 SOFTWARE SEGMENT TO EXHIBIT HIGHER CAGR IN MARKET DURING FORECAST PERIOD
TABLE 45 MARKET, BY OFFERING, 20182025 (USD BILLION)
8.2 HARDWARE
TABLE 46 MARKET FOR HARDWARE OFFERINGS, BY COMPONENT, 20182025 (USD BILLION)
8.2.1 FINGERPRINT READERS
8.2.1.1 Fingerprint readers to hold largest share of biometric system market for hardware segment
8.2.2 SCANNERS
8.2.2.1 Low failure rate of scanners in identifying and authenticating individuals boosts their demand
8.2.3 CAMERAS
8.2.3.1 High adoption of facial recognition technology-based biometric systems to create increased demand for cameras
8.2.4 OTHERS
8.3 SOFTWARE
8.3.1 SOFTWARE OFFERINGS TO WITNESS HIGHER CAGR IN MARKET DURING FORECAST PERIOD
9 BIOMETRIC SYSTEM MARKET, BY TYPE (Page No. - 99)
9.1 INTRODUCTION
FIGURE 27 MARKET, BY TYPE
FIGURE 28 CONTACT-BASED BIOMETRIC SYSTEMS TO HOLD LARGEST MARKET SIZE IN 2025
TABLE 47 BIOMETRICS MARKET, BY TYPE, 20182025 (USD BILLION)
9.2 CONTACT BASED
9.2.1 CONTACT-BASED BIOMETRIC SYSTEMS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 48 CONTACT-BASED MARKET FOR SINGLE-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 49 CONTACT-BASED MARKET, BY VERTICAL, 20182028 (USD MILLION)
TABLE 50 CONTACT-BASED MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
9.3 CONTACTLESS
9.3.1 CONTACTLESS BIOMETRIC SOLUTIONS ARE WIDELY USED FOR NON-TOUCH VERIFICATION
TABLE 51 CONTACTLESS MARKET, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 52 CONTACTLESS MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 53 CONTACTLESS MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
9.4 HYBRID
9.4.1 MARKET FOR HYBRID BIOMETRIC SOLUTIONS TO GROW AT HIGHEST RATE OWING TO HIGH SECURITY AND ACCURACY OFFERED BY THEM
TABLE 54 HYBRID MARKET, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 55 HYBRID MARKET, BY VERTICAL, 20182025 (USD MILLION)
TABLE 56 HYBRID MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD MILLION)
10 BIOMETRIC SYSTEM MARKET, BY VERTICAL (Page No. - 107)
10.1 INTRODUCTION
FIGURE 29 MARKET, BY VERTICAL
FIGURE 30 GOVERNMENT SEGMENT LIKELY TO HOLD LARGEST SIZE OF MARKET IN 2025
TABLE 57 MARKET, BY VERTICAL, 20182025 (USD BILLION)
10.2 GOVERNMENT
10.2.1 INCREASING GOVERNMENT INITIATIVES FOR PUBLIC SAFETY BOOST DEMAND FOR BIOMETRICS SOLUTIONS
TABLE 58 SINGLE-FACTOR AUTHENTICATION MARKET FOR GOVERNMENT VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 59 MULTI-FACTOR AUTHENTICATION MARKET FOR GOVERNMENT VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 60 MARKET FOR GOVERNMENT VERTICAL, BY REGION, 20182025 (USD BILLION)
10.3 MILITARY & DEFENSE
10.3.1 RISING IMPLEMENTATION OF BIOMETRICS IN MILITARY & DEFENSE SECTOR TO ENSURE ENHANCED SECURITY
TABLE 61 SINGLE-FACTOR AUTHENTICATION MARKET FOR MILITARY & DEFENSE VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 62 MULTI-FACTOR AUTHENTICATION MARKET FOR MILITARY & DEFENSE VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 63 MARKET FOR MILITARY & DEFENSE VERTICAL, BY REGION, 20182025 (USD BILLION)
10.4 HEALTHCARE
10.4.1 SURING NEED TO BRING EFFICIENCY IN CLINICAL PROCESSES AND IMPROVE DIAGNOSIS AND TREATMENT BOOSTS ADOPTION OF BIOMETRICS IN HEALTHCARE
TABLE 64 SINGLE-FACTOR AUTHENTICATION MARKET FOR HEALTHCARE VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 65 MULTI-FACTOR AUTHENTICATION MARKET FOR HEALTHCARE VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 66 MARKET FOR HEALTHCARE VERTICAL, BY REGION, 20182025 (USD BILLION)
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
TABLE 67 SINGLE-FACTOR AUTHENTICATION MARKET FOR BANKING & FINANCE VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 68 MULTI-FACTOR AUTHENTICATION MARKET FOR BANKING & FINANCE VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 69 BIOMETRIC SYSTEM MARKET FOR BANKING & FINANCE VERTICAL, BY REGION, 20182025 (USD BILLION)
10.6 CONSUMER ELECTRONICS
10.6.1 INCREASING ADOPTION OF BIOMETRICS IN CONSUMER ELECTRONICS TO SAFEGUARD CRITICAL INFORMATION AND AVOID RISKS OF THEFT AND FRAUD
TABLE 70 SINGLE-FACTOR AUTHENTICATION MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 71 MULTI-FACTOR AUTHENTICATION MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 72 MARKET FOR CONSUMER ELECTRONICS VERTICAL, BY REGION, 20182025 (USD BILLION)
10.7 TRAVEL & IMMIGRATION
10.7.1 INCREASING SECURITY CONCERNS OF VARIOUS NATIONS TO DRIVE ADOPTION OF BIOMETRIC SYSTEMS IN TRAVEL & IMMIGRATION SECTOR
TABLE 73 SINGLE-FACTOR AUTHENTICATION MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 74 MULTI-FACTOR AUTHENTICATION MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 75 MARKET FOR TRAVEL & IMMIGRATION VERTICAL, BY REGION, 20182025 (USD BILLION)
10.8 AUTOMOTIVE
10.8.1 RISING FOCUS ON IMPROVING VEHICLE SAFETY AND PROTECTING THEM FROM THEFT SPURS DEMAND FOR BIOMETRICS IN AUTOMOTIVE SECTOR
TABLE 76 SINGLE-FACTOR AUTHENTICATION MARKET FOR AUTOMOTIVE VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 77 MULTI-FACTOR AUTHENTICATION MARKET FOR AUTOMOTIVE VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 78 MARKET FOR AUTOMOTIVE VERTICAL, BY REGION, 20182025 (USD MILLION)
10.9 SECURITY
TABLE 79 MARKET FOR SECURITY VERTICAL, BY APPLICATION, 20182025 (USD BILLION)
TABLE 80 SINGLE-FACTOR AUTHENTICATION MARKET FOR SECURITY VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 81 MULTI-FACTOR AUTHENTICATION MARKET FOR SECURITY VERTICAL, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 82 MARKET FOR SECURITY VERTICAL, BY REGION, 20182025 (USD MILLION)
10.9.1 RESIDENTIAL SECURITY
10.9.1.1 Increasing deployment of IoT and wireless technologies in residential sector creates requirement for biometrics to ensure enhanced security
TABLE 83 SINGLE-FACTOR AUTHENTICATION MARKET FOR RESIDENTIAL SECURITY APPLICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 84 MULTI-FACTOR AUTHENTICATION MARKET FOR RESIDENTIAL SECURITY APPLICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 85 BIOMETRIC SYSTEM MARKET FOR RESIDENTIAL SECURITY APPLICATION, BY REGION, 20182025 (USD MILLION)
10.9.2 COMMERCIAL SECURITY
10.9.2.1 Rising security concerns among enterprises drive adoption of biometric systems in commercial security applications
TABLE 86 SINGLE-FACTOR AUTHENTICATION MARKET FOR COMMERCIAL SECURITY APPLICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 87 MULTI-FACTOR AUTHENTICATION MARKET FOR COMMERCIAL SECURITY APPLICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 88 MARKET FOR COMMERCIAL SECURITY APPLICATION, BY REGION, 20182025 (USD MILLION)
10.10 OTHERS (ENTERTAINMENT, SPORTS, INDUSTRIAL, AND UTILITY)
TABLE 89 SINGLE-FACTOR AUTHENTICATION MARKET FOR OTHER VERTICALS, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 90 MULTI-FACTOR AUTHENTICATION MARKET FOR OTHER VERTICALS, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 91 BIOMETRIC SYSTEM MARKET FOR OTHER VERTICALS, BY REGION, 20182025 (USD MILLION)
11 GEOGRAPHIC ANALYSIS (Page No. - 128)
11.1 INTRODUCTION
FIGURE 31 GEOGRAPHIC SNAPSHOT: CHINA AND INDIA WOULD BE POTENTIAL MARKETS IN APAC FOR BIOMETRIC SYSTEMS DURING FORECAST PERIOD
FIGURE 32 MARKET IN ROW TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 92 MARKET, BY REGION, 20182025 (USD BILLION)
TABLE 93 MARKET FOR SINGLE-FACTOR AUTHENTICATION, BY REGION, 20182025 (USD BILLION)
TABLE 94 MARKET FOR MULTI-FACTOR AUTHENTICATION, BY REGION, 20182025 (USD MILLION)
11.2 NORTH AMERICA
FIGURE 33 NORTH AMERICA: MARKET SNAPSHOT
TABLE 95 MARKET IN NORTH AMERICA, BY VERTICAL, 20182025 (USD MILLION)
TABLE 96 MARKET IN NORTH AMERICA FOR SINGLE-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 97 MARKET IN NORTH AMERICA FOR MULTI-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 98 MARKET IN NORTH AMERICA, BY COUNTRY, 20182025 (USD BILLION)
11.2.1 US
11.2.1.1 US accounts for largest share of biometric system market in North America
11.2.2 CANADA
11.2.2.1 Canada holds significant growth opportunities for market owing to high investments in biometric infrastructure
11.2.3 MEXICO
11.2.3.1 Mexican market growth is attributed to increasing government focus on brining political stability
11.3 EUROPE
FIGURE 34 EUROPE: MARKET SNAPSHOT
TABLE 99 MARKET IN EUROPE, BY VERTICAL, 20182025 (USD MILLION)
TABLE 100 MARKET IN EUROPE FOR SINGLE-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 101 MARKET IN EUROPE FOR MULTI-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 102 MARKET IN EUROPE, BY COUNTRY, 20182025 (USD BILLION)
11.3.1 GERMANY
11.3.1.1 Germany accounts largest share of European biometric system market
11.3.2 UK
11.3.2.1 Market in UK to grow with increasing government initiatives toward adoption of biometrics
11.3.3 FRANCE
11.3.3.1 Presence of biometric system manufacturers in country would propel market growth
11.3.4 ITALY
11.3.4.1 Market in Italy to grow at highest CAGR during forecast period
11.3.5 REST OF EUROPE
11.4 APAC
FIGURE 35 APAC: BIOMETRIC SYSTEM MARKET SNAPSHOT
TABLE 103 MARKET IN APAC, BY VERTICAL, 20182025 (USD MILLION)
TABLE 104 MARKET IN APAC FOR SINGLE-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 105 MARKET IN APAC FOR MULTI-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 106 MARKET IN APAC, BY COUNTRY, 20182025 (USD BILLION)
11.4.1 CHINA
11.4.1.1 China accounts for largest share of market in APAC
11.4.2 JAPAN
11.4.2.1 Existence of leading biometric companies to fuel market growth in Japan
11.4.3 SOUTH KOREA
11.4.3.1 Adoption of biometrics in consumer electronics would spur growth of market in South Korea
11.4.4 INDIA
11.4.4.1 Government initiatives to provide improved services to citizens would propel market growth in India
11.4.5 REST OF APAC
11.5 ROW
TABLE 107 MARKET IN ROW, BY VERTICAL, 20182025 (USD MILLION)
TABLE 108 MARKET IN ROW FOR SINGLE-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 109 MARKET IN ROW FOR MULTI-FACTOR AUTHENTICATION, BY TECHNOLOGY, 20182025 (USD MILLION)
TABLE 110 MARKET IN ROW, BY REGION, 20182025 (USD BILLION)
11.5.1 SOUTH AMERICA
11.5.1.1 Increasing demand for biometrics in government applications to accelerate market growth in South America
11.5.2 MIDDLE EAST & AFRICA
11.5.2.1 Growing investments in economic development to drive market in Middle East & Africa
12 COMPETITIVE LANDSCAPE (Page No. - 150)
12.1 OVERVIEW
FIGURE 36 KEY DEVELOPMENTS IN MARKET (20172020)
12.2 MARKET SHARE ANALYSIS: MARKET
FIGURE 37 MARKET SHARES OF PLAYERS IN MARKET, 2019
12.3 COMPANY EVALUATION MATRIX
12.3.1 STARS
12.3.2 EMERGING LEADERS
12.3.3 PERVASIVE PLAYERS
12.3.4 PARTICIPANTS
FIGURE 38 BIOMETRIC SYSTEM MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2019
12.4 STARTUP/SME EVALUATION MATRIX, 2019
12.4.1 PROGRESSIVE COMPANIES
12.4.2 RESPONSIVE COMPANIES
12.4.3 DYNAMIC COMPANIES
12.4.4 STARTING BLOCKS
FIGURE 39 MARKET: STARTUP/SME EVALUATION MATRIX, 2019
13 COMPANY PROFILES (Page No. - 157)
13.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
13.1.1 THALES GROUP
FIGURE 40 THALES GROUP: COMPANY SNAPSHOT
13.1.2 SAFRAN
FIGURE 41 SAFRAN: COMPANY SNAPSHOT
13.1.3 NEC
FIGURE 42 NEC: COMPANY SNAPSHOT
13.1.4 ASSA ABLOY
FIGURE 43 ASSA ABLOY: COMPANY SNAPSHOT
13.1.5 FUJITSU
FIGURE 44 FUJITSU: COMPANY SNAPSHOT
13.1.6 PRECISE BIOMETRICS
FIGURE 45 PRECISE BIOMETRICS: COMPANY SNAPSHOT
13.1.7 SECUNET SECURITY NETWORKS
FIGURE 46 SECUNET SECURITY NETWORKS: COMPANY SNAPSHOT
13.1.8 STANLEY BLACK & DECKER
FIGURE 47 STANLEY BLACK & DECKER: COMPANY SNAPSHOT
13.1.9 AWARE
FIGURE 48 AWARE: COMPANY SNAPSHOT
13.1.10 COGNITEC SYSTEMS
13.1.11 DAON
13.1.12 DERMALOG IDENTIFICATION SYSTEMS
13.1.13 NEUROTECHNOLOGY
13.1.14 INNOVATRICS
13.1.15 VERIDOS
13.1.16 ZETES INDUSTRIES
13.1.17 JUMIO
13.1.18 ONFIDO
13.1.19 IPROOV
13.1.20 FACETEC
13.1.21 ID R&D
13.1.22 MEGVII
13.1.23 SENSETIME
* Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
13.2 RIGHT TO WIN
13.3 OTHER PLAYERS
13.3.1 FACEBANX
13.3.2 BIO-KEY INTERNATIONAL
13.3.3 SECURIPORT
13.3.4 M2SYS TECHNOLOGY
13.3.5 SUPREMA HQ
13.3.6 FULCRUM BIOMETRICS
13.3.7 ONESPAN
13.3.8 QUALCOMM
13.3.9 INTEGRATED BIOMETRICS
14 APPENDIX (Page No. - 204)
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE BIOMETRIC SYSTEM MARKET
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
Four major activities have been conducted to estimate the size of the global biometric system market. Exhaustive secondary research has been conducted to collect information on the market. The findings, assumptions, and sizing have been validated with industry experts across the value chain through primary research. Both top-down and bottom-up approaches have been employed to estimate the overall market size. After that, the market breakdown and data triangulation techniques have been used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. Secondary sources such as corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers and biometric system-related journals and certified publications; articles of recognized authors; gold- and silver-standard websites; directories; and databases have been used to identify and collect information for an extensive technical and commercial study of the biometric system market.
Primary Research
In the primary research process, primary sources from both the supply and demand sides have been interviewed to obtain qualitative and quantitative information relevant to this report. Primary sources, such as experts from related industries and suppliers, have been interviewed to obtain and verify critical information and assess prospects. Key players in the biometric system market have been identified through secondary research, and their respective market rankings have been determined through primary and secondary research. This research included studying annual reports of top market players and interviewing key opinion leaders such as CEOs, directors, and marketing personnel.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches have been implemented, along with several data triangulation methods, to estimate and validate the size of the biometric system market and other dependent submarkets listed in this report.
- Key players in the industry and markets have been identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, have been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size, the total market has been split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Study Objectives:
- To define and describe the biometric system market, in terms of value, by authentication type and technology, type, offering, vertical, and geography
- To estimate and forecast the market size, in terms of value, of various segments with regard to four main regions-North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the market growth
- To analyze the micromarkets1 with regard to industry trends, prospects, and contributions to the total market
- To analyze key opportunities in the market for stakeholders by identifying high-growth segments of the biometric system market and providing details for the competitive landscape for market leaders
- To profile key players and comprehensively analyze their market position in terms of ranking and core competencies
- To study the complete value chain and allied industry segments and perform a value chain analysis of the biometric system landscape
- To analyze strategic developments such as acquisitions, partnerships, expansions, investments, product launches and developments, and research and development (R&D) activities in the biometric system market
Data Triangulation
MarketsandMarkets offers the following customizations for this market report:
- Additional country-level analysis of biometric system market
- Profiling of additional market players (upto 3)
- Country-level analysis of all the nine verticals
Get in-depth analysis of the COVID-19 impact on the Biometric System Market
Benchmarking the rapid strategy shifts of the Top 100 companies in the Biometric System Market
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- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
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Growth opportunities and latent adjacency in Biometric System Market
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?
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.
I would like to understand the commercial drivers and challenges associated with biometric system.
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?
Government agencies across the globe are increasingly using social media as a primary communication channelfrom 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?
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?
I would like to understand the used cases of biometric solutions for law and enforcement
I would like to understand the overall market scenario of biometric system market
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.
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 the report include biometric system market for Middle East and Pakistan
Does this report provide detail analysis of India market including the usage of Indian data base to incorporate various applications and software
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.
I would like to understand the market trends in biometric industry
"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?"
I would like to understand the scope of the report
Doe this report covers industry specific competitive analysis
I would like to understand the adoption of smart locks and biometrics in the space
I would like to understand the distinction of market based on single factor authentication
Does this report covers in-depth analysis of companies involved in the biometric space along with detailed segmentation with respect to technology and application
Does this report provide specifics about next generation biometric
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
What΄s difference of "Single User License" and "Corporate License"?
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?