Market By Type, End-users, Technology And Geography | Forecast 2019-2027
Triton Market Research predicts that the global market for biometrics would witness a CAGR of 19.87% over the forecast period 2019-2027. The market was assessed to be worth $15107.98 million in the year 2018 and is predicted to generate a revenue of approximately $73446.53 million by the year 2027.
Biometric devices capture both physiological and behavioural aspects of human beings. Biometrics is a technological development utilized for identifying individuals based on their behavioural or physical features. It also offers additional security to people and essential information. Biometrics is more secure & reliable compared to other authentication methods, such as passwords, physical devices, PINs and numeric codes. With the advancement in sensors, readers, hardware, pattern recognition and signal & image processing technologies, several biometric techniques including vein analysis, iris recognition, face recognition, hand geometry, palm print recognition, voice recognition, keystroke, foot recognition and signature are being developed to assist with the identification of individuals.
Triton Market Research’s report on the biometrics market provides an in-depth insight of the market. The detailed analysis of the market includes the key market insights, components of the biometric access system, vendor scorecard, industry components, Porter’s five force analysis and the market attractiveness index.
Factors such as favourable government initiatives, increased safety & security concerns, rise in identity threats & related costs and immense proliferation of smartphones & tablets with biometric capabilities are expected to foster the growth of the market during the forecast period. However, e-passports & government national ID programs have been influential in boosting the implementation of biometric solutions. Governments across the world have been using this technology for public identity, law enforcement, border control, employee identification, access control, attendance, etc. Some large-scale deployment of this technology includes UK Iris Recognition Immigration System (IRIS) project, India’s Aadhar project and the US Visitor and Immigration Status Indicator Technology (VISIT).
Furthermore, the thriving e-commerce industry, the introduction of multimodal biometric technology and rapid adoption by banking & financial service industries are expected to act as some opportunities for the market. E-commerce is an emerging area in technology where the security and validation of a user’s identity are crucial. The e-commerce segment uses a robust security mechanism in order to protect the privacy of information and personal details of people. Biometric technology plays a vital role in e-commerce through smart cards, keystroke identification, digital certificate, Kerberos authentication and others.
Though the market is progressing at a promising rate, several factors, such as the technical limitations associated with biometric technology, data security & privacy issues, high cost of technology and difficulties in integrating biometrics into existing software, are restricting the market growth. Though biometrics are implemented to tackle theft, security issues or misuses, biometric data poses a severe risk to individual privacy. Biometric data is digitally stored and is equally vulnerable to theft as any other form of digital data. The data is unique & permanent, and unlike passwords, it cannot be changed or replaced. Thus, if the data is compromised, it raises a serious issue for the life of the individual.
Key geographies covered in global biometrics market are:
• North America: United States, and Canada,
• Europe: United Kingdom, France, Germany, Spain, Italy, Russia and Rest of Europe,
• Asia-Pacific: China, Japan, India, Australia, South Korea, ASEAN Countries and Rest of Asia Pacific,
• Latin America: Brazil, Mexico, & Rest of Latin America,
• Middle East & Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa & Rest of Middle East & Africa
The segmentation analysis of the biometrics includes:
• Type has been sub-segmented into:
O Fixed
O Mobile
• End-Users has been sub-segmented into:
O Government
O Transportation
O BFSI
O Healthcare
O IT & Telecommunication
O Retail
O Other End-Users
• Technologies has been sub-segmented into:
O Fingerprint Recognition
O Iris Recognition
O Facial Recognition
O Hand Geometry
O Vein Analysis
O Voice Recognition
O DNA Analysis
O Gait
O EEG/ECG
O Other Technologies
The top companies that have been studied in the biometrics market are Aware Inc., BIO-key International Inc., Crossmatch Technologies Inc. (acquired by HID Global), Fingerprint Cards AB, Fujitsu Limited, Fulcrum Biometrics LLC, Gemalto N.V., HID Global Corporation, ImageWare Systems, Iris ID Systems Inc., M2SYS Technologies Inc., NEC Corporation, Nuance Communications Inc., IDEMIA FRANCE S.A.S., Precise Biometrics AB and Siemens AG. The strategic analysis for each of these companies in the global biometrics market has been covered in detail.
Market by Security Testing Typ ..
VIEW REPORT1.
GLOBAL BIOMETRICS MARKET - SUMMARY
2.
INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. COMPONENTS OF A BIOMETRIC ACCESS CONTROL
SYSTEM
2.2.1.
INPUT EXTRACTION
2.2.2.
TRANSMISSION & SIGNAL PROCESSING
2.2.3.
QUALITY ASSESSMENT
2.2.4.
DATA STORAGE
2.3. KEY INSIGHTS
2.3.1.
FAVORABLE GOVERNMENT INITIATIVES
2.3.2.
INTRODUCTION OF MULTIMODAL BIOMETRIC TECHNOLOGY
2.3.3.
RAPID ADOPTION BY BANKING & FINANCIAL SERVICE INDUSTRIES
2.4. PORTER’S FIVE FORCE ANALYSIS
2.4.1.
BARGAINING POWER OF BUYERS
2.4.2.
BARGAINING POWER OF SUPPLIERS
2.4.3.
THREAT OF NEW ENTRANTS
2.4.4.
THREAT OF SUBSTITUTE
2.4.5.
THREAT OF COMPETITIVE RIVALRY
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. INDUSTRY COMPONENTS
2.7.1.
CORE TECHNOLOGY
2.7.2.
PHYSICAL COMPONENTS MANUFACTURER
2.7.3.
INTEGRATED BIOMETRIC DEVICES
2.7.4.
MARKETING AND DISTRIBUTION
2.7.5.
END-USERS
2.8. MARKET DRIVERS
2.8.1.
INCREASED SAFETY & SECURITY CONCERNS
2.8.2.
RISE IN IDENTITY THREATS & RELATED COSTS
2.8.3.
IMMENSE PROLIFERATION OF SMARTPHONES & TABLETS WITH BIOMETRIC
CAPABILITIES
2.9. MARKET RESTRAINTS
2.9.1.
HIGH COST OF TECHNOLOGY
2.9.2.
DIFFICULTIES IN INTEGRATING BIOMETRICS INTO EXISTING SOFTWARE
2.10. MARKET OPPORTUNITIES
2.10.1.
THRIVING E-COMMERCE INDUSTRY
2.10.2.
EMERGENCE OF E-PASSPORT
2.11. MARKET CHALLENGES
2.11.1.
TECHNICAL LIMITATIONS ASSOCIATED WITH BIOMETRIC TECHNOLOGY
2.11.2.
DATA SECURITY & PRIVACY ISSUES
3.
GLOBAL BIOMETRICS MARKET OUTLOOK – BY TYPE
3.1. FIXED
3.2. MOBILE
4.
GLOBAL BIOMETRICS MARKET OUTLOOK – BY END-USERS
4.1. GOVERNMENT
4.2. TRANSPORTATION
4.3. BFSI
4.4. HEALTHCARE
4.5. IT & TELECOMMUNICATION
4.6. RETAIL
4.7. OTHER END-USERS
5.
GLOBAL BIOMETRICS MARKET OUTLOOK – BY TECHNOLOGY
5.1. FINGERPRINT RECOGNITION
5.2. IRIS RECOGNITION
5.3. FACIAL RECOGNITION
5.4. HAND GEOMETRY
5.5. VEIN ANALYSIS
5.6. VOICE RECOGNITION
5.7. DNA ANALYSIS
5.8. GAIT
5.9. EEG/ECG
5.10. OTHER TECHNOLOGIES
6.
GLOBAL BIOMETRICS MARKET – REGIONAL OUTLOOK
6.1. NORTH AMERICA
6.1.1.
MARKET BY TYPE
6.1.2.
MARKET BY END-USERS
6.1.3.
MARKET BY TECHNOLOGY
6.1.4.
COUNTRY ANALYSIS
6.1.4.1.
UNITED STATES
6.1.4.2.
CANADA
6.2. EUROPE
6.2.1.
MARKET BY TYPE
6.2.2.
MARKET BY END-USERS
6.2.3.
MARKET BY TECHNOLOGY
6.2.4.
COUNTRY ANALYSIS
6.2.4.1.
UNITED KINGDOM
6.2.4.2.
GERMANY
6.2.4.3.
FRANCE
6.2.4.4.
SPAIN
6.2.4.5.
ITALY
6.2.4.6.
RUSSIA
6.2.4.7.
REST OF EUROPE
6.3. ASIA-PACIFIC
6.3.1.
MARKET BY TYPE
6.3.2.
MARKET BY END-USERS
6.3.3.
MARKET BY TECHNOLOGY
6.3.4.
COUNTRY ANALYSIS
6.3.4.1.
CHINA
6.3.4.2.
JAPAN
6.3.4.3.
INDIA
6.3.4.4.
SOUTH KOREA
6.3.4.5.
ASEAN COUNTRIES
6.3.4.6.
AUSTRALIA & NEW ZEALAND
6.3.4.7.
REST OF ASIA-PACIFIC
6.4. LATIN AMERICA
6.4.1.
MARKET BY TYPE
6.4.2.
MARKET BY END-USERS
6.4.3.
MARKET BY TECHNOLOGY
6.4.4.
COUNTRY ANALYSIS
6.4.4.1.
BRAZIL
6.4.4.2.
MEXICO
6.4.4.3.
REST OF LATIN AMERICA
6.5. MIDDLE EAST AND AFRICA
6.5.1.
MARKET BY TYPE
6.5.2.
MARKET BY END-USERS
6.5.3.
MARKET BY TECHNOLOGY
6.5.4.
COUNTRY ANALYSIS
6.5.4.1.
UNITED ARAB EMIRATES
6.5.4.2.
TURKEY
6.5.4.3.
SAUDI ARABIA
6.5.4.4.
SOUTH AFRICA
6.5.4.5.
REST OF MIDDLE EAST & AFRICA
7.
COMPETITIVE LANDSCAPE
7.1. AWARE, INC.
7.2. BIO-KEY INTERNATIONAL, INC.
7.3. CROSSMATCH TECHNOLOGIES, INC. (ACQUIRED BY
HID GLOBAL)
7.4. FINGERPRINT CARDS AB
7.5. FUJITSU LIMITED
7.6. FULCRUM BIOMETRICS LLC
7.7. GEMALTO N.V.
7.8. HID GLOBAL CORPORATION
7.9. IMAGEWARE SYSTEMS
7.10. IRIS ID SYSTEMS, INC.
7.11. M2SYS TECHNOLOGIES, INC.
7.12. NEC CORPORATION
7.13. NUANCE COMMUNICATIONS, INC.
7.14. IDEMIA FRANCE S.A.S. (SAFRAN IDENTITY & SECURITY
S.A.S.)
7.15. PRECISE BIOMETRICS AB
7.16. SIEMENS AG
8.
RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY
TABLE 1: GLOBAL BIOMETRICS MARKET, BY GEOGRAPHY, 2019-2027 (IN $
MILLION)
TABLE 2: GOVERNMENT INITIATIVES & POLICIES RELATED TO BIOMETRICS
TABLE 3: VENDOR SCORECARD
TABLE 4: INSTANCES OF IDENTITY THEFTS IN KEY GEOGRAPHIES, 2017
TABLE 5: SOME OF THE PROMISING E-PASSPORT PROJECTS
TABLE 6: GLOBAL BIOMETRICS MARKET, BY TYPE, 2019-2027, (IN $ MILLION)
TABLE 7: GLOBAL BIOMETRICS MARKET, BY END-USERS, 2019-2027, (IN $
MILLION)
TABLE 8: GLOBAL BIOMETRICS MARKET, BY TECHNOLOGY, 2019-2027, (IN $
MILLION)
TABLE 9: GLOBAL BIOMETRICS MARKET, BY GEOGRAPHY, 2019-2027, (IN $
MILLION)
TABLE 10: NORTH AMERICA BIOMETRICS MARKET, BY COUNTRY, 2019-2027 (IN $
MILLION)
TABLE 11: NORTH AMERICA BIOMETRICS MARKET, BY TYPE, 2019-2027 (IN $
MILLION)
TABLE 12: NORTH AMERICA BIOMETRICS MARKET, BY END-USERS, 2019-2027 (IN $
MILLION)
TABLE 13: NORTH AMERICA BIOMETRICS MARKET, BY TECHNOLOGY, 2019-2027 (IN
$ MILLION)
TABLE 14: EUROPE BIOMETRICS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 15: EUROPE BIOMETRICS MARKET, BY TYPE, 2019-2027 (IN $ MILLION)
TABLE 16: EUROPE BIOMETRICS MARKET, BY END-USERS, 2019-2027 (IN $
MILLION)
TABLE 17: EUROPE BIOMETRICS MARKET, BY TECHNOLOGY, 2019-2027 (IN $
MILLION)
TABLE 18: ASIA-PACIFIC BIOMETRICS MARKET, BY COUNTRY, 2019-2027 (IN $
MILLION)
TABLE 19: ASIA-PACIFIC BIOMETRICS MARKET, BY TYPE, 2019-2027 (IN $
MILLION)
TABLE 20: ASIA-PACIFIC BIOMETRICS MARKET, BY END-USERS, 2019-2027 (IN $
MILLION)
TABLE 21: ASIA-PACIFIC BIOMETRICS MARKET, BY TECHNOLOGY, 2019-2027 (IN $
MILLION)
TABLE 22: LATIN AMERICA BIOMETRICS MARKET, BY COUNTRY, 2019-2027 (IN $
MILLION)
TABLE 23: LATIN AMERICA BIOMETRICS MARKET, BY TYPE, 2019-2027 (IN $
MILLION)
TABLE 24: LATIN AMERICA BIOMETRICS MARKET, BY END-USERS, 2019-2027 (IN $
MILLION)
TABLE 25: LATIN AMERICA BIOMETRICS MARKET, BY TECHNOLOGY, 2019-2027 (IN
$ MILLION)
TABLE 26: MIDDLE EAST AND AFRICA BIOMETRICS MARKET, BY COUNTRY,
2019-2027 (IN $ MILLION)
TABLE 27: MIDDLE EAST AND AFRICA BIOMETRICS MARKET, BY TYPE, 2019-2027
(IN $ MILLION)
TABLE 28: MIDDLE EAST AND AFRICA BIOMETRICS MARKET, BY END-USERS,
2019-2027 (IN $ MILLION)
TABLE 29: MIDDLE EAST AND AFRICA BIOMETRICS MARKET, BY TECHNOLOGY,
2019-2027 (IN $ MILLION)
FIGURE 1: BASIC COMPONENTS OF BIOMETRIC AUTHENTICATION SYSTEMS
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: INTERNAL PROCESS FOR IDENTIFICATION BY BIOMETRIC TECHNOLOGY
FIGURE 5: AVERAGE CYBER CRIME COST IN KEY GEOGRAPHIES, AUGUST 2017 (IN $
MILLION)
FIGURE 6: GLOBAL BIOMETRICS MARKET, BY FIXED, 2019-2027 (IN $ MILLION)
FIGURE 7: GLOBAL BIOMETRICS MARKET, BY MOBILE, 2019-2027 (IN $ MILLION)
FIGURE 8: GLOBAL BIOMETRICS MARKET, BY GOVERNMENT, 2019-2027 (IN $
MILLION)
FIGURE 9: GLOBAL BIOMETRICS MARKET, BY TRANSPORTATION, 2019-2027 (IN $
MILLION)
FIGURE 10: GLOBAL BIOMETRICS MARKET, BY BFSI, 2019-2027 (IN $ MILLION)
FIGURE 11: GLOBAL BIOMETRICS MARKET, BY HEALTHCARE, 2019-2027 (IN $
MILLION)
FIGURE 12: GLOBAL BIOMETRICS MARKET, BY IT & TELECOMMUNICATION,
2019-2027 (IN $ MILLION)
FIGURE 13: GLOBAL BIOMETRICS MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
FIGURE 14: GLOBAL BIOMETRICS MARKET, BY OTHER END-USERS, 2019-2027 (IN $
MILLION)
FIGURE 15: GLOBAL BIOMETRICS MARKET, BY FINGERPRINT RECOGNITION,
2019-2027 (IN $ MILLION)
FIGURE 16: GLOBAL BIOMETRICS MARKET, BY IRIS RECOGNITION, 2019-2027 (IN
$ MILLION)
FIGURE 17: GLOBAL BIOMETRICS MARKET, BY FACIAL RECOGNITION, 2019-2027
(IN $ MILLION)
FIGURE 18: GLOBAL BIOMETRICS MARKET, BY HAND GEOMETRY, 2019-2027 (IN $
MILLION)
FIGURE 19: GLOBAL BIOMETRICS MARKET, BY VEIN ANALYSIS, 2019-2027 (IN $
MILLION)
FIGURE 20: GLOBAL BIOMETRICS MARKET, BY VOICE RECOGNITION, 2019-2027 (IN
$ MILLION)
FIGURE 21: GLOBAL BIOMETRICS MARKET, BY DNA ANALYSIS, 2019-2027 (IN $
MILLION)
FIGURE 22: GLOBAL BIOMETRICS MARKET, BY GAIT, 2019-2027 (IN $ MILLION)
FIGURE 23: GLOBAL BIOMETRICS MARKET, BY EEG/ECG, 2019-2027 (IN $
MILLION)
FIGURE 24: GLOBAL BIOMETRICS MARKET, BY OTHER TECHNOLOGIES, 2019-2027
(IN $ MILLION)
FIGURE 25: UNITED STATES BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26: CANADA BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 27: UNITED KINGDOM BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 28: GERMANY BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 29: FRANCE BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 30: SPAIN BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 31: ITALY BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 32: RUSSIA BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 33: REST OF EUROPE BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 34: CHINA BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 35: JAPAN BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 36: INDIA BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 37: SOUTH KOREA BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 38: ASEAN COUNTRIES BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 39: AUSTRALIA & NEW ZEALAND BIOMETRICS MARKET, 2019-2027 (IN
$ MILLION)
FIGURE 40: REST OF ASIA-PACIFIC BIOMETRICS MARKET, 2019-2027 (IN $
MILLION)
FIGURE 41: BRAZIL BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 42: MEXICO BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 43: REST OF LATIN AMERICA BIOMETRICS MARKET, 2019-2027 (IN $
MILLION)
FIGURE 44: UNITED ARAB EMIRATES BIOMETRICS MARKET, 2019-2027 (IN $
MILLION)
FIGURE 45: TURKEY BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 46: SAUDI ARABIA BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 47: SOUTH AFRICA BIOMETRICS MARKET, 2019-2027 (IN $ MILLION)
FIGURE 48: REST OF MIDDLE EAST & AFRICA BIOMETRICS MARKET, 2019-2027
(IN $ MILLION)