Biometrics Technology Market, by Component (Face, Hand geometry, Voice, Signature, Iris, AFIS, Non-AFIS, and Others), by End-user (Government, Defense Services, Banking and Finance, Consumer Electronics, Healthcare, Home Safety and Security, Transport / V

Biometrics Technology Market, by Component (Face, Hand geometry, Voice, Signature, Iris, AFIS, Non-AFIS, and Others), by End-user (Government, Defense Services, Banking and Finance, Consumer Electronics, Healthcare, Home Safety and Security, Transport / Visa / Logistics, and Others (Retail, hospitality, gaming and automobile)), and by Geography (North America, Europe, Asia Pacific, and RoW) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Biometrics allows a person to be identified based on physical characteristics that can be used to identify individuals. For example fingerprint mapping, facial recognition, retina scans. Biometrics identifiers include unique ways, for individual identification such as DNA, fingerprints, voice. for authentication purposes. Moreover, biometrics data can be used to access information in devices like smartphones.
Three types of Biometrics Security:
Biological biometrics
Morphological biometrics
Behavioral biometrics

Market Dynamics
The adoption of biometrics technology is majorly get attributed due to the increasing adoption of biometrics-based authentication devices, by many end-use industries such as healthcare, BFSI, commercial, and the government. For instance, The Government General Hospital (GGH), in Andhra Pradesh, India, has adopted RFID Technology, for preventing the infant lifting. The state government has started using an RFID tagging system, in this the mother, and child will be equipped with a tracking tag, furthermore, this initiative will help to reduce the number of child-lifting from the hospital.
In addition, rising incidences of identity theft, is boosting the adoption of a biometrics authentication module in consume electronics devices such as mobile, tablets, are other factor boosting the adoption of biometrics technology.
However, the initial cost of biometrics technology is higher as compared to their alternatives, which is expected to hamper the growth of the biometrics technology market, over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global biometrics technology market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global biometrics technology market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as part of this study include Accu-Time Systems, Inc., Daon, Inc., BIO-Key International, Inc., IrisGuard, Inc., Fujitsu Limited, Lumidigm, Inc., IDTECK, Suprema, Inc., 3M Cogent, Inc., RCG Holdings, Ltd., and NEC Corporation.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global biometrics technology market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biometrics technology market
Detailed Segmentation
Global Biometrics Technology Market, By Components:
Face
Hand geometry
Voice
Signature
Iris
AFIS
Non-AFIS
Others
Global Biometrics Technology Market, By End Users:
Government
Defense Services
Banking and Finance
Consumer Electronics
Healthcare
Home Safety and Security
Transport / Visa / Logistics
Others (Retail, hospitality, gaming and automobile)
Global Biometrics technology Market, By Region:
North America
By Components
Face
Hand geometry
Voice
Signature
Iris
AFIS
Non-AFIS
Others
By End Users
Government
Defense Services
Banking and Finance
Consumer Electronics
Healthcare
Home Safety and Security
Transport / Visa / Logistics
Others (Retail, hospitality, gaming and automobile)
By Country:
U.S.
Canada
Europe
By Components
Face
Hand geometry
Voice
Signature
Iris
AFIS
Non-AFIS
Others
By End Users
Government
Defense Services
Banking and Finance
Consumer Electronics
Healthcare
Home Safety and Security
Transport / Visa / Logistics
Others (Retail, hospitality, gaming and automobile)
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Components
Face
Hand geometry
Voice
Signature
Iris
AFIS
Non-AFIS
Others
By End Users
Government
Defense Services
Banking and Finance
Consumer Electronics
Healthcare
Home Safety and Security
Transport / Visa / Logistics
Others (Retail, hospitality, gaming and automobile)
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Components
Face
Hand geometry
Voice
Signature
Iris
AFIS
Non-AFIS
Others
By End Users
Government
Defense Services
Banking and Finance
Consumer Electronics
Healthcare
Home Safety and Security
Transport / Visa / Logistics
Others (Retail, hospitality, gaming and automobile)
By Country:
Brazil
Mexico
Rest of Latin America
Middle East & Africa
By Components
Face
Hand geometry
Voice
Signature
Iris
AFIS
Non-AFIS
Others
By End Users
Government
Defense Services
Banking and Finance
Consumer Electronics
Healthcare
Home Safety and Security
Transport / Visa / Logistics
Others (Retail, hospitality, gaming and automobile)
By Country/Region:
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
Accu-Time Systems, Inc*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
Daon, Inc.
BIO-Key International, Inc.
IrisGuard, Inc.
Fujitsu Limited
Lumidigm, Inc.
IDTECK, Suprema, Inc.
3M Cogent, Inc.
RCG Holdings, Ltd.
NEC Corporation
“*” marked represents similar segmentation in other categories in the respective section.