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, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
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.
Market Dynamics:
The adoption of biometric 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 kidnapping. The state government has started using an RFID tagging system, in this the mother, and child will be equipped with a tracking tag, and 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 biometric technology market, over the forecast period.
Key features of the study:
This report provides an in-depth analysis of the global biometric technology market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 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 biometric 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 biometric technology market.
Detailed Segmentation
Global Biometrics Technology Market, By Component:
Face
Hand geometry
Voice
Signature
Iris
AFIS
Non-AFIS
Others
Global Biometrics Technology Market, By End User:
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 Country:
U.S.
Canada
Europe
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Country:
Brazil
Mexico
Rest of Latin America
Middle East & Africa
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
*Browse all the market data tables and figures on “Global Biometric Technology Market- Forecast to 2030”
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Component
Market Snippet, By End user
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Component Trend
Merger and Acquisitions
New system Launch/Approvals
4. Global Biometrics Technology Market - Impact of Coronavirus (COVID-19) Pandemic
Short Term
Long term
5. Global Biometrics Technology Market, By Component, 2017-2030(US$ Million)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Segment trends
Face
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Hand geometry
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Voice
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Signature
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Iris
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
AFIS
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Non-AFIS
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Others
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
6. Global Biometrics Technology Market, By End user, 2017-2030(US$ Million)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Segment trends
Government
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Defense Services
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Banking and Finance
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Consumer Electronics
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Healthcare
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Home and Safety
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Transport / Visa / Logistics
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Others (Retail, hospitality, gaming and automobile)
Introduction
Market Size and Forecast, 2023–2030, (US$ Million
7. Global Biometrics Technology Market, By Region, 2017-2030 (US$ Million)
Introduction
Market Share Analysis, By Region, 2023 and 2030 (%)
North America
Regional Trends
Market Size and Forecast, By Component, 2023–2030(US$ Million)
Market Size and Forecast, By End user, 2023–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Component, 2023–2030(US$ Million)
Market Size and Forecast, By End user, 2023–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Component, 2023–2030(US$ Million)
Market Size and Forecast, By End user, 2023–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Component, 2023–2030(US$ Million)
Market Size and Forecast, By End user, 2023–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Component, 2023–2030(US$ Million)
Market Size and Forecast, By End user, 2023–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
GCC Countries
South Africa
Rest of Middle East & Africa
8. Competitive Landscape
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.
9. Section
References
Research Methodology
About us and Sales Contact
*Browse market data tables and figures on “Global Biometrics Technology Market -forecast to 2030”.