The report on the global biometrics market provides qualitative and quantitative analysis for the period from 2021-2030. The report predicts the global biometrics market to grow with a CAGR of More than 14% over the forecast period from 2023-2030. The study on biometrics market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
The report on biometrics market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global biometrics market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global biometrics market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
2. Complete coverage of all the segments in the biometrics market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global biometrics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
The report on biometrics market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global biometrics market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global biometrics market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
- The increasing adoption of digital technologies is expected to drive market growth.
- The increasing need for highly efficient security systems is expected to drive market growth.
2) Restraints
- Lack of technical knowledge and data security concerns hampers the market growth.
3) Opportunities
- Innovative advancements in biometric solutions made for identification and authentication applications will create growth opportunities for the market.
Research Methodology
A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
The primary research respondents typically include
1. Executives working with leading companies in the market under review2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.The secondary sources of the data typically include
1. Company reports and publications2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global biometrics market is segmented on the basis of component, application, technology, and end use.The Global Biometrics Market by Component
- Hardware
- Software
The Global Biometrics Market by Application
- Identification & Access Control
- Security & Surveillance
- Payments
- Image Database Investigation
- Others
The Global Biometrics Market by Technology
- Face Recognition
- Hand Geometry
- Voice Recognition
- Signature Recognition
- Others
The Global Biometrics Market by End Use
- Government
- BFSI
- Buildings
- Medical and Research Labs
- Banking
- Defense and Security
Company Profiles
The companies covered in the report include- Fujitsu
- M2SYS Technology
- NEC Corporation
- Leidos
- BIO-key International
- Suprema Inc.
- Precise Biometrics
- HID Global Corporation
- Aware, Inc.
- Cognitec Systems GmbH
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the biometrics market.2. Complete coverage of all the segments in the biometrics market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global biometrics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Biometrics Market Overview
Chapter 5. Global Biometrics Market by Component
Chapter 6. Global Biometrics Market by Application
Chapter 7. Global Biometrics Market by Technology
Chapter 8. Global Biometrics Market by End Use
Chapter 9. Global Biometrics Market by Region 2023-2030
Chapter 10. Company Profiles and Competitive Landscape
Companies Mentioned
- Fujitsu
- M2SYS Technology
- NEC Corporation
- Leidos
- BIO-key International
- Suprema Inc.
- Precise Biometrics
- HID Global Corporation
- Aware, Inc.
- Cognitec Systems GmbH
