Growth Opportunities in the Global Biometric System Market

  • ID: 4165319
  • Report
  • Region: Global
  • 176 pages
  • Lucintel
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The Global Biometric System Market Is Expected To Reach an Estimated $32.4 Billion By 2022

FEATURED COMPANIES

  • 3M Cogent, Inc.
  • Cross Match Technologies
  • Fujitsu Frontech Limited
  • Hid Global
  • IriTech, Inc.
  • NEC Corporation
  • MORE

Trends, opportunities and forecast in this market to 2022 by type (physiological and behavioral), by technology (fingerprint, AFIS, iris recognition, facial recognition, hand geometry, vein recognition, signature recognition, voice recognition, and others), by end use industry (government and law enforcement, commercial and retail, health care, travel and immigration, financial and banking, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)

The global biometric system market looks promising with opportunities in the government, commercial, healthcare, and banking sector. The global biometric system market is expected to reach an estimated $32.4 billion by 2022 and it is forecast to grow at a CAGR of 15% from 2017 to 2022. The major growth drivers for this market are increasing focus of safety and security in private and business sectors related to unauthorized access, growth in the e-passport program for personal identification, and the growing adaption of voice recognition systems in the banking and financial services sector.

Emerging trends, which have a direct impact on the dynamics of the biometric system industry, include development of advanced biometric modalities, such as body odor, ear pattern, and lip biometrics and increasing use of advanced biometric sensors.

A total of 87 figures / charts and 64 tables are provided in this 176-page report to help in your business decisions.

The study includes biometric system market size and forecast for the global biometric system market through 2022 segmented by type, technology, end use industry, and region as follows:

Biometric system market by Technology [$M shipment analysis from 2011 to 2022]:
  • Fingerprint
  • AFIS
  • Iris Recognition
  • Facial Recognition
  • Hand Geometry
  • Vein Recognition
  • Signature recognition
  • Voice Recognition
  • Others
Biometric system market by End Use Industry [$M shipment analysis from 2011 to 2022]:
  • Government and Law Enforcement
  • Commercial and Retail
  • Health Care
  • Travel and Immigration
  • Financial and Banking
  • Others
Biometric system market by Type [$M shipment analysis from 2011 to 2022]:
  • Physiological Type
  • Behavioral Type
Biometric system market by Region [$M shipment analysis for 2011 – 2022]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
Biometric system companies profiled in this market report include Safran SA, NEC Corporation, 3M Cogent, Precise Biometrics, and Fujitsu Ltd are among the major biometric system manufacturers.

The author forecasts that AFIS is expected to remain the largest technology due to the increasing demand in various law enforcement and civil applications. The voice recognition technology segment is expected to experience the highest growth rate in the forecast period supported by increasing demand from the banking and finance sector in addition to the healthcare sector.

Within the biometric system market, government & law enforcement is expected to remain the largest segment due to the growing demand for biometric systems in defense sectors and homeland security.  The report predicts that the financial & banking sector is likely to experience the highest growth in the forecast period supported by increasing use of biometrics to enhance security and protect the financial information and identity of customers.

North America is expected to remain the largest region during the forecast period due to the stringent government regulations for security in the US and Canada.

Some of the features of “Growth Opportunities in the Global Biometric System Market 2017-2022: Trends, Forecast, and Opportunity Analysis” include:
  • Market size estimates: Global biometric system market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Biometric system market trend (2011-2016) and forecast (2017-2022) by segments and region.
  • Segmentation analysis: Global biometric system market size by various applications such as technology, end use, by type in terms of value shipment.
  • Growth opportunities: Analysis on growth opportunities in different applications.
  • Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of biometric system  suppliers in the global biometric system market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the global biometric system market by type (physiological and behavioral),  by technology (fingerprint, AFIS, iris recognition, facial recognition, hand geometry, vein recognition, signature recognition, voice recognition, and others), by end use industry (government and law enforcement,  commercial  and retail, health care, travel and immigration, financial and banking, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which regions will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the biometric system market?
Q.5. What are the business risks and threats to the market?
Q.6. What are the emerging trends in this market and reasons behind them?
Q.7. What are some changing demands of customers in the biometric system market?
Q.8. What are the new developments in the market? Which biometric system companies are leading these developments?
Q.9. Who are the major biometric system suppliers? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11. What M&A activity has occurred in the last 5 years?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M Cogent, Inc.
  • Cross Match Technologies
  • Fujitsu Frontech Limited
  • Hid Global
  • IriTech, Inc.
  • NEC Corporation
  • MORE

 1. Executive Summary
 
2. Market Background and Classification
2.1: Introduction, Background, and Classifications
2.2; Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis
3.1: Macroeconomic Trends and Forecast
3.2: Global Biometric System Market Trends and Forecast
3.3: Global Biometric System Market by Type
3.3.1: Physiological System
3.3.2: Behavioral System
3.4: Global Biometric System Market by Technology
3.4.1: Fingerprint recognition
3.4.2: Automated Fingerprint Identification System (AFIS)
3.4.3: Iris Recognition
3.4.4: Facial Recognition
3.4.5: Hand Geometry
3.4.6: Vein Recognition
3.4.7: Signature Recognition
3.4.8: Voice Recognition
3.4.9: Other Technology
3.5: Global Biometric System Market by End Use Industry
3.5.1: Government and Law Enforcement
3.5.2: Commercial and Retail
3.5.3: Healthcare
3.5.4: Travel and Immigration
3.5.5: Financial & Banking
3.5.6: Others
 
4. Market Trends and Forecast Analysis by Region
4.1: Global Biometric System Market by Region
4.2: North American Biometric System Market
4.2.1: North American Market by Technology
4.2.2: United States Biometrics System Market
4.2.3: Canadian Biometric System Market
4.2.4: Mexican Biometric System Market
4.3: European Biometric System Market
4.3.1: European Market by Technology
4.3.2: The Biometric System Market of the U.K.
4.3.3: German Biometric System Market
4.3.4: French Biometric System Market
4.4: APAC Biometric System Market
4.4.1: APAC Market by Technology
4.4.2: Chinese Biometric System Market
4.4.3: Japanese Biometric System Market
4.4.4: Indian Biometric System Market
4.5: ROW Biometric System Market
4.5.1: ROW Market by Technology
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Global Biometric System Market by Technology
6.1.2: Growth Opportunities for Global Biometric System Market by End Use Industry
6.1.3: Growth Opportunities for Global Biometric System Market by Region
6.2: Emerging Trends in the Global Biometric System Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Business Expansion of the Global Biometric System Market
6.3.3: Contract
6.3.4: Mergers, Acquisitions, Partnership, and Joint Ventures in the Global Biometric System Market
 
7. Company Profiles of Leading Players
7.1: 3M Cogent, Inc.
7.2: Safran (Morpho)
7.3: Fujitsu Frontech Limited
7.4: Cross Match Technologies
7.5: Hid Global
7.6: NEC Corporation
7.7: Thales Group
7.8: Bio-Key, International Inc.
7.9: Precise Biometrics AB.
7.10: Suprema Inc.
7.11: IriTech, Inc.
 
List of Figures
 
Chapter 2. Market Background and Classification
Figure 2.1: Enrollment Process of Biometric Systems
Figure 2.2: Verification Process of Biometric Systems
Figure 2.3: Market Segmentation of Biometric Systems
Figure 2.4: Supply Chain of the Global Biometrics System Market
Figure 2.5: Major Drivers and Challenges for the Global Biometrics System Market
 
Chapter 3. Market Trends and Forecast Analysis
Figure 3.1: Trends of the Global GDP Growth Rate
Figure 3.2: Trends of the Global Population Growth Rate
Figure 3.3: Trends of the Global Inflation Rate
Figure 3.4: Trends of the Global Unemployment Rate
Figure 3.5: Trends of the Regional GDP Growth Rate
Figure 3.6: Trends of the Regional Population Growth Rate
Figure 3.7: Trends of the Regional Inflation Rate
Figure 3.8: Trends of the Regional Unemployment Rate
Figure 3.9: Regional Per Capita Income Trends
Figure 3.10: Forecast for the Global GDP Growth Rate
Figure 3.11: Forecast for the Global Population Growth Rate
Figure 3.12: Forecast for the Global Inflation Rate
Figure 3.13: Forecast for the Global Unemployment Rate
Figure 3.14: Forecast for the Regional GDP Growth Rate
Figure 3.15: Forecast for the Regional Population Growth Rate
Figure 3.16: Forecast for the Regional Inflation Rate
Figure 3.17: Forecast for the Regional Unemployment Rate
Figure 3.18: Forecast for Regional Per Capita Income
Figure 3.19: Trends and Forecast for the Global Biometric System Market (2011-2022)
Figure 3.20: Trends of the Global Biometric System Market ($M) by Type (2011-2016)
Figure 3.21: Forecast for the Global Biometric System Market ($M) by Type (2017-2022)
Figure 3.22: Trends and Forecast for the Physiological Biometric System Market ($M) (2011-2022)
Figure 3.23: Trends and Forecast for the Behavioral Biometric System Market ($M) (2011-2022)
Figure 3.24: Trends of the Global Biometric System Market ($M) by Technology (2011-2016)
Figure 3.25: Forecast for the Global Biometric System Market ($M) by Technology (2011-2016)
Figure 3.26: Trends of the Fingerprint Biometric System Market ($M) by Region (2011-2016)
Figure 3.27: Forecast for the Fingerprint Biometric System Market ($M) by Region (2017-2022)
Figure 3.28: Trend for the AFIS Biometric System Market ($M) by Region (2011-2016)
Figure 3.29: Forecast for the AFIS Biometric System Market ($M) by Region (2017-2022)
Figure 3.30: Trend of Iris Recognition Market ($M) by Region (2011-2016)
Figure 3.31: Forecast for Iris Recognition Market ($M) by Region (2017-2022)
Figure 3.32: Trends of Facial Recognition Market ($M) by Region (2011-2016)
Figure 3.33: Forecast for Facial Recognition Market ($M) by Region (2017-2022)
Figure 3.34: Trends of Hand Geometry Market ($M) by Region (2011-2016)
Figure 3.35: Forecast for Hand Geometry Market ($M) by Region (2017-2022)
Figure 3.36: Trends of Vein Recognition Market ($M) by Region (2011-2016)
Figure 3.37: Forecast for Vein Recognition Market ($M) by Region (2017-2022)
Figure 3.38: Trends of Signature Recognition Market ($M) by Region (2011-2016)
Figure 3.39: Forecast for Signature Recognition Market ($M) by Region (2017-2022)
Figure 3.40: Trends of Voice Recognition Market ($M) by Region (2011-2016)
Figure 3.41: Forecast for Voice Recognition Market ($M) by Region (2017-2022)
Figure 3.42: Trends of the Other Technology Market ($M) by Region (2011-2016)
Figure 3.43: Forecast for the Other Technology Market ($M) by Region (2017-2022)
Figure 3.44: Trends of the Global Biometric System Market ($M) by End Use (2011-2016)
Figure 3.45: Forecast for the Global Biometric System Market ($M) by End Use (2017-2022)
Figure 3.46: Trends and Forecast for the Global Biometric System Market ($M) for Government and Law Enforcement (2011-2022)
Figure 3.47: Trends and Forecast for the Global Biometric System Market ($M) for Commercial and Retail (2011-2022)
Figure 3.48: Trends and Forecast for the Global Biometric System Market ($M) for Healthcare (2011-2022)
Figure 3.49: Trends and Forecast for the Global Biometric System Market ($M) for Travel and Immigration (2011-2022)
Figure 3.50: Trends and Forecast for the Global Biometric System Market ($M) for Financial and Banking (2011-2022)
Figure 3.51: Trends and Forecast for the Global Biometric System Market ($M) for Other End Use Industry (2011-2022)
 
Chapter 4. Market Trends and Forecast Analysis by Region
Figure 4.1: Trends of the Global Biometric System Market ($M) by Region (2011-2016)
Figure 4.2: Forecast for the Global Biometric System Market ($M) by Region (2017-2022)
Figure 4.3: Trends and Forecast for the North American Biometric System Market ($M) (2011-2022)
Figure 4.4: Trends of the North American Biometric System Market ($M) by Technology (2011-2016)
Figure 4.5: Forecast for the North American Biometric System Market ($M) by Technology (2017-2022)
Figure 4.6: Trends and Forecast for the United States Biometric System Market ($M) (2011-2021)
Figure 4.7: Trends and Forecast for the Canadian Biometric System Market ($M) (2011-2021)
Figure 4.8: Trends and Forecast for the Mexican Biometric System Market ($M) (2011-2021)
Figure 4.9: Trends and Forecast for the European Biometric System Market ($M) (2011-2021)
Figure 4.10: Trends of the European Biometric System Market ($M) (2011-2021)
Figure 4.11: Forecast for the European Biometric System Market ($M) (2017-2022)
Figure 4.12: Trends and Forecast for the U.K. Biometric System Market ($M) (2011-2022)
Figure 4.13: Trends and Forecast for the German Biometric System Market ($M) (2011-2022)
Figure 4.14: Trends and Forecast for the French Biometric System Market ($M) (2011-2022)
Figure 4.15: Trends and Forecast for the APAC Biometric System Market ($M) (2011-2022)
Figure 4.16: Trends of the APAC Biometric System Market by Technology ($M) (2011-2016)
Figure 4.17: Forecast for the APAC Biometric System Market by Technology ($M) (2017-2022)
Figure 4.18: Trend and Forecast for the China Biometric System Market ($M) (2017-2022)
Figure 4.19: Trend and Forecast for the Japanese Biometric System Market ($M) (2017-2022)
Figure 4.20: Trend and Forecast for the Indian Biometric System Market ($M) (2017-2022)
Figure 4.21: Trend and Forecast for the ROW Biometric System Market ($M) (2017-2022)
Figure 4.22: Trends of the ROW Biometric System Market ($M) by Technology (2011-2016)
Figure 4.23: Forecast for the ROW Biometric System Market ($M) by Technology (2017-2022)
Chapter 5. Competitor Analysis
Figure 5.1: Locations of Major Biometric System Suppliers
Figure 5.2: Porter’s Five Forces Industry Analysis for Global Biometric System Industry
 
Chapter 6. Growth Opportunities and Strategic Analysis
Figure 6.1: Growth Opportunities for the Global Biometric System Market by Technology (2022)
Figure 6.2: Growth Opportunities for the Global Biometric System Market by End Use Industry (2022)
Figure 6.3: Growth Opportunities for the Global Biometric System Market by Region (2022)
Figure 6.4: Emerging Trends of the Global Biometric System Industry
Figure 6.5: Strategic Initiatives by Major Competitors in the Global Biometric System Market (2014-2016)
Figure 6.6: Major Capacity Expansions in the Global Biometric System Market (2016)
 
List of Tables
 
Chapter 1. Executive Summary
Table 1.1: Global Biometric System Market Parameters and Attributes
 
Chapter 3. Market Trends and Forecast Analysis
Table 3.1: Market Trends for the Global Biometric System Market (2011-2016)
Table 3.2: Market Forecast for the Global Biometric System Market (2017-2022)
Table 3.3: Market Size and CAGR of Various Types of Biometric System Markets (2011-2016)
Table 3.4: Market Size and CAGR of Various Types of Biometric System Markets (2017– 2022)
Table 3.5: Market Trends for Global Physiological Biometric System Market (2011-2016)
Table 3.6: Market Forecast for the Global Physiological Biometric System Market (2017-2022)
Table 3.7: Market Trends for Global Behavioral Biometric System Market (2011-2016)
Table 3.8: Market Forecast for the Global Behavioral Biometric System Market (2017-2022)
Table 3.9: Market Size and CAGR of Biometric System Market by Technology (2011-2016)
Table 3.10: Market Size and CAGR of Biometric System Market by Technology (2017– 2022)
Table 3.11: Market Size and CAGR of Various Regions of Fingerprint Technology in the Global Biometric System Market (2011-2016)
Table 3.12: Market Size and CAGR of Various Regions of Fingerprint Technology in the Global Biometric System Market (2017-2022)
Table 3.13: Market Size and CAGR of Various Regions of AFIS Technology in the Global Biometric System Market (2011-2016)
Table 3.14: Market Size and CAGR of Various Regions of AFIS Technology in the Global Biometric System Market (2017-2022)
Table 3.15: Market Size and CAGR of Various Regions of Iris Recognition in the Global Biometric System Market (2011-2016)
Table 3.16: Market Size and CAGR of Various Regions of Iris Recognition in the Global Biometric System Market (2017-2022)
Table 3.17: Market Size and CAGR of Various Regions of Facial Recognition in the Global Biometric System Market (2011-2016)
Table 3.18: Market Size and CAGR of Various Regions of Facial Recognition in the Global Biometric System Market (2017-2022)
Table 3.19: Market Size and CAGR of Various Regions of Hand Geometry in the Global Biometric System Market (2011-2016)
Table 3.20: Market Size and CAGR of Various Regions of Hand Geometry in the Global Biometric System Market (2017-2022)
Table 3.21: Market Size and CAGR of Various Regions of Vein Recognition in the Global Biometric System Market (2011-2016)
Table 3.22: Market Size and CAGR of Various Regions of Vein Recognition in the Global Biometric System Market (2017-2022)
Table 3.23: Market Size and CAGR of Various Regions of Signature Recognition in the Global Biometric System Market (2011-2016)
Table 3.24: Market Size and CAGR of Various Regions of Signature Recognition in the Global Biometric System Market (2017-2022)
Table 3.25: Market Size and CAGR of Various Regions of Voice Recognition in the Global Biometric System Market (2011-2016)
Table 3.26: Market Size and CAGR of Various Regions of Voice Recognition in the Global Biometric System Market (2017-2022)
Table 3.27: Market Size and CAGR of Various Regions of Other Technology in the Global Biometric System Market (2011-2016)
Table 3.28: Market Size and CAGR of Various Regions of Other Technology in the Global Biometric System Market (2017-2022)
Table 3.29: Market Size and CAGR of Various End Use Industries of the Biometric System Market (2011-2016)
Table 3.30: Market Size and CAGR of Various End Use Industry of the Biometric System Market (2017– 2022)
Table 3.31: Market Trends of the Government and Law Enforcement in the Global Biometric System Market (2011-2016)
Table 3.32: Market Forecast for the Government and Law Enforcement in the Global Biometric System Market (2017-2022)
Table 3.33: Market Trends of the Commercial and Retail Market in the Global Biometric System Market (2011-2016)
Table 3.34: Market Forecast for the Commercial and Retail Market in the Global Biometric System Market (2017-2022)
Table 3.35: Market Trends of Healthcare in the Global the Biometric System Market (2011-2016)
Table 3.36: Market Forecast for the Healthcare in the Global Biometric System Market (2017-2022)
Table 3.37: Market Trends of the Travel and Immigration in the Global Biometric System Market (2011-2016)
Table 3.38: Market Forecast for the Travel and Immigration in the Global Biometric System Market (2017-2022)
Table 3.39: Market Trends of Financial and Banking in the Global Biometric System Market (2011-2016)
Table 3.40: Market Forecast for the Financial and Banking in the Global Biometric System Market (2017-2022)
Table 3.41: Market Trends of Other in the Global Biometric System Market (2011-2016)
Table 3.42: Market Forecast for Other in the Global Biometric System Market (2017-2022)
 
Chapter 4. Market Trends and Forecast Analysis by Region
Table 4.1: Market Size and CAGR of Various Regions of the Global Biometric System Market by Value (2011-2016)
Table 4.2: Market Size and CAGR of Various Regions of the Global Biometric System Market by Value (2017-2022)
Table 4.3: Market Trends (2011-2016) for the North American Biometric System Market
Table 4.4: Market Forecast (2017-2022) for the North American Biometric System Market
Table 4.5: Market Size and CAGR of Various Technologies of the North American Biometric System Market (2011-2016)
Table 4.6: Market Size and CAGR of Various Technologies of the North American Biometric System Market (2017-2022)
Table 4.7: Market Trends (2011-2016) for the European Biometric System Market
Table 4.8: Market Forecast (2017-2022) for the European Biometric System Market
Table 4.9: Market Size and CAGR of Various Technologies of the European Biometric System Market (2011-2016)
Table 4.10: Market Size and CAGR of Various Technologies of the European Biometric System Market (2017-2022)
Table 4.11: Market Trends (2011-2016) for the APAC Biometric System Market
Table 4.12: Market Forecast (2017-2022) for the APAC Biometric System Market
Table 4.13: Market Size and CAGR of Various Technologies of the APAC Biometric System Market (2011-2016)
Table 4.14: Market Size and CAGR of Various Technologies of the APAC Biometric System Market (2017-2022)
Table 4.15: Market Trends (2011-2016) for the ROW Biometric System Market
Table 4.16: Market Forecast (2017-2022) for the APAC Biometric System Market
Table 4.17: Market Size and CAGR of Various Technologies of the ROW Biometric System Market (2011-2016)
Table 4.18: Market Size and CAGR of Various Technologies of the ROW Biometric System Market (2017-2022)
 
Chapter 5. Competitor Analysis
Table 5.1: Product Mapping of Biometric System Based on Technology Served
Chapter 6. Growth Opportunities and Strategic Analysis
Table 6.1: New Product Launches by Major Biometric System Producers from 2014 to 2016
Table 6.2: Contracts by Major Biometric System Producers in 2014 to 2016

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  • 3M Cogent, Inc.
  • Bio-Key, International Inc.
  • Cross Match Technologies
  • Fujitsu Frontech Limited
  • Hid Global
  • IriTech, Inc.
  • NEC Corporation
  • Precise Biometrics AB.
  • Safran (Morpho)
  • Suprema Inc.
  • Thales Group
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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