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North America Biometrics Market 2019-2027

  • ID: 4846187
  • Report
  • October 2019
  • Region: North America
  • 110 pages
  • Triton Market Research
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FEATURED COMPANIES

  • Aware, Inc.
  • Fujitsu Limited
  • Gemalto N.V.
  • Imageware Systems
  • M2Sys Technologies, Inc.
  • Precise Biometrics Ab
  • MORE
Market Outlook

After in-depth research conducted, the finding shows the North America biometrics market to grow progressively with a CAGR of 17.54% in terms of revenue for the forecasting period of 2019 to 2027.

The United States and Canada together constitute the market for biometrics in North America.

The Federal Trade Commission states that identity thefts with respect to the payment & banking sector are highly prevalent in the US, which in turn, will lead to the enhanced adoption of advanced authentication services like biometrics. One of the major objectives for Mastercard was to provide biometric authentication services to every customer by April 2019. This move obligates banks accepting payments via Mastercard to support this identification method. Therefore, if other BFSI industry players incorporate this mechanism, the demand for biometric systems would rise further.

The large number of R&D activities in the US is one of the key reasons why the US has been one of the early adopters of technology. Biometric solutions for authentication purposes and identity verification protocols & systems have long been adopted by the country. Due to their diverse range of applications, biometrics have found a huge market, be it governmental organizations or even multinational banks.

Competitive Outlook

The leading companies in the biometrics market are BIO-key International, Inc., Fingerprint Cards AB, Fulcrum Biometrics LLC, HID Global Corporation, Iris ID Systems, Inc., NEC Corporation, IDEMIA FRANCE S.A.S. and Siemens AG.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aware, Inc.
  • Fujitsu Limited
  • Gemalto N.V.
  • Imageware Systems
  • M2Sys Technologies, Inc.
  • Precise Biometrics Ab
  • MORE
1. North America 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. North America Biometrics Market Outlook – By Type
3.1. Fixed
3.2. Mobile

4. North America 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. North America 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. North America Biometrics Market – Regional Outlook
6.1. United States
6.2. Canada

7. Competitive Landscape
7.1. Aware, Inc.
7.2. Bio-Key International, Inc.
7.3. Crossmatch Technologies, Inc. (Acquired By Hid North America)
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 List
Table 1: North America Biometrics Market, By Country, 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: North America Biometrics Market, By Type, 2019-2027 (In $ Million)
Table 7: North America Biometrics Market, By End-Users, 2019-2027 (In $ Million)
Table 8: North America Biometrics Market, By Technology, 2019-2027 (In $ Million)
Table 9: North America Biometrics Market, By Country, 2019-2027 (In $ Million)

Figure List
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 Cybercrime Cost in Key Geographies, August 2017 (In $ Million)
Figure 6: North America Biometrics Market, By Fixed, 2019-2027 (In $ Million)
Figure 7: North America Biometrics Market, By Mobile, 2019-2027 (In $ Million)
Figure 8: North America Biometrics Market, By Government, 2019-2027 (In $ Million)
Figure 9: North America Biometrics Market, By Transportation, 2019-2027 (In $ Million)
Figure 10: North America Biometrics Market, By BFSI, 2019-2027 (In $ Million)
Figure 11: North America Biometrics Market, By Healthcare, 2019-2027 (In $ Million)
Figure 12: North America Biometrics Market, By IT & Telecommunication, 2019-2027 (In $ Million)
Figure 13: North America Biometrics Market, By Retail, 2019-2027 (In $ Million)
Figure 14: North America Biometrics Market, By Other End-Users, 2019-2027 (In $ Million)
Figure 15: North America Biometrics Market, By Fingerprint Recognition, 2019-2027 (In $ Million)
Figure 16: North America Biometrics Market, By Iris Recognition, 2019-2027 (In $ Million)
Figure 17: North America Biometrics Market, By Facial Recognition, 2019-2027 (In $ Million)
Figure 18: North America Biometrics Market, By Hand Geometry, 2019-2027 (In $ Million)
Figure 19: North America Biometrics Market, By Vein Analysis, 2019-2027 (In $ Million)
Figure 20: North America Biometrics Market, By Voice Recognition, 2019-2027 (In $ Million)
Figure 21: North America Biometrics Market, By Dna Analysis, 2019-2027 (In $ Million)
Figure 22: North America Biometrics Market, By GAIT, 2019-2027 (In $ Million)
Figure 23: North America Biometrics Market, By EEG/ECG, 2019-2027 (In $ Million)
Figure 24: North America 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)
Note: Product cover images may vary from those shown
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  • Aware, Inc.
  • Bio-Key International, Inc.
  • Crossmatch Technologies, Inc. (Acquired By Hid North America)
  • 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. (Safran Identity & Security S.A.S.)
  • Precise Biometrics Ab
  • Siemens Ag
Note: Product cover images may vary from those shown
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