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Global Biometrics Market 2019-2027

  • ID: 4846193
  • Report
  • October 2019
  • Region: Global
  • 203 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

According to this research, the global biometrics market is expected to display a positive market trend over the forecast period of 2019-2027, exhibiting a CAGR of 19.87%.

Biometrics is a technology used for identifying and authenticating information of individual by measuring & analyzing their personal traits or behavioral characteristics. The advanced characteristics of this technology make it a favorable option over conventional PIN-based methods. Biometrics are used to secure the sensitive or personal data of an individual from fraudulent by unique identification technique. The unique features and high security of biometrics have led to the increased adoption of this technology in industries such as healthcare, government, defense, BFSI, transport & immigration and commercial security & non-commercial safety, among others.

Biometric technologies are increasingly being used to cater to the safety & security needs of individuals as well as organizations, owing to the rising number of threats, globally. Biometric authentication offers a reliable solution to enhance access control. Since biometric identification is challenging to elude, the systems using this technology provide a reliable identification & verification mechanism for mitigating the level of transaction frauds & security breaches. Thus, growing concerns pertaining to safety & security are primarily responsible for the growth of the biometrics market. Along with this, factors such as increase in identity threats & related costs and large-scale penetration of smartphones & tablets with biometric capabilities further propel the growth of this market.

Biometrics also play a major role when it comes to e-commerce and e-passports. The consistency in privacy protection and authentication plays a major role in boosting the e-commerce market. Also, the introduction of e-passports has resulted in a decrease in thefts, illegal immigration and trans-border crimes. Such advantages offered by biometric technology will further increase its adoption, thus fueling the growth of the biometrics market. However, the high cost of technology and the challenges of integrating biometrics into existing software curb the growth of this market. Moreover, data security & privacy concerns and the technical limitations associated with the usage biometrics, are challenging the growth of the global biometrics market.

Regional Outlook

The global biometrics market spans across the regions of North America, the Asia-Pacific, Latin America, the Middle East and Africa and Europe.

Online transactions in North America are prominent, owing to the higher internet penetration in the United States and Canada, coupled with the increasing e-commerce sales, which is further augmenting these transactions. These developments are likely to result in the deployment of advanced authentication technologies, such as biometrics. In addition to this, the United States and Canada boast of high scores in the cloud computing policy environment rankings of 2018, featuring in the top ten list. This is expected to pose tremendous opportunities for biometrics across the end-users. Furthermore, technology giants such as Amazon and Microsoft are headquartered in this region, which is expected to push the end-users toward biometrics on cloud. This, in turn, is set to propel the demand for biometrics solutions.

Competitive Outlook

The companies that have been mentioned in the biometrics market report are Siemens AG, Precise Biometrics AB, IDEMIA FRANCE S.A.S., Nuance Communications, Inc., NEC Corporation, M2SYS Technologies, Inc., Iris ID Systems, Inc., ImageWare Systems, HID Global Corporation, Gemalto N.V., Fulcrum Biometrics LLC, Fujitsu Limited, Fingerprint Cards AB, Crossmatch Technologies, Inc. (acquired by HID Global), BIO-key International, Inc. and Aware, Inc.

M2SYS, Inc. provides innovative, scalable & practical software and hardware solutions for biometric identity management. Biometric software & fingerprint SDK’s, fingerprint readers & scanners and cloud-based biometric systems are some of the product solutions provided by the company. The company’s enterprise biometric solutions find applications in areas such as financial services, workforce management, patient identification, educational services, etc. M2SYS’ platform makes it possible for clients to recognize people within any industry, business and medium and shields them from identity theft and fraud. M2SYS offers its products to a multitude of industries that include government, retail, banking, education and healthcare.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

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

4. Global 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. Global 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. Global Biometrics Market – Regional Outlook
6.1. North America
6.1.1. Market By Type
6.1.2. Market By End-Users
6.1.3. Market By Technology
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market By Type
6.2.2. Market By End-Users
6.2.3. Market By Technology
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market By Type
6.3.2. Market By End-Users
6.3.3. Market By Technology
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market By Type
6.4.2. Market By End-Users
6.4.3. Market By Technology
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market By Type
6.5.2. Market By End-Users
6.5.3. Market By Technology
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Turkey
6.5.4.3. Saudi Arabia
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa

7. Competitive Landscape
7.1. Aware, Inc.
7.2. Bio-Key International, Inc.
7.3. Crossmatch Technologies, Inc. (Acquired By Hid Global)
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: Global Biometrics Market, By Geography, 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: Global Biometrics Market, By Type, 2019-2027, (In $ Million)
Table 7: Global Biometrics Market, By End-Users, 2019-2027, (In $ Million)
Table 8: Global Biometrics Market, By Technology, 2019-2027, (In $ Million)
Table 9: Global Biometrics Market, By Geography, 2019-2027, (In $ Million)
Table 10: North America Biometrics Market, By Country, 2019-2027 (In $ Million)
Table 11: North America Biometrics Market, By Type, 2019-2027 (In $ Million)
Table 12: North America Biometrics Market, By End-Users, 2019-2027 (In $ Million)
Table 13: North America Biometrics Market, By Technology, 2019-2027 (In $ Million)
Table 14: Europe Biometrics Market, By Country, 2019-2027 (In $ Million)
Table 15: Europe Biometrics Market, By Type, 2019-2027 (In $ Million)
Table 16: Europe Biometrics Market, By End-Users, 2019-2027 (In $ Million)
Table 17: Europe Biometrics Market, By Technology, 2019-2027 (In $ Million)
Table 18: Asia-Pacific Biometrics Market, By Country, 2019-2027 (In $ Million)
Table 19: Asia-Pacific Biometrics Market, By Type, 2019-2027 (In $ Million)
Table 20: Asia-Pacific Biometrics Market, By End-Users, 2019-2027 (In $ Million)
Table 21: Asia-Pacific Biometrics Market, By Technology, 2019-2027 (In $ Million)
Table 22: Latin America Biometrics Market, By Country, 2019-2027 (In $ Million)
Table 23: Latin America Biometrics Market, By Type, 2019-2027 (In $ Million)
Table 24: Latin America Biometrics Market, By End-Users, 2019-2027 (In $ Million)
Table 25: Latin America Biometrics Market, By Technology, 2019-2027 (In $ Million)
Table 26: Middle East and Africa Biometrics Market, By Country, 2019-2027 (In $ Million)
Table 27: Middle East and Africa Biometrics Market, By Type, 2019-2027 (In $ Million)
Table 28: Middle East and Africa Biometrics Market, By End-Users, 2019-2027 (In $ Million)
Table 29: Middle East and Africa Biometrics Market, By Technology, 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: Global Biometrics Market, By Fixed, 2019-2027 (In $ Million)
Figure 7: Global Biometrics Market, By Mobile, 2019-2027 (In $ Million)
Figure 8: Global Biometrics Market, By Government, 2019-2027 (In $ Million)
Figure 9: Global Biometrics Market, By Transportation, 2019-2027 (In $ Million)
Figure 10: Global Biometrics Market, By BFSI, 2019-2027 (In $ Million)
Figure 11: Global Biometrics Market, By Healthcare, 2019-2027 (In $ Million)
Figure 12: Global Biometrics Market, By IT & Telecommunication, 2019-2027 (In $ Million)
Figure 13: Global Biometrics Market, By Retail, 2019-2027 (In $ Million)
Figure 14: Global Biometrics Market, By Other End-Users, 2019-2027 (In $ Million)
Figure 15: Global Biometrics Market, By Fingerprint Recognition, 2019-2027 (In $ Million)
Figure 16: Global Biometrics Market, By Iris Recognition, 2019-2027 (In $ Million)
Figure 17: Global Biometrics Market, By Facial Recognition, 2019-2027 (In $ Million)
Figure 18: Global Biometrics Market, By Hand Geometry, 2019-2027 (In $ Million)
Figure 19: Global Biometrics Market, By Vein Analysis, 2019-2027 (In $ Million)
Figure 20: Global Biometrics Market, By Voice Recognition, 2019-2027 (In $ Million)
Figure 21: Global Biometrics Market, By Dna Analysis, 2019-2027 (In $ Million)
Figure 22: Global Biometrics Market, By GAIT, 2019-2027 (In $ Million)
Figure 23: Global Biometrics Market, By EEG/ECG, 2019-2027 (In $ Million)
Figure 24: Global 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)
Figure 27: United Kingdom Biometrics Market, 2019-2027 (In $ Million)
Figure 28: Germany Biometrics Market, 2019-2027 (In $ Million)
Figure 29: France Biometrics Market, 2019-2027 (In $ Million)
Figure 30: Spain Biometrics Market, 2019-2027 (In $ Million)
Figure 31: Italy Biometrics Market, 2019-2027 (In $ Million)
Figure 32: Russia Biometrics Market, 2019-2027 (In $ Million)
Figure 33: Rest of Europe Biometrics Market, 2019-2027 (In $ Million)
Figure 34: China Biometrics Market, 2019-2027 (In $ Million)
Figure 35: Japan Biometrics Market, 2019-2027 (In $ Million)
Figure 36: India Biometrics Market, 2019-2027 (In $ Million)
Figure 37: South Korea Biometrics Market, 2019-2027 (In $ Million)
Figure 38: Asean Countries Biometrics Market, 2019-2027 (In $ Million)
Figure 39: Australia & New Zealand Biometrics Market, 2019-2027 (In $ Million)
Figure 40: Rest of Asia-Pacific Biometrics Market, 2019-2027 (In $ Million)
Figure 41: Brazil Biometrics Market, 2019-2027 (In $ Million)
Figure 42: Mexico Biometrics Market, 2019-2027 (In $ Million)
Figure 43: Rest of Latin America Biometrics Market, 2019-2027 (In $ Million)
Figure 44: United Arab Emirates Biometrics Market, 2019-2027 (In $ Million)
Figure 45: Turkey Biometrics Market, 2019-2027 (In $ Million)
Figure 46: Saudi Arabia Biometrics Market, 2019-2027 (In $ Million)
Figure 47: South Africa Biometrics Market, 2019-2027 (In $ Million)
Figure 48: Rest of Middle East & Africa 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 Global)
  • 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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