Biometrics System Market by Type (Unimodal and Multimodal), by Biometric Sensor (Physiological and Behavioral), by Component( Hardware and Software) by End Use industry (Military & Defense, Corporates), by Region (Asia-Pacific, North America, Europe, Middle East & Africa) – Global Forecast From 2019 To 2024

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Biometrics System Market: Summary

The global biometrics system market is estimated to reach USD 66.4 Billion in 2024 at a CAGR of 15.6%. Increasing adoption of creating biometric identities of citizens is expected to drive the biometrics system market during the forecast period. However, high implementation and maintenance cost is expected to restrain the market during the forecast period. Ear shape thermography based biometric system is expected to become an opportunity for biometrics system market.

Biometric systemis one of the most prominent system in terms of identifying and authenticating the individuals in very short period. Biometric systems depends on particular data about unique biological traits in order to work effectively.Contrary to passwords biometric data cannot be exchanged or forged. Some key players in Biometric System are NEC Corporation, Gemalto NV, ASSA Abloy AB, id3 Technologies, and Idemia, among others.
Biometrics System Market

Biometrics System Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global biometrics system market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of type, the market is segmented into unimodal and multimodal. By biometric sensor, the biometrics system market is segmented into physiological and behavioral. By component, biometrics system market is segmented into hardware and software. By end use industry, biometrics system market is segmented into law enforcement and public security, military and defense, civil identification, healthcare and subsidies, corporate, and commercial applications.

Biometrics System Market: Report Scope

The report on the biometrics system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

 

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2017-2024

Base Year for Market Calculation

2018

Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million)

Segments Included

Type, Biometric Sensor, Component, End use Industry

Regional Coverage

Asia-Pacific, North America, Europe, Middle East & Africa, South America

Companies Covered

  • NEC Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Gemalto NV
  • ASSA Abloy AB
  • id3 Technologies
  • IDEMIA
  • Aware, Inc.
  • Innovatrics
  • Stanley Black & Decker, Inc.
  • Precise Biometrics
  • Other Key Companies

Biometrics System Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Biometrics System Market by Type

  • Unimodal
  • Multimodal

Biometrics System Market, by Biometric Sensor

  • Physiological
    • Fingerprint Recognition
    • Face Recognition
    • Iris Recognition
    • DNA Matching
    • Vein Pattern Recognition
  • Behavioral
    • Voice Recognition
    • Signature Recognition

Biometrics System Market by Component

  • Hardware
    • Readers
    • Scanners
    • Cameras
  • Software
    • Cloud Base
    • Software Development Kit (SDK)

Biometrics System Market by End Use Industry

  • Law Enforcement and Public Security
  • Military and Defense
  • Civil Identification
  • Healthcare and Subsidies
  • Corporate
  • Commercial Applications

Biometrics System Market by Region

  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Taiwan
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Spain
    • The Netherlands
    • Rest of Europe
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the biometric system market and its growth?
  • What will be the effects of the developments in the biometric system market on the industry and on the market players in the near and far future?
  • What are the evolving types of the biometric system market?
  • What are the evolving applications of biometric system market?
  • What are the major characteristics that will affect the biometric system market growth during the study period?
  • Who are the key players operating in the biometric system market?
  • How are the major players leveraging in the existing market conditions?

Report Audience

  • Biometric System Market Providers
  • Biometric System Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Biometric System Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE BIOMETRICS SYSTEM MARKET STUDY

1      INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                 4.2.1.    Increasing Adoption of Creating Biometric Identities of Citizens

                                 4.2.2.    Corporates Leveraging Biometric Identification

4.3       Restraints

                                 4.3.1.    High Implementation and Maintenance Cost

4.4       Opportunities

                                 4.4.1.    Ear Shape Thermography based Biometric System

4.5       Challenges

                                 4.5.1.    Technical Complexity

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      GLOBAL BIOMETRIC SYSTEM MARKET BY TYPE, Market Size in USD Million (2017—2024)

6.1       Introduction

6.2       Unimodal

6.3       Multimodal                  

7      GLOBAL BIOMETRIC SYSTEM MARKET BY BIOMETRIC SENSOR, Market Size in USD Million (2017—2024)

7.1       Introduction

7.2       Physiological

                                  7.2.1    Fingerprint Recognition

                                  7.2.2    Face Recognition

                                  7.2.3    Iris Recognition

                                  7.2.4    DNA Matching

                                  7.2.5    Vein Pattern Recognition

7.3       Behavioral

                                  7.3.1    Voice Recognition

                                  7.3.2    Signature Recognition

8      GLOBAL BIOMETRIC SYSTEM MARKET BY COMPONENT, Market Size in USD Million (2017—2024)

8.1       Introduction

8.2       Hardware

                                  8.2.1    Readers

                                  8.2.2    Scanners

                                  8.2.3    Cameras

8.3       Software

                                  8.3.1    Cloud Base

                                  8.3.2    Software Development Kit (SDK)

9      GLOBAL BIOMETRIC SYSTEM MARKET BY END USE INDUSTRY, Market Size in USD Million (2017—2024)

9.1       Introduction

9.2       Law Enforcement and Public Security

9.3       Military and Defense

9.4       Civil Identification

9.5       Healthcare and Subsidies

9.6       Corporate

9.7       Commercial Applications

10   GLOBAL BIOMETRIC SYSTEM MARKET BY REGION, Market Size in USD Million (2017—2024)

10.1     North America

                                10.1.1    US

                                10.1.2    Canada

                                10.1.3    Mexico

10.2     Europe

                                10.2.1    Germany

                                10.2.2    France

                                10.2.3    Italy

                                10.2.4    UK

                                10.2.5    Spain

                                10.2.6    The Netherlands

                                10.2.7    Rest of Europe

10.3     Asia-Pacific

                                10.3.1    China

                                10.3.2    Japan

                                10.3.3    India

                                10.3.4    South Korea

                                10.3.5    Taiwan

                                10.3.6    Rest of Asia-Pacific

10.4     Middle East

                                10.4.1    Saudi Arabia

                                10.4.2    UAE

                                10.4.3    Rest of Middle East

10.5     South America

                                10.5.1    Brazil

                                10.5.2    Argentina

                                10.5.3    Rest of South America

11   COMPETITIVE LANDSCAPE

11.1     Introduction

11.2     Market Ranking/Share Analysis of Key Companies

11.3     Company Benchmarking

12   COMPANY PROFILES

12.1     NEC Corporation

                                12.1.1    Company Overview

                                12.1.2    Financial Overview

                                12.1.3    Products/Solutions/Services Offered

                                12.1.4    Key Developments

                                12.1.5    SWOT Analysis

12.2     Gemalto NV

12.3     ASSA Abloy AB

12.4     id3 Technologies

12.5     IDEMIA

12.6     Aware, Inc.

12.7     Innovatrics

12.8     Stanley Black & Decker, Inc.

12.9     Precise Biometrics

12.10  Safran

12.11  Other Key Companies

13   APPENDIX

13.1     Key Industry Expert Insights

13.2     Primary Discussion Guide

13.3     Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

 

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

 

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Research Design

Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.

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Key Questions Answered by the Report

  • Major factors impacting the market and its growth
  • Evolving Types of the various products in the Market
  • Evolving Application of the various products in the Market
  • Growing countries in the Global Market
  • Effects of the developments in the market on the industry and on the market players
  • Key market developments undertaken by the leading players

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