Report Detail

The global biometrics technologies market accounted for US$ 14.60 Bn in 2018 and is expected to grow at a CAGR of 16.2% over the forecast period 2019-2027, to account for US$ 55.42 Bn by 2027.

Presently, the implementation of biometrics systems is gaining momentum in almost every geography across the globe. The global biometrics technologies market is led by the Asia Pacific region as the biometric deployments for air passenger identification in the region are growing at a rapid pace.

The consumer devices industry is witnessing immense growth in both developed and developing countries majorly due to advancements and smart features offered by these devices. In the current scenario, consumer devices are being used by consumers for a plethora of tasks, ranging from banking tasks to online shopping. Consumer devices such as smartphones and tablets have become an integral part of today's’ consumers’ lives. All these devices are becoming smarter with the ongoing technological advancements and integration of advanced technologies such as artificial intelligence (AI) and internet of things (IoT). In addition to all these factors, the market for consumer devices is continuously growing, owing to the fact that manufacturers are regularly coming up with advanced technologies and features such as biometric authentication such as fingerprint, face, iris, and voice recognition. The integration of biometric authentication in smartphones and other devices by large companies such as Google, Apple, Huawei, and Samsung is driving the demand for biometric sensors at an impressive rate.

The global market for biometrics technologies is growing at an exponential rate due to increasing penetration of biometric-enabled consumer devices such as smartphones, tablets, speakers, etc. among consumers worldwide. With the rising demand for digital services such as mobile banking, digital payments, and mobile wallets, the demand for advanced user authentication is growing at a fast pace to ensure security and convenience for customers.
The introduction of biometric capabilities in consumer devices have revolutionized user identification and credentialing in sectors such as banking and finance by reducing risks of payment fraud, identity theft, and other possible frauds. These advantages of mobile biometric-based authentication are expected to drive the growth of the global biometrics technologies market during the forecast period of 2019 to 2027.

The global biometrics technologies market is segmented on technology and application. Based on the technology, the biometrics technologies market is segmented into fingerprint recognition, palm recognition, face recognition, iris recognition, voice recognition, others. Based on application, the biometrics technologies market is bifurcated into the banking and finance, government, healthcare, military & defense, consumer electronics, others. Geographically, the biometrics technologies market is fragmented into five regions, including North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

The well–established market players operating in the biometrics technologies market are Aware, Inc., BIO-key International, Inc., IDEMIA, ImageWare Systems, Inc., Fujitsu Limited, Gemalto NV, Precise Biometrics AB, NEC Corporation, Suprema Inc., and Secunet Security Networks AG.

The overall global biometrics technologies market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global biometrics technologies market. It also provides an overview and forecast for the biometrics technologies market based on all the segmentation provided for the global region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the biometrics technologies market.


TABLE OF CONTENTS

    1. Introduction

    • 1.1 Scope of the Study
    • 1.2 The Insight Partners Research Report Guidance
    • 1.3 Market Segmentation
      • 1.3.1 Global Biometrics Technologies Market – By Technology
      • 1.3.2 Global Biometrics Technologies Market – By Application
      • 1.3.3 Global Biometrics Technologies Market – By Geography

    2. Key Takeaways

      3. Research Methodology

      • 3.1 Coverage
      • 3.2 Secondary Research
      • 3.3 Primary Research

      4. Biometrics Technologies- Market Landscape

      • 4.1 Market Overview
      • 4.2 Ecosystem Analysis
      • 4.3 PEST Analysis
        • 4.3.1 Biometrics Technologies Market – North America PEST Analysis
        • 4.3.2 Biometrics Technologies Market – Europe PEST Analysis
        • 4.3.3 Biometrics Technologies Market – Asia-Pacific PEST Analysis
        • 4.3.4 Biometrics Technologies Market – Middle East and Africa PEST Analysis
        • 4.3.5 Biometrics Technologies Market – South America PEST Analysis

      5. Biometrics Technologies Market – Key Industry Dynamics

      • 5.1 Key Market Drivers
        • 5.1.1 Increasing implementation of biometric technologies for enhanced security and convenience
        • 5.1.2 Rising demand of biometric enabled consumer devices or mobile biometrics
      • 5.2 Key Market Restraints
        • 5.2.1 Data security and privacy issues related to the use biometrics technology
      • 5.3 Key Market Opportunities
        • 5.3.1 Rising adoption of biometrics technologies in large scale government projects
      • 5.4 Future Trends
        • 5.4.1 Growing popularity of Biometrics-as-a-service (BaaS) solutions
      • 5.5 Impact Analysis of Drivers and Restraints

      6. Biometrics Technologies Market– Global Analysis

      • 6.1 Global Biometrics Technologies Market Overview
      • 6.2 Global Biometrics Technologies Market Forecast and Analysis
      • 6.3 Market Positioning- Top Five Players

      7. Biometrics Technologies Market–By Technology

      • 7.1 Overview
      • 7.2 Biometrics Technologies Market Breakdown, By Technology, 2018 & 2027
      • 7.3 Fingerprint Recognition
        • 7.3.1 Overview
        • 7.3.2 Fingerprint Recognition Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.4 Palm Recognition
        • 7.4.1 Overview
        • 7.4.2 Palm Recognition Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.5 Face Recognition
        • 7.5.1 Overview
        • 7.5.2 Face Recognition Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.6 Iris Recognition
        • 7.6.1 Overview
        • 7.6.2 Iris Recognition Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.7 Voice Recognition
        • 7.7.1 Overview
        • 7.7.2 Voice Recognition Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.8 Others
        • 7.8.1 Overview
        • 7.8.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

      8. Biometrics Technologies Market – By Application

      • 8.1 Overview
      • 8.2 Biometrics Technologies Market Breakdown, By Application, 2018 & 2027
      • 8.3 Banking and Finance
        • 8.3.1 Overview
        • 8.3.2 Banking and Finance Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.4 Government
        • 8.4.1 Overview
        • 8.4.2 Government Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.5 Healthcare
        • 8.5.1 Overview
        • 8.5.2 Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.6 Military & Defense
        • 8.6.1 Overview
        • 8.6.2 Military & Defense Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.7 Consumer Electronics
        • 8.7.1 Overview
        • 8.7.2 Consumer Electronics Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.8 Others
        • 8.8.1 Overview
        • 8.8.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

      9. Global Biometrics Technologies Market– Geographical Analysis

      • 9.1 Overview
      • 9.2 North America Biometrics Technologies Market Revenue and Forecast to 2027
        • 9.2.1 Overview
        • 9.2.2 North America Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
        • 9.2.3 North America Biometrics Technologies Market Breakdown by Technology
        • 9.2.4 North America Biometrics Technologies Market Breakdown by Application
        • 9.2.5 North America Biometrics Technologies Market Breakdown, By Key Countries
          • 9.2.5.1 U.S. Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
          • 9.2.5.1.1 U.S. Biometrics Technologies Market Breakdown by Technology
          • 9.2.5.1.2 U.S. Biometrics Technologies Market Breakdown by Application
          • 9.2.5.2 Canada Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
          • 9.2.5.2.1 Canada Biometrics Technologies Market Breakdown by Technology
          • 9.2.5.2.2 Canada Biometrics Technologies Market Breakdown by Application
          • 9.2.5.3 Mexico Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
          • 9.2.5.3.1 Mexico Biometrics Technologies Market Breakdown by Technology
          • 9.2.5.3.2 Mexico Biometrics Technologies Market Breakdown by Application
          • 9.3 Europe Biometrics Technologies Market Revenue and Forecast to 2027
            • 9.3.1 Overview
            • 9.3.2 Europe Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
            • 9.3.3 Europe Biometrics Technologies Market Breakdown by Technology
            • 9.3.4 Europe Biometrics Technologies Market Breakdown by Application
            • 9.3.5 Europe Biometrics Technologies Market Breakdown, By Key Countries
              • 9.3.5.1 France Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
              • 9.3.5.1.1 France Biometrics Technologies Market Breakdown by Technology
              • 9.3.5.1.2 France Biometrics Technologies Market Breakdown by Application
              • 9.3.5.2 Germany Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
              • 9.3.5.2.1 Germany Biometrics Technologies Market Breakdown by Technology
              • 9.3.5.2.2 Germany Biometrics Technologies Market Breakdown by Application
              • 9.3.5.3 Italy Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
              • 9.3.5.3.1 Italy Biometrics Technologies Market Breakdown by Technology
              • 9.3.5.3.2 Italy Biometrics Technologies Market Breakdown by Application
              • 9.3.5.4 U.K. Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
              • 9.3.5.4.1 U.K. Biometrics Technologies Market Breakdown by Technology
              • 9.3.5.4.2 U.K. Biometrics Technologies Market Breakdown by Application
              • 9.3.5.5 Russia Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
              • 9.3.5.5.1 Russia Biometrics Technologies Market Breakdown by Technology
              • 9.3.5.5.2 Russia Biometrics Technologies Market Breakdown by Application
              • 9.3.5.6 Rest of Europe Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
              • 9.3.5.6.1 Rest of Europe Biometrics Technologies Market Breakdown by Technology
              • 9.3.5.6.2 Rest of Europe Biometrics Technologies Market Breakdown by Application
              • 9.4 Asia Pacific Biometrics Technologies Market Revenue and Forecast to 2027
                • 9.4.1 Overview
                • 9.4.2 Asia Pacific Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                • 9.4.3 Asia Pacific Biometrics Technologies Market Breakdown by Technology
                • 9.4.4 Asia Pacific Biometrics Technologies Market Breakdown by Application
                • 9.4.5 Asia Pacific Biometrics Technologies Market Breakdown, By Key Countries
                  • 9.4.5.1 China Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                  • 9.4.5.1.1 China Biometrics Technologies Market Breakdown by Technology
                  • 9.4.5.1.2 China Biometrics Technologies Market Breakdown by Application
                  • 9.4.5.2 Japan Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                  • 9.4.5.2.1 Japan Biometrics Technologies Market Breakdown by Technology
                  • 9.4.5.2.2 Japan Biometrics Technologies Market Breakdown by Application
                  • 9.4.5.3 India Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                  • 9.4.5.3.1 India Biometrics Technologies Market Breakdown by Technology
                  • 9.4.5.3.2 India Biometrics Technologies Market Breakdown by Application
                  • 9.4.5.4 Australia Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                  • 9.4.5.4.1 Australia Biometrics Technologies Market Breakdown by Technology
                  • 9.4.5.4.2 Australia Biometrics Technologies Market Breakdown by Application
                  • 9.4.5.5 South Korea Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                  • 9.4.5.5.1 South Korea Biometrics Technologies Market Breakdown by Technology
                  • 9.4.5.5.2 South Korea Biometrics Technologies Market Breakdown by Application
                  • 9.4.5.6 Rest of APAC Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                  • 9.4.5.6.1 Rest of APAC Biometrics Technologies Market Breakdown by Technology
                  • 9.4.5.6.2 Rest of APAC Biometrics Technologies Market Breakdown by Application
                  • 9.5 Middle East & Africa Biometrics Technologies Market Revenue and Forecast to 2027
                    • 9.5.1 Overview
                    • 9.5.2 Middle East & Africa Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                    • 9.5.3 Middle East & Africa Biometrics Technologies Market Breakdown by Technology
                    • 9.5.4 Middle East & Africa Biometrics Technologies Market Breakdown by Application
                    • 9.5.5 Middle East & Africa Biometrics Technologies Market Breakdown, By Key Countries
                      • 9.5.5.1 UAE Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                      • 9.5.5.1.1 UAE Biometrics Technologies Market Breakdown by Technology
                      • 9.5.5.1.2 UAE Biometrics Technologies Market Breakdown by Application
                      • 9.5.5.2 Saudi Arabia Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                      • 9.5.5.2.1 Saudi Arabia Biometrics Technologies Market Breakdown by Technology
                      • 9.5.5.2.2 Saudi Arabia Biometrics Technologies Market Breakdown by Application
                      • 9.5.5.3 South Africa Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                      • 9.5.5.3.1 South Africa Biometrics Technologies Market Breakdown by Technology
                      • 9.5.5.3.2 South Africa Biometrics Technologies Market Breakdown by Application
                      • 9.5.5.4 Rest of MEA Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                      • 9.5.5.4.1 Rest of MEA Biometrics Technologies Market Breakdown by Technology
                      • 9.5.5.4.2 Rest of MEA Biometrics Technologies Market Breakdown by Application
                      • 9.6 South America Biometrics Technologies Market Revenue and Forecast to 2027
                        • 9.6.1 Overview
                        • 9.6.2 South America Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                        • 9.6.3 South America Biometrics Technologies Market Breakdown by Technology
                        • 9.6.4 South America Biometrics Technologies Market Breakdown by Application
                        • 9.6.5 South America Biometrics Technologies Market Breakdown, By Key Countries
                          • 9.6.5.1 Brazil Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                          • 9.6.5.1.1 Brazil Biometrics Technologies Market Breakdown by Technology
                          • 9.6.5.1.2 Brazil Biometrics Technologies Market Breakdown by Application
                          • 9.6.5.2 Argentina Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                          • 9.6.5.2.1 Argentina Biometrics Technologies Market Breakdown by Technology
                          • 9.6.5.2.2 Argentina Biometrics Technologies Market Breakdown by Application
                          • 9.6.5.3 Rest of South America Biometrics Technologies Market Revenue and Forecast to 2027 (US$ Mn)
                          • 9.6.5.3.1 Rest of SAM Biometrics Technologies Market Breakdown by Technology
                          • 9.6.5.3.2 Rest of SAM Biometrics Technologies Market Breakdown by Application

                          10. Biometrics Technologies Market – Industry Landscape

                          • 10.1 Overview
                          • 10.2 Market Initiative
                          • 10.3 Merger and Acquisition
                          • 10.4 New Development

                          11. Biometrics Technologies Market - Company Profiles

                          • 11.1 Aware Inc.
                            • 11.1.1 Key Facts
                            • 11.1.2 Business Description
                            • 11.1.3 Products and Services
                            • 11.1.4 Financial Overview
                            • 11.1.5 SWOT Analysis
                            • 11.1.6 Key Developments
                          • 11.2 BIO-key International, Inc.
                            • 11.2.1 Key Facts
                            • 11.2.2 Business Description
                            • 11.2.3 Products and Services
                            • 11.2.4 Financial Overview
                            • 11.2.5 SWOT Analysis
                            • 11.2.6 Key Developments
                          • 11.3 Fujitsu Limited
                            • 11.3.1 Key Facts
                            • 11.3.2 Business Description
                            • 11.3.3 Products and Services
                            • 11.3.4 Financial Overview
                            • 11.3.5 SWOT Analysis
                            • 11.3.6 Key Developments
                          • 11.4 Gemalto NV
                            • 11.4.1 Key Facts
                            • 11.4.2 Business Description
                            • 11.4.3 Products and Services
                            • 11.4.4 Financial Overview
                            • 11.4.5 SWOT Analysis
                            • 11.4.6 Key Developments
                          • 11.5 IDEMIA
                            • 11.5.1 Key Facts
                            • 11.5.2 Business Description
                            • 11.5.3 Product and Services
                            • 11.5.4 Financial Overview
                            • 11.5.5 SWOT Analysis
                            • 11.5.6 Key Developments
                          • 11.6 ImageWare Systems, Inc.
                            • 11.6.1 Key Facts
                            • 11.6.2 Business Description
                            • 11.6.3 Products and Services
                            • 11.6.4 Financial Overview
                            • 11.6.5 SWOT Analysis
                            • 11.6.6 Key Developments
                          • 11.7 NEC Corporation
                            • 11.7.1 Key Facts
                            • 11.7.2 Business Description
                            • 11.7.3 Products and Services
                            • 11.7.4 Financial Overview
                            • 11.7.5 SWOT Analysis
                            • 11.7.6 Key Developments
                          • 11.8 Precise Biometrics AB
                            • 11.8.1 Key Facts
                            • 11.8.2 Business Description
                            • 11.8.3 Products and Services
                            • 11.8.4 Financial Overview
                            • 11.8.5 SWOT Analysis
                            • 11.8.6 Key Developments
                          • 11.9 Suprema Inc
                            • 11.9.1 Key Facts
                            • 11.9.2 Business Description
                            • 11.9.3 Products and Services
                            • 11.9.4 Financial Overview
                            • 11.9.5 SWOT Analysis
                            • 11.9.6 Key Developments
                          • 11.10 Secunet Security Networks AG
                            • 11.10.1 Key Facts
                            • 11.10.2 Business Description
                            • 11.10.3 Products and Services
                            • 11.10.4 Financial Overview
                            • 11.10.5 SWOT Analysis
                            • 11.10.6 Key Developments

                          12. Appendix

                          • 12.1 About The Insight Partners
                          • 12.2 Glossary

      Summary:
      Get latest Market Research Reports on Biometrics Technologies. Industry analysis & Market Report on Biometrics Technologies is a syndicated market report, published as Biometrics Technologies Market to 2027 - Global Analysis and Forecasts by Retail Type (Pre-Boarding and Post-Boarding); Shopping Type (Accessories, Alcohol, Beauty Products, Merchandise, and Others); Carrier Type (Full Service Carrier and Low Cost Carrier). It is complete Research Study and Industry Analysis of Biometrics Technologies market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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