Report Detail
Global Biometrics in Retail Market Size, Status and Forecast 2019-2025
- RnM3472581 |
- 11 July, 2019 |
- Global |
- 95 Pages |
- QYResearch |
- Service & Software
With the increasing level of competition day by day, consumer experience management has emerged as a key differentiator between competing organizations in the retail industry. The use of Biometric identification systems has ushered an era of prompt customized service, helping the customer to reap the benefits of technology and the organization to improve their bottom-line. Moreover, biometric access control system can also be used by retail industry to cuts cost and improve efficiencies. The banking industry has already taken a big step in this direction by incorporating biometric technology in their IVR systems. This technology uses biometric voice identification to identify a customer. Once identification is done the customer detail like name, age, and other personal and banking details are pulled from the centralized database dispensing with the need to query the customer on their personal details. Besides improving the customer experience, based biometric IVR system increases the efficiency of the entire system by reducing the average handling time for each customer leading to lower operation costs and better bottom-line.
The increased instances of forgery and product thefts in the retail sector have increased the need for high-level security systems during the forecast period. Since the process of authentication in biometric systems is based on biological characteristics, such as fingerprint, facial, hand geometry, and vein patterns, their augmented implementation by organizations is envisaged to result in market growth during the predicted period. The advent of contactless biometrics is the key driver for the growth of this market. Recently, it has been observed that many organizations are reluctant to adopt contact biometric solutions owing to increased instances of communicable diseases like Ebola and swine influenza. This reluctance has forced vendors to develop equipment like contactless fingerprint scanners that are suitable for organizations, which are specific about their hygiene standards.North America dominated the market share during 2017. The presence of many global restaurant chains and supermarkets in this region are envisaged to bolster growth in this geography during the estimated period.
In 2018, the global Biometrics in Retail market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Biometrics in Retail status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Biometrics in Retail development in United States, Europe and China.
The key players covered in this study
Crossmatch Technologies
Honeywell Security
M2SYS Technology
NEC
Safran
Suprema
...
Market segment by Type, the product can be split into
Fingerprint Identification
Facial Recognition
Hand Geometry
Vein Recognition
Market segment by Application, split into
Online Retail
Offline Retail
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Biometrics in Retail status, future forecast, growth opportunity, key market and key players.
To present the Biometrics in Retail development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Biometrics in Retail are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
- 1.1 Study Scope
- 1.2 Key Market Segments
- 1.3 Players Covered
- 1.4 Market Analysis by Type
- 1.4.1 Global Biometrics in Retail Market Size Growth Rate by Type (2014-2025)
- 1.4.2 Fingerprint Identification
- 1.4.3 Facial Recognition
- 1.4.4 Hand Geometry
- 1.4.5 Vein Recognition
- 1.5 Market by Application
- 1.5.1 Global Biometrics in Retail Market Share by Application (2014-2025)
- 1.5.2 Online Retail
- 1.5.3 Offline Retail
- 1.6 Study Objectives
- 1.7 Years Considered
2 Global Growth Trends
- 2.1 Biometrics in Retail Market Size
- 2.2 Biometrics in Retail Growth Trends by Regions
- 2.2.1 Biometrics in Retail Market Size by Regions (2014-2025)
- 2.2.2 Biometrics in Retail Market Share by Regions (2014-2019)
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
- 2.3.3 Market Opportunities
3 Market Share by Key Players
- 3.1 Biometrics in Retail Market Size by Manufacturers
- 3.1.1 Global Biometrics in Retail Revenue by Manufacturers (2014-2019)
- 3.1.2 Global Biometrics in Retail Revenue Market Share by Manufacturers (2014-2019)
- 3.1.3 Global Biometrics in Retail Market Concentration Ratio (CR5 and HHI)
- 3.2 Biometrics in Retail Key Players Head office and Area Served
- 3.3 Key Players Biometrics in Retail Product/Solution/Service
- 3.4 Date of Enter into Biometrics in Retail Market
- 3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
- 4.1 Global Biometrics in Retail Market Size by Type (2014-2019)
- 4.2 Global Biometrics in Retail Market Size by Application (2014-2019)
5 United States
- 5.1 United States Biometrics in Retail Market Size (2014-2019)
- 5.2 Biometrics in Retail Key Players in United States
- 5.3 United States Biometrics in Retail Market Size by Type
- 5.4 United States Biometrics in Retail Market Size by Application
6 Europe
- 6.1 Europe Biometrics in Retail Market Size (2014-2019)
- 6.2 Biometrics in Retail Key Players in Europe
- 6.3 Europe Biometrics in Retail Market Size by Type
- 6.4 Europe Biometrics in Retail Market Size by Application
7 China
- 7.1 China Biometrics in Retail Market Size (2014-2019)
- 7.2 Biometrics in Retail Key Players in China
- 7.3 China Biometrics in Retail Market Size by Type
- 7.4 China Biometrics in Retail Market Size by Application
8 Japan
- 8.1 Japan Biometrics in Retail Market Size (2014-2019)
- 8.2 Biometrics in Retail Key Players in Japan
- 8.3 Japan Biometrics in Retail Market Size by Type
- 8.4 Japan Biometrics in Retail Market Size by Application
9 Southeast Asia
- 9.1 Southeast Asia Biometrics in Retail Market Size (2014-2019)
- 9.2 Biometrics in Retail Key Players in Southeast Asia
- 9.3 Southeast Asia Biometrics in Retail Market Size by Type
- 9.4 Southeast Asia Biometrics in Retail Market Size by Application
10 India
- 10.1 India Biometrics in Retail Market Size (2014-2019)
- 10.2 Biometrics in Retail Key Players in India
- 10.3 India Biometrics in Retail Market Size by Type
- 10.4 India Biometrics in Retail Market Size by Application
11 Central & South America
- 11.1 Central & South America Biometrics in Retail Market Size (2014-2019)
- 11.2 Biometrics in Retail Key Players in Central & South America
- 11.3 Central & South America Biometrics in Retail Market Size by Type
- 11.4 Central & South America Biometrics in Retail Market Size by Application
12 International Players Profiles
- 12.1 Crossmatch Technologies
- 12.1.1 Crossmatch Technologies Company Details
- 12.1.2 Company Description and Business Overview
- 12.1.3 Biometrics in Retail Introduction
- 12.1.4 Crossmatch Technologies Revenue in Biometrics in Retail Business (2014-2019)
- 12.1.5 Crossmatch Technologies Recent Development
- 12.2 Honeywell Security
- 12.2.1 Honeywell Security Company Details
- 12.2.2 Company Description and Business Overview
- 12.2.3 Biometrics in Retail Introduction
- 12.2.4 Honeywell Security Revenue in Biometrics in Retail Business (2014-2019)
- 12.2.5 Honeywell Security Recent Development
- 12.3 M2SYS Technology
- 12.3.1 M2SYS Technology Company Details
- 12.3.2 Company Description and Business Overview
- 12.3.3 Biometrics in Retail Introduction
- 12.3.4 M2SYS Technology Revenue in Biometrics in Retail Business (2014-2019)
- 12.3.5 M2SYS Technology Recent Development
- 12.4 NEC
- 12.4.1 NEC Company Details
- 12.4.2 Company Description and Business Overview
- 12.4.3 Biometrics in Retail Introduction
- 12.4.4 NEC Revenue in Biometrics in Retail Business (2014-2019)
- 12.4.5 NEC Recent Development
- 12.5 Safran
- 12.5.1 Safran Company Details
- 12.5.2 Company Description and Business Overview
- 12.5.3 Biometrics in Retail Introduction
- 12.5.4 Safran Revenue in Biometrics in Retail Business (2014-2019)
- 12.5.5 Safran Recent Development
- 12.6 Suprema
- 12.6.1 Suprema Company Details
- 12.6.2 Company Description and Business Overview
- 12.6.3 Biometrics in Retail Introduction
- 12.6.4 Suprema Revenue in Biometrics in Retail Business (2014-2019)
- 12.6.5 Suprema Recent Development
13 Market Forecast 2019-2025
- 13.1 Market Size Forecast by Regions
- 13.2 United States
- 13.3 Europe
- 13.4 China
- 13.5 Japan
- 13.6 Southeast Asia
- 13.7 India
- 13.8 Central & South America
- 13.9 Market Size Forecast by Product (2019-2025)
- 13.10 Market Size Forecast by Application (2019-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.1.1 Research Programs/Design
- 15.1.1.2 Market Size Estimation
- 12.1.1.3 Market Breakdown and Data Triangulation
- 15.1.2 Data Source
- 15.1.2.1 Secondary Sources
- 15.1.2.2 Primary Sources
- 15.1.1 Methodology/Research Approach
- 15.2 Disclaimer
Summary:
Get latest Market Research Reports on Biometrics in Retail. Industry analysis & Market Report on Biometrics in Retail is a syndicated market report, published as Global Biometrics in Retail Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Biometrics in Retail market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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