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Biometric Technology Market by Type (Face recognition, Iris recognition, Fingerprint recognition, Hand geometry recognition, Signature recognition, Voice recognition and Middleware recognition) and End User (Public sector, Banking & financial sector, Healthcare, IT & telecommunication and Others) - Global Opportunity Analysis and Industry Forecast, 2015 - 2022

IC_16237
Pages: 127
Jun 2016 | 3415 Views
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Author's : Kalyani Sonawane
Tables: 31
Charts: 93
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Biometric Technology Market Overview:

Biometric Technology Market is expected to garner $35.5 billion by 2022, registering a CAGR of 19.4% during the forecast period 2016-2022. Biometrics technology is used for identification and authentication of individuals by measuring and analyzing their personal traits-fingerprints, iris, hand geometry, voice, face, vascular pattern, palm print, or behavioral characteristics-signature, typing pattern, gait. It is a major industry which forms a significant part of the biometric market.

Biometric technology provides advanced methodology over traditional PIN based methods. This technology is used to secure the sensitive or personal data from fraudulent use of an individual’s possessions, such as ATMs, smart cards, mobile phones or access to desktops, laptops, workstations, or networks by unique identification technique. It uses both physiological as well as psychological traits for identification that makes it beneficial in variety of crucial applications, such as national security, law enforcement, enterprise &e-governance, personal information & business transactions, and others. Biometric systems are designed with a storage component for biometric data samples of individuals and are linked to the information on their identity. Traditional methods could be compromised; for instance, a PIN or password could be forgotten or a key could be lost, but biometric traits are difficult to steal or forget. Owing to its unique characteristics and high security, biometric technology is used in variety of applications in industries, such as defense, government, healthcare, banking & finance, transport & immigration, commercial security, non-commercial safety, and others (hospitality, gaming, automobile, retail).

The global biometric technology market is driven by growing applications of biometric solutions in the commercial & government sectors. Further, the increasing need for enhanced security systems in organizations and use of e-passport &e-visas are the other major factors that are accelerating the market growth. However, biometric technology has its own limitations, such as high initial investments and high cost of biometric devices, technological limitations including image resolution, matching accuracy with physical characteristics, low-quality capture device, and others and fear of privacy intrusion. Evolving multilevel biometric technology, use of biometric technology in e-commerce, and cloud computing have created growth opportunities for prominent players operating in the global biometric market.

Top investment pockets in Global Biometric Technology Market:

Top investment pockets in World Biometric Technology Market

Fingerprint recognition systems are used as a reliable and stable security mechanism in various end-user verticals, such as real estate, government, defense, retail, and others. Fingerprint recognition systems have witnessed wide acceptance in various applications owing to their novel technology, affordable price, and easy usage. The increasing adaptation of fingerprint recognition biometric system in tablets, mobile devices, e-commerce, and cloud computing along with emerging security aspects of fingerprint technology are expected to generate a high demand in the biometric technology market.

Face recognition is a versatile technology, which is expected to show rapid growth during the forecast period owing to its high adoption in retail, defense and law enforcement, and consumer electronics sectors. The demand for face recognition is observed specifically in smartphone applications and social networking integration purposes. Key market players have availed various software that use face recognition technology in the mobile apps, such as iPhone (Apple), digiKam (KDE), and Lightroom (Adobe). Face recognition biometric has a high market potential owing to its integration with 2D & 3D recognition systems as well as its increasing adoption in the retail sector to identify loyal consumers and thieves.

Iris recognition system is one of the most appreciated technologies owing to its speed of operation and resistance to false matches compared with other technologies. It is preferred in various countries for security purposes at crucial places, such as airports, government buildings, point of entries and exits in the country, and other applications. The demand for iris recognition systems is expected to increase during the forecast period owing to its higher adoption in multiple end-user verticals.

Market Segments: Biometric Technology Market

Biometric technology market is segmented on the basis of type, end user, and geography. The market is segmented into two types based on physical and behavioral characteristics. The biometric technology based on physical characteristics is further segmented into face recognition, iris recognition, fingerprint recognition, hand geometry recognition, and others (DNA, ear), while the technology based on behavioral characteristics is further segmented into signature recognition, voice recognition, middleware recognition, and others (keystroke, handwriting).

The end users of the biometric technology industry include defense, government, banking & finance, healthcare, transport & immigration, commercial security, non-commercial safety & security, and others (hospitality, gaming, automobile, retail). The biometric market size has also been studied across the regions North America, Europe, Asia-Pacific, and LAMEA.

Global biometric technology market by geography:

Asia-Pacific

Asia-Pacific market is among the fastest-growing markets for biometric technology. ASEAN countries have started standardizing their security screening systems for entrance in the country. Thailand’s police department has implemented facial recognition systems at all border checkpoints, while Singapore’s Changi Airport is considering wearable touch along with facial recognition systems at airports. Various market players are keen to expand their market presence by establishing themselves in Asian markets. For instance, Daon, a Japanese global system integrator, extended its contribution in biometric border control system in developing countries of Asia; Precise biometric, another leading market player has strengthened its position in Asia through license agreement with Chipone, an active distributor of fingerprint sensors in Asia.

Key Benefits

  • This biometrics industry report provides an in-depth knowledge of the biometric technology market to elucidate opportunities in the market.
  • Current trends and future estimations have been outlined to determine the overall market potential and single out profitable trends to gain a stronger foothold.
  • A quantitative analysis of the current market trends and forecast from 2016 to 2022 has been provided to highlight the financial competency of the biometric technology market.
  • Porter’s five forces analysis of the industry illustrates the potency of buyers and suppliers operating in the market.
  • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

Biometric Technology Market Key Segments:

By Type

  • Based on physical characteristics
    • Face recognition
    • Iris recognition
    • Fingerprint recognition
    • Hand geometry recognition
    • Others (DNA, ear)
  • Based on behavioral characteristics
    • Signature recognition
    • Voice recognition
    • Middleware recognition
    • Others (keystroke, handwriting)

By End User

  • Public sector
  • Banking & financial sector
  • Healthcare
  • IT & telecommunication
  • Others (hospitality, retail, automotive)

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Singapore
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1 INTRODUCTION

1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology

1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools and Models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO Perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market Definition and Scope
3.2 Key Findings

3.2.1 Top Impacting Factors
3.2.2 Top Winning Strategies
3.2.3 Top Investment Pockets

3.3 Value Chain Analysis

3.3.1 Core Technology
3.3.2 Physical Components Manufacturer
3.3.3 Integrated Biometric Devices
3.3.4 Marketing and Distribution
3.3.5 End Users

3.4 Porters Five Forces Analysis

3.4.1 Highly Fragmented Market and Irrelevance Between Prices of Final Product & Components Lead to Moderate Bargaining Power of Suppliers
3.4.2 Availability of Various Technologies and Products by Large Number of Players Leads to High Bargaining Power of Buyers
3.4.3 Large Number of Market Players Leads to Intense Rivalry Among Competitors
3.4.4 Significant Presence of Conventional Methods for Security and Safety Creates Moderate Threat from Substitutes
3.4.5 Huge Growth Potential and Development in Biometric Technology Leads to High Threat from New Entrants

3.5 Market Share Analysis, 2015
3.6 Drivers

3.6.1 Growing Applications of Biometric Technology in Commercial and Government Sectors
3.6.2 Increasing Concern for Safety and Security
3.6.3 Unique Technology with Easy Usage
3.6.4 Rising Standards of Living
3.6.5 Budding Developments in Emerging Markets

3.7 Restraints

3.7.1 High Initial Investments and Cost of Devices
3.7.2 Technological Limitations
3.7.3 Fear of Privacy Intrusion

3.8 Opportunities

3.8.1 Evolving Multilevel Biometric Technology
3.8.2 Flourishing Use in E-commerce and Cloud Computing

Chapter: 4 BIOMETRIC TECHNOLOGY MARKET, BY TYPE

4.1 Market Size and Forecast
4.2 Physiological Biometric

4.2.1 Market Size and Forecast
4.2.2 Fingerprint Recognition

4.2.2.1 Key Trends
4.2.2.2 Key Growth Factors and Opportunities
4.2.2.3 Market Size and Forecast

4.2.3 Face Recognition

4.2.3.1 Key trends
4.2.3.2 Key Growth Factors and Opportunities
4.2.3.3 Market Size and Forecast

4.2.4 Iris Recognition

4.2.4.1 Key Trends
4.2.4.2 Key Growth Factors and Opportunities
4.2.4.3 Market Size and Forecast

4.2.5 Hand Geometry Recognition

4.2.5.1 Key Trends
4.2.5.2 Key Growth Factors and Opportunities
4.2.5.3 Market Size and Forecast

4.2.6 Others (Ear, DNA)

4.2.6.1 Key Trends
4.2.6.2 Key Growth Factors and Opportunities
4.2.6.3 Market Size and Forecast

4.3 Behavioral Biometric

4.3.1 Market Size and Forecast
4.3.2 Signature Recognition

4.3.2.1 Key Trends
4.3.2.2 Key Growth Factors and Opportunities
4.3.2.3 Market Size and Forecast

4.3.3 Voice Recognition

4.3.3.1 Key Trends
4.3.3.2 Key Growth Factors and Opportunities
4.3.3.3 Market Size and Forecast

4.3.4 Others (Odor, Keystroke)

4.3.4.1 Key Trends
4.3.4.2 Key Growth Factors and Opportunities
4.3.4.3 Market Size and Forecast

Chapter: 5 BIOMETRIC TECHNOLOGY MARKET, BY END USER

5.1 Market Size and Forecast
5.2 Public Sector

5.2.1 Key Trends
5.2.2 Key Growth Factors and Opportunities
5.2.3 Market Size and Forecast

5.3 Banking & Financial Sector

5.3.1 Key Trends
5.3.2 Key Growth Factors and Opportunities
5.3.3 Market Size and Forecast

5.4 Healthcare

5.4.1 Key Trends
5.4.2 Key Growth Factors and Opportunities
5.4.3 Market Size and Forecast

5.5 IT & Telecommunication

5.5.1 Key Trends
5.5.2 Key Growth Factors and Opportunities
5.5.3 Market Size and Forecast

5.6 Others (Hospitality, Retail, Automotive)

5.6.1 Key Trends
5.6.2 Key Growth Factors and Opportunities
5.6.3 Market Size and Forecast

Chapter: 6 BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY

6.1 North America

6.1.1 Key Trends
6.1.2 Key Growth Factors and Opportunities
6.1.3 Market Size and Forecast

6.1.3.1 U.S.

6.1.3.1.1 MARKET SIZE AND FORECAST

6.1.3.2 Canada

6.1.3.2.1 MARKET SIZE AND FORECAST

6.1.3.3 Mexico

6.1.3.3.1 MARKET SIZE AND FORECAST

6.2 Europe

6.2.1 Key Trends
6.2.2 Key Growth Factors and Opportunities
6.2.3 Market Size and Forecast

6.2.3.1 United Kingdom

6.2.3.1.1 MARKET SIZE AND FORECAST

6.2.3.2 Germany

6.2.3.2.1 MARKET SIZE AND FORECAST

6.2.3.3 France

6.2.3.3.1 MARKET SIZE AND FORECAST

6.2.3.4 Spain

6.2.3.4.1 MARKET SIZE AND FORECAST

6.2.3.5 Italy

6.2.3.5.1 MARKET SIZE AND FORECAST

6.2.3.6 Rest of Europe

6.2.3.6.1 MARKET SIZE AND FORECAST

6.3 Asia-Pacific

6.3.1 Key Trends
6.3.2 Key Growth Factors and Opportunities
6.3.3 Market Size and Forecast

6.3.3.1 China

6.3.3.1.1 MARKET SIZE AND FORECAST

6.3.3.2 Japan

6.3.3.2.1 MARKET SIZE AND FORECAST

6.3.3.3 India

6.3.3.3.1 MARKET SIZE AND FORECAST

6.3.3.4 Singapore

6.3.3.4.1 MARKET SIZE AND FORECAST

6.3.3.5 South Korea

6.3.3.5.1 MARKET SIZE AND FORECAST

6.3.3.6 Rest of Asia-Pacific

6.3.3.6.1 MARKET SIZE AND FORECAST

6.4 LAMEA

6.4.1 Key Trends
6.4.2 Key Growth Factors and Opportunities
6.4.3 Market Size and Forecast

6.4.3.1 Latin America

6.4.3.1.1 MARKET SIZE AND FORECAST

6.4.3.2 Middle East

6.4.3.2.1 MARKET SIZE AND FORECAST

6.4.3.3 Africa

6.4.3.3.1 MARKET SIZE AND FORECAST

Chapter: 7 COMPANY PROFILES

7.1 3M Company (Cogent Systems, Inc.)

7.1.1 Company Overview
7.1.2 Business Performance
7.1.3 Strategic Moves and Developments of 3M Company
7.1.4 3M Company: SWOT Analysis

7.2 Fujitsu Frontech Limited

7.2.1 Company Overview
7.2.2 Business Performance
7.2.3 Strategic Moves and Developments of Fujitsu Limited
7.2.4 Fujitsu Limited: SWOT Analysis

7.3 ImageWare Systems, Inc.

7.3.1 Company Overview
7.3.2 Business Performance
7.3.3 Strategic Moves and Development of ImageWare Systems, Inc.
7.3.4 ImageWare Systems, Inc.: SWOT Analysis

7.4 Suprema, Inc.

7.4.1 Company Overview
7.4.2 Business Performance
7.4.3 Strategic Moves and Developments of Suprema, Inc.
7.4.4 Suprema, Inc.: SWOT Analysis

7.5 Safran S.A.

7.5.1 Company Overview
7.5.2 Business Performance
7.5.3 Strategic Moves and Development of Safran S.A.
7.5.4 Safran S.A.: SWOT Analysis

7.6 secunet Security Networks AG

7.6.1 Company Overview
7.6.2 Business Performance
7.6.3 Strategic Moves and Development of secunet Security Networks AG
7.6.4 Secunet Security Networks AG: SWOT Analysis

7.7 Thales S.A.

7.7.1 Company Overview
7.7.2 Business Performance
7.7.3 Strategic Moves and Developments of Thales S.A.
7.7.4 Thales S.A.: SWOT Analysis

7.8 BIO-key International, Inc.

7.8.1 Company Overview
7.8.2 Business Performance
7.8.3 Strategic Moves and Development of BIO-key International, Inc.
7.8.4 BIO-key International, Inc.: SWOT Analysis

7.9 NEC Corporation

7.9.1 Company Overview
7.9.2 Business Performance
7.9.3 Strategic Moves and Development of NEC Corporation
7.9.4 NEC Corporation: SWOT Analysis

7.10 Precise Biometrics

7.10.1 Company Overview
7.10.2 Business Performance
7.10.3 Strategic Moves and Developments of Precise Biometrics
7.10.4 Precise Biometrics: SWOT Analysis

List of Figures

FIG. 1 TOP WINNING STRATEGIES IN BIOMETRIC TECHNOLOGY MARKET (PERCENTAGE COMPARISON) (2012 - 2015)
FIG. 2 TOP WINNING STRATEGIES IN BIOMETRIC TECHNOLOGY MARKET, 2012 - 2015
FIG. 3 TOP INVESTMENT POCKETS IN BIOMETRIC TECHNOLOGY MARKET, 2015 - 2022
FIG. 4 VALUE CHAIN ANALYSIS OF BIOMETRIC TECHNOLOGY MARKET
FIG. 6 GDP PER CAPITA PPP FOR MAJOR COUNTRIES IN THE WORLD
FIG. 7 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD BIOMETRIC TECHNOLOGY MARKET BY TYPE, 2015 & 2022 (%)
FIG. 7 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD PHYSIOLOGICAL BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 8 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD PHYSIOLOGICAL BIOMETRIC TECHNOLOGY MARKET BY TYPE, 2015 & 2022 (%)
FIG. 9 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD FINGERPRINT BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 10 WORLD FINGERPRINT BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 11 WORLD FINGERPRINT BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 12 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD FACE BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 13 WORLD FACE BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 14 WORLD FACE BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 15 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD IRIS BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 16 WORLD IRIS BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 17 WORLD IRIS BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 18 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HAND GEOMETRY BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 19 WORLD HAND GEOMETRY BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 20 WORLD HAND GEOMETRY BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 22 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD OTHERS BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 23 WORLD OTHER PHYSIOLOGICAL BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 24 WORLD OTHER PHYSIOLOGICAL BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 25 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD BEHAVIORAL BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 26 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD BEHAVIORAL BIOMETRIC TECHNOLOGY MARKET BY TYPE, 2015 & 2022 (%)
FIG. 27 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD SIGNATURE BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 28 WORLD SIGNATURE BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 29 WORLD SIGNATURE BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 30 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD VOICE BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 32 WORLD VOICE BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 33 WORLD VOICE BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 34 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD OTHER BEHAVIORAL BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 35 WORLD OTHER BEHAVIORAL BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 36 WORLD OTHER BEHAVIORAL BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 37 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD BIOMETRIC TECHNOLOGY MARKET BY END USER, 2015 & 2022 (%)
FIG. 38 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD PUBLIC SECTOR BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 39 WORLD PUBLIC SECTOR BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 40 WORLD PUBLIC SECTOR BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 41 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD BANKING & FANANCIAL BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 42 WORLD BANKING & FINANCIAL SECTOR BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 43 WORLD BANKING & FINANCIAL SECTOR BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 44 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD HEALTHCARE BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 45 WORLD HEALTHCARE BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 46 WORLD HEALTHCARE BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 47 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD IT & TELECOMMUNICATION BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 48 WORLD IT & TELECOMMUNICATION BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 49 WORLD IT & TELECOMMUNICATION BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 50 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD OTHER END USERS BIOMETRIC TECHNOLOGY MARKET, 2015 & 2022 (%)
FIG. 51 WORLD OTHER END USERS BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 52 WORLD OTHER END USERS BIOMETRIC TECHNOLOGY MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 - 2022 (%)
FIG. 53 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD SMART MATERIAL MARKET BY REGION, 2015 & 2022 (%)
FIG. 54 COMPARITIVE MARKET SHARE ANALYSIS OF NORTH AMERICA BIOMETRIC TECHNOLOGY MARKET BY COUNTRY, 2015 & 2022 (%)
FIG. 55 NORTH AMERICA BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 56 COMPARITIVE MARKET SHARE ANALYSIS OF NORTH AMERICA BIOMETRIC TECHNOLOGY MARKET BY END USER, 2015 & 2022 (%)
FIG. 57 COMPARITIVE MARKET SHARE ANALYSIS OF EUROPE BIOMETRIC TECHNOLOGY MARKET BY COUNTRY, 2015 & 2022 (%)
FIG. 58 EUROPE BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 59 COMPARITIVE MARKET SHARE ANALYSIS OF EUROPE BIOMETRIC TECHNOLOGY MARKET BY END USER, 2015 & 2022 (%)
FIG. 60 COMPARITIVE MARKET SHARE ANALYSIS OF ASIA-PACIFIC BIOMETRIC TECHNOLOGY MARKET BY COUNTRY, 2015 & 2022 (%)
FIG. 61 ASIA-PACIFIC BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 62 COMPARITIVE MARKET SHARE ANALYSIS OF ASIA-PACIFIC BIOMETRIC TECHNOLOGY MARKET BY END USER, 2015 & 2022 (%)
FIG. 63 COMPARITIVE MARKET SHARE ANALYSIS OF LAMEA BIOMETRIC TECHNOLOGY MARKET BY COUNTRY, 2015 & 2022 (%)
FIG. 64 LAMEA BIOMETRIC TECHNOLOGY MARKET REVENUE, 2015 - 2022 ($BILLION)
FIG. 65 COMPARITIVE MARKET SHARE ANALYSIS OF LAMEA BIOMETRIC TECHNOLOGY MARKET BY END USER, 2015 & 2022 (%)
FIG. 66 3M COMPANY: NET SALES, 2012 - 2015 ($MILLION)
FIG. 67 3M COMPANY: NET SALES, BY BUSINESS SEGMENTS, 2015 (%)
FIG. 68 3M COMPANY: NET SALES, BY GEOGRAPHY, 2015 (%)
FIG. 69 3M COMPANY: SWOT ANALYSIS
FIG. 70 FUJITSU FRONTECH LIMITED: NET SALES, 2012 - 2015 ($MILLION)
FIG. 71 FUJITSU FRONTECH LIMITED: SWOT ANALYSIS
FIG. 72 IMAGEWARE SYSTEMS, INC.: REVENUE 2012 - 2015 ($MILLION)
FIG. 73 IMAGEWARE SYSTEMS, INC.: SWOT ANALYSIS
FIG. 74 SUPREMA, INC.: SALES, 20122014 ($MILLION)
FIG. 75 SUPREMA, INC.: SWOT ANALYSIS
FIG. 76 SAFRAN S.A.: REVENUE, 2012 - 2015 ($MILLION)
FIG. 77 SAFRAN S.A.: REVENUE, BY BUSINESS SEGMENTS, 2015 (%)
FIG. 78 SAFRAN S.A.: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 79 SAFRAN S.A.: SWOT ANALYSIS
FIG. 80 SECUNET SECURITY NETWORKS AG: SWOT ANALYSIS
FIG. 81 THALES S.A.: SALES, 2012 - 2015 ($MILLION)
FIG. 82 THALES S.A.: SALES, BY BUSINESS SEGMENT, 2015 (%)
FIG. 83 THALES S.A.: SALES, BY GEOGRAPHY, 2015 (%)
FIG. 84 THALES S.A.: SWOT ANALYSIS
FIG. 85 BIO-KEY INTERNATIONAL, INC.: REVENUE, 2012 - 2015 ($MILLION)
FIG. 86 BIO-KEY INTERNATIONAL, INC.: SWOT ANALYSIS
FIG. 87 NEC CORPORATION: SALES, 2012 - 2015 ($MILLION)
FIG. 88 PUBLIC BUSINESS SEGMENT OF NEC CORPORATION: SALES, 20132015 ($MILLION)
FIG. 89 NEC CORPORATION: SALES, BY BUSINESS SEGMENTS, 2015 (%)
FIG. 90 NEC CORPORATION: SWOT ANALYSIS
FIG. 91 PRECISE BIOMETRICS: NET SALES, 2012 - 2015 ($MILLION)
FIG. 92 PRECISE BIOMETRICS: NET SALES, BY BUSINESS SEGMENTS, 2015 (%)
FIG. 93 PRECISE BIOMETRICS: SWOT ANALYSIS

List of Tables

TABLE 1 BIOMETRIC TECHNOLOGY MARKET, BY TYPE, 2015 - 2022 ($BILLION)
TABLE 2 PHYSIOLOGICAL BIOMETRIC TECHNOLOGY MARKET, BY TYPE, 2015 - 2022 ($BILLION)
TABLE 3 PHYSIOLOGICAL BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 4 FINGERPRINT BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 5 FACE BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 6 IRIS BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 7 HAND GEOMETRY BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 8 WOLRD OTHER PHYSIOLOGICAL BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 9 BEHAVIOURAL BIOMETRIC TECHNOLOGY MARKET, BY TYPE, 2015 - 2022
TABLE 10 BEHAVIOURAL BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 11 SIGNATURE BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 12 WORLD VOICE BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 13 OTHERS BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 14 BIOMETRIC TECHNOLOGY MARKET, BY END USER, 2015 - 2022
TABLE 15 PUBLIC SECTOR BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 16 WORLD BANKING & FINANCIAL SECTOR BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 17 WORLD HELATHCARE BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 18 WORLD IT & TELECOMMUNICATION BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 19 OTHERS BIOMETRIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2015 - 2022
TABLE 20 NORTH AMERICA BIOMETRIC TECHNOLOGY MARKET, BY END USER, 2015 - 2022
TABLE 21 NORTH AMERICA BIOMETRIC TECHNOLOGY MARKET, BY COUNTRY, 2015 - 2022
TABLE 22 EUROPE BIOMETRIC TECHNOLOGY MARKET, BY END USER, 2015 - 2022
TABLE 23 EUROPE SMART MATERIAL MARKET REVENUE, BY COUNTRY, 2015 - 2022 ($BILLION)
TABLE 24 ASIA-PACIFIC BIOMETRIC TECHNOLOGY MARKET, BY END USER, 2015 - 2022
TABLE 25 ASIA-PACIFIC BIOMETRIC TECHNOLOGY MARKET REVENUE, BY COUNTRY, 2015 - 2022 ($BILLION)
TABLE 26 LAMEA BIOMETRIC TECHNOLOGY MARKET, BY END USER, 2015 - 2022
TABLE 27 LAMEA BIOMETRIC TECHNOLOGY MARKET REVENUE, BY COUNTRY, 2015 - 2022 ($BILLION)
TABLE 28 3M COMPANY (COGENT SYSTEMS, INC.): SNAPSHOT
TABLE 29 FUJITSU LIMITED: SNAPSHOT
TABLE 30 IMAGEWARE SYSTEMS, INC.: SNAPSHOT
TABLE 31 SUPREMA, INC.: SNAPSHOT
TABLE 32 SAFRAN S.A.: SNAPSHOT
TABLE 33 SECUNET SECURITY NETWORKS AG: SNAPSHOT
TABLE 34 THALES S.A.: SNAPSHOT
TABLE 35 BIO-KEY INTERNATIONAL INC.: SNAPSHOT
TABLE 36 NEC CORPORATION: SNAPSHOT
TABLE 37 PRECISE BIOMETRICS: SNAPSHOT

 

The world biometric technology market is projected to grow at a considerable rate during the forecast period. North America is the highest revenue-generating region, which is expected to continue its dominance. The market in Asia-Pacific region is projected to grow at the highest CAGR over the analysis period, owing to growing adoption of advanced security and authentication solutions in various end-user verticals such as healthcare, public sector, and manufacturing sector.

The market for iris recognition biometric solutions is projected to grow at the highest CAGR as imminent time of iris recognition solutions is much less than other physical recognition biometrics solutions. Furthermore, increasing popularity of contactless iris scanning solutions at vehicle checkpoints and airport security is anticipated to boost the market growth during the forecast period.

Biometric solutions have gained huge popularity in various end-user verticals such as public sector, healthcare sector, and banking & financial sector, owing to rising focus on digitization, growing technological awareness, and to improve customer experience. Increasing government initiatives to deploy advanced security solutions is anticipated to create significant growth opportunities for major players.

Key players operating in the market are projected to emphasize on continuous increment on R&D activities to come up with advanced biometric solutions that can ensure higher security and privacy. In addition, these players are anticipated to concentrate on acquisitions & mergers to increase their global footprints and profit margins.

 

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