Biometric System Market by Authentication Type (Single-Factor: Fingerprint, Iris, Palm Print, Face, Voice; Multi-Factor), Offering (Hardware, Software), Functionality (Contact, Noncontact, Combined), End User, and Region - Global Forecast to 2024

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Date: 25-Oct-2019
No. of pages: 191
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“Biometric system market to grow at 14.6% CAGR from 2019 to 2024”

The global biometric system market size is expected to grow from USD 33.0 billion in 2019 to USD 65.3 billion by 2024; it is projected to grow at a CAGR of 14.6% during the forecast period. The need for biometric systems is mainly driven by the increasing use of biometrics in consumer electronics devices to provide seamless access over different applications, rising number of government initiatives to adopt biometrics, growing need for surveillance and security due to the threats of terrorist attacks, and increasing penetration of biometric technology in automotive and enterprise applications. However, high deployment cost inhibits the growth of the biometric system industry.

Single-factor authentication segment to hold largest market share during forecast period

The larger market for single-factor authentication is owing to its convenience, cost-effectiveness, and fast responsiveness. Single-factor authentication technologies, such as fingerprint, face, and iris, are among the most prominent technologies, especially in government, travel & immigration, and banking applications. Significant adoption of facial recognition and fingerprint recognition solutions in consumer electronics devices has spurred the demand for single-factor authentication-based biometric systems. Increasing awareness regarding and adoption of surveillance cameras for facial recognition have propelled the market for facial recognition in recent years. Facial recognition technology is deployed on a large scale for identification management. For instance, several airports in countries such as the UK, US, and China have integrated facial recognition systems to enhance security.

Combined functionality type segment to grow at highest CAGR during forecast period

The highest CAGR of the combined segment is attributed to the increasing need for efficient and reliable biometrics. Multimodal biometrics guard against spoofing or forgery through multi-level authentication.
Many countries, such as the US, India, and the UK, have adopted multimodal authentication systems (a combination of two or three biometrics modalities, using the contact or non-contact functionalities) for security checkpoints on the country borders owing to increasing threats of terrorist activities.

Consumer electronics to hold largest size of biometric system market during forecast period

The consumer electronics industry is one of the continuously evolving industries. This industry has been witnessing new developments in recent years at a rapid pace. Alexa, a voice assistance speaker, or smartphones equipped with facial and fingerprint recognition are the well-known examples of such developments. Biometrics is one of the revolutionary technologies in the consumer electronics sector, owing to its security and cost-effectiveness.

Breakdown of primary participants’ profile:


  • By Company Type: Tier 1 – 50%, Tier 2 – 30%, and Tier 3 – 20%

  • By Designation: C-Level Executives – 45%, Directors – 35%, and Others – 20%

  • By Region: North America – 40%, Europe – 30%, APAC – 20%, and RoW – 10%


Thales Group (Thales) (France), Safran (France), NEC Corporation (NEC) (Japan), ASSA ABLOY AB (ASSA ABLOY) (Sweden), and Fujitsu Ltd. (Fujitsu) (Japan) are among the leading players in the biometric system market.

Research Coverage:

Various market segments covered in this report include by authentication type, functionality type, offering, end user, and region. It also provides a detailed view of the market across 4 main regions: North America, Europe, APAC, and RoW.

Reasons to Buy the Report:


  • This report includes statistics pertaining to the biometric system market by authentication type, functionality type, offering, end user, and region along.

  • Major drivers, restraints, opportunities, and challenges pertaining to the biometric system market have been provided in detail in this report.

  • The report includes illustrative segmentation, analysis, and forecast for the biometric system market based on its segments and subsegments.

Biometric System Market by Authentication Type (Single-Factor: Fingerprint, Iris, Palm Print, Face, Voice; Multi-Factor), Offering (Hardware, Software), Functionality (Contact, Noncontact, Combined), End User, and Region - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply Side)
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Biometric System Market Opportunities
4.2 Market, By Single-Factor Authentication
4.3 Market in APAC,  By End User and Country
4.4 Biometrics Market, By Multi-Factor Authentication
4.5 Market in APAC, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of Biometrics in Consumer Electronics Devices to Provide Seamless Access Over Different Applications
5.2.1.2 Rising Number of Government Initiatives to Adopt Biometrics
5.2.1.3 Growing Need for Surveillance and Security Owing to Threats of Terrorist Attacks
5.2.1.4 Proliferation of Biometric Technology in Automotive Enterprise Applications
5.2.1.5 Increased Convenience, Secure Identity Management, and Superior Human Resource Management
5.2.2 Restraints
5.2.2.1 High Deployment Cost
5.2.3 Opportunities
5.2.3.1 Technological Developments
5.2.4 Challenges
5.2.4.1 Data Security Concerns
5.3 Value Chain Analysis

6 Biometric System Market, By Authentication Type
6.1 Introduction
6.2 Single-Factor Authentication
6.2.1 Fingerprint Recognition
6.2.1.1 AFIS
6.2.1.1.1 Large Market for AFIS is Owing to Its Adoption By Law Enforcement Agencies
6.2.1.2 Non-AFIS
6.2.1.2.1 Increasing Consumer Awareness for Biometrics to Drive the Adoption of Non-AFIS Technology
6.2.2 Iris Recognition
6.2.2.1 Iris Recognition is Largely Being Adopted for Identification and Authentication Purposes Due to Increasing Government Initiatives
6.2.3 Palm Print Recognition
6.2.3.1 Increased Level of Accuracy and Security to Drive the Adoption of Palm Print Recognition Solutions
6.2.4 Face Recognition
6.2.4.1 Growing Need for Surveillance and Increasing Adoption of Video Analytics Capabilities are Driving the Market for Face Recognition
6.2.5 Vein Recognition
6.2.5.1 Need for High Security in Applications Such as Banking, Immigration, Etc., to Drive the Vein Recognition Market
6.2.6 Signature Recognition
6.2.6.1 Noninvasive Nature and Better Convenience of Signature Recognition to Drive Its Adoption in Near Future
6.2.7 Voice Recognition
6.2.7.1 Increasing Accuracy of Voice Recognition Through Integration of AI to Boost the Market of Voice Recognition
6.2.8 Others
6.2.8.1 Dna Recognition
6.2.8.1.1 Dna Recognition Technology is Being Adopted for Applications Such as Forensic Sciences, Healthcare, and Criminal Investigations
6.2.8.2 Keystroke Recognition
6.2.8.2.1 Keystroke Recognition is One of the Leading Behavioral Biometric Technology
6.2.8.3 Gait Recognition
6.2.8.3.1 Gait Recognition is Widely Used for Long-Distance Verification
6.2.8.4 Otoacoustic Emissions
6.2.8.4.1 Otoacoustic Emission is One of the Most Innovative and Emerging Biometric Technology
6.3 Multi-Factor Authentication
6.3.1 Smart Card With Biometrics
6.3.1.1 Smart Card With Biometrics is One of the Leading Advanced Secured Authentication Technologies
6.3.2 Pin With Biometrics
6.3.2.1 Pin With Biometrics is One of the Most Common Multi-Factor Authentication Methods
6.3.3 Multimodal Biometric
6.3.3.1 Two-Factor Authentication
6.3.3.2 Three-Factor Authentication

7 Biometric System Market, By Offering
7.1 Introduction
7.2 Hardware
7.2.1 Fingerprint Readers
7.2.1.1 Fingerprint Readers to Hold Largest Share of Biometric Hardware Component Market
7.2.2 Scanners
7.2.2.1 Demand for Increased Accuracy to Drive the Adoption of Scanners
7.2.3 Cameras
7.2.3.1 Increasing Market of Facial Recognition to Drive Camera Segment of Biometric Hardware Market
7.2.4 Other
7.3 Software
7.3.1 Software Market Expected to Grow at A Higher CAGR During Forecast Period

8 Biometric System Market, By Functionality
8.1 Introduction
8.2 Contact Functionality
8.2.1 Contact Functionality Biometrics to Hold Largest Market Share During Forecast Period
8.3 Non-Contact Functionality
8.3.1 Non-Contact Biometric Functionality is Widely Used for Non-Touch Verification
8.4 Combined Functionality
8.4.1 Combined Biometric Functionality Segment to Grow at Highest Rate Owing to High Security and Accuracy

9 Biometric System Market, By End User
9.1 Introduction
9.2 Government
9.2.1 Increasing Government Initiatives for Public Safety to Drive Biometrics Market in Government
9.3 Military & Defense
9.3.1 Biometrics Adoption in Military & Defense is Increasing to Eradicate Security Concerns
9.4 Healthcare
9.4.1 Need to Bring Efficiency in Clinical Processes and Improve Diagnosis and Treatment Drive the Biometrics Adoption in Healthcare
9.5 Banking & Finance
9.5.1 Ease in Access to Financial Services Through Biometric Systems to Drive the Adoption of Biometric Systems in Banking & Finance Sector
9.6 Consumer Electronics
9.6.1 Adoption of Biometrics in Consumer Electronics is Growing Owing to the Seamless Access to Multiple Features and Cost-Effectiveness
9.7 Travel & Immigration
9.7.1 Increasing Security Concerns of Various Nations to Drive Biometric Systems Adoption in Travel & Immigration
9.8 Automotive
9.8.1 Rising Preference for Advanced Electronics and Demand for Increased Convenience and Security to Drive Adoption of Biometrics in Automotive Sector
9.9 Security
9.9.1 Residential Security
9.9.1.1 Emergence of IoT and Wireless Technologies and Increasing Consumer Awareness to Drive the Biometrics Adoption in Residential Security
9.9.2 Commercial Security
9.9.2.1 Rising Security Concerns Among Enterprises to Drive Biometric System Market in Commercial Security Applications
9.10 Others

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 US Holds Largest Share of Market in  North America
10.2.2 Canada
10.2.2.1 Canada Holds Significant Growth Opportunities for Market in North America Owing to High Investments in Biometric Infrastructure
10.2.3 Mexico
10.2.3.1 Market in Mexico to Grow Owing to Increasing Political Stability and Openness for Investments
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany Holds Largest Share of European Market
10.3.2 UK
10.3.2.1 Market in UK to Grow With Increasing Government Initiatives for Biometrics Adoption
10.3.3 France
10.3.3.1 Increasing Presence of Biometric System Manufacturers to Drive the Market in France
10.3.4 Italy
10.3.4.1 Market in Italy to Grow at Highest CAGR During Forecast Period
10.3.5 Rest of Europe
10.4 APAC
10.4.1 China
10.4.1.1 China Holds Largest Share of Market in APAC
10.4.2 Japan
10.4.2.1 Presence of Leading Biometric Companies to Drive Adoption of Biometric Systems in Japan
10.4.3 South Korea
10.4.3.1 Growing Adoption of Biometrics in Consumer Electronics to Drive Market in South Korea
10.4.4 India
10.4.4.1 Increasing Government Initiatives Expected to Drive Market in India
10.4.5 Rest of APAC
10.5 RoW
10.5.1 South America
10.5.1.1 Growing Economy to Contribute to Market Growth in  South America
10.5.2 Middle East & Africa
10.5.2.1 Growing Investments in Economic Development to Drive the Market in Middle East & Africa

11 Competitive Landscape
11.1 Overview
11.2 Ranking Analysis
11.3 Competitive Scenario
11.3.1 Product Developments and Launches
11.3.2 Partnerships, Agreements, and Collaborations
11.3.3 Acquisitions
11.3.4 Investments and Expansions
11.4 Competitive Leadership Mapping
11.4.1 Visionary Leaders
11.4.2 Dynamic Differentiators
11.4.3 Innovators
11.4.4 Emerging Companies

12 Company Profiles
12.1 Key Companies
(Business Overview, Products and Solutions Offered, Recent Developments, SWOT Analysis, and MnM View)
12.1.1 Thales
12.1.2 Safran
12.1.3 NEC
12.1.4 ASSA Abloy
12.1.5 Fujitsu
12.1.6 Precise Biometrics
12.1.7 Secunet Security Networks
12.1.8 Stanley Black & Decker
12.1.9 Aware
12.1.10 Cognitec Systems
12.2 Other Key Companies
12.2.1 Daon
12.2.2 Facebanx
12.2.3 Bio-Key International
12.2.4 Securiport
12.2.5 M2sys Technology
12.2.6 Suprima
12.2.7 Fulcrum Biometrics
12.2.8 Vasco Data Security International
12.2.9 Qualcomm
12.2.10 Integrated Biometrics

*Details on Business Overview, Products and Solutions Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights From Industry Experts
13.2 Questionnaire
13.3 Knowledge Store: Marketsandmarkets’  Subscription Portal
13.4 Available Customizations
13.5 Related Report
13.6 Author Details

List of Tables

Table 1 Biometric System Market, By Authentication Type, 2016–2024 (USD Billion)
Table 2 Single-Factor Authentication : Market, By Type, 2016–2024 (USD Million)
Table 3 Single-Factor Authentication : Market, By End User,  2016–2024 (USD Million)
Table 4 Single-Factor : Market for Security, By Type, 2016–2024 (USD Million)
Table 5 Fingerprint Recognition : Market, By End User, 2016–2024 (USD Million)
Table 6 Fingerprint Recognition : Market for Security, By Type, 2016–2024 (USD Million)
Table 7 Fingerprint Recognition : Market, By Region, 2016–2024 (USD Million)
Table 8 Fingerprint Recognition : Market, By Type, 2016–2024 (USD Million)
Table 9 Iris Recognition : Market, By End User, 2016–2024 (USD Million)
Table 10 Iris Recognition : Market for Security, By Type, 2016–2024 (USD Million)
Table 11 Iris Recognition : Market, By Region, 2016–2024 (USD Million)
Table 12 Palm Print Recognition : Market, By End User, 2016–2024 (USD Million)
Table 13 Palm Print Recognition : Market for Security, By Type,  2016–2024 (USD Million)
Table 14 Palm Recognition : Market, By Region, 2016–2024 (USD Million)
Table 15 Face Recognition : Market, By End User, 2016–2024 (USD Million)
Table 16 Face Recognition : Market for Security, By Type,  2016–2024 (USD Million)
Table 17 Face Recognition : Market, By Region, 2016–2024 (USD Million)
Table 18 Vein Recognition : Market, By End User, 2016–2024 (USD Million)
Table 19 Vein Recognition : Market for Security, By Type, 2016–2024 (USD Million)
Table 20 Vein Recognition : Market, By Region, 2016–2024 (USD Million)
Table 21 Signature Recognition : Market, By End User, 2016–2024 (USD Million)
Table 22 Signature Recognition : Market for Security, By Type,  2016–2024 (USD Thousand)
Table 23 Signature Recognition Biometric System Market, By Region, 2016–2024 (USD Thousand)
Table 24 Voice Recognition : Market, By End User, 2016–2024 (USD Million)
Table 25 Voice Recognition : Market for Security, By Type,  2016–2024 (USD Million)
Table 26 Voice Recognition Biometric System Market, By Region, 2016–2024 (USD Million)
Table 27 Other Recognition Technologies : Market, By End User, 2016–2024 (USD Million)
Table 28 Other Recognition Technologies : Market for Security,  By Type, 2016–2024 (USD Thousand)
Table 29 Other Recognition Technologies Biometric System Market, By Region,  2016–2024 (USD Million)
Table 30 Market for Multi-Factor Authentication, By Type,  2016–2024 (USD Million)
Table 31 Multi-Factor Authentication Biometric System Market, By End User,  2016–2024 (USD Million)
Table 32 Multi-Factor Authentication : Market for Security, By Type, 2016–2024 (USD Million)
Table 33 Smart Card With Biometrics Market, By End User, 2016–2024 (USD Thousand)
Table 34 Smart Card With Biometrics Market for Security, By Type, 2016–2024 (USD Million)
Table 35 Smart Card With Biometrics Market, By Region, 2016–2024 (USD Million)
Table 36 Pin With Biometrics Market, By End User, 2016–2024 (USD Million)
Table 37 Pin With Biometrics Market for Security, By Type, 2016–2024 (USD Million)
Table 38 Pin With Biometrics Market, By Region, 2016–2024 (USD Million)
Table 39 Multimodal Biometric System Market, By Type, 2016–2024 (USD Million)
Table 40 Multimodal Market, By End User, 2016–2024 (USD Million)
Table 41 Multimodal Biometric Security System Market, By Type, 2016–2024 (USD Million)
Table 42 Multimodal Biometric Market, By Region, 2016–2024 (USD Million)
Table 43 Market, By Offering, 2016–2024 (USD Billion)
Table 44 Market for Hardware, By Component, 2016–2024 (USD Billion)
Table 45 Biometrics Market, By Function Type, 2016–2024 (USD Billion)
Table 46 Contact Functionality-Based Market, By Single-Factor Authentication Type, 2016–2024 (USD Million)
Table 47 Contact Functionality-Based Market, By End User,  2016–2024 (USD Million)
Table 48 Contact Functionality-Based Market for Security, By Type, 2016–2024 (USD Million)
Table 49 Non-Contact Functionality-Based Market, By Authentication Type, 2016–2024 (USD Billion)
Table 50 Non-Contact Functionality-Based Market, By End User, 2016–2024 (USD Million)
Table 51 Non-Contact Functionality-Based Market for Security,  By Type, 2016–2024 (USD Million)
Table 52 Combined Functionality-Based Market, By Authentication Type, 2016–2024 (USD Billion)
Table 53 Combined Functionality-Based Market, By End User,  2016–2024 (USD Million)
Table 54 Combined Functionality-Based Market for Security,  By Type, 2016–2024 (USD Million)
Table 55 Market, By End User, 2016–2024 (USD Billion)
Table 56 Market for Security, By Type, 2016–2024 (USD Million)
Table 57 Single-Factor Authentication Market for Government,  By Type, 2016–2024 (USD Million)
Table 58 Multi-Factor Authentication Market for Government,  By Type, 2016–2024 (USD Million)
Table 59 Government Market, By Function Type, 2016–2024 (USD Million)
Table 60 Market for Government, By Region, 2016–2024 (USD Million)
Table 61 Single-Factor Authentication Market for Military & Defense, By Type, 2016–2024 (USD Million)
Table 62 Multi-Factor Authentication Market for Military & Defense, By Type, 2016–2024 (USD Million)
Table 63 Military & Defense Market, By Function Type, 2016–2024 (USD Million)
Table 64 Market for Military & Defense, By Region, 2016–2024 (USD Million)
Table 65 Single-Factor Authentication Market for Healthcare,  By Type, 2016–2024 (USD Million)
Table 66 Multi-Factor Authentication Market for Healthcare,  By Type, 2016–2024 (USD Million)
Table 67 Healthcare Market, By Function Type, 2016–2024 (USD Million)
Table 68 Market for Healthcare, By Region, 2016–2024 (USD Million)
Table 69 Single-Factor Authentication Market for Healthcare,  By Type, 2016–2024 (USD Million)
Table 70 Multi-Factor Authentication Market for Healthcare,  By Type, 2016–2024 (USD Million)
Table 71 Banking & Finance Market, By Function Type, 2016–2024 (USD Million)
Table 72 Market for Banking & Finance, By Region, 2016–2024 (USD Million)
Table 73 Single-Factor Authentication Market for Consumer Electronics, By Type, 2016–2024 (USD Million)
Table 74 Multi-Factor Authentication Market for Consumer Electronics, By Type, 2016–2024 (USD Million)
Table 75 Consumer Electronics Market, By Function Type,  2016–2024 (USD Million)
Table 76 Market for Consumer Electronics, By Region, 2016–2024 (USD Million)
Table 77 Single-Factor Authentication Market for Travel & Immigration, By Type, 2016–2024 (USD Million)
Table 78 Multi-Factor Authentication Market for Travel & Immigration, By Type, 2016–2024 (USD Million)
Table 79 Travel & Immigration Market, By Function Type,  2016–2024 (USD Million)
Table 80 Market for Travel & Immigration, By Region, 2016–2024 (USD Million)
Table 81 Single-Factor Authentication Market for Automotive,  By Type, 2016–2024 (USD Million)
Table 82 Multi-Factor Authentication Market for Automotive,  By Type, 2016–2024 (USD Thousand)
Table 83 Automotive Market, By Function Type, 2016–2024 (USD Million)
Table 84 Market for Automotive, By Region, 2016–2024 (USD Million)
Table 85 Single-Factor Authentication Market for Security,  By Type, 2016–2024 (USD Million)
Table 86 Multi-Factor Authentication Market for Security, By Type, 2016–2024 (USD Million)
Table 87 Security Market, By Function Type, 2016–2024 (USD Million)
Table 88 Market for Security, By Region, 2016–2024 (USD Million)
Table 89 Single-Factor Authentication Market for Residential Security, By Type, 2016–2024 (USD Thousand)
Table 90 Multi-Factor Authentication Market for Residential Security, By Type, 2016–2024 (USD Thousand)
Table 91 Residential Security Market, By Function Type, 2016–2024 (USD Million)
Table 92 Market for Residential Security, By Region, 2016–2024 (USD Million)
Table 93 Single-Factor Authentication Market for Commercial Security, By Type, 2016–2024 (USD Million)
Table 94 Multi-Factor Authentication Market for Commercial Security, By Type, 2016–2024 (USD Million)
Table 95 Commercial Security Market, By Function Type,  2016–2024 (USD Million)
Table 96 Market for Commercial Security, By Region, 2016–2024 (USD Million)
Table 97 Single-Factor Authentication Market for Others, By Type, 2016–2024 (USD Million)
Table 98 Multi-Factor Authentication Market for Others, By Type, 2016–2024 (USD Million)
Table 99 Others Market, By Function Type, 2016–2024 (USD Million)
Table 100 Others Market, By Region, 2016–2024 (USD Million)
Table 101 Biometric System Market, By Region, 2016–2024 (USD Million)
Table 102 Single-Factor Authentication Market, By Region,  2016–2024 (USD Million)
Table 103 Multi-Factor Authentication Market, By Region,  2016–2024 (USD Million)
Table 104 Market in North America, By End User, 2016–2024 (USD Million)
Table 105 Market in North America, By Single-Factor Authentication, 2016–2024 (USD Million)
Table 106 Market in North America, By Multi-Factor Authentication, 2016–2024 (USD Million)
Table 107 Market in North America, By Country, 2016–2024 (USD Billion)
Table 108 Market in Europe, By End User, 2016–2024 (USD Million)
Table 109 Market in Europe, By Single-Factor Authentication,  2016–2024 (USD Million)
Table 110 Market in Europe, By Multi-Factor Authentication,  2016–2024 (USD Million)
Table 111 Market in Europe, By Country, 2016–2024 (USD Billion)
Table 112 Market in APAC, By End User, 2016–2024 (USD Million)
Table 113 Market in APAC, By Single-Factor Authentication,  2016–2024 (USD Million)
Table 114 Market in APAC, By Multi-Factor Authentication,  2016–2024 (USD Million)
Table 115 Market in APAC, By Country, 2016–2024 (USD Billion)
Table 116 Market in RoW, By End User, 2016–2024 (USD Million)
Table 117 Market in RoW, By Single-Factor Authentication,  2016–2024 (USD Thousand)
Table 118 Market in RoW, By Multi-Factor Authentication,  2016–2024 (USD Million)
Table 119 Market in RoW, By Region, 2016–2024 (USD Billion)
Table 120 Ranking Analysis of Top 5 Players in Market
Table 121 Product Developments and Launches, 2018–2019
Table 122 Partnerships, Agreements, and Collaborations, 2018–2019
Table 123 Acquisition, 2016–2019
Table 124 Investments and Expansions, 2016–2018

List of Figures

Figure 1 Biometric System Market Segmentation
Figure 2 Research Flow
Figure 3 Biometric System Market: Research Design
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Multi-Factor Authentication Segment to Grow at Highest CAGR During Forecast Period
Figure 8 Contact Functionality Type Segment Expected to have Largest Market Size During Forecast Period
Figure 9 Software Segment to Grow at Highest CAGR During Forecast Period
Figure 10 Consumer Electronics Segment to Hold Largest Share of Market
Figure 11 Market in RoW to Grow at Highest CAGR During Forecast Period
Figure 12 Market Players to Witness Attractive Growth Opportunities During Forecast Period
Figure 13 Market for Other Biometrics Expected to Grow at Highest CAGR During Forecast Period
Figure 14 Consumer Electronics and China Were Largest Markets for Biometric Systems in APAC in 2018
Figure 15 Market for Pin With Biometrics Likely to Hold Largest Share Among Multi-Factor Authentication Technologies During Forecast Period
Figure 16 India Market to Register Highest CAGR in  APAC During Forecast Period
Figure 17 Increasing Use of Biometrics in Consumer Electronics Devices to Drive Market
Figure 18 Value Chain: Market, 2018
Figure 19 Multi-Factor Authentication Factor Segment to Grow at Higher CAGR During Forecast Period
Figure 20 Market for Other Biometrics to Grow at Highest CAGR During Forecast Period
Figure 21 AFIS Likely to Hold Largest Market Share During Forecast Period
Figure 22 Face Recognition Market for Travel & Immigration Likely to Hold Largest Share During Forecast Period
Figure 23 Government Sector to Hold Largest Share of Multi-Factor Market During Forecast Period
Figure 24 Two-Factor Authentication Likely to Hold Largest Share of Multimodal Market During Forecast Period
Figure 25 Software Segment to Grow at Higher CAGR During Forecast Period Compared With Hardware Segment
Figure 26 Hardware Market for Camera to Grow at Highest CAGR During Forecast Period
Figure 27 Contact Functionality to Hold Largest Market Size  During Forecast Period
Figure 28 Non-Contact Market for Voice Recognition to Grow at Highest CAGR During Forecast Period
Figure 29 Government Segment Likely to Hold Largest Share of Market During Forecast Period
Figure 30 Market for Government in RoW to Grow at Highest CAGR During Forecast Period
Figure 31 Other Biometrics Technology Market for Healthcare to Grow the Highest CAGR During Forecast Period
Figure 32 Market for Banking & Finance in Europe to Grow at Highest CAGR During Forecast Period
Figure 33 Fingerprint Recognition to Hold Largest Share of Market for Travel & Immigration During Forecast Period
Figure 34 Fingerprint Recognition to Hold Largest Share of Market for Automotive During Forecast Period
Figure 35 Pin With Biometrics to Hold Largest Share of Commercial Security Market During Forecast Period
Figure 36 Geographic Snapshot: China and India Emerging as Potential Markets for Biometric Systems During Forecast Period
Figure 37 Market in RoW to Grow at Highest CAGR During Forecast Period
Figure 38 North America Market Snapshot
Figure 39 Europe Market Snapshot
Figure 40 APAC Market Snapshot
Figure 41 Companies Adopted Product Developments and Launches as Key Growth Strategies Over the Last 4 Years (2016–2019)
Figure 42 Market (Global) Competitive Leadership Mapping, 2018
Figure 43 Thales: Company Snapshot
Figure 44 Safran: Company Snapshot
Figure 45 NEC: Company Snapshot
Figure 46 ASSA Abloy: Company Snapshot
Figure 47 Fujitsu: Company Snapshot
Figure 48 Precise Biometrics: Company Snapshot
Figure 49 Secunet Security Networks: Company Snapshot
Figure 50 Stanley Black & Decker: Company Snapshot
Figure 51 Aware: Company Snapshot

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    According to our LPI (LP Information) latest study, the global Face Recognition Device market size was valued at US$ 1300.1 million in 2023. With growing demand in downstream market, the Face Recognition Device is forecast to a readjusted size of US$ 4179.4 million by 2030 with a CAGR of 18.2% during review period. The research report highlights the growth potential of the global Face Recognition Device market. Face Recognition Device are expected to show stable growth in the future mark......
  • Global Time and Attendance Systems Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 136
    According to our LPI (LP Information) latest study, the global Time and Attendance Systems market size was valued at US$ 2457.2 million in 2023. With growing demand in downstream market, the Time and Attendance Systems is forecast to a readjusted size of US$ 4151.5 million by 2030 with a CAGR of 7.8% during review period. The research report highlights the growth potential of the global Time and Attendance Systems market. Time and Attendance Systems are expected to show stable growth in ......
  • Global Face Recognition Systems Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 82
    According to our LPI (LP Information) latest study, the global Face Recognition Systems market size was valued at US$ 866.3 million in 2023. With growing demand in downstream market, the Face Recognition Systems is forecast to a readjusted size of US$ 2127.3 million by 2030 with a CAGR of 13.7% during review period. The research report highlights the growth potential of the global Face Recognition Systems market. Face Recognition Systems are expected to show stable growth in the future m......
  • Global Electronic Access Control Systems Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 158
    According to our LPI (LP Information) latest study, the global Electronic Access Control Systems market size was valued at US$ 24850 million in 2023. With growing demand in downstream market, the Electronic Access Control Systems is forecast to a readjusted size of US$ 48290 million by 2030 with a CAGR of 10.0% during review period. The research report highlights the growth potential of the global Electronic Access Control Systems market. Electronic Access Control Systems are expected to......
  • Global Face Recognition Device Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
    Published: 01-Jan-2024        Price: US 3480 Onwards        Pages: 138
    According to our (Global Info Research) latest study, the global Face Recognition Device market size was valued at USD 1367.5 million in 2023 and is forecast to a readjusted size of USD 4042.5 million by 2030 with a CAGR of 16.7% during review period. A facial recognition device stems from a purpose-built combination of high-end hardware components and efficient software to automatically identify or verify a person from a digital image, as required in several Security and Surveillance in......
  • Global Multi-Modal Biometrics Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
    Published: 28-Dec-2023        Price: US 3380 Onwards        Pages: 100
    Market Overview of Global Multi-Modal Biometrics market: According to our latest research, the global Multi-Modal Biometrics market looks promising in the next 5 years. As of 2022, the global Multi-Modal Biometrics market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years. Multi-modal biometrics are systems that are capable of using more than one physiological or behavioral characteristic for enr......
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