Report cover image

Biometrics Market by Functionality Type (Combined Functionality, Contact Functionality, Noncontact Functionality), Authentication Type (Multifactor Authentication, Single-Factor Authentication), Component, Industry, Deployment - Global Forecast 2023-2030

Publisher 360iResearch
Published Oct 05, 2023
Length 185 Pages
SKU # IRE18313242

Description

Biometrics Market by Functionality Type (Combined Functionality, Contact Functionality, Noncontact Functionality), Authentication Type (Multifactor Authentication, Single-Factor Authentication), Component, Industry, Deployment - Global Forecast 2023-2030


The Biometrics Market is projected to reach USD 98.92 billion by 2030 from USD 30.08 billion in 2022, at a CAGR of 16.04% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Biometrics Market.
  • Based on Functionality Type, market is studied across Combined Functionality, Contact Functionality, and Noncontact Functionality. The Noncontact Functionality is projected to witness significant market share during forecast period.
  • Based on Authentication Type, market is studied across Multifactor Authentication and Single-Factor Authentication. The Multifactor Authentication is further studied across Multimodal Biometrics, Pin With Biometrics, and Smart Card With Biometrics. The Multimodal Biometrics is further studied across Three-Factor Biometrics and Two-Factor Biometrics. The Single-Factor Authentication is further studied across Face Recognition, Fingerprint Recognition, Iris Recognition, Palm Print Recognition, Signature Recognition, Vein Recognition, and Voice Recognition. The Fingerprint Recognition is further studied across AFIS and Non-AFIS. The Multifactor Authentication is projected to witness significant market share during forecast period.
  • Based on Component, market is studied across Hardware and Software. The Hardware is further studied across Camera, Readers, and Scanners. The Hardware is projected to witness significant market share during forecast period.
  • Based on Industry, market is studied across Aerospace & Defense, Agriculture, Automotive & Transportation, Building, Construction & Real Estate, Chemicals & Advanced Material, Consumer Goods & Retail, Energy & Utilities, Food & Beverage, Healthcare & Life Sciences, Information Technology, Packaging, and Semiconductor & Electronics. The Aerospace & Defense is projected to witness significant market share during forecast period.
  • Based on Deployment, market is studied across On-Cloud and On-Premise. The On-Premise is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Biometrics Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Biometrics Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Biometrics Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Accu-Time Systems, Inc., Assa Abloy AB, Aware, Inc., BIO-key International, Bioenable Technologies Pvt. Limited, Cognitec Systems, GmbH, Daon, Inc., DERMALOG Identification Systems GmbH, DigitalPersona, Inc., Fujitsu Limited, Goggle LLC by Alphabet, Inc., HID Global Corporation, Hitachi Corporation, Honeywell International Inc., IDEMIA Group, Imageware Systems, Inc., International Business Machine Corporation, IrisGuard UK Limited, Leidos, Inc., M2sys Technology, Mastercard International Incorporated, Microsoft Corporation, NEC Corporation, Nuance Communications Inc., Oracle Corporation, S.I.C. Biometrics Global Inc., Siemens AG, Suprema, Inc., and Thales Group.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Biometrics Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Biometrics Market?
  3. What is the competitive strategic window for identifying opportunities in the Biometrics Market?
  4. What are the latest technology trends and regulatory frameworks in the Biometrics Market?
  5. What is the market share of the leading vendors in the Biometrics Market?
  6. Which modes and strategic moves are suitable for entering the Biometrics Market?


Note: PDF & Excel + Online Access - 1 Year

Table of Contents

185 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Biometrics Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increase instances of terror activities and impactful thefts
5.1.1.2. Government initiatives supporting the deployment of biometrics
5.1.1.3. Growing advancements in biometric access control systems
5.1.2. Restraints
5.1.2.1. Rapid technology evolution and high deployment cost
5.1.3. Opportunities
5.1.3.1. Introduction of multimodal biometric authentication system
5.1.3.2. Emerging integration of biometric with other security systems
5.1.4. Challenges
5.1.4.1. Data privacy and security issues associated with biometrics
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
5.10.1. Next-Generation Biometrics
5.10.2. Iris/eyes Recognition in Payments
6. Biometrics Market, by Functionality Type
6.1. Introduction
6.2. Combined Functionality
6.3. Contact Functionality
6.4. Noncontact Functionality
7. Biometrics Market, by Authentication Type
7.1. Introduction
7.2. Multifactor Authentication
7.3.1. Multimodal Biometrics
7.3.2.1. Three-Factor Biometrics
7.3.2.2. Two-Factor Biometrics
7.3.2. Pin With Biometrics
7.3.3. Smart Card With Biometrics
7.3. Single-Factor Authentication
7.4.1. Face Recognition
7.4.2. Fingerprint Recognition
7.4.3.1. AFIS
7.4.3.2. Non-AFIS
7.4.3. Iris Recognition
7.4.4. Palm Print Recognition
7.4.5. Signature Recognition
7.4.6. Vein Recognition
7.4.7. Voice Recognition
8. Biometrics Market, by Component
8.1. Introduction
8.2. Hardware
8.3.1. Camera
8.3.2. Readers
8.3.3. Scanners
8.3. Software
9. Biometrics Market, by Industry
9.1. Introduction
9.2. Aerospace & Defense
9.3. Agriculture
9.4. Automotive & Transportation
9.5. Building, Construction & Real Estate
9.6. Chemicals & Advanced Material
9.7. Consumer Goods & Retail
9.8. Energy & Utilities
9.9. Food & Beverage
9.10. Healthcare & Life Sciences
9.11. Information Technology
9.12. Packaging
9.13. Semiconductor & Electronics
10. Biometrics Market, by Deployment
10.1. Introduction
10.2. On-Cloud
10.3. On-Premise
11. Americas Biometrics Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Biometrics Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Biometrics Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. 3M Company
15.1.2. Accu-Time Systems, Inc.
15.1.3. Assa Abloy AB
15.1.4. Aware, Inc.
15.1.5. BIO-key International
15.1.6. Bioenable Technologies Pvt. Limited
15.1.7. Cognitec Systems, GmbH
15.1.8. Daon, Inc.
15.1.9. DERMALOG Identification Systems GmbH
15.1.10. DigitalPersona, Inc.
15.1.11. Fujitsu Limited
15.1.12. Goggle LLC by Alphabet, Inc.
15.1.13. HID Global Corporation
15.1.14. Hitachi Corporation
15.1.15. Honeywell International Inc.
15.1.16. IDEMIA Group
15.1.17. Imageware Systems, Inc.
15.1.18. International Business Machine Corporation
15.1.19. IrisGuard UK Limited
15.1.20. Leidos, Inc.
15.1.21. M2sys Technology
15.1.22. Mastercard International Incorporated
15.1.23. Microsoft Corporation
15.1.24. NEC Corporation
15.1.25. Nuance Communications Inc.
15.1.26. Oracle Corporation
15.1.27. S.I.C. Biometrics Global Inc.
15.1.28. Siemens AG
15.1.29. Suprema, Inc.
15.1.30. Thales Group
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us