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Biometrics Scan Technology Development in the UK - Industry Market Research Report

Publisher IBISWorld
Published Apr 03, 2024
Length 34 Pages
SKU # IBSS18691811

Description

Biometrics Scan Technology Development in the UK - Industry Market Research Report


Biometrics Scan Technology Development in the UK

Demand for biometric scanning systems is growing due to the falling cost and growing accuracy of biometric technology. However, the outbreak of COVID-19 disrupted this growth because of its effects on key downstream markets like airports and law enforcement. Government spending on defence and domestic surveillance has supported industry revenue. Over the five years through 2022-23, industry revenue is projected to decline at a compound annual rate of 1.2% to £562.6 million.

Companies in this industry develop software for biometric technologies specifically related to automated fingerprint identification systems (AFISs), non-AFIS finger scanners, hand geometry readers, iris and retinal scanners, and facial recognition systems.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market

Table of Contents

34 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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