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Biometrics Market in BRIC Countries 2015-2019

About biometrics

With the increasing instances of security vulnerabilities and transactional fraudulent in several industries, there is a need for highly reliable and accessible personal authentication and identification systems. Biometrics has emerged as a suitable solution to meet this need and is based on the behavioral and physiological characteristics of an individual. It include the authentication of an individual by evaluating one or more unique biological traits such as voice recognition, palm geometry, DNA identification, gait recognition, fingerprint matching, facial recognition, iris recognition, signature verification, and vein recognition. Biometrics technologies are considered to be more reliable when compared to physical devices and numeric codes. With the advances in hardware, sensors, readers, pattern recognition, signal and image processing technologies; a number of biometric technologies such as face, iris, retina, voice, signature, hand geometry, keystroke, ear, and palm print recognition have been developed to deal with identification of individuals.

The adoption of biometrics is gaining prominence in law enforcement, financial institutions, access control, immigration, national ID, time and attendance monitoring, border control, hospitals, retail, and airport security in BRIC countries. Current economic scenario of BRIC countries has been seen as a major factor for the growth of biometrics, especially in government applications. Economic conditions has a direct impact on the spending of the government toward new technologies. Biometrics implementation requires high capital investments, therefore improvement in economic conditions will increase the demand among customers in BRIC countries.

Covered in this report

This report covers the present scenario and the growth prospects of the biometrics market in BRIC countries for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of biometric solutions, including hardware, software, integrated solutions, and services. Revenues generated from after sales services are not included to calculate the market size.

The market is highly fragmented with the presence of a large number of small and large vendors. A detailed product and feature comparison for the key leading vendors is provided in the report.

In addition, the report discusses the major drivers that influence the growth of the biometrics market in BRIC countries. It also outlines the risks faced by vendors and the market at large, as well as the key trends emerging in the market.

Technavio's report, Biometrics Market in BRIC Countries 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the biometrics in BRIC countries market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors

  • 3M Cogent
  • Cross Match Technologies
  • HID Global
  • NEC
  • Safran
Other prominent vendors
  • Beijing IrisKing
  • BioEnable
  • BioLink Solutions
  • eSSL Security
  • Fujitsu
  • 4G Identity
  • Hitachi
  • Honeywell
  • SUPREMA
  • ZK Technology
Market challenges
  • Issues with accuracy of biometrics
  • For a full, detailed list, view our report
Market trends
  • Emergence of contactless biometrics
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Biometric Market in BRIC Countries 2015-2019
Technavio recognizes the following companies as the key players in the Biometric Market in BRIC Countries: Crossmatch, HID Global, 3M Cogent, NEC and Safran
Other Prominent Vendors in the market are: Beijing IrisKing, BioEnable, BioLink, eSSL Security, Fujitsu, 4G Identity, Hitachi, Honeywell, SUPREMA and ZK
Commenting on the report, an analyst from Technavio’s team said: “Physical contact is necessary for fingerprint biometrics, requiring an individual to place a finger on the sensor. Concerns related to hygiene are increasing among individuals because of increased instances of communicable diseases such as Ebola and H1N1. Therefore, people are reluctant to adopt contact biometric solutions in public places. Biometric technology vendors and biometric scanner manufacturers are focusing on the development of contactless fingerprint scanners. Also, this awareness is creating a growth opportunity for contactless biometrics such as technologically advanced iris cameras. This is particularly beneficial for the healthcare sector, which has a higher risk of communicable diseases. The demand for contactless biometrics is likely to be a prevalent trend in BRIC countries in the next couple of years.”
According to the report, voice recognition is likely to be popular in the BFSI sector in the next two years, especially in mobile banking, because it eliminates the need for PINs or passwords. Voice biometrics analyze a person's voice in terms of pitch, vocal tract, harmonics, and dialect to verify identity. For instance, JPMorgan Chase uses voice recognition technology to identify fraudsters. The adoption of voice biometrics in the BFSI sector is low in developing countries because of a lack of awareness. However, it is likely to increase in developing countries such as Brazil, China, and India.
Further, the report states that environmental factors such as background noise and network issues are likely to affect the biometrics market in BRIC countries during the forecast period.

Companies Mentioned

Crossmatch, HID Global, 3M Cogent, NEC, Safran, Beijing IrisKing, BioEnable, BioLink, eSSL Security, Fujitsu, 4G Identity, Hitachi, Honeywell, SUPREMA, ZK

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market description
    • Table Overview of biometrics
    • Applications of biometrics
    • Advantages and disadvantages of biometrics
  • Key market developments
    • Emergence of cloud biometrics
    • Development of industry-specific biometric solutions
    • Mobile biometrics for law enforcement
  • Market landscape
    • Market overview
      • Table Biometrics market in BRIC countries: Market structure
    • Biometrics market in BRIC countries
      • Table Biometrics market in BRIC countries 2014-2019 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Brazil
    • Biometrics market in Brazil
      • Table Biometrics market in Brazil 2014-2019 ($ millions)
    • Product life cycle
      • Table Product life cycle analysis of biometric technologies in Brazil
    • Segmentation of biometrics market in Brazil by end-user
      • Table Segmentation of biometrics market in Brazil by end-user 2014-2019
    • Biometrics market in government sector in Brazil
      • Table Biometrics market in government sector in Brazil 2014-2019 ($ millions)
    • Biometrics market in transportation sector in Brazil
      • Table Biometrics market in transportation sector in Brazil 2014-2019 ($ millions)
    • Biometrics market in BFSI sector in Brazil
      • Table Biometrics market in BFSI sector in Brazil 2014-2019 ($ millions)
    • Biometrics market in healthcare sector in Brazil
      • Table Biometrics market in healthcare sector in Brazil 2014-2019 ($ millions)
    • Biometrics market retail sector in Brazil
      • Table Biometrics market in Brazil in retail sector 2014-2019 ($ millions)
    • Biometrics market in Brazil by technology
      • Table Biometrics market in Brazil by technology 2014-2019
    • Fingerprint recognition market in Brazil
      • Table Fingerprint recognition market in Brazil 2014-2019 ($ millions)
    • Iris recognition market in Brazil
      • Table Iris recognition market in Brazil 2014-2019 ($ millions)
    • Hand geometry biometrics market in Brazil
      • Table Hand geometry biometrics market in Brazil 2014-2019 ($ millions)
    • Facial recognition market in Brazil
      • Table Facial recognition market in Brazil 2014-2019 ($ millions)
    • Voice recognition market in Brazil
      • Table Voice recognition market in Brazil 2014-2019 ($ millions)
  • Russia
    • Biometrics market in Russia
      • Table Biometrics market in Russia 2014-2019 ($ millions)
    • Product life cycle analysis of biometrics technologies in Russia
      • Table Product life cycle analysis of biometrics technologies in Russia
    • Biometrics market in Russia by end-user
      • Table Biometrics market in Russia by end-user 2014-2019
    • Biometrics market in government sector in Russia
      • Table Biometrics market in government sector in Russia 2014-2019 ($ millions)
    • Biometrics market in transportation sector in Russia
      • Table Biometrics market in transportation sector in Russia 2014-2019 ($ millions)
    • Biometrics market in BFSI sector in Russia
      • Table Biometrics market in BFSI sector in Russia 2014-2019 ($ millions)
    • Biometrics market in healthcare sector in Russia
      • Table Biometrics market in Russia in healthcare sector 2014-2019 ($ millions)
    • Biometrics market in retail sector in Russia
      • Table Biometrics market in retail sector in Russia 2014-2019 ($ millions)
    • Biometrics market in Russia by technology
      • Table Segmentation of biometrics market in Russia by technology 2014-2019
    • Fingerprint recognition market in Russia
      • Table Fingerprint recognition market in Russia 2014-2019 ($ millions)
    • Facial recognition market in Russia
      • Table Facial recognition market in Russia 2014-2019 ($ millions)
    • Voice recognition market in Russia
      • Table Voice recognition market in Russia 2014-2019 ($ millions)
    • Iris recognition market in Russia
      • Table Iris recognition market in Russia 2014-2019 ($ millions)
    • Vein recognition market in Russia
      • Table Vein recognition market in Russia 2014-2019 ($ millions)
  • India
    • Biometrics market in India
      • Table Biometrics market in India 2014-2019 ($ millions)
    • Product life cycle
      • Table Product life cycle analysis of biometrics technologies in India
    • Biometrics market in India by end-user segmentation
      • Table Biometrics market in India by end-user segmentation 2014-2019
    • Biometrics market in government sector in India
      • Table Biometrics market in government sector in India 2014-2019 ($ millions)
    • Biometrics market in BFSI sector in India
      • Table Biometrics market in BFSI sector in India 2014-2019 ($ millions)
    • Biometrics market in healthcare sector in India
      • Table Biometrics market in healthcare sector in India 2014-2019 ($ millions)
    • Biometrics market in transportation sector in India
      • Table Biometrics market in transportation sector in India 2014-2019 ($ millions)
    • Biometrics market in retail sector in India
      • Table Biometrics market in retail sector in India 2014-2019 ($ millions)
    • Biometrics market in India by technology
      • Table Segmentation of biometrics market in India by technology 2014-2019
    • Fingerprint recognition market in India
      • Table Fingerprint recognition market in India 2014-2019 ($ millions)
    • Facial recognition market in India
      • Table Facial recognition market in India 2014-2019 ($ millions)
    • Iris recognition market in India
      • Table Iris recognition market in India 2014-2019 ($ millions)
    • Voice recognition market in India
      • Table Voice recognition market in India 2014-2019 ($ millions)
    • Vein recognition market in India
      • Table Vein recognition market in India 2014-2019 ($ millions)
  • China
    • Biometrics market in China
      • Table Biometrics market in China 2014-2019 ($ millions)
    • Product life cycle
      • Table Product life cycle analysis of biometric technologies in China
    • Biometrics market in China by end-user
      • Table Biometrics market in China by end-user 2014-2019
    • Biometrics market in government sector in China
      • Table Biometrics market in government sector in China 2014-2019 ($ millions)
    • Biometrics market in BFSI sector in China
      • Table Biometrics market in BFSI sector in China 702014-2019 ($ millions)
    • Biometrics market in transportation sector in China
      • Table Biometrics market in transportation sector in China 2014-2019 ($ millions)
    • Biometrics market in China in healthcare sector
      • Table Biometrics market in healthcare sector in China 2014-2019 ($ millions)
    • Biometrics market in retail sector in China
      • Table Biometrics market in retail sector in China 2014-2019 ($ millions)
    • Biometrics market in China by technology
      • Table Biometrics market in China by technology 2014-2019
    • Fingerprint recognition market in China
      • Table Fingerprint recognition market in China 2014-2019 ($ millions)
    • Facial recognition market in China
      • Table Fingerprint recognition market in China 2014-2019 ($ millions)
    • Iris recognition market in China
      • Table Iris recognition market in China 2014-2019 ($ millions)
    • Voice recognition market in China
      • Table Voice biometrics market in China 2014-2019 ($ millions)
    • Vein recognition market in China
      • Table Vein biometrics market in China 2014-2019 ($ millions)
  • Market trends and opportunities
  • Factors inhibiting the growth of the market
  • Vendor landscape
    • Key vendors matrix
    • Description of Key Vendors
    • Vendor news updates
  • Other prominent vendors
  • Key vendor analysis
    • Crossmatch
    • HID Global
    • 3M Cogent
    • NEC
    • Safran
  • Appendix
    • List of abbreviations
  • Explore Technavio

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