Global Biometrics Market 2020-2024

Global Biometrics Market 2020-2024

Technavio has been monitoring the biometrics market and it is poised to grow by $ 18.10 bn during 2020-2024 progressing at a CAGR of 10% during the forecast period. Our reports on the biometrics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing need for surveillance and security and increasing government initiatives for implementing biometrics.

The biometrics market analysis includes end-user segment and geographical landscape.

Technavio's biometrics market is segmented as below:

By End-user

  • Government
  • Healthcare
  • BFSI
  • Others
By Geography landscapes
  • North America
  • APAC
  • Europe
  • MEA
  • South America
This study identifies the rise in deployments of biometrics in various end-user industries as one of the prime reasons driving the biometrics market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our biometrics market covers the following areas:
  • Biometrics market sizing
  • Biometrics market forecast
  • Biometrics market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biometrics market vendors that include ASSA ABLOY AB, Aware Inc., Cognitec Systems GmbH, Fujitsu Ltd., IDEMIA France SAS, M2SYS Technology, NEC Corp., Qualcomm Inc., secunet Security Networks AG, and Thales Group. Also, the biometrics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Electronic equipment and instruments market
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • After-sales service
      • Support activities
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global biometrics market 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by End-user
    • Market segments
      • Table End user - Market share 2019-2024 (%)
    • Comparison by End user
      • Table Comparison by End user
    • Government - Market size and forecast 2019- 2024
      • Table Government - Market size and forecast 2019-2024 ($ billion)
      • Table Government - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Government - Year-over-year growth 2019-2024 (%)
    • Healthcare - Market size and forecast 2019-2024
      • Table Healthcare - Market size and forecast 2019-2024 ($ billion)
      • Table Healthcare - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Healthcare - Year-over-year growth 2019-2024 (%)
    • BFSI - Market size and forecast 2019-2024
      • Table BFSI - Market size and forecast 2019-2024 ($ billion)
      • Table BFSI - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table BFSI - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ billion)
      • Table Others - Market size and forecast 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End user
      • Table Market opportunity by End user
  • Market Segmentation by Authentication
    • Market segments
    • Single-factor authentication
    • Multi-factor authentication
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table Biometrics in North America 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table Biometrics in APAC 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Biometrics in Europe 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table Biometrics in MEA 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table Biometrics in South America 2020-2024 ($ billion), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing need for surveillance and security
      • Rise in deployments of biometrics in various end-user industries
      • Increasing government initiatives for implementing biometrics
    • Market challenges
      • High installation and maintenance costs for biometrics
      • Privacy concerns related to use of biometric systems
      • Stringent regulations and standards
        • Table Impact of drivers and challenges
    • Market trends
      • Increasing role of multimodal biometrics solutions
      • Rising popularity of face and voice recognition biometrics in BFSI sector
      • Adoption of behavioral biometrics
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ASSA ABLOY AB
      • Table ASSA ABLOY AB - Overview
      • Table ASSA ABLOY AB - Business segments
      • Table ASSA ABLOY AB – Key news
      • Table ASSA ABLOY AB - Key offerings
      • Table ASSA ABLOY AB - Segment focus
    • Aware Inc.
      • Table Aware Inc. - Overview
      • Table Aware Inc. - Product and service
      • Table Aware Inc. - Key offerings
    • Cognitec Systems GmbH
      • Table Cognitec Systems GmbH - Overview
      • Table Cognitec Systems GmbH - Product and service
      • Table Cognitec Systems GmbH – Key news
      • Table Cognitec Systems GmbH - Key offerings
    • Fujitsu Ltd.
      • Table Fujitsu Ltd. - Overview
      • Table Fujitsu Ltd. - Business segments
      • Table Fujitsu Ltd. –Key news
      • Table Fujitsu Ltd. - Key offerings
      • Table Fujitsu Ltd. - Segment focus
    • IDEMIA France SAS
      • Table IDEMIA France SAS - Overview
      • Table IDEMIA France SAS - Product and service
      • Table IDEMIA France SAS – Key news
      • Table IDEMIA France SAS - Key offerings
    • M2SYS Technology
      • Table M2SYS Technology - Overview
      • Table M2SYS Technology - Product and service
      • Table M2SYS Technology - Key offerings
    • NEC Corp.
      • Table NEC Corp. - Overview
      • Table NEC Corp. - Business segments
      • Table NEC Corp. –Key news
      • Table NEC Corp. - Key offerings
      • Table NEC Corp. - Segment focus
    • Qualcomm Inc.
      • Table Qualcomm Inc. - Overview
      • Table Qualcomm Inc. - Business segments
      • Table Qualcomm Inc. –Key news
      • Table Qualcomm Inc. - Key offerings
      • Table Qualcomm Inc. - Segment focus
    • secunet Security Networks AG
      • Table secunet Security Networks AG - Overview
      • Table secunet Security Networks AG - Business segments
      • Table secunet Security Networks AG - Key offerings
      • Table secunet Security Networks AG - Segment focus
    • Thales Group
      • Table Thales Group - Overview
      • Table Thales Group - Business segments
      • Table Thales Group – Key news
      • Table Thales Group - Key offerings
      • Table Thales Group - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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