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Global Biometrics Market in Retail Sector 2016-2020

Global Biometrics Market in Retail Sector 2016-2020

About Biometrics

Biometrics has emerged as a suitable security and monitoring solution to meet this need and is based on the behavioral and physiological characteristics of an individual, which are difficult to replicate. Biometrics in the retail sector is seen as the most accurate and reliable system because it eliminates manual input, identity card exchange, and time theft.

Biometrics include the authentication of an individual by evaluating one or more unique biological traits, such as voice recognition, hand geometry, fingerprint identification, facial recognition, iris recognition, and vein recognition.Technavio’s analysts forecast the global biometrics market in the retail sector to grow at a CAGR of 21.30% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global biometrics market in the retail sector for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.

The market is divided into the following segments based on technology:

  • Fingerprint identification
  • Facial recognition
  • Hand geometry
  • Vein recognition
Technavio's report, Global Biometrics Market in Retail Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Crossmatch Technologies
  • Honeywell Security
  • M2SYS Technology
  • NEC
  • Safran
  • Suprema
Other prominent vendors
  • Allegion
  • Ayonix
  • BIO-key
  • Biometric Time Clock Systems
  • Cognitec Systems
  • eSSL Security
  • ePortID
  • FingerCheck
  • FUJITSU
  • Herta Security
  • TimeLabs
  • Trac-Tech
  • Tyco.
Market driver
  • Emergence of contactless biometrics
  • For a full, detailed list, view our report
Market challenge
  • Security concerns
  • For a full, detailed list, view our report
Market trend
  • Incorporation of biometric workforce management systems at retail stores
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?


  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market description
    • Working of biometrics
      • Table Working of biometrics
    • Biometric technologies used in retail sector
    • Applications of biometrics in retail sector
    • Advantages and disadvantages of biometrics in retail sector
  • Market landscape
    • Market overview
      • Table Overview of global biometrics market in retail sector
    • Product life cycle of biometric technologies in retail sector
      • Table Product life cycle of biometric technologies used in retail sector
    • Share of retail sector in the global biometrics market
      • Table Share of retail sector in the global biometrics market 2014-2019
    • Global biometrics market in retail sector
      • Table Global biometrics market in retail sector 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Global biometrics market in retail sector by technology 2015-2020
      • Table Global biometrics market in retail sector by technology 2015-2020
    • Global fingerprint identification market in retail sector
      • Table Global fingerprint identification market in retail sector 2015-2020 ($ millions)
    • Global facial recognition market in retail sector
      • Table Global facial recognition market in retail sector 2015-2020 ($ millions)
    • Global hand geometry recognition market in retail sector
      • Table Global hand geometry recognition market in retail sector 2015-2020 ($ millions)
    • Global vein recognition market in retail sector
      • Table Global vein recognition market in retail sector 2015-2020 ($ millions)
  • Geographical segmentation
    • Segmentation of global biometric market in retail sector by geography 2015-2020
      • Table Segmentation of global biometrics market in retail sector by geography 2015-2020
    • Segmentation of global biometrics market in retail sector by geography 2015-2020 (revenue)
      • Table Segmentation of global biometrics market in retail sector by geography 2014-2019 ($ millions)
  • Market developments
  • Market trends and opportunities
  • Market inhibitors
  • Vendor dynamics
    • Vendors matrix
    • Description of major vendors
    • Vendor news updates
    • Other prominent vendors
  • Key vendor analysis
    • Crossmatch Technologies
      • Table Crossmatch: Products and solutions
    • Honeywell Security
      • Table Honeywell Security: Product segmentation
    • M2SYS Technology
      • Table M2SYS Technology: Key solutions
    • NEC
      • Table NEC: Business segmentation by revenue 2015
      • Table NEC: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table NEC: Geographical Segmentation by Revenue 2015
    • Safran
      • Table Safran: Business segmentation by revenue 2014
      • Table Safran: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Safran: Geographical segmentation by revenue 2014
    • Suprema
      • Table Suprema: Product segmentation
      • Table Suprema: Geographical Segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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