Report cover image

North America Retail Biometrics Market Size, Share & Trends Analysis Report By Deployment Mode (On-Premises and Cloud-Based), By Type, By Component, By Application, By Retail Type, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Oct 29, 2024
Length 146 Pages
SKU # KBV19301178

Description

North America Retail Biometrics Market Size, Share & Trends Analysis Report By Deployment Mode (On-Premises and Cloud-Based), By Type, By Component, By Application, By Retail Type, By Country and Growth Forecast, 2024 - 2031


The North America Retail Biometrics Market would witness market growth of 31.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Retail Biometrics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9,414.2 million by 2031. Canada market is experiencing a CAGR of 33.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 32.7% during (2024 - 2031).

Biometric technology encompasses various methods of identifying and authenticating individuals based on unique physical or behavioural traits. Retailers use biometric systems to verify customer identities during transactions, ensuring secure payment processing and reducing instances of fraud. For example, facial recognition systems can authenticate customers at checkout, while fingerprint scanners can be integrated into point-of-sale (POS) systems for secure access.

In addition, biometric technologies are employed for secure access to restricted areas within retail environments, such as stockrooms and management offices. Retailers can enhance security by allowing only authorized personnel to access sensitive information and assets, thus reducing the risk of theft and unauthorized access.

The retail industry in Mexico is witnessing substantial growth, with the International Trade Administration (ITA) estimating its revenue at approximately USD 76 billion in 2023. This growth trajectory is underpinned by various factors that enhance consumer shopping experiences and create significant opportunities for technological advancements, particularly in the retail biometrics market. The rise in retail revenues reflects a shift in consumer behaviour towards convenience and security, which drives the adoption of biometric technologies.

Based on Deployment Mode, the market is segmented into On-Premises and Cloud-Based. Based on Type, the market is segmented into Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition, and Vein Recognition & Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Payment Authentication, Customer Identification & Loyalty Programs, Access Control & Security, Fraud Detection & Prevention, Workforce Management, and Others. Based on Retail Type, the market is segmented into Supermarkets & Hypermarkets, Specialty Stores, E-Commerce Platforms, Department Stores, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Cognitec Systems GmbH (Salto Systems, S.L.)
  • IDEMIA SAS (Advent International, Inc.)
  • NEC Corporation
  • Fujitsu Limited
  • Thales Group S.A.
  • BIO-key International, Inc.
  • Anviz Global Inc.
  • HID Global Corporation (Assa Abloy AB)
  • M2SYS Technology, Inc.
  • Fingerprint Cards AB
North America Retail Biometrics Market Report Segmentation

By Deployment Mode
  • On-Premises
  • Cloud-Based
By Type
  • Fingerprint Recognition
  • Facial Recognition
  • Iris Recognition
  • Voice Recognition
  • Vein Recognition & Others
By Component
  • Hardware
  • Software
  • Services
By Application
  • Payment Authentication
  • Customer Identification & Loyalty Programs
  • Access Control & Security
  • Fraud Detection & Prevention
  • Workforce Management
  • Others
By Retail Type
  • Supermarkets & Hypermarkets
  • Specialty Stores
  • E-Commerce Platforms
  • Department Stores
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

146 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Retail Biometrics Market, by Deployment Mode
1.4.2 North America Retail Biometrics Market, by Type
1.4.3 North America Retail Biometrics Market, by Component
1.4.4 North America Retail Biometrics Market, by Application
1.4.5 North America Retail Biometrics Market, by Retail Type
1.4.6 North America Retail Biometrics Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Retail Biometrics Market.
4.3 Porter Five Forces Analysis
Chapter 5. North America Retail Biometrics Market by Deployment Mode
5.1 North America On-Premises Market by Region
5.2 North America Cloud-Based Market by Region
Chapter 6. North America Retail Biometrics Market by Type
6.1 North America Fingerprint Recognition Market by Country
6.2 North America Facial Recognition Market by Country
6.3 North America Iris Recognition Market by Country
6.4 North America Voice Recognition Market by Country
6.5 North America Vein Recognition & Others Market by Country
Chapter 7. North America Retail Biometrics Market by Component
7.1 North America Hardware Market by Country
7.2 North America Software Market by Country
7.3 North America Services Market by Country
Chapter 8. North America Retail Biometrics Market by Application
8.1 North America Payment Authentication Market by Country
8.2 North America Customer Identification & Loyalty Programs Market by Country
8.3 North America Access Control & Security Market by Country
8.4 North America Fraud Detection & Prevention Market by Country
8.5 North America Workforce Management Market by Country
8.6 North America Others Market by Country
Chapter 9. North America Retail Biometrics Market by Retail Type
9.1 North America Supermarkets & Hypermarkets Market by Country
9.2 North America Specialty Stores Market by Country
9.3 North America E-Commerce Platforms Market by Country
9.4 North America Department Stores Market by Country
9.5 North America Others Market by Country
Chapter 10. North America Retail Biometrics Market by Country
10.1 US Retail Biometrics Market
10.1.1 US Retail Biometrics Market by Deployment Mode
10.1.2 US Retail Biometrics Market by Type
10.1.3 US Retail Biometrics Market by Component
10.1.4 US Retail Biometrics Market by Application
10.1.5 US Retail Biometrics Market by Retail Type
10.2 Canada Retail Biometrics Market
10.2.1 Canada Retail Biometrics Market by Deployment Mode
10.2.2 Canada Retail Biometrics Market by Type
10.2.3 Canada Retail Biometrics Market by Component
10.2.4 Canada Retail Biometrics Market by Application
10.2.5 Canada Retail Biometrics Market by Retail Type
10.3 Mexico Retail Biometrics Market
10.3.1 Mexico Retail Biometrics Market by Deployment Mode
10.3.2 Mexico Retail Biometrics Market by Type
10.3.3 Mexico Retail Biometrics Market by Component
10.3.4 Mexico Retail Biometrics Market by Application
10.3.5 Mexico Retail Biometrics Market by Retail Type
10.4 Rest of North America Retail Biometrics Market
10.4.1 Rest of North America Retail Biometrics Market by Deployment Mode
10.4.2 Rest of North America Retail Biometrics Market by Type
10.4.3 Rest of North America Retail Biometrics Market by Component
10.4.4 Rest of North America Retail Biometrics Market by Application
10.4.5 Rest of North America Retail Biometrics Market by Retail Type
Chapter 11. Company Profiles
11.1 Cognitec Systems GmbH (Salto Systems, S.L.)
11.1.1 Company Overview
11.1.2 SWOT Analysis
11.2 IDEMIA SAS (Advent International, Inc.)
11.2.1 Company Overview
11.2.2 Recent strategies and developments:
11.2.2.1 Partnerships, Collaborations, and Agreements:
11.2.2.2 Product Launches and Product Expansions:
11.2.3 SWOT Analysis
11.3 NEC Corporation
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expenses
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.5.2 Product Launches and Product Expansions:
11.3.6 SWOT Analysis
11.4 Fujitsu Limited
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.5.2 Product Launches and Product Expansions:
11.4.5.3 Acquisition and Mergers:
11.4.6 SWOT Analysis
11.5 Thales Group S.A.
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expenses
11.5.5 SWOT Analysis
11.6 BIO-key International, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Research & Development Expenses
11.6.4 SWOT Analysis
11.7 Anviz Global Inc.
11.7.1 Company Overview
11.7.2 SWOT Analysis
11.8 HID Global Corporation (Assa Abloy AB)
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental Analysis
11.8.4 Research & Development Expenses
11.8.5 SWOT Analysis
11.9 M2SYS Technology, Inc.
11.9.1 Company Overview
11.9.2 SWOT Analysis
11.10. Fingerprint Cards AB
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 SWOT Analysis

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.

Request A Sample
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