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Biometric System Market by Authentication Type (Single-Factor and Multifactor), Functionality Type (Contact, Non-Contact, and Combined), Component (Hardware and Software), Application, and Geography - Global Forecast to 2023

Biometric System Market by Authentication Type (Single-Factor and Multifactor), Functionality Type (Contact, Non-Contact, and Combined), Component (Hardware and Software), Application, and Geography - Global Forecast to 2023

Biometrics system market to grow at 19.99% CAGR during forecast period
According to the new market research report, the biometrics system market is expected to grow from USD 16.80 billion by 2018 to USD 41.80 billion by 2023, at a CAGR of 19.99% between 2018 and 2023. Biometrics systems are gaining high traction worldwide owing to the growing need for surveillance and security in the private and business sectors. Further, the increasing adoption of voice recognition systems in the banking and financial services are expected to fuel the growth of the market in future. However, high deployment cost acts a restraint for the market growth.

Market for automotive to grow at highest CAGR during 2018-2023
This report has been segmented, on the basis of application, into government, security, and automotive. The growth of the market for the automotive application can be attributed to the increasing number of vehicle theft cases, which is encouraging the vehicle manufacturers to equip their products with biometrics systems, thereby enhancing the security levels for their customers.

Market in RoW to grow at highest CAGR during 2018-2023
The market in RoW is expected to grow at the highest CAGR from 2018 to 2023. The increasing need for advanced identity management solutions from various governments in this region to maintain security at border-crossing points (BCP) is the main factor fueling the growth of the biometrics system market in the region. The market in RoW is further segmented into South America, and the Middle East and Africa, which hold a significant growth potential for the market growth. In the Middle East, there is a considerable rate of adoption of biometrics in sectors such as travel and immigration, and banking and finance. As per the article published by the Government of South Africa in September 2016, Airports Company South Africa (ACSA) expanded and upgraded the infrastructure of 9 airports in 2016. To upgrade the existing infrastructure, the airport authority deployed biometrics-enabled automated e-gates to improve the service quality for passengers.

Breakdown of Profiles of Primary Participants
By Company Type: Tier 1 - 55%, Tier 2 - 25%, and Tier 3 - 20%
By Designation: C-Level Executives - 50%, Directors - 20%, and Others - 30%
By Region: North America - 40%, Europe - 35%, APAC - 15%, and RoW - 10%

Companies profiled in the report are Safran (France), NEC (Japan) Thales (France), Fujitsu (Japan), ASSA ABLOY (Sweden), Precise Biometrics (Sweden), Aware (US), Secunet Security Networks (Germany), Cross Match Technologies (US), and Stanley Black & Decker (France). This report also covers the following prominent players: Cognitec Systems (Germany), Daon (US), Facebanx (UK), BIO-key International (US), Securiport (US), M2SYS Technology (US), Suprema (South Korea), Qualcomm (US), Fulcrum Biometrics (US), and VASCO Data Security International (US).

Research Coverage
Biometrics system covers the following application: government, military and defense, healthcare, banking and finance, consumer electronics, security, travel and immigration, automotive, and others. The market for these systems has also been segmented on the basis of authentication into single-factor authentication and multifactor authentication. On the basis of single-factor authentication, the market has been subsegmented into fingerprint recognition, iris recognition, palm recognition, face recognition, vein recognition, signature recognition, voice recognition, and others. The market for multifactor authentication has been further segmented into smart card with biometrics, pin with biometrics, and multimodal biometrics. The biometrics system market has also been segmented into hardware and software components.

This report also segments and estimates the market on the basis of the following functionality types: contact, non-contact, and combined. The market has been segmented, on the basis of region, into North America, Europe, APAC, and RoW.

Reasons to Buy the Report:
This report includes the market statistics pertaining to authentication type, application, functionality type, component, and geography, along with their respective revenues.
The report also provides the biometrics system value chain analysis.
It details the major drivers, restraints, challenges, and opportunities pertaining to the biometrics system market.
The report provides an overall view of the market including illustrative segmentation, analysis, and forecast for the biometrics system market based on authentication type, application, functionality type, component, and geography.
The report details the competitive landscape for the top 5 companies in the market, including their revenues.


  • INTRODUCTION
    • STUDY OBJECTIVE
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE:
      • YEARS CONSIDERED
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN BIOMETRICS SYSTEM MARKET (2018–2023)
    • FACE RECOGNITION MARKET FOR SECURITY, BY APPLICATION TYPE
    • CONTACT-BASED BIOMETRICS SYSTEM MARKET, BY APPLICATION
    • BIOMETRICS SYSTEM MARKET FOR TRAVEL & IMMIGRATION FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE
    • BIOMETRICS SYSTEM MARKET IN APAC, BY APPLICATION
    • NORTH AMERICAN BIOMETRICS SYSTEM MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
      • Table COMPARATIVE ACCOUNT OF VARIOUS BIOMETRICS AUTHENTICATION TYPES
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINT
      • OPPORTUNITIES
      • CHALLENGE
    • VALUE CHAIN ANALYSIS
  • BIOMETRIC SYSTEM MARKET, BY AUTHENTICATION TYPE
    • INTRODUCTION
      • Table BIOMETRICS SYSTEM MARKET, BY AUTHENTICATION TYPE, 2016–2023 (USD MILLION)
    • SINGLE-FACTOR AUTHENTICATION
      • Table BIOMETRICS SYSTEM MARKET FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • FINGERPRINT RECOGNITION
        • Table FINGERPRINT RECOGNITION MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table FINGERPRINT RECOGNITION MARKET FOR SECURITY, BY APPLICATION TYPE, 2016–2023 (USD MILLION)
        • Table BIOMETRICS SYSTEM MARKET FOR FINGERPRINT RECOGNITION, BY TYPE, 2016–2023 (USD MILLION)
      • IRIS RECOGNITION
        • Table IRIS RECOGNITION MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table IRIS RECOGNITION MARKET FOR SECURITY, BY APPLICATION TYPE, 2016–2023 (USD MILLION)
      • PALM PRINT RECOGNITION
        • Table PALM RECOGNITION MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table PALM RECOGNITION MARKET FOR SECURITY, BY APPLICATION TYPE, 2016–2023 (USD MILLION)
      • FACE RECOGNITION
        • Table FACE RECOGNITION MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table FACE RECOGNITION MARKET FOR SECURITY, BY APPLICATION TYPE, 2016–2023 (USD MILLION)
      • VEIN RECOGNITION
        • Table VEIN RECOGNITION MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table VEIN RECOGNITION MARKET, BY SECURITY APPLICATION, 2016–2023 (USD MILLION)
      • SIGNATURE RECOGNITION
        • Table SIGNATURE RECOGNITION MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table SIGNATURE RECOGNITION MARKET, BY SECURITY APPLICATION, 2016–2023 (USD MILLION)
      • VOICE RECOGNITION
        • Table VOICE RECOGNITION MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table VOICE RECOGNITION MARKET, BY SECURITY APPLICATION, 2016–2023 (USD MILLION)
      • OTHERS
        • Table OTHER RECOGNITION MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table OTHER RECOGNITION MARKET, BY SECURITY APPLICATION, 2016–2023 (USD MILLION)
    • MULTIFACTOR AUTHENTICATION
      • Table BIOMETRICS SYSTEM MARKET FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • SMART CARD WITH BIOMETRICS
        • Table SMART CARD WITH BIOMETRICS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table SMART CARD WITH BIOMETRICS MARKET FOR SECURITY, BY APPLICATION TYPE, 2016–2023 (USD MILLION)
      • PIN WITH BIOMETRICS
        • Table PIN WITH BIOMETRICS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table PIN WITH BIOMETRICS MARKET FOR SECURITY, BY APPLICATION TYPE, 2016–2023 (USD MILLION)
      • MULTIMODAL BIOMETRICS
        • Table BIOMETRICS SYSTEM MARKET FOR MULTIMODAL AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
        • Table MULTIMODAL BIOMETRICS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table MULTIMODAL BIOMETRICS MARKET, BY SECURITY APPLICATION, 2016–2023 (USD MILLION)
  • BIOMETRIC SYSTEM MARKET, BY COMPONENT
    • INTRODUCTION
      • Table BIOMETRICS SYSTEM MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
    • HARDWARE
      • Table BIOMETRICS SYSTEM MARKET FOR HARDWARE, BY HARDWARE COMPONENT, 2016–2023 (USD MILLION)
      • FINGERPRINT READERS
      • SCANNERS
      • CAMERA
      • OTHERS (RFID READER, MICROPHONE, SPEAKER, CONNECTIVITY IC)
    • SOFTWARE
  • BIOMETRIC SYSTEM MARKET, BY FUNCTIONALITY TYPE
    • INTRODUCTION
      • Table BIOMETRICS SYSTEM MARKET, BY FUNCTIONALITY TYPE, 2016–2023 (USD MILLION)
    • CONTACT FUNCTIONALITY
      • Table CONTACT FUNCTIONALITY-BASED BIOMETRICS SYSTEM MARKET, BY AUTHENTICATION TYPE, 2016–2023 (USD MILLION)
      • Table CONTACT FUNCTIONALITY-BASED BIOMETRICS SYSTEM MARKET, BY APPLICATION, 2016–2023, (USD MILLION)
      • Table CONTACT FUNCTIONALITY-BASED BIOMETRICS SYSTEM MARKET FOR SECURITY, APPLICATION TYPE, 2016–2023, (USD MILLION)
    • NONCONTACT FUNCTIONALITY
      • Table NONCONTACT FUNCTIONALITY-BASED BIOMETRICS SYSTEM MARKET, BY AUTHENTICATION TYPE, 2016–2023 (USD MILLION)
      • Table NONCONTACT FUNCTIONALITY-BASED BIOMETRICS SYSTEM MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table NONCONTACT FUNCTIONALITY-BASED BIOMETRICS SYSTEM MARKET FOR SECURITY, BY APPLICATION TYPE, 2016–2023 (USD MILLION)
    • COMBINED FUNCTIONALITY
      • Table COMBINED FUNCTIONALITY-BASED BIOMETRICS SYSTEM MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table COMBINED FUNCTIONALITY-BASED BIOMETRICS SYSTEM MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table COMBINED FUNCTIONALITY-BASED BIOMETRICS SYSTEM MARKET FOR SECURITY, BY APPLICATION TYPE, (USD MILLION)
  • BIOMETRIC SYSTEM MARKET, BY APPLICATION
    • INTRODUCTION
      • Table BIOMETRICS SYSTEM MARKET, APPLICATION 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR SECURITY, BY APPLICATION TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR SINGLE-FACTOR AUTHENTICATION, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table SINGLE-FACTOR AUTHENTICATION-BASED BIOMETRICS SYSTEM MARKET FOR SECURITY, APPLICATION TYPE, 2016–2023 (USD MILLION)
      • Table MULTIFACTOR AUTHENTICATION-BASED BIOMETRICS SYSTEM MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table MULTIFACTOR AUTHENTICATION-BASED BIOMETRICS SYSTEM MARKET FOR SECURITY, BY APPLICATION TYPE, 2016–2023, (USD MILLION)
    • GOVERNMENT
      • Table BIOMETRICS SYSTEM MARKET FOR GOVERNMENT FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR GOVERNMENT FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR GOVERNMENT, BY REGION, 2016–2023, (USD MILLION)
    • MILITARY & DEFENSE
      • Table BIOMETRICS SYSTEM MARKET FOR MILITARY AND DEFENSE FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023, (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR MILITARY AND DEFENSE FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR MILITARY AND DEFENSE, BY REGION, 2016–2023 (USD MILLION)
    • HEALTHCARE
      • Table BIOMETRICS SYSTEM MARKET FOR HEALTHCARE FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023, (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR HEALTHCARE FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR HEALTHCARE, BY REGION, 2016–2023 (USD MILLION)
    • BANKING & FINANCE
      • Table BIOMETRICS SYSTEM MARKET FOR BANKING AND FINANCE FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR BANKING AND FINANCE FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR BANKING AND FINANCE, BY REGION, 2016–2023 (USD MILLION)
    • CONSUMER ELECTRONICS
      • Table BIOMETRICS SYSTEM MARKET FOR CONSUMER ELECTRONICS FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR CONSUMER ELECTRONICS FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2016–2023, (USD MILLION)
    • TRAVEL & IMMIGRATION
      • Table BIOMETRICS SYSTEM MARKET FOR TRAVEL AND IMMIGRATION FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR TRAVEL AND IMMIGRATION FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR TRAVEL AND IMMIGRATION, BY REGION, 2016–2023, (USD MILLION)
    • AUTOMOTIVE
      • Table BIOMETRICS SYSTEM MARKET FOR AUTOMOTIVE FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023, (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR AUTOMOTIVE FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2016–2023 (USD MILLION)
    • SECURITY
      • Table BIOMETRICS SYSTEM MARKET FOR SECURITY FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR SECURITY FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR SECURITY, BY REGION, 2016–2023 (USD MILLION)
      • RESIDENTIAL SECURITY
        • Table BIOMETRICS SYSTEM MARKET FOR RESIDENTIAL SECURITY FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
        • Table BIOMETRICS SYSTEM MARKET FOR RESIDENTIAL SECURITY FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
        • Table BIOMETRICS SYSTEM MARKET FOR RESIDENTIAL SECURITY, BY REGION, 2016–2023 (USD MILLION)
      • COMMERCIAL SECURITY
        • Table BIOMETRICS SYSTEM MARKET FOR COMMERCIAL SECURITY FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
        • Table BIOMETRICS SYSTEM MARKET FOR COMMERCIAL SECURITY FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
        • Table BIOMETRICS SYSTEM MARKET FOR COMMERCIAL SECURITY, BY REGION, 2016–2023 (USD MILLION)
    • OTHERS (ENTERTAINMENT, INDUSTRIAL, & UTILITY)
      • Table BIOMETRICS SYSTEM MARKET FOR OTHERS FOR SINGLE-FACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR OTHERS FOR MULTIFACTOR AUTHENTICATION, BY TYPE, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET FOR OTHERS, BY REGION, 2016–2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table BIOMETRICS SYSTEM MARKET, BY REGION, 2016–2023, (USD MILLION)
    • NORTH AMERICA
      • Table BIOMETRICS SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2023, (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET IN NORTH AMERICA, BY APPLICATION, 2016–2023, (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table BIOMETRICS SYSTEM MARKET IN EUROPE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET IN EUROPE, BY APPLICATION, 2016–2023, (USD MILLION)
      • UK
      • GERMANY
      • FRANCE
      • ITALY
      • REST OF EUROPE
    • APAC
      • Table BIOMETRICS SYSTEM MARKET IN APAC, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET IN APAC, BY APPLICATION, 2016–2023, (USD MILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • REST OF APAC
    • REST OF THE WORLD (ROW)
      • Table BIOMETRICS SYSTEM MARKET IN ROW, BY REGION, 2016–2023 (USD MILLION)
      • Table BIOMETRICS SYSTEM MARKET IN ROW, BY APPLICATION, 2016–2023 (USD MILLION)
      • MIDDLE EAST & AFRICA
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • RANKING ANALYSIS
      • Table RANKING OF TOP 5 PLAYERS IN BIOMETRICS SYSTEM MARKET (2017)
    • COMPETITIVE SCENARIO
      • PRODUCT LAUNCH, DEVELOPMENT, & DEPLOYMENT
        • Table PRODUCT LAUNCH, DEVELOPMENT, AND DEPLOYMENT (2015–2018)
      • EXPANSION, EXHIBITION, AWARD, & RECOGNITION
        • Table EXPANSION, EXHIBITION, AWARD, AND CERTIFICATION (2016–2018)
      • PARTNERSHIP, AGREEMENT, & CONTRACT
        • Table PARTNERSHIP, AGREEMENT, AND CONTRACT (2015–2018)
      • MERGER & ACQUISITION
        • Table MERGER AND ACQUISITION (2016–2018)
  • COMPANY PROFILES
    • KEY PLAYERS
      • THALES
      • SAFRAN
      • NEC
      • ASSA ABLOY
      • FUJITSU
      • PRECISE BIOMETRICS
      • AWARE
      • SECUNET SECURITY NETWORKS
      • CROSS MATCH TECHNOLOGIES
      • STANLEY BLACK & DECKER
    • OTHER KEY COMPANIES
      • COGNITEC SYSTEMS
      • DAON
      • FACEBANX
      • BIO-KEY INTERNATIONAL
      • SECURIPORT
      • M2SYS TECHNOLOGY
      • SUPREMA
      • QUALCOMM
      • FULCRUM BIOMETRICS
      • VASCO DATA SECURITY INTERNATIONAL
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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