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Global Biometric Solutions Market Research Report 2024
SKU ID : QYR-27262355 | Publishing Date : 19-Apr-2024 | No. of pages : 102
Biometric authentication & identification are physical or behavioral human characteristics to that can be used to digitally identify a person to grant access to systems, devices or data. Examples of these biometric identifiers are fingerprints, facial patterns, voice or typing cadence. Each of these identifiers is considered unique to the individual, and they may be used in combination to ensure greater accuracy of identification. In this report, we mainly focus on the biometric authentication and identification Integrators (solution with hardware and software).
The global Biometric Solutions market was valued at US$ 19780 million in 2023 and is anticipated to reach US$ 42000 million by 2030, witnessing a CAGR of 11.1% during the forecast period 2024-2030.
Security and Identity Verification: Biometric solutions provide a high level of security and accuracy for identity verification and access control, making them crucial in industries such as finance, healthcare, government, and cybersecurity.
Rising Need for Data Protection: With increasing concerns about data breaches and unauthorized access, biometric authentication offers a more secure method compared to traditional passwords or PINs.
Advancements in Technology: Continuous technological advancements have led to improved accuracy, speed, and reliability of biometric solutions, making them more practical for widespread adoption.
Mobile Device Integration: Many smartphones and devices now incorporate biometric features such as fingerprint scanners, facial recognition, and iris scans, driving familiarity and acceptance among users.
Privacy Concerns: Collecting and storing biometric data raises privacy concerns, as individuals may be apprehensive about how their data is used and protected.
Accuracy and False Positives/Negatives: Some biometric technologies might still experience accuracy issues, leading to false positives or false negatives, which can impact user experience and security.
Technological Limitations: Certain biometric solutions might not work well in all scenarios. For example, facial recognition might struggle with poor lighting or obscured faces.
This report aims to provide a comprehensive presentation of the global market for Biometric Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biometric Solutions.
Report Scope
The Biometric Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Biometric Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Biometric Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IDEMIA
Thales
ASSA ABLOY
NEC
Fujitsu
Stanley Black & Decker
OneSpan
secunet AG
SpeechPro
Dermalog
Suprema
Securiport
Facebanx
Fulcrum Biometrics
M2SYS Technology
Aware
Daon
Ayonix Face Technologies
Cognitec Systems
Precise Biometrics
Segment by Type
Fingerprint Recognition
Face Recognition
Speech Recognition
Iris Recognition
Others
Segment by Application
Law Enforcement and Public Security
Military
Border, Travel and Migration Control
Civil Identification
Healthcare and Subsidies
Commercial Applications
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Biometric Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
The global Biometric Solutions market was valued at US$ 19780 million in 2023 and is anticipated to reach US$ 42000 million by 2030, witnessing a CAGR of 11.1% during the forecast period 2024-2030.
Security and Identity Verification: Biometric solutions provide a high level of security and accuracy for identity verification and access control, making them crucial in industries such as finance, healthcare, government, and cybersecurity.
Rising Need for Data Protection: With increasing concerns about data breaches and unauthorized access, biometric authentication offers a more secure method compared to traditional passwords or PINs.
Advancements in Technology: Continuous technological advancements have led to improved accuracy, speed, and reliability of biometric solutions, making them more practical for widespread adoption.
Mobile Device Integration: Many smartphones and devices now incorporate biometric features such as fingerprint scanners, facial recognition, and iris scans, driving familiarity and acceptance among users.
Privacy Concerns: Collecting and storing biometric data raises privacy concerns, as individuals may be apprehensive about how their data is used and protected.
Accuracy and False Positives/Negatives: Some biometric technologies might still experience accuracy issues, leading to false positives or false negatives, which can impact user experience and security.
Technological Limitations: Certain biometric solutions might not work well in all scenarios. For example, facial recognition might struggle with poor lighting or obscured faces.
This report aims to provide a comprehensive presentation of the global market for Biometric Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biometric Solutions.
Report Scope
The Biometric Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Biometric Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Biometric Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IDEMIA
Thales
ASSA ABLOY
NEC
Fujitsu
Stanley Black & Decker
OneSpan
secunet AG
SpeechPro
Dermalog
Suprema
Securiport
Facebanx
Fulcrum Biometrics
M2SYS Technology
Aware
Daon
Ayonix Face Technologies
Cognitec Systems
Precise Biometrics
Segment by Type
Fingerprint Recognition
Face Recognition
Speech Recognition
Iris Recognition
Others
Segment by Application
Law Enforcement and Public Security
Military
Border, Travel and Migration Control
Civil Identification
Healthcare and Subsidies
Commercial Applications
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Biometric Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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