Oct 12, 2020 13:57 BST
How Top Players Will Help Global
Biometrics System Market to Reach USD 66.4 Billion in 2024?
The Global Biometric System Market is estimated to reach USD 66.4 Billionin 2024 at a CAGR of 15.6%. Increasing adoption of creating biometric
identities of citizens is expected to drive the biometric system market during the forecast period. However, high implementation and maintenance cost is expected to restrain the market during the forecast period. Ear shape
thermography based biometric system is expected to become an opportunity for biometric system market.
Biometric systemic one of the most prominent system in terms of identifying and authenticating the individuals in very short period. Biometric systems depend on particular data about unique biological traits in order to work effectively. Contrary to passwords biometric data cannot be exchanged or forged. Some key players in Biometric System are NEC Corporation, Gemalto NV, ASSA Abloy AB, id3 Technologies, and Idemia, among others.
Biometrics System Market Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global biometric system market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of type, the market is segmented into unimodal and multimodal. By biometric sensor, the biometric system market is segmented into
physiological and behavioral. By component, biometric system market is segmented into hardware and software. By end use industry, biometric system market is segmented into law enforcement and public security,
military and defense, civil identification, healthcare and subsidies, corporate, and commercial applications.
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Biometrics System Market Report Scope
The report on the biometric system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Companies Covered
• NEC Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
• Gemalto NV
• ASSA Abloy AB
• id3 Technologies
• IDEMIA
• Aware, Inc.
• Innovatrics
• Stanley Black & Decker, Inc.
• Precise Biometrics
• Other Key Companies
Biometric System Market report segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Biometric System Market by Type
• Unimodal
• Multimodal
Biometric System Market, by Biometric Sensor
Physiological
• Fingerprint Recognition
• Face Recognition
• Iris Recognition
• DNA Matching
• Vein Pattern Recognition
Behavioural
• Voice Recognition
• Signature Recognition
Biometric System Market by Component Hardware
• Readers
• Scanners
• Cameras
Software
• Cloud Base
• Software Development Kit (SDK)
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Biometric System Market by End Use Industry
• Law Enforcement and Public Security
• Military and Defense
• Civil Identification
• Healthcare and Subsidies
• Corporate
• Commercial Applications
Biometric System Market by Region Asia-Pacific
• China
• Japan
• South Korea
• India
• Taiwan
• Rest of Asia-Pacific
North America
• US
• Canada
• Mexico
Europe
• Germany
• France
• Italy
• UK
• Spain
• The Netherlands
• Rest of Europe
Middle East and Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa South America
• Brazil
• Argentina
• Rest of South America
Key Questions answered by the report
• What are the major developments impacting the biometric system market and its growth?
• What will be the effects of the developments in the biometric system market on the industry and on the market players in the near and far future?
• What are the evolving types of the biometric system market?
• What are the evolving applications of biometric system market?
• What are the major characteristics that will affect the biometric system market growth during the study period?
• Who are the key players operating in the biometric system market?
• How are the major players leveraging in the existing market conditions?
Report Audience
• Biometric System Market Providers
• Biometric System Market Solution and Services Suppliers, Distributors and Dealers
• End-Users of Varied Segments of Biometric System Market
• Government Bodies and Intellectual Institutions
• Associations and Industrial Organizations
• Research & Consulting Service Providers
• Research & Development Organizations
• Investment Banks & Private Equity Firms
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Table of Content 1 INTRODUCTION
1.1 Research Objectives 1.2 Market Definition 1.3 Research Scope 1.4 Regional Coverage 1.5 Research Timeline 1.6 Assumptions 1.7 Limitations
2 RESEARCH DESIGN & SCOPE 2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight 2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources 2.4 Market Size Estimation
2.5 Data Validation & Triangulation 3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS 4.1 Introduction
4.2 Drivers
4.2.1. Increasing Adoption of Creating Biometric Identities of Citizens 4.2.2. Corporates Leveraging Biometric Identification
4.3 Restraints
4.3.1. High Implementation and Maintenance Cost 4.4 Opportunities
4.4.1. Ear Shape Thermography based Biometric System 4.5 Challenges
4.5.1. Technical Complexity
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS 5.1 Introduction
5.1.1. Power of Buyers 5.1.2. Power of Suppliers 5.1.3. Intensity of Competition 5.1.4. Challenges of Substitutes 5.1.5. Challenges of New Entrants 5.2 Macro-Economic Indicators
6 GLOBAL BIOMETRIC SYSTEM MARKET BY TYPE, Market Size in USD Million (2017—2024)
6.1 Introduction 6.2 Unimodal 6.3 Multimodal
7 GLOBAL BIOMETRIC SYSTEM MARKET BY BIOMETRIC SENSOR, Market Size in USD Million (2017—2024)
7.1 Introduction 7.2 Physiological
7.2.1 Fingerprint Recognition 7.2.2 Face Recognition
7.2.3 Iris Recognition 7.2.4 DNA Matching
7.2.5 Vein Pattern Recognition 7.3 Behavioral
7.3.1 Voice Recognition 7.3.2 Signature Recognition
8 GLOBAL BIOMETRIC SYSTEM MARKET BY COMPONENT, Market Size in USD Million (2017—2024)
8.1 Introduction 8.2 Hardware
8.2.1 Readers 8.2.2 Scanners 8.2.3 Cameras 8.3 Software 8.3.1 Cloud Base
8.3.2 Software Development Kit (SDK)
9 GLOBAL BIOMETRIC SYSTEM MARKET BY END USE INDUSTRY, Market Size in USD Million (2017—2024)
9.1 Introduction
9.2 Law Enforcement and Public Security 9.3 Military and Defense
9.4 Civil Identification
9.5 Healthcare and Subsidies 9.6 Corporate
9.7 Commercial Applications
10 GLOBAL BIOMETRIC SYSTEM MARKET BY REGION, Market Size in USD Million (2017—2024)
10.1 North America 10.1.1 US
10.1.2 Canada 10.1.3 Mexico 10.2 Europe 10.2.1 Germany 10.2.2 France 10.2.3 Italy 10.2.4 UK 10.2.5 Spain
10.2.6 The Netherlands 10.2.7 Rest of Europe 10.3 Asia-Pacific 10.3.1 China 10.3.2 Japan 10.3.3 India
10.3.4 South Korea 10.3.5 Taiwan
10.3.6 Rest of Asia-Pacific 10.4 Middle East
10.4.1 Saudi Arabia 10.4.2 UAE
10.4.3 Rest of Middle East 10.5 South America
10.5.1 Brazil 10.5.2 Argentina
10.5.3 Rest of South America 11 COMPETITIVE LANDSCAPE 11.1 Introduction
11.2 Market Ranking/Share Analysis of Key Companies 11.3 Company Benchmarking
12 COMPANY PROFILES 12.1 NEC Corporation 12.1.1 Company Overview 12.1.2 Financial Overview
12.1.3 Products/Solutions/Services Offered 12.1.4 Key Developments
12.1.5 SWOT Analysis
12.2 Gemalto NV 12.3 ASSA Abloy AB 12.4 id3 Technologies 12.5 IDEMIA
12.6 Aware, Inc.
12.7 Innovatrics
12.8 Stanley Black & Decker, Inc.
12.9 Precise Biometrics 12.10 Safran
12.11 Other Key Companies 13 APPENDIX
13.1 Key Industry Expert Insights 13.2 Primary Discussion Guide 13.3 Customization Options
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