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[ 英語タイトル ] Biometrics Market by Technology (Face Recognition, Fingerprint Recognition, Iris Recognition, Voice Recognition, and Others (Palmprint and Signature)), Authentication (Single-factor Authentication and Multifactor Authentication), Component (Mobile, PC, Payments, and Access), End-user (Government & Defense, Healthcare, BFSI, Consumer Electronics, and Others (Retail & E-Commerce and Transport/Visa/Logistics)), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportuni


Product Code : RDICT00116264
Survey : Research Dive
Publish On : December, 2021
Category : ICT and Telecom
Report format : PDF
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Accu-Time Systems, BIO-Key International Inc., Cognitec Systems GmbH, Fingerprints cards AB, Fujitsu Limited, IDTECK, NEC Corporation, Siemens AG, RCG Holdings, Ltd., and Thales Group.

[Report Description]

According to Research Dive analysis, the global biometrics market is estimated to generate a revenue of $104,959.6 million by 2028, increasing from $37,123.1 million in 2020, at a CAGR of 15.0%.

Impact Analysis of COVID-19 on the Global Biometrics Market:
Businesses all across the world are working to improve their competitiveness and market value so that they may plan for the pandemic. The COVID-19 pandemic has caused havoc on a variety of organizations, as well as sparked a surge in demand for touchless biometric solutions. Advanced multifactor and multimodal biometric technologies are becoming more significant because to their precision and compliance with COVID-19's social distancing norms. To avoid physical contact and virus spread, enterprises must avoid using palm print, fingerprint, and hand-key scanners, according to new government laws. These advances pave the way for easy-to-use iris scans and facial recognition technology in a number of applications.

Biometrics Market Analysis:
The increasing integration of biometric systems with IoT devices is expected to fuel market revenue growth in the future. Biometric authentication is a new way of safeguarding Internet of Things (IoT) devices. In order to identify a user, behavioral biometrics collects essential data sets from now-common smartphones and IoT devices. As more IoT-connected devices are deployed, the data gets richer, allowing for continuous authentication while the device is in use. In addition, as e-passports become more common, demand for biometric systems is expected to surge, driving market growth in the coming years.
Concerns over data security are predicted to hamper the global biometrics market's growth over the forecasted timeframe. Possible hackers and criminals exploiting the security system can lead to the leakage of crucial identity-based information, posing serious security risks. High technology costs and accuracy issues plague the industry, particularly in the case of developing technologies such as face and physical recognition. Complex and time-consuming methods result in low precision and reproducibility, demanding continual technological advancement.
Two new technologies, the electroencephalogram (EEG) and the electrocardiogram (ECG), are expected to open up new markets. These methods trace the individual's heart and brain patterns, allowing for increased fraud resistance. Behavioral identification patterns such as typing rhythm, stride, and voice are becoming more widespread as a result of the demand for more robust security systems. The operational signature is a technique for recording a person's usage pattern and using it as a template for verification. It's intended to be used to distinguish between various users in telerobotic surgical systems.
Based on technology type, the biometrics market has been segmented into face recognition, fingerprint recognition, iris recognition, voice recognition, and others of which the fingerprint recognition type sub-segment is projected to generate the maximum revenue during the forecast period.
The fingerprint recognition sub-segment is predicted to have a dominating market share in the global market and register a revenue of $31,511.3 million during the forecast period.
Based on authentication type, the market has been bifurcated into single-factor authentication and multifactor authentication sub-segments of which the single-factor authentication sub-segment is projected to generate highest revenue during the forecast period.
It is predicted that the single-factor authentication sub-segment shall generate a revenue of $71,618.0 million by 2028, growing from $25,829.7 million in 2020, with a CAGR of 14.8%.
Based on component type, biometrics market is divided into mobile, PC, payments, and access. Among these, mobile sub-segment is expected to be the fastest growing.
The mobiles sub-segment is anticipated to have the fastest market growth during the forecast period. It is predicted that the market shall generate a revenue of $32,681.1 million by 2028, growing from $10,863.5 million in 2020, with a CAGR of 16.0%.
Based on end-user type, biometrics market is divided into government & defense, healthcare, BFSI, consumer electronics, and others of which the government & defense type sub-segment is projected to generate the maximum revenue during the forecast period.
The government & defense sub-segment is predicted to have a dominating market share in the global market and register a revenue of $29,222.5 million during the forecast period. Based on geographical scope, the market was investigated across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is anticipated to be the fastest growing market during the forecast time period and reach $29,787.5 million by 2028, with a CAGR of 15.8%.
The companies involved in the global biometrics market are Accu-Time Systems, BIO-Key International Inc., Cognitec Systems GmbH, Fingerprints cards AB, Fujitsu Limited, IDTECK, NEC Corporation, Siemens AG, RCG Holdings, Ltd., and Thales Group.

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters

1.4.1.Assumptions
1.4.2.Forecast parameters

1.5.Data sources

1.5.1.Primary
1.5.2.Secondary

2.Executive Summary

2.1.360° summary
2.2.By Technology type trends
2.3.By Authentication type trends
2.4.By Component trends
2.5.By End-User trends

3.Market overview

3.1.Market segmentation & definitions
3.2.Key takeaways

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five forces analysis

3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market

3.4.Market dynamics

3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities

3.5.Component landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Pricing overview

3.8.1.by Technology type
3.8.2.by Authentication type
3.8.3.By Component type
3.8.4.By End-user type

3.9.Market value chain analysis

3.9.1.Stress point analysis
3.9.2.Raw material analysis
3.9.3.Manufacturing process
3.9.4.Component analysis
3.9.5.Operating vendors

3.9.5.1.Raw material suppliers
3.9.5.2.Product manufacturers
3.9.5.3.Product distributors

3.10.Strategic overview

4.Biometrics Market, by Technology type

4.1.Face recognition

4.1.1.Market size and forecast, by region, 2020-2028
4.1.2.Comparative market share analysis, 2020 & 2028

4.2.Fingerprint recognition

4.2.1.Market size and forecast, by region, 2020-2028
4.2.2.Comparative market share analysis, 2020 & 2028

4.3.Iris recognition

4.3.1.Market size and forecast, by region, 2020-2028
4.3.2.Comparative market share analysis, 2020 & 2028

4.4.Voice recognition

4.4.1.Market size and forecast, by region, 2020-2028
4.4.2.Comparative market share analysis, 2020 & 2028

4.5.Others

4.5.1.Market size and forecast, by region, 2020-2028
4.5.2.Comparative market share analysis, 2020 & 2028

5.Biometrics Market, by Authentication type

5.1.Single-Factor Authentication

5.1.1.Market size and forecast, by region, 2020-2028
5.1.2.Comparative market share analysis, 2020 & 2028

5.2.Multi-Factor Authentication

5.2.1.Market size and forecast, by region, 2020-2028
5.2.2.Comparative market share analysis, 2020 & 2028

6.Biometrics Market, by Component

6.1.Mobile

6.1.1.Market size and forecast, by region, 2020-2028
6.1.2.Comparative market share analysis, 2020 & 2028

6.2.PC

6.2.1.Market size and forecast, by region, 2020-2028
6.2.2.Comparative market share analysis, 2020 & 2028

6.3.Payments

6.3.1.Market size and forecast, by region, 2020-2028
6.3.2.Comparative market share analysis, 2020 & 2028

6.4.Access

6.4.1.Market size and forecast, by region, 2020-2028
6.4.2.Comparative market share analysis, 2020 & 2028

7.Biometrics Market, by End-User

7.1.Government & Defense

7.1.1.Market size and forecast, by region, 2020-2028
7.1.2.Comparative market share analysis, 2020 & 2028

7.2.Healthcare

7.2.1.Market size and forecast, by region, 2020-2028
7.2.2.Comparative market share analysis, 2020 & 2028

7.3.BFSI

7.3.1.Market size and forecast, by region, 2020-2028
7.3.2.Comparative market share analysis, 2020 & 2028

7.4.Consumer Electronics

7.4.1.Market size and forecast, by region, 2020-2028
7.4.2.Comparative market share analysis, 2020 & 2028

7.5.Others

7.5.1.Market size and forecast, by region, 2020-2028
7.5.2.Comparative market share analysis, 2020 & 2028

8.Biometrics Market, by Region

8.1.North America

8.1.1.Market size and forecast, by Technology type, 2020-2028
8.1.2.Market size and forecast, by Authentication type, 2020-2028
8.1.3.Market size and forecast, by Component, 2020-2028
8.1.4.Market size and forecast, by End-user, 2020-2028
8.1.5.Market size and forecast, by country, 2020-2028
8.1.6.Comparative market share analysis, 2020 & 2028

8.1.7.U.S.

8.1.7.1.Market size and forecast, by Technology type, 2020-2028
8.1.7.2.Market size and forecast, by Authentication type, 2020-2028
8.1.7.3.Market size and forecast, by Component, 2020-2028
8.1.7.4.Market size and forecast, by End-user, 2020-2028
8.1.7.5.Comparative market share analysis, 2020 & 2028

8.1.8.Canada

8.1.8.1.Market size and forecast, by Technology type, 2020-2028
8.1.8.2.Market size and forecast, by Authentication type, 2020-2028
8.1.8.3.Market size and forecast, by Component, 2020-2028
8.1.8.4.Market size and forecast, by End-user, 2020-2028
8.1.8.5.Comparative market share analysis, 2020 & 2028

8.1.9.Mexico

8.1.9.1.Market size and forecast, by Technology type, 2020-2028
8.1.9.2.Market size and forecast, by Authentication type, 2020-2028
8.1.9.3.Market size and forecast, by Component, 2020-2028
8.1.9.4.Market size and forecast, by End-user, 2020-2028
8.1.9.5.Comparative market share analysis, 2020 & 2028

8.2.Europe

8.2.1.Market size and forecast, by Technology type, 2020-2028
8.2.2.Market size and forecast, by Authentication type, 2020-2028
8.2.3.Market size and forecast, by Component, 2020-2028
8.2.4.Market size and forecast, by End-user, 2020-2028
8.2.5.Market size and forecast, by country, 2020-2028
8.2.6.Comparative market share analysis, 2020 & 2028

8.2.7.Germany

8.2.7.1.Market size and forecast, by Technology type, 2020-2028
8.2.7.2.Market size and forecast, by Authentication type, 2020-2028
8.2.7.3.Market size and forecast, by Component, 2020-2028
8.2.7.4.Market size and forecast, by End-user, 2020-2028
8.2.7.5.Comparative market share analysis, 2020 & 2028

8.2.8.UK

8.2.8.1.Market size and forecast, by Technology type, 2020-2028
8.2.8.2.Market size and forecast, by Authentication type, 2020-2028
8.2.8.3.Market size and forecast, by Component, 2020-2028
8.2.8.4.Market size and forecast, by End-user, 2020-2028
8.2.8.5.Comparative market share analysis, 2020 & 2028

8.2.9.France

8.2.9.1.Market size and forecast, by Technology type, 2020-2028
8.2.9.2.Market size and forecast, by Authentication type, 2020-2028
8.2.9.3.Market size and forecast, by Component, 2020-2028
8.2.9.4.Market size and forecast, by End-user, 2020-2028
8.2.9.5.Comparative market share analysis, 2020 & 2028

8.2.10.Italy

8.2.10.1.Market size and forecast, by Technology type, 2020-2028
8.2.10.2.Market size and forecast, by Authentication type, 2020-2028
8.2.10.3.Market size and forecast, by Component, 2020-2028
8.2.10.4.Market size and forecast, by End-user, 2020-2028
8.2.10.5.Comparative market share analysis, 2020 & 2028

8.2.11.Spain

8.2.11.1.Market size and forecast, by Technology type, 2020-2028
8.2.11.2.Market size and forecast, by Authentication type, 2020-2028
8.2.11.3.Market size and forecast, by Component, 2020-2028
8.2.11.4.Market size and forecast, by End-user, 2020-2028
8.2.11.5.Comparative market share analysis, 2020 & 2028

8.2.12.Rest of Europe

8.2.12.1.Market size and forecast, by Technology type, 2020-2028
8.2.12.2.Market size and forecast, by Authentication type, 2020-2028
8.2.12.3.Market size and forecast, by Component, 2020-2028
8.2.12.4.Market size and forecast, by End-user, 2020-2028
8.2.12.5.Comparative market share analysis, 2020 & 2028

8.3.Asia-Pacific

8.3.1.Market size and forecast, by Technology type, 2020-2028
8.3.2.Market size and forecast, by Authentication type, 2020-2028
8.3.3.Market size and forecast, by Component, 2020-2028
8.3.4.Market size and forecast, by End-user, 2020-2028
8.3.5.Market size and forecast, by country, 2020-2028
8.3.6.Comparative market share analysis, 2020 & 2028

8.3.7.China

8.3.7.1.Market size and forecast, by Technology type, 2020-2028
8.3.7.2.Market size and forecast, by Authentication type, 2020-2028
8.3.7.3.Market size and forecast, by Component, 2020-2028
8.3.7.4.Market size and forecast, by End-user, 2020-2028
8.3.7.5.Comparative market share analysis, 2020 & 2028

8.3.8.Japan

8.3.8.1.Market size and forecast, by Technology type, 2020-2028
8.3.8.2.Market size and forecast, by Authentication type, 2020-2028
8.3.8.3.Market size and forecast, by Component, 2020-2028
8.3.8.4.Market size and forecast, by End-user, 2020-2028
8.3.8.5.Comparative market share analysis, 2020 & 2028

8.3.9.India

8.3.9.1.Market size and forecast, by Technology type, 2020-2028
8.3.9.2.Market size and forecast, by Authentication type, 2020-2028
8.3.9.3.Market size and forecast, by Component, 2020-2028
8.3.9.4.Market size and forecast, by End-user, 2020-2028
8.3.9.5.Comparative market share analysis, 2020 & 2028

8.3.10.South Korea

8.3.10.1.Market size and forecast, by Technology type, 2020-2028
8.3.10.2.Market size and forecast, by Authentication type, 2020-2028
8.3.10.3.Market size and forecast, by Component, 2020-2028
8.3.10.4.Market size and forecast, by End-user, 2020-2028
8.3.10.5.Comparative market share analysis, 2020 & 2028

8.3.11.Australia

8.3.11.1.Market size and forecast, by Technology type, 2020-2028
8.3.11.2.Market size and forecast, by Authentication type, 2020-2028
8.3.11.3.Market size and forecast, by Component, 2020-2028
8.3.11.4.Market size and forecast, by End-user, 2020-2028
8.3.11.5.Comparative market share analysis, 2020 & 2028

8.3.12.Rest of Asia Pacific

8.3.12.1.Market size and forecast, by Technology type, 2020-2028
8.3.12.2.Market size and forecast, by Authentication type, 2020-2028
8.3.12.3.Market size and forecast, by Component, 2020-2028
8.3.12.4.Market size and forecast, by End-user, 2020-2028
8.3.12.5.Comparative market share analysis, 2020 & 2028

8.4.LAMEA

8.4.1.Market size and forecast, by Technology type, 2020-2028
8.4.2.Market size and forecast, by Authentication type, 2020-2028
8.4.3.Market size and forecast, by Component, 2020-2028
8.4.4.Market size and forecast, by End-user, 2020-2028
8.4.5.Market size and forecast, by country, 2020-2028
8.4.6.Comparative market share analysis, 2020 & 2028

8.4.7.Latin America

8.4.7.1.Market size and forecast, by Technology type, 2020-2028
8.4.7.2.Market size and forecast, by Authentication type, 2020-2028
8.4.7.3.Market size and forecast, by Component, 2020-2028
8.4.7.4.Market size and forecast, by End-user, 2020-2028
8.4.7.5.Comparative market share analysis, 2020 & 2028

8.4.8.Middle East

8.4.8.1.Market size and forecast, by Technology type, 2020-2028
8.4.8.2.Market size and forecast, by Authentication type, 2020-2028
8.4.8.3.Market size and forecast, by Component, 2020-2028
8.4.8.4.Market size and forecast, by End-user, 2020-2028
8.4.8.5.Comparative market share analysis, 2020 & 2028

8.4.9.Africa

8.4.9.1.Market size and forecast, by Technology type, 2020-2028
8.4.9.2.Market size and forecast, by Authentication type, 2020-2028
8.4.9.3.Market size and forecast, by Component, 2020-2028
8.4.9.4.Market size and forecast, by End-user, 2020-2028
8.4.9.5.Comparative market share analysis, 2020 & 2028

9.Company profiles

9.1.Accu-Time Systems

9.1.1.Business overview
9.1.2.Financial performance
9.1.3.Product portfolio
9.1.4.Recent strategic moves & developments
9.1.5.SWOT analysis

9.2.BIO-Key International Inc.

9.2.1.Business overview
9.2.2.Financial performance
9.2.3.Product portfolio
9.2.4.Recent strategic moves & developments
9.2.5.SWOT analysis

9.3.Cognitec Systems GmbH

9.3.1.Business overview
9.3.2.Financial performance
9.3.3.Product portfolio
9.3.4.Recent strategic moves & developments
9.3.5.SWOT analysis

9.4.Fingerprints cards AB

9.4.1.Business overview
9.4.2.Financial performance
9.4.3.Product portfolio
9.4.4.Recent strategic moves & developments
9.4.5.SWOT analysis

9.5.Fujitsu Limited

9.5.1.Business overview
9.5.2.Financial performance
9.5.3.Product portfolio
9.5.4.Recent strategic moves & developments
9.5.5.SWOT analysis

9.6.IDTECK

9.6.1.Business overview
9.6.2.Financial performance
9.6.3.Product portfolio
9.6.4.Recent strategic moves & developments
9.6.5.SWOT analysis

9.7.NEC Corporation

9.7.1.Business overview
9.7.2.Financial performance
9.7.3.Product portfolio
9.7.4.Recent strategic moves & developments
9.7.5.SWOT analysis

9.8.Siemens AG

9.8.1.Business overview
9.8.2.Financial performance
9.8.3.Product portfolio
9.8.4.Recent strategic moves & developments
9.8.5.SWOT analysis

9.9.RCG Holdings, Ltd.

9.9.1.Business overview
9.9.2.Financial performance
9.9.3.Product portfolio
9.9.4.Recent strategic moves & developments
9.9.5.SWOT analysis

9.10.Thales Group

9.10.1.Business overview
9.10.2.Financial performance
9.10.3.Product portfolio
9.10.4.Recent strategic moves & developments
9.10.5.SWOT analysis

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