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Nov 9, 2018
Biometric Technology Market 2018 Global Trend, Segmentation And Opportunities Forecast To 2023
Pune, India - November 9, 2018 /MarketersMedia/ —
Biometrics technology Industry
Description
Global Biometric Technology market is expected to grow from $3.24 billion in 2016 to reach $12.22 billion by 2023 with a CAGR of 20.8%. Biometrics technology is used for recognition and verification of persons by analyzing their fingerprints, voice, face, iris and hand geometry signatures. Some of the key factors that are propelling the market growth include advancement in technologies, rising applications in commercial & government sectors, growing demand for improved security systems in organizations. However, hug capital investments and technological restrictions are some factors creating a challenge for this market.
By application, automated fingerprint identification system (AFIS) is expected to witness highest CAGR over the forecast period owing to its demand in various civil applications and law enforcements. Based on geography, Asia Pacific region is anticipated to be the fastest growing market attributed to rising awareness of biometrics technology in emerging nations. The markets in China, India, Mexico and Russia are projected to grow significantly.
Some of the key players in this market include Suprema, Inc., Fujitsu Limited, IDTECK, IrisGuard, Inc. , Lumidigm, Inc., Morpho SA (Safran), NEC Corporation, RCG Holdings, Ltd.,
BIO-Key International, Inc., Cognitec Systems, GmbH, Daon, Inc., Accu-Time Systems, Inc., DigitalPersona, Inc., Siemens AG and 3M Cogent, Inc.
Components Covered:
• Hardware
o Scanners
o Fingerprint Readers
o Camera
o Other Hardware
• Software
Function Types Covered:
• Contact
• Non-Contact
• Other Function Types
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Applications Covered:
• Voice Recognition
• Non-Automated Fingerprint Identification System (AFIS)
• Signature Recognition
• Vein Recognition
• Iris Recognition
• Hand geometry Recognition
• Biometrics Combined With Pin Authentication
• Face Recognition
• Biometric System Combined With Smart Card Authentication
• Automated Fingerprint Identification System (AFIS)
• Multi-Modal Authentication
• Other Applications
End Users Covered:
• Travel & Immigration
• Healthcare
• Banking & Finance
• Defense & Security
• Government
• IT & Telecommunication
• Consumer Electronics
• Transport/Logistics
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Table of Content
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Biometrics Technology Market, By Component
6 Global Biometrics Technology Market, By Function Type
7 Global Biometrics Technology Market, By Application
8 Global Biometrics Technology Market, By End User
9 Geographical Segmentation
10 Key Developments
11 Company Profiling
List Of Tables
Table 1 Global Biometrics Technology Market Analysis, By Region (2014-2023) ($MN)
Table 2 Global Biometrics Technology Market Analysis, By Component (2014-2023) ($MN)
Table 3 Global Biometrics Technology Market Analysis, By Hardware (2014-2023) ($MN)
Table 4 Global Biometrics Technology Market Analysis, By Scanners (2014-2023) ($MN)
Table 5 Global Biometrics Technology Market Analysis, By Fingerprint Readers (2014-2023) ($MN)
Table 6 Global Biometrics Technology Market Analysis, By Camera (2014-2023) ($MN)
Table 7 Global Biometrics Technology Market Analysis, By Other Hardware (2014-2023) ($MN)
Table 8 Global Biometrics Technology Market Analysis, By Software (2014-2023) ($MN)
Table 9 Global Biometrics Technology Market Analysis, By Function Type (2014-2023) ($MN)
Table 10 Global Biometrics Technology Market Analysis, By Contact (2014-2023) ($MN)
Table 11 Global Biometrics Technology Market Analysis, By Non-Contact (2014-2023) ($MN)
Table 12 Global Biometrics Technology Market Analysis, By Other Function Types (2014-2023) ($MN)
Table 13 Global Biometrics Technology Market Analysis, By Application (2014-2023) ($MN)
Table 14 Global Biometrics Technology Market Analysis, By Voice Recognition (2014-2023) ($MN)
Table 15 Global Biometrics Technology Market Analysis, By Non-Automated Fingerprint Identification System (AFIS) (2014-2023) ($MN)
Table 16 Global Biometrics Technology Market Analysis, By Signature Recognition (2014-2023) ($MN)
Table 17 Global Biometrics Technology Market Analysis, By Vein Recognition (2014-2023) ($MN)
Table 18 Global Biometrics Technology Market Analysis, By Iris Recognition (2014-2023) ($MN)
Table 19 Global Biometrics Technology Market Analysis, By Hand geometry Recognition (2014-2023) ($MN)
Table 20 Global Biometrics Technology Market Analysis, By Biometrics Combined With Pin Authentication (2014-2023) ($MN)
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Release ID: 441159
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