Biometrics Market
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PUBLISHED: 2020 Ongoing ID: SMRC18996
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Biometrics - Global Market Outlook (2018-2027)

4.4 (92 reviews)
4.4 (92 reviews)
Published: 2020 Ongoing ID: SMRC18996

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Biometrics market is accounted for $17.28 billion in 2018 and is expected to reach $76.64 billion by 2027 growing at a CAGR of 18.0% during the forecast period. Some of the key factors such as need for security owing to threats of terrorist attacks and growing need for surveillance are driving the market growth during the forecast period. However, high deployment cost is the restraining factor for the growth of the market.

Biometrics is the term used to define metrics related to human characteristics. Biometrics authentication or realistic authentication is used in computer science as a form of identification and access control. It is also used to recognize individuals in groups that are below surveillance.

By authentication type, voice recognition is supposed to witness significant growth due to the consumer likes for a safer identity mechanism. Technological advancement in biometrics and the growing popularity of voice recognition biometrics in the BFSI sector will propel market growth of this segment during the forecast period.

On the basis of geography, North America is anticipated to hold considerable market share during the estimate period due to the rapid digitalization and increasing popularity of smart technology.  The growing government initiatives in countries such as Canada and US also fuel the market in this region.

Some of the key players in Biometrics Market include ASSA Abloy, Aware, Bio-Key International, Cognitec Systems, Daon, Facebanx, Fujitsu, Fulcrum Biometrics, NEC, Precise Biometrics, Safran, Secunet Security Networks, Securiport, Stanley Black & Decker and Thales.

Functionality Types Covered:
• Combined
• Noncontact
• Contact

Authentication Types Covered:
• Multi-Factor Authentication
• Single-Factor Authentication

Offerings Covered:
• Software
• Hardware

End Users Covered:
• Automotive & Transportation
• Government
• Travel
• Defense
• Consumer Goods & Electronics
• Healthcare & Life Sciences
• Banking & Finance Services and Insurance (BFSI)
• Security
• Offices & Industrial
• Information Technology
• Aerospace
• Agriculture
• Building, Construction & Real Estate
• Chemicals & Advanced Material
• Energy & Utilities
• Semiconductor
• Food & Beverage
• Packaging
• Retail

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
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
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary        
          
2 Preface     
    
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources        
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 End User Analysis       
 3.7 Emerging Markets       
 3.8 Impact of Covid-19      
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Biometrics Market, By Functionality Type     
 5.1 Introduction       
 5.2 Combined       
 5.3 Noncontact       
 5.4 Contact        
           
6 Global Biometrics Market, By Authentication Type     

 6.1 Introduction       
 6.2 Multi-Factor Authentication      
  6.2.1 Multimodal Biometric     
   6.2.1.1 Two-Factor Biometrics    
   6.2.1.2 Three-Factor Biometrics    
 6.3 Smart Card With Biometrics      
 6.4 Pin With Biometrics       
 6.5 Single-Factor Authentication      
  6.5.1 Fingerprint Recognition     
   6.5.1.1 Automated Fingerprint Identification System (AFIS) 
   6.5.1.2 Non-Automated Fingerprint Identification System (Non-AFIS) 
  6.5.2 Voice Recognition      
  6.5.3 Signature Recognition     
  6.5.4 Iris Recognition      
  6.5.5 Palm/Hand Recognition     
  6.5.6 Face Recognition      
  6.5.7 Vein Recognition      
  6.5.8 Other Authentication Types      
   6.5.8.1 DNA Recognition     
   6.5.8.2 GAIT Recognition     
   6.5.8.3 Keystroke Recognition    
          
7 Global Biometrics Market, By Component     
 7.1 Introduction       
 7.2 Software        
 7.3 Hardware       
  7.3.1 Readers        
  7.3.2 Camera       
  7.3.3 Scanners       
          
8 Global Biometrics Market, By Deployment     
 8.1 Introduction       
 8.2 On-Premise       
 8.3 On-Cloud        
          
9 Global Biometrics Market, By End User      
 9.1 Introduction       
 9.2 Automotive & Transportation      
 9.3 Government       
 9.4 Travel        
 9.5 Defense        
 9.6 Consumer Goods & Electronics     
 9.7 Healthcare & Life Sciences      
 9.8 Banking, Financial Services and Insurance (BFSI)    
 9.9 Security        
  9.9.1 Commercial Security     
  9.9.2 Residential Security      
 9.10 Offices & Industrial       
 9.11 Information Technology      
 9.12 Aerospace       
 9.13 Agriculture       
 9.14 Building, Construction & Real Estate     
 9.15 Chemicals & Advanced Material     
 9.16 Energy & Utilities       
 9.17 Semiconductor       
 9.18 Food & Beverage       
 9.19 Packaging       
 9.20 Retail        
          
10 Global Biometrics Market, By Geography      
 10.1 Introduction       
 10.2 North America       
  10.2.1 US       
  10.2.2 Canada       
  10.2.3 Mexico       
 10.3 Europe        
  10.3.1 Germany       
  10.3.2 UK       
  10.3.3 Italy       
  10.3.4 France       
  10.3.5 Spain       
  10.3.6 Rest of Europe      
 10.4 Asia Pacific       
  10.4.1 Japan       
  10.4.2 China       
  10.4.3 India       
  10.4.4 Australia       
  10.4.5 New Zealand      
  10.4.6 South Korea      
  10.4.7 Rest of Asia Pacific      
 10.5 South America       
  10.5.1 Argentina      
  10.5.2 Brazil       
  10.5.3 Chile       
  10.5.4 Rest of South America     
 10.6 Middle East & Africa      
  10.6.1 Saudi Arabia      
  10.6.2 UAE       
  10.6.3 Qatar       
  10.6.4 South Africa      
  10.6.5 Rest of Middle East & Africa     
          
11 Key Developments        
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 11.2 Acquisitions & Mergers      
 11.3 New Product Launch      
 11.4 Expansions        
 11.5 Other Key Strategies      
          
12 Company Profiling    
    
 12.1 Affectiva        
 12.2 Aisin Seiki       
 12.3 Aptiv        
 12.4 Audi        
 12.5 Autoliv        
 12.6 CardioID        
 12.7 Daimler        
 12.8 Eyesight         
 12.9 Faurecia        
 12.10 Ford        
 12.11 General Motors       
 12.12 Harman        
 12.13 Honda        
 12.14 Jaguar Land Rover       
 12.15 Lear       


List of Tables         
1 Global Biometrics Market Outlook, By Region (2017-2027) ($MN)   
2 Global Biometrics Market Outlook, By Functionality Type (2017-2027) ($MN)  
3 Global Biometrics Market Outlook, By Combined (2017-2027) ($MN)   
4 Global Biometrics Market Outlook, By Noncontact (2017-2027) ($MN)   
5 Global Biometrics Market Outlook, By Contact (2017-2027) ($MN)   
6 Global Biometrics Market Outlook, By Authentication Type (2017-2027) ($MN)  
7 Global Biometrics Market Outlook, By Multi-Factor Authentication (2017-2027) ($MN) 
8 Global Biometrics Market Outlook, By Multimodal Biometric (2017-2027) ($MN)  
9 Global Biometrics Market Outlook, By Smart Card With Biometrics (2017-2027) ($MN) 
10 Global Biometrics Market Outlook, By Pin With Biometrics (2017-2027) ($MN)  
11 Global Biometrics Market Outlook, By Single-Factor Authentication (2017-2027) ($MN) 
12 Global Biometrics Market Outlook, By Fingerprint Recognition (2017-2027) ($MN)  
13 Global Biometrics Market Outlook, By Voice Recognition (2017-2027) ($MN)  
14 Global Biometrics Market Outlook, By Signature Recognition (2017-2027) ($MN)  
15 Global Biometrics Market Outlook, By Iris Recognition (2017-2027) ($MN)  
16 Global Biometrics Market Outlook, By Palm/Hand Recognition (2017-2027) ($MN)  
17 Global Biometrics Market Outlook, By Face Recognition (2017-2027) ($MN)  
18 Global Biometrics Market Outlook, By Vein Recognition (2017-2027) ($MN)  
19 Global Biometrics Market Outlook, By Other Authentication Types (2017-2027) ($MN) 
20 Global Biometrics Market Outlook, By Component (2017-2027) ($MN)   
21 Global Biometrics Market Outlook, By Software (2017-2027) ($MN)   
22 Global Biometrics Market Outlook, By Hardware (2017-2027) ($MN)   
23 Global Biometrics Market Outlook, By Readers (2017-2027) ($MN)   
24 Global Biometrics Market Outlook, By Camera (2017-2027) ($MN)   
25 Global Biometrics Market Outlook, By Scanners (2017-2027) ($MN)   
26 Global Biometrics Market Outlook, By Deployment (2017-2027) ($MN)   
27 Global Biometrics Market Outlook, By On-Premise (2017-2027) ($MN)   
28 Global Biometrics Market Outlook, By On-Cloud (2017-2027) ($MN)   
29 Global Biometrics Market Outlook, By End User (2017-2027) ($MN)   
30 Global Biometrics Market Outlook, By Automotive & Transportation (2017-2027) ($MN) 
31 Global Biometrics Market Outlook, By Government (2017-2027) ($MN)   
32 Global Biometrics Market Outlook, By Travel (2017-2027) ($MN)   
33 Global Biometrics Market Outlook, By Defense (2017-2027) ($MN)   
34 Global Biometrics Market Outlook, By Consumer Goods & Electronics (2017-2027) ($MN) 
35 Global Biometrics Market Outlook, By Healthcare & Life Sciences (2017-2027) ($MN) 
36 Global Biometrics Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2017-2027) ($MN)
37 Global Biometrics Market Outlook, By Security (2017-2027) ($MN)   
38 Global Biometrics Market Outlook, By Commercial Security (2017-2027) ($MN)  
39 Global Biometrics Market Outlook, By Residential Security (2017-2027) ($MN)  
40 Global Biometrics Market Outlook, By Offices & Industrial (2017-2027) ($MN)  
41 Global Biometrics Market Outlook, By Information Technology (2017-2027) ($MN)  
42 Global Biometrics Market Outlook, By Aerospace (2017-2027) ($MN)   
43 Global Biometrics Market Outlook, By Agriculture (2017-2027) ($MN)   
44 Global Biometrics Market Outlook, By Building, Construction & Real Estate (2017-2027) ($MN) 
45 Global Biometrics Market Outlook, By Chemicals & Advanced Material (2017-2027) ($MN) 
46 Global Biometrics Market Outlook, By Energy & Utilities (2017-2027) ($MN)  
47 Global Biometrics Market Outlook, By Semiconductor (2017-2027) ($MN)   
48 Global Biometrics Market Outlook, By Food & Beverage (2017-2027) ($MN)  
49 Global Biometrics Market Outlook, By Packaging (2017-2027) ($MN)   
50 Global Biometrics Market Outlook, By Retail (2017-2027) ($MN)   
          
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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