Next Generation Biometrics - Global Market Outlook (2017-2026)

Next Generation Biometrics - Global Market Outlook (2017-2026)

  • Published: August 2018
  • ID: SMRC17459

According to Stratistics MRC, the Global Next Generation Biometrics Market is accounted for $13.89 billion in 2017 and is expected to reach $63.26 billion by 2026 growing at a CAGR of 18.3% during the forecast period. Increasing number of government initiatives to adopt biometrics, growing need for surveillance and security owing to the threats of terrorist attack, proliferation of biometric technology in applications such as financial institutes, retail & automotive and increased convenience, secure identity management & superior human resource management are the key driving factors for the market growth. However, high deployment costs are hindering the market growth.

The identity of a person’s based on certain physical or behavioral characteristics is recognized and authenticated by the biometric process. A person can be exceptionally identified by evaluating one or more distinguishing biological traits through biometric verification. The uniqueness of a person can be identified from different types of biometric technologies such as fingerprints, signature, palm recognition, face detection and record of their voice. This data is then compared to the biometric data of several other persons kept in a database to authenticate a person’s identity. With the help of this biometric technology, the government agencies are able to solve crimes, prevent fraud in voting or public benefit applications, secure national borders, or protect identities for a variety of other applications, such as access control, banking and employee background checks.

Based on Application, Banking & Finance segment held considerable market share during the forecast period. These Authuntication systems can also lift satisfaction of their customers, as it can eliminate passwords and increase the demand to adopt for biometrics in banking sector, which makes this market grow bullishly. For instance, Major Banks are also rolling out biometric authentication. JP Morgan, Chase, Bank of America and Wells Fargo allow their customers to log in to mobile banking via fingerprint authentication. By geography, Asia Pacific is expected to grow at a faster rate due to technological advancements and effective pricing of biometric devices across the region.

Some of the key players profiled in the Next Generation Biometrics Market include Assa Abloy, Aware, Bio-Key International, Cognitec Systems, Cross Match Technologies, Daon, Facebanx, Fujitsu, NEC, Precise Biometrics, Safran, Secunet Security Networks, Securiport and Stanley Black & Decker and Thales.

Types Covered:
• Noncontact Functionality
• Combined Functionality
• Contact Functionality

Components Covered:
• Software
• Hardware
• Services

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

 Applications Covered:
• Government
• Miltary & Defence
• Law Enforcement
• Enterprises
• Banking & Finance
• Healthcare
• Residential Homes
• Airports
• Consumer Electronics
• Automotive
• Security
• Other Applications

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • 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 9 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

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 Application Analysis     
 3.7 Emerging Markets      
 3.8 Futuristic Market Scenario     
         
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 Next Generation Biometrics Market, By Type   
 5.1 Introduction      
 5.2 Noncontact Functionality      
 5.3 Combined Functionality     
 5.4 Contact Functionality      
         
6 Global Next Generation Biometrics Market, By Component   
 6.1 Introduction      
 6.2 Software       
 6.3 Hardware       
  6.3.1 Scanners       
  6.3.2 Camera      
  6.3.3 Other Hardwares     
   6.3.3.1 Speaker     
   6.3.3.2 Connectivity IC    
   6.3.3.3 Microphone    
   6.3.3.4 Rfid Reader    
 6.4 Services       
  6.4.1 Support & Maintenance Services   
  6.4.2 Installation Services    
         
7 Global Next Generation Biometrics Market, By Authetication Type  
 7.1 Introduction      
 7.2 Single-Factor Authentication      
  7.2.1 Fingerprint Recognition    
   7.2.1.1 AFIS     
   7.2.1.2 Non-AFIS     
  7.2.2 Vein Recognition     
  7.2.3 Face Recognition     
  7.2.4 Palm Print Recognition    
  7.2.5 Voice Recognition     
  7.2.6 Signature Recognition    
  7.2.7 IRIS Recognition     
  7.2.8 Other Authentications    
   7.2.8.1 Otoacoustic Recognition   
   7.2.8.2 Keystroke Recognition   
   7.2.8.3 DNA Recognition    
   7.2.8.4 Gait Recognition    
 7.3 Multifactor Authentication      
  7.3.1 Pin With Biometrics     
  7.3.2 Multimodal Biometrics    
  7.3.3 Smart Card With Biometrics    
   7.3.3.1 Two-Factor Biometrics   
   7.3.3.2 Three-Factor Biometrics   
         
8 Global Next Generation Biometrics Market, By Application   
 8.1 Introduction      
 8.2 Government       
  8.2.1 National ID     
  8.2.2 Passport      
  8.2.3 Driving License     
  8.2.4 Other Government Applications   
 8.3 Military & Defense       
  8.3.1 Fake Identity Detection    
  8.3.2 Surveillance     
  8.3.3 Other Miltary & Defence Applications   
 8.4 Law enforcement       
  8.4.1 Forensic       
  8.4.2 Criminal identification    
  8.4.3 Database maintenance    
  8.4.4 Other Law Enforcements    
 8.5 Enterprises      
  8.5.1 Physical and logical access    
  8.5.2 Time and attendance    
  8.5.3 Other Enterprises     
 8.6 Banking & Finance       
  8.6.1 ATM      
  8.6.2 Smart Cards     
  8.6.3 Online Transactions     
  8.6.4 Account enrollment     
  8.6.5 Other Bank ApplicationS    
 8.7 Healthcare       
  8.7.1 Donor Cards     
  8.7.2 Patient Records     
  8.7.3 Other Healthcare Applications    
 8.8 Residential Homes      
  8.8.1 Lock      
  8.8.2 Intrusion check     
 8.9 Airports       
  8.9.1 Identification     
  8.9.2 Other Airport Applications    
 8.10 Consumer Electronics      
  8.10.1 Smart Phones     
  8.10.2 Laptops      
  8.10.3 Other Consumer Electronics Applications  
 8.11 Automotive       
 8.12 Security        
  8.12.1 Residential Security     
  8.12.2 Commercial Security    
 8.13 Other Applications       
  8.13.1 Entertainment     
  8.13.2 Industrial      
  8.13.3 Utility      
         
9 Global Next Generation Biometrics Market, By Geography   
 9.1 Introduction      
 9.2 North America      
  9.2.1 US      
  9.2.2 Canada       
  9.2.3 Mexico      
 9.3 Europe       
  9.3.1 Germany      
  9.3.2 UK      
  9.3.3 Italy      
  9.3.4 France      
  9.3.5 Spain      
  9.3.6 Rest of Europe     
 9.4 Asia Pacific      
  9.4.1 Japan      
  9.4.2 China      
  9.4.3 India      
  9.4.4 Australia      
  9.4.5 New Zealand     
  9.4.6 South Korea     
  9.4.7 Rest of Asia Pacific     
 9.5 South America      
  9.5.1 Argentina     
  9.5.2 Brazil      
  9.5.3 Chile      
  9.5.4 Rest of South America    
 9.6 Middle East & Africa     
  9.6.1 Saudi Arabia     
  9.6.2 UAE      
  9.6.3 Qatar      
  9.6.4 South Africa     
  9.6.5 Rest of Middle East & Africa    
         
10 Key Developments       
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 10.2 Acquisitions & Mergers     
 10.3 New Product Launch     
 10.4 Expansions      
 10.5 Other Key Strategies     
         
11 Company Profiling       
 11.1 Assa Abloy      
 11.2 Aware       
 11.3 Bio-Key International     
 11.4 Cognitec Systems      
 11.5 Cross Match Technologies     
 11.6 Daon       
 11.7 Facebanx       
 11.8 Fujitsu       
 11.9 NEC       
 11.10 Precise Biometrics      
 11.11 Safran       
 11.12 Secunet Security Networks     
 11.13 Securiport      
 11.14 Stanley Black & Decker     
 11.15 Thales       


List of Tables        
1 Global Next Generation Biometrics Market Outlook, By Region (2016-2026) (US $MN) 
2 Global Next Generation Biometrics Market Outlook, By Type (2016-2026) (US $MN) 
3 Global Next Generation Biometrics Market Outlook, By Noncontact Functionality (2016-2026) (US $MN)
4 Global Next Generation Biometrics Market Outlook, By Combined Functionality (2016-2026) (US $MN)
5 Global Next Generation Biometrics Market Outlook, By Contact Functionality (2016-2026) (US $MN)
6 Global Next Generation Biometrics Market Outlook, By Component (2016-2026) (US $MN) 
7 Global Next Generation Biometrics Market Outlook, By Software (2016-2026) (US $MN) 
8 Global Next Generation Biometrics Market Outlook, By Hardware (2016-2026) (US $MN) 
9 Global Next Generation Biometrics Market Outlook, By Scanners (2016-2026) (US $MN) 
10 Global Next Generation Biometrics Market Outlook, By Fingerprint Readers (2016-2026) (US $MN)
11 Global Next Generation Biometrics Market Outlook, By Camera (2016-2026) (US $MN) 
12 Global Next Generation Biometrics Market Outlook, By Other Hardwares (2016-2026) (US $MN)
13 Global Next Generation Biometrics Market Outlook, By Services (2016-2026) (US $MN) 
14 Global Next Generation Biometrics Market Outlook, By Support & Maintenance Services (2016-2026) (US $MN)
15 Global Next Generation Biometrics Market Outlook, By Installation Services (2016-2026) (US $MN)
16 Global Next Generation Biometrics Market Outlook, By Authetication Type (2016-2026) (US $MN)
17 Global Next Generation Biometrics Market Outlook, By Single-Factor Authentication (2016-2026) (US $MN)
18 Global Next Generation Biometrics Market Outlook, By Fingerprint Recognition (2016-2026) (US $MN)
19 Global Next Generation Biometrics Market Outlook, By Vein Recognition (2016-2026) (US $MN)
20 Global Next Generation Biometrics Market Outlook, By Face Recognition (2016-2026) (US $MN)
21 Global Next Generation Biometrics Market Outlook, By Palm Print Recognition (2016-2026) (US $MN)
22 Global Next Generation Biometrics Market Outlook, By Voice Recognition (2016-2026) (US $MN)
23 Global Next Generation Biometrics Market Outlook, By Signature Recognition (2016-2026) (US $MN)
24 Global Next Generation Biometrics Market Outlook, By IRIS Recognition (2016-2026) (US $MN)
25 Global Next Generation Biometrics Market Outlook, By Other Authentications (2016-2026) (US $MN)
26 Global Next Generation Biometrics Market Outlook, By Multifactor Authentication (2016-2026) (US $MN)
27 Global Next Generation Biometrics Market Outlook, By Pin With Biometrics (2016-2026) (US $MN)
28 Global Next Generation Biometrics Market Outlook, By Multimodal Biometrics (2016-2026) (US $MN)
29 Global Next Generation Biometrics Market Outlook, By Smart Card With Biometrics (2016-2026) (US $MN)
30 Global Next Generation Biometrics Market Outlook, By Application (2016-2026) (US $MN) 
31 Global Next Generation Biometrics Market Outlook, By Government (2016-2026) (US $MN) 
32 Global Next Generation Biometrics Market Outlook, By National ID (2016-2026) (US $MN) 
33 Global Next Generation Biometrics Market Outlook, By Passport (2016-2026) (US $MN) 
34 Global Next Generation Biometrics Market Outlook, By Driving License (2016-2026) (US $MN) 
35 Global Next Generation Biometrics Market Outlook, By Other Government Applications (2016-2026) (US $MN)
36 Global Next Generation Biometrics Market Outlook, By Military & Defense (2016-2026) (US $MN)
37 Global Next Generation Biometrics Market Outlook, By Fake Identity Detection (2016-2026) (US $MN)
38 Global Next Generation Biometrics Market Outlook, By Surveillance (2016-2026) (US $MN) 
39 Global Next Generation Biometrics Market Outlook, By Other Miltary & Defence Applications (2016-2026) (US $MN)
40 Global Next Generation Biometrics Market Outlook, By Law enforcement (2016-2026) (US $MN)
41 Global Next Generation Biometrics Market Outlook, By Forensic (2016-2026) (US $MN) 
42 Global Next Generation Biometrics Market Outlook, By Criminal identification (2016-2026) (US $MN)
43 Global Next Generation Biometrics Market Outlook, By Database maintenance (2016-2026) (US $MN)
44 Global Next Generation Biometrics Market Outlook, By Other Law Enforcements (2016-2026) (US $MN)
45 Global Next Generation Biometrics Market Outlook, By Enterprises (2016-2026) (US $MN) 
46 Global Next Generation Biometrics Market Outlook, By Physical and logical access (2016-2026) (US $MN)
47 Global Next Generation Biometrics Market Outlook, By Time and attendance (2016-2026) (US $MN)
48 Global Next Generation Biometrics Market Outlook, By Other Enterprises (2016-2026) (US $MN)
49 Global Next Generation Biometrics Market Outlook, By Banking & Finance (2016-2026) (US $MN)
50 Global Next Generation Biometrics Market Outlook, By ATM (2016-2026) (US $MN)  
51 Global Next Generation Biometrics Market Outlook, By Smart Cards (2016-2026) (US $MN) 
52 Global Next Generation Biometrics Market Outlook, By Online Transactions (2016-2026) (US $MN)
53 Global Next Generation Biometrics Market Outlook, By Account enrollment (2016-2026) (US $MN)
54 Global Next Generation Biometrics Market Outlook, By Other Bank ApplicationS (2016-2026) (US $MN)
55 Global Next Generation Biometrics Market Outlook, By Healthcare (2016-2026) (US $MN) 
56 Global Next Generation Biometrics Market Outlook, By Donor Cards (2016-2026) (US $MN) 
57 Global Next Generation Biometrics Market Outlook, By Patient Records (2016-2026) (US $MN)
58 Global Next Generation Biometrics Market Outlook, By Other Healthcare Applications (2016-2026) (US $MN)
59 Global Next Generation Biometrics Market Outlook, By Residential Homes (2016-2026) (US $MN)
60 Global Next Generation Biometrics Market Outlook, By Lock (2016-2026) (US $MN)  
61 Global Next Generation Biometrics Market Outlook, By Intrusion check (2016-2026) (US $MN)
62 Global Next Generation Biometrics Market Outlook, By Airports (2016-2026) (US $MN) 
63 Global Next Generation Biometrics Market Outlook, By Identification (2016-2026) (US $MN) 
64 Global Next Generation Biometrics Market Outlook, By Other Airport Applications (2016-2026) (US $MN)
65 Global Next Generation Biometrics Market Outlook, By Consumer Electronics (2016-2026) (US $MN)
66 Global Next Generation Biometrics Market Outlook, By Smart Phones (2016-2026) (US $MN) 
67 Global Next Generation Biometrics Market Outlook, By Laptops (2016-2026) (US $MN) 
68 Global Next Generation Biometrics Market Outlook, By Other Consumer Electronics Applications (2016-2026) (US $MN)
69 Global Next Generation Biometrics Market Outlook, By Automotive (2016-2026) (US $MN) 
70 Global Next Generation Biometrics Market Outlook, By Security (2016-2026) (US $MN) 
71 Global Next Generation Biometrics Market Outlook, By Residential Security (2016-2026) (US $MN)
72 Global Next Generation Biometrics Market Outlook, By Commercial Security (2016-2026) (US $MN)
73 Global Next Generation Biometrics Market Outlook, By Other Applications (2016-2026) (US $MN)
74 Global Next Generation Biometrics Market Outlook, By Entertainment (2016-2026) (US $MN) 
75 Global Next Generation Biometrics Market Outlook, By Industrial (2016-2026) (US $MN) 
76 Global Next Generation Biometrics Market Outlook, By Utility (2016-2026) (US $MN) 

NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above

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