Biometrics System Market - Global Industry Research and Forecast 2019 to 2024Posted by Rohit Mane on January 3rd, 2020 The Global Biometric System Market is estimated to reach USD 66.4 Billion in 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.
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. 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.
Biometric System Market report segmentation For the scope of report, In-depth segmentation is offered by Forencis Research Biometric System Market by Type
Biometric System Market, by Biometric Sensor Physiological
Behavioural
Biometric System Market by Component Hardware
Software
Biometric System Market by End Use Industry
Biometric System Market by Region Asia-Pacific
North America
Europe
Middle East and Africa
South America
Key Questions answered by the report
Report Audience
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
2.1 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
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
5.1 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
6.1 Introduction 6.2 Unimodal 6.3 Multimodal
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
8.1 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)
9.1 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
10.1 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
11.1 Introduction 11.2 Market Ranking/Share Analysis of Key Companies 11.3 Company Benchmarking
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
13.1 Key Industry Expert Insights 13.2 Primary Discussion Guide 13.3 Customization Options
About Forencis Research Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.
Contact Us FORENCIS RESEARCH Phone: +1 (720) 306 9020 Email: info@forencisresearch.com For more market research insights, please visit https://www.forencisresearch.com Like it? Share it! More by this author |