The global Biometric Technology market size was valued at USD 6130.8 million in 2023 and is forecast to a readjusted size of USD 12350 million by 2030 with a CAGR of 10.5% during review period.
Biometrics technology is used for identification and authentication of individuals by measuring and analyzing their personal traits-fingerprints, iris, hand geometry, voice, face, vascular pattern, palm print, or behavioral characteristics-signature, typing pattern, gait. It is a major industry which forms a significant part of the biometric market.
Biometric technology provides advanced methodology over traditional PIN based methods. This technology is used to secure the sensitive or personal data from fraudulent use of an individual鈥檚 possessions, such as ATMs, smart cards, mobile phones or access to desktops, laptops, workstations, or networks by unique identification technique. It uses both physiological as well as psychological traits for identification that makes it beneficial in variety of crucial applications, such as national security, law enforcement, enterprise &e-governance, personal information & business transactions, and others. Biometric systems are designed with a storage component for biometric data samples of individuals and are linked to the information on their identity. Traditional methods could be compromised; for instance, a PIN or password could be forgotten or a key could be lost, but biometric traits are difficult to steal or forget. Owing to its unique characteristics and high security, biometric technology is used in variety of applications in industries, such as defense, government, healthcare, banking & finance, transport & immigration, commercial security, non-commercial safety, and others (hospitality, gaming, automobile, retail).
This report includes an overview of the development of the Biometric Technology industry chain, the market status of Public sector (Based on physical characteristics, Based on behavioral characteristics), Banking & financial sector (Based on physical characteristics, Based on behavioral characteristics), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Biometric Technology.
Regionally, the report analyzes the Biometric Technology markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Biometric Technology market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Biometric Technology market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Biometric Technology industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Based on physical characteristics, Based on behavioral characteristics).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Biometric Technology market.
Regional Analysis: The report involves examining the Biometric Technology market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Biometric Technology market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Biometric Technology:
Company Analysis: Report covers individual Biometric Technology players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Biometric Technology This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Public sector, Banking & financial sector).
Technology Analysis: Report covers specific technologies relevant to Biometric Technology. It assesses the current state, advancements, and potential future developments in Biometric Technology areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Biometric Technology market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Biometric Technology market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Based on physical characteristics
Based on behavioral characteristics
Market segment by Application
Public sector
Banking & financial sector
Healthcare
IT & telecommunication
Others (hospitality, retail, automotive)
Market segment by players, this report covers
3M Company (Cogent Systems, Inc.)
Fujitsu Frontech Limited
ImageWare Systems, Inc.
Suprema, Inc.
Safran S.A.
secunet Security Networks AG
Thales S.A.
BIO-key International, Inc.
NEC Corporation
Precise Biometrics
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Biometric Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Biometric Technology, with revenue, gross margin and global market share of Biometric Technology from 2019 to 2024.
Chapter 3, the Biometric Technology competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Biometric Technology market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Biometric Technology.
Chapter 13, to describe Biometric Technology research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Biometric Technology
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Biometric Technology by Type
1.3.1 Overview: Global Biometric Technology Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Biometric Technology Consumption Value Market Share by Type in 2023
1.3.3 Based on physical characteristics
1.3.4 Based on behavioral characteristics
1.4 Global Biometric Technology Market by Application
1.4.1 Overview: Global Biometric Technology Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Public sector
1.4.3 Banking & financial sector
1.4.4 Healthcare
1.4.5 IT & telecommunication
1.4.6 Others (hospitality, retail, automotive)
1.5 Global Biometric Technology Market Size & Forecast
1.6 Global Biometric Technology Market Size and Forecast by Region
1.6.1 Global Biometric Technology Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Biometric Technology Market Size by Region, (2019-2030)
1.6.3 North America Biometric Technology Market Size and Prospect (2019-2030)
1.6.4 Europe Biometric Technology Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Biometric Technology Market Size and Prospect (2019-2030)
1.6.6 South America Biometric Technology Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Biometric Technology Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 3M Company (Cogent Systems, Inc.)
2.1.1 3M Company (Cogent Systems, Inc.) Details
2.1.2 3M Company (Cogent Systems, Inc.) Major Business
2.1.3 3M Company (Cogent Systems, Inc.) Biometric Technology Product and Solutions
2.1.4 3M Company (Cogent Systems, Inc.) Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 3M Company (Cogent Systems, Inc.) Recent Developments and Future Plans
2.2 Fujitsu Frontech Limited
2.2.1 Fujitsu Frontech Limited Details
2.2.2 Fujitsu Frontech Limited Major Business
2.2.3 Fujitsu Frontech Limited Biometric Technology Product and Solutions
2.2.4 Fujitsu Frontech Limited Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Fujitsu Frontech Limited Recent Developments and Future Plans
2.3 ImageWare Systems, Inc.
2.3.1 ImageWare Systems, Inc. Details
2.3.2 ImageWare Systems, Inc. Major Business
2.3.3 ImageWare Systems, Inc. Biometric Technology Product and Solutions
2.3.4 ImageWare Systems, Inc. Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 ImageWare Systems, Inc. Recent Developments and Future Plans
2.4 Suprema, Inc.
2.4.1 Suprema, Inc. Details
2.4.2 Suprema, Inc. Major Business
2.4.3 Suprema, Inc. Biometric Technology Product and Solutions
2.4.4 Suprema, Inc. Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Suprema, Inc. Recent Developments and Future Plans
2.5 Safran S.A.
2.5.1 Safran S.A. Details
2.5.2 Safran S.A. Major Business
2.5.3 Safran S.A. Biometric Technology Product and Solutions
2.5.4 Safran S.A. Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Safran S.A. Recent Developments and Future Plans
2.6 secunet Security Networks AG
2.6.1 secunet Security Networks AG Details
2.6.2 secunet Security Networks AG Major Business
2.6.3 secunet Security Networks AG Biometric Technology Product and Solutions
2.6.4 secunet Security Networks AG Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 secunet Security Networks AG Recent Developments and Future Plans
2.7 Thales S.A.
2.7.1 Thales S.A. Details
2.7.2 Thales S.A. Major Business
2.7.3 Thales S.A. Biometric Technology Product and Solutions
2.7.4 Thales S.A. Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Thales S.A. Recent Developments and Future Plans
2.8 BIO-key International, Inc.
2.8.1 BIO-key International, Inc. Details
2.8.2 BIO-key International, Inc. Major Business
2.8.3 BIO-key International, Inc. Biometric Technology Product and Solutions
2.8.4 BIO-key International, Inc. Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 BIO-key International, Inc. Recent Developments and Future Plans
2.9 NEC Corporation
2.9.1 NEC Corporation Details
2.9.2 NEC Corporation Major Business
2.9.3 NEC Corporation Biometric Technology Product and Solutions
2.9.4 NEC Corporation Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 NEC Corporation Recent Developments and Future Plans
2.10 Precise Biometrics
2.10.1 Precise Biometrics Details
2.10.2 Precise Biometrics Major Business
2.10.3 Precise Biometrics Biometric Technology Product and Solutions
2.10.4 Precise Biometrics Biometric Technology Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Precise Biometrics Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Biometric Technology Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Biometric Technology by Company Revenue
3.2.2 Top 3 Biometric Technology Players Market Share in 2023
3.2.3 Top 6 Biometric Technology Players Market Share in 2023
3.3 Biometric Technology Market: Overall Company Footprint Analysis
3.3.1 Biometric Technology Market: Region Footprint
3.3.2 Biometric Technology Market: Company Product Type Footprint
3.3.3 Biometric Technology Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Biometric Technology Consumption Value and Market Share by Type (2019-2024)
4.2 Global Biometric Technology Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Biometric Technology Consumption Value Market Share by Application (2019-2024)
5.2 Global Biometric Technology Market Forecast by Application (2025-2030)
6 North America
6.1 North America Biometric Technology Consumption Value by Type (2019-2030)
6.2 North America Biometric Technology Consumption Value by Application (2019-2030)
6.3 North America Biometric Technology Market Size by Country
6.3.1 North America Biometric Technology Consumption Value by Country (2019-2030)
6.3.2 United States Biometric Technology Market Size and Forecast (2019-2030)
6.3.3 Canada Biometric Technology Market Size and Forecast (2019-2030)
6.3.4 Mexico Biometric Technology Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Biometric Technology Consumption Value by Type (2019-2030)
7.2 Europe Biometric Technology Consumption Value by Application (2019-2030)
7.3 Europe Biometric Technology Market Size by Country
7.3.1 Europe Biometric Technology Consumption Value by Country (2019-2030)
7.3.2 Germany Biometric Technology Market Size and Forecast (2019-2030)
7.3.3 France Biometric Technology Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Biometric Technology Market Size and Forecast (2019-2030)
7.3.5 Russia Biometric Technology Market Size and Forecast (2019-2030)
7.3.6 Italy Biometric Technology Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Biometric Technology Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Biometric Technology Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Biometric Technology Market Size by Region
8.3.1 Asia-Pacific Biometric Technology Consumption Value by Region (2019-2030)
8.3.2 China Biometric Technology Market Size and Forecast (2019-2030)
8.3.3 Japan Biometric Technology Market Size and Forecast (2019-2030)
8.3.4 South Korea Biometric Technology Market Size and Forecast (2019-2030)
8.3.5 India Biometric Technology Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Biometric Technology Market Size and Forecast (2019-2030)
8.3.7 Australia Biometric Technology Market Size and Forecast (2019-2030)
9 South America
9.1 South America Biometric Technology Consumption Value by Type (2019-2030)
9.2 South America Biometric Technology Consumption Value by Application (2019-2030)
9.3 South America Biometric Technology Market Size by Country
9.3.1 South America Biometric Technology Consumption Value by Country (2019-2030)
9.3.2 Brazil Biometric Technology Market Size and Forecast (2019-2030)
9.3.3 Argentina Biometric Technology Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Biometric Technology Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Biometric Technology Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Biometric Technology Market Size by Country
10.3.1 Middle East & Africa Biometric Technology Consumption Value by Country (2019-2030)
10.3.2 Turkey Biometric Technology Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Biometric Technology Market Size and Forecast (2019-2030)
10.3.4 UAE Biometric Technology Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Biometric Technology Market Drivers
11.2 Biometric Technology Market Restraints
11.3 Biometric Technology Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Biometric Technology Industry Chain
12.2 Biometric Technology Upstream Analysis
12.3 Biometric Technology Midstream Analysis
12.4 Biometric Technology Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
3M Company (Cogent Systems, Inc.)
Fujitsu Frontech Limited
ImageWare Systems, Inc.
Suprema, Inc.
Safran S.A.
secunet Security Networks AG
Thales S.A.
BIO-key International, Inc.
NEC Corporation
Precise Biometrics
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