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Biometric Technology-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Biometric Technology market size is expected to reach US$ 12750 million by 2029, growing at a CAGR of 11.0% from 2023 to 2029. The market is mainly driven by the significant applications of Biometric Technology in various end use industries. The expanding demands from the Public sector, Banking & financial sector, Healthcare and IT & telecommunication, are propelling Biometric Technology market. Based on physical characteristics, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Based on behavioral characteristics segment is estimated at % CAGR for the next seven-year period.
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’s 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).
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Biometric Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Biometric Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Biometric Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biometric Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Biometric Technology covered in this report include 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. and NEC Corporation, etc.
The global Biometric Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Biometric Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Biometric Technology market, Segment by Type:
Based on physical characteristics
Based on behavioral characteristics
Global Biometric Technology market, by Application
Public sector
Banking & financial sector
Healthcare
IT & telecommunication
Others (hospitality, retail, automotive)
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Biometric Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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.
The global Biometric Technology market size is expected to reach US$ 12750 million by 2029, growing at a CAGR of 11.0% from 2023 to 2029. The market is mainly driven by the significant applications of Biometric Technology in various end use industries. The expanding demands from the Public sector, Banking & financial sector, Healthcare and IT & telecommunication, are propelling Biometric Technology market. Based on physical characteristics, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Based on behavioral characteristics segment is estimated at % CAGR for the next seven-year period.
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’s 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).
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Biometric Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Biometric Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Biometric Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biometric Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Biometric Technology covered in this report include 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. and NEC Corporation, etc.
The global Biometric Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Biometric Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Biometric Technology market, Segment by Type:
Based on physical characteristics
Based on behavioral characteristics
Global Biometric Technology market, by Application
Public sector
Banking & financial sector
Healthcare
IT & telecommunication
Others (hospitality, retail, automotive)
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Biometric Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Biometric Technology
1.1 Biometric Technology Market Overview
1.1.1 Biometric Technology Product Scope
1.1.2 Biometric Technology Market Status and Outlook
1.2 Global Biometric Technology Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Biometric Technology Market Size by Region (2018-2029)
1.4 Global Biometric Technology Historic Market Size by Region (2018-2023)
1.5 Global Biometric Technology Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Biometric Technology Market Size (2018-2029)
1.6.1 North America Biometric Technology Market Size (2018-2029)
1.6.2 Europe Biometric Technology Market Size (2018-2029)
1.6.3 Asia-Pacific Biometric Technology Market Size (2018-2029)
1.6.4 Latin America Biometric Technology Market Size (2018-2029)
1.6.5 Middle East & Africa Biometric Technology Market Size (2018-2029)
2 Biometric Technology Market by Type
2.1 Introduction
2.1.1 Based on physical characteristics
2.1.2 Based on behavioral characteristics
2.2 Global Biometric Technology Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Biometric Technology Historic Market Size by Type (2018-2023)
2.2.2 Global Biometric Technology Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Biometric Technology Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Biometric Technology Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Biometric Technology Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Biometric Technology Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Biometric Technology Revenue Breakdown by Type (2018-2029)
3 Biometric Technology Market Overview by Application
3.1 Introduction
3.1.1 Public sector
3.1.2 Banking & financial sector
3.1.3 Healthcare
3.1.4 IT & telecommunication
3.1.5 Others (hospitality, retail, automotive)
3.2 Global Biometric Technology Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Biometric Technology Historic Market Size by Application (2018-2023)
3.2.2 Global Biometric Technology Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Biometric Technology Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Biometric Technology Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Biometric Technology Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Biometric Technology Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Biometric Technology Revenue Breakdown by Application (2018-2029)
4 Biometric Technology Competition Analysis by Players
4.1 Global Biometric Technology Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Biometric Technology as of 2022)
4.3 Date of Key Players Enter into Biometric Technology Market
4.4 Global Top Players Biometric Technology Headquarters and Area Served
4.5 Key Players Biometric Technology Product Solution and Service
4.6 Competitive Status
4.6.1 Biometric Technology Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 3M Company (Cogent Systems, Inc.)
5.1.1 3M Company (Cogent Systems, Inc.) Profile
5.1.2 3M Company (Cogent Systems, Inc.) Main Business
5.1.3 3M Company (Cogent Systems, Inc.) Biometric Technology Products, Services and Solutions
5.1.4 3M Company (Cogent Systems, Inc.) Biometric Technology Revenue (US$ Million) & (2018-2023)
5.1.5 3M Company (Cogent Systems, Inc.) Recent Developments
5.2 Fujitsu Frontech Limited
5.2.1 Fujitsu Frontech Limited Profile
5.2.2 Fujitsu Frontech Limited Main Business
5.2.3 Fujitsu Frontech Limited Biometric Technology Products, Services and Solutions
5.2.4 Fujitsu Frontech Limited Biometric Technology Revenue (US$ Million) & (2018-2023)
5.2.5 Fujitsu Frontech Limited Recent Developments
5.3 ImageWare Systems, Inc.
5.3.1 ImageWare Systems, Inc. Profile
5.3.2 ImageWare Systems, Inc. Main Business
5.3.3 ImageWare Systems, Inc. Biometric Technology Products, Services and Solutions
5.3.4 ImageWare Systems, Inc. Biometric Technology Revenue (US$ Million) & (2018-2023)
5.3.5 Suprema, Inc. Recent Developments
5.4 Suprema, Inc.
5.4.1 Suprema, Inc. Profile
5.4.2 Suprema, Inc. Main Business
5.4.3 Suprema, Inc. Biometric Technology Products, Services and Solutions
5.4.4 Suprema, Inc. Biometric Technology Revenue (US$ Million) & (2018-2023)
5.4.5 Suprema, Inc. Recent Developments
5.5 Safran S.A.
5.5.1 Safran S.A. Profile
5.5.2 Safran S.A. Main Business
5.5.3 Safran S.A. Biometric Technology Products, Services and Solutions
5.5.4 Safran S.A. Biometric Technology Revenue (US$ Million) & (2018-2023)
5.5.5 Safran S.A. Recent Developments
5.6 secunet Security Networks AG
5.6.1 secunet Security Networks AG Profile
5.6.2 secunet Security Networks AG Main Business
5.6.3 secunet Security Networks AG Biometric Technology Products, Services and Solutions
5.6.4 secunet Security Networks AG Biometric Technology Revenue (US$ Million) & (2018-2023)
5.6.5 secunet Security Networks AG Recent Developments
5.7 Thales S.A.
5.7.1 Thales S.A. Profile
5.7.2 Thales S.A. Main Business
5.7.3 Thales S.A. Biometric Technology Products, Services and Solutions
5.7.4 Thales S.A. Biometric Technology Revenue (US$ Million) & (2018-2023)
5.7.5 Thales S.A. Recent Developments
5.8 BIO-key International, Inc.
5.8.1 BIO-key International, Inc. Profile
5.8.2 BIO-key International, Inc. Main Business
5.8.3 BIO-key International, Inc. Biometric Technology Products, Services and Solutions
5.8.4 BIO-key International, Inc. Biometric Technology Revenue (US$ Million) & (2018-2023)
5.8.5 BIO-key International, Inc. Recent Developments
5.9 NEC Corporation
5.9.1 NEC Corporation Profile
5.9.2 NEC Corporation Main Business
5.9.3 NEC Corporation Biometric Technology Products, Services and Solutions
5.9.4 NEC Corporation Biometric Technology Revenue (US$ Million) & (2018-2023)
5.9.5 NEC Corporation Recent Developments
5.10 Precise Biometrics
5.10.1 Precise Biometrics Profile
5.10.2 Precise Biometrics Main Business
5.10.3 Precise Biometrics Biometric Technology Products, Services and Solutions
5.10.4 Precise Biometrics Biometric Technology Revenue (US$ Million) & (2018-2023)
5.10.5 Precise Biometrics Recent Developments
6 North America
6.1 North America Biometric Technology Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Biometric Technology Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Biometric Technology Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Biometric Technology Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Biometric Technology Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Biometric Technology Market Dynamics
11.1 Biometric Technology Industry Trends
11.2 Biometric Technology Market Drivers
11.3 Biometric Technology Market Challenges
11.4 Biometric Technology Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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