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Biometrics Market
Biometrics Market Market Research Report – Segmented By Type (Hardware, Software and Services (Professional & Managed)), By Biometric Type (IRIS Recognition, Hand Geometry, Facial Recognition, Signature Verification, Fingerprint, Voice Recognition, Palm Vein), By Contact Type (Contact–based, Non-contact based), By End-User (Government and Law Enforcement, Commercial and Retail, Healthcare, BFSI, Travel and Immigration, Other End-Users) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.
Table of contents
- Executive Summary
- Market Overview
- Industry Analysis
- Market Analysis
- By Type
- By Biometric Type
- By Contact Type
- By End-User
- North America
- Europe
- Asia-Pacific
- Middle-East & Africa
- Latin America
- Company Analysis
- Competitive Analysis
- Research Methodology
- Appendix
Executive Summary
Biometrics Market from Consainsights analyses the Biometrics Market Market in the Technology & Media industry over the forecast period to 2027.
Biometrics Market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.
Biometrics Market segmentation includes Type, Biometric Type, Contact Type, End-User and Geography.
All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.
Based on the Type, the Biometrics Market analysis covers Hardware, Software and Services (Professional & Managed).
Based on the Biometric Type, the Biometrics Market analysis covers IRIS Recognition, Hand Geometry, Facial Recognition, Signature Verification, Fingerprint, Voice Recognition, Palm Vein.
Based on the Contact Type, the Biometrics Market analysis covers Contact–based, Non-contact based.
Based on the End-User, the Biometrics Market analysis covers Government and Law Enforcement, Commercial and Retail, Healthcare, BFSI, Travel and Immigration, Other End-Users.
Key companies operating in the market include Gemalto NV (Thales Group), Leidos Holdings Inc., NEC Corporation, M2SYS Technology, BioEnable Technologies Pvt. Ltd, Phonexia SRO, ImageWare Systems Inc., S.I.C. Biometrics Global Inc., Fujitsu Limited, Aware Inc., Nuance Communications Inc., IDEMIA France SAS, Cognitec Systems GmbH, BioID AG, Assa Abloy AB, Hitachi Corporation and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.
Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.
Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.
Market Overview
Definition & Scope
- The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
- The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
- The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
- Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
- Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
- As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
By Type
Introduction
By By Type, The Biometrics Market analysis covers Hardware, Software and Services (Professional & Managed).
Hardware
The Hardware segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Software and Services (Professional & Managed)
The Software and Services (Professional & Managed) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Biometric Type
- Introduction
- IRIS Recognition
- Hand Geometry
- Facial Recognition
- Signature Verification
- Fingerprint
- Voice Recognition
- Palm Vein
Introduction
By By Biometric Type, The Biometrics Market analysis covers IRIS Recognition, Hand Geometry, Facial Recognition, Signature Verification, Fingerprint, Voice Recognition, Palm Vein.
IRIS Recognition
The IRIS Recognition segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Hand Geometry
The Hand Geometry segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Facial Recognition
The Facial Recognition segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Signature Verification
The Signature Verification segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Fingerprint
The Fingerprint segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Voice Recognition
The Voice Recognition segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Palm Vein
The Palm Vein segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By Contact Type
Introduction
By By Contact Type, The Biometrics Market analysis covers Contact–based, Non-contact based.
Contact–based
The Contact–based segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Non-contact based
The Non-contact based segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
By End-User
- Introduction
- Government and Law Enforcement
- Commercial and Retail
- Healthcare
- BFSI
- Travel and Immigration
- Other End-Users
Introduction
By By End-User, The Biometrics Market analysis covers Government and Law Enforcement, Commercial and Retail, Healthcare, BFSI, Travel and Immigration, Other End-Users.
Government and Law Enforcement
The Government and Law Enforcement segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Commercial and Retail
The Commercial and Retail segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Healthcare
The Healthcare segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
BFSI
The BFSI segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Travel and Immigration
The Travel and Immigration segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Other End-Users
The Other End-Users segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.
Company Analysis
- Introduction
- Gemalto NV (Thales Group)
- Leidos Holdings Inc.
- NEC Corporation
- M2SYS Technology
- BioEnable Technologies Pvt. Ltd
- Phonexia SRO
- ImageWare Systems Inc.
- S.I.C. Biometrics Global Inc.
- Fujitsu Limited
- Aware Inc.
- Nuance Communications Inc.
- IDEMIA France SAS
- Cognitec Systems GmbH
- BioID AG
- Assa Abloy AB
- Hitachi Corporation
Introduction
Key companies operating in the market include Gemalto NV (Thales Group), Leidos Holdings Inc., NEC Corporation, M2SYS Technology, BioEnable Technologies Pvt. Ltd, Phonexia SRO, ImageWare Systems Inc., S.I.C. Biometrics Global Inc., Fujitsu Limited, Aware Inc., Nuance Communications Inc., IDEMIA France SAS, Cognitec Systems GmbH, BioID AG, Assa Abloy AB, Hitachi Corporation and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.