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Global Biometrics Technology Market Size Status and Forecast 2025
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’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.
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Top Manufacturers: Safran SA, NEC Corporation, 3M Cogent Inc., Fujitsu Ltd., Suprema Inc., Cross Match Technologies, Fulcrum Biometrics, Thales SA, Bio-Key International Inc., Precise Biometrics AB, Secunet Security Networks AF
Market Segment by Regions, regional analysis covers
United States
EU
Japan
China
India
Southeast Asia
Market Segment by Type, covers
Face Recognition
Fingerprint Recognition
Iris Recognition
Palm Print/Hand Recognition
Hand Geometry Recognition
Market Segment by Applications, can be divided into
Security
Military & Defense
Healthcare System
Banking & Finance
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The global biometric technology market is driven by growing applications of biometric solutions in the commercial & government sectors. Further, the increasing need for enhanced security systems in organizations and use of e-passport &e-visas are the other major factors that are accelerating the market growth. However, biometric technology has its own limitations, such as high initial investments and high cost of biometric devices, technological limitations including image resolution, matching accuracy with physical characteristics, low-quality capture device, and others and fear of privacy intrusion. Evolving multilevel biometric technology, use of biometric technology in e-commerce, and cloud computing have created growth opportunities for prominent players operating in the global biometric market.
Table of Content:
Global Biometrics Technology Market Size, Status and Forecast 2025
1 Industry Overview of Biometrics Technology
2 Global Biometrics Technology Competition Analysis by Players
3 Company (Top Players) Profiles
3.1 Safran SA
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Biometrics Technology Revenue (Million USD) (2013-2018)
3.1.5 Recent Developments
3.2 NEC Corporation
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Biometrics Technology Revenue (Million USD) (2013-2018)
3.2.5 Recent Developments
3.3 3M Cogent Inc.
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Biometrics Technology Revenue (Million USD) (2013-2018)
3.3.5 Recent Developments
4 Global Biometrics Technology Market Size by Type and Application (2013-2018)
5 United States Biometrics Technology Development Status and Outlook
6 EU Biometrics Technology Development Status and Outlook
7 Japan Biometrics Technology Development Status and Outlook
8 China Biometrics Technology Development Status and Outlook
9 India Biometrics Technology Development Status and Outlook
10 Southeast Asia Biometrics Technology Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2025)
12 Biometrics Technology Market Dynamics
13 Market Effect Factors Analysis
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