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Biometrics Technology Market

Biometrics Technology Market (Face, Hand geometry, Voice, Signature, Iris, AFIS, Non-AFIS and Others) - Global Industry Analysis Size Share Growth Trends and Forecast 2013 - 2019

Global Biometrics Technology Market: Snapshot

The global biometrics technology market is expected to gain traction in coming years, as it helps in verifying individuals behavioral and physiological characteristics. In addition to this, with the use of biometric technology helps in identifying an individual through their face, fingerprints, signature, iris, and DNA and provides secure authentication. Moreover, it helps in meeting the incapability of primitive and traditional methods used for authentication such as personal identification cards, magnetic cards, keys or passwords that are susceptible to get lost or stolen or may get attacked.  

The growing use of online banking and the rising need for precise verification while accessing accounts biometrics technology is considered the most relevant and convenient option. Thus, in a recent report published by Transparency Market Research (TMR), the global market for biometric technology is projected to rise at a healthy CAGR of 20.80% during the forecast period between 2013 and 2019. The valuation of the global biometric technology market is expected to reach US$23.3 bn by the end of 2019.

Application of Non-AFIS System to Boost Due to Its Low Maintenance

The global biometrics technology market is classified on the basis of type and end-user. Based on end-user the market is segmented into government, banking and finance, consumer electronics, healthcare, defense services, commercial safety and security, home safety and security, transport/ visa/ logistics, and others. Out of these, transport/ visa/ logistics segment held the largest share in 2012. The reason behind the growth of this segment is the rising need for inspecting traveler’s credentials to verify their identity that comes under border security. However, within the forecast period, banking end use segment is projected to grow significantly.

The application of biometrics technology is seen in IRIs, non-AFIs, hand geometry, signature, AFIs, voice, and others. Of these, the non-AFIS segment held the highest position in the global biometrics market in 2012, owing to its user-friendliness and cost-effectiveness. In addition, as compared to other recognition systems, non-AFIS system requires low maintenance and is also convenient and flexible to use, thus led to lead the market.

Increasing Security Threats in Developed Regions to Boost Demand for Biometrics Technology

Geographically, the regions in which the global biometrics technology market is divided are Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Europe and North America are leading this market, as these regions have adopted advanced technologies and are considered as matured markets. Moreover, these regions are concerned about security threats, increasing crime rates, and terror attacks for which they have a high number of government funded and approved projects for the same. Furthermore, the government in Asia Pacific have initiated programs like national identification program and issuance of e-passports in various countries, thus, growing the demand for biometrics technology. In Asia Pacific, countries like Israel, South Korea, China, Indonesia, and India have been implementing these types of security measures at a large scale.

The report has also analyzed the leading players in the global biometrics technology market. It seems that the global biometrics technology market is consolidated in nature, as two companies namely Safran Morpho and NEC Corporation hold a major share in the market.  Some of the leading players are 3M Cogent, Safran Morpho, BIO-Key International, NEC Corporation, and DigitalPersona. The leading companies are expected to invest in strategic mergers and alliance to maintain their position in the market. Moreover, they are also making efforts in developing products through innovative ways and capitalizing more in research and development activities.  

Biometrics Technology Market

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Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research methodology
 
Chapter 2 Executive summary
 
Chapter 3 Global Biometrics technology market overview
3.1 Global Biometrics technology market – Introduction
3.2 Trends in the global biometric technology market
3.3 Market dynamics
      3.3.1 Market drivers
               3.3.1.1 Increasing security concerns due to rising terror attacks and crimes
               3.3.1.2 Growing applications in the government sector
               3.3.1.3 Ease of usage
      3.3.2 Market restraints
               3.3.2.1 High cost of biometric recognition technologies
               3.3.2.2 Unreliability
      3.3.3 Opportunity
               3.3.3.1 Development of multimodal biometrics solutions
3.4 Value chain analysis
      3.4.1 Technology Providers
      3.4.2 Product manufacturers
      3.4.3 Technical integrated solution providers
      3.4.4 Application solution providers:-
      3.4.5 Total identification solution providers:-
      3.4.6 End users
3.5 Biometrics technology industry – Porter’s Five Forces Analysis
      3.5.1 Bargaining power of suppliers
      3.5.2 Bargaining power of buyers
      3.5.3 Threat of new entrants
      3.5.4 Threat from substitutes
      3.5.5 Degree of competition
3.6 Biometrics technology market attractiveness analysis, by application type
3.7 Biometrics technology industry - Competitive landscape
 
Chapter 4 Global Biometrics technology systems market, by Application Type 2013 - 2019
4.1 Introduction
4.2 Face recognition
      4.2.1 Global face recognition for Biometrics technology, market size and forecast 2011 – 2019 (USD million)
4.3 Hand geometry
      4.3.1 Global hand geometry for biometrics technology, market size and forecast 2011 – 2019 (USD million)
4.4 Voice recognition
      4.4.1 Global voice recognition for biometrics technology, market size and forecast 2011 – 2019 (USD million)
4.5 Signature recognition
      4.5.1 Global signature recognition for Biometrics technology, market size and forecast 2011 – 2019 (USD million)
4.6 Iris recognition
      4.6.1 Global iris recognition for biometrics technology, market size and forecast 2011 – 2019 (USD million)
4.7 AFIS
      4.7.1 Global AFIS for biometrics technology, market size and forecast 2011 – 2019 (USD million)
4.8 Non-AFIS
      4.8.1 Global Non-AFIS for biometrics technology, market size and forecast 2011 – 2019 (USD million)
4.9 Others
      4.9.1 Global others for biometrics technology, market size and forecast 2011 – 2019 (USD million)
 
Chapter 5 Global Biometrics technology market, by End Users 2013 – 2019
5.1 Introduction
5.2 Government
      5.2.1 Global biometrics technology in government, market size and forecast 2011 – 2019 (USD million)
5.3 Defense Services
      5.3.1 Global biometrics technology in defense services, market size and forecast 2011 – 2019 (USD million)
5.4 Banking and Finance
      5.4.1 Global biometrics technology in banking and finance, market size and forecast 2011 – 2019 (USD million)
5.5 Consumer electronics
      5.5.1 Global biometrics technology in consumer electronics, market size and forecast 2011 – 2019 (USD million)
5.6 Healthcare
      5.6.1 Global biometrics technology in healthcare, market size and forecast 2011 – 2019 (USD million)
5.7 Home Safety and Security
      5.7.1 Global biometrics technology in home safety and security, market size and forecast 2011 – 2019 (USD million)
5.8 Commercial Safety and Security
      5.8.1 Global biometrics technology in commercial safety and security, market size and forecast 2011 – 2019 (USD million)
5.9 Transport/Visa/Logistics
      5.9.1 Global biometrics technology in transport/visa/logistics, market size and forecast 2011 – 2019 (USD million)
5.10 Others
      5.10.1 Global biometrics technology in others, market size and forecast 2011 – 2019 (USD million)
 
Chapter 6 Global Biometrics technology market, by region 2013 - 2019
6.1 Introduction
6.2 North America
      6.2.1 North America biometrics technology market size and forecast by application type 2011 - 2019 (USD million)
      6.2.2 North America biometrics technology market size and forecast by end users 2011 - 2019 (USD million)
6.3 Europe
      6.3.1 Europe biometrics technology market size and forecast by application type 2011 - 2019 (USD million)
      6.3.2 Europe biometrics technology market size and forecast by end users 2011 - 2019 (USD million)
6.4 Asia-Pacific
      6.4.1 Asia-Pacific biometrics technology market size and forecast by type 2011 - 2019 (USD million)
      6.4.2 Asia-Pacific biometrics technology market size and forecast by end users 2011 - 2019 (USD million)
6.5 Rest of the World (RoW)
      6.5.1 RoW biometrics technology market size and forecast by application type 2011 - 2019 (USD million)
      6.5.2 RoW Biometrics technology market size and forecast by end users 2011 - 2019 (USD million)
 
Chapter 7 Company profiles
7.1 Accu-Time Systems, Inc.
      7.1.1 Company overview
      7.1.2 Financial overview
      7.1.3 Business strategy
      7.1.4 SWOT analysis
      7.1.5 Recent developments
7.2 BIO-Key International, Inc.
      7.2.1 Company overview
      7.2.2 Financial overview
      7.2.3 Business strategy
      7.2.4 SWOT analysis
      7.2.5 Recent developments
7.3 Cognitec Systems, GmbH
      7.3.1 Company overview
      7.3.2 Financial overview
      7.3.3 Business strategy
      7.3.4 SWOT analysis
      7.3.5 Recent developments
7.4 Fujitsu Limited
      7.4.1 Company overview
      7.4.2 Financial overview
      7.4.3 Business strategy
      7.4.4 SWOT analysis
      7.4.5 Recent developments
7.5 3M Cogent, Inc.
      7.5.1 Company overview
      7.5.2 Financial overview
      7.5.3 Business strategy
      7.5.4 SWOT Analysis
      7.5.5 Recent developments
7.6 IDTECK,      
      7.6.1 Company overview
      7.6.2 Financial overview
      7.6.3 Business strategy
      7.6.4 SWOT Analysis
      7.6.5 Recent developments
7.7 NEC Corporation
      7.7.1 Company overview
      7.7.2 Financial overview
      7.7.3 Business strategy
      7.7.4 SWOT Analysis
      7.7.5 Recent developments
7.8 Siemens AG
      7.8.1 Company overview
      7.8.2 Financial overview
      7.8.3 Business strategy
      7.8.4 SWOT Analysis
      7.8.5 Recent developments
7.9 RCG Holdings, Ltd.
      7.9.1 Company overview
      7.9.2 Financial overview
      7.9.3 Business strategy
      7.9.4 SWOT Analysis
      7.9.5 Recent developments
7.10 Suprema, Inc.
      7.10.1 Company overview
      7.10.2 Financial overview
      7.10.3 Business strategy
      7.10.4 SWOT Analysis
      7.10.5 Recent developments
7.11 Lumidigm, Inc.
      7.11.1 Company overview
      7.11.2 Financial overview
      7.11.3 Business strategy
      7.11.4 SWOT Analysis
      7.11.5 Recent developments
7.12 IrisGuard, Inc.
      7.12.1 Company overview
      7.12.2 Financial overview
      7.12.3 Business strategy
      7.12.4 SWOT Analysis
      7.12.5 Recent developments
7.13 Daon, Inc.
      7.13.1 Company overview
      7.13.2 Financial overview
      7.13.3 Business strategy
      7.13.4 SWOT Analysis
      7.13.5 Recent developments
7.14 DigitalPersona, Inc.
      7.14.1 Company overview
      7.14.2 Financial overview
      7.14.3 Business strategy
      7.14.4 SWOT Analysis
      7.14.5 Recent developments
7.15 Morpho SA (Safran)
      7.15.1 Company overview
      7.15.2 Financial overview
      7.15.3 Business strategy
      7.15.4 SWOT Analysis
      7.15.5 Recent developments
List of Tables
 
TABLE 1 Global Biometrics technology market – Snapshot (2012 & 2019)
TABLE 2 Drivers: Impact analysis
TABLE 3 Restraints: impact analysis
TABLE 4 North America biometrics technology market size and forecast by application type 2011 - 2019 (USD million)
TABLE 5 North America biometrics technology market size and forecast by end users 2011 - 2019 (USD million)
TABLE 6 Europe biometrics technology market size and forecast by application type 2011 - 2019 (USD million)
TABLE 7 Europe biometrics technology market size and forecast by end users 2011 - 2019 (USD million)
TABLE 8 Asia-Pacific biometrics technology market size and forecast by application type 2011 - 2019 (USD million)
TABLE 9 Asia-Pacific biometrics technology market size and forecast by end users 2011 - 2019 (USD million)
TABLE 10 RoW biometrics technology market size and forecast by application type 2011 - 2019 (USD million)
TABLE 11 RoW Biometrics technology market size and forecast by end users 2011 - 2019 (USD million)

List of Figures

 

FIG. 1 Global Biometrics technology market segmentation

FIG. 2 Global Biometrics technology market size, by region 2012 (USD billion)

FIG. 3 Total Number of Air Travellers 2007 – 2020 (billion)

FIG. 4 Biometrics technology industry – value chain

FIG. 5 Biometrics technology industry – Porter’s Five Forces Analysis

FIG. 6 Market attractiveness analysis, by application type

FIG. 7 Biometrics technology market share analysis, 2012 (%)

FIG. 8 Global biometrics technology market share (%) by type, 2012 & 2019

FIG. 9 Global face recognition for Biometrics technology, market size and forecast 2011 – 2019 (USD million)

FIG. 10 Global hand geometry for Biometrics technology, market size and forecast 2011 – 2019 (USD million)

FIG. 11 Global voice recognition for biometrics technology, market size and forecast 2011 – 2019 (USD million)

FIG. 12 Global signature recognition for Biometrics technology, market size and forecast 2011 – 2019 (USD million)

FIG. 13 Global iris recognition for biometrics technology, market size and forecast 2011 – 2019 (USD million)

FIG. 14 Global AFIS for biometrics technology, market size and forecast 2011 – 2019 (USD million)

FIG. 15 Global Non-AFIS for biometrics technology, market size and forecast 2011 – 2019 (USD million)

FIG. 16 Global others for biometrics technology, market size and forecast 2011 – 2019 (USD million)

FIG. 17 Global biometrics technology market share (%) by application type, 2012 & 2019

FIG. 18 Global biometrics technology in government, market size and forecast 2011 – 2019 (USD million)

FIG. 19 Global biometrics technology in defense services , market size and forecast 2011 – 2019 (USD million)

FIG. 20 Global biometrics technology in banking and finance, market size and forecast 2011 – 2019 (USD million)

FIG. 21 Global biometrics technology in consumer electronics, market size and forecast 2011 – 2019 (USD million)

FIG. 22 Global biometrics technology in healthcare, market size and forecast 2011 – 2019 (USD million)

FIG. 23 Global biometrics technology in home safety and security, market size and forecast 2011 – 2019 (USD million)

FIG. 24 Global biometrics technology in commercial safety and security, market size and forecast 2011 – 2019 (USD million)

FIG. 25 Global biometrics technology in transport/visa/logistics, market size and forecast 2011 – 2019 (USD million)

FIG. 26 Global biometrics technology in others, market size and forecast 2011 – 2019 (USD million)

FIG. 27 Global Biometrics technology market share by region, 2012 & 2019 (%)

FIG. 28 BIO-Key International, Inc. annual revenue, 2010 - 2012

FIG. 29 Fujitsu Limited annual revenue, 2010 - 2012, (USD million)

FIG. 30 NEC Corporation annual revenue, 2010 - 2012, (USD million)

FIG. 31 Siemens AG annual revenue, 2010 - 2012, (USD million)

FIG. 32 RCG Holdings, Inc. annual revenue, 2010 - 2012, (USD million)

FIG. 33 Suprema, Inc. annual revenue, 2010 - 2012, (USD million)

FIG. 34 Morpho SA(Safran), security segment revenue, 2010 - 2012 (USD million)

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