Biometrics Market Size, Share 2021 - brochure

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

Global Biometrics Market By Type, By End Use S ector, By Region,

Competit ion Forecast and Opportunities , 2011 – 2021

P r o d u c t O v e r v i e w

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Biometrics refers to the assessment of physical and behavioural

characteristics such as fingerprints, voice, facial patterns,

movement of hands, odour, iris, etc. of a person for the

authentication and identification purposes in the computer based

security systems. It is considered to be an important tool in the

identity management of people across the globe.

Biometric systems are used across various private and public offices

for enhancing the security of the data and information as these

systems provide an accurate identification and authentication as

compared to the traditional methods such as ID cards, PINs,

passwords, etc. These systems also provide physical & logical

access control across various verticals of an organization.

Since biometric properties of an individual are intrinsic properties, it becomes extremely difficult to copy,

duplicate or cheat. One of the major advantages of using biometrics is that biometric identity proofs of a

person cannot be lost (except in case of a serious accident). In various application areas, loss of confidential

information, money, and compromised data integrity, are avoided using biometric authentication.

T a b l e o f C o n t e n t s

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S. No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Biometrics Market Landscape

5. Global Biometrics Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1.By Type (Fingerprint Recognition, Facial Recognition, Hand/Palm Recognition, Iris Scanner, Voice

Recognition, Vein Scanner & Others)

5.2.2.By End Use Sector (Banking & Finance, Consumer Electronics, Travel, Government, Defense,

Healthcare, Commercial Security, Residential & Others)

5.2.3. By Region

5.2.4. By Company

6. Global Biometrics Market Segmental Analysis

6.1. Global Fingerprint Recognition Biometrics Market Outlook

6.1.1. Market Size & Forecast

6.1.1.1. By Value

6.1.2. Market Share & Forecast

6.1.2.1.By End Use Sector (Banking & Finance, Consumer Electronics, Travel, Government,

Defense, Healthcare, Commercial Security, Residential & Others)

6.2. Global Facial Recognition Biometrics Market Outlook


6.2.1.1. By Value


6.2.2.1.By End Use Sector (Banking & Finance, Consumer Electronics, Travel, Government,

Defense, Healthcare, Commercial Security, Residential & Others)

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6.3. Global Hand/Palm Recognition Biometrics Market Outlook


6.3.1.1. By Value


6.3.2.1.By End Use Sector (Banking & Finance, Consumer Electronics, Travel, Government, Defense,


6.4. Global Iris Scanner Biometrics Market Outlook


6.4.1.1. By Value




6.5. Global Voice Recognition Biometrics Market Outlook


6.5.1.1. By Value




6.6. Global Vein Scanner Biometrics Market Outlook


6.6.1.1. By Value




7. Global Biometrics Market Regional Analysis


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7.1. North America Biometrics Market Outlook


7.1.1.1. By Value


7.1.2.1.By Type (Fingerprint Recognition, Facial Recognition, Hand/Palm Recognition, Iris Scanner,

Voice Recognition, Vein Scanner & Others)



7.1.2.3. By Country

7.2. Europe Biometrics Market Outlook


7.2.1.1. By Value






7.2.2.3. By Country

7.3. Asia-Pacific Biometrics Market Outlook


7.3.1.1. By Value






7.3.2.2. By Country


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7.4. Middle East & Africa Biometrics Market Outlook


7.4.1.1. By Value






7.4.2.2. By Country

7.5. South America Biometrics Market Outlook


7.5.1.1. By Value






7.5.2.2. By Country

8. Global Biometrics Market Price Point Analysis

9. Global Biometrics Market Attractiveness Index

9.1. Global Biometrics Market Attractiveness Index, By Type

9.2. Global Biometrics Market Attractiveness Index, By End Use Sector

9.3. Global Biometrics Market Attractiveness Index, By Region

10. Market Dynamics

10.1. Drivers

10.2. Challenges


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S. No. Contents

11. Market Trends & Developments

11.1. Use of Multimodal Biometric Authentication Systems

11.2. Mobile Biometric Technology

11.3. Growing Adoption in Banking, Financial Services and Insurance (BFSI)

11.4. Rise in deployment of Biometrics in E-commerce market

11.5. Usage of Biometric Single Sign On

11.6. Growing Emergence of Heartbeat Biometrics

11.7. Deployment of Emerging Biometric Systems

11.8. Growing Acceptance of Healthcare Biometrics

12. Biometrics Standards

13. Competitive Landscape

13.1. 3M Cogent, Inc.

13.2. Morpho (Safran)

13.3. NEC Corporation

13.4. Fujitsu Limited

13.5. HID Global Corporation

13.6. Suprema HQ

13.7. Precise Biometrics AB

13.8. IrisGuard Incorporated

13.9. Smartmatic International Corporation.

13.10. Cross Match Technologies Inc.

13.11. SecuGen Corporation.

13.12. Nuance Communications, Inc.

13.13. RCG Holdings Ltd.

13.14. Hitachi, Ltd.

13.15. ZK Technology LLC

13.16. AOptix Technologies Inc.


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S. No. Contents

13.17. Iris ID Systems Inc.

13.18. LexisNexis Group Incorporated

13.19. Fingerprint Cards AB

13.20. Ingersoll Rand

14. Strategic Recommendations

15. About Us & Disclaimer


R e s e a r c h M e t h o d o l o g y

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© TechSci Research

Baseline Methodology

Our dedicated team of industry experts has comprehensively monitored and analyzed various aspects of global

biometrics market,. The team has analyzed various industry segments and speculated a positive future for the

industry. Taking into consideration growing the technological developments and increasing capital investments,

our team of analysts has provided a prudent analysis of the industry’s performance in the future. This will enable

our clients in planning their investment decisions and explore growth opportunities in global biometrics market.

For our study, we have gathered information through primary research surveys with multiple respondents in

around eight companies engaged in providing biometric products and services globally, followed by an

exhaustive search of credible paid databases. Our team of experts has then prudently evaluated all the collected

information and organized it in a chronological order to depict a meaningful and clear picture of the market.

In addition, while compiling the data, we have also validated all the collected information from multiple sources

and data warehouses, in order to present the most accurate and precise information of the concerned industry.

We have also identified and analyzed all the emerging trends, drivers and challenges that the industry is

confronting and have presented the industry forecasts based on this in-depth analysis.

Companies InterviewedHID Global, IrisGuard, NEC Corporation, 3M, Smartmatic, Morpho Safran,Nuance Communications, Hitachi, etc.

SourcesPress Releases, Company Annual Reports & Corporate Presentations, Investors/Analyst Presentations, Company Conference Call Transcripts, CMIE, etc.

I n d u s t r y B r i e f

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Biometrics Market Size Set to Cross $ 24 Billion by 2021

Favorable government initiatives coupled with implementation of biometric technology in election administrationand criminal identification to boost global biometrics system market through 2021

According to a recently released TechSci Research report, “Global Biometrics Market By Type, By End Use Sector,By Region, Competition Forecast and Opportunities, 2011 – 2021”, the global biometrics market is projected tosurpass $ 24.8 billion by 2021, on account of growing security concerns across various end use sectors such asbanking & finance, consumer electronics, government, defense, healthcare. etc., owing to increasing terroristattacks and growing identity thefts. Biometric systems are capable of providing an accurate validation as comparedto traditional methods such as ID cards, PINs, passwords, etc. As a result, the adoption of these systems is high invarious public as well as private offices for the authentication, access control and time & attendance purposes.

Increasing number of government projects such as National ID cards, e-passports, e-visas, etc. are significantlyboosting adoption of biometric devices for identification purposes. In addition, expanding global consumerelectronics market, which is projected to grow at a CAGR of over 7% in volume terms during 2016-21, coupled withincreasing smartphone user base, which is forecast to cross 3.5 billion by 2021, are expected to boost demand forbiometric technology for the purpose of access control and user identification over the next five years. Moreover,rising global military spending, which is anticipated to touch $1.7 trillion by 2021, is also expected to drivebiometric device adoption for authentication purpose in the defence sector in the coming years.

“Global biometrics market is anticipated to register heathy growth rate over the next five years. With initiativesbeing taken by the governments of various countries across the world to adopt biometrics systems foridentification and verification purposes, coupled with introduction of e-passports and e-visas, as well asimplementation of biometric technology in election administration, a growing number of companies operating inglobal biometrics market are increasingly partnering with governments of various countries for supplying biometricsystems.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global managementconsulting firm.

http://www.techsciresearch.com/report/global-biometrics-market-by-type-fingerprint-recognition-facial-recognition-hand-palm-recognition-iris-scanner-voice-recognition-vein-scanner-others-by-end-use-sector-by-region-competition-forecast-and-opportunities-2011-2021/680.html

S a m p l e D a t a - S n a p s h o t

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Global Biometrics Market Size, By

Value, 2011–2021F (USD Million)

1 2 3 4 5 7 8 9 10 11 12

33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33%

33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33%

34% 34% 34% 34% 34% 34% 34% 34% 34% 34% 34%

Hand/Palm Recognition Facial Recognition

Fingerprint Recognition

Global Biometrics Market Share, By

Type, By Value, 2011-2021F

10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

40% 40% 40% 40% 40% 40% 40% 40% 40% 40% 40%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Others* Vein Scanner

Voice Recognition Iris Scanner

Global Consumer Electronics Market Size, By

Volume, 2010-2021F (Billion Unit)

100 150 200 250 300 350 400 450 500 550 600

1% 2% 3% 4% 5% 6% 7% 8% 9% 10%

0%20%40%60%

0200400600

Volume (Billion Units) Growth Rate (%)

Global Military Spending

Market Size, By Value, 2011-

2021F (USD Trillion)

1 2 3 4 5 7 8 9 10 11 12

2011

2012

2013

2014

2015

2016E

2017F

2018F

2019F

2020F

2021F

10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15%20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

North America Europe Asia-Pacific Middle East & Africa South America

Global Biometrics Market Share, By Region, By Value, 2011–2021F

Global Biometrics Market Share, By Company, By Value, 2011–2021F

4% 4% 4% 4% 4% 4% 4% 4% 4% 4% 4%9% 9% 9% 9% 9% 9% 9% 9% 9% 9% 9%

14% 14% 14% 14% 14% 14% 14% 14% 14% 14% 14%

19% 19% 19% 19% 19% 19% 19% 19% 19% 19% 19%

24% 24% 24% 24% 24% 24% 24% 24% 24% 24% 24%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Others* 3M Cogent Morpho NEC Fujitsu HID Global

0.00%

5.00%

10.00%

15.00%

20.00%

0.00 1.00 2.00 3.00 4.00 5.00 6.00

Global Biometrics Market Attractiveness Index,

By Region, By Value, 2016E-2021F

Asia-PacificEurope

North America

Middle-East & Africa

South America

R e p o r t O r d e r i n g

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Competition Forecast and Opportunities, 2011 – 2021

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Disclaimer :The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from varioussources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness ofany information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially statesthat it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internalconsumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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Biometrics Market Size, Share 2021 - brochure