The Global Biometrics Market is expected to grow from USD 14.90156 Billion in 2018 to USD 42.904.56 Billion by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 16.30%.
"Thales Group, Safran, and Assa Abloy are placed in forefront due to their excellence in business strategy and product satisfaction"
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GLOBAL BIOMETRICS MARKET ANALYSIS:
Biometric technology is a method used to identify and authenticate individuals by analyzing their physical characteristics including fingerprints, face, iris, the geometry of hands, voice, signature, vascular patterns, typing patterns, and others. Compared to other authentication technologies, the solutions used for fingerprint recognition are simple to install and low in cost.
The growth of the fingerprint recognition market can be attributed to the growing demand for fingerprint recognition solutions in e-passport and e-visa travel and immigration applications as well as in the government sector for issuing a driving license.
It is expected that the introduction of cloud-based services and AI for biometric devices will increase the need for related technology to ensure equipment and operating systems compatibility for various applications.
Biometrics system software complements the hardware function by storing and recalling spatial data; it also enables streaming of live data. Biometric systems are connected to computers and networks that are used in applications such as criminal identification at border crossing points.
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The positioning of the Global Biometrics Market vendors in FPNV Positioning Matrix are determined by Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinders, N: Niche, and V: Vital).
CLASSIFICATION OF GLOBAL BIOMETRICS MARKET
The global biometrics market is classified into five sections based on
Segments In Global Biometrics Market Based On Region
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Segments In Global Biometrics Market Based On Functionality Type
Segments In Global Biometrics Market Based On Authentication Type
Segments In Global Biometrics Market Based On Component
Segments In Global Biometrics Market Based On Industry
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TOP COMPANIES IN THE GLOBAL BIOMETRICS MARKET
OBJECTIVES OF GLOBAL BIOMETRICS MARKET REPORT
The report provides details of qualitative and quantitative insights about the major countries in the region and taps the major regional developments in detail.
In the report, we have covered two proprietary models, the FPNV Positioning Matrix and Competitive Strategic Window. The FPNV Positioning Matrix analyses the competitive marketplace for the players in terms of product satisfaction and business strategy they adopt to sustain in the market. The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During the forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisitions strategies, geography expansion, research & development, new product introduction strategies to execute further business expansion and growth.
THE GLOBAL BIOMETRICS MARKET REPORT PROVIDES INSIGHTS ON THE FOLLOWING POINTERS:
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THE GLOBAL BIOMETRICS MARKET REPORT ANSWERS QUESTIONS SUCH AS:
RELATED REPORTS TO BIOMETRICS MARKET:
Biometrics Market Report: https://reports.valuates.com/market-reports/PROF-Auto-32X970/global-biometrics
Face and Voice Biometrics Market: https://reports.valuates.com/market-reports/PROF-Auto-14W321/global-face-and-voice-biometrics
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EEG and ECG Biometrics Market: https://reports.valuates.com/market-reports/PROF-Auto-11I160/global-eeg-and-ecg-biometrics
Healthcare Biometrics Market: https://reports.valuates.com/market-reports/QYRE-Auto-17P399/global-united-states-european-union-and-china-healthcare-biometrics
Consumer Electronic Biometrics Market: https://reports.valuates.com/market-reports/PROF-Auto-18G391/global-consumer-electronic-biometrics
Behavioral Biometrics Market: https://reports.valuates.com/market-reports/ALLI-Auto-3R353/behavioral-biometrics
Fingerprint Biometrics in VAR Market: https://reports.valuates.com/market-reports/PROF-Auto-0G581/global-fingerprint-biometrics-in-var
Biometrics in Education Sector Market: https://reports.valuates.com/market-reports/PROF-Auto-18W144/global-biometrics-in-education-sector
Biometrics in Hospitality Market: https://reports.valuates.com/market-reports/PROF-Auto-7R366/global-biometrics-in-hospitality
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Process
2.1.2. Research Framework
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.2. Forecasting Methodology
2.3. Research Outcome
2.3.1. 360iResearch Competitive Strategic Window
2.3.1.1. Leverage Zone
2.3.1.2. Vantage Zone
2.3.1.3. Speculative Zone
2.3.1.4. Bottleneck Zone
2.3.2. 360iResearch FPNV Positioning Matrix
2.3.2.1. 360iResearch Quadrants
2.3.2.1.1. Forefront
2.3.2.1.2. Pathfinders
2.3.2.1.3. Niche
2.3.2.1.4. Vital
2.3.2.2. Business Strategy
2.3.2.2.1. Business Growth
2.3.2.2.2. Industry Coverage
2.3.2.2.3. Financial Viability
2.3.2.2.4. Channel Support
2.3.2.3. Product Satisfaction
2.3.2.3.1. Value for Money
2.3.2.3.2. Ease of Use
2.3.2.3.3. Product Features
2.3.2.3.4. Customer Support
3. Executive Summary
3.1. Outlook in the Biometrics Market
3.2. Opportunities in the Biometrics Market
3.3. Geographical Analysis in the Biometrics Market
4. Premium Insight
4.1. Market Connectivity
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Increase instances of terror activities and impactful thefts
4.2.1.2. Government initiatives supporting the deployment of biometrics
4.2.1.3. Advancements in biometric access control systems
4.2.2. Restraints
4.2.2.1. Rapid technology evolution and high deployment cost
4.2.3. Opportunities
4.2.3.1. Integration of biometrics with other security systems
4.2.4. Challenges
4.2.4.1. Data privacy and security issues
4.3. Porter’s Five Forces Analysis
4.3.1. Threat of New Entrants
4.3.2. Threat of Substitutes
4.3.3. Bargaining Power of Customers
4.3.4. Bargaining Power of Suppliers
4.3.5. Industry Rivalry
4.4. Industry Trends
4.4.1. Technology Evolution
5. Global Biometrics Market, by Functionality Type
5.1. Overview
5.2. Market Sizing & Forecasting
5.3. Combined Functionality
5.4. Contact Functionality
5.5. Noncontact Functionality
6. Global Biometrics Market, by Authentication Type
6.1. Overview
6.2. Market Sizing & Forecasting
6.3. Multifactor Authentication
6.3.1. Multimodal Biometrics
6.3.1.1. Three-Factor Biometrics
6.3.1.2. Two-Factor Biometrics
6.3.2. Pin With Biometrics
6.3.3. Smart Card With Biometrics
6.4. Single-Factor Authentication
6.4.1. Face Recognition
6.4.2. Fingerprint Recognition
6.4.2.1. AFIS
6.4.2.2. Non-AFIS
6.4.3. IRIS Recognition
6.4.4. Palm Print Recognition
6.4.5. Signature Recognition
6.4.6. Vein Recognition
6.4.7. Voice Recognition
7. Global Biometrics Market, by Component
7.1. Overview
7.2. Market Sizing & Forecasting
7.3. Hardware
7.3.1. Camera
7.3.2. Readers
7.3.3. Scanners
7.4. Software
8. Global Biometrics Market, by Industry
8.1. Overview
8.2. Market Sizing & Forecasting
8.3. Aerospace & Defense
8.4. Agriculture
8.5. Automotive & Transportation
8.6. Building, Construction & Real Estate
8.7. Chemicals & Advanced Material
8.8. Consumer Goods & Retail
8.9. Energy & Utilities
8.10. Food & Beverage
8.11. Healthcare & Life Sciences
8.12. Information Technology
8.13. Packaging
8.14. Semiconductor & Electronics
9. Global Biometrics Market, by Geography
9.1. Americas
9.1.1. Overview
9.1.2. Market Sizing & Forecasting
9.1.3. Argentina
9.1.4. Canada
9.1.5. Mexico
9.1.6. United States
9.2. Asia-Pacific
9.2.1. Overview
9.2.2. Market Sizing & Forecasting
9.2.3. Australia
9.2.4. China
9.2.5. India
9.2.6. Japan
9.3. Europe, Middle East & Africa
9.3.1. Overview
9.3.2. Market Sizing & Forecasting
9.3.3. France
9.3.4. Germany
9.3.5. Italy
9.3.6. Spain
9.3.7. United Kingdom
10. Competitive Landscape
10.1. 360iResearch FPNV Positioning Matrix for Global Biometrics Market
10.2. Market Vendor Ranking Analysis for Global Biometrics Market
10.3. Competitive News Feed Analysis for Global Biometrics Market
11. Company Usability Profiles
11.1. 3M
11.1.1. Overview
11.1.2. Strategy
11.1.3. SWOT
11.2. Bio-Key International
11.2.1. Overview
11.2.2. Strategy
11.2.3. SWOT
11.3. FUJITSU FRONTECH LTD
11.3.1. Overview
11.3.2. Strategy
11.3.3. SWOT
11.4. ImageWare Systems Inc
11.4.1. Overview
11.4.2. Strategy
11.4.3. SWOT
11.5. NEC Corp
11.5.1. Overview
11.5.2. Strategy
11.5.3. SWOT
11.6. Precise Biometrics
11.6.1. Overview
11.6.2. Strategy
11.6.3. SWOT
11.7. Suprema
11.7.1. Overview
11.7.2. Strategy
11.7.3. SWOT
11.8. Thales Group
11.8.1. Overview
11.8.2. Strategy
11.8.3. SWOT
11.9. Assa Abloy
11.10. Bio-Key International
11.11. Cognitec Systems
11.12. Cross Match Technologies
11.13. M2sys Technology
11.14. Safran
11.15. Secunet Security Networks
11.16. Stanley Black & Decker
11.17. Vasco Data Security International
12. Appendix
12.1. Discussion Guide
12.2. Top Reports
12.2.1. Global Wireless Display Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025
12.2.2. Global Smart TV Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025
12.2.3. Global Head-Up Display Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025
12.2.4. Global Fall Detection System Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025
12.3. Author Details
LIST OF TABLES
LIST OF FIGURES
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