Airport Biometrics Market Technological Growth by Top Global Leader that are Fulcrum Biometrics, Daon, Crossmatch, 3M Cogent, Aware, Safran, Precise Biometrics AB and Others

Market Scenario:

Airport Biometrics refers to those automated systems installed at the airports that can automatically recognize a person based on physiological or behavioral characteristics. Since biometric methods take advantage of aspects that are not changeable, they are more reliable than other methods of identifications like PIN codes and magnet stripe cards which are based on knowledge or possession.

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Moreover, biometric characteristics can neither be stolen nor transferred. Due to these factors, airports are looking forward to replacing their older and time-consuming processes of collecting and maintaining passengers’ data, with newer, more reliable, fast and more secure biometrics equipment. As a result, the airport biometrics market is continually growing, witnessing huge uptake and hence, the demand on the global platform.

Recognizing the increasing traction, the market is garnering currently, Market Research Future (MRFR) in its recently published study report asserts that the global airport biometrics market is expected to evaluate exponentially by 2023, registering approximately 12 % CAGR during the forecast period (2018 – 2023).

Biometrics systems have increasingly influenced the security industry markets owing to the increasing number of terrorist attacks. Since the 9/11 attack of 2001 in the US, public security concerns and the increase in international terrorism has continuously grown across the world.
Governments and authorities are striving to issue more secure identification documents to protect airports and monitor public places and thus, to prevent and fight terrorism. In such scenarios, biometric technologies have been playing a significant role. Rising security concern for identity theft and increasing demand for data security have positively impacted the demand for biometric technologies.

As the governments around the world are looking to counter terrorist attacks, the demand for biometric solutions for adoption at airports will increase significantly over the next few years. Simultaneously, airport kiosk evolution is encouraging the passenger to choose self-service for minimizing the cycle time at airports.

At present, thousands of kiosks provide services in airports across the world. Airports are trialing advanced biometric self-boarding solutions to clear travelers flying out of the country in an interface which requires lesser human intervention and is quicker and more secure at the same time.

The rising concerns over internal and external security are expected to drive the airport biometrics market over the forecast period; though, the high cost of biometrics may be a. Technological developments, such as multimodal biometrics technology, will provide new growth opportunities for the airport biometrics market over the forecast period.

Segments:

MRFR has segmented its analysis into three key dynamics for enhanced understanding.

By Component: Hardware, Software, and others.

By Technology: Physical characteristics (Face, Iris, Fingerprint, Hand Geometry, & Others) and Behavioral characteristics (Signature, Voice, Middleware, & Others) among others.

By Regions: North America, Europe, APAC and the Rest-of-the-World.

Key Players:

Some of the players leading the global airport biometrics market include NEC Corporation (Japan), Safran (France), Fujitsu (Japan), 3M Cogent, Inc. (U.S.), Aware, Inc. (U.S.), Bio-Key International, Inc. (U.S.), Secunet Security Networks AG (Germany), Precise Biometrics AB (Sweden), Thales Group (France), Crossmatch (U.S.), Cognitec Systems GmbH (Germany), Daon (U.S.), and Fulcrum Biometrics, LLC, (U.S.) among others.

Geographical Analysis:

North America and Europe have made airport security extremely stringent and a priority for state governments.

The North American region dominates the global airport biometrics market mainly due to the well-established technology development sector and the augmenting demand for regulatory support.
Simultaneously, factors such as the increasing digital advancements, extensive uptake of advanced technologies across airports, and the presence of the prominent market leaders in the region are propelling the market growth in the Americas. The US backed with the massive demand for airport security accounts for the major contributor to the growth of the regional market.

Europe is another lucrative market for airport biometrics, globally. Heading with the increasing demand for airport security, the market in the region is increasing.

The resurging economy in the European region is a significant factor substantiating the market growth, increasing facilities at the airports. Also, the increased funding in the security management concerns is providing impetus to the market growth in the region.

The airport biometrics market in the Asia Pacific region is rapidly emerging as a promising market. The rapidly developing biometric models and technologies define the market landscape for the region. Also, rapidly improving economic conditions along with the market penetration of biometric technology in the region provide impetus to the market growth. The airport biometrics market in the APAC with some of its untapped regions offers high growth opportunities for foreign investors.

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This release was published on openPR.