Press release
Global Biometric Technology Market is anticipated to attain a value of US$ 11490 Mn by 2026
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Growing Concerns over Security to Boost Demand for Biometric Technology
Growing concerns over security are likely to increase the application of Biometric Technology across varied sectors. Research and development in this field may offer growth opportunities for the Biometric Technology market in coming years. Also, government initiatives to mandate the usage of biometric technology are positively influencing the growth of the market. Nevertheless, high cost of the technology may hamper the growth of the market.
Fujitsu Launches AuthConductor V2 Security Solution
The report has mapped the complete profiling of the key players involved in the Biometric Technology market including 3M Company (Cogent Systems, Inc.), ImageWare Systems, Inc., Fujitsu Frontech Limited, Suprema, Inc., secunet Security Networks AG, Safran S.A., Thales S.A., NEC Corporation, BIO-key International, Inc., and Precise Biometrics.
For instance, in 2019, Fujitsu launched the "AuthConductor V2", which is a security solution that makes use of various authentication methods, comprising palm vein authentication. It can offer comprehensive biometric authentication support for the customers. The company is also planning to expand the availability of the solution across the globe by the end of fiscal year 2020.
Biometric Technology to help Public Sector Address Data Security and Privacy Concerns
As far as the application is concerned, the market for Biometric Technology is segregated into Public sector, Banking & financial sector, Healthcare, IT & telecommunication, and others (hospitality, retail, automotive). Biometric Technology is gaining traction in the public sector as the technology helps the sector in handling data security and privacy issues. Moreover, with the help of Biometric Technology, the sector can ensure fair distribution of services and resources.
Biometric Technology Based on Physical Characteristics to Gain Traction
Based on the type, the Biometric Technology market is segregated into Based on physical characteristics, Based on behavioral characteristics, and others. Increasing adoption of face recognition and fingerprint recognition across varied end-use industries is driving the Based on physical characteristics segment.
Awareness Regarding Biometric Technology to Aid Market Growth in APAC
The APAC region might prove rewarding for the companies associated with Biometric Technology. The reason being growing awareness and surge in the initiatives among the developing nations like India. Early adoption of advanced technology may boost the growth of the Biometric Technology market in North America. Moreover, widespread usage of biometric technology across varied sectors in the US could also stimulate the market growth in this region.
This report focuses on the global Biometric Technology status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Biometric Technology development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
3M Company (Cogent Systems, Inc.)
Fujitsu Frontech Limited
ImageWare Systems, Inc.
Suprema, Inc.
Safran S.A.
secunet Security Networks AG
Thales S.A.
BIO-key International, Inc.
NEC Corporation
Precise Biometrics
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Market segment by Type, the product can be split into
Based on physical characteristics
Based on behavioral characteristics
Market segment by Application, split into
Public sector
Banking & financial sector
Healthcare
IT & telecommunication
Others (hospitality, retail, automotive)
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Biometric Technology Revenue
1.4 Market Analysis by Type
1.4.1 Global Biometric Technology Market Size Growth Rate by Type: 2020 VS 2026
1.4.2 Based on physical characteristics
1.4.3 Based on behavioral characteristics
1.5 Market by Application
1.5.1 Global Biometric Technology Market Share by Application: 2020 VS 2026
1.5.2 Public sector
1.5.3 Banking & financial sector
1.5.4 Healthcare
1.5.5 IT & telecommunication
1.5.6 Others (hospitality, retail, automotive)
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends by Regions
2.1 Biometric Technology Market Perspective (2015-2026)
2.2 Biometric Technology Growth Trends by Regions
2.2.1 Biometric Technology Market Size by Regions: 2015 VS 2020 VS 2026
2.2.2 Biometric Technology Historic Market Share by Regions (2015-2020)
2.2.3 Biometric Technology Forecasted Market Size by Regions (2021-2026)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Biometric Technology Market Growth Strategy
2.3.6 Primary Interviews with Key Biometric Technology Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Biometric Technology Players by Market Size
3.1.1 Global Top Biometric Technology Players by Revenue (2015-2020)
3.1.2 Global Biometric Technology Revenue Market Share by Players (2015-2020)
3.1.3 Global Biometric Technology Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Biometric Technology Market Concentration Ratio
3.2.1 Global Biometric Technology Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Biometric Technology Revenue in 2019
3.3 Biometric Technology Key Players Head office and Area Served
3.4 Key Players Biometric Technology Product Solution and Service
3.5 Date of Enter into Biometric Technology Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2026)
4.1 Global Biometric Technology Historic Market Size by Type (2015-2020)
4.2 Global Biometric Technology Forecasted Market Size by Type (2021-2026)
5 Biometric Technology Breakdown Data by Application (2015-2026)
5.1 Global Biometric Technology Market Size by Application (2015-2020)
5.2 Global Biometric Technology Forecasted Market Size by Application (2021-2026)
6 North America
6.1 North America Biometric Technology Market Size (2015-2020)
6.2 Biometric Technology Key Players in North America (2019-2020)
6.3 North America Biometric Technology Market Size by Type (2015-2020)
6.4 North America Biometric Technology Market Size by Application (2015-2020)
7 Europe
7.1 Europe Biometric Technology Market Size (2015-2020)
7.2 Biometric Technology Key Players in Europe (2019-2020)
7.3 Europe Biometric Technology Market Size by Type (2015-2020)
7.4 Europe Biometric Technology Market Size by Application (2015-2020)
8 China
8.1 China Biometric Technology Market Size (2015-2020)
8.2 Biometric Technology Key Players in China (2019-2020)
8.3 China Biometric Technology Market Size by Type (2015-2020)
8.4 China Biometric Technology Market Size by Application (2015-2020)
9 Japan
9.1 Japan Biometric Technology Market Size (2015-2020)
9.2 Biometric Technology Key Players in Japan (2019-2020)
9.3 Japan Biometric Technology Market Size by Type (2015-2020)
9.4 Japan Biometric Technology Market Size by Application (2015-2020)
10 Southeast Asia
10.1 Southeast Asia Biometric Technology Market Size (2015-2020)
10.2 Biometric Technology Key Players in Southeast Asia (2019-2020)
10.3 Southeast Asia Biometric Technology Market Size by Type (2015-2020)
10.4 Southeast Asia Biometric Technology Market Size by Application (2015-2020)
11 India
11.1 India Biometric Technology Market Size (2015-2020)
11.2 Biometric Technology Key Players in India (2019-2020)
11.3 India Biometric Technology Market Size by Type (2015-2020)
11.4 India Biometric Technology Market Size by Application (2015-2020)
12 Central & South America
12.1 Central & South America Biometric Technology Market Size (2015-2020)
12.2 Biometric Technology Key Players in Central & South America (2019-2020)
12.3 Central & South America Biometric Technology Market Size by Type (2015-2020)
12.4 Central & South America Biometric Technology Market Size by Application (2015-2020)
13 Key Players Profiles
13.1 3M Company (Cogent Systems, Inc.)
13.1.1 3M Company (Cogent Systems, Inc.) Company Details
13.1.2 3M Company (Cogent Systems, Inc.) Business Overview and Its Total Revenue
13.1.3 3M Company (Cogent Systems, Inc.) Biometric Technology Introduction
13.1.4 3M Company (Cogent Systems, Inc.) Revenue in Biometric Technology Business (2015-2020))
13.1.5 3M Company (Cogent Systems, Inc.) Recent Development
13.2 Fujitsu Frontech Limited
13.2.1 Fujitsu Frontech Limited Company Details
13.2.2 Fujitsu Frontech Limited Business Overview and Its Total Revenue
13.2.3 Fujitsu Frontech Limited Biometric Technology Introduction
13.2.4 Fujitsu Frontech Limited Revenue in Biometric Technology Business (2015-2020)
13.2.5 Fujitsu Frontech Limited Recent Development
13.3 ImageWare Systems, Inc.
13.3.1 ImageWare Systems, Inc. Company Details
13.3.2 ImageWare Systems, Inc. Business Overview and Its Total Revenue
13.3.3 ImageWare Systems, Inc. Biometric Technology Introduction
13.3.4 ImageWare Systems, Inc. Revenue in Biometric Technology Business (2015-2020)
13.3.5 ImageWare Systems, Inc. Recent Development
13.4 Suprema, Inc.
13.4.1 Suprema, Inc. Company Details
13.4.2 Suprema, Inc. Business Overview and Its Total Revenue
13.4.3 Suprema, Inc. Biometric Technology Introduction
13.4.4 Suprema, Inc. Revenue in Biometric Technology Business (2015-2020)
13.4.5 Suprema, Inc. Recent Development
13.5 Safran S.A.
13.5.1 Safran S.A. Company Details
13.5.2 Safran S.A. Business Overview and Its Total Revenue
13.5.3 Safran S.A. Biometric Technology Introduction
13.5.4 Safran S.A. Revenue in Biometric Technology Business (2015-2020)
13.5.5 Safran S.A. Recent Development
13.6 secunet Security Networks AG
13.6.1 secunet Security Networks AG Company Details
13.6.2 secunet Security Networks AG Business Overview and Its Total Revenue
13.6.3 secunet Security Networks AG Biometric Technology Introduction
13.6.4 secunet Security Networks AG Revenue in Biometric Technology Business (2015-2020)
13.6.5 secunet Security Networks AG Recent Development
13.7 Thales S.A.
13.7.1 Thales S.A. Company Details
13.7.2 Thales S.A. Business Overview and Its Total Revenue
13.7.3 Thales S.A. Biometric Technology Introduction
13.7.4 Thales S.A. Revenue in Biometric Technology Business (2015-2020)
13.7.5 Thales S.A. Recent Development
13.8 BIO-key International, Inc.
13.8.1 BIO-key International, Inc. Company Details
13.8.2 BIO-key International, Inc. Business Overview and Its Total Revenue
13.8.3 BIO-key International, Inc. Biometric Technology Introduction
13.8.4 BIO-key International, Inc. Revenue in Biometric Technology Business (2015-2020)
13.8.5 BIO-key International, Inc. Recent Development
13.9 NEC Corporation
13.9.1 NEC Corporation Company Details
13.9.2 NEC Corporation Business Overview and Its Total Revenue
13.9.3 NEC Corporation Biometric Technology Introduction
13.9.4 NEC Corporation Revenue in Biometric Technology Business (2015-2020)
13.9.5 NEC Corporation Recent Development
13.10 Precise Biometrics
13.10.1 Precise Biometrics Company Details
13.10.2 Precise Biometrics Business Overview and Its Total Revenue
13.10.3 Precise Biometrics Biometric Technology Introduction
13.10.4 Precise Biometrics Revenue in Biometric Technology Business (2015-2020)
13.10.5 Precise Biometrics Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
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