Europe Biometrics Market Research 2020-2025: Profitable Customized Report

According to the latest report by IMARC Group, titled “Europe Biometrics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the Biometrics market size in Europe reached a strong growth in 2019. Biometrics are used to identify, recognize, and authenticate individuals based on their physical or behavioral characteristics, known as identifiers. Biometric devices save these identifiers in a database and compare them while providing access to data, systems, or devices. In Europe, they are widely deployed in schools, colleges, corporate, and government facilities as they are reliable, accurate, and difficult to forge.

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The rising security concerns have led to increased use of biometrics in the European defense and military sector to track criminal activities and facilitate access control in sensitive departments. Additionally, the technology's growing utilization to establish an indisputable audit trail and strengthen accountability against internal threats also bolsters the market growth. Moreover, the digitization of several products and services in numerous industries, along with the increasing incidences of security breaches, also provide a thrust to the market growth. Furthermore, the coronavirus disease (COVID-19) outbreak has increased the demand for touchless biometric solutions in temperature detection and access control systems, consequently driving the growth of the market in the region. Looking forward by IMARC group, the market is expected to continue its robust growth during the forecast period (2020-2025).

Breakup by Technology:
• Face Recognition
• Hand Geometry
• Voice Recognition
• Signature Recognition
• Iris Recognition
• AFIS
• Non-AFIS
• Others

Breakup by Functionality:
• Contact
• Non-contact
• Combined

Breakup by Component:
• Hardware
• Software

Breakup by Authentication:
• Single-Factor Authentication
• Multifactor Authentication

Breakup by End User:
• Government
• Defense Services
• Banking and Finance
• Consumer Electronics
• Healthcare
• Commercial Safety and Security
• Transport/Visa/Logistics
• Others

Competitive Landscape with Key Player:
• Accu-Time Systems
• BIO-Key International
• Cognitec Systems
• Fujitsu Limited
• 3M Cogent
• IDTECK
• NEC Corporation
• Siemens AG
• RCG Holdings
• Suprema
• Lumidigm
• IrisGuard
• Daon
• DigitalPersona
• Morpho SA (Safran)

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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