Press release
Global Government Biometrics Market To Reach US$7.9 billion In 2027
About Government Biometrics Market
Governments and law enforcement agencies are adopting numerous long term e-passport and national identity card programs, which is fuelling growth in the biometric market.
The US, and European nations including the UK, Germany, France, were early adopters of biometric recognition systems; however, the technology has now found a strong foothold in emerging markets such as China, India, Australia, Brazil, Saudi Arabia, and Mexico.
Though a major portion of the biometrics market consists of fingerprint recognition and facial recognition technologies, other technologies, such as iris recognition, voice recognition, and vein recognition are also rapidly gaining importance with governments.
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Synopsis
The Global Government Biometrics Market 2017-2027 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for biometrics, key market trends, and challenges faced by industry participants.
Scope
The Global Government Biometric market will value US$4.3 billion by the end of 2017 and is expected to register a CAGR of 6.37%, to reach US$7.9 billion in 2027.
In terms of segments, the fingerprint recognition segment is expected to account for 36.4% of the market owing to its large scale implementation in various government projects across the globe. Fingerprint recognition segment is followed by the facial recognition segment, with a share of 31.0%. Iris/retinal identification, signature recognition, and other technologies account for 14.7%, 10.8%, and 7.0% of the total market share respectively
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Reasons to buy
Determine prospective investment areas based on a detailed trend analysis of the government biometrics market over the next ten years
Gain in-depth understanding about the underlying factors driving demand for different biometrics segments in the top spending countries across the world and identify the opportunities offered by each of them
Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
Identify the major channels that are driving the global government biometrics market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
Channelize resources by focusing on the ongoing programs that are being undertaken by the internal ministries of different countries within the biometrics market
Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top biometrics service providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
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Table of Contents
Executive Summary
Global Government Biometrics Market - Overview
Market Dynamics
Demand Drivers: Analysis of factors that trigger spending within the segment
Trends: Prevalent practices, industry consolidation and procurement patterns within the market
Technological Developments: New products, processes and innovations recently inducted within the segment
Key Challenges: Obstacles affecting segment growth
Government Biometrics Market - Segment Analysis
Segment Analysis: Fingerprint Recognition
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Segment Analysis: Facial Recognition
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Segment Analysis: Iris/Retinal Recognition
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Segment Analysis: Signature Recognition
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Segment Analysis: Other Technologies
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027 Regional Review
Defense capital expenditure
Capex forecast, 2016- 2026
Factors influencing military modernization programs
Government Biometrics Market - Regional Analysis
Regional overview
Factors driving spending within the region
Regional expenditure on each sub-segment , 2017-2027
Market Size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Trend Analysis - Key Defense Markets
Country -wise breakdown of expenditure for each region
Sub-segment wise analysis for each country
Major Programs for each country
Market Size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Key Programs Analysis
Description of key programs
Delivery period, units and total expenditure
Competitive Landscape Analysis
Competitive analysis - 17 leading companies
Major Products and Services
Major Alliances and Recent Contracts
Financial Analysis covering Revenue, Operating Profit and Net Profit
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