According to the new research report published by Precedence Research, titled “The global biometric technology market size was estimated at USD 45.6 billion in 2021 and is projected to reach around USD 137.5 billion by 2030 and is poised to grow at a compound annual growth rate (CAGR) of 13.05% during the forecast period 2022 to 2030”.
The study investigates several elements and their consequences on the growth of the all-wheel drive market. This report focuses on biometric technology market volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall biometric technology market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, the Middle East & Africa, Latin America, etc.
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
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The study also provides important advancements in organic and inorganic growth strategies in the worldwide biometric technology market. A lot of corporations are prioritizing new launches, product approvals, and other business expansion techniques. In addition, the report offers profiles of biometric technology market firms and market strategies. Furthermore, the research focuses on top industry participants, providing information such as company profiles, components and services offered, recent financial data, and key developments.
Market Scope
Report Scope of the Biometric Technology Market
| Report Coverage | Details |
| Market Size in 2022 | USD 51.55 Billion |
| Market Size by 2030 | USD 137.5 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 13.05% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Authentication Type, Component, Type, Mobility, Application, End User and Geography |
Market Key Players
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the biometric technology market.
Some of the prominent players in the biometric technology market include:
- NEC Corporation
- Precise Biometrics AB
- Fujitsu Limited
- 3M Cogent
- Hitachi
- FaceFirst
- Nuance Communications
Market Segmentations
By Authentication Type
- Single-Factor Authentication
- Multi-Factor Authentication
By Component
- Hardware
- Software
By Type
- Contact-Based
- Contact-less
- Hybrid
By Mobility
- Fixed
- Portable
By Application
- Face
- Hand geometry
- Voice
- Signature
- Iris
- AFIS
- Non-AFIS
- Others
By End User
- Government
- Banking and Finance
- Consumer Electronics
- Healthcare
- Transport/Logistics
- Defense & Security
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
Report Objectives
- To define, segment, and project the global market size for biometric technology market
- To understand the structure of the market by identifying its various sub-segments
- To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the micro-markets, with respect to individual growth trends, future prospects, and their contributions to the total market
- To project the size of the market and its submarkets, in terms of value, with respect to global. (along with their respective key countries)
- To profile key players and comprehensively analyze their core competencies
- To understand the competitive landscape and identify major growth strategies adopted by players across the globe.
- To analyze the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Biometric Technology Market
5.1. COVID-19 Landscape: Biometric Technology Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Biometric Technology Market, By Authentication Type
8.1. Biometric Technology Market, by Authentication Type, 2022-2030
8.1.1. Single-Factor Authentication
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Multi-Factor Authentication
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Biometric Technology Market, By Component
9.1. Biometric Technology Market, by Component, 2022-2030
9.1.1. Hardware
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Software
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Biometric Technology Market, By Type
10.1. Biometric Technology Market, by Type, 2022-2030
10.1.1. Contact-Based
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Contact-less
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Hybrid
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Biometric Technology Market, By Mobility
11.1. Biometric Technology Market, by Mobility, 2022-2030
11.1.1. Fixed
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Portable
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Biometric Technology Market, By Application
12.1. Biometric Technology Market, by Application, 2022-2030
12.1.1. Face
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Hand geometry
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Voice
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Signature
12.1.4.1. Market Revenue and Forecast (2017-2030)
12.1.5. Iris
12.1.5.1. Market Revenue and Forecast (2017-2030)
12.1.6. AFIS
12.1.6.1. Market Revenue and Forecast (2017-2030)
12.1.7. Non-AFIS
12.1.7.1. Market Revenue and Forecast (2017-2030)
12.1.8. Others
12.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Biometric Technology Market, By End User
13.1. Biometric Technology Market, by End User, 2022-2030
13.1.1. Government
13.1.1.1. Market Revenue and Forecast (2017-2030)
13.1.2. Banking and Finance
13.1.2.1. Market Revenue and Forecast (2017-2030)
13.1.3. Consumer Electronics
13.1.3.1. Market Revenue and Forecast (2017-2030)
13.1.4. Healthcare
13.1.4.1. Market Revenue and Forecast (2017-2030)
13.1.5. Transport/Logistics
13.1.5.1. Market Revenue and Forecast (2017-2030)
13.1.6. Defense & Security
13.1.6.1. Market Revenue and Forecast (2017-2030)
13.1.7. Others
13.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 14. Global Biometric Technology Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.1.2. Market Revenue and Forecast, by Component (2017-2030)
14.1.3. Market Revenue and Forecast, by Type (2017-2030)
14.1.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.1.5. Market Revenue and Forecast, by Application (2017-2030)
14.1.6. Market Revenue and Forecast, by End User (2017-2030)
14.1.7. U.S.
14.1.7.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.1.7.2. Market Revenue and Forecast, by Component (2017-2030)
14.1.7.3. Market Revenue and Forecast, by Type (2017-2030)
14.1.7.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.1.8. Market Revenue and Forecast, by Application (2017-2030)
14.1.8.1. Market Revenue and Forecast, by End User (2017-2030)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.1.9.2. Market Revenue and Forecast, by Component (2017-2030)
14.1.9.3. Market Revenue and Forecast, by Type (2017-2030)
14.1.9.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.1.10. Market Revenue and Forecast, by Application (2017-2030)
14.1.11. Market Revenue and Forecast, by End User (2017-2030)
14.1.11.1.
14.2. Europe
14.2.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.2.2. Market Revenue and Forecast, by Component (2017-2030)
14.2.3. Market Revenue and Forecast, by Type (2017-2030)
14.2.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.2.5. Market Revenue and Forecast, by Application (2017-2030)
14.2.6. Market Revenue and Forecast, by End User (2017-2030)
14.2.7.
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.2.8.2. Market Revenue and Forecast, by Component (2017-2030)
14.2.8.3. Market Revenue and Forecast, by Type (2017-2030)
14.2.9. Market Revenue and Forecast, by Mobility (2017-2030)
14.2.10. Market Revenue and Forecast, by Application (2017-2030)
14.2.10.1. Market Revenue and Forecast, by End User (2017-2030)
14.2.11. Germany
14.2.11.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.2.11.2. Market Revenue and Forecast, by Component (2017-2030)
14.2.11.3. Market Revenue and Forecast, by Type (2017-2030)
14.2.12. Market Revenue and Forecast, by Mobility (2017-2030)
14.2.13. Market Revenue and Forecast, by Application (2017-2030)
14.2.14. Market Revenue and Forecast, by End User (2017-2030)
14.2.14.1.
14.2.15. France
14.2.15.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.2.15.2. Market Revenue and Forecast, by Component (2017-2030)
14.2.15.3. Market Revenue and Forecast, by Type (2017-2030)
14.2.15.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.2.16. Market Revenue and Forecast, by Application (2017-2030)
14.2.16.1. Market Revenue and Forecast, by End User (2017-2030)
14.2.17. Rest of Europe
14.2.17.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.2.17.2. Market Revenue and Forecast, by Component (2017-2030)
14.2.17.3. Market Revenue and Forecast, by Type (2017-2030)
14.2.17.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.2.18. Market Revenue and Forecast, by Application (2017-2030)
14.2.18.1. Market Revenue and Forecast, by End User (2017-2030)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.3.2. Market Revenue and Forecast, by Component (2017-2030)
14.3.3. Market Revenue and Forecast, by Type (2017-2030)
14.3.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.3.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.6. Market Revenue and Forecast, by End User (2017-2030)
14.3.7. India
14.3.7.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.3.7.2. Market Revenue and Forecast, by Component (2017-2030)
14.3.7.3. Market Revenue and Forecast, by Type (2017-2030)
14.3.7.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.3.8. Market Revenue and Forecast, by Application (2017-2030)
14.3.9. Market Revenue and Forecast, by End User (2017-2030)
14.3.10. China
14.3.10.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.3.10.2. Market Revenue and Forecast, by Component (2017-2030)
14.3.10.3. Market Revenue and Forecast, by Type (2017-2030)
14.3.10.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.3.11. Market Revenue and Forecast, by Application (2017-2030)
14.3.11.1. Market Revenue and Forecast, by End User (2017-2030)
14.3.12. Japan
14.3.12.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.3.12.2. Market Revenue and Forecast, by Component (2017-2030)
14.3.12.3. Market Revenue and Forecast, by Type (2017-2030)
14.3.12.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.3.12.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.12.6. Market Revenue and Forecast, by End User (2017-2030)
14.3.13. Rest of APAC
14.3.13.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.3.13.2. Market Revenue and Forecast, by Component (2017-2030)
14.3.13.3. Market Revenue and Forecast, by Type (2017-2030)
14.3.13.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.3.13.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.13.6. Market Revenue and Forecast, by End User (2017-2030)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.4.2. Market Revenue and Forecast, by Component (2017-2030)
14.4.3. Market Revenue and Forecast, by Type (2017-2030)
14.4.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.4.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.6. Market Revenue and Forecast, by End User (2017-2030)
14.4.7. GCC
14.4.7.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.4.7.2. Market Revenue and Forecast, by Component (2017-2030)
14.4.7.3. Market Revenue and Forecast, by Type (2017-2030)
14.4.7.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.4.8. Market Revenue and Forecast, by Application (2017-2030)
14.4.9. Market Revenue and Forecast, by End User (2017-2030)
14.4.10. North Africa
14.4.10.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.4.10.2. Market Revenue and Forecast, by Component (2017-2030)
14.4.10.3. Market Revenue and Forecast, by Type (2017-2030)
14.4.10.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.4.11. Market Revenue and Forecast, by Application (2017-2030)
14.4.12. Market Revenue and Forecast, by End User (2017-2030)
14.4.13. South Africa
14.4.13.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.4.13.2. Market Revenue and Forecast, by Component (2017-2030)
14.4.13.3. Market Revenue and Forecast, by Type (2017-2030)
14.4.13.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.4.13.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.13.6. Market Revenue and Forecast, by End User (2017-2030)
14.4.14. Rest of MEA
14.4.14.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.4.14.2. Market Revenue and Forecast, by Component (2017-2030)
14.4.14.3. Market Revenue and Forecast, by Type (2017-2030)
14.4.14.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.4.14.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.14.6. Market Revenue and Forecast, by End User (2017-2030)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.5.2. Market Revenue and Forecast, by Component (2017-2030)
14.5.3. Market Revenue and Forecast, by Type (2017-2030)
14.5.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.5.5. Market Revenue and Forecast, by Application (2017-2030)
14.5.6. Market Revenue and Forecast, by End User (2017-2030)
14.5.7. Brazil
14.5.7.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.5.7.2. Market Revenue and Forecast, by Component (2017-2030)
14.5.7.3. Market Revenue and Forecast, by Type (2017-2030)
14.5.7.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.5.8. Market Revenue and Forecast, by Application (2017-2030)
14.5.8.1. Market Revenue and Forecast, by End User (2017-2030)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Authentication Type (2017-2030)
14.5.9.2. Market Revenue and Forecast, by Component (2017-2030)
14.5.9.3. Market Revenue and Forecast, by Type (2017-2030)
14.5.9.4. Market Revenue and Forecast, by Mobility (2017-2030)
14.5.9.5. Market Revenue and Forecast, by Application (2017-2030)
14.5.9.6. Market Revenue and Forecast, by End User (2017-2030)
Chapter 15. Company Profiles
15.1. NEC Corporation
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. Precise Biometrics AB
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Fujitsu Limited
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. 3M Cogent
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Hitachi
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. FaceFirst
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. Nuance Communications
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global biometric technology market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for biometric technology are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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