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Biometric Technology Market Size, Growth, Demands Outlook and Forecasts to 2030

Precedence Research - September 28, 2022

 According to the research report, the global biometrictechnology market size is expected to touch USD 137.5 Billion by 2030, from USD 45.6  Billion in 2021, growing with a significant CAGR of 13.05% from 2022 to 2030. 

Biometric Technology Market Size 2022 To 2030

The biometric technology market report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global biometric technology market in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global biometric technology market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global biometric technology market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

Sample Link https://www.precedenceresearch.com/sample/2112

 Report Scope of the Biometric Technology Market

Report CoverageDetails
Market Size in 2022

USD 51.55 Billion

Market Size by 2030

USD 137.5 Billion

Growth Rate from 2022 to 2030CAGR of 13.05%
Base Year2021
Forecast Period2022 to 2030
Segments CoveredAuthentication Type, Component, Type, Mobility, Application, End User and Geography

This study covers a detailed segmentation of the global biometric technology market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global biometric technology market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

  • NEC Corporation
  • Precise Biometrics AB
  • Fujitsu Limited
  • 3M Cogent
  • Hitachi
  • FaceFirst
  • Nuance Communications

Market Segmentation

 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)

Research Methodology

The research methodology adopted by analysts for compiling the global biometric technology market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global biometric technology market.

TABLE OF CONTENT

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

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