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Biometric Technology - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Medical Care

Published: 2024-01-24

Pages: 108 Pages

Report ld: 2332867

Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
PDF Download

Description

Biometrics technology is used for identification and authentication of individuals by measuring and analyzing their personal traits-fingerprints, iris, hand geometry, voice, face, vascular pattern, palm print, or behavioral characteristics-signature, typing pattern, gait. It is a major industry which forms a significant part of the biometric market.

The global market for Biometric Technology was estimated to be worth US$ 5958.3 million in 2023 and is forecast to a readjusted size of US$ 12750 million by 2030 with a CAGR of 11.0% during the forecast period 2024-2030

Biometric Technology Market Size

M= millions and B=billions

Biometric technology provides advanced methodology over traditional PIN based methods. This technology is used to secure the sensitive or personal data from fraudulent use of an individual’s possessions, such as ATMs, smart cards, mobile phones or access to desktops, laptops, workstations, or networks by unique identification technique. It uses both physiological as well as psychological traits for identification that makes it beneficial in variety of crucial applications, such as national security, law enforcement, enterprise &e-governance, personal information & business transactions, and others. Biometric systems are designed with a storage component for biometric data samples of individuals and are linked to the information on their identity. Traditional methods could be compromised; for instance, a PIN or password could be forgotten or a key could be lost, but biometric traits are difficult to steal or forget. Owing to its unique characteristics and high security, biometric technology is used in variety of applications in industries, such as defense, government, healthcare, banking & finance, transport & immigration, commercial security, non-commercial safety, and others (hospitality, gaming, automobile, retail).

Report Scope
This report aims to provide a comprehensive presentation of the global market for Biometric Technology, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Biometric Technology by region & country, by Type, and by Application.

The Biometric Technology market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biometric Technology.

Market Segmentation

Report Metric
Details
Report Title
Biometric Technology - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 12750 million
CAGR(2024-2030)
11%
Market Size Available for Years
2019-2030
Global Biometric Technology Companies Covered
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
Global Biometric Technology Market, by Region
North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Biometric Technology Market, Segment by Type
Based on physical characteristics

Based on behavioral characteristics
Global Biometric Technology Market, Segment by Application
Public sector

Banking & financial sector

Healthcare

IT & telecommunication

Others (hospitality, retail, automotive)
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Biometric Technology manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Biometric Technology in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Biometric Technology in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
    1.1 Biometric Technology Product Introduction
    1.2 Global Biometric Technology Market Size Forecast
    1.3 Biometric Technology Market Trends & Drivers
        1.3.1 Biometric Technology Industry Trends
        1.3.2 Biometric Technology Market Drivers & Opportunity
        1.3.3 Biometric Technology Market Challenges
        1.3.4 Biometric Technology Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Biometric Technology Players Revenue Ranking (2023)
    2.2 Global Biometric Technology Revenue by Company (2019-2024)
    2.3 Key Companies Biometric Technology Manufacturing Base Distribution and Headquarters
    2.4 Key Companies Biometric Technology Product Offered
    2.5 Key Companies Time to Begin Mass Production of Biometric Technology
    2.6 Biometric Technology Market Competitive Analysis
        2.6.1 Biometric Technology Market Concentration Rate (2019-2024)
        2.6.2 Global 5 and 10 Largest Companies by Biometric Technology Revenue in 2023
        2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Biometric Technology as of 2023)
    2.7 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 Based on physical characteristics
        3.1.2 Based on behavioral characteristics
    3.2 Global Biometric Technology Sales Value by Type
        3.2.1 Global Biometric Technology Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Biometric Technology Sales Value, by Type (2019-2030)
        3.2.3 Global Biometric Technology Sales Value, by Type (%) (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Public sector
        4.1.2 Banking & financial sector
        4.1.3 Healthcare
        4.1.4 IT & telecommunication
        4.1.5 Others (hospitality, retail, automotive)
    4.2 Global Biometric Technology Sales Value by Application
        4.2.1 Global Biometric Technology Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Biometric Technology Sales Value, by Application (2019-2030)
        4.2.3 Global Biometric Technology Sales Value, by Application (%) (2019-2030)

 5 Segmentation by Region
    5.1 Global Biometric Technology Sales Value by Region
        5.1.1 Global Biometric Technology Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Biometric Technology Sales Value by Region (2019-2024)
        5.1.3 Global Biometric Technology Sales Value by Region (2025-2030)
        5.1.4 Global Biometric Technology Sales Value by Region (%), (2019-2030)
    5.2 North America
        5.2.1 North America Biometric Technology Sales Value, 2019-2030
        5.2.2 North America Biometric Technology Sales Value by Country (%), 2023 VS 2030
    5.3 Europe
        5.3.1 Europe Biometric Technology Sales Value, 2019-2030
        5.3.2 Europe Biometric Technology Sales Value by Country (%), 2023 VS 2030
    5.4 Asia Pacific
        5.4.1 Asia Pacific Biometric Technology Sales Value, 2019-2030
        5.4.2 Asia Pacific Biometric Technology Sales Value by Country (%), 2023 VS 2030
    5.5 South America
        5.5.1 South America Biometric Technology Sales Value, 2019-2030
        5.5.2 South America Biometric Technology Sales Value by Country (%), 2023 VS 2030
    5.6 Middle East & Africa
        5.6.1 Middle East & Africa Biometric Technology Sales Value, 2019-2030
        5.6.2 Middle East & Africa Biometric Technology Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Biometric Technology Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Biometric Technology Sales Value
    6.3 United States
        6.3.1 United States Biometric Technology Sales Value, 2019-2030
        6.3.2 United States Biometric Technology Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Biometric Technology Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Biometric Technology Sales Value, 2019-2030
        6.4.2 Europe Biometric Technology Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Biometric Technology Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Biometric Technology Sales Value, 2019-2030
        6.5.2 China Biometric Technology Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Biometric Technology Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Biometric Technology Sales Value, 2019-2030
        6.6.2 Japan Biometric Technology Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Biometric Technology Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Biometric Technology Sales Value, 2019-2030
        6.7.2 South Korea Biometric Technology Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Biometric Technology Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Biometric Technology Sales Value, 2019-2030
        6.8.2 Southeast Asia Biometric Technology Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Biometric Technology Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Biometric Technology Sales Value, 2019-2030
        6.9.2 India Biometric Technology Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Biometric Technology Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 3M Company (Cogent Systems, Inc.)
        7.1.1 3M Company (Cogent Systems, Inc.) Profile
        7.1.2 3M Company (Cogent Systems, Inc.) Main Business
        7.1.3 3M Company (Cogent Systems, Inc.) Biometric Technology Products, Services and Solutions
        7.1.4 3M Company (Cogent Systems, Inc.) Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.1.5 3M Company (Cogent Systems, Inc.) Recent Developments
    7.2 Fujitsu Frontech Limited
        7.2.1 Fujitsu Frontech Limited Profile
        7.2.2 Fujitsu Frontech Limited Main Business
        7.2.3 Fujitsu Frontech Limited Biometric Technology Products, Services and Solutions
        7.2.4 Fujitsu Frontech Limited Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.2.5 Fujitsu Frontech Limited Recent Developments
    7.3 ImageWare Systems, Inc.
        7.3.1 ImageWare Systems, Inc. Profile
        7.3.2 ImageWare Systems, Inc. Main Business
        7.3.3 ImageWare Systems, Inc. Biometric Technology Products, Services and Solutions
        7.3.4 ImageWare Systems, Inc. Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.3.5 Suprema, Inc. Recent Developments
    7.4 Suprema, Inc.
        7.4.1 Suprema, Inc. Profile
        7.4.2 Suprema, Inc. Main Business
        7.4.3 Suprema, Inc. Biometric Technology Products, Services and Solutions
        7.4.4 Suprema, Inc. Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.4.5 Suprema, Inc. Recent Developments
    7.5 Safran S.A.
        7.5.1 Safran S.A. Profile
        7.5.2 Safran S.A. Main Business
        7.5.3 Safran S.A. Biometric Technology Products, Services and Solutions
        7.5.4 Safran S.A. Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.5.5 Safran S.A. Recent Developments
    7.6 secunet Security Networks AG
        7.6.1 secunet Security Networks AG Profile
        7.6.2 secunet Security Networks AG Main Business
        7.6.3 secunet Security Networks AG Biometric Technology Products, Services and Solutions
        7.6.4 secunet Security Networks AG Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.6.5 secunet Security Networks AG Recent Developments
    7.7 Thales S.A.
        7.7.1 Thales S.A. Profile
        7.7.2 Thales S.A. Main Business
        7.7.3 Thales S.A. Biometric Technology Products, Services and Solutions
        7.7.4 Thales S.A. Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.7.5 Thales S.A. Recent Developments
    7.8 BIO-key International, Inc.
        7.8.1 BIO-key International, Inc. Profile
        7.8.2 BIO-key International, Inc. Main Business
        7.8.3 BIO-key International, Inc. Biometric Technology Products, Services and Solutions
        7.8.4 BIO-key International, Inc. Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.8.5 BIO-key International, Inc. Recent Developments
    7.9 NEC Corporation
        7.9.1 NEC Corporation Profile
        7.9.2 NEC Corporation Main Business
        7.9.3 NEC Corporation Biometric Technology Products, Services and Solutions
        7.9.4 NEC Corporation Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.9.5 NEC Corporation Recent Developments
    7.10 Precise Biometrics
        7.10.1 Precise Biometrics Profile
        7.10.2 Precise Biometrics Main Business
        7.10.3 Precise Biometrics Biometric Technology Products, Services and Solutions
        7.10.4 Precise Biometrics Biometric Technology Revenue (US$ Million) & (2019-2024)
        7.10.5 Precise Biometrics Recent Developments

 8 Industry Chain Analysis
    8.1 Biometric Technology Industrial Chain
    8.2 Biometric Technology Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Biometric Technology Sales Model
        8.5.2 Sales Channel
        8.5.3 Biometric Technology Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Biometric Technology Market Trends
    Table 2. Biometric Technology Market Drivers & Opportunity
    Table 3. Biometric Technology Market Challenges
    Table 4. Biometric Technology Market Restraints
    Table 5. Global Biometric Technology Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Biometric Technology Revenue Market Share by Company (2019-2024)
    Table 7. Key Companies Biometric Technology Manufacturing Base Distribution and Headquarters
    Table 8. Key Companies Biometric Technology Product Type
    Table 9. Key Companies Time to Begin Mass Production of Biometric Technology
    Table 10. Global Biometric Technology Companies Market Concentration Ratio (CR5 and HHI)
    Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Biometric Technology as of 2023)
    Table 12. Mergers & Acquisitions, Expansion Plans
    Table 13. Global Biometric Technology Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 14. Global Biometric Technology Sales Value by Type (2019-2024) & (US$ Million)
    Table 15. Global Biometric Technology Sales Value by Type (2025-2030) & (US$ Million)
    Table 16. Global Biometric Technology Sales Market Share in Value by Type (2019-2024) & (%)
    Table 17. Global Biometric Technology Sales Market Share in Value by Type (2025-2030) & (%)
    Table 18. Global Biometric Technology Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 19. Global Biometric Technology Sales Value by Application (2019-2024) & (US$ Million)
    Table 20. Global Biometric Technology Sales Value by Application (2025-2030) & (US$ Million)
    Table 21. Global Biometric Technology Sales Market Share in Value by Application (2019-2024) & (%)
    Table 22. Global Biometric Technology Sales Market Share in Value by Application (2025-2030) & (%)
    Table 23. Global Biometric Technology Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 24. Global Biometric Technology Sales Value by Region (2019-2024) & (US$ Million)
    Table 25. Global Biometric Technology Sales Value by Region (2025-2030) & (US$ Million)
    Table 26. Global Biometric Technology Sales Value by Region (2019-2024) & (%)
    Table 27. Global Biometric Technology Sales Value by Region (2025-2030) & (%)
    Table 28. Key Countries/Regions Biometric Technology Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 29. Key Countries/Regions Biometric Technology Sales Value, (2019-2024) & (US$ Million)
    Table 30. Key Countries/Regions Biometric Technology Sales Value, (2025-2030) & (US$ Million)
    Table 31. 3M Company (Cogent Systems, Inc.) Basic Information List
    Table 32. 3M Company (Cogent Systems, Inc.) Description and Business Overview
    Table 33. 3M Company (Cogent Systems, Inc.) Biometric Technology Products, Services and Solutions
    Table 34. Revenue (US$ Million) in Biometric Technology Business of 3M Company (Cogent Systems, Inc.) (2019-2024)
    Table 35. 3M Company (Cogent Systems, Inc.) Recent Developments
    Table 36. Fujitsu Frontech Limited Basic Information List
    Table 37. Fujitsu Frontech Limited Description and Business Overview
    Table 38. Fujitsu Frontech Limited Biometric Technology Products, Services and Solutions
    Table 39. Revenue (US$ Million) in Biometric Technology Business of Fujitsu Frontech Limited (2019-2024)
    Table 40. Fujitsu Frontech Limited Recent Developments
    Table 41. ImageWare Systems, Inc. Basic Information List
    Table 42. ImageWare Systems, Inc. Description and Business Overview
    Table 43. ImageWare Systems, Inc. Biometric Technology Products, Services and Solutions
    Table 44. Revenue (US$ Million) in Biometric Technology Business of ImageWare Systems, Inc. (2019-2024)
    Table 45. ImageWare Systems, Inc. Recent Developments
    Table 46. Suprema, Inc. Basic Information List
    Table 47. Suprema, Inc. Description and Business Overview
    Table 48. Suprema, Inc. Biometric Technology Products, Services and Solutions
    Table 49. Revenue (US$ Million) in Biometric Technology Business of Suprema, Inc. (2019-2024)
    Table 50. Suprema, Inc. Recent Developments
    Table 51. Safran S.A. Basic Information List
    Table 52. Safran S.A. Description and Business Overview
    Table 53. Safran S.A. Biometric Technology Products, Services and Solutions
    Table 54. Revenue (US$ Million) in Biometric Technology Business of Safran S.A. (2019-2024)
    Table 55. Safran S.A. Recent Developments
    Table 56. secunet Security Networks AG Basic Information List
    Table 57. secunet Security Networks AG Description and Business Overview
    Table 58. secunet Security Networks AG Biometric Technology Products, Services and Solutions
    Table 59. Revenue (US$ Million) in Biometric Technology Business of secunet Security Networks AG (2019-2024)
    Table 60. secunet Security Networks AG Recent Developments
    Table 61. Thales S.A. Basic Information List
    Table 62. Thales S.A. Description and Business Overview
    Table 63. Thales S.A. Biometric Technology Products, Services and Solutions
    Table 64. Revenue (US$ Million) in Biometric Technology Business of Thales S.A. (2019-2024)
    Table 65. Thales S.A. Recent Developments
    Table 66. BIO-key International, Inc. Basic Information List
    Table 67. BIO-key International, Inc. Description and Business Overview
    Table 68. BIO-key International, Inc. Biometric Technology Products, Services and Solutions
    Table 69. Revenue (US$ Million) in Biometric Technology Business of BIO-key International, Inc. (2019-2024)
    Table 70. BIO-key International, Inc. Recent Developments
    Table 71. NEC Corporation Basic Information List
    Table 72. NEC Corporation Description and Business Overview
    Table 73. NEC Corporation Biometric Technology Products, Services and Solutions
    Table 74. Revenue (US$ Million) in Biometric Technology Business of NEC Corporation (2019-2024)
    Table 75. NEC Corporation Recent Developments
    Table 76. Precise Biometrics Basic Information List
    Table 77. Precise Biometrics Description and Business Overview
    Table 78. Precise Biometrics Biometric Technology Products, Services and Solutions
    Table 79. Revenue (US$ Million) in Biometric Technology Business of Precise Biometrics (2019-2024)
    Table 80. Precise Biometrics Recent Developments
    Table 81. Key Raw Materials Lists
    Table 82. Raw Materials Key Suppliers Lists
    Table 83. Biometric Technology Downstream Customers
    Table 84. Biometric Technology Distributors List
    Table 85. Research Programs/Design for This Report
    Table 86. Key Data Information from Secondary Sources
    Table 87. Key Data Information from Primary Sources
    Table 88. Business Unit and Senior & Team Lead Analysts
List of Figures
    Figure 1. Biometric Technology Product Picture
    Figure 2. Global Biometric Technology Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Biometric Technology Sales Value (2019-2030) & (US$ Million)
    Figure 4. Biometric Technology Report Years Considered
    Figure 5. Global Biometric Technology Players Revenue Ranking (2023) & (US$ Million)
    Figure 6. The 5 and 10 Largest Manufacturers in the World: Market Share by Biometric Technology Revenue in 2023
    Figure 7. Biometric Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 8. Based on physical characteristics Picture
    Figure 9. Based on behavioral characteristics Picture
    Figure 10. Global Biometric Technology Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 11. Global Biometric Technology Sales Value Market Share by Type, 2023 & 2030
    Figure 12. Product Picture of Public sector
    Figure 13. Product Picture of Banking & financial sector
    Figure 14. Product Picture of Healthcare
    Figure 15. Product Picture of IT & telecommunication
    Figure 16. Product Picture of Others (hospitality, retail, automotive)
    Figure 17. Global Biometric Technology Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 18. Global Biometric Technology Sales Value Market Share by Application, 2023 & 2030
    Figure 19. North America Biometric Technology Sales Value (2019-2030) & (US$ Million)
    Figure 20. North America Biometric Technology Sales Value by Country (%), 2023 VS 2030
    Figure 21. Europe Biometric Technology Sales Value (2019-2030) & (US$ Million)
    Figure 22. Europe Biometric Technology Sales Value by Country (%), 2023 VS 2030
    Figure 23. Asia Pacific Biometric Technology Sales Value (2019-2030) & (US$ Million)
    Figure 24. Asia Pacific Biometric Technology Sales Value by Country (%), 2023 VS 2030
    Figure 25. South America Biometric Technology Sales Value (2019-2030) & (US$ Million)
    Figure 26. South America Biometric Technology Sales Value by Country (%), 2023 VS 2030
    Figure 27. Middle East & Africa Biometric Technology Sales Value (2019-2030) & (US$ Million)
    Figure 28. Middle East & Africa Biometric Technology Sales Value by Country (%), 2023 VS 2030
    Figure 29. Key Countries/Regions Biometric Technology Sales Value (%), (2019-2030)
    Figure 30. United States Biometric Technology Sales Value, (2019-2030) & (US$ Million)
    Figure 31. United States Biometric Technology Sales Value by Type (%), 2023 VS 2030
    Figure 32. United States Biometric Technology Sales Value by Application (%), 2023 VS 2030
    Figure 33. Europe Biometric Technology Sales Value, (2019-2030) & (US$ Million)
    Figure 34. Europe Biometric Technology Sales Value by Type (%), 2023 VS 2030
    Figure 35. Europe Biometric Technology Sales Value by Application (%), 2023 VS 2030
    Figure 36. China Biometric Technology Sales Value, (2019-2030) & (US$ Million)
    Figure 37. China Biometric Technology Sales Value by Type (%), 2023 VS 2030
    Figure 38. China Biometric Technology Sales Value by Application (%), 2023 VS 2030
    Figure 39. Japan Biometric Technology Sales Value, (2019-2030) & (US$ Million)
    Figure 40. Japan Biometric Technology Sales Value by Type (%), 2023 VS 2030
    Figure 41. Japan Biometric Technology Sales Value by Application (%), 2023 VS 2030
    Figure 42. South Korea Biometric Technology Sales Value, (2019-2030) & (US$ Million)
    Figure 43. South Korea Biometric Technology Sales Value by Type (%), 2023 VS 2030
    Figure 44. South Korea Biometric Technology Sales Value by Application (%), 2023 VS 2030
    Figure 45. Southeast Asia Biometric Technology Sales Value, (2019-2030) & (US$ Million)
    Figure 46. Southeast Asia Biometric Technology Sales Value by Type (%), 2023 VS 2030
    Figure 47. Southeast Asia Biometric Technology Sales Value by Application (%), 2023 VS 2030
    Figure 48. India Biometric Technology Sales Value, (2019-2030) & (US$ Million)
    Figure 49. India Biometric Technology Sales Value by Type (%), 2023 VS 2030
    Figure 50. India Biometric Technology Sales Value by Application (%), 2023 VS 2030
    Figure 51. Biometric Technology Industrial Chain
    Figure 52. Biometric Technology Manufacturing Cost Structure
    Figure 53. Channels of Distribution (Direct Sales, and Distribution)
    Figure 54. Bottom-up and Top-down Approaches for This Report
    Figure 55. Data Triangulation

Description

Biometrics technology is used for identification and authentication of individuals by measuring and analyzing their personal traits-fingerprints, iris, hand geometry, voice, face, vascular pattern, palm print, or behavioral characteristics-signature, typing pattern, gait. It is a major industry which forms a significant part of the biometric market.

The global market for Biometric Technology was estimated to be worth US$ 5958.3 million in 2023 and is forecast to a readjusted size of US$ 12750 million by 2030 with a CAGR of 11.0% during the forecast period 2024-2030

Biometric technology provides advanced methodology over traditional PIN based methods. This technology is used to secure the sensitive or personal data from fraudulent use of an individual’s possessions, such as ATMs, smart cards, mobile phones or access to desktops, laptops, workstations, or networks by unique identification technique. It uses both physiological as well as psychological traits for identification that makes it beneficial in variety of crucial applications, such as national security, law enforcement, enterprise &e-governance, personal information & business transactions, and others. Biometric systems are designed with a storage component for biometric data samples of individuals and are linked to the information on their identity. Traditional methods could be compromised; for instance, a PIN or password could be forgotten or a key could be lost, but biometric traits are difficult to steal or forget. Owing to its unique characteristics and high security, biometric technology is used in variety of applications in industries, such as defense, government, healthcare, banking & finance, transport & immigration, commercial security, non-commercial safety, and others (hospitality, gaming, automobile, retail).

Report Scope
This report aims to provide a comprehensive presentation of the global market for Biometric Technology, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Biometric Technology by region & country, by Type, and by Application.

The Biometric Technology market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biometric Technology.

Market Segmentation