Biometric System Market Size, Share, Analysis Report

Biometric System Market by Offering (Hardware, Software), Functionality (Contact, Noncontact, Combined), Authentication Type (Single-Factor: Fingerprint, Iris, Palm Print, Face, Voice; Multi-Factor), Region - Global Forecast to -Executive Data Report

The Biometric system market is expected to grow more than US$ 88 billion by 2028 at a CAGR of 13.4% during the forecast period.

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MARKET SNAPSHOT

Major Players

  • Thales Group
  • ASSA ABLOY AB
  • Safran
  • NEC Corporation
  • Fujitsu Ltd
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    13

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The need to confirm data safety in any organization is growing now. Therefore, software and solutions that can handle the same are high in demand. Biometric-as-a-service support the organization in keeping their data safe and secure. The adoption of biometric-as-a-service is anticipated to rise during the estimate period because of growing demand for security of data and need to manage it. Biometric-as-a-service is used by many companies due to its benefits counting security and ease of management and thus, providing a significant development to the Biometric-as-a-service market. Furthermore, cost-effectiveness is a key factor attracting the organizations toward adopting biometric-as-a-service. Similarly, biometric-as-a-service offers rapid deployment and integration to incorporate biometrics capabilities in the systems of the corporates. This is projected to fuel the growth of the biometric-as-a-service market during the estimate period. In addition, the industrial requirement of fast and secure registration is providing substantial evolution to the biometric-as-a-service market. Identification of employees can be attained in the offices with the help of biometric-as-a-service.

    The Biometric system market is expected to grow more than US$ 88 billion by 2028 at a CAGR of 13.4% during the forecast period.

    Global Biometric System Market is segmented based on the Offering as Hardware, Software. On the basis of Functionality as, the global Biometric System Market is segregated as. Contact, Noncontact, Combined. On the basis of Authentication Type as Single-Factor: Fingerprint, Iris, Palm Print, Face, Voice; Multi-Factor. 

    Global Biometric System Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Biometric System market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

    Research Methodology:

    To calculate the market size, the report considers the revenue generated from the sales of Biometric System market manufacturers. The revenue generated from the sales of Biometric System manufacturer has been calculated through primary and secondary research.

    The market size estimation also considered leading players revenues as Thales Group (Thales) (France), Safran (France), NEC Corporation (NEC) (Japan), ASSA ABLOY AB (ASSA ABLOY) (Sweden), Fujitsu Ltd. (Fujitsu) (Japan), Precise Biometrics, Inc. (Precise Biometrics) (US), Secunet Security Networks AG (Secunet) (Germany), Stanley Black & Decker, Inc. (STANLEY Security) (France), Aware (US), Cognitec Systems GmbH (Cognitec Systems) (Germany. Availability Services among others operating in the Biometric System market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes Offerings of segmentation determined using secondary sources and verified through primary sources.

    The Biometric System Market has been segmented as below:

    Biometric System Market, By Offering

    • Software
    • Hardware

    Biometric System Market, By Authentication Type

    • Multi-factor authentication
    • Single-factor authentication

    Biometric System Market, By End User

    • Banking & Finance
    • Consumer Electronics
    • Travel& Immigration
    • Security
    • Others
    • Government
    • Military & Defense
    • Healthcare
    • Automotive

    Biometric System Market, By Functionality Type

    • Noncontact
    • Combined
    • Contact

    Biometric System Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

    Report scope:

    The global Biometric System market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.

    Reasons to Buy this Report:

    • Gain comprehensive insights on the industry trends
    • Identify industry opportunities and key growth segments
    • Obtain complete market study on the Biometric System market

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    1.    Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    2.1.    Research Scope
    2.2.    Market Research Process
    2.3.    Research Data Analysis
    2.3.1.    Secondary Research
    2.3.2.    Primary Research
    2.3.3.    Models for Estimation
    2.4.    Market Size Estimation
    2.4.1.    Bottom-Up Approach
    2.4.2.    Top-Down Approach
    3.    Executive Summary
    4.    Biometric System Market, By Offering
    4.1.    Key Points
    4.2.    Software
    4.2.1.    Market Overview
    4.2.2.    Market Size & Forecast
    4.3.    Hardware
    4.3.1.    Market Overview
    4.3.2.    Market Size & Forecast
    5.    Biometric System Market, By Authentication Type
    5.1.    Key Points
    5.2.    Multi-factor authentication
    5.2.1.    Market Overview
    5.2.2.    Market Size & Forecast
    5.3.    Single-factor authentication
    5.3.1.    Market Overview
    5.3.2.    Market Size & Forecast
    6.    Biometric System Market, By End User
    6.1.    Key Points
    6.2.    Banking & Finance
    6.2.1.    Market Overview
    6.2.2.    Market Size & Forecast
    6.3.    Consumer Electronics
    6.3.1.    Market Overview
    6.3.2.    Market Size & Forecast
    6.4.    Travel& Immigration
    6.4.1.    Market Overview
    6.4.2.    Market Size & Forecast
    6.5.    Security
    6.5.1.    Market Overview
    6.5.2.    Market Size & Forecast
    6.6.    Others
    6.6.1.    Market Overview
    6.6.2.    Market Size & Forecast
    6.7.    Government
    6.7.1.    Market Overview
    6.7.2.    Market Size & Forecast
    6.8.    Military & Defense
    6.8.1.    Market Overview
    6.8.2.    Market Size & Forecast
    6.9.    Healthcare
    6.9.1.    Market Overview
    6.9.2.    Market Size & Forecast
    6.10.    Automotive
    6.10.1.    Market Overview
    6.10.2.    Market Size & Forecast
    7.    Biometric System Market, By Functionality Type
    7.1.    Key Points
    7.2.    Noncontact
    7.2.1.    Market Overview
    7.2.2.    Market Size & Forecast
    7.3.    Combined
    7.3.1.    Market Overview
    7.3.2.    Market Size & Forecast
    7.4.    Contact
    7.4.1.    Market Overview
    7.4.2.    Market Size & Forecast
    8.    Biometric System Market, By Region
    8.1.    North America
    8.1.1.    North America Industrial Floor Coating, By Offering
    8.1.2.    North America Industrial Floor Coating, By Authentication Type
    8.1.3.    North America Industrial Floor Coating, By End User
    8.1.4.    North America Industrial Floor Coating, By Functionality Type
    8.1.5.    By Country
    8.1.5.1.    U.S
    8.1.5.2.    Canada
    8.1.5.3.    Mexico
    8.2.    Europe
    8.2.1.    Europe Industrial Floor Coating, By Offering
    8.2.2.    Europe Industrial Floor Coating, By Authentication Type
    8.2.3.    Europe Industrial Floor Coating, By End User
    8.2.4.    Europe Industrial Floor Coating, By Functionality Type
    8.2.5.    By Country
    8.2.5.1.    U.K
    8.2.5.2.    Germany
    8.2.5.3.    Italy
    8.2.5.4.    France
    8.2.5.5.    Rest of Europe
    8.3.    Asia Pacific
    8.3.1.    Asia Pacific Industrial Floor Coating, By Offering
    8.3.2.    Asia Pacific Industrial Floor Coating, By Authentication Type
    8.3.3.    Asia Pacific Industrial Floor Coating, By End User
    8.3.4.    Asia Pacific Industrial Floor Coating, By Functionality Type
    8.3.5.    By Country
    8.3.5.1.    China
    8.3.5.2.    Australia
    8.3.5.3.    Japan
    8.3.5.4.    South Korea
    8.3.5.5.    India
    8.3.5.6.    Rest of Asia Pacific
    8.4.    Rest of World
    8.4.1.    Rest of World Industrial Floor Coating, By Offering
    8.4.2.    Rest of World Industrial Floor Coating, By Authentication Type
    8.4.3.    Rest of World Industrial Floor Coating, By End User
    8.4.4.    Rest of World Industrial Floor Coating, By Functionality Type
     

    The Biometric System Market has been segmented as below:

    Biometric System Market, By Offering

    • Software
    • Hardware

    Biometric System Market, By Authentication Type

    • Multi-factor authentication
    • Single-factor authentication

    Biometric System Market, By End User

    • Banking & Finance
    • Consumer Electronics
    • Travel& Immigration
    • Security
    • Others
    • Government
    • Military & Defense
    • Healthcare
    • Automotive

    Biometric System Market, By Functionality Type

    • Noncontact
    • Combined
    • Contact

    Biometric System Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 13.4% during the study period (2023-2028)
    The Biometric system market is expected to grow more than US$ 88 billion by 2028
    The segment included in Biometric system market is Offering, Authentication Type, End User, Functionality Type and region.
    Some key players operating in the Biometric system market include Thales Group (Thales) (France), Safran (France), NEC Corporation (NEC) (Japan), ASSA ABLOY AB (ASSA ABLOY) (Sweden), Fujitsu Ltd. (Fujitsu) (Japan), Precise Biometrics, Inc
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