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Next Generation Biometric Market - Global Industry Analysis

Next Generation Biometric Market by Authentication Type (Fingerprint, Face Recognition, Iris Recognition, Palm Print Recognition, Signature Recognition, and Others) and by Application (Government, Travel & Immigration, Defense, Home Security, Consumer Electronics, Banking and Finance, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 09-Aug-2019 Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-4572 Status : Published

Global next generation biometric market expected to generate around USD 36,837 million by 2025, at a CAGR of around 16.20% between 2019 and 2025. The next generation biometric market is likely to grow owing to the increasing government initiatives for restricting illegal activities.

Description

The report covers a forecast and an analysis of the next generation biometric market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the next generation biometric market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the next generation biometric market on a global and regional level.

In order to give the users of this report a comprehensive view of the next generation biometric market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Next Generation Biometric Market

The report provides company market share analysis to give a broader overview of the key players in the next generation biometric market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the next generation biometric market on a global and regional basis.

The study provides a decisive view of the next generation biometric market by segmenting it based on authentication type, application, and region. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some major players operating in the next generation biometric market are Cross Match Technologies, 3M, Facebanx, Fujitsu, Fingerprint Cards, Fulcrum Biometrics, RCG Holdings, NCE Corporation, Safran, and Siemens.

This report segments the global next generation biometric market into:

Global Next Generation Biometric Market: By Authentication Type

  • Fingerprint
  • Face Recognition
  • Iris Recognition
  • Palm Print Recognition
  • Signature Recognition
  • Others

Global Next Generation Biometric Market: By Application

  • Government
  • Travel and Immigration
  • Defense
  • Home Security
  • Consumer Electronics
  • Banking and Finance
  • Others

Global Next Generation Biometric Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Next Generation Biometric Market Revenue, 2016-2025 (USD Million)
    • 2.2. Global Next Generation Biometric Market: Snapshot
  •  
  • Chapter 3. Next Generation Biometric Market - Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global Next Generation Biometric Market drivers: Impact analysis
      • 3.2.2. A growing number of e-passport programs
      • 3.2.3. Government support for the development of biometric technology
      • 3.2.4. Extensive use in criminal identification
      • 3.2.5. The rising number of terrorist activities globally
    • 3.3. Market restraints
      • 3.3.1. The high cost of systems
      • 3.3.2. Fear of privacy intrusion
    • 3.4. Opportunities
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by Authentication Type
      • 3.6.2. Market attractiveness analysis, by Application
      • 3.6.3. Market attractiveness analysis, by Region
  •  
  • Chapter 4. Global Next Generation Biometric Market - Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global Next Generation Biometric Market: Company Market Share, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Authentication Type Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  •  
  • Chapter 5. Global Next Generation Biometric Market - Authentication Type Analysis
    • 5.1. Global Next Generation Biometric Market: Authentication Type overview
      • 5.1.1. Global Next Generation Biometric Market Share, by Authentication Type, 2018 and 2025
    • 5.2. Fingerprint
      • 5.2.1. Global Next Generation Biometric Market for Fingerprint, 2016-2025 (USD Million)
    • 5.3. Face recognition
      • 5.3.1. Global Next Generation Biometric Market for Face recognition, 2016-2025 (USD Million)
    • 5.4. Iris Recognition
      • 5.4.1. Global Next Generation Biometric Market for Iris Recognition, 2016-2025 (USD Million)
    • 5.5. Palm Print Recognition
      • 5.5.1. Global Next Generation Biometric Market for Palm Print Recognition, 2016-2025 (USD Million)
    • 5.6. Signature Recognition
      • 5.6.1. Global Next Generation Biometric Market for Signature Recognition, 2016-2025 (USD Million)
    • 5.7. Others
      • 5.7.1. Global Next Generation Biometric Market for Others, 2016-2025 (USD Million)
  •  
  • Chapter 6. Global Next Generation Biometric Market - Application Analysis
    • 6.1. Global Next Generation Biometric Market: Application overview
      • 6.1.1. Global Next Generation Biometric Market Share, by Application, 2018 and 2025
    • 6.2. Government
      • 6.2.1. Global Next Generation Biometric Market for Government, 2016-2025 (USD Million)
    • 6.3. Travel & Immigration
      • 6.3.1. Global Next Generation Biometric Market for Travel & Immigration, 2016-2025 (USD Million)
    • 6.4. Defense
      • 6.4.1. Global Next Generation Biometric Market for Defense, 2016-2025 (USD Million)
    • 6.5. Home Security
      • 6.5.1. Global Next Generation Biometric Market for Home Security, 2016-2025 (USD Million)
    • 6.6. Consumer Electronics
      • 6.6.1. Global Next Generation Biometric Market for Consumer Electronics, 2016-2025 (USD Million)
    • 6.7. Banking and Finance
      • 6.7.1. Global Next Generation Biometric Market for Banking and Finance, 2016-2025 (USD Million)
    • 6.8. Others
      • 6.8.1. Global Next Generation Biometric Market for Others, 2016-2025 (USD Million)
  •  
  • Chapter 7. Global Next Generation Biometric Market - Regional Analysis
    • 7.1. Global Next Generation Biometric Market: Regional overview
      • 7.1.1. Global Next Generation Biometric Market Share, by region, 2018 and 2025
    • 7.2. North America
      • 7.2.1. North America Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
      • 7.2.2. North America Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.2.3. The U.S.
        • 7.2.3.1. The U.S. Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.2.3.2. The U.S. Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.2.4. Rest of North America
        • 7.2.4.1. Rest of North America Next Generation Biometric Market Revenue, by Authentication Type,2016-2025 (USD Million)
        • 7.2.4.2. Rest of North America Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
      • 7.3.2. Europe Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.3.3. Germany
        • 7.3.3.1. Germany Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.3.3.2. Germany Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.3.4. The U.K.
        • 7.3.4.1. U.K. Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.3.4.2. U.K. Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.3.5.2. France Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.3.6. Rest of Europe
        • 7.3.6.1. Rest of Europe Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.3.6.2. Rest of Europe Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
      • 7.4.2. Asia Pacific Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.4.3. China
        • 7.4.3.1. China Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.4.3.2. China Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.4.4. Japan
        • 7.4.4.1. Japan Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.4.4.2. Japan Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.4.5.2. India Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.4.6. Rest of Asia Pacific
        • 7.4.6.1. Rest of Asia Pacific Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.4.6.2. Rest of Asia Pacific Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
      • 7.5.2. Latin America Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.5.3.2. Brazil Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
      • 7.5.4. Rest of Latin America
        • 7.5.4.1. Rest of Latin America Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
        • 7.5.4.2. Rest of Latin America Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa Next Generation Biometric Market Revenue, by Authentication Type, 2016-2025 (USD Million)
      • 7.6.2. The Middle East and Africa Next Generation Biometric Market Revenue, by Application, 2016-2025 (USD Million)
  •  
  • Chapter 8. Company Profile
    • 8.1. Cross Match Technologies
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Authentication Type Portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. 3M
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Authentication Type Portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Facebanx
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Authentication Type Portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Fujitsu
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Authentication Type Portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Fingerprint Cards
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Authentication Type Portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Fulcrum Biometrics
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Authentication Type Portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. RCG Holdings
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Authentication Type Portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. NCE Corporation
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Authentication Type Portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Safran
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Authentication Type Portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Siemens
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Authentication Type Portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

Methodology

Free Analysis

New generation biometrics fall under the category of newly introduced technology that is used to verify and authenticate the identity of individuals through certain biological and behavioral characteristics, such as fingerprints, facial expression, palm, voice, signature, eye, vein, iris, and DNA. Traditionally, identification documents and PIN were used to verify and confirm a person’s identity. But the introduction of the biometric system has made the verification of individuals for the purpose of security and safety easier and user-friendly in nature. The growing use of biometric technology is increasing worldwide due to the increasing number of crimes, security threats, terrorist activities, illegal ATM transactions, unauthorized infiltration across borders, etc. To solve all these criminal activities, biometric technology has been introduced. Biometric technology also offers several benefits to the users, such as a high degree of privacy, accuracy, uniformity across systems, interoperability, and ease of use.

The next generation biometric market is likely to grow owing to the increasing government initiatives for restricting illegal activities, growing e-passport programs, and rising number of terrorist and criminal activities that require a high level of security. Additionally, this market is also driven by numerous benefits offered by biometric technology and various technological advancement related to data security. Moreover, the penetration rate of smartphones with fingerprints, eye, or face recognition in the market is also another key growth driver factor for the next generation biometric market. However, the high cost of biometric systems and risk of privacy intrusion may hamper this market. Conversely, the growing use of biometric technology in cloud computing and e-commerce will offer new growth opportunities in the market.

Global Next Generation Biometric Market

The next generation biometric market is fragmented on the basis of authentication type and application. Based on authentication type the market is divided into iris recognition, palm print recognition, face recognition, signature recognition, fingerprint, and others. The fingerprint segment is expected to dominate the global market, owing to its wide application by various end-users. By application, the market is categorized into travel and immigration, government, consumer electronics, home security, banking and finance, defense, and others. The travel and immigration segment accounts for the largest market share and is expected to register the highest CAGR in the future.

North America dominated the next generation biometric market globally in 2018, due to various technological advancements, a growing number of IT companies, and the easy availability of skilled personnel for conducting the biometric verification. Europe held the second-largest share of the market for next generation biometric globally in 2018, due to the increasing regional awareness about data security and growing government funding for e-passport programs. The Asia Pacific next generation biometric market is likely to register the highest CAGR in the future, owing to the growing use of consumer electronics, increasing use of biometric technology in healthcare centers, and rising regional awareness about safety and security.

Some major players operating in the next generation biometric market are Cross Match Technologies, 3M, Facebanx, Fujitsu, Fingerprint Cards, Fulcrum Biometrics, RCG Holdings, NCE Corporation, Safran, and Siemens.

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