Biometric Card Market: By Application (Payments, Access Control, Government ID and Financial Inclusion, Other Applications), By End-User (BFSI, Retail, Government, Healthcare, Commercial Entities, Others) And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031
Biometric Card Market: By Application (Payments, Access Control, Government ID and Financial Inclusion, Other Applications), By End-User (BFSI, Retail, Government, Healthcare, Commercial Entities, Others) And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031
PRODUCT OVERVIEW
Global Biometric Cards are a type of identification that recognizes and analyses a person's physical and behavioral characteristics. Fingerprints, retina and iris scanning, speech recognition, facial patterns, and bodily movement, including gait, are all examples of this. This card is a sort of identification card that employs biometric analysis to identify a person. They come in a variety of shapes and sizes, but the most common and popular are those with an internal memory processor or those that use a memory chip. Direct physical contact with a scanner, where you swipe your card, or a remote, electromagnetic interface connects the cards.
MARKET HIGHLIGHTS
The global Biometric Card Market is expected to register a notable CAGR of 26.1% by 2031
Global Biometric Card Market to surpass USD 116.4 billion by 2031 from USD 11.4 billion in 2021 at a CAGR of 26.1% in the coming years, i.e., 2021-2031. The market is primarily driven by factors such as rising contactless payment systems in both established and emerging nations, increased usage convenience, and rapid technological improvements. Furthermore, the market will increase at a substantial rate during the forecast period due to the rising use of smartphones for shopping in developed regions, the growing requirement for secure data transactions, and the increasing use of biometric cards for payment applications.
GLOBAL BIOMETRIC CARD MARKET: SEGMENTS
Payment segment to grow with the highest CAGR during 2021-31
Based on Application, the Global Biometric Card Market is fragmented into Payments, Access Control, Government ID and Financial Inclusion, and Other Applications. Over the projection period, the payments section is expected to develop faster. In the financial services industry, biometric technology is gaining traction as a secure and convenient alternative to passwords and PINs. This technology is rapidly growing as it holds the ability to make consumers' life easier to manage by giving them more options for confirming their identity.
BFSI segment is anticipated to lead the market with the highest CAGR during 2021-31
By End-user, the Global Biometric Card Market is divided into BFSI, Retail, Government, Healthcare, Commercial Entities, and Others. Even before the COVID-19 epidemic, the financial services business was changing at a rapid rate. Changing client expectations, more competition from new entrants, technological developments, and developing legislation all contributed to this expansion.
MARKET DYNAMICS
Drivers
Speedy proliferation of the internet and increasing use of digital payments
Growing use of fingerprint sensor technology in smartphones
Restraint
The high cost associated with implementing
GLOBAL BIOMETRIC CARD MARKET:
Key Players
GLOBAL BIOMETRIC CARD MARKET REPORT ALSO CONTAINS AN ANALYSIS ON:
Global Biometric Card Market Segments:
PRODUCT OVERVIEW
Global Biometric Cards are a type of identification that recognizes and analyses a person's physical and behavioral characteristics. Fingerprints, retina and iris scanning, speech recognition, facial patterns, and bodily movement, including gait, are all examples of this. This card is a sort of identification card that employs biometric analysis to identify a person. They come in a variety of shapes and sizes, but the most common and popular are those with an internal memory processor or those that use a memory chip. Direct physical contact with a scanner, where you swipe your card, or a remote, electromagnetic interface connects the cards.
MARKET HIGHLIGHTS
The global Biometric Card Market is expected to register a notable CAGR of 26.1% by 2031
Global Biometric Card Market to surpass USD 116.4 billion by 2031 from USD 11.4 billion in 2021 at a CAGR of 26.1% in the coming years, i.e., 2021-2031. The market is primarily driven by factors such as rising contactless payment systems in both established and emerging nations, increased usage convenience, and rapid technological improvements. Furthermore, the market will increase at a substantial rate during the forecast period due to the rising use of smartphones for shopping in developed regions, the growing requirement for secure data transactions, and the increasing use of biometric cards for payment applications.
GLOBAL BIOMETRIC CARD MARKET: SEGMENTS
Payment segment to grow with the highest CAGR during 2021-31
Based on Application, the Global Biometric Card Market is fragmented into Payments, Access Control, Government ID and Financial Inclusion, and Other Applications. Over the projection period, the payments section is expected to develop faster. In the financial services industry, biometric technology is gaining traction as a secure and convenient alternative to passwords and PINs. This technology is rapidly growing as it holds the ability to make consumers' life easier to manage by giving them more options for confirming their identity.
BFSI segment is anticipated to lead the market with the highest CAGR during 2021-31
By End-user, the Global Biometric Card Market is divided into BFSI, Retail, Government, Healthcare, Commercial Entities, and Others. Even before the COVID-19 epidemic, the financial services business was changing at a rapid rate. Changing client expectations, more competition from new entrants, technological developments, and developing legislation all contributed to this expansion.
MARKET DYNAMICS
Drivers
Speedy proliferation of the internet and increasing use of digital payments
Growing use of fingerprint sensor technology in smartphones
Restraint
The high cost associated with implementing
GLOBAL BIOMETRIC CARD MARKET:
Key Players
- Card Tech
- Fingerprints
- Gemalto
- ABCorp
- IDEMIA
- IDEX Biometrics
- KONA I
- Jinco Universal
- Korea Smart ID
- Linxens
- Card Tech
- MoriX Co
GLOBAL BIOMETRIC CARD MARKET REPORT ALSO CONTAINS AN ANALYSIS ON:
Global Biometric Card Market Segments:
- By Application
- Payments
- Access Control
- Government ID and Financial Inclusion
- Other Applications
- By End-User
- BFSI
- Retail
- Government
- Healthcare
- Commercial Entities
- Others
- Global Biometric Card Market Dynamics
- Global Biometric Card Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2. Business Trends
1.3. Global Biometric Card Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Global Biometric Card Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 GLOBAL BIOMETRIC CARD MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 MACROECONOMIC INDICATORS
6 RECENT DEVELOPMENTS
7 MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 RISK ANALYSIS
9 MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 GLOBAL BIOMETRIC CARD MARKET
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 GLOBAL BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Application
11.3.1.1. Payments
11.3.1.1.1. By Value (USD Million) 2021-2031F
11.3.1.1.2. Market Share (%) 2021-2031F
11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.2. Access Control
11.3.1.2.1. By Value (USD Million) 2021-2031F
11.3.1.2.2. Market Share (%) 2021-2031F
11.3.1.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.3. Government ID and Financial Inclusion
11.3.1.3.1. By Value (USD Million) 2021-2031F
11.3.1.3.2. Market Share (%) 2021-2031F
11.3.1.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.4. Other Applications
11.3.1.4.1. By Value (USD Million) 2021-2031F
11.3.1.4.2. Market Share (%) 2021-2031F
11.3.1.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2. By End User
11.3.2.1. BFSI
11.3.2.1.1. By Value (USD Million) 2021-2031F
11.3.2.1.2. Market Share (%) 2021-2031F
11.3.2.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.2. Retail
11.3.2.2.1. By Value (USD Million) 2021-2031F
11.3.2.2.2. Market Share (%) 2021-2031F
11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.3. Government
11.3.2.3.1. By Value (USD Million) 2021-2031F
11.3.2.3.2. Market Share (%) 2021-2031F
11.3.2.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.4. Healthcare
11.3.2.4.1. By Value (USD Million) 2021-2031F
11.3.2.4.2. Market Share (%) 2021-2031F
11.3.2.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.5. Commercial Entities
11.3.2.5.1. By Value (USD Million) 2021-2031F
11.3.2.5.2. Market Share (%) 2021-2031F
11.3.2.5.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.6. Others
11.3.2.6.1. By Value (USD Million) 2021-2031F
11.3.2.6.2. Market Share (%) 2021-2031F
11.3.2.6.3. Y-o-Y Growth (%) 2021-2031F
12 NORTH AMERICA BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Application
12.3.2. By End User
12.4. Country
12.4.1. United States
12.4.2. Canada
13 EUROPE BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Application
13.3.2. By End User
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 ASIA BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Application
14.3.2. By End User
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 MIDDLE EAST AND AFRICA BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Application
15.3.2. By End User
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 LATIN AMERICA BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Application
16.3.2. By End User
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 COMPANY PROFILES
18.1. Card Tech
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Fingerprints
18.3. Gemalto
18.4. ABCorp
18.5. IDEMIA
18.6. IDEX Biometrics
18.7. KONA I
18.8. Jinco Universal
18.9. Korea Smart ID
18.10. Linxens
18.11. Card Tech
18.12. MoriX Co
18.13. Other Prominent Players
19 APPENDIX
20 CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2. Business Trends
1.3. Global Biometric Card Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Global Biometric Card Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 GLOBAL BIOMETRIC CARD MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 MACROECONOMIC INDICATORS
6 RECENT DEVELOPMENTS
7 MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 RISK ANALYSIS
9 MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 GLOBAL BIOMETRIC CARD MARKET
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 GLOBAL BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Application
11.3.1.1. Payments
11.3.1.1.1. By Value (USD Million) 2021-2031F
11.3.1.1.2. Market Share (%) 2021-2031F
11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.2. Access Control
11.3.1.2.1. By Value (USD Million) 2021-2031F
11.3.1.2.2. Market Share (%) 2021-2031F
11.3.1.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.3. Government ID and Financial Inclusion
11.3.1.3.1. By Value (USD Million) 2021-2031F
11.3.1.3.2. Market Share (%) 2021-2031F
11.3.1.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.4. Other Applications
11.3.1.4.1. By Value (USD Million) 2021-2031F
11.3.1.4.2. Market Share (%) 2021-2031F
11.3.1.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2. By End User
11.3.2.1. BFSI
11.3.2.1.1. By Value (USD Million) 2021-2031F
11.3.2.1.2. Market Share (%) 2021-2031F
11.3.2.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.2. Retail
11.3.2.2.1. By Value (USD Million) 2021-2031F
11.3.2.2.2. Market Share (%) 2021-2031F
11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.3. Government
11.3.2.3.1. By Value (USD Million) 2021-2031F
11.3.2.3.2. Market Share (%) 2021-2031F
11.3.2.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.4. Healthcare
11.3.2.4.1. By Value (USD Million) 2021-2031F
11.3.2.4.2. Market Share (%) 2021-2031F
11.3.2.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.5. Commercial Entities
11.3.2.5.1. By Value (USD Million) 2021-2031F
11.3.2.5.2. Market Share (%) 2021-2031F
11.3.2.5.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.6. Others
11.3.2.6.1. By Value (USD Million) 2021-2031F
11.3.2.6.2. Market Share (%) 2021-2031F
11.3.2.6.3. Y-o-Y Growth (%) 2021-2031F
12 NORTH AMERICA BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Application
12.3.2. By End User
12.4. Country
12.4.1. United States
12.4.2. Canada
13 EUROPE BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Application
13.3.2. By End User
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 ASIA BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Application
14.3.2. By End User
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 MIDDLE EAST AND AFRICA BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Application
15.3.2. By End User
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 LATIN AMERICA BIOMETRIC CARD MARKET SIZE & FORECAST 2021A-2031F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Application
16.3.2. By End User
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 COMPANY PROFILES
18.1. Card Tech
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Fingerprints
18.3. Gemalto
18.4. ABCorp
18.5. IDEMIA
18.6. IDEX Biometrics
18.7. KONA I
18.8. Jinco Universal
18.9. Korea Smart ID
18.10. Linxens
18.11. Card Tech
18.12. MoriX Co
18.13. Other Prominent Players
19 APPENDIX
20 CONSULTANT RECOMMENDATION
