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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

May 2023 | 324 pages | ID: B30DEF57B169EN
Fatpos Global

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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
  • Card Tech
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
  • 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
Reasons to Purchase this Report
  • 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


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