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Growth Opportunities in the Global Biometric System Market

March 2017 | 176 pages | ID: G8C59BAA35BEN
Lucintel

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The future of the global biometric system market looks promising with opportunities in the government, commercial, healthcare, and banking sector. The global biometric system market is expected to reach an estimated $32.4 billion by 2022 and it is forecast to grow at a CAGR of 15% from 2017 to 2022. The major growth drivers for this market are increasing focus of safety and security in private and business sectors related to unauthorized access, growth in the e-passport program for personal identification, and the growing adaption of voice recognition systems in the banking and financial services sector.

In this market, fingerprint, automated fingerprint identification system (AFIS), iris recognition, facial recognition, hand geometry, vein recognition, signature recognition, and voice recognition are the major biometric technologies used for identification and access control. Lucintel forecasts that AFIS is expected to remain the largest technology due to the increasing demand in various law enforcement and civil applications. The voice recognition technology segment is expected to experience the highest growth rate in the forecast period supported by increasing demand from the banking and finance sector in addition to the healthcare sector.

Within the biometric system market, government & law enforcement is expected to remain the largest segment due to the growing demand for biometric systems in defense sectors and homeland security. Lucintel predicts that the financial & banking sector is likely to experience the highest growth in the forecast period supported by increasing use of biometrics to enhance security and protect the financial information and identity of customers.

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market.

This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s challenging economy, you need every advantage that you can find.
1. EXECUTIVE SUMMARY

2. MARKET BACKGROUND AND CLASSIFICATION

2.1: Introduction, Background, and Classifications
2.2; Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS

3.1: Macroeconomic Trends and Forecast
3.2: Global Biometric System Market Trends and Forecast
3.3: Global Biometric System Market by Type
  3.3.1: Physiological System
  3.3.2: Behavioral System
3.4: Global Biometric System Market by Technology
  3.4.1: Fingerprint recognition
  3.4.2: Automated Fingerprint Identification System (AFIS)
  3.4.3: Iris Recognition
  3.4.4: Facial Recognition
  3.4.5: Hand Geometry
  3.4.6: Vein Recognition
  3.4.7: Signature Recognition
  3.4.8: Voice Recognition
  3.4.9: Other Technology
3.5: Global Biometric System Market by End Use Industry
  3.5.1: Government and Law Enforcement
  3.5.2: Commercial and Retail
  3.5.3: Healthcare
  3.5.4: Travel and Immigration
  3.5.5: Financial & Banking
  3.5.6: Others

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION

4.1: Global Biometric System Market by Region
4.2: North American Biometric System Market
  4.2.1: North American Market by Technology
  4.2.2: United States Biometrics System Market
  4.2.3: Canadian Biometric System Market
  4.2.4: Mexican Biometric System Market
4.3: European Biometric System Market
  4.3.1: European Market by Technology
  4.3.2: The Biometric System Market of the U.K.
  4.3.3: German Biometric System Market
  4.3.4: French Biometric System Market
4.4: APAC Biometric System Market
  4.4.1: APAC Market by Technology
  4.4.2: Chinese Biometric System Market
  4.4.3: Japanese Biometric System Market
  4.4.4: Indian Biometric System Market
4.5: ROW Biometric System Market
  4.5.1: ROW Market by Technology

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for Global Biometric System Market by Technology
  6.1.2: Growth Opportunities for Global Biometric System Market by End Use Industry
  6.1.3: Growth Opportunities for Global Biometric System Market by Region
6.2: Emerging Trends in the Global Biometric System Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Business Expansion of the Global Biometric System Market
  6.3.3: Contract
  6.3.4: Mergers, Acquisitions, Partnership, and Joint Ventures in the Global Biometric System Market

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: 3M Cogent, Inc.
7.2: Safran (Morpho)
7.3: Fujitsu Frontech Limited
7.4: Cross Match Technologies
7.5: Hid Global
7.6: NEC Corporation
7.7: Thales Group
7.8: Bio-Key, International Inc.
7.9: Precise Biometrics AB.
7.10: Suprema Inc.
7.11: IriTech, Inc.

LIST OF FIGURES

CHAPTER 2. MARKET BACKGROUND AND CLASSIFICATION

Figure 2.1: Enrollment Process of Biometric Systems
Figure 2.2: Verification Process of Biometric Systems
Figure 2.3: Market Segmentation of Biometric Systems
Figure 2.4: Supply Chain of the Global Biometrics System Market
Figure 2.5: Major Drivers and Challenges for the Global Biometrics System Market

CHAPTER 3. MARKET TRENDS AND FORECAST ANALYSIS

Figure 3.1: Trends of the Global GDP Growth Rate
Figure 3.2: Trends of the Global Population Growth Rate
Figure 3.3: Trends of the Global Inflation Rate
Figure 3.4: Trends of the Global Unemployment Rate
Figure 3.5: Trends of the Regional GDP Growth Rate
Figure 3.6: Trends of the Regional Population Growth Rate
Figure 3.7: Trends of the Regional Inflation Rate
Figure 3.8: Trends of the Regional Unemployment Rate
Figure 3.9: Regional Per Capita Income Trends
Figure 3.10: Forecast for the Global GDP Growth Rate
Figure 3.11: Forecast for the Global Population Growth Rate
Figure 3.12: Forecast for the Global Inflation Rate
Figure 3.13: Forecast for the Global Unemployment Rate
Figure 3.14: Forecast for the Regional GDP Growth Rate
Figure 3.15: Forecast for the Regional Population Growth Rate
Figure 3.16: Forecast for the Regional Inflation Rate
Figure 3.17: Forecast for the Regional Unemployment Rate
Figure 3.18: Forecast for Regional Per Capita Income
Figure 3.19: Trends and Forecast for the Global Biometric System Market (2011-2022)
Figure 3.20: Trends of the Global Biometric System Market ($M) by Type (2011-2016)
Figure 3.21: Forecast for the Global Biometric System Market ($M) by Type (2017-2022)
Figure 3.22: Trends and Forecast for the Physiological Biometric System Market ($M) (2011-2022)
Figure 3.23: Trends and Forecast for the Behavioral Biometric System Market ($M) (2011-2022)
Figure 3.24: Trends of the Global Biometric System Market ($M) by Technology (2011-2016)
Figure 3.25: Forecast for the Global Biometric System Market ($M) by Technology (2011-2016)
Figure 3.26: Trends of the Fingerprint Biometric System Market ($M) by Region (2011-2016)
Figure 3.27: Forecast for the Fingerprint Biometric System Market ($M) by Region (2017-2022)
Figure 3.28: Trend for the AFIS Biometric System Market ($M) by Region (2011-2016)
Figure 3.29: Forecast for the AFIS Biometric System Market ($M) by Region (2017-2022)
Figure 3.30: Trend of Iris Recognition Market ($M) by Region (2011-2016)
Figure 3.31: Forecast for Iris Recognition Market ($M) by Region (2017-2022)
Figure 3.32: Trends of Facial Recognition Market ($M) by Region (2011-2016)
Figure 3.33: Forecast for Facial Recognition Market ($M) by Region (2017-2022)
Figure 3.34: Trends of Hand Geometry Market ($M) by Region (2011-2016)
Figure 3.35: Forecast for Hand Geometry Market ($M) by Region (2017-2022)
Figure 3.36: Trends of Vein Recognition Market ($M) by Region (2011-2016)
Figure 3.37: Forecast for Vein Recognition Market ($M) by Region (2017-2022)
Figure 3.38: Trends of Signature Recognition Market ($M) by Region (2011-2016)
Figure 3.39: Forecast for Signature Recognition Market ($M) by Region (2017-2022)
Figure 3.40: Trends of Voice Recognition Market ($M) by Region (2011-2016)
Figure 3.41: Forecast for Voice Recognition Market ($M) by Region (2017-2022)
Figure 3.42: Trends of the Other Technology Market ($M) by Region (2011-2016)
Figure 3.43: Forecast for the Other Technology Market ($M) by Region (2017-2022)
Figure 3.44: Trends of the Global Biometric System Market ($M) by End Use (2011-2016)
Figure 3.45: Forecast for the Global Biometric System Market ($M) by End Use (2017-2022)
Figure 3.46: Trends and Forecast for the Global Biometric System Market ($M) for Government and Law Enforcement (2011-2022)
Figure 3.47: Trends and Forecast for the Global Biometric System Market ($M) for Commercial and Retail (2011-2022)
Figure 3.48: Trends and Forecast for the Global Biometric System Market ($M) for Healthcare (2011-2022)
Figure 3.49: Trends and Forecast for the Global Biometric System Market ($M) for Travel and Immigration (2011-2022)
Figure 3.50: Trends and Forecast for the Global Biometric System Market ($M) for Financial and Banking (2011-2022)
Figure 3.51: Trends and Forecast for the Global Biometric System Market ($M) for Other End Use Industry (2011-2022)

CHAPTER 4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION

Figure 4.1: Trends of the Global Biometric System Market ($M) by Region (2011-2016)
Figure 4.2: Forecast for the Global Biometric System Market ($M) by Region (2017-2022)
Figure 4.3: Trends and Forecast for the North American Biometric System Market ($M) (2011-2022)
Figure 4.4: Trends of the North American Biometric System Market ($M) by Technology (2011-2016)
Figure 4.5: Forecast for the North American Biometric System Market ($M) by Technology (2017-2022)
Figure 4.6: Trends and Forecast for the United States Biometric System Market ($M) (2011-2021)
Figure 4.7: Trends and Forecast for the Canadian Biometric System Market ($M) (2011-2021)
Figure 4.8: Trends and Forecast for the Mexican Biometric System Market ($M) (2011-2021)
Figure 4.9: Trends and Forecast for the European Biometric System Market ($M) (2011-2021)
Figure 4.10: Trends of the European Biometric System Market ($M) (2011-2021)
Figure 4.11: Forecast for the European Biometric System Market ($M) (2017-2022)
Figure 4.12: Trends and Forecast for the U.K. Biometric System Market ($M) (2011-2022)
Figure 4.13: Trends and Forecast for the German Biometric System Market ($M) (2011-2022)
Figure 4.14: Trends and Forecast for the French Biometric System Market ($M) (2011-2022)
Figure 4.15: Trends and Forecast for the APAC Biometric System Market ($M) (2011-2022)
Figure 4.16: Trends of the APAC Biometric System Market by Technology ($M) (2011-2016)
Figure 4.17: Forecast for the APAC Biometric System Market by Technology ($M) (2017-2022)
Figure 4.18: Trend and Forecast for the China Biometric System Market ($M) (2017-2022)
Figure 4.19: Trend and Forecast for the Japanese Biometric System Market ($M) (2017-2022)
Figure 4.20: Trend and Forecast for the Indian Biometric System Market ($M) (2017-2022)
Figure 4.21: Trend and Forecast for the ROW Biometric System Market ($M) (2017-2022)
Figure 4.22: Trends of the ROW Biometric System Market ($M) by Technology (2011-2016)
Figure 4.23: Forecast for the ROW Biometric System Market ($M) by Technology (2017-2022)

CHAPTER 5. COMPETITOR ANALYSIS

Figure 5.1: Locations of Major Biometric System Suppliers
Figure 5.2: Porter’s Five Forces Industry Analysis for Global Biometric System Industry

CHAPTER 6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

Figure 6.1: Growth Opportunities for the Global Biometric System Market by Technology (2022)
Figure 6.2: Growth Opportunities for the Global Biometric System Market by End Use Industry (2022)
Figure 6.3: Growth Opportunities for the Global Biometric System Market by Region (2022)
Figure 6.4: Emerging Trends of the Global Biometric System Industry
Figure 6.5: Strategic Initiatives by Major Competitors in the Global Biometric System Market (2014-2016)
Figure 6.6: Major Capacity Expansions in the Global Biometric System Market (2016)

LIST OF TABLES

CHAPTER 1. EXECUTIVE SUMMARY

Table 1.1: Global Biometric System Market Parameters and Attributes

CHAPTER 3. MARKET TRENDS AND FORECAST ANALYSIS

Table 3.1: Market Trends for the Global Biometric System Market (2011-2016)
Table 3.2: Market Forecast for the Global Biometric System Market (2017-2022)
Table 3.3: Market Size and CAGR of Various Types of Biometric System Markets (2011-2016)
Table 3.4: Market Size and CAGR of Various Types of Biometric System Markets (2017–2022)
Table 3.5: Market Trends for Global Physiological Biometric System Market (2011-2016)
Table 3.6: Market Forecast for the Global Physiological Biometric System Market (2017-2022)
Table 3.7: Market Trends for Global Behavioral Biometric System Market (2011-2016)
Table 3.8: Market Forecast for the Global Behavioral Biometric System Market (2017-2022)
Table 3.9: Market Size and CAGR of Biometric System Market by Technology (2011-2016)
Table 3.10: Market Size and CAGR of Biometric System Market by Technology (2017–2022)
Table 3.11: Market Size and CAGR of Various Regions of Fingerprint Technology in the Global Biometric System Market (2011-2016)
Table 3.12: Market Size and CAGR of Various Regions of Fingerprint Technology in the Global Biometric System Market (2017-2022)
Table 3.13: Market Size and CAGR of Various Regions of AFIS Technology in the Global Biometric System Market (2011-2016)
Table 3.14: Market Size and CAGR of Various Regions of AFIS Technology in the Global Biometric System Market (2017-2022)
Table 3.15: Market Size and CAGR of Various Regions of Iris Recognition in the Global Biometric System Market (2011-2016)
Table 3.16: Market Size and CAGR of Various Regions of Iris Recognition in the Global Biometric System Market (2017-2022)
Table 3.17: Market Size and CAGR of Various Regions of Facial Recognition in the Global Biometric System Market (2011-2016)
Table 3.18: Market Size and CAGR of Various Regions of Facial Recognition in the Global Biometric System Market (2017-2022)
Table 3.19: Market Size and CAGR of Various Regions of Hand Geometry in the Global Biometric System Market (2011-2016)
Table 3.20: Market Size and CAGR of Various Regions of Hand Geometry in the Global Biometric System Market (2017-2022)
Table 3.21: Market Size and CAGR of Various Regions of Vein Recognition in the Global Biometric System Market (2011-2016)
Table 3.22: Market Size and CAGR of Various Regions of Vein Recognition in the Global Biometric System Market (2017-2022)
Table 3.23: Market Size and CAGR of Various Regions of Signature Recognition in the Global Biometric System Market (2011-2016)
Table 3.24: Market Size and CAGR of Various Regions of Signature Recognition in the Global Biometric System Market (2017-2022)
Table 3.25: Market Size and CAGR of Various Regions of Voice Recognition in the Global Biometric System Market (2011-2016)
Table 3.26: Market Size and CAGR of Various Regions of Voice Recognition in the Global Biometric System Market (2017-2022)
Table 3.27: Market Size and CAGR of Various Regions of Other Technology in the Global Biometric System Market (2011-2016)
Table 3.28: Market Size and CAGR of Various Regions of Other Technology in the Global Biometric System Market (2017-2022)
Table 3.29: Market Size and CAGR of Various End Use Industries of the Biometric System Market (2011-2016)
Table 3.30: Market Size and CAGR of Various End Use Industry of the Biometric System Market (2017– 2022)
Table 3.31: Market Trends of the Government and Law Enforcement in the Global Biometric System Market (2011-2016)
Table 3.32: Market Forecast for the Government and Law Enforcement in the Global Biometric System Market (2017-2022)
Table 3.33: Market Trends of the Commercial and Retail Market in the Global Biometric System Market (2011-2016)
Table 3.34: Market Forecast for the Commercial and Retail Market in the Global Biometric System Market (2017-2022)
Table 3.35: Market Trends of Healthcare in the Global the Biometric System Market (2011-2016)
Table 3.36: Market Forecast for the Healthcare in the Global Biometric System Market (2017-2022)
Table 3.37: Market Trends of the Travel and Immigration in the Global Biometric System Market (2011-2016)
Table 3.38: Market Forecast for the Travel and Immigration in the Global Biometric System Market (2017-2022)
Table 3.39: Market Trends of Financial and Banking in the Global Biometric System Market (2011-2016)
Table 3.40: Market Forecast for the Financial and Banking in the Global Biometric System Market (2017-2022)
Table 3.41: Market Trends of Other in the Global Biometric System Market (2011-2016)
Table 3.42: Market Forecast for Other in the Global Biometric System Market (2017-2022)

CHAPTER 4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION

Table 4.1: Market Size and CAGR of Various Regions of the Global Biometric System Market by Value (2011-2016)
Table 4.2: Market Size and CAGR of Various Regions of the Global Biometric System Market by Value (2017-2022)
Table 4.3: Market Trends (2011-2016) for the North American Biometric System Market
Table 4.4: Market Forecast (2017-2022) for the North American Biometric System Market
Table 4.5: Market Size and CAGR of Various Technologies of the North American Biometric System Market (2011-2016)
Table 4.6: Market Size and CAGR of Various Technologies of the North American Biometric System Market (2017-2022)
Table 4.7: Market Trends (2011-2016) for the European Biometric System Market
Table 4.8: Market Forecast (2017-2022) for the European Biometric System Market
Table 4.9: Market Size and CAGR of Various Technologies of the European Biometric System Market (2011-2016)
Table 4.10: Market Size and CAGR of Various Technologies of the European Biometric System Market (2017-2022)
Table 4.11: Market Trends (2011-2016) for the APAC Biometric System Market
Table 4.12: Market Forecast (2017-2022) for the APAC Biometric System Market
Table 4.13: Market Size and CAGR of Various Technologies of the APAC Biometric System Market (2011-2016)
Table 4.14: Market Size and CAGR of Various Technologies of the APAC Biometric System Market (2017-2022)
Table 4.15: Market Trends (2011-2016) for the ROW Biometric System Market
Table 4.16: Market Forecast (2017-2022) for the APAC Biometric System Market
Table 4.17: Market Size and CAGR of Various Technologies of the ROW Biometric System Market (2011-2016)
Table 4.18: Market Size and CAGR of Various Technologies of the ROW Biometric System Market (2017-2022)

CHAPTER 5. COMPETITOR ANALYSIS

Table 5.1: Product Mapping of Biometric System Based on Technology Served

CHAPTER 6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

Table 6.1: New Product Launches by Major Biometric System Producers from 2014 to 2016
Table 6.2: Contracts by Major Biometric System Producers in 2014 to 2016


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