Biometric System Industry Key Players NEC Corporation, Gemalto NV, ASSA Abloy AB, id3 Technologies, and Idemia
The Global Biometric System Market is estimated to reach USD 66.4 Billion in 2024 at a CAGR of 15.6%. Increasing adoption of creating biometric identities of citizens is expected to drive the biometric system market during the forecast period. However, high implementation and maintenance cost is expected to restrain the market during the forecast period. Ear shape thermography based biometric system is expected to become an opportunity for biometric system market.
Biometric systemic one of the most prominent system in terms of identifying and authenticating the individuals in very short period. Biometric systems depend on particular data about unique biological traits in order to work effectively. Contrary to passwords biometric data cannot be exchanged or forged. Some key players in Biometric System are NEC Corporation, Gemalto NV, ASSA Abloy AB, id3 Technologies, and Idemia, among others.
Biometrics System Market Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global biometric system market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of type, the market is segmented into unimodal and multimodal. By biometric sensor, the biometric system market is segmented into physiological and behavioral. By component, biometric system market is segmented into hardware and software. By end use industry, biometric system market is segmented into law enforcement and public security, military and defense, civil identification, healthcare and subsidies, corporate, and commercial applications.
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Biometrics System Market Report Scope
The report on the biometric system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2019–2024 (2019 estimated year, forecasted up to 2024)
Value (USD Million)
Type, Biometric Sensor, Component, End use Industry
Asia-Pacific, North America, Europe, Middle East & Africa, South America
· NEC Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
· Gemalto NV
· ASSA Abloy AB
· id3 Technologies
· Aware, Inc.
· Stanley Black & Decker, Inc.
· Precise Biometrics
· Other Key Companies
Biometric System Market report segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Biometric System Market by Type
Biometric System Market, by Biometric Sensor
· Fingerprint Recognition
· Face Recognition
· Iris Recognition
· DNA Matching
· Vein Pattern Recognition
· Voice Recognition
· Signature Recognition
Biometric System Market by Component
· Cloud Base
· Software Development Kit (SDK)
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Biometric System Market by End Use Industry
· Law Enforcement and Public Security
· Military and Defense
· Civil Identification
· Healthcare and Subsidies
· Commercial Applications
Biometric System Market by Region
· South Korea
· Rest of Asia-Pacific
· The Netherlands
· Rest of Europe
Middle East and Africa
· Saudi Arabia
· Rest of Middle East & Africa
· Rest of South America
Key Questions answered by the report
· What are the major developments impacting the biometric system market and its growth?
· What will be the effects of the developments in the biometric system market on the industry and on the market players in the near and far future?
· What are the evolving types of the biometric system market?
· What are the evolving applications of biometric system market?
· What are the major characteristics that will affect the biometric system market growth during the study period?
· Who are the key players operating in the biometric system market?
· How are the major players leveraging in the existing market conditions?
· Biometric System Market Providers
· Biometric System Market Solution and Services Suppliers, Distributors and Dealers
· End-Users of Varied Segments of Biometric System Market
· Government Bodies and Intellectual Institutions
· Associations and Industrial Organizations
· Research & Consulting Service Providers
· Research & Development Organizations
· Investment Banks & Private Equity Firms
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About Forencis Research
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