The global Biometric Technology market was valued at US$ 6130.8 million in 2022 and is projected to reach US$ 12350 million by 2030, at a CAGR of 10.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Biometrics technology is used for identification and authentication of individuals by measuring and analyzing their personal traits-fingerprints, iris, hand geometry, voice, face, vascular pattern, palm print, or behavioral characteristics-signature, typing pattern, gait. It is a major industry which forms a significant part of the biometric market. Report Sample includes: - Table of Contents - List of Tables & Figures - Charts - Research Methodology Get FREE Sample of this Report at
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This report aims to provide a comprehensive presentation of the global market for Biometric Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biometric Technology. This report contains market size and forecasts of Biometric Technology in global, including the following market information:
Global Biometric Technology Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
Biometric technology provides advanced methodology over traditional PIN based methods. This technology is used to secure the sensitive or personal data from fraudulent use of an individuals possessions, such as ATMs, smart cards, mobile phones or access to desktops, laptops, workstations, or networks by unique identification technique. It uses both physiological as well as psychological traits for identification that makes it beneficial in variety of crucial applications, such as national security, law enforcement, enterprise &e-governance, personal information & business transactions, and others. Biometric systems are designed with a storage component for biometric data samples of individuals and are linked to the information on their identity.
Traditional methods could be compromised; for instance, a PIN or password could be forgotten or a key could be lost, but biometric traits are difficult to steal or forget. Owing to its unique characteristics and high security, biometric technology is used in variety of applications in industries, such as defense, government, healthcare, banking & finance, transport & immigration, commercial security, non-commercial safety, and others (hospitality, gaming, automobile, retail).
We surveyed the Biometric Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biometric Technology Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Biometric Technology Market Segment Percentages, by Type, 2022 (%)
Based on physical characteristics
Based on behavioral characteristics
Global Biometric Technology Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Biometric Technology Market Segment Percentages, by Application, 2022 (%)
Public sector
Banking & financial sector
Healthcare
IT & telecommunication
Others (hospitality, retail, automotive)
Global Biometric Technology Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Biometric Technology Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biometric Technology revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Biometric Technology revenues share in global market, 2022 (%)
key players include:
3M Company (Cogent Systems, Inc.)
Fujitsu Frontech Limited
ImageWare Systems, Inc.
Suprema, Inc.
Safran S.A.
secunet Security Networks AG
Thales S.A.
BIO-key International, Inc.
NEC Corporation
Precise Biometrics
Chapter 1: Introduces the definition of Biometric Technology, market overview. Chapter 2: Global Biometric Technology market size in revenue. Chapter 3: Detailed analysis of Biometric Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 6: Sales of Biometric Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: The main points and conclusions of the report. Get the Complete Report & TOC at https://www.statsmarketresearch.com/global-biometric-technology-forecast-2023-2030-953-7768533 CONTACT US: 276 5th Avenue, New York , NY 10001,United States International: (+1) 646 781 7170 Follow Us On linkedin :- https://www.linkedin.com/company/24-market-reports
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