Biometrics Technologies Market Scope And Analysis

Report Code : TIPTE100000207
Category : Electronics and Semiconductor

Status : Published
No. of Pages : 206

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Biometric Technologies Market Analysis, Trends, and Scope 2023 to 2030

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Biometric Technologies Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 37.85 Billion
Market Size by 2030	US$ 118.35 Billion
Global CAGR (2022 - 2030)	15.3%
Historical Data	2020-2021
Forecast period	2023-2031
Segments Covered	By Component Hardware Software Services By Type Contact Contactless Hybrid By Authentication Type Single Factor Authentication and Multi-factor Authentication By End User Government BFSI Healthcare Defense and Security
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Aware Inc Thales SA Cognitec Systems GmbH NEC Corp IDEMIA France SAS HID Global Corp Fujitsu Ltd Leidos Holdings Inc M2SYS Technology Precise Biometrics AB

Biometric Technologies Market News and Recent Developments

The biometric technologies market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the biometric technologies market are listed below:

NEC and Mastercard collaborated to make progress in in-store biometric payments. The partnership executed NEC's face recognition and liveness verification technology, Mastercard's payment enablement, and an enhanced user experience to drive global scalability through a signed Memorandum of Understanding. (Source: NEC Corp, Press Release, November 2023)
IDEMIA collaborated with Federal Bank Limited in India to enhance their existing access control and personnel management systems with contactless biometric access control. This solution, built on IDEMIA's SmartBio SDK, uses facial and iris verification to verify personnel for attendance and access to the Core Banking System. (Source: IDEMIA, Press Release, February 2021)

Biometric Technologies Market Report Coverage and Deliverables

The “Biometric Technologies Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:

Biometric technologies market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Biometric technologies market trends, as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST/Porter’s Five Forces and SWOT analysis
Biometric technologies market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the biometric technologies market
Detailed company profiles