Abstract
Summary
LPI (LP Information)' newest research report, the “Biometric Recognition Industry Forecast” looks at past sales and reviews total world Biometric Recognition sales in 2022, providing a comprehensive analysis by region and market sector of projected Biometric Recognition sales for 2023 through 2029. With Biometric Recognition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biometric Recognition industry.
This Insight Report provides a comprehensive analysis of the global Biometric Recognition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biometric Recognition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biometric Recognition market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biometric Recognition and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biometric Recognition.
The global Biometric Recognition market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Biometric Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Biometric Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Biometric Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Biometric Recognition players cover IDEMIA, Thales, ASSA ABLOY, NEC, Fujitsu, Stanley Black & Decker, OneSpan, secunet AG and SpeechPro, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Biometric Recognition market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Iris Recognition
Fingerprint Recognition
Facial Recognition
Others
Segmentation by application
Government
Banking and Finance
Commercial Application
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IDEMIA
Thales
ASSA ABLOY
NEC
Fujitsu
Stanley Black & Decker
OneSpan
secunet AG
SpeechPro
Dermalog
Suprema
Securiport
Facebanx
Fulcrum Biometrics
M2SYS Technology
Aware
Daon
Ayonix Face Technologies
Cognitec Systems
This Insight Report provides a comprehensive analysis of the global Biometric Recognition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biometric Recognition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biometric Recognition market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biometric Recognition and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biometric Recognition.
The global Biometric Recognition market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Biometric Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Biometric Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Biometric Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Biometric Recognition players cover IDEMIA, Thales, ASSA ABLOY, NEC, Fujitsu, Stanley Black & Decker, OneSpan, secunet AG and SpeechPro, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Biometric Recognition market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Iris Recognition
Fingerprint Recognition
Facial Recognition
Others
Segmentation by application
Government
Banking and Finance
Commercial Application
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IDEMIA
Thales
ASSA ABLOY
NEC
Fujitsu
Stanley Black & Decker
OneSpan
secunet AG
SpeechPro
Dermalog
Suprema
Securiport
Facebanx
Fulcrum Biometrics
M2SYS Technology
Aware
Daon
Ayonix Face Technologies
Cognitec Systems
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Biometric Recognition Market Size 2018-2029
2.1.2 Biometric Recognition Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Biometric Recognition Segment by Type
2.2.1 Iris Recognition
2.2.2 Fingerprint Recognition
2.2.3 Facial Recognition
2.2.4 Others
2.3 Biometric Recognition Market Size by Type
2.3.1 Biometric Recognition Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Biometric Recognition Market Size Market Share by Type (2018-2023)
2.4 Biometric Recognition Segment by Application
2.4.1 Government
2.4.2 Banking and Finance
2.4.3 Commercial Application
2.5 Biometric Recognition Market Size by Application
2.5.1 Biometric Recognition Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Biometric Recognition Market Size Market Share by Application (2018-2023)
3 Biometric Recognition Market Size by Player
3.1 Biometric Recognition Market Size Market Share by Players
3.1.1 Global Biometric Recognition Revenue by Players (2018-2023)
3.1.2 Global Biometric Recognition Revenue Market Share by Players (2018-2023)
3.2 Global Biometric Recognition Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Biometric Recognition by Regions
4.1 Biometric Recognition Market Size by Regions (2018-2023)
4.2 Americas Biometric Recognition Market Size Growth (2018-2023)
4.3 APAC Biometric Recognition Market Size Growth (2018-2023)
4.4 Europe Biometric Recognition Market Size Growth (2018-2023)
4.5 Middle East & Africa Biometric Recognition Market Size Growth (2018-2023)
5 Americas
5.1 Americas Biometric Recognition Market Size by Country (2018-2023)
5.2 Americas Biometric Recognition Market Size by Type (2018-2023)
5.3 Americas Biometric Recognition Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Biometric Recognition Market Size by Region (2018-2023)
6.2 APAC Biometric Recognition Market Size by Type (2018-2023)
6.3 APAC Biometric Recognition Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Biometric Recognition by Country (2018-2023)
7.2 Europe Biometric Recognition Market Size by Type (2018-2023)
7.3 Europe Biometric Recognition Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Biometric Recognition by Region (2018-2023)
8.2 Middle East & Africa Biometric Recognition Market Size by Type (2018-2023)
8.3 Middle East & Africa Biometric Recognition Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Biometric Recognition Market Forecast
10.1 Global Biometric Recognition Forecast by Regions (2024-2029)
10.1.1 Global Biometric Recognition Forecast by Regions (2024-2029)
10.1.2 Americas Biometric Recognition Forecast
10.1.3 APAC Biometric Recognition Forecast
10.1.4 Europe Biometric Recognition Forecast
10.1.5 Middle East & Africa Biometric Recognition Forecast
10.2 Americas Biometric Recognition Forecast by Country (2024-2029)
10.2.1 United States Biometric Recognition Market Forecast
10.2.2 Canada Biometric Recognition Market Forecast
10.2.3 Mexico Biometric Recognition Market Forecast
10.2.4 Brazil Biometric Recognition Market Forecast
10.3 APAC Biometric Recognition Forecast by Region (2024-2029)
10.3.1 China Biometric Recognition Market Forecast
10.3.2 Japan Biometric Recognition Market Forecast
10.3.3 Korea Biometric Recognition Market Forecast
10.3.4 Southeast Asia Biometric Recognition Market Forecast
10.3.5 India Biometric Recognition Market Forecast
10.3.6 Australia Biometric Recognition Market Forecast
10.4 Europe Biometric Recognition Forecast by Country (2024-2029)
10.4.1 Germany Biometric Recognition Market Forecast
10.4.2 France Biometric Recognition Market Forecast
10.4.3 UK Biometric Recognition Market Forecast
10.4.4 Italy Biometric Recognition Market Forecast
10.4.5 Russia Biometric Recognition Market Forecast
10.5 Middle East & Africa Biometric Recognition Forecast by Region (2024-2029)
10.5.1 Egypt Biometric Recognition Market Forecast
10.5.2 South Africa Biometric Recognition Market Forecast
10.5.3 Israel Biometric Recognition Market Forecast
10.5.4 Turkey Biometric Recognition Market Forecast
10.5.5 GCC Countries Biometric Recognition Market Forecast
10.6 Global Biometric Recognition Forecast by Type (2024-2029)
10.7 Global Biometric Recognition Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 IDEMIA
11.1.1 IDEMIA Company Information
11.1.2 IDEMIA Biometric Recognition Product Offered
11.1.3 IDEMIA Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 IDEMIA Main Business Overview
11.1.5 IDEMIA Latest Developments
11.2 Thales
11.2.1 Thales Company Information
11.2.2 Thales Biometric Recognition Product Offered
11.2.3 Thales Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Thales Main Business Overview
11.2.5 Thales Latest Developments
11.3 ASSA ABLOY
11.3.1 ASSA ABLOY Company Information
11.3.2 ASSA ABLOY Biometric Recognition Product Offered
11.3.3 ASSA ABLOY Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 ASSA ABLOY Main Business Overview
11.3.5 ASSA ABLOY Latest Developments
11.4 NEC
11.4.1 NEC Company Information
11.4.2 NEC Biometric Recognition Product Offered
11.4.3 NEC Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 NEC Main Business Overview
11.4.5 NEC Latest Developments
11.5 Fujitsu
11.5.1 Fujitsu Company Information
11.5.2 Fujitsu Biometric Recognition Product Offered
11.5.3 Fujitsu Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Fujitsu Main Business Overview
11.5.5 Fujitsu Latest Developments
11.6 Stanley Black & Decker
11.6.1 Stanley Black & Decker Company Information
11.6.2 Stanley Black & Decker Biometric Recognition Product Offered
11.6.3 Stanley Black & Decker Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 Stanley Black & Decker Main Business Overview
11.6.5 Stanley Black & Decker Latest Developments
11.7 OneSpan
11.7.1 OneSpan Company Information
11.7.2 OneSpan Biometric Recognition Product Offered
11.7.3 OneSpan Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 OneSpan Main Business Overview
11.7.5 OneSpan Latest Developments
11.8 secunet AG
11.8.1 secunet AG Company Information
11.8.2 secunet AG Biometric Recognition Product Offered
11.8.3 secunet AG Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 secunet AG Main Business Overview
11.8.5 secunet AG Latest Developments
11.9 SpeechPro
11.9.1 SpeechPro Company Information
11.9.2 SpeechPro Biometric Recognition Product Offered
11.9.3 SpeechPro Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 SpeechPro Main Business Overview
11.9.5 SpeechPro Latest Developments
11.10 Dermalog
11.10.1 Dermalog Company Information
11.10.2 Dermalog Biometric Recognition Product Offered
11.10.3 Dermalog Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 Dermalog Main Business Overview
11.10.5 Dermalog Latest Developments
11.11 Suprema
11.11.1 Suprema Company Information
11.11.2 Suprema Biometric Recognition Product Offered
11.11.3 Suprema Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.11.4 Suprema Main Business Overview
11.11.5 Suprema Latest Developments
11.12 Securiport
11.12.1 Securiport Company Information
11.12.2 Securiport Biometric Recognition Product Offered
11.12.3 Securiport Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.12.4 Securiport Main Business Overview
11.12.5 Securiport Latest Developments
11.13 Facebanx
11.13.1 Facebanx Company Information
11.13.2 Facebanx Biometric Recognition Product Offered
11.13.3 Facebanx Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.13.4 Facebanx Main Business Overview
11.13.5 Facebanx Latest Developments
11.14 Fulcrum Biometrics
11.14.1 Fulcrum Biometrics Company Information
11.14.2 Fulcrum Biometrics Biometric Recognition Product Offered
11.14.3 Fulcrum Biometrics Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.14.4 Fulcrum Biometrics Main Business Overview
11.14.5 Fulcrum Biometrics Latest Developments
11.15 M2SYS Technology
11.15.1 M2SYS Technology Company Information
11.15.2 M2SYS Technology Biometric Recognition Product Offered
11.15.3 M2SYS Technology Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.15.4 M2SYS Technology Main Business Overview
11.15.5 M2SYS Technology Latest Developments
11.16 Aware
11.16.1 Aware Company Information
11.16.2 Aware Biometric Recognition Product Offered
11.16.3 Aware Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.16.4 Aware Main Business Overview
11.16.5 Aware Latest Developments
11.17 Daon
11.17.1 Daon Company Information
11.17.2 Daon Biometric Recognition Product Offered
11.17.3 Daon Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.17.4 Daon Main Business Overview
11.17.5 Daon Latest Developments
11.18 Ayonix Face Technologies
11.18.1 Ayonix Face Technologies Company Information
11.18.2 Ayonix Face Technologies Biometric Recognition Product Offered
11.18.3 Ayonix Face Technologies Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.18.4 Ayonix Face Technologies Main Business Overview
11.18.5 Ayonix Face Technologies Latest Developments
11.19 Cognitec Systems
11.19.1 Cognitec Systems Company Information
11.19.2 Cognitec Systems Biometric Recognition Product Offered
11.19.3 Cognitec Systems Biometric Recognition Revenue, Gross Margin and Market Share (2018-2023)
11.19.4 Cognitec Systems Main Business Overview
11.19.5 Cognitec Systems Latest Developments
12 Research Findings and Conclusion