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Next Generation Biometrics Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis 2017 - 2025

ID: 231376 May, 2018 Region : Global Pages Reports Monitor

Global Next Generation Biometric Market Analysis by component (hardware, solution and services), by function (contact and non-contact), by technology (fingerprint, voice, palm, signature and others) and by end-use (BFSI, Military & Defense, Government, Healthcare, Consumer Electronics, IT, and Others) and Forecast 2018-2025 


Market Scenario:

The demand for authentication and identification based services of every individual is increasing at rapid speed. Though many organizations and industries have adopted biometric tools for security purpose, however the adoption of conventional methods such as token or access cards significantly results in security breaches and its related issues. Next generation biometrics primarily adopts biometric characters such as face, finger print and others, thereby gaining functional efficiency and improving security standards. This technology is adopted in border security control, crime and fraud prevention and also in attendance recoding systems. For instance: In March 2018, US Army electronics and warfare division announced its development of new biometric data collection system for the use by soldiers.


Colossal demand for next generation biometric products from various end-use sectors is majorly driving the growth of market. Adoption of this technology in various criminal investigation and procedures is also contributing in upholding the growth of market. However, higher cost of biometric devices coupled with increasing risk in privacy intrusion is mainly restraining the growth of market.


Market Segmentation: 

Global next generation biometric market is majorly segmented on the basis of component used, function, technology and end-use. Based on the component used, market is mainly segmented into hardware, solution and services, while on the basis of function, market is bifurcated into: contact and non-contact. On the basis of technology, market is bifurcated into: fingerprint, voice, palm, signature and others. Based on the area of application, market covers: BFSI, Military & Defense, Government, Healthcare, Consumer Electronics, IT, and Others.


Regional Analysis:

The regional analysis of global next generation biometric device includes the study across: North America, Europe, Asia Pacific and LAMEA. Presence of major players coupled with early adoption of authentication services in various commercial sectors is mainly influencing the growth of North American region. Technological advancement and growth in web, telecom and internet of things is mainly driving the growth of Asia Pacific region. Reasonable and effective price of biometric device within the region is also propelling the regional growth.


Key Players:

The major key vendors operating in the market are: Safran S.A. (France), NEC Corporation (Japan), 3M Cogent Inc. (U.S.), Fujitsu Ltd. (Japan), Suprema Inc. (South Korea), Cross Match Technologies Inc. (U.S.), Fulcrum Biometrics LLC (U.S.), Thales Group (France), Bio-Key International Inc. (U.S.), Precise Biometrics AB (Sweden), Secunet Security Networks AG (Germany)


Global Next Generation Biometric Devices Market Segmentation

By Component:

• Hardware

• Solution 

• Services

By Function:

• Contact 

• Non-contact

By Technology:

• Fingerprint

• Voice 

• Palm 

• Signature 

• Others

By End-Use:

• BFSI

• Military & Defense

• Government

• Healthcare 

• Consumer Electronics

• IT

• Others

Regions Covered:

• North America (U.S, Canada and Rest of North America)

• Europe (Germany, France, Italy and Rest of Europe)

• Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)

• LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)

Research Scope


 

The study for Next Generation Biometric Market will provide market size, estimates and forecast based on the following years: 

 

Historic data: 2015  Base Year Estimate: 2016  Forecast: 2017 to 2025


The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 


Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 


The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.

 

1. Introduction

1.1. Market Definition

1.2. Market Scope

2. Research Methodology

2.1. Primary Research

2.2. Secondary Sources

2.3. Assumptions & Exclusions

3. Market Overview

3.1. Research Report Segmentation & Scope

3.2. Next Generation Biometric- Value Chain Analysis 

3.3. Key Market Trend Analysis

3.3.1. Market Drivers

3.3.2. Market Restraint/Challenges

3.3.3. Market Opportunities

3.4. Porter’s Five Forces Analysis

3.5. Potential Venture Avenues

3.6. Market Share Analysis, 2016 

3.7. Market Overview – Next Generation Biometric, Product Landscape

4. Segmentation Overview

4.1. Introduction 

4.2. Market Size & Forecast, 2015 to 2025

4.2.1.1. By Component:

4.2.1.1.1. Hardware

4.2.1.1.2. Solution 

4.2.1.1.3. Services

4.2.1.2. By Function:

4.2.1.2.1. Contact 

4.2.1.2.2. Non-contact

4.2.1.3. By Technology:

4.2.1.3.1. Fingerprint

4.2.1.3.2. Voice 

4.2.1.3.3. Palm 

4.2.1.3.4. Signature 

4.2.1.3.5. Others

4.2.1.4. By End-Use:

4.2.1.4.1. BFSI

4.2.1.4.2. Military & Defense

4.2.1.4.3. Government

4.2.1.4.4. Healthcare 

4.2.1.4.5. Consumer Electronics

4.2.1.4.6. IT

4.2.1.4.7. Others

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

5. Regional Overview

5.1. Introduction

5.2. Market Size & Forecast, 2015 to 2025

5.2.1. North America 

5.2.1.1. U.S.

5.2.1.2. Canada

5.2.1.3. Mexico 

5.2.2. Europe

5.2.2.1. UK

5.2.2.2. Germany

5.2.2.3. France 

5.2.2.4. Italy

5.2.2.5. Spain

5.2.2.6. Rest of Europe

5.2.3. Asia Pacific

5.2.3.1. China 

5.2.3.2. India

5.2.3.3. Japan

5.2.3.4. Australia

5.2.3.5. South Korea

5.2.3.6. Rest of Asia Pacific 

5.2.4. LAMEA

5.2.4.1. Brazil 

5.2.4.2. UAE

5.2.4.3. South Africa

5.2.4.4. Rest of LAMEA 

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

6. Manufacturer/ Vendor Profile

6.1. The following attributes will be considered while profiling key manufacturers in this industry: 

6.1.1. Company Overview

6.1.2. Financial Synopsis

6.1.3. Recent Developments

6.1.4. R&D Investments (if any)

6.1.5. Strategy Overview (Analyst Perspective)

6.1.6. Product Portfolio

6.2. Companies Profiled

6.2.1. Safran S.A. (France)

6.2.2.  NEC Corporation (Japan)

6.2.3.  3M Cogent Inc. (U.S.)

6.2.4. Fujitsu Ltd. (Japan)

6.2.5. Suprema Inc. (South Korea)

6.2.6. Cross Match Technologies Inc. (U.S. 

6.2.7. Fulcrum Biometrics LLC (U.S.)

6.2.8. Thales Group (France)

6.2.9. Bio-Key International Inc. (U.S.) 

6.2.10. Precise Biometrics AB (Sweden)

6.2.11. Secunet Security Networks AG (Germany)

(Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.) 

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