Competition, Industry Issues, Acquisitions and Mergers, Patent Analysis, New Developments


DUBLIN, December 2, 2022 /PRNewswire/ — The “Augmented Biometrics with Impact Computing: Technologies and Global Markets” added to the report ResearchAndMarkets.com offering.

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This report examines the global as well as regional market for biometric technology and devices, identifies emerging markets, and examines market expansion for current applications of various types of biometric devices. A realistic five-year forecast for the future global market for various biometric technologies and devices is provided. Various applications of biometric technologies are discussed to create global as well as regional applications.

Biometric technology allows the user’s biological data to be analyzed by capturing unique physical characteristics of a person and using it as a reference for further user identification. Biometric technologies, such as voice and face, ensure human identification and access to secure locations.

Increasing government initiatives to adopt biometrics, high demand from the consumer electronics industry for authentication and identification applications, and increasing need for digital security are the major factors fueling the market growth. However, high costs associated with biometric systems and data security issues are hampering the market expansion.

Significant advancements in biometric solutions, increased adoption of cloud-based services, and fundamental shift from proprietary technologies to standards-based biometric capture and customization are expected to create new opportunities for market growth in the coming years.

Biometrics are widely integrated with access control systems, point-of-sale (POS) solutions, e-passports, e-visa systems, and border control systems. The focus on strengthening the country’s security is fueling the growth of the regional market

Scope of the report

Future forecasts are made for such applications. The market is segmented on the basis of biometric technology such as fingerprint, face recognition, iris recognition, vascular recognition, and voice/speech recognition. Applications for the market are categorized into identity, access control, and security. Today’s biometrics market offers opportunities to interested parties due to the rise of biometric software services and increased use of the Internet for digital identification.

This report highlights different types of biometrics including contact based and contactless biometrics. In addition, the report offers a large regional analysis North America, Europe, Asia and the Pacificthe Middle Eastand Africa. The market revenue calculated in this report is the sum of the price of software, hardware and subscription services.

This report examines the product and technology life cycles of different types of biometric devices, and the methods used by various manufacturers and users to maintain ecological balance. It will also review several types of biometric technology that have emerged recently and are becoming more common in a variety of applications.

The report profiles major manufacturers and suppliers of biometric devices and looks at mergers and acquisitions in the industry. The novel coronavirus (COVID-19) has had a huge impact on society since the start of 2020. This report examines the impact of COVID-19 and the economic slowdown it has caused. As people become more reliant on technology, cyber attacks have increased. Increasing demand for biometric solutions is expected to drive the biometrics market.

This report is prepared in an easy to understand format with several tables and graphs/figures. The scope of the report includes a detailed study of the global and regional markets for different types of biometric devices, explaining the reasons for variations in the growth of the industry in certain regions. The report examines each type of biometric technology, determines the current market size, and estimates their future market share.

The report analyzes the market from the perspective of manufacturers and end-users. A number of technical issues related to the use of biometric technology are discussed and solutions are provided. The use of biometric technology in government and public institutions is discussed in detail along with the market for these sectors.

Report included

  • 43 data tables and 10 supplementary tables

  • The latest overview and analysis of the global market for biometric technology and devices

  • Global market trend analysis with data from 2020-2021, estimates for 2022, 2024, and compound annual growth rate (CAGR) projections to 2026.

  • To assess and forecast global/regional Biometrics market size, market share analysis by Biometrics type, technology, application, end user, and geographic region.

  • Detailed information (facts and figures) about market drivers, challenges, issues and other macroeconomic factors influencing the progress of the global biometrics market

  • An understanding of recent government regulations, current trends, and technological innovations in biometric and e-computing technologies that may shape the future market.

  • Overview of patent grants and innovations covering biometrics and affective computing technologies by each major category

  • Recent information on major mergers and acquisitions, agreements, and collaborations in the global biometrics industry

  • Aratek Biometrics Technology Co. ltd, ASSA abloy AB, Fingerprint cards AB, Fujitsu ltd company profile.

The main advantages of biometrics are:

  • High security and assurance: biometric identification provides answers to the question of “what a person has and what they have” and helps to verify identity.

  • User experience: convenient and fast

  • Non-transferable: everyone gets a unique set of biometrics

  • False assurance: biometrics are difficult to forge or steal

  • Offers the best return on investment (ROI) compared to other security solutions

The competitive landscape

  • Biometrics Industry Competitive Analysis

  • Solving industrial problems

  • Acquisitions and mergers in the biometric industry

  • Patent analysis

  • New Developments in Biometric Technologies and Applications

Company introduction

  • 01 System WLL

  • 4G Identity Solutions Private Ltd. (4 Gid)

  • Accu-Time Systems Inc.

  • Acuity Systems Inc.

  • Effective

  • Alltrust network

  • Animemetrics Inc.

  • Anviz Global Inc.

  • Apple Inc.

  • Aratek Biometrics Technology Co. Ltd.

  • Ascertia Ltd.

  • Assa Abloy Ab

  • acts

  • Atr Systems Inc.

  • Audieering GmbH

  • Auray Systems

  • Aware Inc.

  • Ionics

  • Barska biometrics

  • Biometrics

  • Behaviosec Inc.

  • Biocatch Ltd.

  • Bioconnect Inc.

  • Biodite LLC

  • Bioenable Technologies Pvt. Ltd.

  • Bio-Gate AG

  • Bioid GmbH

  • Bio-Key International Inc.

  • Biolink solution

  • Biometric Signature-Id

  • Biometrica Systems Inc.

  • Biodiversified

  • Canon Europe Ltd.

  • Cashflows Europe Ltd.

  • Causeway Technologies (Formerly Aurora Computer Services)

  • Certify Global Inc.

  • Cmitech Co. Ltd.

  • Cognitec Systems GmbH

  • Communication Intelligence Corp.

  • Credential number

  • Cross Match Technologies

  • Crucial Tec Co. Ltd.

  • Daon Inc.

  • Deepnet Security

  • Dermalog Identification Systems GmbH

  • Descartes Biometry

  • Diamond Fortress Technologies

  • Digitus Biometrics Inc.

  • Egis Technology Inc.

  • Ekey Biometric Systems GmbH

  • Essl security

  • Eyelock Inc.

  • Facebook

  • Facefirst LLC

  • Facephi

  • Fujitsu Ltd.

  • Face Tec Ltd.

  • Fair, Isaac and Company

  • Fingerprint Cards Ab

  • Fotonation Inc.

  • Futronic Technology Co. Ltd.

  • Goodix Technology Inc.

  • Griule Biometer

  • Herta Security SL

  • The world is hidden

  • Hitachi Ltd.

  • Honeywell Commercial Security

  • Human recognition systems

  • Idemia

  • Identify

  • Identimetrics Inc.

  • Identitytech Solutions America LLC

  • Idex Biometrics Asa

  • Idlink Systems Pte. Ltd.

  • Ievo Ltd.

  • Imageware Systems Inc.

  • Innovatrics SRO

  • Johnson control

  • Jumio Corp.

  • Lockheed Martin Corp.

  • Nec Corp. of America

  • Neurotechnology

  • Nuance Communications Inc.

  • Onevault

  • Onfido

  • Plurilock Security Solutions Inc.

  • Detailed Biometrics Ab

  • Make a gesture

  • Speed ​​​​Identity Ab

  • Stanley Black & Decker

  • Sterling Identity

  • Suprema Inc.

  • Thales Group

  • Global Enterprise Technologies Corp.

  • Touchless Biometric Systems AG

  • Signal

  • Zetes Industries Sa/Nv

  • Zkteko

  • Zwipe As

For more information on this report, visit https://www.researchandmarkets.com/r/mmvl7w

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