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Biometrics - A Global Market Overview
Brought to you by:
ABSTRACT
The primary goal of biometrics technology is to ensure that an individual is who she/he is claiming to be, and for
this purpose, this technology may make use of a person’s unique physical characteristics, such as fingerprint,
hand or palm print, iris, face and even veins for verifying identity. It is possible to integrate biometric technology
into banks, ATM machines, USB keys hooked onto computers, retail locations to be utilized with credit and debit
cards and any other such area that requires a financial transaction to be made.
Widespread application of biometrics in a gamut of key sectors, such as public security, safety, customs, finance,
army, airport and civil markets such as, intelligent access control and attendance market, is bound to expand
the scale of biometric adoption. With system and hardware prices dropping and reliability and convenience
going up, the promise offered by biometrics to the world in the diverse ways of managing identities is beyond
comprehension. While applications of biometrics in e-commerce and financial services provide some of the most
attractive opportunities, this technology’s utilization in healthcare, aid distribution and democracy offer good
potential for growth.
ABSTRACT
The study provides an in-depth market analysis of biometric technologies and applications while also serves the
focus on market trends, major players and application sectors. The global market for Biometrics is slated to post
a strong CAGR of 19.6% between 2014 and 2020 to reach a projected US$30.1 billion by 2020 from an estimated
US$10.3 billion in 2014. Fingerprint recognition is estimated the largest technology with market worth US$3.2
billion in 2014 while Civil ID is slated to be the largest application with global market of US$4.6 billion in the same
year.
This market research report analyses, estimates and forecasts the market for Biometrics for major global
regions, including: North America, Europe, Asia-Pacific, South America, Middle East and Africa. Key Biometric
technologies explored include Fingerprint, AFIS/Live Scan, Facial, Iris, Voice, Vein, Hand Geometry, Signature and
Other. Major applications studied comprise Civil ID, Criminal ID, Logical Access, Physical Access, Surveillance
and Others. The report also analyzes the global Biometrics market for prominent end-use sectors, including:
Government & Civil, Military & Border Control, Corporate Security, IT & Communication, Banking & Financial,
Healthcare and Others.
ABOUT THE PUBLISHER
Industry Experts values the most updated and accurate market research and industry analysis
to provide a unique off the shelf market research reports for a broad range of industry verticals
including Automobile, Healthcare, Food¬ & Beverage, Chemicals & Plastics, Biotechnology,
Consumer Goods and Other. Our research reports help our clients to identify and resolve topical
issues by providing a complete picture of the market in their respective industry sectors. The
Company’s rich collection of market research reports enables the companies to explore market
drivers; forecast the future market; and to formulate the right strategies at the right time.
Learn more about this report
View more reports from this publisher
MarketResearch.com
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Intelligence You Need
Knowledge Center
Take a deep dive into our
database of business
intelligence specific
to a market or vertical
from over 15 years of
authoritative research. We
offer Knowledge Centers
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products & services, food &
beverage, household items,
demographics, and financial
services & credit cards.
Profound
A business solution that
provides a wide perspective
across multiple industries and
publishers and allows you to
select & download specific
parts (graphs, tables, charts
or chapters) from different
market research reports.
Market Research
Reports
We offer reports from over
720 leading global publishers
and update our collection
daily to provide you with
instant online access to the
world’s most complete and
current database.
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Research Based
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to your specific
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Brought to you by:
For more information and additional research
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Biometrics - A Global Market Overview

  • 1. Brought to you by: Biometrics - A Global Market Overview Brought to you by:
  • 2. ABSTRACT The primary goal of biometrics technology is to ensure that an individual is who she/he is claiming to be, and for this purpose, this technology may make use of a person’s unique physical characteristics, such as fingerprint, hand or palm print, iris, face and even veins for verifying identity. It is possible to integrate biometric technology into banks, ATM machines, USB keys hooked onto computers, retail locations to be utilized with credit and debit cards and any other such area that requires a financial transaction to be made. Widespread application of biometrics in a gamut of key sectors, such as public security, safety, customs, finance, army, airport and civil markets such as, intelligent access control and attendance market, is bound to expand the scale of biometric adoption. With system and hardware prices dropping and reliability and convenience going up, the promise offered by biometrics to the world in the diverse ways of managing identities is beyond comprehension. While applications of biometrics in e-commerce and financial services provide some of the most attractive opportunities, this technology’s utilization in healthcare, aid distribution and democracy offer good potential for growth.
  • 3. ABSTRACT The study provides an in-depth market analysis of biometric technologies and applications while also serves the focus on market trends, major players and application sectors. The global market for Biometrics is slated to post a strong CAGR of 19.6% between 2014 and 2020 to reach a projected US$30.1 billion by 2020 from an estimated US$10.3 billion in 2014. Fingerprint recognition is estimated the largest technology with market worth US$3.2 billion in 2014 while Civil ID is slated to be the largest application with global market of US$4.6 billion in the same year. This market research report analyses, estimates and forecasts the market for Biometrics for major global regions, including: North America, Europe, Asia-Pacific, South America, Middle East and Africa. Key Biometric technologies explored include Fingerprint, AFIS/Live Scan, Facial, Iris, Voice, Vein, Hand Geometry, Signature and Other. Major applications studied comprise Civil ID, Criminal ID, Logical Access, Physical Access, Surveillance and Others. The report also analyzes the global Biometrics market for prominent end-use sectors, including: Government & Civil, Military & Border Control, Corporate Security, IT & Communication, Banking & Financial, Healthcare and Others.
  • 4. ABOUT THE PUBLISHER Industry Experts values the most updated and accurate market research and industry analysis to provide a unique off the shelf market research reports for a broad range of industry verticals including Automobile, Healthcare, Food¬ & Beverage, Chemicals & Plastics, Biotechnology, Consumer Goods and Other. Our research reports help our clients to identify and resolve topical issues by providing a complete picture of the market in their respective industry sectors. The Company’s rich collection of market research reports enables the companies to explore market drivers; forecast the future market; and to formulate the right strategies at the right time. Learn more about this report View more reports from this publisher
  • 5. MarketResearch.com We Help You Find the Business Intelligence You Need Knowledge Center Take a deep dive into our database of business intelligence specific to a market or vertical from over 15 years of authoritative research. We offer Knowledge Centers on life sciences, pet products & services, food & beverage, household items, demographics, and financial services & credit cards. Profound A business solution that provides a wide perspective across multiple industries and publishers and allows you to select & download specific parts (graphs, tables, charts or chapters) from different market research reports. Market Research Reports We offer reports from over 720 leading global publishers and update our collection daily to provide you with instant online access to the world’s most complete and current database. We provide Market Research Based Solutions tailored to your specific business goals.
  • 6. Brought to you by: For more information and additional research visit MarketResearch.com or Call 800.298.5699 Brought to you by: