Biometric System Market is expected to reach USD 69.1 billion by 2025

1. Market Research Report EXCLUSIVE EDITION Global Biometric System Market Research Report Global Industry Analysis, Forecast and Trends, 2021-2027 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

2. Global Biometric System Market Research Report Global Biometric System Market Research Report © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 416, East Standsberry Street, Perkins, Oklahoma 74059, USA EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

5. Increasing adoption of biometric system in government sector for a range of applications, such as ration card enrollment, voter registration in low literacy economy, e-passport, and identifying individuals, offering growth to the biometric system market. Description Description Biometric System Market: by Authentication Type (Single Biometric System Market: by Authentication Type (Single- -Factor Authentication and Multi (Software and Hardware), by Functionality Type (Contact, Contactless and Combined), by End User (Government, Military and (Software and Hardware), by Functionality Type (Contact, Contactless and Combined), by End User (Government, Military and Defense, Healthcare, BFSI, Consumers Electronics, Security, and Others), and by Region Defense, Healthcare, BFSI, Consumers Electronics, Security, and Others), and by Region – – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020 Opportunity, and Forecast (2020– –2025) 2025) Factor Authentication and Multi- -Factor Authentication), by Offering Type Factor Authentication), by Offering Type Global Industry Sizing, Growth, Trend, The biometric system market report covers a thorough analysis of the market dynamics, business models, segmental/regional The biometric system market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating in the global market. It en analysis, and respective market shares and strategies adopted by the key market players operating in the global market. It entai in in- -depth analysis of the factors influencing the global market and market statistics indicating region wise and segment depth analysis of the factors influencing the global market and market statistics indicating region wise and segment- -wise mar share/growth analysis. The study of the report will outlook one of the most exhaustive analyses of the market, capturing all share/growth analysis. The study of the report will outlook one of the most exhaustive analyses of the market, capturing all the aspects of the biometric system industry. aspects of the biometric system industry. tails an ls an ket the wise market Get a Sample PDF copy of the Report: Get a Sample PDF copy of the Report: - -https://www.marketstatsville.com/request-sample/biometric-system-market-is-expected- to-reach-usd-69-1-billion-by-2025 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

6. Biometric System Market: Introduction Biometric System Market: Introduction A biometric system is a technology to identify individuals through biological data, such as fingerprints, DNA, voice waves, retina, hand geometry, and others. It analyzes physiological or biological characteristics specific to each individual to be able to verify their identity. The integration of biometric systems is continuously increasing in smartphones for surveillance and security due to the increasing cyber crimes and terror attacks. Biometric data protection is swiftly replacing the conventional methods of securing data through pin codes and photographs in educational industries, government centers, and workplaces. Various government authorities have made it mandatory for every individual to enroll themselves in biometric systems. These data will assist to differentiate every person and decrease the chance of fraudulent activities. Biometric System Biometric SystemMarket: Dynamics Market: Dynamics The growing adoption of biometrics systems in smartphones for different application, increasing use of biometrics in the banking industry especially to make a transaction, and growing application of the biometric system in healthcare industries are some factors driving the growth of the market across the globe. Moreover, the growing usage of biometrics at workplaces to maintain a database of employees, track employees’ attendance, and punctuality are factors fueling the growth of the global biometric system market. Other market driving factors includes the increasing adoption of biometric system in the government sector for a range of applications, such as ration card enrollment, voter registration in low literacy economy, e-passport, and identifying individuals. For instance, India’s national ID–Aadhar program is one of the biggest biometric databases in the globe enabling government agencies to deliver retail services without the physical presence of an officer at a given place. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

7. The usage of biometric systems for criminal identification is driving the demand for biometric systems across the globe. Opportunities for the global biometric systems market can be created by technology advancement, up-gradation for AI- controlled biometric devices. However, the high cost of smart biometric devices, security concerns, lack of skilled workforce to handle biometric devices, and data storage are the main factors that restrain the growth of the global biometric systems market during the forecast period. Buy an exclusive copy: Buy an exclusive copy: - - https:// billion billion- -by by- -2025 2025 https://www.marketstatsville.com/buy www.marketstatsville.com/buy- -now/biometric now/biometric- -system system- -market market- -is is- -expected expected- -to to- -reach reach- -usd usd- -69 69- -1 1- - Biometric System Biometric SystemMarket: Scope of the Report Market: Scope of the Report The report outlines the study of the biometric system market is based on the authentication type, offering type, functionality type, and end-user. Based on authentication type, the biometric system market is segmented into Based on authentication type, the biometric system market is segmented into- - Single-Factor Authentication Fingerprint Recognition Iris Recognition Face Recognition © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

8. Others (Signature Recognition) Multi-Factor Authentication Smart Card with Biometrics Pin with Biometrics Multimodal Biometric Based on offering type, the biometric system market is segmented into Based on offering type, the biometric system market is segmented into- - Software Hardware Based on functionality type, the biometric system market is segmented into Based on functionality type, the biometric system market is segmented into- - Contact Contactless Combined Based on end Based on end- -user, the biometric system market is segmented into user, the biometric system market is segmented into- - Government Military and Defense Healthcare © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

9. BFSI Consumers Electronics Security (Residential and Commercial) Others (Travel Immigration) Biometric System Market: Regional Outlook Biometric System Market: Regional Outlook From a geographical viewpoint, the biometric system market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East Africa (MEA). In 2019, North America accounted for the largest market share and is anticipated to continue its dominance throughout the forecast period. The US and Canada have developed economies which empowers them to invest significantly in public safety activities. The rapidly growing digitalization and adoption of smart technology have further propelled the growth of biometric system market in the region. The growth of the market in North American can also attributed to the increase in government initiatives in countries such as Mexico, US, and Canada for large scale funded programs such as e- visa and e-passport. The US Department of Defense and Department of Homeland Security have been using fingerprint biometrics to facilitate physical and digital access and curb security issues. Request for Report TOC, Table of Figure, Chart, Request for Report TOC, Table of Figure, Chart, etc content/biometric content/biometric- -system system- -market etc: :- -https://www.marketstatsville.com/table https://www.marketstatsville.com/table- -of of- - expected- -to to- -reach reach- -usd usd- -69 69- -1 1- -billion billion- -by market- -is is- -expected by- -2025 2025 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

10. Following North America, Asia Pacific is projected to foresee a considerable growth in the biometric system market during the forecast period. This growth is backed by the growing small and medium (SMEs) industries and startups in this region. The growing adoption of biometric technologies in e-passport and national ID programs is offering growth to the market. Moreover, the governments in the region are significantly investing funds in public safety and using biometrics devices for security checkpoints on the country borders due to the growing terror attack activities. Furthermore, increasing industrialization is continuously rising the demand for safety and security of the database of companies, and combating fraudulent activities are further boost the growth of the market in the region. Biometric System Market: Competitive Biometric System Market: Competitive Landscape Landscape The leading biometric system manufacturers in the global market include Thales Group, Safran, NEC Corporation (NEC), ASSA ABLOY AB (ASSA ABLOY), and Fujitsu. Other biometric system manufacturers include Bio Key International Inc., Precise Biometric AB, Secunet Security Network AG, Aware Inc., and Cross Match Technologies. In March 2018, Thales Group acquired Gemalto to enhance its biometric offerings in the digital security arena. In June 2019, Gemalto acquired Green Bit S.p.A to enhance its biometric capture capacities. The research report of the biometric system market provides a thorough analysis of macro The research report of the biometric system market provides a thorough analysis of macro- -economic factors and every segment's market attractiveness. The report will include an in segment's market attractiveness. The report will include an in- -depth qualitative and quantitative assessment of segmental/regional outlook with the market players' presence in the respective segment and region/country. The segmental/regional outlook with the market players' presence in the respective segment and region/country. The information concluded in the report includes the inputs. information concluded in the report includes the inputs. economic factors and every depth qualitative and quantitative assessment of © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

11. Biometric System Market Regional Analysis Includes Biometric System Market Regional Analysis Includes: : North America (US, Canada, Mexico) South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia New Zealand, Rest of Asia Pacific) The Middle East Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA Biometric System Market: Target Biometric System Market: Target Audience Audience Biometric system manufactures Biometric system distributors and raw material suppliers Tier 1 component suppliers Research institutions and universities Trade publications and magazines Government authorities, associations, and organizations Independent Aftermarket players © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

12. Key Issues Addressed Key Issues Addressed What is the market size by various segmentation of biometric systems by region and its respective countries? What is the customer buying behavior, key takeaways, Porter’s 5 forces, and Supply Chain of the biometric system market? What are the key trends and opportunities for OEMs and tier 1 suppliers in the biometric system market? What are the key drivers, restraints, opportunities, and challenges in the market? What and how regulations, schemes, patents, and policies are impacting the growth of the market? What are the upcoming technology solutions influencing market trends? How will existing service providers adapt to the shift in technology trends? What will be the impact of autonomous technology on the biometric system market? What is the impact of COVID-19 on the demand and sales of biometric system in the global market? Detailed analysis of the competitors and their latest launch and what are the main startups introduced in the target market? Request Request For Report Analysis: For Report Analysis: - - https://www.marketstatsville.com/biometric https://www.marketstatsville.com/biometric- -system usd usd- -69 69- -1 1- -billion billion- -by by- -2025 2025 system- -market market- -is is- -expected expected- -to to- -reach reach- - © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

13. Research Methodology Market Statsville Group (MSG) research is conducted by industry experts who offer insight into industry structure, market segmentation, product assessment, competitive landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~80%) and secondary research (~20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years by analyzing historical trends and current market positions. Furthermore, the varying trends of the segments and categories are geographically presented, studied, and estimated based on primary and secondary research. Primary Primary Research Research – – Extensive primary research was conducted to gain a deeper insight into the market and industry performance. In this particular report we have conducted primary surveys (interviews) with the key level executives (VPs, CEOs, marketing directors, and business development managers) of the major players who are active in the global software testing market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed, over the next six years. Secondary Secondary Research technical, market-oriented, and commercial study of the global software testing market. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company web sites, international organization, some paid databases, and many others. Research – –Secondary research was mainly used to collect and identify information useful for the extensive, © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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