The global Biometric Systems Market Size is estimated to be US$28.7 billion in 2023 and is poised to register 13.6% growth over the forecast period from 2023 to 2030.
Key market driving forces include the rapid proliferation of biometrics in consumer electronics, mobile biometric payments, rapid adoption of biometrics in passenger cars and commercial vehicles, the emergence of contactless sensing technology, and demand for multi-modal biometrics
Biometric Systems Market Analysis
Biometric Systems is one of the fastest-growing markets in the electronics industry, with rapid adoption across developing and developed markets. Technological advancements in the industry are encouraging the wide adoption of different device types. Biometric Systems involving contact-based and contactless systems are being used worldwide with a growing preference for user comfort, safety and security, surveillance, and remote applications.
The global Biometric Systems market is poised to record high growth over the long-term future, driven by adoption across developing countries and the introduction of customized services for specific applications
Market Dynamics
Market Trend- Rapid proliferation of biometrics in consumer electronics
An increasing demand for biometrics in consumer electronics is being observed across device types. Smartphones, laptops, smart home appliances, and others are equipped with biometrics for access. Driven by the potential advantages of increased security and consumer experience, biometric authentication is gaining wide popularity.
Biometric authentication to access various applications and personal data in smartphones, laptops, and other devices is increasingly observed. Multi-mode authentication, password-free logins, and others will further strengthen the use of biometric systems across electronic devices. Multimodal biometrics is a combination of two or more biometric technologies and offers more accuracy for secure authentication.
Mobile application providers are introducing biometric authentication apps, which store personal data on mobile devices. Driven by the robust market potential, leading smartphone manufacturers such as Apple, Samsung, LG Electronics, Xiaomi, Huawei, Dell, and others have incorporated phones and laptops with fingerprint access.
In addition, a large number of household electronics are being developed with biometrics and consumers opt for smart homes. Image-based (fingerprint, finger vein, and face) and signal (voice and speech) based recognition is widely used in home security. Similarly, voice-based recognition for appliances is widely developed. Smart home devices including smart speakers, smart TVs, alarms, utility meters, smart locks, and others are increasingly being integrated with biometrics. Contactless technologies are also being incorporated into these devices, as the technology ensures accurate recognition by avoiding possibilities of slippage, deformation, or smearing.
The market segment is relatively mature in a few developed countries and is characterized by intense competition. However, large market potential coupled with the emergence of new technologies will attract new players into the industry over the forecast period.
Market Driver- Mobile biometric payments
The rapid surge in mobile biometric payments is one of the key drivers for biometrics including fingerprint recognition, voice recognition, and facial recognition. The use of mobile for biometric payments is relatively high in North American and Asia Pacific markets. With the shift in passwords to biometrics for mobile payments, the demand for biometrics has significantly improved in the segment. OEM payment solutions, like Apple Pay and Samsung Pay, are gaining significant revenue growth, driven by the use of apps for payments both in-store and remotely. On the other hand, contactless cards can pose a threat to the mobile biometric payment segment. The increase of touch ID hardware in mobile phones coupled with the integration of hardware and the tokenization of NFC payments to mobile commerce supports the market.
Market Segmentation
The global Biometric Systems Market is segmented into Types, Applications, and Countries.
Fingerprint type is the largest type of biometric system deployed worldwide
The fingerprint-based biometric verification is based on the biological data for providing authentication based on their unique fingerprint patterns. Fingerprint technology is the most dominant biometric technology, driven by its adoption across end-user applications and ease of use. The government, travel, and banking applications are among the main users of fingerprint technology. The introduction of fingerprint-based contactless payment by different banks, and new features in automotive and residential security support the market outlook.
Vendors are increasingly marketing 3-D fingerprint technologies, contactless, cloud storage, and other advancements, which support the demand for fingerprint technology for extended services. The market outlook is also driven by the increased use of smartphones, laptops, printers, hard disks, and other storage devices, wearable electronics, and other devices.
Both AFIS technologies using digital imaging technologies and Non-AFIS techniques using analog to digital converters are set to gain significant market revenues over the forecast period.
Home Automation is set to increase rapidly, at a CAGR of 15.56% during the forecast period
The use of biometrics such as fingerprints, retinal scans, facial images, and others for delivering a more personalized entertainment experience to users, smart thermostats for temperature control, voice-controlled appliances, and others is widely observed in the segment.
Driven by robust market potential, biometric system providers are increasingly focusing launch of new products for home automation. In particular, digital door locks, fingerprint-based electronic appliances, face recognition cameras for alerts, lighting, and climate control, watching kids, and the adoption of Iris scanners for improved residential security and others are widely launched.
Increasing deployment of connectivity technologies, IoT, and wireless technologies across smart homes supports biometric-based authentication. Both wired and wireless products are marketed. Further, to address the concerns of privacy of consumers, on-device storage is widely marketed. Authorized building access services are also being offered by companies, which are likely to gain significant business growth over the medium to long-term forecast period.
Segmentation
By Type
By Application
By Device
By Contact
By Region
Key Players
Leading companies profiled in the study include-
Biometric Systems Market Outlook 2023
1 Market Overview
1.1 Introduction to Biometric Systems Market
1.2 Scope of the Study
1.3 Research Objective
1.3.1 Key Market Scope and Segments
1.3.2 Players Covered
1.3.3 Years Considered
2 Executive Summary
2.1 2023 Biometric Systems Industry- Market Statistics
3 Market Dynamics
3.1 Market Drivers
3.2 Market Challenges
3.3 Market Opportunities
3.4 Market Trends
4 Market Factor Analysis
4.1 Porter’s Five Forces
4.2 Market Entropy
4.2.1 Global Biometric Systems Market Companies with Area Served
4.2.2 Products Offerings Global Biometric Systems Market
5 COVID-19 Impact Analysis and Outlook Scenarios
5.1.1 Covid-19 Impact Analysis
5.1.2 Post-COVID-19 Scenario- Low Growth Case
5.1.3 Post-COVID-19 Scenario- Reference Growth Case
5.1.4 Post-COVID-19 Scenario- Low Growth Case
6 Global Biometric Systems Market Trends
6.1 Global Biometric Systems Revenue (USD Million) and CAGR (%) by Type (2018-2030)
6.2 Global Biometric Systems Revenue (USD Million) and CAGR (%) by Applications (2018-2030)
6.3 Global Biometric Systems Revenue (USD Million) and CAGR (%) by Regions (2018-2030)
7 Global Biometric Systems Market Revenue (USD Million) by Type, and Applications (2018-2022)
7.1 Global Biometric Systems Revenue (USD Million) by Type (2018-2022)
7.1.1 Global Biometric Systems Revenue (USD Million), Market Share (%) by Type (2018-2022)
7.2 Global Biometric Systems Revenue (USD Million) by Applications (2018-2022)
7.2.1 Global Biometric Systems Revenue (USD Million), Market Share (%) by Applications (2018-2022)
8 Global Biometric Systems Development Regional Status and Outlook
8.1 Global Biometric Systems Revenue (USD Million) By Regions (2018-2022)
8.2 North America Biometric Systems Revenue (USD Million) by Type, and Application (2018-2022)
8.2.1 North America Biometric Systems Revenue (USD Million) by Country (2018-2022)
8.2.2 North America Biometric Systems Revenue (USD Million) by Type (2018-2022)
8.2.3 North America Biometric Systems Revenue (USD Million) by Applications (2018-2022)
8.3 Europe Biometric Systems Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)
8.3.1 Europe Biometric Systems Revenue (USD Million), by Country (2018-2022)
8.3.2 Europe Biometric Systems Revenue (USD Million) by Type (2018-2022)
8.3.3 Europe Biometric Systems Revenue (USD Million) by Applications (2018-2022)
8.4 Asia Pacific Biometric Systems Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)
8.4.1 Asia Pacific Biometric Systems Revenue (USD Million) by Country (2018-2022)
8.4.2 Asia Pacific Biometric Systems Revenue (USD Million) by Type (2018-2022)
8.4.3 Asia Pacific Biometric Systems Revenue (USD Million) by Applications (2018-2022)
8.5 South America Biometric Systems Revenue (USD Million), by Type, and Applications (2018-2022)
8.5.1 South America Biometric Systems Revenue (USD Million), by Country (2018-2022)
8.5.2 South America Biometric Systems Revenue (USD Million) by Type (2018-2022)
8.5.3 South America Biometric Systems Revenue (USD Million) by Applications (2018-2022)
8.6 Middle East and Africa Biometric Systems Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)
8.6.1 Middle East and Africa Biometric Systems Revenue (USD Million) by Country (2018-2022)
8.6.2 Middle East and Africa Biometric Systems Revenue (USD Million) by Type (2018-2022)
8.6.3 Middle East and Africa Biometric Systems Revenue (USD Million) by Applications (2018-2022)
9 Company Profiles
10 Global Biometric Systems Market Revenue (USD Million), by Type, and Applications (2023-2030)
10.1 Global Biometric Systems Revenue (USD Million) and Market Share (%) by Type (2023-2030)
10.1.1 Global Biometric Systems Revenue (USD Million), and Market Share (%) by Type (2023-2030)
10.2 Global Biometric Systems Revenue (USD Million) and Market Share (%) by Applications (2023-2030)
10.2.1 Global Biometric Systems Revenue (USD Million), and Market Share (%) by Applications (2023-2030)
11 Global Biometric Systems Development Regional Status and Outlook Forecast
11.1 Global Biometric Systems Revenue (USD Million) By Regions (2023-2030)
11.2 North America Biometric Systems Revenue (USD Million) by Type, and Applications (2023-2030)
11.2.1 North America Biometric Systems Revenue (USD) Million by Country (2023-2030)
11.2.2 North America Biometric Systems Revenue (USD Million), by Type (2023-2030)
11.2.3 North America Biometric Systems Revenue (USD Million), Market Share (%) by Applications (2023-2030)
11.3 Europe Biometric Systems Revenue (USD Million), by Type, and Applications (2023-2030)
11.3.1 Europe Biometric Systems Revenue (USD Million), by Country (2023-2030)
11.3.2 Europe Biometric Systems Revenue (USD Million), by Type (2023-2030)
11.3.3 Europe Biometric Systems Revenue (USD Million), by Applications (2023-2030)
11.4 Asia Pacific Biometric Systems Revenue (USD Million) by Type, and Applications (2023-2030)
11.4.1 Asia Pacific Biometric Systems Revenue (USD Million), by Country (2023-2030)
11.4.2 Asia Pacific Biometric Systems Revenue (USD Million), by Type (2023-2030)
11.4.3 Asia Pacific Biometric Systems Revenue (USD Million), by Applications (2023-2030)
11.5 South America Biometric Systems Revenue (USD Million), by Type, and Applications (2023-2030)
11.5.1 South America Biometric Systems Revenue (USD Million), by Country (2023-2030)
11.5.2 South America Biometric Systems Revenue (USD Million), by Type (2023-2030)
11.5.3 South America Biometric Systems Revenue (USD Million), by Applications (2023-2030)
11.6 Middle East and Africa Biometric Systems Revenue (USD Million), by Type, and Applications (2023-2030)
11.6.1 Middle East and Africa Biometric Systems Revenue (USD Million), by Region (2023-2030)
11.6.2 Middle East and Africa Biometric Systems Revenue (USD Million), by Type (2023-2030)
11.6.3 Middle East and Africa Biometric Systems Revenue (USD Million), by Applications (2023-2030)
12 Methodology and Data Sources
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Sources
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer
List Of Tables
Table 1 Market Segmentation Analysis
Table 2 Global Biometric Systems Market Companies with Areas Served
Table 3 Products Offerings Global Biometric Systems Market
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Biometric Systems Revenue (USD Million) And CAGR (%) By Type (2018-2030)
Table 8 Global Biometric Systems Revenue (USD Million) And CAGR (%) By Applications (2018-2030)
Table 9 Global Biometric Systems Revenue (USD Million) And CAGR (%) By Regions (2018-2030)
Table 10 Global Biometric Systems Revenue (USD Million) By Type (2018-2022)
Table 11 Global Biometric Systems Revenue Market Share (%) By Type (2018-2022)
Table 12 Global Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Table 13 Global Biometric Systems Revenue Market Share (%) By Applications (2018-2022)
Table 14 Global Biometric Systems Market Revenue (USD Million) By Regions (2018-2022)
Table 15 Global Biometric Systems Market Share (%) By Regions (2018-2022)
Table 16 North America Biometric Systems Revenue (USD Million) By Country (2018-2022)
Table 17 North America Biometric Systems Revenue (USD Million) By Type (2018-2022)
Table 18 North America Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Table 19 Europe Biometric Systems Revenue (USD Million) By Country (2018-2022)
Table 20 Europe Biometric Systems Revenue (USD Million) By Type (2018-2022)
Table 21 Europe Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Table 22 Asia Pacific Biometric Systems Revenue (USD Million) By Country (2018-2022)
Table 23 Asia Pacific Biometric Systems Revenue (USD Million) By Type (2018-2022)
Table 24 Asia Pacific Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Table 25 South America Biometric Systems Revenue (USD Million) By Country (2018-2022)
Table 26 South America Biometric Systems Revenue (USD Million) By Type (2018-2022)
Table 27 South America Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Table 28 Middle East and Africa Biometric Systems Revenue (USD Million) By Region (2018-2022)
Table 29 Middle East and Africa Biometric Systems Revenue (USD Million) By Type (2018-2022)
Table 30 Middle East and Africa Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Table 31 Financial Analysis
Table 32 Global Biometric Systems Revenue (USD Million) By Type (2023-2030)
Table 33 Global Biometric Systems Revenue Market Share (%) By Type (2023-2030)
Table 34 Global Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Table 35 Global Biometric Systems Revenue Market Share (%) By Applications (2023-2030)
Table 36 Global Biometric Systems Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)
Table 37 North America Biometric Systems Revenue (USD)By Country (2023-2030)
Table 38 North America Biometric Systems Revenue (USD Million) By Type (2023-2030)
Table 39 North America Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Table 40 Europe Biometric Systems Revenue (USD Million) By Country (2023-2030)
Table 41 Europe Biometric Systems Revenue (USD Million) By Type (2023-2030)
Table 42 Europe Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Table 43 Asia Pacific Biometric Systems Revenue (USD Million) By Country (2023-2030)
Table 44 Asia Pacific Biometric Systems Revenue (USD Million) By Type (2023-2030)
Table 45 Asia Pacific Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Table 46 South America Biometric Systems Revenue (USD Million) By Country (2023-2030)
Table 47 South America Biometric Systems Revenue (USD Million) By Type (2023-2030)
Table 48 South America Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Table 49 Middle East and Africa Biometric Systems Revenue (USD Million) By Region (2023-2030)
Table 50 Middle East and Africa Biometric Systems Revenue (USD Million) By Region (2023-2030)
Table 51 Middle East and Africa Biometric Systems Revenue (USD Million) By Type (2023-2030)
Table 52 Middle East and Africa Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Table 53 Research Programs/Design for This Report
Table 54 Key Data Information from Secondary Sources
Table 55 Key Data Information from Primary Sources
List Of Figures
Figure 1 Market Scope
Figure 2 Porter’s Five Forces
Figure 3 Global Biometric Systems Revenue (USD Million) By Type (2018-2022)
Figure 4 Global Biometric Systems Revenue Market Share (%) By Type (2022)
Figure 5 Global Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Figure 6 Global Biometric Systems Revenue Market Share (%) By Applications (2022)
Figure 7 Global Biometric Systems Market Revenue (USD Million) By Regions (2018-2022)
Figure 8 Global Biometric Systems Market Share (%) By Regions (2022)
Figure 9 North America Biometric Systems Revenue (USD Million) By Country (2018-2022)
Figure 10 North America Biometric Systems Revenue (USD Million) By Type (2018-2022)
Figure 11 North America Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Figure 12 Europe Biometric Systems Revenue (USD Million) By Country (2018-2022)
Figure 13 Europe Biometric Systems Revenue (USD Million) By Type (2018-2022)
Figure 14 Europe Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Figure 15 Asia Pacific Biometric Systems Revenue (USD Million) By Country (2018-2022)
Figure 16 Asia Pacific Biometric Systems Revenue (USD Million) By Type (2018-2022)
Figure 17 Asia Pacific Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Figure 18 South America Biometric Systems Revenue (USD Million) By Country (2018-2022)
Figure 19 South America Biometric Systems Revenue (USD Million) By Type (2018-2022)
Figure 20 South America Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Figure 21 Middle East and Africa Biometric Systems Revenue (USD Million) By Region (2018-2022)
Figure 22 Middle East and Africa Biometric Systems Revenue (USD Million) By Type (2018-2022)
Figure 23 Middle East and Africa Biometric Systems Revenue (USD Million) By Applications (2018-2022)
Figure 24 Global Biometric Systems Revenue (USD Million) By Type (2023-2030)
Figure 25 Global Biometric Systems Revenue Market Share (%) By Type (2030)
Figure 26 Global Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Figure 27 Global Biometric Systems Revenue Market Share (%) By Applications (2030)
Figure 28 Global Biometric Systems Market Revenue (USD Million) By Regions (2023-2030)
Figure 29 North America Biometric Systems Revenue (USD Million) By Country (2023-2030)
Figure 30 North America Biometric Systems Revenue (USD Million) By Type (2023-2030)
Figure 31 North America Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Figure 32 Europe Biometric Systems Revenue (USD Million) By Country (2023-2030)
Figure 33 Europe Biometric Systems Revenue (USD Million) By Type (2023-2030)
Figure 34 Europe Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Figure 35 Asia Pacific Biometric Systems Revenue (USD Million) By Country (2023-2030)
Figure 36 Asia Pacific Biometric Systems Revenue (USD Million) By Type (2023-2030)
Figure 37 Asia Pacific Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Figure 38 South America Biometric Systems Revenue (USD Million) By Country (2023-2030)
Figure 39 South America Biometric Systems Revenue (USD Million) By Type (2023-2030)
Figure 40 South America Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Figure 41 Middle East and Africa Biometric Systems Revenue (USD Million) By Region (2023-2030)
Figure 42 Middle East and Africa Biometric Systems Revenue (USD Million) By Region (2023-2030)
Figure 43 Middle East and Africa Biometric Systems Revenue (USD Million) By Type (2023-2030)
Figure 44 Middle East and Africa Biometric Systems Revenue (USD Million) By Applications (2023-2030)
Figure 45 Bottom-Up and Top-Down Approaches For This Report
Figure 46 Data Triangulation
Market Segmentation
By Type
By Application
By Device
By Contact
By Region
The global Biometric Systems Market Size is estimated to be US$28.7 billion in 2023.
The market is poised to register 13.6% growth over the forecast period from 2023 to 2030.
Thales Group, Safran, NEC Corporation, Assa Abloy Group, Fujitsu, Stanley Black & Decker Inc, Secunet Security Networks AG, Idemia, Precise Biometrics, Cognitec Systems GMBH,
Voice, Home Automation, Contact Less, and Vehicles are the fastest-growing segments in the market.