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Biometrics Technology Market Analysis, Market Size, Share,


Regional Outlook, Growth, Trends, Competitive Scenario
And Segment Forecasts 2012 To 2020

Industry Insights
Increasing demand of high level of security in different industries is the key factor driving the growth of
the biometric technology. Biometric technology deals with the security purpose implied in a system
which uses identical human characteristic such as face, hand geometry, voice, signature, iris, vein, DNA
and finger print. Increasing number of terror attacks and crimes has forced to develop such system
which provides high level of security.
Traditional security provided by username, password, PIN, Patterns and tokens are vulnerable to
attacks. Furthermore, Biometric technology uses physiological and behavioural characteristics, unique in
each individual for identification hence it provides high level of security which is expected to impact the
market growth. Security level is increased owing to these unique characteristics which can not be copied
or stolen easily and hence is expected to augment the market growth.
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Advance technology application such as e-passport in government sector uses biometric technology to
provide security. Growth in e-passport program, government support, use of biometric technology in
banking, healthcare, smartphones, election administration and extensive use in criminal identification
and growing need for large scale surveillance at public gatherings are the major key drivers for the
growth of the biometric technology market.
However, High cost of systems and fear of privacy intrusion is expected to restraint the market over
forecast period. Cloud computing for biometric technology and use of biometric technology in ecommerce are the key opportunities for the growth. Long time frame for implementation and
interoperability with other technologies are expected to challenge the biometric technology market.
Application Insights
Biometric technology is used in the form of different human characteristics. Application includes face,
hand geometry, voice, signature, iris, AFIS and non-AFIS. AFIS and non-AFIS segment are the key
applications, expected to increase the biometric technology market. Face recognition biometric
technology is used by smartphone or computers inbuilt camera by retailers, marketers, law
enforcement procedures and others.
Hand geometry technology is more viable and can work in the harshest of environments, both internal
and external. This technology facilitates large number of users in huge factory, warehouse, and retail
settings, expected to impact the market growth positively Voice recognition uses software compiled
with hardware and is used in military (fighter jets), healthcare, personal computing (hands-free
computing) and telecommunications.
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Iris authentication involves recognition of the picture of iris used in access control, time & attendance,
public safety, transportation and immigration and national identity. AFIS and non-AFIS cover the largest
part of the biometric technology market growth due to easy access of fingerprint recognition
technology. AFIS and non AFIS are used mainly in real time attendance system in any organization.
These applications are anticipated to increase the market growth over the forecast period.
End-Use Insights
Defence, government, travel & immigration, banking & finance, consumer electronics, home security,
healthcare and commercial security government & transportation are expected to be the key end use

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segments over the forecast period. Increasing need and demand for the security in government offices
and departments and increasing terror attacks at public transportation places are going to augment the
market growth in near future. Commercial segment is expected to witness the significant growth owing
to need of security at financial institutes and enterprises.
However cost of the system is expected to challenge the growth in enterprise sector. Healthcare
segment is expected to witness growth due to technological advancements and needed protection of
patent privacy, false insurance claims and other frauds. All the end use segments are expected to grow
at different rate owing to respective technological advancements with the growing needs.
Regional Insights
North American countries such as the US, Canada and Mexico are the largest market for biometric
technology solutions due to the early technological advancements. In US, this technology is used at
various places such as homeland security, defence, commerce and others. Owing to the increasing
awareness of biometric technology, Asia Pacific countries such as Japan, china, India, Korea and
Australia are expected to witness fastest growth in coming years. European countries UK, Italy, Germany
and France are expected to show significant growth in coming six years. Increasing terror attacks in all
over the world is going to drive the biometric technology market globally.
Competitive Insights
3M, Fingerprint Cards AB, Facebanx, Cross Match Technologies Inc., RCG Holdings Limited, Fulcrum
Biometrics, Siemens AG, NEC Corporation, Suprema Inc., Safran SA, Fujitsu Ltd., Validsoft Uk Ltd and
Thales SA are the key players in biometric technology solutions market. 3M Cognet provides wide range
of palmprint & fingerprint identification products. And it has entered into the partnership with Siemens,
blackberry, Accenture, Lookheed and Martin to make use of biometric technology into their products
which is going to impact the global players.
Table of Contents
Chapter 1. Executive Summary
1.1. Biometrics Technology - Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Biometrics Technology Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects

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2.3. Biometrics Technology Value Chain Analysis
2.4. Biometrics Technology Market Dynamics
2.5. Key Opportunities Prioritized
2.6. Industry Analysis - Porter's
2.7. Biometrics Technology - Company Market Share Analysis, 2013
2.8. Biometrics Technology Market PESTEL Analysis, 2013
Chapter 3. Biometrics Technology Application Outlook
3.1. Face
3.2. Hand Geometry
3.3. Voice
3.4. Signature
3.5. Iris
3.6. Automated Fingerprint Identification System (AFIS)
3.7. Non AFIS
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Chapter 4. Biometrics Technology End-Use Outlook
4.1. Government
4.2. Defense & Security
4.3. Consumer Electronics
4.4. Banking & Finance
4.5. Healthcare
4.6. Residential
4.7. Commercial
4.8. Transportation
4.9. Others
Chapter 5. Biometrics Technology Regional Outlook
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. RoW

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Chapter 6. Competitive Landscape
6.1 3M Cogent
6.2 Accu-time Systems
6.3 BIO-key International
6.4 CMI Time Management
6.5 David-Link
6.6 EyeVerify
6.7 FaceFirst
6.8 Green Bit Biometric Systems
6.9 Iris ID
Chapter 7. Methodology and Scope
7.1. Research Methodology
7.2. Research Scope & Assumption
7.3. List of Data Sources
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research and consulting services to a host of key industries across the globe. We offer comprehensive
business intelligence in the form of industry reports which help our clients obtain clarity about their
business environment and enable them to undertake strategic growth initiatives.
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