Biometrics Extended by Affective Computing: Technologies and Global Markets

Report Code: IFT042G

Publish Date: Jun 2022

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

The global biometrics market reached $21.6 billion in 2021 and should reach more than $44.7 billion in 2026, with a compound annual growth rate (CAGR) of 15.7% during the forecast period of 2021-2026.

Report Includes

  • 43 data tables and 10 additional tables
  • An up-to-date overview and analysis of the global markets for biometrics technologies and devices
  • Analyses of the global market trends, with data from 2020-2021, estimates for 2022 and 2024, and projections of compound annual growth rates (CAGRs) through 2026
  • Evaluation and forecast the global/regional market size for biometrics, and corresponding market share analysis by biometrics type, technology, application, end user, and geographic region
  • In-depth information (facts and figures) concerning market drivers, challenges and issues, and other macroeconomic forces influencing the progress of global biometrics market
  • Insight into the recent government regulations, current trends and technological updates in biometrics and affective computing technologies that can shape the future marketplace
  • Review of the patent grants and innovations covering biometrics and affective computing technologies across each major category
  • Latest information on key merger and acquisition deals, agreements and collaborations within the global biometrics industry
  • Company profiles of major players within the industry, including Aratek Biometrics Technology Co. ltd, ASSA abloy AB, Fingerprint cards AB and Fujitsu ltd.

Report Scope

This report studies the global as well as regional markets for biometric technologies and devices, identifying newer markets and exploring the expansion of the current application market for various types of biometric devices. A realistic five-year forecast has been made for the future global markets for different types of biometric technologies and devices. The applications for each type of biometric technology are discussed to establish global as well as regional usage. A future forecast has been made for such applications.

The market is divided on the basis of biometric technologies including fingerprint, face recognition, iris recognition, vein recognition, voice/speech recognition, and others. Applications for the market are segmented into identification, access control, and security. The present biometrics market offers an opportunity to stakeholders largely because of a surge in biometric software services and the increased use of the internet for digital identification.

This report highlights different types of biometrics, which include contact-based and contactless biometrics. In addition, the report also offers a major regional analysis of North America, Europe, Asia-Pacific, the Middle East, and Africa. The estimated and forecast market revenue considered in this report is the summation of prices for software, hardware, and subscription services.

The report also studies the product and technology life cycles of various types of biometric devices and the methods employed by different manufacturers and users in maintaining ecological balance. Also discussed are the several types of recently developed biometric technologies that are becoming more popular in various applications. The report also profiles the major manufacturers and suppliers of biometric devices and looks at the mergers and acquisitions in this field.

COVID-19 has had a massive impact on society since the start of 2020. This report considers the impact of COVID-19 and the economic slowdown it created. With people relying more on technology, cyberattacks have increased. It is expected that the demand for biometrics solutions will increase and boost the biometrics market.

This report has been prepared in a simple easy-to-understand format, with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of biometric devices, with reasons given for variations in the growth of the industry in certain regions. The report examines each type of biometric technology, determines its current market size, and estimates its future market. The report also analyzes the market from the manufacturers’ viewpoint as well as that of the final consumer. A number of technical issues arising out of the utilization of biometric technologies are discussed, and solutions are indicated. The use of biometric technologies in government and public sector institutions is discussed in detail, along with the markets for these sectors.

Report Synopsis

Report Metrics Details
Base year considered 2020
Forecast period considered 2021-2026
Base year market size $19.4 billion
Market size forecast $44.8 billion
Growth rate CAGR of 15.7% for the forecast period of 2021-2026
Units considered $ Millions
Segments covered technology, end-user, biometrics type, application, and region
Regions covered North America, Europe, Asia-Pacific, the Middle East, and Africa
Countries covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Russia, China, Japan, India, Australia, South America, Middle East, and Africa
Key Market Drivers
  • Increasing government initiatives to adopt biometrics
  • High demand from the consumer electronics industry for authentication and identification applications
  • Rising need for digital security
Companies studied
01 SYSTEMS W.L.L4G IDENTITY SOLUTIONS PRIVATE LTD. (4GID)
ACCU-TIME SYSTEMS INC.ACUITY SYSTEMS INC.
AFFECTIVAALLTRUST NETWORKS
ANIMETRICS INC.ANVIZ GLOBAL INC.
APPLE INC.ARATEK BIOMETRICS TECHNOLOGY CO. LTD.
ASCERTIA LTD.ASSA ABLOY AB
ATOS SEATR SYSTEMS INC.
AUDEERING GMBHAURAYA SYSTEMS
AWARE INC.AYONIX
BARSKA BIOMETRICSBAYOMETRIC
BEHAVIOSEC INC.BIOCATCH LTD.
BIOCONNECT INC.BIODIT LTD.
BIOENABLE TECHNOLOGIES PVT. LTD.BIO-GATE AG
BIOID GMBHBIO-KEY INTERNATIONAL INC.
BIOLINK SOLUTIONSBIOMETRIC SIGNATURE-ID
BIOMETRICA SYSTEMS INC.BIORUGGED
CANON EUROPE LTD.CASHFLOWS EUROPE LTD.
CAUSEWAY TECHNOLOGIES (FORMERLY AURORA COMPUTER SERVICES)CERTIFY GLOBAL INC.
CMITECH CO. LTD.COGNITEC SYSTEMS GMBH
COMMUNICATION INTELLIGENCE CORP.CREDENCE ID
CROSS MATCH TECHNOLOGIES INC.CRUCIALTEC CO. LTD.
DAON INC.DEEPNET SECURITY
DERMALOG IDENTIFICATION SYSTEMS GMBHDESCARTES BIOMETRICS
DIAMOND FORTRESS TECHNOLOGIESDIGITUS BIOMETRICS INC.
EGIS TECHNOLOGY INC.EKEY BIOMETRIC SYSTEMS GMBH
ESSL SECURITYEYELOCK INC.
FACEBANXFACEFIRST LLC.
FACEPHIFUJITSU
FACE TEC LTD.FAIR ISAAC CORP. (FICO)
FINGERPRINT CARDS ABFOTONATION INC.
FUTRONIC TECHNOLOGY CO. LTD.GOODIX TECHNOLOGY INC.
GRIAULE BIOMETRICSHERTA SECURITY S.L.
HID GLOBALHITACHI LTD.
HONEYWELL COMMERCIAL SECURITYHUMAN RECOGNITION SYSTEMS
IDEMIAIDENTIV
IDENTIMETRICS INC.IDENTYTECH SOLUTIONS AMERICA LLC.
IDEX BIOMETRICS ASAIDLINK SYSTEMS PTE. LTD.
IEVO LTD.IMAGEWARE SYSTEMS INC.
INNOVATRICS S.R.O.JOHNSON CONTROLS
JUMIO CORP.LOCKHEED MARTIN CORP.
NEC CORP. OF AMERICANEUROTECHNOLOGY
NUANCE COMMUNICATIONS INC.ONEVAULT
ONFIDOPLURILOCK SECURITY SOLUTIONS INC.
PRECISION BIOSCIENCESGESTURETEK
SPEED IDENTITY ABSTANLEY BLACK & DECKER
STERLING IDENTITYSUPREMA INC.
THALESGLOBAL ENTERPRISE TECHNOLOGIES CORP.
TOUCHLESS BIOMETRIC SYSTEMS AGVOICEPIN
ZETES INDUSTRIES SA/NVZKTECO
ZWIPE AS
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BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Biometrics Extended by Affective Computing: Technologies and Global Markets200Free
Chapter- 1: Introduction12Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Technology Background and Overview27Free
Chapter- 4: Market Breakdown by Technology27Free
Chapter- 5: Market Breakdown by Biometrics Type6Free
Chapter- 6: Market Breakdown by End User12Free
Chapter- 7: Market Breakdown by Application7Free
Chapter- 8: Market Breakdown by Region36Free
Chapter- 9: Competitive Landscape16Free
Chapter- 10: Company Profiles52Free
Chapter- 11: Appendix: Acronyms3Free
Published - Nov-2019| Analyst - Srinivasa Rajaram| Code - IFT042F

Report Highlights

The global market for biometric technologies should grow from $25.8 billion in 2019 to $71.7 billion by 2024 at a compound annual growth rate (CAGR) of 22.7% for the period of 2019-2024.

Report Includes

  • 84 data tables
  • Brief overview of the biometrics and affective computing technologies in various applications
  • Analyses of the global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
  • Quantitative and qualitative study of biometric technologies by product type, application, end user industry, deployment type, and major geographical region
  • Insight into government regulations, current trends and technological updates within biometrics that can shape future marketplace
  • A relevant patent analysis covering biometrics and affective computing technological innovations
  • Company profiles of leading biometric equipment manufacturers and their product portfolios
  • Company profiles of major global players Apple Inc., Bayometric, Cmitech Co. Ltd., Denso Wave Inc. and Union Community Co. Ltd.
Published - Jan-2016| Analyst - Srinivasa Rajaram| Code - IFT042E

Report Highlights

The global market for biometric technologies totaled $14.9 billion in 2015 and is expected to reach $41.5 billion by 2020 increasing at a compound annual growth rate (CAGR) of 22.7% from 2015 to 2020.

Report Includes

  • An overview of the market for biometric technologies, including fingerprint, face, iris, vein, and voice technologies.
  • Analyses of market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.
  • Information on product life cycles and technology life cycles of various types of biometric devices and the methods employed by different manufacturers and users in maintaining ecological balance
  • Discussion covering the variations in the growth of the industry in certain regions.
  • Information on the latest merger and acquisition activity in the industry
  • Profiles of major manufacturers and suppliers of biometric devices

Published - Jan-2014| Analyst - Srinivasa Rajaram| Code - IFT042D

Report Highlights

The global market for biometric technologies is estimated to be $8.7 billion in 2013. In 2014, the forecasted revenues will likely reach almost $11.2 billion and $27.5 billion by 2019, demonstrating a compound annual growth rate (CAGR) of 19.8%.

Report Includes

  • An overview of the market for biometric technologies, including fingerprint, face, iris, vein, and voice technologies.
  • Analyses of market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
  • Discussion covering the variations in the growth of the industry in certain regions.

Published - Nov-2010| Analyst - Srinivasa Rajaram| Code - IFT042C

Report Highlights

  • The global market for various biometric technologies is poised for sustained growth throughout the forecast period. This market is estimated at $5 billion in 2010 and is expected to reach a value of nearly $12 billion by 2015, a compound annual growth rate (CAGR) of 18.9%.
  • The market for AFIS and fingerprint biometric technologies account for the greatest share of the global biometrics market and is forecast to continue to be the main source of overall market revenues from 2010 to 2015 and beyond. This sector is valued at $2.7 billion in 2010 and is expected to increase at a 19.6% compound annual growth rate (CAGR) to reach nearly $6.6 billion in 2015.
  • Face, iris, vein, and voice recognition biometric technologies together form the second largest segment. This sector is worth an estimated $1.4 billion in 2010 and is expected to reach $3.5 billion in 2015, a compound annual growth rate (CAGR) of 19.9%.
Published - Dec-2007| Analyst - Nirav Dalal| Code - IFT042B

Report Highlights

  • The global market for biometrics increased from $1.95 billion in 2006 to an estimated $2.7 billion by the end of 2007. It should reach $7.1 billion by 2012, a compound annual growth rate of 21.3%.
  • Fingerprint biometrics will continue to be the main revenue contributor from 2007 to 2012 and even beyond this time frame.
  • The public sector, comprising government and federal departments, law enforcement, military and transport and aviation markets, will be the main user segment of biometric technology.

Published - Jun-2003| Analyst - Okereke Chima| Code - IFT042A

Report Highlights

  • The total market will grow to just under $3.4 billion by 2007.
  • By far, the leader is finger scan (FIS) technology with a market share of 80%.
  • Facial and voice scan technologies have higher growth rates than FIS.
  • Iris and retina scans will have AAGRs of 18.8% and 19.8%, respectively.

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Biometrics Extended by Affective Computing: Technologies and Global Markets
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