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Global Biometric System Market by Component (Hardware, Software) by Authentication (Single-factor authentication, Multi-factor authentication) – Business Overview, Analysis and Industry Forecast 2017-2023

 Semiconductors and Electronics

Report Overview

Global Biometric System Market was valued at USD XX Billion in the year 2017. Thales Group, Fujitsu, Safran, Secunet Security Networks, NEC CORPORATION, Assa Abloy, Cross Match Technologies, Precise Biometrics, Aware, Inc., Stanley Black & Decker, are some of the key players in the Global Biometric System market.

Global Biometric System market is further estimated to grow at a CAGR of XX% from 2018 to reach USD XX Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, the China, Japan, and India are projected to grow strongly in the coming years.


Rising necessity for Security and Surveillance owing to the threats of Terrorist Attacks


High Deployment Cost


Technological Advancements and Upgrades


Data Breach and threats of privacy

The Global Biometric System Market is segmented on the basis of Component, Authentication, Application, and Region. The major shares of the market come from Travel and Immigration, by Application in Global Biometric System Market. On the other hand, Hardware, by Component for this market is expected to grow at XX% CAGR during the year 2018-2023.

Key Benefits for Stakeholders

Biometric hardware and software manufacturers

Biometric system manufacturers

Biometric technology-enabled product manufacturers

Sensor manufacturers, Software solution providers, and component suppliers

By Component



By Authentication

Single-factor authentication

Multifactor authentication

By Application

Banking and finance

Security (residential security and commercial security)



Military and defense

Travel and Immigration

Consumer electronics



By Region

North America




Key Market Players

Thales Group



Secunet Security Networks


Assa Abloy

Cross Match Technologies

Precise Biometrics

Aware, Inc.

Stanley Black & Decker

(A brief overview of 10 companies is also provided in the report.)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1.      Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2.      Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3.      To avoid bias, we filter the collected data collected from authenticated sources.
  4.      GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5.      Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6.      Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

    Key Data from Secondary Research

       2.1.2. Primary Research

    Key Data from Primary Research

    Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottom-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Global Biometric System Market, By Component

6.1. Hardware

6.2. Software

7. Global Biometric System Market, By Authentication

7.1. Single-factor authentication

7.2. Multifactor authentication

8. Global Biometric System Market, By Application

8.1. Banking and finance

8.2. Security (residential security and commercial security)

8.3. Healthcare

8.4. Government

8.5. Military and defense

8.6. Travel and Immigration

8.7. Consumer electronics

8.8. Automotive

8.9. Others

9. Geographical Analysis

9.1. Introduction

9.2. North America

       9.2.1. U.S.

       9.2.2. Canada

       9.2.3. Mexico

9.3. Europe

       9.3.1. U.K.

       9.3.2. Germany

       9.3.3. France

       9.3.4. RoE

9.4. Asia Pacific

       9.4.1. South Korea

       9.4.2. China

       9.4.3. Japan

       9.4.4. RoAPAC

9.5. RoW

       9.5.1. Latin America

       9.5.2. Middle East and Africa

10. Company Profiles

(Business Overview, Financial Overview, Product write up, Recent Developments)

10.1. Thales Group

10.2. Fujitsu

10.3. Safran

10.4. Secunet Security Networks


10.6. Assa Abloy

10.7. Cross Match Technologies

10.8. Precise Biometrics

10.9. Aware, Inc.

10.10. Stanley Black & Decker

(A brief overview of 10 companies is also provided in the report.)

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions        

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)


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