Seamless Biometric Market - Global Market to 2030
Seamless biometric is a multi-biometric enrollment for non-contact user authentication suitable for contactless authentication in various locations. For the seamless functioning of the biometric systems, high accuracy of recognition and the extremely efficient setup are required, which make it suitable for various corporate facilities to ensure security and heath.
The global seamless biometric market size is expected to grow from USD XX billion in 2024 to USD XX billion by 2030, at a CAGR of XX% during the forecasted period.
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Seamless Biometric Market Dynamics
DRIVERS: Biometric scanning provide high scalability and productivity
Modern biometric devices are highly scalable. There is a solution for different type of recognitions and method to maintain the security in various facilities. This advancement of technology encourages to scale its usage in all sectors and make it affordable for commercial and residential applications. Moreover, seamless biometric technology increases accountability by keeping accurate track of employee’s movement and activities. It enables the employee to give his best effort knowing that every contribution of his/her counts and secure, which increases the overall productivity of the organization.
Increase in investments in contactless biometric technologies by government and defense sector
Government across the world has been investing a significant amount of their resources to adopt various contactless biometric technologies such as iris recognition and facial recognition. The US and China are the leading adopter of facial recognition technology. Facial recognition and iris recognition technologies have been deployed by homeland security, federal and regional law enforcement departments, and other security agencies. These technologies helped them to solve various criminal investigations and ensure high level of safety and security in various departments. These technologies further drive the adoption of seamless biometric market in near future.
CHALLENGES: Data privacy concern in various western countries
Seamless biometric has become a cause for concern across several western democracies. In the UK, the police filed several cases against facial recognition technologies as they violate people’s privacy. According to these cases, biometric data gathered from the private sources were minimized and making the collection of the data from facial recognition illegal. This has led to the UK’s data protection watchdog urging the police to hold back the use of live facial recognition in public places until the government provides new legal guidelines for this technology. This pose a major challenge for the adoption of seamless biometric technology in various public and commercial places.
Key Market Players
The seamless biometric market is dominated by a few globally established players such as IDEMIA,
Recent Developments
- In July 2022, the government of India has started the first phase of Digi Yatra, which aims to achieve contactless, seamless processing of passengers at airports based on facial recognition technology.
- In June 2022, Vision-Box, a global industry leader in biometric recognition, digital identity, and seamless travel management, launched Seamless Kiosk. This is a latest solution built upon a new generation of biometric technology set to transform the travel experience. This is also conforming with Europe, US, and Canada’s disability acts.
- In October 2022, Lystloc, a software provider of Field Force Management app, launched Lystface is an AI-powered facial attendance app.
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TABLE OF CONTENTS
1 Introduction
1.1. Study Objectives
1.2. Definition
1.3. Study Scope
1.3.1. Markets Covered
1.3.2. Geographic Scope
1.3.3. Years Considered
1.4. Currency
1.5. Key Stakeholders
1.6. Summary of Changes
2 Research Methodology
2.1. Research Data
2.2. Secondary Data
2.2.1. Major Secondary Sources
2.2.2. Key Data from Secondary Sources
2.3. Primary Data
2.3.1. Key Data from Primary Sources
2.3.2. Key Participants in Primary Processes across Market Value Chain
2.3.3. Breakdown of Primary Interviews
2.3.4. Key Industry Insights
2.4. Market Size Estimation
2.5. Market Breakdown and Data Triangulation
2.6. Risk Analysis
2.7. Research Assumptions and Limitations
3 Executive Summary
4 Premium Insights
5 Industry Trends and Market Overview
5.1. Introduction
5.2. Value Chain Analysis
5.3. Market Dynamics
5.3.1. Drivers
5.3.2. Restraints
5.3.3. Opportunities
5.3.4. Challenges
5.4. Value Chain Analysis
5.5. Market Ecosystem
5.6. Pricing Analysis
5.6.1. Average Selling Price (ASP) of Key Players
5.6.2. Average Selling Price (ASP) Trends
5.7. Trends/Disruptions Impacting Customers
5.8. Technology Analysis
5.9. Key Stakeholders and Buying Criteria
5.9.1. Key Stakeholders and Buying Process
5.9.2. Buying Criteria
5.10. Porter’s Five Forces Analysis
5.11. Case Study Analysis
5.12. Patent Analysis
5.13. Trade Analysis
5.14. Tariffs and Regulatory Landscape
5.14.1. Regulatory Bodies, Government Agencies, and Other Organization
5.14.2. Regulations & Standards
6 Seamless Biometric Market, By Technology
6.1. Introduction
6.2. Iris Recognition
6.3. Hand Recognition
6.4. Palm Recognition
6.5. Finger Recognition
6.6. Voice Recognition
7 Seamless Biometric Market, By Offering
7.1. Introduction
7.2. Hardware
7.3. Software
7.4. Services
8 Seamless Biometric Market, By Industry
8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. BFSI
8.5. Consumer Electronics
8.6. Government
8.7. Healthcare
8.8. Retail & E-commerce
8.9. Others
9 Automotive Oxygen Sensors Market, By Region
9.1. Introduction
9.2. North America
9.2.1. US
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. UK
9.3.2. Germany
9.3.3. France
9.3.4. Italy
9.3.5. Rest of Europe
9.4. APAC
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. Rest of APAC
9.5. RoW
9.5.2. South America
9.5.2. Middle East
9.5.3. Africa
10 Competitive Landscape
10.1. Overview
10.2. 5-Year Revenue Analysis- Top 5 Companies
10.3. Market Share Analysis: Seamless Biometric Market (Top 5)
10.4. Company Evaluation Quadrant, 2021
10.4.1. Star
10.4.2. Pervasive
10.4.3. Participant
10.4.4. Emerging Leader
10.5. Startup/SME Evaluation Quadrant, 2021
10.5.1. Progressive Companies
10.5.2. Responsive Companies
10.5.3. Dynamic Companies
10.5.4. Starting Blocks
10.5.5. Startup/ SME Data Table
10.6. Company Footprint
10.7. Competitive Benchmarking
10.8. Competitive Situations and Trends
11 Company Profiles
11.1. Introduction
11.2. Key Players
11.2.1. ASIS Technologies
11.2.2. Aware Inc.
11.2.3. Fingerprint Cards AB
11.2.4. Fujitsu Limited
11.2.5. Gemalto N.V.
11.2.6. HID Global
11.2.7. IDEMIA
11.2.8. Innovatrics
11.2.9. NEC Corporation
11.2.10. Vision-Box
11.3. Other Key Player
12 Adjacent & Related Market
13 Appendix
Note: The above-mentioned Table of Content is tentative and might change during course of research study.
Growth opportunities and latent adjacency in Seamless Biometric Market