Biometric in Government Market Overview
A Biometric system refers to biological information in order to identify the individual that is being used by technology. This system allows for organizations to produce a statistical analysis of people's physical and behavioural characteristics. So biometric authentication states every individual's individuality and may be outlined by its distinct behavioural and physical traits.
Government initiatives for adopting biometrics, the need for surveillance is growing and increased usage of biometrics is responsible for providing seamless access over different applications in consumer electronic devices square measure the factors driving the expansion of the biometric system market. Prices imposed on deployment are restraining the biometric system market. The event of technology acts as an opportunity. Considerations on data security and privacy are one of the challenges faced by the biometric system market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Technology, Industry Vertical, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Accenture PLC, ASSAABLOYAB, Fujitsu Ltd., Idemia, NEC Corporation, Nuance Communications Inc., Thales Group, Stanley Convergent Security Solutions Inc., Leidos Holdings, Megvi Aware Inc. |
The covid-19 Impact on Biometric in Government Market:
Like totally different completely different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in precisely a few of weeks, resulting in the forced conclusion of manufacturing and transportation activities at intervals and across the countries. This has directly affected the growth of the world. It's enumerable that COVID-19 to depart over USD thirty Million impacts on the physics and semiconductor trade. Calculable is majorly affected due to transport restrictions on major physics and semiconductor staple suppliers. However, the rising need for semiconductors in several industries will provide fast market recovery over the longer-term amount.
Biometric in Government Market Segment Overview
By Technology, Face recognition segment accounted major market share in forecast period. The increasing consumer electronics market will spur the demand for biometrics that guarantee accurate user authentication. Exploitation is in addition exploitation face recognition technology to trace criminals. The Metropolitan Police presently uses disease Corporation’s NeoFace Live face recognition technology to capture pictures and compare them with pictures images on the watch list. It measures the structure of every face additionally because the distance between the mouth, jaw, nose, and eyes to form a facial guide.
By Industry Verticals, BFSI segment accounted major market share in forecast period. The modernizing BFSI sector biometrics region, adopting pictures to authenticate individuals to prevent fraud in financial transactions. Fingerprint-based sensible cards are gaining quality within the region thanks to owing to security and convenience. Companies, like MasterCard and Visa, are introducing biometric cards in response to the high demand from customers.
Market Analysis, Insights and Forecast – By Technology
· Face recognition
· Fingerprint
· Palm print
· Iris
· Voice
· Signature
· Others
Market Analysis, Insights and Forecast – By Industry Verticals
· BFSI
· Government And Public Sector
· Telecommunication
· Healthcare
· Transport & Logistics
· Media & Entertainment
· Other
Biometric in Government Market Regional Overview
Region-wise, in terms of regions, North America will dominate the biometric system market because of the growth within the adoption of smart technologies and because of the rapid growth in digitalization within the region throughout the forecast period of 2020-2027, the biometric market can lead to a highest CAGR.
Biometric in Government Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Biometric in Government Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Biometric in Government are highlighted below.
· In 2020, the South Korean government announced that it'll deploy technologies, like an artificial Intelligence (AI) primarily based facial identification system and a QR code pass card, to boost access management in public buildings within the region. Government organizations area unit supporting the development and implementation of biometrics to enhance public safety, which will augment the industry's progression.
Biometric in Government Market, Key Players
· Accenture PLC
· ASSA ABLOY AB
· Fujitsu Ltd.
· Idemia
· NEC Corporation
· Nuance Communications Inc.
· Thales Group
· Stanley Convergent Security Solutions Inc.
· Leidos Holdings
· Megvi Aware Inc.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Biometric in Government market during the forecast period?
Biometric in Government market is expected to record a CAGR of ~13.5% during the forecast period
Q2. Which segment is projected to hold the largest share in the Biometric in Government Market?
BFSI segment is projected to hold the largest share in the Biometric in Government Market.
Q3. What are the driving factors for the Biometric in Government market?
The growing demand for security and digitalization with advanced analytics is key factors that boost the growth of the Biometric in Government market progressively.
Q4. Which Segments are covered in the Biometric in Government market report?
Technology, Industry Vertical, and Region, these segments are covered in the Biometric in Government market report.
Q5. Which are the prominent players offering Biometric in Government?
Accenture PLC, ASSA ABLOY AB, Fujitsu Ltd., Idemia, NEC Corporation, Nuance Communications Inc., Thales Group, Stanley Convergent Security Solutions Inc., Leidos Holdings, Megvi Aware Inc.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Biometric in Government Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Technology
- 5.2.1. Face recognition
- 5.2.2. Fingerprint
- 5.2.3. Palm print
- 5.2.4. Iris
- 5.2.5. Voice
- 5.2.6. Signature
- 5.2.7. Others
- 5.3. Market Analysis, Insights and Forecast – By Industry Verticals
- 5.3.1. BFSI
- 5.3.2. Government And Public Sector
- 5.3.3. Telecommunication
- 5.3.4. Healthcare
- 5.3.5. Transport & Logistics
- 5.3.6. Media & Entertainment
- 5.3.7. Other
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East, and Africa
6. North America Biometric in Government Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Technology
- 6.2.1. Face recognition
- 6.2.2. Fingerprint
- 6.2.3. Palm print
- 6.2.4. Iris
- 6.2.5. Voice
- 6.2.6. Signature
- 6.2.7. Others
- 6.3. Market Analysis, Insights and Forecast – By Industry Verticals
- 6.3.1. BFSI
- 6.3.2. Government And Public Sector
- 6.3.3. Telecommunication
- 6.3.4. Healthcare
- 6.3.5. Transport & Logistics
- 6.3.6. Media & Entertainment
- 6.3.7. Other
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Biometric in Government Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Technology
- 7.2.1. Face recognition
- 7.2.2. Fingerprint
- 7.2.3. Palm print
- 7.2.4. Iris
- 7.2.5. Voice
- 7.2.6. Signature
- 7.2.7. Others
- 7.3. Market Analysis, Insights and Forecast – By Industry Verticals
- 7.3.1. BFSI
- 7.3.2. Government And Public Sector
- 7.3.3. Telecommunication
- 7.3.4. Healthcare
- 7.3.5. Transport & Logistics
- 7.3.6. Media & Entertainment
- 7.3.7. Other
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Biometric in Government Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Technology
- 8.2.1. Face recognition
- 8.2.2. Fingerprint
- 8.2.3. Palm print
- 8.2.4. Iris
- 8.2.5. Voice
- 8.2.6. Signature
- 8.2.7. Others
- 8.3. Market Analysis, Insights and Forecast – By Industry Verticals
- 8.3.1. BFSI
- 8.3.2. Government And Public Sector
- 8.3.3. Telecommunication
- 8.3.4. Healthcare
- 8.3.5. Transport & Logistics
- 8.3.6. Media & Entertainment
- 8.3.7. Other
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Biometric in Government Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Technology
- 9.2.1. Face recognition
- 9.2.2. Fingerprint
- 9.2.3. Palm print
- 9.2.4. Iris
- 9.2.5. Voice
- 9.2.6. Signature
- 9.2.7. Others
- 9.3. Market Analysis, Insights and Forecast – By Industry Verticals
- 9.3.1. BFSI
- 9.3.2. Government And Public Sector
- 9.3.3. Telecommunication
- 9.3.4. Healthcare
- 9.3.5. Transport & Logistics
- 9.3.6. Media & Entertainment
- 9.3.7. Other
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Accenture PLC
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. ASSA ABLOY AB
- 10.6. Fujitsu Ltd.
- 10.7. Idemia
- 10.8. NEC Corporation
- 10.9. Nuance Communications Inc.
- 10.10. Thales Group
- 10.11. Stanley Convergent Security Solutions Inc.
- 10.12. Leidos Holdings
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
