Biometrics involves the authentication and identification of an individual on the basis of one or more unique biological traits such as fingerprint, facial, iris, voice, and vein recognition. Furthermore, biometric technologies are considered to be more reliable when compared with authentication via numeric codes and physical devices.
Scope of the Report:This report studies the Fingerprint Biometrics in VAR market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Fingerprint Biometrics in VAR market by product type and applications/end industries.
The non-AFIS segment will account for almost 90% of the total market share and will dominate fingerprint biometrics in the VAR market throughout the forecast period. Since non-AFIS systems facilitate secure employee monitoring, time and attendance management, and access control, they are widely used by enterprises. The rising adoption of non-AFIS technology in the automotive industry and its increasing implementation in public areas will have a positive impact on the growth of this market segment.
Owing to the increasing adoption of biometric fingerprints among end-users in the region, the Americas accounted for approximately 38% of the total market share. The growing need for security will lead to increased government spending on fingerprint biometric technology. Additionally, the rise in adoption of fingerprint recognition technology in airports for e-passports and visas will contribute to the growth of the biometric security systems industry in the next four years.
The global Fingerprint Biometrics in VAR market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Fingerprint Biometrics in VAR.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers Fulcrum Biometrics
Delaney Secure
Neurotechnology
360 Biometrics
AKSA Solution Development
AutoStar Technologies
Bayometric
Bromba Biometrics
California Peripherals and Components
Digital Data Systems
DYDEX-HS
Eyenetwatch
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Non-AFIS Technology
AFIS Technology
Market Segment by Applications, can be divided into Government Organizations
Large Enterprises
SMEs
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
