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The Global Biometric System Market 2014-2024 - Market Size and Drivers: Market Profile

  • March 2014
  • -
  • Strategic Defence Intelligence (SDI)
  • -
  • 42 pages

Synopsis
This report provides readers with a comprehensive analysis of the Biometric System market through 2014 - 2024, including highlights of the demand drivers and growth stimulators for Biometric System. It also provides an insight on the spending pattern and modernization pattern in different regions around the world.

Summary
The global biometric systems market is estimated to value US$3.6 billion in 2014 and increase at a CAGR of 6.88% during the forecast period, to reach its peak of US$6.9 billion by 2024.

Reasons To Buy
"The Global Biometric System Market 2014-2024 - Market Size and Drivers: Market Profile" allows you to:

- Gain insight into the Biometric System market with current and forecast market values.
- Understand the key drivers and attractiveness parameters of the global Biometric System market.
- Understand the various factors impacting the growth of the Biometric System market.

Table Of Contents

The Global Biometric System Market 2014-2024 - Market Size and Drivers: Market Profile
1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
2 Global Government Biometric Systems Market Size and Drivers
2.1 Biometric Systems Market Size and Forecast 2014-2024
2.1.1 Global government biometric systems market to show positive growth during the forecast period
2.2 Global Biometric Systems Market - Regional Analysis
2.2.1 North America dominates the global biometric systems market
2.2.2 Demand for fingerprint recognition systems in the US to drive the North American biometric systems market
2.2.3 Government biometrics expenditure in the Asia-Pacific region to witness substantial growth over the forecast period
2.2.4 E-Passports and national ID programs to drive the European spending on biometrics market
2.2.5 Markets in the Middle East to record robust spending on biometrics systems
2.2.6 Latin America set to be a lucrative market for biometric systems
2.2.7 Markets in Africa expected to increase over the forecast period
2.3 Government Biometric Systems Sub-Sector Market Size Composition
2.3.1 Biometric fingerprint identification expected to constitute the largest segment of expenditure
2.3.2 Facial recognition expected to constitute the second largest segment
2.3.3 Iris/Retinal recognition segment expected to rise at a CAGR of 5.79% during the forecast period
2.3.4 Signature recognition segment to account for 5.37% of biometric systems market
2.3.5 Market for other technologies to grow at a CAGR of 9.29% over the forecast period
2.4 Demand Drivers and Growth Stimulators
2.4.1 E-Passport and national identity card programs majorly driving the global biometrics market
2.4.2 Technological upgrades and advancements acting as a key driver for spending on the market
2.5 Defense Budget Spending Review
2.5.1 European capital expenditure expected to increase during the forecast period
2.5.2 Asian defense budgets expected to increase at a robust pace
2.5.3 North American defense expenditure projected to increase marginally during the forecast period
2.5.4 Modernization programs likely to drive defense expenditure in South American countries
2.5.5 Military budgets of African countries expected to increase during the forecast period
2.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
2.6 Defense Modernization Review
2.6.1 Debt crisis in Europe leading to postponement of modernization plans
2.6.2 Arms race in Asia reflected in modernization plans
2.6.3 North American modernization plans marginally affected by economic recession
2.6.4 Modernization programs in South America driven by replacement of obsolete armaments
2.6.5 African countries mainly spending on infantry weapons, and surveillance and monitoring equipment, to slow growing crime rate
2.6.6 Middle Eastern countries pursuing modernization of air force and air defense systems
3 Appendix
3.1 Methodology
3.2 About SDI
3.3 Disclaimer

List of Tables
Table 1: Global Biometric Systems Market Overview
Table 2: Global Government Biometric Systems Market Overview

List of Figures
Figure 1: Global Biometric Systems Market (US$ Billion), 2014-2024
Figure 2: Global Biometric Systems Market Breakdown by Region (%), 2014-2024
Figure 3: North American Biometric Systems Market (US$ Billion), 2014-2024
Figure 4: Asia-Pacific Biometric Systems Market (US$ Billion), 2014-2024
Figure 5: European Biometric Systems Market (US$ Billion), 2014-2024
Figure 6: Middle East Biometric Systems Market (US$ Million), 2014-2024
Figure 7: Latin American Biometric Systems Market (US$ Million), 2014-2024
Figure 8: African Biometrics Systems Market (US$ Million), 2014-2024
Figure 9: Biometric Systems Market Breakdown by Segment (%), 2014-2024
Figure 10: Fingerprints Recognition Market Size (US$ Billion), 2014-2024
Figure 11: Facial Recognition Market Size (US$ Billion), 2014-2024
Figure 12: Iris/Retinal Recognition Market Size (US$ Billion), 2014-2024
Figure 13: Signature Recognition Market Size (US$ Million), 2014-2024
Figure 14: Other Biometric Technologies Market Size (US$ Million), 2014-2024
Figure 15: Defense Capital Expenditure of Top Three European Defense Spenders (US$ Billion), 2014-2024
Figure 16: Defense Capital Expenditure of Top Three Asian Defense Spenders (US$ Billion), 2014-2024
Figure 17: Defense Capital Expenditure of Top North American Defense Spenders (US$ Billion), 2014-2024
Figure 18: Defense Capital Expenditure of Top Three South American Defense Spenders (US$ Billion), 2014-2024
Figure 19: Defense Capital Expenditure of Top Three African Countries (US$ Billion), 2014-2024
Figure 20: Defense Capital Expenditure of Top Three Middle Eastern Defense Spenders (US$ Billion), 2014-2024

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