1. Market Research
  2. > IT Infrastructure
  3. > Security Systems Market Trends
  4. > Biometrics for Enterprise Applications: Doorway to Desktop, Enterprise IT Security, Identify Persons of Interest, Personalized Hospitality/Entertainment, Physical Building Access, and Time and Attendance - Market Analysis and Forecasts

Biometrics technologies fit every industry. Regardless of the vertical market, companies have IT systems that require logon, physical facilities with restricted access, or employees who clock-in and clock-out. Biometrics can make all of those processes faster and more secure. The emergence of cloud computing, bring your own device (BYOD), and other scenarios mean that many times, system users are not in a controlled environment. Stolen passwords are more dangerous than ever but biometrics can mitigate that risk. Likewise, biometrics can mitigate physical risks such as stolen or shared building access cards and buddy-punching time clocks. Biometrics can make a difference in just about any industry.

The enterprise use cases for biometrics are already understood: for example, system logon, building access, and clocking in. However most have only recently have been attempted with biometrics. Among these use cases, logging on to enterprise IT systems is by far the largest and is often satisfied with an inexpensive software solution or with fingerprint readers, among the most affordable biometrics hardware. Therefore, the horizontal enterprise biometrics market is relatively small compared to industry-specific markets: starting from a base of $183 million in 2015, Tractica forecasts that global enterprise biometrics revenue will reach $1.7 billion by 2024, with cumulative revenue for the 10-year period totaling $7.9 billion at a compound annual growth rate (CAGR) of 28%. Nearly every biometrics vendor has something to offer for these use cases, but most vendors focus on specific industries. With moderate revenues and vendors focused on verticals, it is likely that enterprise use cases will be addressed opportunistically.

This Tractica report examines the market for enterprise applications for biometrics horizontally across all industries, including 10-year forecasts for the period from 2015 through 2024. The report examines five use cases that can occur in any industry, plus a specialized use case for personalized hospitality and entertainment. The report forecasts revenue, device shipments, and software licensing volumes. Within each world region, market forecasts are further segmented by biometric modality and use case. The report also includes profiles of 37 key industry players in the enterprise biometrics market.

Table Of Contents

Biometrics for Enterprise Applications: Doorway to Desktop, Enterprise IT Security, Identify Persons of Interest, Personalized Hospitality/Entertainment, Physical Building Access, and Time and Attendance - Market Analysis and Forecasts
SECTION 1 2
Executive Summary 2
1.1 The Enterprise Biometrics Market . 2
1.2 Market Forecast . 3
SECTION 2 5
Market Issues . 5
2.1 Market Overview 5
2.2 Scope of This Report .. 5
2.3 Market Drivers . 5
2.3.1 Common Drivers of Biometrics in All Industries . 5
2.3.2 Harder to Compromise than Passwords 6
2.3.3 Cyber Espionage 7
2.3.4 Cloud Computing 7
2.3.5 Bring Your Own Device .. 7
2.3.6 Physical Access Improvements .. 8
2.3.7 Reduced Buddy-Punching . 8
2.3.8 Stronger Authentication Enables New Use Cases 8
2.3.9 Unified Access . 9
2.3.10 Laptop and Mobile Device Thefts 9
2.3.11 Security Breach Notification Laws 10
2.3.12 Harder to Spoof .. 10
2.4 Market Barriers . 10
2.4.1 Common Barriers in Biometrics Markets . 10
2.4.2 Little or No Metrics to Understand Impact .. 11
2.4.3 Cultural Divide between IT Security and Physical Security .. 11
2.4.4 Personalized Hospitality Use Case Is Likely to Remain a Niche 11
2.5 Key Enterprise Biometrics Use Cases . 12
2.5.1 Doorway to Desktop .. 12
2.5.2 Enterprise IT Security 12
2.5.3 Identify Persons of Interest . 13
2.5.4 Personalized Hospitality/Entertainment .. 13
2.5.5 Physical Building Access . 13
2.5.6 Time and Attendance 14
2.6 Regulatory Issues .. 14
2.6.1 Personal Data Privacy Laws . 14
2.6.2 Protected Health Information Requirements . 14
2.6.3 Financial Data Privacy Regulations .. 15
SECTION 3 . 16
Technology Issues 16
3.1 Technology Overview 16
3.1.1 Freedom of Choice . 16
3.1.2 Integration into Larger Solutions . 16
3.1.3 Technology Differentiators . 17
3.2 Key Biometrics Modalities for Enterprise Use Cases 18
3.2.1 ECG Wristband . 18
3.2.2 Eye White Recognition . 18
3.2.3 Facial Recognition on Mobile Devices . 19
3.2.4 Strong Fingerprint 19
3.2.5 Consumer Device Fingerprint 20
3.2.6 Hand Geometry 20
3.2.7 Standalone Device Iris Recognition .. 21
3.2.8 Mobile Device Iris Recognition . 22
3.2.9 Finger Vein Imaging .. 22
3.2.10 Speech Recognition . 23
3.2.11 Voice Recognition . 23
3.3 Accuracy of Biometric Modalities 24
3.3.1 Enrollment Rates . 25
3.3.2 False Reject Rates . 25
3.3.3 False Accept Rates 25
3.3.4 Cancelable Identities . 26
3.4 Response Time 26
SECTION 4 . 28
Key Industry Players 28
4.1 3M Cogent .. 28
4.2 Agnitio .. 28
4.3 Auraya .. 29
4.4 Aurora Biometrics 29
4.5 BioAXS Co. Ltd. .. 30
4.6 BIO-key International 31
4.7 Cenmetrix 31
4.8 Cognitec .. 32
4.9 Crossmatch 32
4.10 EyeVerify . 33
4.11 FaceFirst . 33
4.12 Fujitsu 34
4.13 Grabba . 35
4.14 HID Global (Lumidigm) . 35
4.15 Hitachi .. 36
4.16 Honeywell 36
4.17 Identification International, Inc. 37
4.18 Integrated Biometrics 37
4.19 Innovatrics .. 38
4.20 Iris ID Systems, Inc. .. 38
4.21 IriTech, Inc. . 39
4.22 LaserLock 39
4.23 M2SYS . 40
4.24 MorphoTrust .. 40
4.25 NEC 41
4.26 Neurotechnology . 42
4.27 Nuance . 42
4.28 Qualcomm .. 43
4.29 SecuGen Corporation .. 43
4.30 Sensory 44
4.31 SmartMetric 44
4.32 SRI International.. 45
4.33 Suprema .. 45
4.34 Synaptics . 46
4.35 Uniphore .. 46
4.36 VoiceTrust .. 47
4.37 VoiceVault .. 47
SECTION 5 . 49
Market Forecasts 49
5.1 Introduction to Forecasts . 49
5.2 Forecast Methodology and Assumptions 49
5.3 Total Revenue Forecast .. 50
5.4 Hardware Forecasts - Revenue and Device Shipments 52
5.5 Software Forecasts - Revenue and Licenses . 54
5.6 Use Case Forecasts - Revenue and Devices . 55
5.7 Modality Forecasts - Revenue and Devices . 58
5.8 Conclusions and Recommendations 60
SECTION 6 . 62
Company Directory .. 62
SECTION 7 . 65
Acronym and Abbreviation List 65
SECTION 8 . 67
Table of Contents .. 67
SECTION 9 . 70
Table of Charts and Figures 70
SECTION 10 .. 71
Scope of Study 71
Sources and Methodology .. 71
Notes . 72

TABLE OF CHARTS AND FIGURES
Chart 1.1 Enterprise Biometrics Revenue by Region, World Markets: 2015-2024 3
Chart 5.1 Cumulative Enterprise Biometrics Revenue by Region, World Markets: 2015-2024 50
Chart 5.2 Enterprise Biometrics Revenue by Hardware/Software, World Markets: 2015-2024 .. 51
Chart 5.3 Enterprise Biometrics Device Revenue by Region, World Markets: 2015-2024 . 52
Chart 5.4 Enterprise Biometrics Device Shipments by Region, World Markets: 2015-2024 . 53
Chart 5.5 Enterprise Biometrics Software Revenue by Region, World Markets: 2015-2024 54
Chart 5.6 Enterprise Biometrics Software Licenses by Region, World Markets: 2015-2024 . 55
Chart 5.7 Enterprise Biometrics Revenue by Use Case, World Markets: 2015-2024 .. 56
Chart 5.8 Enterprise Biometrics Devices and Licenses by Use Case, World Markets: 2015-2024 57
Chart 5.9 Enterprise Biometrics Devices and Licenses by Use Case, IT Security Omitted,
World Markets: 2015-2024 . 58
Chart 5.10 Enterprise Biometrics Revenue by Modality, World Markets: 2015-2024 .. 59
Chart 5.11 Enterprise Biometrics Devices and Licenses by Modality, World Markets: 2015-2024 .. 60
Chart 10.1 Tractica Research Methodology .. 72
Figure 3.1 Wristband Used for Point-of-Sale Purchase . 18
Figure 3.2 Eye White Verification App on Mobile Phone 19
Figure 3.3 Immigration Kiosk Using Hand Geometry at Ben Gurion Airport, Tel Aviv 21
Figure 3.4 Dark Brown Iris Photographed in the IR Light Spectrum 21
Figure 3.5 Using Finger Vein Reader to Authenticate to a Laptop 23
Figure 3.6 Equal Error Rate Compared to False Accept and False Reject Rates 24

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Facial Recognition Market by Component: Software Tools and Services, Technology, Use Case, and Application Area - Global Forecast to 2021

Facial Recognition Market by Component: Software Tools and Services, Technology, Use Case, and Application Area - Global Forecast to 2021

  • $ 7150
  • Industry report
  • November 2016
  • by MarketsandMarkets

“The growing surveillance market is driving the facial recognition market” The facial recognition market size is estimated to grow from USD 3.35 billion in 2016 to USD 6.84 billion by 2021, at a CAGR ...

Mobile Biometrics Market by Component, Authentication Mode and Multifactor, Industry, and Geography - Global Forecast to 2022

Mobile Biometrics Market by Component, Authentication Mode and Multifactor, Industry, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • August 2016
  • by MarketsandMarkets

“Increase in mobile transactions is driving the growth of the mobile biometrics market” The mobile biometrics market is expected to grow from USD 4.03 billion in 2015 to USD 49.33 billion by 2022, ...

Maritime Safety Market by Technology & Systems, Service, Category, and Region - Global Forecast to 2021

Maritime Safety Market by Technology & Systems, Service, Category, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • November 2016
  • by MarketsandMarkets

“An increasing need to safeguard acts of piracy and terrorism will drive the maritime safety market” The maritime safety market size is estimated to grow from USD 16.71 billion in 2016 to USD 23.67 ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.