1. Market Research
  2. > Biotechnology Market Trends
Global Biometrics Market, By Solution Type, By Functionality Type, By End Use Industry, By Region, Competition Forecast & Opportunities, 2026

Global Biometrics Market, By Solution Type, By Functionality Type, By End Use Industry, By Region, Competition Forecast & Opportunities, 2026

  • November 2021
  • 117 pages
  • ID: 5142054
  • Format: PDF
  • TechSci Research


Table of Contents

Global Biometrics Market, By Solution Type (Fingerprint Recognition, Facial Recognition, Iris Scanner, Hand/Palm Recognition, Voice Recognition, Vein Scanner, Others), By Functionality Type (Contact Based, Contact Less, Hybrid), By End Use Industry (Government and Defense, BFSI, Consumer Electronics, IT and Telecom, Healthcare and Lifesciences, Retail and E-commerce, Others), By Region, Competition Forecast & Opportunities, 2026

Global biometrics market was valued at USD33.246 billion in 2020 and is projected to grow around USD84.27 billion by 2026, registering a CAGR of 16.73% through 2026. Rising national security concerns, use of multifactor authentication measures, and increased adoption of IoT devices are expected to positively influence the global biometrics market in the coming years. The increased use of biometric systems in consumer electronics and adoption of biometric measures in the automotive sector is further expected to positively influence the growth of the market through 2026. However, concerns related to the accuracy of biometrics and regulations related to the market might limit the growth in the industry in the forecast period.
Global biometrics market can be segmented into solution type, functionality type, end use industry, and region.Based on solution type, the market can be segmented into fingerprint recognition, facial recognition, iris recognition, hand/palm recognition, voice recognition, vein scanner and others including DNA recognition, signature recognition, etc.

The facial recognition systems segment is expected to grow at a higher pace with a CAGR of 17.80% in the forecast period. This is primarily because of increased adoption of the facial recognition measures across industries. Governments across the globe have started video surveillance across the countries due to increasing concerns of national security and to monitor terrorist movements. Also, due to the COVID-19 pandemic, the adoption for facial recognition biometric systems have significantly increased due to rising concerns of contact-based transmission of the disease.
Based on functionality type, the market can be segmented into contact based, contact less and hybrid. The contact-based segment is expected to dominate the market in 2020, however the share is estimated to decline in the forecast period due to the rapid adoption of contactless biometric systems.
Based on end use industry, the market is sub-segmented into government and defense, BFSI, consumer electronics, IT and telecom, healthcare and life sciences, retail and e-commerce and others including automotive, energy and power, manufacturing, etc. The BFSI segment held share of 19.84% in the market in 2020 and is expected to grow at a higher rate with a CAGR of 17.50%. The adoption of biometric systems across financial institutions to verify the user identity and the increased usage of the biometric cards in the payment industry are expected to boost the growth in the industry.
Regionally, the biometrics market has been segmented into Asia-Pacific, Europe, North America, South America, and Middle East & Africa. Among these regions, Asia-Pacific region is expected to dominate the market on account of the widespread adoption of biometrics, however, the North America region is expected to grow at a higher pace.
The major players operating in the global Biometrics market are NEC corporation, Thales Group, BIO-Key International, Inc., ASSA ABLOY AB, IDEMIA France SAS, DERMALOG Identification Systems GmbH, Cognitec Systems, GmbH, Fujitsu Limited, IDEX Biometrics ASA, NEXT Biometrics, ASA, SecuGen Corporation., Aware Inc., Precise Biometrics, Fingerprint Cards AB, M2SYS Technology. These companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers and acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026

Objective of the Study:

• To analyze the historical growth in the market size of the Global Biometrics Market from 2016 to 2020.
• To estimate and forecast the market size of Global Biometrics Market from 2021 to 2026 and growth rate until 2026.
• To classify and forecast the Global Biometrics Market based on Solution Type, functionality type, end use industry, company and regional distribution.
• To identify the dominant region or segment in the Global Biometrics Market.
• To identify drivers and challenges for the Global Biometrics Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Biometrics Market.
• To identify and analyze the profiles of leading players operating in the Global Biometrics Market.
• To identify key sustainable strategies adopted by market players in the Global Biometrics Market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of service providers across the globe.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the service providers which could not be identified due to the limitations of secondary research. The analyst examined the service providers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of the Global Biometrics Market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Biometrics service providers/ suppliers/ distributors
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to Biometrics
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the global biometrics market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
• Global Biometrics Market, By Solution Type:
o Fingerprint Recognition
o Facial Recognition
o Iris Recognition
o Hand/Palm Recognition
o Voice Recognition
o Vein Scanners
o Others
• Global Biometrics Market, By Functionality Type:
o Contact Based
o Contact Less
o Hybrid
• Global Biometrics Market, By End Use Industry:
o Government and Defense
o Consumer Electronics
o IT and Telecom
o Healthcare and Life sciences
o Retail and Ecommerce
o Others
• Global Biometrics Market, By Region:
o Asia-Pacific
South Korea
o Europe
United Kingdom
o North America
United States
o South America
o Middle East & Africa
Saudi Arabia
South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global biometrics market.

Available Customizations:

With the given Market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Video Intercom Devices Market Research Report by Access control, by Technology, by Device Type, by Connectivity, by End user, by State - United States Forecast to 2027 - Cumulative Impact of COVID-19

  • $ 2949
  • January 2022
  • 101 pages

Video Intercom Devices Market Research Report by Access control (Fingerprint Readers, Password Access, and Proximity Cards), by Technology (Analog and IP-Based), by Device Type, by Connectivity, by End ...

  • United States
  • Access Control
  • Biometrics
  • Industry analysis

Global CCTV Market 2021-2025 $ 2500 November 2021


Reportlinker.com © Copyright 2022. All rights reserved.

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

Make sure you don’t miss any news and follow us on