Analyze the COVID-19 ramifications on the biometrics landscape and identify the opportunities into all key biometrics markets including government, law enforcement, border control, enterprise and consumer.
Gain a deeper understanding of the biometrics hardware market and develop a better-boned digital security strategy.
Gain insight into shipments, revenue and average selling prices for biometric devices based on fingerprint, iris, face and vein recognition.
Critical Questions Answered
How is the global biometrics market evolving over time?
Which modalities are more prevalent in each vertical and which ones are the most profitable?
Which biometric devices and markets should implementers invest towards - both for the long-term and near-future?
Research Highlights
After a crushing blow to biometric device shipments during the course of the pandemic sinking global revenues during 2020 and 2021, the biometrics market is starting to pick. Hygiene concerns are more noticeable in APAC but have significantly diminished across NA, WEU and EEU.
Pandemic-related restrictions and mandates have been greatly reduced worldwide - especially during the current quarter (Q2 2022). Market-wise this is translated into more access control and biometric registration projects being unfrozen. Contactless biometrics are quite versatile in adapting to new applications, but the test-tested fingeprint technologies managed to endure across most government and security.
The uncertainty due to the still-persisting supply chain disruption has affected all markets. However, the conflict at the borders of Europe has caused a rapid increase of security and defence budgets of European economies. This is reflected through higher levels of sales of biometric identification devices meant for border control and law enforcement.
Civil biometric applications are also expected to increase in the next five years in collaboration with banking and welfare initiatives. Countries in Africa and Middle East are expected to leverage biometric civil ID in more electoral, educational and welfare projects.
Who Should Read This?
Biometric hardware manufacturers and vendors.
Digital security players, biometric software and algorithm developers.
System integrators and service providers.
Governmental, regulatory and standardization organizations.
Table of Contents
Top-Level View on Global Markets
Government and Security: Market Highlights
Government: Defence and Security Budget Increase across EU
Government and Security: EU’s Entry Exit System
Enterprise, Industrial and Automotive: Market Highlights
Consumer: Market Highlights
Consumer: Smartphone Update
Consumer: Face Recognition
Consumer: MFA and SSO
Banking and Healthcare: Market Highlights
Banking: Regional Market Outlook
Banking: 3D Liveness, Voiceprints andMultimodality
