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BIOMETRICS TECHNOLOGY MARKET ANALYSIS

Biometrics Technology Market, By Component (Face, Hand geometry, Voice, Signature, Iris, AFIS, Non-AFIS, and Others), By End user (Government, Defense Services, Banking and Finance, Consumer Electronics, Healthcare, Home Safety and Security, Transport / Visa / Logistics, and Others (Retail, hospitality, gaming and automobile), And By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Regional Analysis

Biometrics Technology Market: Regional Insights

The Biometric technologies are widely used in the U.S. in a variety of areas, including state, homeland security, business, and justice. A growing number of safety and security requirements are being satisfied by biometric technology as a result of the increased threat of terrorism on a global scale. Efforts integrating face, fingerprint, and eye biometrics, for instance, UIDAI project in India and the e-KTP electronic ID initiative in Indonesia, are also anticipated to open up new commercial prospects.

Geographies covered:

  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa

Biometrics technology market in the Asia Pacific region is expected to see rapid growth in the upcoming years in countries like China, Japan and India due to stringent government regulations and projects such as Aadhar, e-passport, and others. Furthermore, biometric market in Central and North Caucus regions of Russia is also expected to grow at a high pace in the upcoming years with the effect from the scheduled Sochi winter Olympics in 2014.

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