Biometrics Market - Top Companies and Manufacturers

  • Report ID: 6394
  • Published Date: Sep 05, 2024
  • Report Format: PDF, PPT

Companies Dominating the Biometrics Landscape

    The biometrics market has witnessed drastic changes owing to constant innovation in technology. The rapid integration of biometrics in national identification programs, healthcare, security uses, and for commercial devices such as smartphones has led to a significant demand various segments of the market. The market is highly competitive with several global and regional players seeking to innovate and meet the changing demands for biometrics.

    The key players in the market are focused on improving their production capabilities, investing in research, and enhancing product qualities to ensure ease of integration of biometrics. Various strategies such as mergers, acquisitions, partnerships, and product launches are done to retain their market position and enter new emerging markets. Here are some key players dominating the global biometrics market:

    • Accu-Time Systems
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • DERMALOG Identification Systems
    • Innovatrics
    • BIO-key international
    • EyeVerify
    • Thales
    • Idemia
    • Iris ID Systems
    • Suprema INC.
    • Safran S.A.
    • Cognitec Systems
    • InCights
    • Anviz Global Inc.
    • Synaptics Incorporated
    • Precise Biometrics AB

Browse Key Market Insights with Data Illustration:

In the News

  • In February 2024, Innovatrics announced the release of the ninth generation of Automated Biometric Identification System (ABIS). ABIS is equipped with updated algorithms for iris, face, and fingerprint recognition. The new release is aimed at law enforcement agencies and facilitates a seamless user experience.
  • In April 2023, Antolin collaborated with Biometric Voc to develop voice recognition biometrics into a vehicle access system with the support of AED-Vantage. The vehicles integrated with this system will be able to accurately identify the voice of the registered owner.

Author Credits:  Abhishek Verma


  • Report ID: 6394
  • Published Date: Sep 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2023, the industry size of biometrics was 42.1 billion.

The market size for biometrics is projected to cross USD 406.5 billion by the end of 2036 expanding at a CAGR of 20.8% during the forecast period i.e., between 2024-2036.

The major players in the market are Accu-Time systems, Fujitsu Corporation, Thales, Idemia, DERMALOG identification systems, NEC Corporation, InCights, and others.

The hardware segment of the biometrics market will capture the highest market share by the forecast period. The growth of this segment is due to increase in security risks and greater investment in the market by the government and private entities.

The North America biometrics market is poised to hold a 32.7% share by the end of 2036.
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