European Biometrics Market, Forecast to 2023
European Biometrics Market, Forecast to 2023
Regulations to Augment Application Potential of Biometrics in the Government and Commercial Segments
16-Apr-2019
Europe
Description
This research analyzes the European biometric market across government and commercial segments. The government segment includes application such as border control, e-ID, and law enforcement. The commercial segment includes applications such as physical, logical security, and surveillance. The growing physical and cyber security attacks as well as trends such as Internet of Things (IoT) and regulations are stoking demand for biometric technology. Fingerprint modality is the dominant modality across all government and commercial applications as it is less expensive than other modalities. However, 2017 saw facial biometrics make a breakthrough, particularly in the banking and finance domain. Growth of digitization across different industries is driving the need for a robust cybersecurity system. IoT is changing the way business is being conducted across different industries as a result of changing customer dynamics. Customers are increasingly using smartphones for commerce and banking. The growing risk of identity theft and fraud is intensifying interest in biometrics. Customers are demanding the highest level of security without any drop in the levels of convenience. This trend has resulted in and will continue to drive growth opportunities for biometrics.
The technologies involved include fingerprint, face, iris, vein, voice, and others. The biometrics market revenue calculation includes hardware and software. The study is segmented by government and commercial.
Research Highlights
The study provides the overall market size of each segment for 2018 and a revenue breakdown by technology, application, and vertical markets. It focuses on various market dynamics, challenges, Mega Trends, market trends, product analysis, and other factors that are likely to drive market growth. The base year of the study is 2018, with forecasts up to 2023. It offers a thorough analysis of the competitive landscape with a SWOT analysis of top companies.
Key Issues Addressed
- Is the market growing? How long will it continue to grow for and at what rate?
- Are the existing competitors structured correctly to meet customer needs?
- What are the key trends and how does it impact this market?
- How will the structure of the market change with time? Is the market ripe for acquisitions?
- Are the products/services offered meeting customer needs or is additional development needed?
Key Conclusion
This research will present key market participants with business intelligence to help them understand the future of the biometrics market in the verticals covered.
Author: Ram Ravi
Table of Contents
Key Findings
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Definitions
Key Questions this Study will Answer
Market Segmentation
Market Distribution Channels
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Restraints Explained (continued)
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Vertical
Percent Revenue Forecast by Vertical Discussion
Percent Revenue Discussion by Technology
Market Share Ranking
Competitive Environment
Top Competitors
Product Highlights
Competitive Factors and Assessment
Transformation in Biometric Industry Ecosystem—2018
Growth Opportunity—Blockchain
Growth Opportunity—Artificial Intelligence
Strategic Imperatives for Success and Growth
Impact of Industry Mega Trends on the European Biometrics Market
Impact of Industry Mega Trends on the European Biometrics Market (continued)
Mega Trends’ Impact on the European Biometrics Market
Behavioral Biometrics Mega Trend Explained
Artificial Intelligence Mega Trend Explained
Blockchain Mega Trend Explained
Government Segment Key Findings
Market Engineering Measurements
Revenue Forecast
Percent Revenue Forecast
Revenue Forecast Discussion
Commercial Segment Key Findings
Market Engineering Measurements
Revenue Forecast
Percent Revenue Forecast
Revenue Forecast Discussion
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
Upcoming Study Topics
Partial List of Companies
List of Exhibits
List of Exhibits (continued)
Popular Topics
Research Highlights
The study provides the overall market size of each segment for 2018 and a revenue breakdown by technology, application, and vertical markets. It focuses on various market dynamics, challenges, Mega Trends, market trends, product analysis, and other factors that are likely to drive market growth. The base year of the study is 2018, with forecasts up to 2023. It offers a thorough analysis of the competitive landscape with a SWOT analysis of top comp
No Index | No |
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Podcast | No |
Author | Ram Ravi |
Industries | Electronics and Sensors |
WIP Number | ME3C-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9201-A3,9592,99F3-A3 |