Global Demand for Biometrics in Security, Forecast to 2025

Global Demand for Biometrics in Security, Forecast to 2025

Biometrics Technology Set to Replace Conventional Methods of Identity and Access Management, with Accelerated Development and Appl

RELEASE DATE
12-Feb-2020
REGION
Global
Research Code: MEAE-01-00-00-00
SKU: AE01387-GL-MR_24139
$4,950.00
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$4,950.00
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Description

Increasing security incidents, globally, have resulted in the need for generating unique individual identities, which can be verified through software platforms, thus increasing the efficiency and efficacy of identity verification processes. The challenges in managing identities in the modern world through conventional methods such as ID cards and pin numbers/passwords, which are failing to address efficiency, accuracy, and security requirements, have paved the way for exponential demand for biometrics-based ID management and access control systems.

This study will benefit those who are interested in learning about how the access control and identity market is impacted by biometrics technology, how biometrics is evolving in the security industry, and the potential opportunities in this space. The study details the key aspects of security applications of biometrics technology and identifies potential use cases, trends, current applications, and future opportunities across the critical national infrastructure (CNI), public safety and security, and BFSI sectors. It also discusses the key drivers, restraints, and trends and their impact on security-related biometrics applications across the regions and segments covered.

This is a visionary study investigating the big-picture perspectives of biometrics technology and how the technology is set to evolve and influence the security market and grow. Technology companies looking to feed into the digital transformation Mega Trend across industries will also benefit from this study, as they will get to understand their potential role, enabling them to make key business decisions. The research is aimed at identifying growth opportunities in the security biometrics market and determining how the market is expected to grow.

What makes our studies unique?
Frost & Sullivan provides diverse research services focused on existing and evolving markets across the aerospace, defense, and security markets, covering them at global and regional levels. We provide specialist studies focused on specific product or market segments, which provide deep-dive opportunities for strategists and investors who wish to learn about the future state of any ADS market or product in terms of opportunities and future disruptions.

Key Issues Addressed

  • How have biometrics applications evolved in security applications?
  • What will be the future of biometrics in security applications?
  • How will the competitive landscape evolve?
  • What are the technology and regulatory shifts that will drive the market?
  • What are the regional trends in biometrics applications for security?

Analyst: Aravind Srimoolanathan

Table of Contents

Analysis Factsheet

Evolving Identity Crisis

Evolving Identity Crisis (continued)

Terrorism Driving Need for Robust Identity Management Solutions

Increasing International Travellers

Unified National Identity

Summary

Summary (continued)

Research Scope

Research Scope (continued)

Research Objectives

Evolution of Identity Authentication Techniques

Taxonomy of Biometrics Applications

Future Application of Security Biometric Applications by Segment

Future Application of Security Biometric Applications by Segment (continued)

Behavioral Biometrics

Behavioral Biometrics—Transforming Capability Delivery

Future of Physiological Biometric Modalities

Biometrics-as-a-Service—Identification Everywhere

CLEAR—Airport Security Process Optimization

Onfido—Identity Management as a Service

Airport Security—Known Traveler Digital Identity System Powered by Blockchain

Market Drivers

Drivers Explained

Drivers Explained (continued)

Drivers Explained (continued)

Market Restraints

Restraints Explained

Restraints Explained (continued)

Restraints Explained (continued)

Introduction

Key Modalities

Biometric Process Breakdown

Key Metrics for Measuring Biometrics Technology

Technology Assessment—Physiological Modalities

Technology Assessment—Physiological Modalities (continued)

Key Trends Across Sectors

Regional Trends and Analysis

Data Protection and Privacy Regulations for Biometrics

Legislative Trends—Mandates for Enhanced Security

Global Standards for Biometric Applications

International Standards Organization Framework for Biometric Systems

Major Global Biometric Data Theft/Privacy Breach Incidents

Competitive Landscape—Security Biometrics Market

Competitive Assessment—Major Suppliers

Competitive Assessment—Offering Assessment

Global Supply Landscape—Mergers and Acquisitions

Competitive Assessment—Company Contracts

Competitive Assessment—Company Contracts (continued)

Competitive Assessment—SWOT Analysis of Major Companies

Competitive Assessment—SWOT Analysis of Major Companies (continued)

Market Dashboard

Market Forecast Discussion

Biometric Capability Demand Analysis by Segment

Growth Opportunity 1—Service Portfolio

Growth Opportunity 2—Collaboration

Strategic Imperatives for Success and Growth

Revenue Forecast

Major Ongoing and Upcoming Projects

CNI Segment Contracts

Major CNI Segment Contracts

Regional Segment Opportunities and Drivers

Regional Segment Opportunities and Drivers (continued)

Regional Segment Opportunities and Drivers (continued)

Revenue Forecast

Major Ongoing and Upcoming Projects

Public Order and Security Segment Contracts

Regional Segment Opportunities and Drivers

Regional Segment Opportunities and Drivers (continued)

Regional Segment Opportunities and Drivers (continued)

Revenue Forecast

Major Ongoing and Upcoming Projects

Commercial Security Biometrics Segment Contracts

Regional Segment Opportunities and Drivers

Regional Segment Opportunities and Drivers (continued)

Regional Segment Opportunities and Drivers (continued)

Market Dashboard

Access Control and Identity Management Trends

Key Biometric Initiatives/Programs

Market Dashboard

Access Control and Identity Management Trends

Key Biometric Initiatives/Programs

Market Dashboard

Access Control and Identity Management Trends

Key Biometric Initiatives/Programs

Market Dashboard

Access Control and Identity Management Trends

Key Biometric Initiatives/Programs

Market Dashboard

Access Control and Identity Management Trends

Key Biometric Initiatives/Programs

Market Dashboard

Access Control and Identity Management Trends

Key Biometric Initiatives/Programs

Market Dashboard

Access Control and Identity Management Trends

Key Biometric Initiatives/Programs

Growth Opportunities and Way Forward

Legal Disclaimer

Market Engineering Methodology

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Related Research
Increasing security incidents, globally, have resulted in the need for generating unique individual identities, which can be verified through software platforms, thus increasing the efficiency and efficacy of identity verification processes. The challenges in managing identities in the modern world through conventional methods such as ID cards and pin numbers/passwords, which are failing to address efficiency, accuracy, and security requirements, have paved the way for exponential demand for biometrics-based ID management and access control systems. This study will benefit those who are interested in learning about how the access control and identity market is impacted by biometrics technology, how biometrics is evolving in the security industry, and the potential opportunities in this space. The study details the key aspects of security applications of biometrics technology and identifies potential use cases, trends, current applications, and future opportunities across the critical national infrastructure (CNI), public safety and security, and BFSI sectors. It also discusses the key drivers, restraints, and trends and their impact on security-related biometrics applications across the regions and segments covered. This is a visionary study investigating the big-picture perspectives of biometrics technology and how the technology is set to evolve and influence the security market and grow. Technology companies looking to feed into the digital transformation Mega Trend across industries will also benefit from this study, as they will get to understand their potential role, enabling them to make key business decisions. The research is aimed at identifying growth opportunities in the security biometrics market and determining how the market is expected to grow. What makes our studies unique Frost & Sullivan provides diverse research services focused on existing and evolving markets across the aerospace, defense, and security markets, covering them at global and regional levels. We provide specialist studies focused on specific product or market segments, which provide deep-dive opportunities for strategists and investors who wish to learn about the future state of any ADS market or product in terms of opportunities and future disruptions.--BEGIN PROMO--

Key Issues Addressed

  • How have biometrics applications evolved in security applications
  • What will be the future of biometrics in security applications
  • How will the competitive landscape evolve
  • What are the technology and regulatory shifts that will drive the market
  • What are the regional trends in biometrics applications for security

Analyst: Aravind Srimoolanathan

More Information
No Index No
Podcast No
Author Aravind Srimoolanathan
Industries Aerospace, Defence and Security
WIP Number MEAE-01-00-00-00
Is Prebook No
GPS Codes 99D5-A1