Worldwide Fingerprint Biometric Market- Global Drivers, Trends, and Forecast to 2021

The fingerprint biometric is used for the authentication and identification of a person’s identity via the scan of his/her fingerprints. The ridges and valleys in the pre-scanned fingerprint images are compared with the fingerprints scan of the person trying to gain access to an application or a device. The solution is the most widely accepted for individuals and enterprises across the world. The solution is cost effective, and has witnessed a rise in popularity after various mobile device vendors have embedded fingerprint authentication feature in their products.

The fingerprint biometric framework is now evolving as “Biometric as a service”, wherein the services available are enrolment, authentication, and identification via cloud. Although, issues with capturing fingerprint, possibility of fingerprint forgery, and rise in competition from other biometric technologies are the inhibitors to the growth of fingerprints biometric market.

The rise in number of security threats, strict government compliances, and growing focus of businesses on best safety practises are some of the major drivers for the growth of fingerprint biometrics market.  The market is segmented by technology, applications, verticals and regions. Some of the fingerprint biometrics market vendors are Safran SA, IDEX ASA, 3M Cogent, Fingerprint Cards AB, Precise Biometrics AB and Fulcrum Biometrics LLC.

The study covers and analyses the “Fingerprint Biometric” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

1       Industry Outlook 

1.1             Industry Overview

1.2             Industry Trends

1.3             PESTEL Analysis

2       Report Outline 

2.1             Report Scope

2.2             Report Summary

2.3             Research Methodology

2.4             Report Assumptions

3       Market Snapshot

3.1             Total Addressable Market (TAM)

3.2             Segmented Addressable Market (SAM)

3.3             SAM as a Segment of TAM

3.4             Related Markets

4       Market Outlook 

4.1             Overview

4.2             Ecosystem

4.3             Segmentation

4.4             Porter 5 (Five) Forces

5       Market Characteristics 

5.1             Market Trends

5.2             Value Chain

5.3             Market Dynamics

5.3.1               Drivers

5.3.2               Restraints

5.3.3               Opportunities

5.4             DRO – Impact Analysis

5.5             Key Stakeholders

6       Application: Market Size and Analysis 

6.1             Overview

6.2             E-services

6.3             Identification

6.4             Authentication

6.5          Others

7       Technology: Market Size and Analysis 

7.1             Overview

7.2             AFIS

7.3             Non-AFIS

8      Verticals: Market Size and Analysis 

8.1             Overview

8.2             Government & defense

8.3             IT & Telecom

8.4  Healthcare

8.5           BFSI

8.6          Others

9      Regions: Market Size and Analysis 

9.1             Overview

9.2             Americas

9.3             Europe

9.4  Asia Pacific

9.5           MEA

10     Competitive Analysis 

10.1           Overview

10.2           Safran SA

10.3        3M Cogent

10.4           Precise Biometrics AB

10.5           Idex ASA

Includes other major vendors

11     Vendor Profiles*

11.1           Safran SA

11.2        3M Cogent

11.3           Precise Biometrics AB

11.4           Idex ASA

Includes other major vendors

12     Companies to Watch for # 

13     Expert’s Views 

Annexure 

Abbreviations

* Vendor profiles will include: overview, business units, geographical revenue, recent developments, business focus, SWOT, and business strategy

# Companies to watch for will include small private players present in the market

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

infoholic Research Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.