Market Overview:
The global biometric fingerprint scanning equipment market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The increasing demand for security and safety measures, rising adoption of biometric technology in various applications, and growing need for accurate and secure identification are some of the major factors driving the growth of this market. Based on type, the global biometric fingerprint scanning equipment market is segmented into single finger scanners and multi-finger scanners. Single finger scanners held a larger share in 2017 owing to their low cost and easy installation as compared to multi-finger scanners. However, multi-finger scanners are expected to witness higher growth during the forecast period due to their ability to scan fingerprints from multiple fingers simultaneously which leads to faster authentication process. Based on application, the global biometric fingerprint scanning equipment market is segmented into government sector, banking & finance sector, travel & migration sector, criminal justice system sector, healthcare sector and other sectors such as education institutions etcetera). The government sector held a dominant share in 2017 owing to increasing adoption of biometrics by governments across different countries for identity verification purposes such as passport issuance/verification or voter registration etcetera).
Product Definition:
Biometric fingerprint scanning equipment is used to scan fingerprints for the purpose of identification. The importance of biometric fingerprint scanning equipment is that it provides a more secure way to identify individuals than other methods, such as using passwords or ID cards.
Single Finger:
Single Finger Biometric Scanning Equipment is used for the verification of an individual user's identity through the use of their fingerprint. It is a fast and convenient way to provide access to authorized users only, without having to log in or enter a password.
Multi Finger:
Multi-Fingerprint or sometimes called as composite fingerprint is a combination of fingerprints taken from different areas of the body. It’s major use is in biometric identification and authentication systems. Multi Fingerprint can be used to identify an individual even if the person changes his appearance or uses any disguise.
Application Insights:
The government application segment accounted for the largest share in 2016 and is expected to continue its dominance over the forecast period. The use of biometric finger scanning equipment by governments at various levels to ensure effective administration is expected to be a key factor driving the market growth. Furthermore, increasing adoption of biometric technologies across states in India and China as a part of measures against terrorism is projected to further propel industry growth over the coming years.
Banking and finance was one of the prominent segments that emerged during the past few years owing to increased concerns regarding data security within institutions. In addition, finger scan technology has several benefits such as high speed processing, higher accuracy due ¢â‚¬Å“live testing¢â‚¬and ease of operation which makes it suitable for banking applications where customer information security is a top priority.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. This growth can be attributed to increasing government initiatives and regulations regarding biometric identification, growing adoption of smartphones, and rising instances of identity theft & fraud. For instance, in India fingerprint scanning machines are mandatory for all new voters as part of the ongoing National Voter ID Programme. The Government is also planning to use biometric data such as face recognition for security purposes at airports and other public places. These factors are expected to drive regional market growth over the next eight years.
North America accounted for a substantial share owing to early adoption by governments across countries such as U.S.
Growth Factors:
- Increasing demand for security and safety measures in various industries
- Growing awareness about the benefits of biometric fingerprint scanning equipment
- Rising number of terrorist attacks and other criminal activities across the globe
- Proliferation of advanced digital technologies that have made biometric fingerprint scanning equipment more efficient and user-friendly
- Stringent government regulations pertaining to security and safety measures
Scope Of The Report
Report Attributes
Report Details
Report Title
Biometric Fingerprint Scanning Equipment Market Research Report
By Type
Single Finger, Multi Finger
By Application
Government, Banking and Finance, Travel and Migration, Criminal, Others
By Companies
Safran, Suprema, HID Global, NEC, Dermalog Identification Systems, M2SYS Technology, Northrop Grumman, Green Bit, Bio-key, ZKTeco, Integrated Biometrics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Biometric Fingerprint Scanning Equipment Market Report Segments:
The global Biometric Fingerprint Scanning Equipment market is segmented on the basis of:
Types
Single Finger, Multi Finger
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government, Banking and Finance, Travel and Migration, Criminal, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Safran
- Suprema
- HID Global
- NEC
- Dermalog Identification Systems
- M2SYS Technology
- Northrop Grumman
- Green Bit
- Bio-key
- ZKTeco
- Integrated Biometrics
Highlights of The Biometric Fingerprint Scanning Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Finger
- Multi Finger
- By Application:
- Government
- Banking and Finance
- Travel and Migration
- Criminal
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biometric Fingerprint Scanning Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Biometric fingerprint scanning equipment is used to identify individuals by their unique finger prints.
Some of the major companies in the biometric fingerprint scanning equipment market are Safran, Suprema, HID Global, NEC, Dermalog Identification Systems, M2SYS Technology, Northrop Grumman, Green Bit, Bio-key, ZKTeco, Integrated Biometrics.
The biometric fingerprint scanning equipment market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biometric Fingerprint Scanning Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Biometric Fingerprint Scanning Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biometric Fingerprint Scanning Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Biometric Fingerprint Scanning Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Biometric Fingerprint Scanning Equipment Market Size & Forecast, 2018-2028
4.5.1 Biometric Fingerprint Scanning Equipment Market Size and Y-o-Y Growth
4.5.2 Biometric Fingerprint Scanning Equipment Market Absolute $ Opportunity
Chapter 5 Global Biometric Fingerprint Scanning Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Biometric Fingerprint Scanning Equipment Market Size Forecast by Type
5.2.1 Single Finger
5.2.2 Multi Finger
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Biometric Fingerprint Scanning Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Biometric Fingerprint Scanning Equipment Market Size Forecast by Applications
6.2.1 Government
6.2.2 Banking and Finance
6.2.3 Travel and Migration
6.2.4 Criminal
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biometric Fingerprint Scanning Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biometric Fingerprint Scanning Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Biometric Fingerprint Scanning Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Biometric Fingerprint Scanning Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Biometric Fingerprint Scanning Equipment Market Size Forecast by Type
9.6.1 Single Finger
9.6.2 Multi Finger
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Biometric Fingerprint Scanning Equipment Market Size Forecast by Applications
9.10.1 Government
9.10.2 Banking and Finance
9.10.3 Travel and Migration
9.10.4 Criminal
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Biometric Fingerprint Scanning Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Biometric Fingerprint Scanning Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Biometric Fingerprint Scanning Equipment Market Size Forecast by Type
10.6.1 Single Finger
10.6.2 Multi Finger
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Biometric Fingerprint Scanning Equipment Market Size Forecast by Applications
10.10.1 Government
10.10.2 Banking and Finance
10.10.3 Travel and Migration
10.10.4 Criminal
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Biometric Fingerprint Scanning Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Biometric Fingerprint Scanning Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Biometric Fingerprint Scanning Equipment Market Size Forecast by Type
11.6.1 Single Finger
11.6.2 Multi Finger
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Biometric Fingerprint Scanning Equipment Market Size Forecast by Applications
11.10.1 Government
11.10.2 Banking and Finance
11.10.3 Travel and Migration
11.10.4 Criminal
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Biometric Fingerprint Scanning Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Biometric Fingerprint Scanning Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Biometric Fingerprint Scanning Equipment Market Size Forecast by Type
12.6.1 Single Finger
12.6.2 Multi Finger
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Biometric Fingerprint Scanning Equipment Market Size Forecast by Applications
12.10.1 Government
12.10.2 Banking and Finance
12.10.3 Travel and Migration
12.10.4 Criminal
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Biometric Fingerprint Scanning Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Biometric Fingerprint Scanning Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Biometric Fingerprint Scanning Equipment Market Size Forecast by Type
13.6.1 Single Finger
13.6.2 Multi Finger
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Biometric Fingerprint Scanning Equipment Market Size Forecast by Applications
13.10.1 Government
13.10.2 Banking and Finance
13.10.3 Travel and Migration
13.10.4 Criminal
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biometric Fingerprint Scanning Equipment Market: Competitive Dashboard
14.2 Global Biometric Fingerprint Scanning Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Safran
14.3.2 Suprema
14.3.3 HID Global
14.3.4 NEC
14.3.5 Dermalog Identification Systems
14.3.6 M2SYS Technology
14.3.7 Northrop Grumman
14.3.8 Green Bit
14.3.9 Bio-key
14.3.10 ZKTeco
14.3.11 Integrated Biometrics
