Market Overview:
The global biometric scan software market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for security and safety measures, rising adoption of biometric scanning technologies in various applications, and growing need for authentication and identification solutions. Based on type, the global biometric scan software market is segmented into fingerprint recognition software, face recognition software, retinal recognition software, voice and speech recognition software. The fingerprint recognition segment is expected to hold the largest share of the global biometric scan software market in 2018 owing to its high accuracy rate and low implementation costs. However, the face recognition segment is projected to grow at a higher CAGR during the forecast period as it offers enhanced security features compared with other types of biometric scanning technologies. Among these applications segments,.
Product Definition:
A biometric scan software is a computer program used to identify an individual by their physical or behavioral traits. These programs are commonly used in security systems to verify the identity of individuals before granting access to secured areas. They can also be used for other purposes, such as tracking employee time and attendance.
Fingerprint Recognition Software:
Fingerprint recognition is an advanced biometric identification process that uses the unique physical characteristics of a person, such as their fingerprint, to verify their identity. The software analyzes the captured image and compare it with a database of registered fingerprints to confirm the user's identity.
The technology has gained popularity due to its high accuracy and security levels. It also helps in providing access control for financial transactions and e-commerce websites without entering passwords.
Face Recognition Software:
Face recognition is a biometric identification technique used to compare an image of the face against a database to verify the identity of an individual. The technology has applications in security, surveillance, and verification processes. It can also be used for personalization purposes such as adding name and photo on products without any additional labeling or printing.
The Face Recognition Software (FRS) is widely used by law enforcement agencies across the world for criminal identification during investigations or while serving arrest warrants.
Application Insights:
The biometric scan software market is segmented based on application into banking, financial services and insurance (BFSI), healthcare, consumer electronics, travel & immigration, military & defense government and homeland security others. In 2017 the BFSI segment accounted for a major share in the market due to high usage of scanning devices in various applications such as time attendance tracking at work place or school. The BFSI sector is anticipated to be one of the prominent sectors driving demand over the forecast period owing to increasing adoption of biometric technologies across various applications such as time attendance tracking at work place or school.
The healthcare sector is also expected to witness significant growth over the forecast period due to increasing penetration Scanning Devices manufacturers and accredited third-party service providers collaborating with hospitals and clinics for better patient safety by reducing medical frauds through enhanced authentication techniques. For instance; In April 2018; Samsung Electronics America Inc., partnered with Medtronic PLC.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing government initiatives and regulations related to biometric data protection. For instance, in India, the Unique Identification (UID) project has been adopted across all administrative offices of UIDAI including Department of Revenue and Department of Employment & Training. Various other government agencies have started using UIDAI's services based on biometric information such as Public Distribution System (PDS), Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), etc., thereby driving regional market growth over the forecast period.
North America accounted for more than 20% revenue share in 2017 owing to early adoption by various departments and agencies such as U.S Homeland Security, Defense Advanced Research Projects Agency (DARPA). Moreover, high demand for smart visas that incorporate biometrics is also anticipated drive regional market growth over the next eight years (2030).
Growth Factors:
- Increasing demand for biometric scan software from the government and defense sector for security purposes.
- Growing use of biometric scan software in healthcare sector for patient identification and tracking purposes.
- Rising demand for biometric scan software from banking and financial institutions to prevent identity theft and frauds.
- Proliferation of smartphones and other portable devices with fingerprint scanning capabilities that can be used for biometric authentication purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Biometric Scan Software Market Research Report
By Type
Fingerprint Recognition Software, Face Recognition Software, Retinal Recognition Software, Voice and Speech Recognition Software
By Application
BFSI, Healthcare, Consumer Electronics, Travel & Immigration, Military & Defense, Government and Homeland Security, Others
By Companies
Apple, BioEnbale Technologies, Fujitsu, Siemens, Safran, NEC, M, M2SYS Technology, Precise Biometrics, ZK Software Solutions
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Biometric Scan Software Market Report Segments:
The global Biometric Scan Software market is segmented on the basis of:
Types
Fingerprint Recognition Software, Face Recognition Software, Retinal Recognition Software, Voice and Speech Recognition Software
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
BFSI, Healthcare, Consumer Electronics, Travel & Immigration, Military & Defense, Government and Homeland Security, 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:
- Apple
- BioEnbale Technologies
- Fujitsu
- Siemens
- Safran
- NEC
- M
- M2SYS Technology
- Precise Biometrics
- ZK Software Solutions
Highlights of The Biometric Scan Software 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:
- Fingerprint Recognition Software
- Face Recognition Software
- Retinal Recognition Software
- Voice and Speech Recognition Software
- By Application:
- BFSI
- Healthcare
- Consumer Electronics
- Travel & Immigration
- Military & Defense
- Government and Homeland Security
- 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 Scan Software 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:
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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 Scan Software is a software application that uses biometric data to identify and authenticate users.
Some of the key players operating in the biometric scan software market are Apple, BioEnbale Technologies, Fujitsu, Siemens, Safran, NEC, M, M2SYS Technology, Precise Biometrics, ZK Software Solutions.
The biometric scan software market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biometric Scan Software 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 Scan Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biometric Scan Software 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 Scan Software 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 Scan Software Market Size & Forecast, 2020-2028
4.5.1 Biometric Scan Software Market Size and Y-o-Y Growth
4.5.2 Biometric Scan Software Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Fingerprint Recognition Software
5.2.2 Face Recognition Software
5.2.3 Retinal Recognition Software
5.2.4 Voice and Speech Recognition Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Healthcare
6.2.3 Consumer Electronics
6.2.4 Travel & Immigration
6.2.5 Military & Defense
6.2.6 Government and Homeland Security
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biometric Scan Software 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 Scan Software 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Fingerprint Recognition Software
9.6.2 Face Recognition Software
9.6.3 Retinal Recognition Software
9.6.4 Voice and Speech Recognition Software
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 Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Healthcare
9.10.3 Consumer Electronics
9.10.4 Travel & Immigration
9.10.5 Military & Defense
9.10.6 Government and Homeland Security
9.10.7 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Fingerprint Recognition Software
10.6.2 Face Recognition Software
10.6.3 Retinal Recognition Software
10.6.4 Voice and Speech Recognition Software
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 Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Healthcare
10.10.3 Consumer Electronics
10.10.4 Travel & Immigration
10.10.5 Military & Defense
10.10.6 Government and Homeland Security
10.10.7 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Fingerprint Recognition Software
11.6.2 Face Recognition Software
11.6.3 Retinal Recognition Software
11.6.4 Voice and Speech Recognition Software
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 Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Healthcare
11.10.3 Consumer Electronics
11.10.4 Travel & Immigration
11.10.5 Military & Defense
11.10.6 Government and Homeland Security
11.10.7 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Fingerprint Recognition Software
12.6.2 Face Recognition Software
12.6.3 Retinal Recognition Software
12.6.4 Voice and Speech Recognition Software
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 Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Healthcare
12.10.3 Consumer Electronics
12.10.4 Travel & Immigration
12.10.5 Military & Defense
12.10.6 Government and Homeland Security
12.10.7 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Fingerprint Recognition Software
13.6.2 Face Recognition Software
13.6.3 Retinal Recognition Software
13.6.4 Voice and Speech Recognition Software
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) Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Healthcare
13.10.3 Consumer Electronics
13.10.4 Travel & Immigration
13.10.5 Military & Defense
13.10.6 Government and Homeland Security
13.10.7 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 Scan Software Market: Competitive Dashboard
14.2 Global Biometric Scan Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple
14.3.2 BioEnbale Technologies
14.3.3 Fujitsu
14.3.4 Siemens
14.3.5 Safran
14.3.6 NEC
14.3.7 M
14.3.8 M2SYS Technology
14.3.9 Precise Biometrics
14.3.10 ZK Software Solutions
