Market Overview:
The global consumer electronic biometrics market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The increasing demand for advanced security and authentication solutions across various industry verticals is driving the growth of the global consumer electronic biometrics market. The rising adoption of cloud-based services and Bring Your Own Device (BYOD) policies are also contributing to the growth of this market. The capacitive sensors segment is expected to hold the largest share in the global consumer electronic biometrics market during the forecast period. This segment is mainly driven by its growing demand for fingerprint scanning applications in smartphones and tablets.
Product Definition:
The definition of Consumer Electronic Biometrics is the authentication of a person's identity by means of their physical or behavioral characteristics. This can include fingerprints, facial recognition, and voice recognition. The importance of Consumer Electronic Biometrics is that it provides a more secure way to identify people than using traditional methods like passwords and PINs.
Capacitive Sensors:
Capacitive sensors are a class of sensing technology that works on the principle of change in capacitance when an electric field is applied to it. It can be used as a substitute for fingerprint scanning owing to its high speed and accuracy. The technology has been around for more than two decades but only recently has started gaining traction due to its higher sensitivity, faster response time, and better resolution compared to resistive or optical sensors.
Optical Sensors:
Optical sensors are devices that work by detecting and measuring light. They can be used for a variety of applications such as security, surveillance, medical diagnosis, and consumer electronics among others. The optical sensor market is expected to witness significant growth over the forecast period owing to increasing demand across these application areas coupled with technological advancements in this field.
Application Insights:
The voice scan application segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. The high usage of this technology as a security measure at banks, financial institutions, government buildings and airports is expected to drive growth.
Facial scan application segment is also projected to grow significantly over the next seven years owing to increasing use in identity verification, access control systems and surveillance applications. Moreover, growing concerns regarding data loss & theft through cyber-attacks coupled with initiatives by companies such as Microsoft Corporation are expected fuel industry growth during this period.
The hand scan application segment was valued at USD 527 million in 2017 due to its rising adoption across various sectors including healthcare, banking & financial services and government offices among others. Growing awareness about biometric safety amongst end users along with initiatives taken by companies such as Samsung Electronics Co., Ltd., Lenovo Group Ltd., Huawei Technologies Co., Ltd.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to high government investments in security infrastructure and technological advancements for effective implementation of biometric systems across various sectors including banking, telecom, government and others. Moreover, increasing adoption of consumer electronics with advanced capabilities such as facial recognition technology is further boosting regional growth.
Asia Pacific is anticipated to emerge as a lucrative region over the forecast period owing to rising demand for mobile phones and other devices incorporating advanced security features along with rapid urbanization and growing population in emerging countries such as India & China & Bangladesh etc., thereby creating significant business opportunities for global market players operating in this space.
Growth Factors:
- Increasing demand for biometric authentication in consumer electronics
- Growing number of online transactions and data breaches
- Proliferation of connected devices and the Internet of Things (IoT)
- Rising adoption of mobile payments and contactless payments
- Emergence of new applications such as gesture recognition
Scope Of The Report
Report Attributes
Report Details
Report Title
Consumer Electronic Biometrics Market Research Report
By Type
Capacitive Sensors, Optical Sensors, Electric Field Sensors, Thermal Sensors, Ultrasound Sensors
By Application
Voice Scan, Facial Scan, Hand Scan, Finger Scan, Iris Scan
By Companies
IDEX, Infineon Technologies, M, CrossMatch Technologies, Suprema, NEC, Safran, ZKTeco
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Consumer Electronic Biometrics Market Report Segments:
The global Consumer Electronic Biometrics market is segmented on the basis of:
Types
Capacitive Sensors, Optical Sensors, Electric Field Sensors, Thermal Sensors, Ultrasound Sensors
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
Voice Scan, Facial Scan, Hand Scan, Finger Scan, Iris Scan
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:
- IDEX
- Infineon Technologies
- M
- CrossMatch Technologies
- Suprema
- NEC
- Safran
- ZKTeco
Highlights of The Consumer Electronic Biometrics 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:
- Capacitive Sensors
- Optical Sensors
- Electric Field Sensors
- Thermal Sensors
- Ultrasound Sensors
- By Application:
- Voice Scan
- Facial Scan
- Hand Scan
- Finger Scan
- Iris Scan
- 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 Consumer Electronic Biometrics 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Consumer electronic biometrics is a technology that uses sensors to capture and store data about the physical characteristics of individuals, such as facial features or hand geometry. This data can then be used to identify people in future interactions, such as when they try to open a door or use an ATM machine.
Some of the major companies in the consumer electronic biometrics market are IDEX, Infineon Technologies, M, CrossMatch Technologies, Suprema, NEC, Safran, ZKTeco.
The consumer electronic biometrics market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Consumer Electronic Biometrics 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 Consumer Electronic Biometrics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Consumer Electronic Biometrics 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 Consumer Electronic Biometrics 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 Consumer Electronic Biometrics Market Size & Forecast, 2020-2028
4.5.1 Consumer Electronic Biometrics Market Size and Y-o-Y Growth
4.5.2 Consumer Electronic Biometrics 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 Capacitive Sensors
5.2.2 Optical Sensors
5.2.3 Electric Field Sensors
5.2.4 Thermal Sensors
5.2.5 Ultrasound Sensors
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 Voice Scan
6.2.2 Facial Scan
6.2.3 Hand Scan
6.2.4 Finger Scan
6.2.5 Iris Scan
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Consumer Electronic Biometrics 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 Consumer Electronic Biometrics 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 Capacitive Sensors
9.6.2 Optical Sensors
9.6.3 Electric Field Sensors
9.6.4 Thermal Sensors
9.6.5 Ultrasound Sensors
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 Voice Scan
9.10.2 Facial Scan
9.10.3 Hand Scan
9.10.4 Finger Scan
9.10.5 Iris Scan
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 Capacitive Sensors
10.6.2 Optical Sensors
10.6.3 Electric Field Sensors
10.6.4 Thermal Sensors
10.6.5 Ultrasound Sensors
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 Voice Scan
10.10.2 Facial Scan
10.10.3 Hand Scan
10.10.4 Finger Scan
10.10.5 Iris Scan
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 Capacitive Sensors
11.6.2 Optical Sensors
11.6.3 Electric Field Sensors
11.6.4 Thermal Sensors
11.6.5 Ultrasound Sensors
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 Voice Scan
11.10.2 Facial Scan
11.10.3 Hand Scan
11.10.4 Finger Scan
11.10.5 Iris Scan
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 Capacitive Sensors
12.6.2 Optical Sensors
12.6.3 Electric Field Sensors
12.6.4 Thermal Sensors
12.6.5 Ultrasound Sensors
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 Voice Scan
12.10.2 Facial Scan
12.10.3 Hand Scan
12.10.4 Finger Scan
12.10.5 Iris Scan
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 Capacitive Sensors
13.6.2 Optical Sensors
13.6.3 Electric Field Sensors
13.6.4 Thermal Sensors
13.6.5 Ultrasound Sensors
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 Voice Scan
13.10.2 Facial Scan
13.10.3 Hand Scan
13.10.4 Finger Scan
13.10.5 Iris Scan
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 Consumer Electronic Biometrics Market: Competitive Dashboard
14.2 Global Consumer Electronic Biometrics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IDEX
14.3.2 Infineon Technologies
14.3.3 M
14.3.4 CrossMatch Technologies
14.3.5 Suprema
14.3.6 NEC
14.3.7 Safran
14.3.8 ZKTeco
