Market Overview:
The global embedded biometric modules 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 embedded biometric modules for various applications, such as automotive, consumer electronics, smart home, security and others. In addition, the growing awareness about the benefits of using embedded biometric modules is also contributing to the growth of this market.
Product Definition:
Embedded biometric modules are devices that use biometric technology to identify or verify the identity of a person. They are often used in security applications, such as access control or identification systems. Embedded biometric modules can be used to enhance the security of these systems by providing an extra layer of authentication.
Fingerprint Identification:
Fingerprint identification is a technology that involves the use of an individual's fingerprint as a means of identifying them. It is used for the verification of an individual’s identity during the enrollment and authentication processes in various sectors such as government, banking, financial institutions, educational institutes and corporate companies among others. The technology has gained significant traction over recent years owing to its benefits such as high accuracy and reliability along with being faster than traditional methods such as password or OTP (One Time Password).
Vein Identification:
The global vein identification and it's usage in embedded biometric modules market size was valued at USD 0.00 in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for vein identification technology from law enforcement agencies, defense sector, healthcare sector among others is anticipated to drive the market growth over the forecast period.
Application Insights:
The auto application segment accounted for the largest revenue share in 2016 and is projected to continue leading over the forecast period. The increasing use of embedded biometric modules in automobiles to carry out authentication of users based on their finger print patterns is expected to drive the market growth over the coming years. Embedded biometric modules are used for access control, identity proofing, and information security among others.
Consumer electronics application segment was valued at USD 175 million in 2016 owing to increased demand from smartphones, tablets and other devices with integrated Fingerprint Identification Systems (FIS). These systems help detect frauds by matching user's fingerprint against stored prints at a high speed. Increasing adoption of these systems by banks, telecom companies and government agencies for identification purposes is expected to drive product demand over the coming years.
Regional Analysis:
North America is expected to be the fastest-growing regional market over the forecast period. The region’s growth can be attributed to increasing government initiatives and regulations for safety purposes, which has led to a rise in embedded biometric systems integration in various applications such as smart cards, ID badges, access control systems, and others. For instance, according to National Highway Traffic Safety Administration (NHTSA), vehicle fatalities have been reduced by more than 50% since 2011 when it started incorporating BAI technology into its vehicles.
The Asia Pacific is anticipated to witness significant growth over the next eight years owing with rapid urbanization across emerging economies such as India and China. Furthermore growing concerns regarding personal security are also expected drive regional demand for embedded biometric modules during the forecast period.
Growth Factors:
- Increasing demand for biometric authentication in various applications such as banking and finance, defense, healthcare, and others is expected to drive the growth of the embedded biometric modules market.
- The increasing use of smartphones and other portable devices is also projected to fuel the growth of the market during the forecast period.
- Growing concerns over security and safety are anticipated to propel the demand for embedded biometric modules in various end-use industries.
- The rising trend of Bring Your Own Device (BYOD) is also expected to boost the adoption rate of embedded biometric modules across different sectors worldwide.
- Technological advancements in fingerprint recognition technology are likely to create new opportunities for players operating in this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Embedded Biometric Modules Market Research Report
By Type
Fingerprint Identification, Vein Identification, Iris Identification, Voiceprint Identification, Other
By Application
Auto, Consumer Electronics, Smart Home, Security, Other
By Companies
IDEMIA, id3 Technologies, Suprema Inc, Precise Biometrics, Fingerprints, NEXT Biometrics, Gemalto, IDEX Biometrics, KONA I, MeReal Biometrics, Mantra
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Embedded Biometric Modules Market Report Segments:
The global Embedded Biometric Modules market is segmented on the basis of:
Types
Fingerprint Identification, Vein Identification, Iris Identification, Voiceprint Identification, Other
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
Auto, Consumer Electronics, Smart Home, Security, Other
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:
- IDEMIA
- id3 Technologies
- Suprema Inc
- Precise Biometrics
- Fingerprints
- NEXT Biometrics
- Gemalto
- IDEX Biometrics
- KONA I
- MeReal Biometrics
- Mantra
Highlights of The Embedded Biometric Modules 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 Identification
- Vein Identification
- Iris Identification
- Voiceprint Identification
- Other
- By Application:
- Auto
- Consumer Electronics
- Smart Home
- Security
- Other
- 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 Embedded Biometric Modules 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?
Embedded biometric modules are devices that can be inserted into the body to collect and store data about a person's physical characteristics. This data can then be used to identify the person, or to verify their identity.
Some of the key players operating in the embedded biometric modules market are IDEMIA, id3 Technologies, Suprema Inc, Precise Biometrics, Fingerprints, NEXT Biometrics, Gemalto, IDEX Biometrics, KONA I, MeReal Biometrics, Mantra.
The embedded biometric modules 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 Embedded Biometric Modules 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 Embedded Biometric Modules Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Embedded Biometric Modules 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 Embedded Biometric Modules 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 Embedded Biometric Modules Market Size & Forecast, 2020-2028
4.5.1 Embedded Biometric Modules Market Size and Y-o-Y Growth
4.5.2 Embedded Biometric Modules 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 Identification
5.2.2 Vein Identification
5.2.3 Iris Identification
5.2.4 Voiceprint Identification
5.2.5 Other
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 Auto
6.2.2 Consumer Electronics
6.2.3 Smart Home
6.2.4 Security
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Embedded Biometric Modules 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 Embedded Biometric Modules 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 Identification
9.6.2 Vein Identification
9.6.3 Iris Identification
9.6.4 Voiceprint Identification
9.6.5 Other
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 Auto
9.10.2 Consumer Electronics
9.10.3 Smart Home
9.10.4 Security
9.10.5 Other
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 Identification
10.6.2 Vein Identification
10.6.3 Iris Identification
10.6.4 Voiceprint Identification
10.6.5 Other
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 Auto
10.10.2 Consumer Electronics
10.10.3 Smart Home
10.10.4 Security
10.10.5 Other
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 Identification
11.6.2 Vein Identification
11.6.3 Iris Identification
11.6.4 Voiceprint Identification
11.6.5 Other
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 Auto
11.10.2 Consumer Electronics
11.10.3 Smart Home
11.10.4 Security
11.10.5 Other
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 Identification
12.6.2 Vein Identification
12.6.3 Iris Identification
12.6.4 Voiceprint Identification
12.6.5 Other
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 Auto
12.10.2 Consumer Electronics
12.10.3 Smart Home
12.10.4 Security
12.10.5 Other
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 Identification
13.6.2 Vein Identification
13.6.3 Iris Identification
13.6.4 Voiceprint Identification
13.6.5 Other
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 Auto
13.10.2 Consumer Electronics
13.10.3 Smart Home
13.10.4 Security
13.10.5 Other
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 Embedded Biometric Modules Market: Competitive Dashboard
14.2 Global Embedded Biometric Modules Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IDEMIA
14.3.2 id3 Technologies
14.3.3 Suprema Inc
14.3.4 Precise Biometrics
14.3.5 Fingerprints
14.3.6 NEXT Biometrics
14.3.7 Gemalto
14.3.8 IDEX Biometrics
14.3.9 KONA I
14.3.10 MeReal Biometrics
14.3.11 Mantra
