Report overview
Rapid technological advancements in the field of biometric recognition and identification systems along with advancements in computing and other supporting fields, fueled companies spending significantly on research and development in the biometric systems domain. Such technical accomplishments have stemmed from a strong emphasis on the application of such technologies by national governments, which have in turn resulted in a sharp decline in prices of scanning devices and associated components, in the process providing further impetus to investment in the sector.
This report aims to provide a comprehensive presentation of the global market for Biometrics Spending in Government, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biometrics Spending in Government. This report contains market size and forecasts of Biometrics Spending in Government in global, including the following market information:
Global Biometrics Spending in Government Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Biometrics Spending in Government market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Security of data and assets has been a key concern for enterprises, banks, government organizations, telecommunications, hospitals, as well as individuals. Keys, identity badges, and numeric keypads were previously being used to prevent unauthorised access. Technological advancements resulted in the introduction of two-factor authentication, wherein individuals could gain access to secure premises after being authenticated using two different components, such as hardware devices and numeric codes. However, hackers also could easily gain access to hardware devices and obtain numeric codes.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biometrics Spending in Government companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biometrics Spending in Government Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Biometrics Spending in Government Market Segment Percentages, by Type, 2022 (%)
Fingerprint Identification
DNA Analysis
Iris Recognition
Facial Recognition
Voice Recognition
Global Biometrics Spending in Government Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Biometrics Spending in Government Market Segment Percentages, by Application, 2022 (%)
Hardware in the Government Sector
Software in the Government Sector
Integrated Solutions in the Government Sector
Services in the Government Sector
Global Biometrics Spending in Government Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Biometrics Spending in Government Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biometrics Spending in Government revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Biometrics Spending in Government revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
3M Cogent
BioEnable
Cross Match Technologies
NEC
Safran
Outline of Major Chapters:
Chapter 1: Introduces the definition of Biometrics Spending in Government, market overview.
Chapter 2: Global Biometrics Spending in Government market size in revenue.
Chapter 3: Detailed analysis of Biometrics Spending in Government company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Biometrics Spending in Government in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
