Global Biometric Forecast to 2012

SUMMARY

Biometrics is seeing rapid adoption in public and private sectors worldwide as an accurate, reliable and cost-saving way to offer better and advanced security surveillance. Over the past few years, the biometric technology has developed from a new technology used in a narrow band of closed environment applications to a useful, practical, fit-for-purpose tool used across a range of industries and in a wide variety of applications. Along with the governments across the world, a growing number of financial services firms are also considering the use of biometric technology strongly as a more efficient and secure method of identifying its potential customers, according to “Global Biometric Forecast to 2012”.

This analytical research thoroughly evaluates the global biometric market. It briefly discusses about the current and future scenario of biometric market across various regions, underlining the future potential areas and key issues crucial for the market development.

“Global Biometric Forecast to 2012” offers extensive research on various biometric technologies, acknowledging some of their widely used applications and contextualizing the role of biometrics as an important part of security suite available to government and private industry. It also highlights some of the countries undertaking major biometrics initiatives across the world.

For the purpose of this report, the global biometric market is defined as the aggregate biometric markets of North America, Asia-Pacific, Europe, Middle East & Africa, and South America.

Key Research Highlights

• Propelled by several regulatory compliances and mandates, the global biometric market is expected to grow at a CAGR of more than 20% through 2012.
• Biometric technologies like facial recognition, fingerprint, AFIS and iris are anticipated to account for more than 80% of the global biometric market by 2012.
• Iris recognition technology is projected to grow at a CAGR of nearly 36% from 2008 to 2012 followed by hand geometry, voice recognition and face recognition.
• Financial and healthcare sectors are likely to emerge as the major technology consumers over the forecast period with future CAGR pegged at around 45% and over 31% respectively.
• North America and Asia-Pacific together are expected to account for nearly 55% of the global biometric market by 2012.
• The global biometric market offers huge scope for devices/peripheral manufacturers and software developers to offer better quality services at affordable price in order to serve mass market.

The Report Answers

• What is the current status of global biometric market?
• Which factors are driving the global biometric market?
• What is the current scenario of various biometric technologies and how these technologies will perform in future?
• What are the potential biometric applications and what is their future outlook?
• Which vertical segment will have the highest growth potential in near future?
• What is the region-wise scenario of biometric market?
• How is the future outlook of biometric market across various regions?
• What are the areas of opportunities for the market?

Research Methodology Used in the Report

Information Sources

Information has been sourced from various credible sources like books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.

Analysis Method

The analysis methods used in this report include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.

TABLE OF CONTENTS

1. Analyst View

2. Introduction to Biometrics

• 2.1 Overview
• 2.2 How it Works?
• 2.3 Key Growth Factors
  • 2.3.1 Regulatory Compliance
  • 2.3.2 Identity & Access Management
  • 2.3.3 Network Security
  • 2.3.4 Standardization
  • 2.3.5 Increasing Private Participation
• 2.4 Market Restraints
  • 2.4.1 Privacy Concerns
  • 2.4.2 Physical Harm
  • 2.4.3 Convenience Issues
  • 2.4.4 Alternate Technologies

3. Global Biometric Market Analysis & Forecast to 2012

• 3.1 Overview
• 3.2 Regional Segmentation
  • 3.2.1 North America
  • 3.2.2 Asia-Pacific
  • 3.2.3 Europe
  • 3.2.4 Middle East & Africa
  • 3.2.5 South America
• 3.3 Biometric Technologies
  • 3.3.1 Fingerprint Recognition
  • 3.3.2 Facial Recognition
  • 3.3.3 Iris Recognition
  • 3.3.4 Hand Geometry
  • 3.3.5 Voice Recognition
  • 3.3.6 AFIS
  • 3.3.7 Multimodal Biometrics
• 3.4 Biometric Applications
  • 3.4.1 Civil Identification
  • 3.4.2 Criminal Identification
  • 3.4.3 Consumer Identification
  • 3.4.4 Access Control/Attendance
  • 3.4.5 Device/System Access
  • 3.4.6 Surveillance
• 3.5 Biometric Verticals & Country Level Initiatives
  • 3.5.1 Law Enforcement
  • 3.5.2 Government
  • 3.5.3 Banking & Finance
  • 3.5.4 Healthcare
  • 3.5.5 Transportation
  • 3.5.6 Retail
  • 3.5.7 Others

4. Biometric Standards

List of Figures:

• Figure 2-1: Example of Standalone Configuration
• Figure 2-2: Example of Network Configuration
• Figure 2-3: Example of Wiegand Integration
• Figure 2-4: Example of Smart Card Integration
• Figure 2-5: Example of Full Biometric Integration
• Figure 3-1: Global - Biometric Market* (in Billion US$), 2005-2007
• Figure 3-2: Global - Forecast for Biometric Market (in Billion US$), 2008-2012
• Figure 3-3: Global - Biometric Market by Technology (%), 2007E
• Figure 3-4: Global - Forecast for Biometric Market by Technology (%), 2012
• Figure 3-5: Global - Biometric Market by Application (%), 2007E
• Figure 3-6: Global - Forecast for Biometric Market by Application (%), 2012
• Figure 3-7: Global - Biometric Market by Region (%), 2007E
• Figure 3-8: Global - Forecast for Biometric Market by Region (%), 2012
• Figure 3-9: North America - Biometric Market (in Million US$), 2005-2007E
• Figure 3-10: North America - Forecast for Biometric Market by Technology (%), 2008
• Figure 3-11: North America - Forecast for Biometric Market (in Million US$), 2008-2012
• Figure 3-12: Asia-Pacific - Biometric Market* (in Million US$), 2005-2007
• Figure 3-13: Asia-Pacific - Forecast for Biometric Market (in Million US$), 2008-2012
• Figure 3-14: Europe - Biometric Market* (in Million US$), 2005-2007
• Figure 3-15: Europe - Forecast for Biometric Market (in Million US$), 2008-2012
• Figure 3-16: Middle East & Africa - Biometric Market* (in Million US$), 2005-2007
• Figure 3-17: Middle East & Africa - Forecast for Biometric Market (in Million US$), 2008-2012
• Figure 3-18: South America - Biometric Market (in Million US$), 2005-2007E
• Figure 3-19: South America - Forecast for Biometric Market (in Million US$), 2008-2012
• Figure 3-20: Global - Fingerprint Recognition Market (in Million US$), 2005 & 2007E
• Figure 3-21: Global - Forecast for Fingerprint Recognition Market (in Million US$), 2008-2012
• Figure 3-22: Global - Facial Recognition Market (in Million US$), 2005 & 2007E
• Figure 3-23: Global - Forecast for Facial Recognition Market (in Million US$), 2008-2012
• Figure 3-24: Global - Iris Recognition Market (in Million US$), 2005 & 2007E
• Figure 3-25: Global - Forecast for Iris Recognition Market (in Million US$), 2008-2012
• Figure 3-26: Global - Hand Geometry Market (in Million US$), 2005 & 2007E
• Figure 3-27: Global - Forecast for Hand Geometry Market (in Million US$), 2008-2012
• Figure 3-28: Global - Voice Recognition Market (in Million US$), 2005 & 2007E
• Figure 3-29: Global - Forecast for Voice Recognition Market (in Million US$), 2008-2012
• Figure 3-30: Global - AFIS Market (in Million US$), 2005 & 2007E
• Figure 3-31: Global - Forecast for AFIS Market (in Million US$), 2008-2012
• Figure 3-32: Global - Forecast for Multimodal Biometric Market (in Million US$), 2008-2012
• Figure 3-33: Global - Biometric Market* in Civil ID (in Million US$), 2006 & 2007
• Figure 3-34: Global - Forecast for Biometric Market in Civil ID (in Million US$), 2008, 2010 & 2012
• Figure 3-35: Global - Biometric Market* in Criminal ID (in Million US$), 2006 & 2007
• Figure 3-36: Global - Forecast for Biometric Market in Criminal ID (in Million US$), 2008, 2010 & 2012
• Figure 3-37: Global - Biometric Market* in Consumer ID (in Million US$), 2006 & 2007
• Figure 3-38: Global - Forecast for Biometric Market in Consumer ID (in Million US$), 2008, 2010 & 2012
• Figure 3-39: Global - Biometric Market* in Access Control/Attendance (in Million US$), 2006 & 2007
• Figure 3-40: Global - Forecast for Biometric Market in Access Control/Attendance (in Million US$), 2008, 2010 & 2012
• Figure 3-41: Global - Biometric Market* in Device/System Access (in Million US$), 2006 & 2007
• Figure 3-42: Global - Forecast for Biometric Market in Device/System Access (in Million US$), 2008, 2010 & 2012
• Figure 3-43: Global - Biometric Market* in Surveillance (in Million US$), 2006 & 2007
• Figure 3-44: Global - Forecast for Biometric Market in Surveillance (in Million US$), 2008, 2010 & 2012
• Figure 3-45: Global - Biometric Market* in Law Enforcement (in Million US$), 2006 & 2007
• Figure 3-46: Global - Forecast for Biometric Market in Law Enforcement (in Million US$), 2008, 2010 & 2012
• Figure 3-47: Global - Biometric Market* in Government Sector (in Million US$), 2006 & 2007
• Figure 3-48: Global - Forecast for Biometric Market in Government Sector (in Million US$), 2008, 2010 & 2012
• Figure 3-49: Global - Biometric Market* in Financial Sector (in Million US$), 2006 & 2007
• Figure 3-50: Global - Forecast for Biometric Market in Financial Sector (in Million US$), 2008, 2010 & 2012
• Figure 3-51: Global - Biometric Market* in Healthcare (in Million US$), 2006 & 2007
• Figure 3-52: Global - Forecast for Biometric Market in Healthcare (in Million US$), 2008, 2010 & 2012
• Figure 3-53: Global - Biometric Market* in Transportation (in Million US$), 2006 & 2007
• Figure 3-54: Global - Forecast for Biometric Market in Transportation (in Million US$), 2008, 2010 & 2012
• Figure 3-55: Global - Biometric Market* in Retail (in Million US$), 2006 & 2007
• Figure 3-56: Global - Forecast for Biometric Market in Retail (in Million US$), 2008, 2010 & 2012