North America Biometric Technologies Market Forecast to 2030 - Regional Analysis - by Component (Hardware, Software, and Services), Type (Contact, Contactless, and Hybrid), Authentication Type (Single Factor Authentication and Multi-factor Authentication), and End User (Government, BFSI, Healthcare, Defense & Security, and Others)
The North America biometric technologies market was valued at US$ 13,516.24 million in 2022 and is expected to reach US$ 45,097.67 million by 2030; it is estimated to register a CAGR of 16.3% from ... もっと見る
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SummaryThe North America biometric technologies market was valued at US$ 13,516.24 million in 2022 and is expected to reach US$ 45,097.67 million by 2030; it is estimated to register a CAGR of 16.3% from 2022 to 2030.Increasing Use of Biometric Systems at Airports Fuels North America Biometric Technologies Market Airports around the world are actively exploring and implementing biometric solutions at various touchpoints, including check-in kiosks, security checkpoints, and boarding gates, which results into a continuous demand for new hardware and software systems. As airport administrations experience success with initial implementations, they are likely to expand the application of biometrics to other areas at airports, creating additional demand for technology and integrations. Moreover, facial recognition is becoming common in airport operations. For instance, in February 2024, passenger screening using facial recognition software was made available to select travelers at La Guardia by Delta Air Lines and the Transportation Security Administration. This explains how biometric technology, which uses an individual's unique physical identifiers such as face or fingerprints, promises to transform airline operations and traveling experience. Therefore, the increasing use of biometric technology in airports presents a significant biometric technology market trend. North America Biometric Technologies Market Overview The US, Canada, and Mexico are among the major economies in North America. This region accounts for a significant share of the biometric technologies market. Surging data theft identity fraud incidences, and terrorist operations, among other security breaches, are driving the biometric technologies market in North America. In October 2023, the House Foreign Affairs Committee and the U.S. Senate Committee on Homeland Security & Governmental Affairs faced a cyberattack from Vietnamese hackers trying to install spyware on the phones of journalists. This propels the demand and adoption of biometrics technologies to handle unlawful practices and enhances national security. Biometric authentication in phones unlocks greater security due to its resistance to most common cyberattacks such as password cracking or phishing. Biometric technologies offer an efficient way to keep physical attacks and cyber-attacks in check by delivering more stringent security measures to users. The market in North America is anticipated to expand at a significant rate during the forecast period owing to the surging demand for biometrics solutions from the IT sector and the rising number of phishing attacks. This encourages market players to develop advanced software to support their customers to fight against credential theft. For instance, as per a company press release, in November 2023, Accu-Time Systems, Inc. announced the launch of the Only|You Face facial recognition system for providing secure, safe, and touchless timekeeping workflows. Only|You Face provides a more hygienic alternative to fingerprint readers or keypads. In Canada, the government is embracing biometrics technologies to strengthen national security measures. Stringent government rules and regulations related to the use of biometrics are driving the market. For instance, in January 2024, the Privacy Commissioner of Canada (OPC) drafted guidelines related to the use of biometrics for appropriate purposes. These guidelines refrained from profiling or categorization that leads to unfair, unethical, or discriminatory treatment contrary to human rights law. North America Biometric Technologies Market Revenue and Forecast to 2030 (US$ Billion) North America Biometric Technologies Market Segmentation The North America biometric technologies market is categorized into component, type, authentication type, end user, and country. Based on component, the North America biometric technologies market is segmented into hardware, software, and services. The hardware segment held the largest share of North America biometric technologies market share in 2022. In terms of type, the North America biometric technologies market is segmented into contact, contactless, and hybrid. The contact segment held the largest share of North America biometric technologies market in 2022. By authentication type, the North America biometric technologies market is bifurcated into single factor authentication and multi factor authentication. The single factor authentication segment held a larger share of North America biometric technologies market in 2022. Based on end user, the North America biometric technologies market is categorized into government, BFSI, healthcare, defense & security, and others. The government segment held the largest share of North America biometric technologies market in 2022 By country, the North America biometric technologies market is segmented into the US, Canada, and Mexico. The US dominated the North America biometric technologies market share in 2022. Aware, Inc.; Thales SA; Cognitec Systems GmbH; NEC Corp; IDEMIA France SAS; HID Global Corp; Fujitsu Ltd; Leidos Holdings, Inc.; M2SYS Technology; and Precise Biometrics AB are some of the leading companies operating in the North America biometric technologies market. Table of ContentsTABLE OF CONTENTS1. Introduction 1.1 The Insight Partners Research Report Guidance 1.2 Market Segmentation 2. Executive Summary 2.1 Key Insights 2.2 Market Attractiveness 3. Research Methodology 3.1 Coverage 3.2 Secondary Research 3.3 Primary Research 4. Biometric Technologies Market Landscape 4.1 Overview 4.2 Ecosystem Analysis 4.2.1 List of Vendors in the Value Chain 4.3 Premium Insight 4.3.1 Analysis on the Use of Biometrics in Airports Around the World 5. North America Biometric Technologies Market - Key Market Dynamics 5.1 Market Drivers 5.1.1 Rising Use of Biometric Technologies in Consumer Electronics 5.1.1 Expanding Application Range in Government Sector 5.1.2 Increasing Crime Rates 5.2 Market Restraints 5.2.1 High Capital Requirements 5.2.2 Data Security Concerns 5.3 Market Opportunities 5.3.1 Technological Advancements Reinforcing Security Levels 5.4 Future Trends 5.4.1 Increasing Use of Biometric Systems at Airports 5.5 Impact of Drivers and Restraints: 6. Biometric Technologies Market - North America Analysis 6.1 Overview 6.2 Biometric Technologies Market Revenue (US$ Billion), 2020-2030 6.3 Biometric Technologies Market Forecast Analysis 7. North America Biometric Technologies Market Analysis - by Component 7.1 Hardware 7.1.1 Overview 7.1.2 Hardware: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 7.2 Software 7.2.1 Overview 7.2.2 Software: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 7.3 Services 7.3.1 Overview 7.3.2 Services: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 8. North America Biometric Technologies Market Analysis - by Type 8.1 Contact 8.1.1 Overview 8.1.2 Contact: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 8.2 Contactless 8.2.1 Overview 8.2.2 Contactless: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 8.3 Hybrid 8.3.1 Overview 8.3.2 Hybrid: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 9. North America Biometric Technologies Market Analysis - by Authentication Type 9.1 Single Factor Authentication 9.1.1 Overview 9.1.2 Single Factor Authentication: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 9.2 Multi factor Authentication 9.2.1 Overview 9.2.2 Multi factor Authentication: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 10. North America Biometric Technologies Market Analysis - by End User 10.1 Government 10.1.1 Overview 10.1.2 Government: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 10.2 BFSI 10.2.1 Overview 10.2.2 BFSI: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 10.3 Healthcare 10.3.1 Overview 10.3.2 Healthcare: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 10.4 Defense and Security 10.4.1 Overview 10.4.2 Defense and Security: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 10.5 Others 10.5.1 Overview 10.5.2 Others: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 11. North America Biometric Technologies Market - Country Analysis 11.1 North America Market Overview 11.1.1 North America: Biometric Technologies Market, By Key Country - Revenue 2022 (US$ Billion) 11.1.2 North America: Biometric Technologies Market - Revenue and Forecast Analysis - by Country 11.1.2.1 North America: Biometric Technologies Market - Revenue and Forecast Analysis - by Country 11.1.2.2 United States: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 11.1.2.2.1 United States: Biometric Technologies Market Breakdown, by Component 11.1.2.2.2 United States: Biometric Technologies Market Breakdown, by Type 11.1.2.2.3 United States: Biometric Technologies Market Breakdown, by Authentication Type 11.1.2.2.4 United States: Biometric Technologies Market Breakdown, by End User 11.1.2.3 Canada: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 11.1.2.3.1 Canada: Biometric Technologies Market Breakdown, by Component 11.1.2.3.2 Canada: Biometric Technologies Market Breakdown, by Type 11.1.2.3.3 Canada: Biometric Technologies Market Breakdown, by Authentication Type 11.1.2.3.4 Canada: Biometric Technologies Market Breakdown, by End User 11.1.2.4 Mexico: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) 11.1.2.4.1 Mexico: Biometric Technologies Market Breakdown, by Component 11.1.2.4.2 Mexico: Biometric Technologies Market Breakdown, by Type 11.1.2.4.3 Mexico: Biometric Technologies Market Breakdown, by Authentication Type 11.1.2.4.4 Mexico: Biometric Technologies Market Breakdown, by End User 12. Competitive Landscape 12.1 Heat Map Analysis by Key Players 12.2 Company Positioning & Concentration 13. Industry Landscape 13.1 Overview 13.2 Market Initiative 13.3 Product Development 13.4 Merger and Acquisition 14. Company Profiles 14.1 Aware, Inc. 14.1.1 Key Facts 14.1.2 Business Description 14.1.3 Products and Services 14.1.4 Financial Overview 14.1.5 SWOT Analysis 14.1.6 Key Developments 14.2 Thales SA 14.2.1 Key Facts 14.2.2 Business Description 14.2.3 Products and Services 14.2.4 Financial Overview 14.2.5 SWOT Analysis 14.2.6 Key Developments 14.3 Cognitec Systems GmbH 14.3.1 Key Facts 14.3.2 Business Description 14.3.3 Products and Services 14.3.4 Financial Overview 14.3.5 SWOT Analysis 14.3.6 Key Developments 14.4 NEC Corp 14.4.1 Key Facts 14.4.2 Business Description 14.4.3 Products and Services 14.4.4 Financial Overview 14.4.5 SWOT Analysis 14.4.6 Key Developments 14.5 IDEMIA France SAS 14.5.1 Key Facts 14.5.2 Business Description 14.5.3 Products and Services 14.5.4 Financial Overview 14.5.5 SWOT Analysis 14.5.6 Key Developments 14.6 HID Global Corp 14.6.1 Key Facts 14.6.2 Business Description 14.6.3 Products and Services 14.6.4 Financial Overview 14.6.5 SWOT Analysis 14.6.6 Key Developments 14.7 Fujitsu Ltd 14.7.1 Key Facts 14.7.2 Business Description 14.7.3 Products and Services 14.7.4 Financial Overview 14.7.5 SWOT Analysis 14.7.6 Key Developments 14.8 Leidos Holdings, Inc. 14.8.1 Key Facts 14.8.2 Business Description 14.8.3 Products and Services 14.8.4 Financial Overview 14.8.5 SWOT Analysis 14.8.6 Key Developments 14.9 M2SYS Technology 14.9.1 Key Facts 14.9.2 Business Description 14.9.3 Products and Services 14.9.4 Financial Overview 14.9.5 SWOT Analysis 14.9.6 Key Developments 14.10 Precise Biometrics AB 14.10.1 Key Facts 14.10.2 Business Description 14.10.3 Products and Services 14.10.4 Financial Overview 14.10.5 SWOT Analysis 14.10.6 Key Developments 15. Appendix 15.1 About the Insight Partners 15.2 Word Index
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