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)

BMIRE00030666 | Pages: 114 | Electronics and Semiconductor | Aug 2024 | Type: Regional | Status: Published

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 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)

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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 CONTENTS

 

1. 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

 

List of Tables

Table 1. Biometric Technologies Market Segmentation

Table 2. List of Vendors

Table 3. Analysis on the Use of Biometrics in Airports Around the World

Table 4. Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Table 5. Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Component

Table 6. Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Type

Table 7. Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Authentication Type

Table 8. Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by End User

Table 9. North America: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Country

Table 10. United States: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Component

Table 11. United States: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Type

Table 12. United States: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Authentication Type

Table 13. United States: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by End User

Table 14. Canada: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Component

Table 15. Canada: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Type

Table 16. Canada: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Authentication Type

Table 17. Canada: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by End User

Table 18. Mexico: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Component

Table 19. Mexico: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Type

Table 20. Mexico: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by Authentication Type

Table 21. Mexico: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion) - by End User

Table 22. List of Abbreviation

 

List of Figures

Figure 1. Biometric Technologies Market Segmentation, by Country

Figure 2. Ecosystem: Biometrics Technologies Market

Figure 3. Biometric Technologies Market - Key Market Dynamics

Figure 4. Impact Analysis of Drivers and Restraints

Figure 5. Biometric Technologies Market Revenue (US$ Billion), 2020-2030

Figure 6. Biometric Technologies Market Share (%) - by Component (2022 and 2030)

Figure 7. Hardware: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 8. Software: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 9. Services: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 10. Biometric Technologies Market Share (%) - by Type (2022 and 2030)

Figure 11. Contact: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 12. Contactless: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 13. Hybrid: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 14. Biometric Technologies Market Share (%) - by Authentication Type (2022 and 2030)

Figure 15. Single Factor Authentication: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 16. Multi factor Authentication: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 17. Biometric Technologies Market Share (%) - by End User (2022 and 2030)

Figure 18. Government: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 19. BFSI: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 20. Healthcare: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 21. Defense and Security: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 22. Others: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 23. North America: Biometric Technologies Market, By Key Country - Revenue 2022 (US$ Billion)

Figure 24. North America: Biometric Technologies Market Breakdown, by Key Countries, 2022 and 2030 (%)

Figure 25. United States: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 26. Canada: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 27. Mexico: Biometric Technologies Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 28. Heat Map Analysis by Key Players

Figure 29. Company Positioning & Concentration

 

 

1. Aware, Inc.

2. Thales SA

3. Cognitec Systems GmbH

4. NEC Corp

5. IDEMIA France SAS

6. HID Global Corp

7. Fujitsu Ltd

8. Leidos Holdings, Inc.

9. M2SYS Technology

10. Precise Biometrics AB

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America biometric technologies market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America biometric technologies market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America biometric technologies market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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