Global Next Generation Biometric Market size was valued at USD 45.72 Bn in 2023 and is expected to reach USD 145.81 Bn by 2030, at a CAGR of 18.02 %.Overview
Biometry is used to verify personnel identity by analyzing the physical and behavioral characteristics. Different types of biometrics are biological, morphological, and behavioral. The common types of biometric identities used are fingerprint, facial recognition, voice recognition, iris recognition, and signature recognition. Next-generation biometrics provide high security and assurance, they are convenient and fast, non-transferable, and hard to fake. Growing demand for security applications including national ID cards, border crossing, and government benefits, etc. are influencing the growth of the global Next Generation Biometric Market.To know about the Research Methodology :- Request Free Sample Report
Next Generation Biometric Market Dynamics
Advancements in AI and Machine Learning to Revolutionize Biometric Authentication and Boost the Market The advancements in artificial intelligence (AI) and machine learning (ML) are significant drivers for the Next Generation Biometric Market. These technologies enhance the accuracy, speed, and reliability of biometric systems, enabling more sophisticated and secure authentication methods. AI and ML algorithms process vast amounts of data quickly, improving the ability to recognize and verify unique biological traits like fingerprints, facial features, and even behavioral patterns. This technological leap is crucial as it addresses the limitations of traditional biometric systems, reducing false positives and negatives. AI-powered biometrics are becoming more adaptive, learning from each interaction to refine their accuracy continually. As a result, industries such as finance, healthcare, and security are increasingly adopting these advanced biometric solutions, ensuring enhanced security measures, streamlined operations, and improved user experience.Government Investments in Next-Generation Biometric Technologies: Key Focus Areas
The growing population, increasing social benefits from government-sponsored programs, and increasing zero-trust mindset of the people are the factors driving the growth of the next-generation biometric market. Increased usage of smartphones, the growing banking, and finance sector, and the need for criminal identification are creating the demand for the next generation biometric market. According to the “UK’s University of Plymouth” study, “Gait biometric authentication” for smartphones provides high security from cybercrimes. “Garanti BBVA” a Turkish bank expected to introduce a biometric remote customer onboarding system from “Aware’s Knomi” company and Chile-based “Cencosud Scotia bank” agreed with “FacePhi” company to provide credit cards to the customers, by using FacePhi’s optical character reading and facial authentication technologies. These are some recent developments boosting the growth of the market. Increasing digital cards and biometric passports are boosting the global next-generation biometric market positively. Costa Rica’s expected to introduce its biometric passport from 2022. Cross-border digital identity services from “MasterCard” are expected to enter the market in 2022-23. These developments create a huge Next Generation Biometric Market during the forecast period. Some of the factors affecting the growth of the market are the high investment needed in biometrics for security, the chances of biometric database hacks, the need for advancement in machine learning and algorithms, and the occurrence of false identities. Multi-Modal Biometrics Converging Technologies for Superior Security to Drive the Market Growth A prominent trend in the Next Generation Biometric Market is the adoption of multi-modal biometrics, which combines multiple biometric modalities for authentication. This approach leverages the strengths of different biometric technologies such as fingerprint, facial recognition, iris scanning, and voice recognition to create a more robust and secure identification system. Multi-modal biometrics address the shortcomings of single-modal systems, such as susceptibility to spoofing or errors due to environmental factors. By integrating multiple biometric checks, this technology offers higher accuracy and reliability, making it harder for unauthorized users to bypass security. The convergence of these technologies is particularly beneficial in high-security environments like government facilities, financial institutions, and border control, where stringent verification processes are crucial. Additionally, multi-modal biometrics enhance user convenience by providing multiple ways to authenticate, catering to diverse user preferences and scenarios. Tokyo, November 8, 2022 - NEC Corporation (NEC; TSE: 6701) is beginning full-scale promotion of its latest multimodal biometric authentication solution, representing the flagship of its "Bio-IDiom" brand of biometric authentication. This new solution is the first to combine NEC's face recognition and iris recognition, which have each been recognized as the world's No. 1 by the US National Institute of Standards and Technology (NIST). NEC is launched sales of this solution in Japan and it isreleased to global markets in the spring of 2023. Such factors are expected to drive the Next Generation Biometric Market growth. Also, 3M Cogent MiY Biometric Access Control Readers are now integrated with Schneider Electric’s Andover Continuum™ Integrated Security and Building Management Solutions. This integration enables comprehensive user and credential management through CyberStation software, providing biometric capture and cardholder enrolment. The MiY product line, FIPS 201 certified, offers single to multi-factor access control. This collaboration enhances security, efficiency, and energy management in facilities, supporting optimal building performance and reducing costs. 3M’s identity management technologies are globally recognized for ensuring security in various applications. As a result, this support to increase the Next Generation Biometric Industry size and boost market growth. Expanding Healthcare Applications to Create Lucrative Opportunity for Market Growth Biometrics revolutionizes patient identification, ensuring accurate and secure access to medical records, streamlining patient check-ins, and reducing administrative errors. For instance, using biometric authentication, such as fingerprint or iris scanning, hospitals quickly and accurately verify patient identities, preventing medical fraud and improving the overall patient experience. Such healthcare sector presents a significant opportunity for the Next Generation Biometric Market. Moreover, biometrics enhance the security of sensitive medical data, ensuring compliance with stringent data protection regulations. The integration of biometrics into telemedicine platforms is another burgeoning opportunity, allowing for secure remote consultations and access to health services. As the healthcare industry continues to digitize and prioritize patient-centric care, the adoption of advanced biometric solutions can drive efficiency, enhance security, and improve patient outcomes, marking a pivotal shift in the sector's approach to identity management and data security.
Investment Area Description 1. Advanced Biometric Identification Systems Governments are funding the development and deployment of advanced biometric systems. 1. Facial Recognition Improving accuracy and speed for law enforcement, border control, and public safety. 2. Fingerprint and Palmprint Recognition Upgrading systems for large-scale identification tasks. 3. Iris and Retina Scanning Used in high-security environments and border control. 4. Voice Recognition Used for secure access to government services and authentication. 2. Artificial Intelligence and Machine Learning Enhancing the capabilities of biometric systems with AI and ML. 1. AI-driven Analytics Detecting fraud, identifying patterns, and improving decision-making. 2. Real-time Processing Developing AI algorithms for immediate verification and response. 3. Blockchain Technology Securing and managing biometric data with blockchain. 1. Secure Identity Management Creating immutable records of biometric data. 2. Decentralized Verification Systems Enhancing privacy and security. 4. Multi-Modal Biometrics Combining different biometric modalities for improved accuracy and security. 1.Integrated Systems Platforms handling multiple biometric inputs simultaneously. 2.Cross-Modality Analytics Analyzing and cross-verifying data from different biometric sources. In the realm of cybersecurity, the importance of next-generation biometric authentication cannot be overstated. As cyber threats continue to evolve and grow in sophistication, traditional security measures are proving increasingly inadequate. Passwords, in particular, have become a weak link in the chain, susceptible to a myriad of attacks such as phishing, brute force, and credential stuffing. Biometric authentication offers a formidable defense against these threats, raising the bar for attackers and significantly reducing the risk of unauthorized access. By replacing or augmenting traditional authentication methods with biometric techniques, organizations bolster their security posture and better protect their assets and sensitive data from cybercriminals. Such factors are expected to influence the healthcare sector present a significant opportunity for the Next Generation Biometric Market growth. However, privacy concerns regarding biometric data, data security, biometric spoofing, accuracy and reliability are some challenging factors of market growth.
Emerging Trends in Next-Generation Biometric Technology Trend Description Legacy Technology Obsolescence The National Institute of Standards and Technology (NIST) has highlighted the vulnerabilities in traditional two-factor authentication (2FA) methods, such as one-time passwords (OTPs). These are compromised through mobile porting and SIM swaps. With the rise of advanced biometric technologies, traditional 2FA may be significantly improved or become obsolete, similar to outdated security questions. Seamless User Experience Next-gen biometric technologies like gait analysis offer subtle, behind-the-scenes authentication. Gait analysis, perfected by UnifyID and now part of Prove, uses data from a phone’s accelerometer to measure unique walking patterns. This confirms the phone's rightful owner and promises a frictionless user experience. Researchers are even exploring its integration into airport floors for enhanced security. Supplementary Mobile Authentication While biometrics are effective for verifying a phone's current user, they do not confirm the device’s long-term owner. Combining biometrics with tools like Prove’s Trust Score better establishes a phone’s tenure and significantly reduces fraud, creating a more comprehensive security solution. Emphasis on Privacy Public concern over the invasive potential of biometric technology necessitates robust privacy measures. Historical misuse by law enforcement, like the Bertillon system, has led to distrust. To gain consumer acceptance, companies must implement zero-knowledge frameworks and strong privacy policies to ensure ethical use of biometric data. Next Generation Biometric Market Segment Analysis
By Technology: Based on the Technology Segment, the Next Generation Biometric market is sub-segmented into contact-based, contactless, and hybrid. The hybrid segment dominated the global market in 2023. Hybrid biometrics is a multimodal system that involves fingerprint, voice, face, and iris identification. The hybrid segment helps in reducing the false acceptance rate, false rejection rate, and increases usage of this segment in airport security, law enforcement, building access, and public transport. This wide range of applications has created the demand for the hybrid segment in the market. By Application Based on the Application Segment, the BFSI (Banking, Financial Services, and Insurance) sector is expected to account for approximately one-third of the global Next Generation Biometric Market from 2023 to 2030. Central banks are increasingly implementing biometric authentication, with institutions like Bank of America, JP Morgan Chase, and Wells Fargo allowing customers to log into mobile banking using fingerprint authentication. Additionally, voice authentication is being utilized to verify consumers in bank contact centers. By eliminating the need for passwords, next-generation biometric authentication enhances consumer satisfaction and drives demand in the banking sector. According to IDEMIA, a global leader in biometric solutions, the Indian banking industry has become more receptive to adopting secure and effective biometric technology in the post-COVID era as of July 2021. IDEMIA aims to provide a broad spectrum of advanced biometric protection and transaction solutions. These advancements in the BFSI industry are expected to significantly propel the growth of the next-generation biometrics market in the coming years.
Next Generation Biometric Market Regional Analysis
Asia-Pacific held the largest Next Generation Biometric market share in 2023. Economic growth in developing countries, increased attraction towards tourism and increased usage of IoT devices are the factors driving the growth of the market in this region. This growth is driven by ongoing innovations and the increasing availability of biometric technologies at more affordable prices. The adoption of next-generation biometrics by governments and various corporate sectors for identification purposes is further fuelling this growth. The demand for biometric identification technology is rising across multiple sectors, including gaming, retail, banking and finance, and healthcare. For instance, in the China Construction Bank (CCB) partnered with IDEX Biometrics to integrate biometric credentials into its digital renminbi operations. This initiative followed the launch of a digital yuan wallet app by CCB. The NFC-enabled biometric smart card introduced by CCB allows users to utilize virtual currency without the need for a smartphone. In September 2022, Incode, a next-generation identity confirmation platform, announced a partnership with TOTM Technologies to distribute Incode Omni identification solutions in Indonesia as part of its Asia-Pacific development. TOTM Technologies aims to broaden the reach of Indonesian enterprises. These advancements in the Asia-Pacific region are expected to drive significant growth in the Next Generation Biometric Market throughout the forecast period. The government of India is expecting to launch a “face biometric liveness check” program for pensioners, this digital ID initiative is expected to benefit 6.8 Mn pensioners in India. The government of India introduced “Facial Recognition Technology” (FRT) for onboarding passengers under the “DIGI YATRA SCHEME”. “Mantra Softech” agreed with the UP government to distribute ration through the use of biometrics. These are some recent developments expected to boost the growth of the biometric market in this region. US Treasury has placed “SenseTime” a Chinese AI and biometric firm on the blacklist. This US sanction slow the growth of the Next Generation Biometric Industry in this region. North America is the second dominating region in the Next Generation Biometric Market. The presence of major key players, increasing investment in biometric technology, and increasing data breaches are the factors attributing to the growth of the market. Under the Enhanced Border Security and Visa Entry Reform Act of 2002, the US mandated the use of biometric visas. “U.S. Patent and Trademark Office” granted biometric patents to “FingerprintCard” for the design and manufacturing of fingerprint sensing cards. These are the recent developments expected to boost the next-generation biometric market growth.Next Generation Biometric Market Scope: Inquiry Before Buying
Global Next Generation Biometric Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 45.72 Bn. Forecast Period 2024 to 2030 CAGR: 18.02% Market Size in 2030: US $ 145.81 Bn. Segments Covered: by Type Palm Print Recognition Face Recognition Fingerprint Recognition IRIS Recognition Others by Technology Contact based Contactless Hybrid by Component Hardware Software by Application Aerospace and Defence BFSI Healthcare Government Others Next Generation Biometric Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Next-Generation Biometric Key Players
1. Safran SA (France) 2. NEC Corporation (Japan) 3. 3M Cogent Inc. (USA) 4. Fujitsu Ltd. (Japan) 5. Suprema Inc. (South Korea) 6. Cross Match Technologies (USA) 7. Fulcrum Biometrics (USA) 8. Thales SA (France) 9. Bio-Key International Inc. (USA) 10. Precise Biometrics AB (Sweden) 11. Secunet Security Networks AG (Germany) 12. RCG Holdings Limited (China) 13. Fingerprint Cards AB (Sweden) 14. Siemens AG (Germany) 15. Facebanx (United Kingdom) Frequently Asked Questions: 1] What is the growth rate of the Global Next Generation Biometric Market? Ans. The Global Next Generation Biometric Market is growing at a significant rate of 18.02 % during the forecast period. 2] Which region is expected to dominate the Global Next Generation Biometric Market? Ans. APAC is expected to dominate the Next Generation Biometric Market during the forecast period. 3] What is the expected Global Next Generation Biometric Market size by 2030? Ans. The Next Generation Biometric Market size is expected to reach USD 145.81 Bn by 2030. 4] Which are the top players in the Global Next Generation Biometric Market? Ans. The major top players in the Global Next Generation Biometric Market are Safran SA, NEC Corporation, 3M Cogent Inc. (USA) and others. 5] What are the factors driving the Global Next Generation Biometric Market growth? Ans. The multi-modal biometrics converging technologies for superior security to drive the market growth. 6] Which country held the largest Global Next Generation Biometric Market share in 2023? Ans. China held the largest Next Generation Biometric Market share in 2023..
1. Next Generation Biometric Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Next Generation Biometric Market: Dynamics 2.1. Next Generation Biometric Market Trends by Region 2.1.1. North America Next Generation Biometric Market Trends 2.1.2. Europe Next Generation Biometric Market Trends 2.1.3. Asia Pacific Next Generation Biometric Market Trends 2.1.4. Middle East and Africa Next Generation Biometric Market Trends 2.1.5. South America Next Generation Biometric Market Trends 2.2. Next Generation Biometric Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Next Generation Biometric Market Drivers 2.2.1.2. North America Next Generation Biometric Market Restraints 2.2.1.3. North America Next Generation Biometric Market Opportunities 2.2.1.4. North America Next Generation Biometric Market Challenges 2.2.2. Europe 2.2.2.1. Europe Next Generation Biometric Market Drivers 2.2.2.2. Europe Next Generation Biometric Market Restraints 2.2.2.3. Europe Next Generation Biometric Market Opportunities 2.2.2.4. Europe Next Generation Biometric Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Next Generation Biometric Market Drivers 2.2.3.2. Asia Pacific Next Generation Biometric Market Restraints 2.2.3.3. Asia Pacific Next Generation Biometric Market Opportunities 2.2.3.4. Asia Pacific Next Generation Biometric Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Next Generation Biometric Market Drivers 2.2.4.2. Middle East and Africa Next Generation Biometric Market Restraints 2.2.4.3. Middle East and Africa Next Generation Biometric Market Opportunities 2.2.4.4. Middle East and Africa Next Generation Biometric Market Challenges 2.2.5. South America 2.2.5.1. South America Next Generation Biometric Market Drivers 2.2.5.2. South America Next Generation Biometric Market Restraints 2.2.5.3. South America Next Generation Biometric Market Opportunities 2.2.5.4. South America Next Generation Biometric Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Next Generation Biometric Industry 2.8. Analysis of Government Schemes and Initiatives For Next Generation Biometric Industry 2.9. Next Generation Biometric Market Trade Analysis 2.10. The Global Pandemic Impact on Next Generation Biometric Market 3. Next Generation Biometric Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 3.1.1. Palm Print Recognition 3.1.2. Face Recognition 3.1.3. Fingerprint Recognition 3.2. Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 3.2.1. Contact based 3.2.2. Contactless 3.2.3. Hybrid 3.3. Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 3.3.1. Hardware 3.3.2. Software 3.4. Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 3.4.1. Aerospace and Defence 3.4.2. BFSI 3.4.3. Healthcare 3.4.4. Government 3.4.5. Others 3.5. Next Generation Biometric Market Size and Forecast, by Region (2023-2030) 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. North America Next Generation Biometric Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 4.1.1. Palm Print Recognition 4.1.2. Face Recognition 4.1.3. Fingerprint Recognition 4.2. North America Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 4.2.1. Contact based 4.2.2. Contactless 4.2.3. Hybrid 4.3. North America Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 4.3.1. Hardware 4.3.2. Software 4.4. North America Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 4.4.1. Aerospace and Defence 4.4.2. BFSI 4.4.3. Healthcare 4.4.4. Government 4.4.5. Others 4.5. North America Next Generation Biometric Market Size and Forecast, by Country (2023-2030) 4.5.1. United States 4.5.1.1. United States Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 4.5.1.1.1. Palm Print Recognition 4.5.1.1.2. Face Recognition 4.5.1.1.3. Fingerprint Recognition 4.5.1.2. United States Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 4.5.1.2.1. Contact based 4.5.1.2.2. Contactless 4.5.1.2.3. Hybrid 4.5.1.3. United States Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 4.5.1.3.1. Hardware 4.5.1.3.2. Software 4.5.1.4. United States Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 4.5.1.4.1. Aerospace and Defence 4.5.1.4.2. BFSI 4.5.1.4.3. Healthcare 4.5.1.4.4. Government 4.5.1.4.5. Others 4.5.2. Canada 4.5.2.1. Canada Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 4.5.2.1.1. Palm Print Recognition 4.5.2.1.2. Face Recognition 4.5.2.1.3. Fingerprint Recognition 4.5.2.2. Canada Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 4.5.2.2.1. Contact based 4.5.2.2.2. Contactless 4.5.2.2.3. Hybrid 4.5.2.3. Canada Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 4.5.2.3.1. Hardware 4.5.2.3.2. Software 4.5.2.4. Canada Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 4.5.2.4.1. Aerospace and Defence 4.5.2.4.2. BFSI 4.5.2.4.3. Healthcare 4.5.2.4.4. Government 4.5.2.4.5. Others 4.5.3. Mexico 4.5.3.1. Mexico Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 4.5.3.1.1. Palm Print Recognition 4.5.3.1.2. Face Recognition 4.5.3.1.3. Fingerprint Recognition 4.5.3.2. Mexico Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 4.5.3.2.1. Contact based 4.5.3.2.2. Contactless 4.5.3.2.3. Hybrid 4.5.3.3. Mexico Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 4.5.3.3.1. Hardware 4.5.3.3.2. Software 4.5.3.4. Mexico Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 4.5.3.4.1. Aerospace and Defence 4.5.3.4.2. BFSI 4.5.3.4.3. Healthcare 4.5.3.4.4. Government 4.5.3.4.5. Others 5. Europe Next Generation Biometric Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 5.2. Europe Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 5.3. Europe Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 5.4. Europe Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 5.5. Europe Next Generation Biometric Market Size and Forecast, by Country (2023-2030) 5.5.1. United Kingdom 5.5.1.1. United Kingdom Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 5.5.1.2. United Kingdom Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 5.5.1.3. United Kingdom Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 5.5.1.4. United Kingdom Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 5.5.2. France 5.5.2.1. France Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 5.5.2.2. France Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 5.5.2.3. France Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 5.5.2.4. France Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 5.5.3. Germany 5.5.3.1. Germany Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 5.5.3.2. Germany Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 5.5.3.3. Germany Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 5.5.3.4. Germany Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 5.5.4. Italy 5.5.4.1. Italy Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 5.5.4.2. Italy Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 5.5.4.3. Italy Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 5.5.4.4. Italy Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 5.5.5. Spain 5.5.5.1. Spain Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 5.5.5.2. Spain Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 5.5.5.3. Spain Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 5.5.5.4. Spain Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 5.5.6. Sweden 5.5.6.1. Sweden Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 5.5.6.2. Sweden Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 5.5.6.3. Sweden Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 5.5.6.4. Sweden Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 5.5.7. Austria 5.5.7.1. Austria Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 5.5.7.2. Austria Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 5.5.7.3. Austria Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 5.5.7.4. Austria Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 5.5.8.2. Rest of Europe Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 5.5.8.3. Rest of Europe Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 5.5.8.4. Rest of Europe Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Next Generation Biometric Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.2. Asia Pacific Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.3. Asia Pacific Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.4. Asia Pacific Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5. Asia Pacific Next Generation Biometric Market Size and Forecast, by Country (2023-2030) 6.5.1. China 6.5.1.1. China Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.1.2. China Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.1.3. China Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.1.4. China Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5.2. S Korea 6.5.2.1. S Korea Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.2.2. S Korea Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.2.3. S Korea Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.2.4. S Korea Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5.3. Japan 6.5.3.1. Japan Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.3.2. Japan Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.3.3. Japan Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.3.4. Japan Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5.4. India 6.5.4.1. India Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.4.2. India Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.4.3. India Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.4.4. India Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5.5. Australia 6.5.5.1. Australia Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.5.2. Australia Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.5.3. Australia Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.5.4. Australia Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5.6. Indonesia 6.5.6.1. Indonesia Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.6.2. Indonesia Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.6.3. Indonesia Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.6.4. Indonesia Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5.7. Malaysia 6.5.7.1. Malaysia Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.7.2. Malaysia Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.7.3. Malaysia Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.7.4. Malaysia Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5.8. Vietnam 6.5.8.1. Vietnam Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.8.2. Vietnam Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.8.3. Vietnam Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.8.4. Vietnam Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5.9. Taiwan 6.5.9.1. Taiwan Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.9.2. Taiwan Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.9.3. Taiwan Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.9.4. Taiwan Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 6.5.10.2. Rest of Asia Pacific Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 6.5.10.3. Rest of Asia Pacific Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 6.5.10.4. Rest of Asia Pacific Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Next Generation Biometric Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 7.2. Middle East and Africa Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 7.3. Middle East and Africa Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 7.4. Middle East and Africa Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 7.5. Middle East and Africa Next Generation Biometric Market Size and Forecast, by Country (2023-2030) 7.5.1. South Africa 7.5.1.1. South Africa Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 7.5.1.2. South Africa Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 7.5.1.3. South Africa Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 7.5.1.4. South Africa Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 7.5.2. GCC 7.5.2.1. GCC Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 7.5.2.2. GCC Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 7.5.2.3. GCC Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 7.5.2.4. GCC Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 7.5.3. Nigeria 7.5.3.1. Nigeria Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 7.5.3.2. Nigeria Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 7.5.3.3. Nigeria Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 7.5.3.4. Nigeria Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 7.5.4.2. Rest of ME&A Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 7.5.4.3. Rest of ME&A Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 7.5.4.4. Rest of ME&A Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 8. South America Next Generation Biometric Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 8.2. South America Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 8.3. South America Next Generation Biometric Market Size and Forecast, by Component(2023-2030) 8.4. South America Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 8.5. South America Next Generation Biometric Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 8.5.1.2. Brazil Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 8.5.1.3. Brazil Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 8.5.1.4. Brazil Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 8.5.2.2. Argentina Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 8.5.2.3. Argentina Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 8.5.2.4. Argentina Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America Next Generation Biometric Market Size and Forecast, by Type (2023-2030) 8.5.3.2. Rest Of South America Next Generation Biometric Market Size and Forecast, by Technology (2023-2030) 8.5.3.3. Rest Of South America Next Generation Biometric Market Size and Forecast, by Component (2023-2030) 8.5.3.4. Rest Of South America Next Generation Biometric Market Size and Forecast, by Application (2023-2030) 9. Global Next Generation Biometric Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Next Generation Biometric Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Safran SA (France) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. NEC Corporation (Japan) 10.3. 3M Cogent Inc. (USA) 10.4. Fujitsu Ltd. (Japan) 10.5. Suprema Inc. (South Korea) 10.6. Cross Match Technologies (USA) 10.7. Fulcrum Biometrics (USA) 10.8. Thales SA (France) 10.9. Bio-Key International Inc. (USA) 10.10. Precise Biometrics AB (Sweden) 10.11. Secunet Security Networks AG (Germany) 10.12. RCG Holdings Limited (China) 10.13. Fingerprint Cards AB (Sweden) 10.14. Siemens AG (Germany) 10.15. Facebanx (United Kingdom) 11. Key Findings 12. Industry Recommendations 13. Next Generation Biometric Market: Research Methodology 14. Terms and Glossary