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Global Consumer Biometrics Market Share, Size, Analysis, Forecast: By Sensing Module: Fingerprint, Face Recognition, Eye/Iris Recognition; By End Use: Automotive, Smartphone/Tablet, PC/Laptop, Wearables, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2023-2028

Global Consumer Biometrics Market Outlook

The global consumer biometrics market size is estimated to grow at a CAGR of 15.30% in the forecast period of 2023-2028.

 

Rising Popularity of Fingerprint Sensing Module to Propel the Market Growth of Consumer Biometrics

The use of fingerprint sensing modules in consumer electronics has significantly increased. The rising integration of fingerprint sensors in smartphones or tablets to offer faster and more secure access to devices is leading to the consumer biometrics market expansion. There is a growing inclination towards large fingerprint sensors owing to their multiple advantages such as more accurate readings, reliability for securing sensitive data such as banking information and financial transactions, and enhanced protection of confidential consumer data.

 

The availability of different fingerprint sensing technologies like capacitive, ultrasonic, static, swipe-type, and optical fingerprint sensors are propelling the market for consumer biometrics. Moreover, the increasing competitiveness among fingerprint sensor manufacturers are boosting the development of cost-effective fingerprint sensors. Advancements in fingerprint sensing technology are leading to its emergence in fingerprint credit cards, which is expected to revolutionise the way people make payments and favour the consumer biometrics market growth over the forecast period.

 

Market Segmentation

Consumer biometrics refer to the use of biometrics in consumer electronic devices and other gadgets or systems, to identify individuals in a reliable and faster manner through unique biological characteristics. The devices capture biometric data such as an image of a face, a record of voice, or a fingerprint, which is then compared to the biometric data of others kept in a database to identify the individual. The different types of consumer biometrics include fingerprint sensors, iris recognition, voice recognition, and face recognition, among others.

 

The consumer biometrics market by sensing module is divided into:

  • Fingerprint
  • Face Recognition
  • Eye/Iris Recognition

 

Based on end use, the market is segmented into:

  • Automotive
  • Smartphone/Tablet
  • PC/Laptop
  • Wearables
  • Others

 

The regional markets for consumer biometrics can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Emergence of Biometrics in Several Applications to Drive the Consumer Biometrics Market Growth

The multiple benefits of consumer biometrics, such as enhanced security than password or card-based systems, unforgeability, and added convenience, are driving its use in several applications to enhance consumer lives. Consumer biometrics are also more reliable than knowledge-based verification systems like passwords or PINs and token-based systems like an ID card or license as these are difficult to remember and can easily get stolen. Advancements in various consumer electronics such as smartphones, laptops, PCs, and others are leading to the integration of technologies like consumer biometrics to provide consumers with ease and convenience.

 

The introduction of government policies to promote biometrics is also favouring the market growth. For instance, in January 2023, the Government of India selected Tata Consultancy Services for the Passport Seva Program, through which it aimed to enhance the citizen experience using technologies such as biometrics and others.  Technological advancements like the emergence of the Internet of things and smart homes are likely to fuel the use of consumer biometrics technology in smart doorbells equipped with facial recognition capabilities, which is expected to be one of the key consumer biometrics market trends in the coming years.

 

Key Players in the Global Market for Consumer Biometrics

The report gives a detailed analysis of the following key players in the global consumer biometrics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

 

  • Shenzhen Goodix Technology Co., Ltd.
  • IDEX Biometrics ASA
  • Infineon Technologies AG
  • Princeton Identity
  • STMicroelectronics NV
  • Others

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Sensing Module
  • End Use
  • Region
Breakup by Sensing Module
  • Fingerprint
  • Face Recognition
  • Eye/Iris Recognition
Breakup by End Use
  • Automotive
  • Smartphone/Tablet
  • PC/Laptop
  • Wearables
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Shenzhen Goodix Technology Co., Ltd.
  • IDEX Biometrics ASA
  • Infineon Technologies AG
  • Princeton Identity
  • STMicroelectronics NV
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions   
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments  
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Region
7    Industry Opportunities and Challenges  
8    Global Consumer Biometrics Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Consumer Biometrics Historical Market (2018-2022) 
    8.3    Global Consumer Biometrics Market Forecast (2023-2028)
    8.4    Global Consumer Biometrics Market by Sensing Module
        8.4.1    Fingerprint
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Face Recognition
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Eye/Iris Recognition
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    8.5    Global Consumer Biometrics Market by End Use
        8.5.1    Automotive
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Smartphone/Tablet
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    PC/Laptop
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Wearables
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global Consumer Biometrics Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Shenzhen Goodix Technology Co., Ltd.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    IDEX Biometrics ASA
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Infineon Technologies AG
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Princeton Identity
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    STMicroelectronics NV
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Consumer Biometrics Market: Key Industry Highlights, 2018 and 2028
2.    Global Consumer Biometrics Historical Market: Breakup by Sensing Module (USD Million), 2018-2022
3.    Global Consumer Biometrics Market Forecast: Breakup by Sensing Module (USD Million), 2023-2028
4.    Global Consumer Biometrics Historical Market: Breakup by End-Users (USD Million), 2018-2022
5.    Global Consumer Biometrics Market Forecast: Breakup by End-Users (USD Million), 2023-2028
6.    Global Consumer Biometrics Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Consumer Biometrics Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Consumer Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Consumer Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Consumer Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Consumer Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Consumer Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Consumer Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Consumer Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Consumer Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Consumer Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Consumer Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Consumer Biometrics Market Structure.

Key Questions Answered in the Report

The market is assessed to grow at a CAGR of 15.30% between 2023 and 2028.

The major market drivers include the expanding demand for consumer electronics with biometrics, increasing production of automobiles, and the rising popularity of fingerprint sensors.

The key market trends guiding the growth of the market include the growing use of consumer biometrics in several applications, multiple benefits of consumer biometrics, and technological advancements.

Biometrics are increasingly deployed in consumer electronics, wearables, and automobiles, among others, to prevent fraud and cybercrimes as well as protect data.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The significant sensing modules of consumer biometrics include fingerprint, face recognition, and eye/iris recognition.

Consumer biometrics posit various benefits, including convenience, enhanced safety, enhanced authentication, reliability, and improved consumer experiences and satisfaction, among others.

The major end uses of consumer biometrics include automotive, smartphone/tablet, PC/laptop, and wearables, among others.

The major consumer biometrics market players are Shenzhen Goodix Technology Co., Ltd., IDEX Biometrics ASA, Infineon Technologies AG, Princeton Identity, and STMicroelectronics NV, among others.

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