This industry research report presents a detailed segmentation of the global biometrics market in the government sector by technology (fingerprint recognition, facial recognition, iris recognition, voice recognition, DNA analysis, and others), by end user (defense department, homeland security department, and others), and by geography (APAC, Europe, MEA, North America, and South America). Leading vendors in the market are Cross Match Technologies, 3M Cogent, M2SYS, NEC, and Safran.
Technavio’s market research analysts estimate the global biometrics market in the government sector to grow at a CAGR of almost 12% between 2016 and 2020. The biometric solutions such as fingerprint recognition in order to minimize security threats is the primary driver for this market. Initiatives by governments to build national identification databases and provide services such as e-passports and e-visas are also expected to contribute to the growth of the market. North America dominates the global biometrics market in the government sector, accounting for a market share of almost 33% in 2015. The high adoption of fingerprint biometric systems in the government sector, the availability of infrastructural resources and the penetration of vendors are some of the factors that are contributing to the growth of the biometrics market in the government sector in this region.
The new market research report from Technavio presents a breakdown and analysis of the global biometrics segment by technology.
“The advancement in technology has led to the development of touchless sensing technology. The technology enables the generation of a 3D fingerprint scan resolve the problems with the traditional fingerprint recognition technology. The 3D fingerprint technology also makes it possible to achieve a high-quality, large, and nail end to nail bed representation of the finger,” says Amrita Choudhury, Lead Analyst, ICT, Technavio Research.
Of late, fingerprint technology dominates the global biometrics market in the government sector, accounting for a market share of around 47% and is expected to grow at a CAGR of almost 10% by 2020. The increase in the adoption of high adoption of fingerprint technology for law enforcement and defense applications is the primary cause for the growth of this market. The advancement in technologies such as palm vein recognition, DNA analysis, and hand geometry recognition are also expected to fuel the growth of the global biometrics market in the government sector during the forecast period.
The key vendors in the global biometrics market in the government sector include Cross Match Technologies, 3M Cogent, M2SYS, NEC, and Safran. Although the global biometrics market in the government sector is in its maturity stage, the market is highly competitive due to the presence of several multinational vendors. The market still has a lot of scope for growth, which will encourage the entry of new players during the forecast period. Large vendors often acquire the smaller vendors to expand their product portfolio and market shares. The competition is likely to get intense with an increase in solution extensions, technological innovations, and M&A activity.
A more detailed analysis is available on the Technavio report, Global Biometrics Market in the Government Sector 2016-2020.
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