Compare the size of enterprise market modalities, namely the size of markets based on fingerprint, face recognition, iris recognition, and vein recognition technologies.
Gain a deeper understanding of the enterprise biometrics market and develop a coherent digital security strategy.
Gain insight into shipments, revenue, and Average Selling Prices (ASPs) for biometric devices based on fingerprint, iris, face, and vein recognition.
Critical Questions Answered
How is the global enterprise biometrics market evolving over time?
How will ASPs based on modality and technology evolve over time?
Which biometric devices and markets should implementers invest in—both for the long term and near future?
After weathering the storm of the pandemic in 2020 and 2021, the market is now experiencing a renaissance of growth. Still, global macroeconomic concerns, particularly inflation, uncertainty, and interest rates, are negatively influencing market trends.
Contactless biometrics technologies, namely facial recognition, are versatile in adapting to new applications, and poised to become the dominant form of biometrics, surpassing fingerprint technologies.
With the adoption of personal devices, such as cellphones, not only consumers, but enterprises will also eventually embrace Bring-Your-Own-Device (BYOD) strategies for Identity (ID) authentication. This could impact the sale of dedicated biometric ID devices where the technology could be implemented via mobile phones.
Who Should Read This?
Biometric hardware manufacturers and vendors.
Digital security players, biometric software and algorithm developers.
System integrators and service providers.
Governmental, regulatory, and standardization organizations.