The Global Fingerprint Biometrics Market size is expected to reach $55.7 billion by 2030, rising at a market growth of 13.3% CAGR during the forecast period.
Access control is critical to safeguarding sensitive information and infrastructure in the IT and telecom sector. Fingerprint biometrics provide a robust solution for access control, ensuring that only authorized personnel can access secure areas, systems, or confidential data. Consequently, the IT and telecom segment would generate approximately 17.1% share of the market by 2030. As per the data given by the State Council of China, the telecommunications sector logged steady expansion in 2022.
Fingerprint patterns are unique to each individual, making them an excellent biometric identifier. The distinct ridges, whorls, and minutiae points on a person's fingerprint provide a highly accurate and individualized representation. This uniqueness significantly reduces the risk of false positives and ensures that each individual's identity is distinct. Hence, these factors can lead to increased demand in the fingerprint biometrics market.
Additionally, Fingerprint patterns are unique to each individual, providing a highly reliable and individualized form of identification. This uniqueness ensures that only authorized personnel with enrolled fingerprints can access secure areas, minimizing the risk of unauthorized entry. Fingerprint recognition offers a quick and seamless authentication process. Thus, these aspects will assist in the growth of the fingerprint biometrics market.
However, Smaller organizations, particularly those with limited budgets, may find it challenging to allocate sufficient resources for the initial setup costs of fingerprint biometric systems. This can hinder the adoption of this technology, limiting market growth, as these organizations might opt for more cost-effective solutions or delay implementation. Thus, these factors can lead to downturn in the demand for fingerprint biometrics.
By Type Analysis
Based on type, the market is segmented into AFIS technology and non-AFIS technology. In 2022, the non-AFIS technology segment garnered a 66.1% revenue share in the market. The non-AFIS technology segment has found widespread adoption across various applications beyond traditional law enforcement and criminal identification. Industries such as finance, healthcare, government, and enterprise security leverage non-AFIS biometrics for various purposes, including access control, identity verification, and secure transactions. As a result, there will be increased demand in the segment.
By Offering Analysis
On the basis of offering, the market is divided into hardware, software, and services. In 2022, the services segment witnessed a 17.3% revenue share in the market. Consulting and advisory services have gained prominence as organizations across various sectors embrace fingerprint biometrics. Service providers offer expertise in biometric strategy, helping clients understand the potential applications, benefits, and risks of implementing fingerprint biometric systems. Hence, these factors can lead to enhanced growth in the segment.
By End User Analysis
Based on end user, the market is divided into IT & telecom, government & defense, automotive, BFSI, healthcare, travel & tourism, and others. The government and defense segment procured the 27.8% revenue share in the market in 2022. Law enforcement agencies leverage fingerprint biometrics for criminal identification and investigation purposes. Fingerprint biometrics contribute significantly to the forensic capabilities of law enforcement, aiding in solving crimes and ensuring public safety. Thus, these factors can lead to enhanced demand in the segment.
By Regional Analysis
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe segment acquired a 29.5% revenue share in the market. Several European countries have integrated fingerprint biometrics into their national identification programs. Using fingerprints for identity verification in passports, national IDs, and residence permits has become commonplace. Therefore, these factors can boost the demand in the segment.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.
Recent Strategies Deployed in the Market
- Nov-2023: IDEMIA SAS signed a partnership agreement with Home Team Science and Technology Agency (HTX), the science and tech arm of the Ministry of Home Affairs, in Singapore. Under this partnership, the company will work with HTX on research and development in biometrics and forensics technologies. Moreover, the partnership will expedite the creation of solutions aimed at ensuring the safety and security of Singapore citizens, residents, and visitors.
- Oct-2023: Fingerprint Cards AB extended its collaboration with Infineon Technologies AG, a provider of semiconductor products, to become a premium partner. In this collaboration, the companies will combine their extensive experience and portfolios to propel growth and foster innovation within the industry.
- Jun-2023: Dermalog Identification Systems Gmbh acquired Jenetric Gmbh, a fingerprint biometrics developer. With the acquisition of Jenetric, the company seeks to bolster Germany's position as a center for technological innovations in biometric identification. Furthermore, Jenetric will function as a fully-owned subsidiary of Dermalog under the name Dermalog Jenetric.
- Mar-2022: BIO-Key International, Inc. acquired Swivel Secure Europe, S.A., a Spain-based IAM solutions provider. With this acquisition, Swivel Secure will enhance BIO-Key's presence and expand its potential reach across Europe, the Middle East, and Africa, especially during an unprecedented period of cybersecurity threats and attacks.
- Dec-2021: IDEMIA SAS came into partnership with Bosch Building Technologies, a company offering its services in the security market. In this partnership, Bosch will incorporate IDEMIA's flagship contactless biometric terminals, Morpho Wave and VisionPass, into its BIS platform to introduce a biometric component.
List of Key Companies Profiled
- HID Global Corporation (Assa Abloy AB)
- NEC Corporation
- Thales Group S.A.
- Dermalog Identification Systems Gmbh
- M2SYS Technology, Inc.
- IDEMIA SAS (Advent International, Inc.)
- BIO-key International, Inc.
- Fingerprint Cards AB
- Fingercheck LLC
- Anviz Global Inc.
Global Fingerprint Biometrics Market Report Segmentation
By Type
- Non-AFIS Technology
- AFIS Technology
By Offering
- Hardware
- Software
- Services
By End User
- Government & Defense
- BFSI
- IT & Telecom
- Healthcare
- Automotive
- Travel & Tourism
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Fingerprint Biometrics Market, by Type
- 1.4.2Global Fingerprint Biometrics Market, by Offering
- 1.4.3Global Fingerprint Biometrics Market, by End User
- 1.4.4Global Fingerprint Biometrics Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
Chapter 4.Competition Analysis - Global
- 4.1Market Share Analysis, 2022
- 4.2Recent Strategies Deployed in Fingerprint Biometrics Market
- 4.3Porter's Five Forces Analysis
Chapter 5.Global Fingerprint Biometrics Market by Type
- 5.1Global Non-AFIS Technology Market by Region
- 5.2Global AFIS Technology Market by Region
Chapter 6.Global Fingerprint Biometrics Market by Offering
- 6.1Global Hardware Market by Region
- 6.2Global Software Market by Region
- 6.3Global Services Market by Region
Chapter 7.Global Fingerprint Biometrics Market by End User
- 7.1Global Government & Defense Market by Region
- 7.2Global BFSI Market by Region
- 7.3Global IT & Telecom Market by Region
- 7.4Global Healthcare Market by Region
- 7.5Global Automotive Market by Region
- 7.6Global Travel & Tourism Market by Region
- 7.7Global Others Market by Region
Chapter 8.Global Fingerprint Biometrics Market by Region
- 8.1North America Fingerprint Biometrics Market
- 8.1.1North America Fingerprint Biometrics Market by Type
- 8.1.1.1North America Non-AFIS Technology Market by Region
- 8.1.1.2North America AFIS Technology Market by Region
- 8.1.2North America Fingerprint Biometrics Market by Offering
- 8.1.2.1North America Hardware Market by Country
- 8.1.2.2North America Software Market by Country
- 8.1.2.3North America Services Market by Country
- 8.1.3North America Fingerprint Biometrics Market by End User
- 8.1.3.1North America Government & Defense Market by Country
- 8.1.3.2North America BFSI Market by Country
- 8.1.3.3North America IT & Telecom Market by Country
- 8.1.3.4North America Healthcare Market by Country
- 8.1.3.5North America Automotive Market by Country
- 8.1.3.6North America Travel & Tourism Market by Country
- 8.1.3.7North America Others Market by Country
- 8.1.4North America Fingerprint Biometrics Market by Country
- 8.1.4.1US Fingerprint Biometrics Market
- 8.1.4.1.1US Fingerprint Biometrics Market by Type
- 8.1.4.1.2US Fingerprint Biometrics Market by Offering
- 8.1.4.1.3US Fingerprint Biometrics Market by End User
- 8.1.4.2Canada Fingerprint Biometrics Market
- 8.1.4.2.1Canada Fingerprint Biometrics Market by Type
- 8.1.4.2.2Canada Fingerprint Biometrics Market by Offering
- 8.1.4.2.3Canada Fingerprint Biometrics Market by End User
- 8.1.4.3Mexico Fingerprint Biometrics Market
- 8.1.4.3.1Mexico Fingerprint Biometrics Market by Type
- 8.1.4.3.2Mexico Fingerprint Biometrics Market by Offering
- 8.1.4.3.3Mexico Fingerprint Biometrics Market by End User
- 8.1.4.4Rest of North America Fingerprint Biometrics Market
- 8.1.4.4.1Rest of North America Fingerprint Biometrics Market by Type
- 8.1.4.4.2Rest of North America Fingerprint Biometrics Market by Offering
- 8.1.4.4.3Rest of North America Fingerprint Biometrics Market by End User
- 8.2Europe Fingerprint Biometrics Market
- 8.2.1Europe Fingerprint Biometrics Market by Type
- 8.2.1.1Europe Non-AFIS Technology Market by Country
- 8.2.1.2Europe AFIS Technology Market by Country
- 8.2.2Europe Fingerprint Biometrics Market by Offering
- 8.2.2.1Europe Hardware Market by Country
- 8.2.2.2Europe Software Market by Country
- 8.2.2.3Europe Services Market by Country
- 8.2.3Europe Fingerprint Biometrics Market by End User
- 8.2.3.1Europe Government & Defense Market by Country
- 8.2.3.2Europe BFSI Market by Country
- 8.2.3.3Europe IT & Telecom Market by Country
- 8.2.3.4Europe Healthcare Market by Country
- 8.2.3.5Europe Automotive Market by Country
- 8.2.3.6Europe Travel & Tourism Market by Country
- 8.2.3.7Europe Others Market by Country
- 8.2.4Europe Fingerprint Biometrics Market by Country
- 8.2.4.1Germany Fingerprint Biometrics Market
- 8.2.4.1.1Germany Fingerprint Biometrics Market by Type
- 8.2.4.1.2Germany Fingerprint Biometrics Market by Offering
- 8.2.4.1.3Germany Fingerprint Biometrics Market by End User
- 8.2.4.2UK Fingerprint Biometrics Market
- 8.2.4.2.1UK Fingerprint Biometrics Market by Type
- 8.2.4.2.2UK Fingerprint Biometrics Market by Offering
- 8.2.4.2.3UK Fingerprint Biometrics Market by End User
- 8.2.4.3France Fingerprint Biometrics Market
- 8.2.4.3.1France Fingerprint Biometrics Market by Type
- 8.2.4.3.2France Fingerprint Biometrics Market by Offering
- 8.2.4.3.3France Fingerprint Biometrics Market by End User
- 8.2.4.4Russia Fingerprint Biometrics Market
- 8.2.4.4.1Russia Fingerprint Biometrics Market by Type
- 8.2.4.4.2Russia Fingerprint Biometrics Market by Offering
- 8.2.4.4.3Russia Fingerprint Biometrics Market by End User
- 8.2.4.5Spain Fingerprint Biometrics Market
- 8.2.4.5.1Spain Fingerprint Biometrics Market by Type
- 8.2.4.5.2Spain Fingerprint Biometrics Market by Offering
- 8.2.4.5.3Spain Fingerprint Biometrics Market by End User
- 8.2.4.6Italy Fingerprint Biometrics Market
- 8.2.4.6.1Italy Fingerprint Biometrics Market by Type
- 8.2.4.6.2Italy Fingerprint Biometrics Market by Offering
- 8.2.4.6.3Italy Fingerprint Biometrics Market by End User
- 8.2.4.7Rest of Europe Fingerprint Biometrics Market
- 8.2.4.7.1Rest of Europe Fingerprint Biometrics Market by Type
- 8.2.4.7.2Rest of Europe Fingerprint Biometrics Market by Offering
- 8.2.4.7.3Rest of Europe Fingerprint Biometrics Market by End User
- 8.3Asia Pacific Fingerprint Biometrics Market
- 8.3.1Asia Pacific Fingerprint Biometrics Market by Type
- 8.3.1.1Asia Pacific Non-AFIS Technology Market by Country
- 8.3.1.2Asia Pacific AFIS Technology Market by Country
- 8.3.2Asia Pacific Fingerprint Biometrics Market by Offering
- 8.3.2.1Asia Pacific Hardware Market by Country
- 8.3.2.2Asia Pacific Software Market by Country
- 8.3.2.3Asia Pacific Services Market by Country
- 8.3.3Asia Pacific Fingerprint Biometrics Market by End User
- 8.3.3.1Asia Pacific Government & Defense Market by Country
- 8.3.3.2Asia Pacific BFSI Market by Country
- 8.3.3.3Asia Pacific IT & Telecom Market by Country
- 8.3.3.4Asia Pacific Healthcare Market by Country
- 8.3.3.5Asia Pacific Automotive Market by Country
- 8.3.3.6Asia Pacific Travel & Tourism Market by Country
- 8.3.3.7Asia Pacific Others Market by Country
- 8.3.4Asia Pacific Fingerprint Biometrics Market by Country
- 8.3.4.1China Fingerprint Biometrics Market
- 8.3.4.1.1China Fingerprint Biometrics Market by Type
- 8.3.4.1.2China Fingerprint Biometrics Market by Offering
- 8.3.4.1.3China Fingerprint Biometrics Market by End User
- 8.3.4.2Japan Fingerprint Biometrics Market
- 8.3.4.2.1Japan Fingerprint Biometrics Market by Type
- 8.3.4.2.2Japan Fingerprint Biometrics Market by Offering
- 8.3.4.2.3Japan Fingerprint Biometrics Market by End User
- 8.3.4.3India Fingerprint Biometrics Market
- 8.3.4.3.1India Fingerprint Biometrics Market by Type
- 8.3.4.3.2India Fingerprint Biometrics Market by Offering
- 8.3.4.3.3India Fingerprint Biometrics Market by End User
- 8.3.4.4South Korea Fingerprint Biometrics Market
- 8.3.4.4.1South Korea Fingerprint Biometrics Market by Type
- 8.3.4.4.2South Korea Fingerprint Biometrics Market by Offering
- 8.3.4.4.3South Korea Fingerprint Biometrics Market by End User
- 8.3.4.5Singapore Fingerprint Biometrics Market
- 8.3.4.5.1Singapore Fingerprint Biometrics Market by Type
- 8.3.4.5.2Singapore Fingerprint Biometrics Market by Offering
- 8.3.4.5.3Singapore Fingerprint Biometrics Market by End User
- 8.3.4.6Malaysia Fingerprint Biometrics Market
- 8.3.4.6.1Malaysia Fingerprint Biometrics Market by Type
- 8.3.4.6.2Malaysia Fingerprint Biometrics Market by Offering
- 8.3.4.6.3Malaysia Fingerprint Biometrics Market by End User
- 8.3.4.7Rest of Asia Pacific Fingerprint Biometrics Market
- 8.3.4.7.1Rest of Asia Pacific Fingerprint Biometrics Market by Type
- 8.3.4.7.2Rest of Asia Pacific Fingerprint Biometrics Market by Offering
- 8.3.4.7.3Rest of Asia Pacific Fingerprint Biometrics Market by End User
- 8.4LAMEA Fingerprint Biometrics Market
- 8.4.1LAMEA Fingerprint Biometrics Market by Type
- 8.4.1.1LAMEA Non-AFIS Technology Market by Country
- 8.4.1.2LAMEA AFIS Technology Market by Country
- 8.4.2LAMEA Fingerprint Biometrics Market by Offering
- 8.4.2.1LAMEA Hardware Market by Country
- 8.4.2.2LAMEA Software Market by Country
- 8.4.2.3LAMEA Services Market by Country
- 8.4.3LAMEA Fingerprint Biometrics Market by End User
- 8.4.3.1LAMEA Government & Defense Market by Country
- 8.4.3.2LAMEA BFSI Market by Country
- 8.4.3.3LAMEA IT & Telecom Market by Country
- 8.4.3.4LAMEA Healthcare Market by Country
- 8.4.3.5LAMEA Automotive Market by Country
- 8.4.3.6LAMEA Travel & Tourism Market by Country
- 8.4.3.7LAMEA Others Market by Country
- 8.4.4LAMEA Fingerprint Biometrics Market by Country
- 8.4.4.1Brazil Fingerprint Biometrics Market
- 8.4.4.1.1Brazil Fingerprint Biometrics Market by Type
- 8.4.4.1.2Brazil Fingerprint Biometrics Market by Offering
- 8.4.4.1.3Brazil Fingerprint Biometrics Market by End User
- 8.4.4.2Argentina Fingerprint Biometrics Market
- 8.4.4.2.1Argentina Fingerprint Biometrics Market by Type
- 8.4.4.2.2Argentina Fingerprint Biometrics Market by Offering
- 8.4.4.2.3Argentina Fingerprint Biometrics Market by End User
- 8.4.4.3UAE Fingerprint Biometrics Market
- 8.4.4.3.1UAE Fingerprint Biometrics Market by Type
- 8.4.4.3.2UAE Fingerprint Biometrics Market by Offering
- 8.4.4.3.3UAE Fingerprint Biometrics Market by End User
- 8.4.4.4Saudi Arabia Fingerprint Biometrics Market
- 8.4.4.4.1Saudi Arabia Fingerprint Biometrics Market by Type
- 8.4.4.4.2Saudi Arabia Fingerprint Biometrics Market by Offering
- 8.4.4.4.3Saudi Arabia Fingerprint Biometrics Market by End User
- 8.4.4.5South Africa Fingerprint Biometrics Market
- 8.4.4.5.1South Africa Fingerprint Biometrics Market by Type
- 8.4.4.5.2South Africa Fingerprint Biometrics Market by Offering
- 8.4.4.5.3South Africa Fingerprint Biometrics Market by End User
- 8.4.4.6Nigeria Fingerprint Biometrics Market
- 8.4.4.6.1Nigeria Fingerprint Biometrics Market by Type
- 8.4.4.6.2Nigeria Fingerprint Biometrics Market by Offering
- 8.4.4.6.3Nigeria Fingerprint Biometrics Market by End User
- 8.4.4.7Rest of LAMEA Fingerprint Biometrics Market
- 8.4.4.7.1Rest of LAMEA Fingerprint Biometrics Market by Type
- 8.4.4.7.2Rest of LAMEA Fingerprint Biometrics Market by Offering
- 8.4.4.7.3Rest of LAMEA Fingerprint Biometrics Market by End User
Chapter 9.Company Profiles
- 9.1HID Global Corporation (Assa Abloy AB)
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expense
- 9.1.5Recent strategies and developments:
- 9.1.5.1Product Launches and Product Expansions:
- 9.1.5.2Acquisition and Mergers:
- 9.1.6SWOT Analysis
- 9.2NEC Corporation
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental and Regional Analysis
- 9.2.4Research & Development Expenses
- 9.2.5Recent strategies and developments:
- 9.2.5.1Partnerships, Collaborations, and Agreements:
- 9.2.6SWOT Analysis
- 9.3Thales Group S.A.
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expenses
- 9.3.5SWOT Analysis
- 9.4Dermalog Identification Systems Gmbh
- 9.4.1Company Overview
- 9.4.2Recent strategies and developments:
- 9.4.2.1Acquisition and Mergers:
- 9.4.3SWOT Analysis
- 9.5M2SYS Technology, Inc.
- 9.5.1Company Overview
- 9.5.2SWOT Analysis
- 9.6IDEMIA SAS (Advent International, Inc.)
- 9.6.1Company Overview
- 9.6.2Recent strategies and developments:
- 9.6.2.1Partnerships, Collaborations, and Agreements:
- 9.6.3SWOT Analysis
- 9.7BIO-key International, Inc.
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Research & Development Expenses
- 9.7.4Recent strategies and developments:
- 9.7.4.1Partnerships, Collaborations, and Agreements:
- 9.7.4.2Acquisition and Mergers:
- 9.7.5SWOT Analysis
- 9.8Fingerprint Cards AB
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Recent strategies and developments:
- 9.8.4.1Partnerships, Collaborations, and Agreements:
- 9.8.5SWOT Analysis
- 9.9Fingercheck LLC
- 9.9.1Company Overview
- 9.9.2SWOT Analysis
- 9.10.Anviz Global Inc.
- 9.10.1Company Overview
- 9.10.2SWOT Analysis
Chapter 10.Winning Imperatives of Fingerprint Biometrics Market