Asia Pacific Biometrics Market Report by Technology (Face Recognition, Hand Geometry, Voice Recognition, Signature Recognition, Iris Recognition, AFIS, Non-AFIS, and Others), Functionality (Contact, Non-contact, Combined), Component (Hardware, Software), Authentication (Single-Factor Authentication, Multifactor Authentication), End User (Government, Defense Services, Banking and Finance, Consumer Electronics, Healthcare, Commercial Safety and Security, Transport/Visa/Logistics, and Others), and Country 2024-2032
Market Overview:
The Asia Pacific biometrics market size reached US$ 10.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 37.2 Billion by 2032, exhibiting a growth rate (CAGR) of 14.9% during 2024-2032.
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Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 10.3 Billion |
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Market Forecast in 2032
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US$ 37.2 Billion |
| Market Growth Rate 2024-2032 | 14.9% |
Biometrics are employed in access control systems for authenticating the physical and behavioral characteristics of users. These characteristics are stored in the device database, which compares them while providing secure access to systems, devices, or data. As biometrics systems, including fingerprint mapping, facial recognition and retina scan, are reliable, accurate, fast and secure, they are widely utilized in the Asia Pacific region.
The growing instances of security breaches are resulting in the increasing utilization of biometrics systems in various organizations. For example, they are gaining traction in corporate and government facilities for digitizing time and attendance systems. Moreover, the integration of biometrics with point-of-sale (POS) solutions helps organizations manage transactions, cash flow, inventory, billing and payroll. Furthermore, the implementation of biometrics in e-passport and e-visa services to keep track of illegal migration, along with the increasing investments in smart city projects by governments of several countries, is contributing to the market growth. Apart from this, the rising adoption of biometrics security in cloud computing is anticipated to drive the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific biometrics market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on technology, functionality, component, authentication and end user.
Breakup by Technology:
- Face Recognition
- Hand Geometry
- Voice Recognition
- Signature Recognition
- Iris Recognition
- AFIS
- Non-AFIS
- Others
Breakup by Functionality:
- Contact
- Non-contact
- Combined
Breakup by Component:
- Hardware
- Software
Breakup by Authentication:
- Single-Factor Authentication
- Multifactor Authentication
Breakup by End User:
- Government
- Defense Services
- Banking and Finance
- Consumer Electronics
- Healthcare
- Commercial Safety and Security
- Transport/Visa/Logistics
- Others
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Technology, Functionality, Component, Authentication, End User, Country |
| Countries Covered | China, Japan, India, South Korea, Australia, Indonesia, Others |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Asia Pacific biometrics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Asia Pacific biometrics market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the functionality?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the authentication?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Asia Pacific biometrics market and who are the key players?
- What is the degree of competition in the industry?
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