With the increasing level of competition day by day, consumer experience management has emerged as a key differentiator between competing organizations in the retail industry. The use of Biometric identification systems has ushered an era of prompt customized service, helping the customer to reap the benefits of technology and the organization to improve their bottom-line. Moreover, biometric access control system can also be used by retail industry to cuts cost and improve efficiencies. The banking industry has already taken a big step in this direction by incorporating biometric technology in their IVR systems. This technology uses biometric voice identification to identify a customer. Once identification is done the customer detail like name, age, and other personal and banking details are pulled from the centralized database dispensing with the need to query the customer on their personal details. Besides improving the customer experience, based biometric IVR system increases the efficiency of the entire system by reducing the average handling time for each customer leading to lower operation costs and better bottom-line.
The increased instances of forgery and product thefts in the retail sector have increased the need for high-level security systems during the forecast period. Since the process of authentication in biometric systems is based on biological characteristics, such as fingerprint, facial, hand geometry, and vein patterns, their augmented implementation by organizations is envisaged to result in market growth during the predicted period. The advent of contactless biometrics is the key driver for the growth of this market. Recently, it has been observed that many organizations are reluctant to adopt contact biometric solutions owing to increased instances of communicable diseases like Ebola and swine influenza. This reluctance has forced vendors to develop equipment like contactless fingerprint scanners that are suitable for organizations, which are specific about their hygiene standards.North America dominated the market share during 2017. The presence of many global restaurant chains and supermarkets in this region are envisaged to bolster growth in this geography during the estimated period.
In 2020, the global Biometrics in Retail market size was xx million US$ and it is expected to reach xx million US$ by the end of 2027, with a CAGR of xx% during 2021-2027.
This report focuses on the global Biometrics in Retail status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Biometrics in Retail development in United States, Europe and China.
The key players covered in this study
Crossmatch Technologies
Honeywell Security
M2SYS Technology
NEC
Safran
Suprema
...
Market segment by Type, the product can be split into
Fingerprint Identification
Facial Recognition
Hand Geometry
Vein Recognition
Market segment by Application, split into
Online Retail
Offline Retail
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Biometrics in Retail status, future forecast, growth opportunity, key market and key players.
To present the Biometrics in Retail development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Biometrics in Retail are as follows:
History Year: 2016-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2027
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Biometrics in Retail Market Size Growth Rate by Type ( 2016-2027)
1.4.2 Fingerprint Identification
1.4.3 Facial Recognition
1.4.4 Hand Geometry
1.4.5 Vein Recognition
1.5 Market by Application
1.5.1 Global Biometrics in Retail Market Share by Application ( 2016-2027)
1.5.2 Online Retail
1.5.3 Offline Retail
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Biometrics in Retail Market Size
2.2 Biometrics in Retail Growth Trends by Regions
2.2.1 Biometrics in Retail Market Size by Regions ( 2016-2027)
2.2.2 Biometrics in Retail Market Share by Regions ( 2016-2021)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 Biometrics in Retail Market Size by Manufacturers
3.1.1 Global Biometrics in Retail Revenue by Manufacturers ( 2016-2021)
3.1.2 Global Biometrics in Retail Revenue Market Share by Manufacturers ( 2016-2021)
3.1.3 Global Biometrics in Retail Market Concentration Ratio (CR5 and HHI)
3.2 Biometrics in Retail Key Players Head office and Area Served
3.3 Key Players Biometrics in Retail Product/Solution/Service
3.4 Date of Enter into Biometrics in Retail Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Biometrics in Retail Market Size by Type ( 2016-2021)
4.2 Global Biometrics in Retail Market Size by Application ( 2016-2021)
5 United States
5.1 United States Biometrics in Retail Market Size ( 2016-2021)
5.2 Biometrics in Retail Key Players in United States
5.3 United States Biometrics in Retail Market Size by Type
5.4 United States Biometrics in Retail Market Size by Application
6 Europe
6.1 Europe Biometrics in Retail Market Size ( 2016-2021)
6.2 Biometrics in Retail Key Players in Europe
6.3 Europe Biometrics in Retail Market Size by Type
6.4 Europe Biometrics in Retail Market Size by Application
7 China
7.1 China Biometrics in Retail Market Size ( 2016-2021)
7.2 Biometrics in Retail Key Players in China
7.3 China Biometrics in Retail Market Size by Type
7.4 China Biometrics in Retail Market Size by Application
8 Japan
8.1 Japan Biometrics in Retail Market Size ( 2016-2021)
8.2 Biometrics in Retail Key Players in Japan
8.3 Japan Biometrics in Retail Market Size by Type
8.4 Japan Biometrics in Retail Market Size by Application
9 Southeast Asia
9.1 Southeast Asia Biometrics in Retail Market Size ( 2016-2021)
9.2 Biometrics in Retail Key Players in Southeast Asia
9.3 Southeast Asia Biometrics in Retail Market Size by Type
9.4 Southeast Asia Biometrics in Retail Market Size by Application
10 India
10.1 India Biometrics in Retail Market Size ( 2016-2021)
10.2 Biometrics in Retail Key Players in India
10.3 India Biometrics in Retail Market Size by Type
10.4 India Biometrics in Retail Market Size by Application
11 Central & South America
11.1 Central & South America Biometrics in Retail Market Size ( 2016-2021)
11.2 Biometrics in Retail Key Players in Central & South America
11.3 Central & South America Biometrics in Retail Market Size by Type
11.4 Central & South America Biometrics in Retail Market Size by Application
12 International Players Profiles
12.1 Crossmatch Technologies
12.1.1 Crossmatch Technologies Company Details
12.1.2 Company Description and Business Overview
12.1.3 Biometrics in Retail Introduction
12.1.4 Crossmatch Technologies Revenue in Biometrics in Retail Business ( 2016-2021)
12.1.5 Crossmatch Technologies Recent Development
12.2 Honeywell Security
12.2.1 Honeywell Security Company Details
12.2.2 Company Description and Business Overview
12.2.3 Biometrics in Retail Introduction
12.2.4 Honeywell Security Revenue in Biometrics in Retail Business ( 2016-2021)
12.2.5 Honeywell Security Recent Development
12.3 M2SYS Technology
12.3.1 M2SYS Technology Company Details
12.3.2 Company Description and Business Overview
12.3.3 Biometrics in Retail Introduction
12.3.4 M2SYS Technology Revenue in Biometrics in Retail Business ( 2016-2021)
12.3.5 M2SYS Technology Recent Development
12.4 NEC
12.4.1 NEC Company Details
12.4.2 Company Description and Business Overview
12.4.3 Biometrics in Retail Introduction
12.4.4 NEC Revenue in Biometrics in Retail Business ( 2016-2021)
12.4.5 NEC Recent Development
12.5 Safran
12.5.1 Safran Company Details
12.5.2 Company Description and Business Overview
12.5.3 Biometrics in Retail Introduction
12.5.4 Safran Revenue in Biometrics in Retail Business ( 2016-2021)
12.5.5 Safran Recent Development
12.6 Suprema
12.6.1 Suprema Company Details
12.6.2 Company Description and Business Overview
12.6.3 Biometrics in Retail Introduction
12.6.4 Suprema Revenue in Biometrics in Retail Business ( 2016-2021)
12.6.5 Suprema Recent Development
13 Market Forecast 2021-2027
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product ( 2021-2027)
13.10 Market Size Forecast by Application ( 2021-2027)
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
List of Tables and Figures
Table Biometrics in Retail Key Market Segments
Table Key Players Biometrics in Retail Covered
Table Global Biometrics in Retail Market Size Growth Rate by Type 2016-2027 (Million US$)
Figure Global Biometrics in Retail Market Size Market Share by Type 2016-2027
Figure Fingerprint Identification Figures
Table Key Players of Fingerprint Identification
Figure Facial Recognition Figures
Table Key Players of Facial Recognition
Figure Hand Geometry Figures
Table Key Players of Hand Geometry
Figure Vein Recognition Figures
Table Key Players of Vein Recognition
Table Global Biometrics in Retail Market Size Growth by Application 2016-2027 (Million US$)
Figure Online Retail Case Studies
Figure Offline Retail Case Studies
Figure Biometrics in Retail Report Years Considered
Table Global Biometrics in Retail Market Size 2016-2027 (Million US$)
Figure Global Biometrics in Retail Market Size and Growth Rate 2016-2027 (Million US$)
Table Global Biometrics in Retail Market Size by Regions 2016-2027 (Million US$)
Table Global Biometrics in Retail Market Size by Regions 2016-2021 (Million US$)
Table Global Biometrics in Retail Market Share by Regions 2016-2021
Figure Global Biometrics in Retail Market Share by Regions 2016-2021
Figure Global Biometrics in Retail Market Share by Regions 2019
Table Market Top Trends
Table Global Biometrics in Retail Revenue by Manufacturers ( 2016-2021) (Million US$)
Table Global Biometrics in Retail Market Share by Manufacturers ( 2016-2021)
Figure Global Biometrics in Retail Market Share by Manufacturers in 2020
Table Global Biometrics in Retail Manufacturers Market Concentration Ratio (CR5 and HHI)
Table Key Players Head office and Area Served
Table Key Players Biometrics in Retail Product/Solution/Service
Table Date of Enter into Biometrics in Retail Market
Table Mergers & Acquisitions, Expansion Plans
Table Global Biometrics in Retail Market Size by Type ( 2016-2021) (Million US$)
Table Global Biometrics in Retail Market Size Share by Type ( 2016-2021)
Figure Global Biometrics in Retail Market Size Market Share by Type ( 2016-2021)
Table Global Biometrics in Retail Market Size by Application ( 2016-2021) (Million US$)
Table Global Biometrics in Retail Market Size Share by Application ( 2016-2021)
Figure Global Biometrics in Retail Market Size Market Share by Application ( 2016-2021)
Figure Global Biometrics in Retail Revenue Market Share by Application in 2020
Figure United States Biometrics in Retail Market Size 2016-2021 (Million US$)
Table United States Key Players Biometrics in Retail Revenue ( 2020-2021) (Million US$)
Table United States Key Players Biometrics in Retail Market Share ( 2020-2021)
Table United States Biometrics in Retail Market Size by Type ( 2016-2021) (Million US$)
Table United States Biometrics in Retail Market Share by Type ( 2016-2021)
Table United States Biometrics in Retail Market Size by Application ( 2016-2021) (Million US$)
Table United States Biometrics in Retail Market Share by Application ( 2016-2021)
Figure Europe Biometrics in Retail Market Size 2016-2021 (Million US$)
Table Europe Key Players Biometrics in Retail Revenue ( 2020-2021) (Million US$)
Table Europe Key Players Biometrics in Retail Market Share ( 2020-2021)
Table Europe Biometrics in Retail Market Size by Type ( 2016-2021) (Million US$)
Table Europe Biometrics in Retail Market Share by Type ( 2016-2021)
Table Europe Biometrics in Retail Market Size by Application ( 2016-2021) (Million US$)
Table Europe Biometrics in Retail Market Share by Application ( 2016-2021)
Figure China Biometrics in Retail Market Size 2016-2021 (Million US$)
Table China Key Players Biometrics in Retail Revenue ( 2020-2021) (Million US$)
Table China Key Players Biometrics in Retail Market Share ( 2020-2021)
Table China Biometrics in Retail Market Size by Type (2014- 20209) (Million US$)
Table China Biometrics in Retail Market Share by Type ( 2016-2021)
Table China Biometrics in Retail Market Size by Application ( 2016-2021) (Million US$)
Table China Biometrics in Retail Market Share by Application ( 2016-2021)
Figure Japan Biometrics in Retail Market Size 2016-2021 (Million US$)
Table Japan Key Players Biometrics in Retail Revenue ( 2020-2021) (Million US$)
Table Japan Key Players Biometrics in Retail Market Share ( 2020-2021)
Table Japan Biometrics in Retail Market Size by Type ( 2016-2021) (Million US$)
Table Japan Biometrics in Retail Market Share by Type ( 2016-2021)
Table Japan Biometrics in Retail Market Size by Application ( 2016-2021) (Million US$)
Table Japan Biometrics in Retail Market Share by Application ( 2016-2021)
Figure Southeast Asia Biometrics in Retail Market Size 2016-2021 (Million US$)
Table Southeast Asia Key Players Biometrics in Retail Revenue ( 2020-2021) (Million US$)
Table Southeast Asia Key Players Biometrics in Retail Market Share ( 2020-2021)
Table Southeast Asia Biometrics in Retail Market Size by Type ( 2016-2021) (Million US$)
Table Southeast Asia Biometrics in Retail Market Share by Type ( 2016-2021)
Table Southeast Asia Biometrics in Retail Market Size by Application ( 2016-2021) (Million US$)
Table Southeast Asia Biometrics in Retail Market Share by Application ( 2016-2021)
Figure India Biometrics in Retail Market Size 2016-2021 (Million US$)
Table India Key Players Biometrics in Retail Revenue ( 2020-2021) (Million US$)
Table India Key Players Biometrics in Retail Market Share ( 2020-2021)
Table India Biometrics in Retail Market Size by Type ( 2016-2021) (Million US$)
Table India Biometrics in Retail Market Share by Type ( 2016-2021)
Table India Biometrics in Retail Market Size by Application ( 2016-2021) (Million US$)
Table India Biometrics in Retail Market Share by Application ( 2016-2021)
Figure Central & South America Biometrics in Retail Market Size 2016-2021 (Million US$)
Table Central & South America Key Players Biometrics in Retail Revenue ( 2020-2021) (Million US$)
Table Central & South America Key Players Biometrics in Retail Market Share ( 2020-2021)
Table Central & South America Biometrics in Retail Market Size by Type ( 2016-2021) (Million US$)
Table Central & South America Biometrics in Retail Market Share by Type ( 2016-2021)
Table Central & South America Biometrics in Retail Market Size by Application ( 2016-2021) (Million US$)
Table Central & South America Biometrics in Retail Market Share by Application ( 2016-2021)
Table Crossmatch Technologies Company Details
Table Crossmatch Technologies Revenue in Biometrics in Retail Business ( 2016-2021) (Million US$)
Figure Crossmatch Technologies Revenue Growth Rate in Biometrics in Retail Business ( 2016-2021)
Table Crossmatch Technologies Recent Development
Table Honeywell Security Company Details
Table Honeywell Security Revenue in Biometrics in Retail Business ( 2016-2021)(Million US$)
Figure Honeywell Security Revenue Growth Rate in Biometrics in Retail Business ( 2016-2021)
Table Honeywell Security Recent Development
Table M2SYS Technology Company Details
Table M2SYS Technology Revenue in Biometrics in Retail Business ( 2016-2021)(Million US$)
Figure M2SYS Technology Revenue Growth Rate in Biometrics in Retail Business ( 2016-2021)
Table M2SYS Technology Recent Development
Table NEC Company Details
Table NEC Revenue in Biometrics in Retail Business ( 2016-2021)(Million US$)
Figure NEC Revenue Growth Rate in Biometrics in Retail Business ( 2016-2021)
Table NEC Recent Development
Table Safran Company Details
Table Safran Revenue in Biometrics in Retail Business ( 2016-2021)(Million US$)
Figure Safran Revenue Growth Rate in Biometrics in Retail Business ( 2016-2021)
Table Safran Recent Development
Table Suprema Company Details
Table Suprema Revenue in Biometrics in Retail Business ( 2016-2021)(Million US$)
Figure Suprema Revenue Growth Rate in Biometrics in Retail Business ( 2016-2021)
Table Suprema Recent Development
Table Global Biometrics in Retail Market Size by Regions (Million US$) 2021-2027
Figure Global Biometrics in Retail Market Size Share by Regions ( 2021-2027)
Figure Global Biometrics in Retail Market Size Share by Regions in 2027
Figure United States Biometrics in Retail Market Size Forecast ( 2021-2027)(Million USD)
Figure Europe Biometrics in Retail Market Size Forecast ( 2021-2027)(Million USD)
Figure China Biometrics in Retail Market Size Forecast ( 2021-2027)(Million USD)
Figure Japan Biometrics in Retail Market Size Forecast ( 2021-2027)(Million USD)
Figure Southeast Asia Biometrics in Retail Market Size Forecast ( 2021-2027)(Million USD)
Figure India Biometrics in Retail Market Size Forecast ( 2021-2027)(Million USD)
Figure Central & South America Biometrics in Retail Market Size Forecast ( 2021-2027)(Million USD)
Table Global Biometrics in Retail Market Size by Product ( 2021-2027) (Million US$)
Figure Global Biometrics in Retail Market Size by Product ( 2021-2027)
Figure Global Biometrics in Retail Market Size by Product in 2027
Table Global Biometrics in Retail Market Size by Application ( 2021-2027) (Million US$)
Figure Global Biometrics in Retail Market Size by Application ( 2021-2027)
Figure Global Biometrics in Retail Market Size by Application in 2027
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
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