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Military Biometrics Market Size, Share & Industry Analysis, By Technology ( Fingerprint Recognition, Facial Recognition, Iris Recognition, Others ), By Solution ( Hardware, Software ) and regional forecast 2022-2029

Region : | Report ID: FBI104061 | Status : Ongoing

 

KEY MARKET INSIGHTS

A biometric system is an electronic system that uses to authenticate the identity of an individual. The biometric system comprises hardware and software components that are utilized to take physical input from individuals and processes that input data to get authentication. The authentication can be done through different technologies such as fingerprint recognition, facial recognition, iris recognition, and others. The threat to the security of the nation is increased with an increase in the number of illegal migrants. Border security is a very crucial part of the nation's security. Hence the demand for military biometric systems has increased to strengthen border security.


An increase in the number of illegal migrations and rising adoption of iris recognition biometric systems for military applications are the key factors that are expected to drive the growth of the market during the forecast period. However, owing to changing the war nature the threat of cyber attack is increased, which raises the concern towards biometric data security. Protecting biometric data from cyber-attack is a major challenge that is expected to hamper the market growth. Despite this, a rising focus on strengthening the nation's security, the government allocating the large budget for the procurement and development of advanced solutions that are estimated to create ample growth opportunities in the market.


Market Segmentation:


Based on technology the military biometrics market is segmented into fingerprint recognition, facial recognition, iris recognition, and others. The iris recognition segment is anticipated to grow with the fastest growth rate during the forecast period. Iris recognition technology offers fast and accurate recognition compared to other technologies. By solution, the market is divided into hardware and software. By hardware, the market is sub-divided into fingerprint readers & scanners, mobile biometric devices, cameras, and others. Among these, the camera segment witness high growth owing to an increase in demand for iris recognition and facial recognition technologies. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, and Rest of the world.


Key Market Driver -

Increase in number of illicit migrants is driving the demand for military biometric system

Key Market Restraint -

Protecting biometric data from cyber-attack is a major challenge that expected to hamper the market growth


Key Players Covered:


The major companies involved in the global military biometrics market report are M2SYS Technology (the U.S.), NEC Corporation (Japan), IDEMIA (France), Aware, Inc. (the U.S.), BIO-Key International, Inc. (the U.S.), Fulcrum Biometrics LLC (the U.S.), HID Global Corporation (the U.S.), Corvus Integration, Inc. (The U.S.), Thales Group (France), Leidos Holdings Inc. (The U.S.), and others. 


Key Insights 



  • Adoption of military biometrics by type

  • Various military biometric security contracts


Regional Analysis:


The military biometrics market is segmented into North America, Europe, Asia Pacific, and Rest of the world. Among these, North America is estimated to contribute the highest share in the market. The dominance of North America is predicted to be high throughout the forecast period owing to high investment in the defense domain. For FY 2020, the U.S. government is allocated USD 738.5 Billion for the defense sector. North America has the strongest military sector in the world and always focusing on the adoption and development of advanced security solutions to strengthen military capabilities. Moreover, the presence of various OEMs engaged in the military biometrics market such as HID Global Corporation, Aware, Inc., and Fulcrum Biometrics LLC among others are driving the market growth in North America.  


Asia Pacific has expected to register the second-highest market share and witness significant growth in the market during the forecast period. This growth is attributed to the growing focus on strengthening the military securities and defense budget in China and India. The growing defense budgets allow them to procure or develop more security solutions, for example, a military biometric system.


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Segmentation






















ATTRIBUTES    


DETAILS        

By Technology




  • Fingerprint Recognition

  • Facial Recognition

  • Iris Recognition

  • Others



By Solution




  • Hardware

    • Fingerprint Readers & Scanners

    • Mobile Biometric Devices

    • Camera

    • Others



  • Software



By Geography




  • North America (The U.S., Canada, Mexico)

  • Europe (The UK, Germany, France, Italy, Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, and Rest of Asia Pacific)

  • The Middle East and Africa (Saudi Arabia, the UAE, South Africa, and Rest of the Middle East and Africa)

  • South America (Brazil and Rest of South America)



Military Biometrics Market Industry Developments





  • In July 2020, IDEMIA announced that the company has won the Security Industry Association (SIA) Award for the company’s newly developed biometric product for its VisionPass Advanced Facial Recognition Device

  • In June 2020, IDEMIA announced that the company and Sopra Steria Group SA has selected by the European Union Agency for the Operational Management of Large-Scale IT Systems in the Area of Freedom, Security and Justice (eu-LISA) to develop an advanced shared biometric matching system. This system has been designed to use for border protection of the Schengen Area.

  • In June 2017, M2SYS Technology announced a partnership with the SecuGen Corporation for the adoption of Biometric Solutions with CloudABIS Suite.SecuGen Corporation is a global leader in providing optical fingerprint recognition technology, platforms, products, and tools.




  • Ongoing
  • 2021
  • 2018-2020

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