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PUBLISHER: KBV Research | PRODUCT CODE: 1373673
PUBLISHER: KBV Research | PRODUCT CODE: 1373673
LAMEA Biometric Banking Market Size, Share & Industry Trends Analysis Report By Type (Fingerprint, Facial Recognition, Hand Geometry, Iris Recognition and Others), By Vertical, By Component, By Country and Growth Forecast, 2023 - 2030
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The Latin America, Middle East and Africa Biometric Banking Market would witness market growth of 18.7% CAGR during the forecast period (2023-2030).
Biometrics is an automated way of identifying customers using biological characteristics and features such as fingerprints, iris, and voice recognition. This characteristic is unique to each individual and challenging to acquire. This technology is becoming a sophisticated layer in numerous personal and business security systems.
The growth of biometric banking devices is primarily driven by enhanced security and decreased identity theft. As biometric authentication provides more secure identity verification procedures, the financial industry is rapidly adopting it. For user authentication, this technology uses physical characteristics like recognition of faces, fingerprint scanning, voice recognition, and retinal scans. Moreover, using biometrics in banking offers consumers a significant time-saving advantage over conventional banking procedures. In addition, the rise of mobile banking and contactless payments, as well as biometric authentication that meets the convenience needs of consumers, are the primary factors driving the market.
Integration of biometric technology with healthcare and banking systems in Latin America has been observed to be an emerging trend with great potential. The concept primarily revolves around using biometric data for healthcare verification, insurance claims, and payment processing. Biometric authentication can enhance the security of electronic health records. Patients can use biometrics to access their medical data securely, while banking integration can facilitate payments for medical services and insurance premiums.
The Brazil market dominated the LAMEA Biometric Banking Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $292 Million by 2030. The Argentina market is experiencing a CAGR of 19.4% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 18.4% during (2023 - 2030).
Based on Type, the market is segmented into Fingerprint, Facial Recognition, Hand Geometry, Iris Recognition and Others. Based on Vertical, the market is segmented into Retail, Transportation, Hospitality, Government, Healthcare and Others. Based on Component, the market is segmented into Hardware, Software and Services. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, NEC Corporation, Apple, Inc., The Charles Schwab Corporation, Mastercard Inc., Barclays Plc, Visa Inc., PayPal Holdings, Inc., Samsung Electronics Co. Ltd. and Aliph Brands.
Scope of the Study
Market Segments covered in the Report:
By Type
- Fingerprint
- Facial Recognition
- Hand Geometry
- Iris Recognition
- Others
By Vertical
- Retail
- Transportation
- Hospitality
- Government
- Healthcare
- Others
By Component
- Hardware
- Software
- Services
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Google LLC
- NEC Corporation
- Apple, Inc.
- The Charles Schwab Corporation
- Mastercard Inc.
- Barclays Plc
- Visa Inc.
- PayPal Holdings, Inc.
- Samsung Electronics Co. Ltd.
- Aliph Brands
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Biometric Banking Market, by Type
- 1.4.2 LAMEA Biometric Banking Market, by Vertical
- 1.4.3 LAMEA Biometric Banking Market, by Component
- 1.4.4 LAMEA Biometric Banking Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scnerio
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2020, Jul - 2023, Jun) Leading Players
- 4.4 Porter's Five Forces Analysis
Chapter 5. LAMEA Biometric Banking Market, by Type
- 5.1 LAMEA Fingerprint Market, by Country
- 5.2 LAMEA Facial Recognition Market, by Country
- 5.3 LAMEA Hand Geometry Market, by Country
- 5.4 LAMEA Iris Recognition Market, by Country
- 5.5 LAMEA Others Market, by Country
Chapter 6. LAMEA Biometric Banking Market, by Vertical
- 6.1 LAMEA Retail Market, by Country
- 6.2 LAMEA Transportation Market, by Country
- 6.3 LAMEA Hospitality Market, by Country
- 6.4 LAMEA Government Market, by Country
- 6.5 LAMEA Healthcare Market, by Country
- 6.6 LAMEA Others Market, by Country
Chapter 7. LAMEA Biometric Banking Market, by Component
- 7.1 LAMEA Hardware Market, by Country
- 7.2 LAMEA Software Market, by Country
- 7.3 LAMEA Services Market, by Country
Chapter 8. LAMEA Biometric Banking Market, by Country
- 8.1 Brazil Biometric Banking Market
- 8.1.1 Brazil Biometric Banking Market, by Type
- 8.1.2 Brazil Biometric Banking Market, by Vertical
- 8.1.3 Brazil Biometric Banking Market, by Component
- 8.2 Argentina Biometric Banking Market
- 8.2.1 Argentina Biometric Banking Market, by Type
- 8.2.2 Argentina Biometric Banking Market, by Vertical
- 8.2.3 Argentina Biometric Banking Market, by Component
- 8.3 UAE Biometric Banking Market
- 8.3.1 UAE Biometric Banking Market, by Type
- 8.3.2 UAE Biometric Banking Market, by Vertical
- 8.3.3 UAE Biometric Banking Market, by Component
- 8.4 Saudi Arabia Biometric Banking Market
- 8.4.1 Saudi Arabia Biometric Banking Market, by Type
- 8.4.2 Saudi Arabia Biometric Banking Market, by Vertical
- 8.4.3 Saudi Arabia Biometric Banking Market, by Component
- 8.5 South Africa Biometric Banking Market
- 8.5.1 South Africa Biometric Banking Market, by Type
- 8.5.2 South Africa Biometric Banking Market, by Vertical
- 8.5.3 South Africa Biometric Banking Market, by Component
- 8.6 Nigeria Biometric Banking Market
- 8.6.1 Nigeria Biometric Banking Market, by Type
- 8.6.2 Nigeria Biometric Banking Market, by Vertical
- 8.6.3 Nigeria Biometric Banking Market, by Component
- 8.7 Rest of LAMEA Biometric Banking Market
- 8.7.1 Rest of LAMEA Biometric Banking Market, by Type
- 8.7.2 Rest of LAMEA Biometric Banking Market, by Vertical
- 8.7.3 Rest of LAMEA Biometric Banking Market, by Component
Chapter 9. Company Profiles
- 9.1 Google, LLC (Kaggle Inc.)
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.6 SWOT Analysis
- 9.2 NEC Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 SWOT Analysis
- 9.3 Apple Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
- 9.4 Alibaba Cloud (Alibaba Group Holding Limited)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Recent strategies and developments:
- 9.4.4.1 Partnerships, Collaborations, and Agreements:
- 9.4.5 SWOT Analysis
- 9.5 Mastercard, Inc.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional Analysis
- 9.5.4 Recent strategies and developments:
- 9.5.4.1 Partnerships, Collaborations, and Agreements:
- 9.5.4.2 Product Launches and Product Expansions:
- 9.5.5 SWOT Analysis
- 9.6 Barclays PLC
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Recent strategies and developments:
- 9.6.4.1 Product Launches and Product Expansions:
- 9.6.5 SWOT Analysis
- 9.7 Visa, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Recent strategies and developments:
- 9.7.3.1 Partnerships, Collaborations, and Agreements:
- 9.7.4 SWOT Analysis
- 9.8 PayPal Holdings, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Product Launches and Product Expansions:
- 9.8.5.2 Acquisition and Mergers:
- 9.8.6 SWOT Analysis
- 9.9 Samsung Electronics Co., Ltd. (Samsung Group)
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Recent strategies and developments:
- 9.9.4.1 Product Launches and Product Expansions:
- 9.9.5 SWOT Analysis
- 9.10. Aliph Brands LLC (JawBone)
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Biometric Banking Market, 2019 - 2022, USD Million
- TABLE 2 LAMEA Biometric Banking Market, 2023 - 2030, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Biometric Banking Market
- TABLE 4 Product Launches And Product Expansions- Biometric Banking Market
- TABLE 5 Acquisition and Mergers- Biometric Banking Market
- TABLE 6 LAMEA Biometric Banking Market, by Type, 2019 - 2022, USD Million
- TABLE 7 LAMEA Biometric Banking Market, by Type, 2023 - 2030, USD Million
- TABLE 8 LAMEA Fingerprint Market, by Country, 2019 - 2022, USD Million
- TABLE 9 LAMEA Fingerprint Market, by Country, 2023 - 2030, USD Million
- TABLE 10 LAMEA Facial Recognition Market, by Country, 2019 - 2022, USD Million
- TABLE 11 LAMEA Facial Recognition Market, by Country, 2023 - 2030, USD Million
- TABLE 12 LAMEA Hand Geometry Market, by Country, 2019 - 2022, USD Million
- TABLE 13 LAMEA Hand Geometry Market, by Country, 2023 - 2030, USD Million
- TABLE 14 LAMEA Iris Recognition Market, by Country, 2019 - 2022, USD Million
- TABLE 15 LAMEA Iris Recognition Market, by Country, 2023 - 2030, USD Million
- TABLE 16 LAMEA Others Market, by Country, 2019 - 2022, USD Million
- TABLE 17 LAMEA Others Market, by Country, 2023 - 2030, USD Million
- TABLE 18 LAMEA Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
- TABLE 19 LAMEA Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
- TABLE 20 LAMEA Retail Market, by Country, 2019 - 2022, USD Million
- TABLE 21 LAMEA Retail Market, by Country, 2023 - 2030, USD Million
- TABLE 22 LAMEA Transportation Market, by Country, 2019 - 2022, USD Million
- TABLE 23 LAMEA Transportation Market, by Country, 2023 - 2030, USD Million
- TABLE 24 LAMEA Hospitality Market, by Country, 2019 - 2022, USD Million
- TABLE 25 LAMEA Hospitality Market, by Country, 2023 - 2030, USD Million
- TABLE 26 LAMEA Government Market, by Country, 2019 - 2022, USD Million
- TABLE 27 LAMEA Government Market, by Country, 2023 - 2030, USD Million
- TABLE 28 LAMEA Healthcare Market, by Country, 2019 - 2022, USD Million
- TABLE 29 LAMEA Healthcare Market, by Country, 2023 - 2030, USD Million
- TABLE 30 LAMEA Others Market, by Country, 2019 - 2022, USD Million
- TABLE 31 LAMEA Others Market, by Country, 2023 - 2030, USD Million
- TABLE 32 LAMEA Biometric Banking Market, by Component, 2019 - 2022, USD Million
- TABLE 33 LAMEA Biometric Banking Market, by Component, 2023 - 2030, USD Million
- TABLE 34 LAMEA Hardware Market, by Country, 2019 - 2022, USD Million
- TABLE 35 LAMEA Hardware Market, by Country, 2023 - 2030, USD Million
- TABLE 36 LAMEA Software Market, by Country, 2019 - 2022, USD Million
- TABLE 37 LAMEA Software Market, by Country, 2023 - 2030, USD Million
- TABLE 38 LAMEA Services Market, by Country, 2019 - 2022, USD Million
- TABLE 39 LAMEA Services Market, by Country, 2023 - 2030, USD Million
- TABLE 40 LAMEA Biometric Banking Market, by Country, 2019 - 2022, USD Million
- TABLE 41 LAMEA Biometric Banking Market, by Country, 2023 - 2030, USD Million
- TABLE 42 Brazil Biometric Banking Market, 2019 - 2022, USD Million
- TABLE 43 Brazil Biometric Banking Market, 2023 - 2030, USD Million
- TABLE 44 Brazil Biometric Banking Market, by Type, 2019 - 2022, USD Million
- TABLE 45 Brazil Biometric Banking Market, by Type, 2023 - 2030, USD Million
- TABLE 46 Brazil Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
- TABLE 47 Brazil Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
- TABLE 48 Brazil Biometric Banking Market, by Component, 2019 - 2022, USD Million
- TABLE 49 Brazil Biometric Banking Market, by Component, 2023 - 2030, USD Million
- TABLE 50 Argentina Biometric Banking Market, 2019 - 2022, USD Million
- TABLE 51 Argentina Biometric Banking Market, 2023 - 2030, USD Million
- TABLE 52 Argentina Biometric Banking Market, by Type, 2019 - 2022, USD Million
- TABLE 53 Argentina Biometric Banking Market, by Type, 2023 - 2030, USD Million
- TABLE 54 Argentina Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
- TABLE 55 Argentina Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
- TABLE 56 Argentina Biometric Banking Market, by Component, 2019 - 2022, USD Million
- TABLE 57 Argentina Biometric Banking Market, by Component, 2023 - 2030, USD Million
- TABLE 58 UAE Biometric Banking Market, 2019 - 2022, USD Million
- TABLE 59 UAE Biometric Banking Market, 2023 - 2030, USD Million
- TABLE 60 UAE Biometric Banking Market, by Type, 2019 - 2022, USD Million
- TABLE 61 UAE Biometric Banking Market, by Type, 2023 - 2030, USD Million
- TABLE 62 UAE Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
- TABLE 63 UAE Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
- TABLE 64 UAE Biometric Banking Market, by Component, 2019 - 2022, USD Million
- TABLE 65 UAE Biometric Banking Market, by Component, 2023 - 2030, USD Million
- TABLE 66 Saudi Arabia Biometric Banking Market, 2019 - 2022, USD Million
- TABLE 67 Saudi Arabia Biometric Banking Market, 2023 - 2030, USD Million
- TABLE 68 Saudi Arabia Biometric Banking Market, by Type, 2019 - 2022, USD Million
- TABLE 69 Saudi Arabia Biometric Banking Market, by Type, 2023 - 2030, USD Million
- TABLE 70 Saudi Arabia Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
- TABLE 71 Saudi Arabia Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
- TABLE 72 Saudi Arabia Biometric Banking Market, by Component, 2019 - 2022, USD Million
- TABLE 73 Saudi Arabia Biometric Banking Market, by Component, 2023 - 2030, USD Million
- TABLE 74 South Africa Biometric Banking Market, 2019 - 2022, USD Million
- TABLE 75 South Africa Biometric Banking Market, 2023 - 2030, USD Million
- TABLE 76 South Africa Biometric Banking Market, by Type, 2019 - 2022, USD Million
- TABLE 77 South Africa Biometric Banking Market, by Type, 2023 - 2030, USD Million
- TABLE 78 South Africa Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
- TABLE 79 South Africa Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
- TABLE 80 South Africa Biometric Banking Market, by Component, 2019 - 2022, USD Million
- TABLE 81 South Africa Biometric Banking Market, by Component, 2023 - 2030, USD Million
- TABLE 82 Nigeria Biometric Banking Market, 2019 - 2022, USD Million
- TABLE 83 Nigeria Biometric Banking Market, 2023 - 2030, USD Million
- TABLE 84 Nigeria Biometric Banking Market, by Type, 2019 - 2022, USD Million
- TABLE 85 Nigeria Biometric Banking Market, by Type, 2023 - 2030, USD Million
- TABLE 86 Nigeria Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
- TABLE 87 Nigeria Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
- TABLE 88 Nigeria Biometric Banking Market, by Component, 2019 - 2022, USD Million
- TABLE 89 Nigeria Biometric Banking Market, by Component, 2023 - 2030, USD Million
- TABLE 90 Rest of LAMEA Biometric Banking Market, 2019 - 2022, USD Million
- TABLE 91 Rest of LAMEA Biometric Banking Market, 2023 - 2030, USD Million
- TABLE 92 Rest of LAMEA Biometric Banking Market, by Type, 2019 - 2022, USD Million
- TABLE 93 Rest of LAMEA Biometric Banking Market, by Type, 2023 - 2030, USD Million
- TABLE 94 Rest of LAMEA Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
- TABLE 95 Rest of LAMEA Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
- TABLE 96 Rest of LAMEA Biometric Banking Market, by Component, 2019 - 2022, USD Million
- TABLE 97 Rest of LAMEA Biometric Banking Market, by Component, 2023 - 2030, USD Million
- TABLE 98 Key Information - Google, LLc
- TABLE 99 KEY INFORMATION - NEC Corporation
- TABLE 100 Key Information - Apple Inc.
- TABLE 101 Key Information - Alibaba Cloud
- TABLE 102 Key Information - Mastercard, Inc.
- TABLE 103 Key Information - Barclays PLC
- TABLE 104 Key Information - Visa, Inc.
- TABLE 105 Key Information - PayPal Holdings, Inc.
- TABLE 106 Key Information - Samsung Electronics Co., Ltd.
- TABLE 107 Key Information - Aliph Brands LLC
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