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PUBLISHER: KBV Research | PRODUCT CODE: 1585052
PUBLISHER: KBV Research | PRODUCT CODE: 1585052
North America Retail Biometrics Market Size, Share & Trends Analysis Report By Deployment Mode (On-Premises and Cloud-Based), By Type, By Component, By Application, By Retail Type, By Country and Growth Forecast, 2024 - 2031
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The North America Retail Biometrics Market would witness market growth of 31.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Retail Biometrics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9,414.2 million by 2031. Canada market is experiencing a CAGR of 33.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 32.7% during (2024 - 2031).
Biometric technology encompasses various methods of identifying and authenticating individuals based on unique physical or behavioural traits. Retailers use biometric systems to verify customer identities during transactions, ensuring secure payment processing and reducing instances of fraud. For example, facial recognition systems can authenticate customers at checkout, while fingerprint scanners can be integrated into point-of-sale (POS) systems for secure access.
In addition, biometric technologies are employed for secure access to restricted areas within retail environments, such as stockrooms and management offices. Retailers can enhance security by allowing only authorized personnel to access sensitive information and assets, thus reducing the risk of theft and unauthorized access.
The retail industry in Mexico is witnessing substantial growth, with the International Trade Administration (ITA) estimating its revenue at approximately USD 76 billion in 2023. This growth trajectory is underpinned by various factors that enhance consumer shopping experiences and create significant opportunities for technological advancements, particularly in the retail biometrics market. The rise in retail revenues reflects a shift in consumer behaviour towards convenience and security, which drives the adoption of biometric technologies.
Based on Deployment Mode, the market is segmented into On-Premises and Cloud-Based. Based on Type, the market is segmented into Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition, and Vein Recognition & Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Payment Authentication, Customer Identification & Loyalty Programs, Access Control & Security, Fraud Detection & Prevention, Workforce Management, and Others. Based on Retail Type, the market is segmented into Supermarkets & Hypermarkets, Specialty Stores, E-Commerce Platforms, Department Stores, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Cognitec Systems GmbH (Salto Systems, S.L.)
- IDEMIA SAS (Advent International, Inc.)
- NEC Corporation
- Fujitsu Limited
- Thales Group S.A.
- BIO-key International, Inc.
- Anviz Global Inc.
- HID Global Corporation (Assa Abloy AB)
- M2SYS Technology, Inc.
- Fingerprint Cards AB
North America Retail Biometrics Market Report Segmentation
By Deployment Mode
- On-Premises
- Cloud-Based
By Type
- Fingerprint Recognition
- Facial Recognition
- Iris Recognition
- Voice Recognition
- Vein Recognition & Others
By Component
- Hardware
- Software
- Services
By Application
- Payment Authentication
- Customer Identification & Loyalty Programs
- Access Control & Security
- Fraud Detection & Prevention
- Workforce Management
- Others
By Retail Type
- Supermarkets & Hypermarkets
- Specialty Stores
- E-Commerce Platforms
- Department Stores
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
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 North America Retail Biometrics Market, by Deployment Mode
- 1.4.2 North America Retail Biometrics Market, by Type
- 1.4.3 North America Retail Biometrics Market, by Component
- 1.4.4 North America Retail Biometrics Market, by Application
- 1.4.5 North America Retail Biometrics Market, by Retail Type
- 1.4.6 North America Retail Biometrics 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 Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Strategies Deployed in Retail Biometrics Market.
- 4.3 Porter Five Forces Analysis
Chapter 5. North America Retail Biometrics Market by Deployment Mode
- 5.1 North America On-Premises Market by Region
- 5.2 North America Cloud-Based Market by Region
Chapter 6. North America Retail Biometrics Market by Type
- 6.1 North America Fingerprint Recognition Market by Country
- 6.2 North America Facial Recognition Market by Country
- 6.3 North America Iris Recognition Market by Country
- 6.4 North America Voice Recognition Market by Country
- 6.5 North America Vein Recognition & Others Market by Country
Chapter 7. North America Retail Biometrics Market by Component
- 7.1 North America Hardware Market by Country
- 7.2 North America Software Market by Country
- 7.3 North America Services Market by Country
Chapter 8. North America Retail Biometrics Market by Application
- 8.1 North America Payment Authentication Market by Country
- 8.2 North America Customer Identification & Loyalty Programs Market by Country
- 8.3 North America Access Control & Security Market by Country
- 8.4 North America Fraud Detection & Prevention Market by Country
- 8.5 North America Workforce Management Market by Country
- 8.6 North America Others Market by Country
Chapter 9. North America Retail Biometrics Market by Retail Type
- 9.1 North America Supermarkets & Hypermarkets Market by Country
- 9.2 North America Specialty Stores Market by Country
- 9.3 North America E-Commerce Platforms Market by Country
- 9.4 North America Department Stores Market by Country
- 9.5 North America Others Market by Country
Chapter 10. North America Retail Biometrics Market by Country
- 10.1 US Retail Biometrics Market
- 10.1.1 US Retail Biometrics Market by Deployment Mode
- 10.1.2 US Retail Biometrics Market by Type
- 10.1.3 US Retail Biometrics Market by Component
- 10.1.4 US Retail Biometrics Market by Application
- 10.1.5 US Retail Biometrics Market by Retail Type
- 10.2 Canada Retail Biometrics Market
- 10.2.1 Canada Retail Biometrics Market by Deployment Mode
- 10.2.2 Canada Retail Biometrics Market by Type
- 10.2.3 Canada Retail Biometrics Market by Component
- 10.2.4 Canada Retail Biometrics Market by Application
- 10.2.5 Canada Retail Biometrics Market by Retail Type
- 10.3 Mexico Retail Biometrics Market
- 10.3.1 Mexico Retail Biometrics Market by Deployment Mode
- 10.3.2 Mexico Retail Biometrics Market by Type
- 10.3.3 Mexico Retail Biometrics Market by Component
- 10.3.4 Mexico Retail Biometrics Market by Application
- 10.3.5 Mexico Retail Biometrics Market by Retail Type
- 10.4 Rest of North America Retail Biometrics Market
- 10.4.1 Rest of North America Retail Biometrics Market by Deployment Mode
- 10.4.2 Rest of North America Retail Biometrics Market by Type
- 10.4.3 Rest of North America Retail Biometrics Market by Component
- 10.4.4 Rest of North America Retail Biometrics Market by Application
- 10.4.5 Rest of North America Retail Biometrics Market by Retail Type
Chapter 11. Company Profiles
- 11.1 Cognitec Systems GmbH (Salto Systems, S.L.)
- 11.1.1 Company Overview
- 11.1.2 SWOT Analysis
- 11.2 IDEMIA SAS (Advent International, Inc.)
- 11.2.1 Company Overview
- 11.2.2 Recent strategies and developments:
- 11.2.2.1 Partnerships, Collaborations, and Agreements:
- 11.2.2.2 Product Launches and Product Expansions:
- 11.2.3 SWOT Analysis
- 11.3 NEC Corporation
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Research & Development Expenses
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Partnerships, Collaborations, and Agreements:
- 11.3.5.2 Product Launches and Product Expansions:
- 11.3.6 SWOT Analysis
- 11.4 Fujitsu Limited
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Partnerships, Collaborations, and Agreements:
- 11.4.5.2 Product Launches and Product Expansions:
- 11.4.5.3 Acquisition and Mergers:
- 11.4.6 SWOT Analysis
- 11.5 Thales Group S.A.
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expenses
- 11.5.5 SWOT Analysis
- 11.6 BIO-key International, Inc.
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Research & Development Expenses
- 11.6.4 SWOT Analysis
- 11.7 Anviz Global Inc.
- 11.7.1 Company Overview
- 11.7.2 SWOT Analysis
- 11.8 HID Global Corporation (Assa Abloy AB)
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Segmental Analysis
- 11.8.4 Research & Development Expenses
- 11.8.5 SWOT Analysis
- 11.9 M2SYS Technology, Inc.
- 11.9.1 Company Overview
- 11.9.2 SWOT Analysis
- 11.10. Fingerprint Cards AB
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Segmental and Regional Analysis
- 11.10.4 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Retail Biometrics Market, 2020 - 2023, USD Million
- TABLE 2 North America Retail Biometrics Market, 2024 - 2031, USD Million
- TABLE 3 North America Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 4 North America Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 5 North America On-Premises Market by Region, 2020 - 2023, USD Million
- TABLE 6 North America On-Premises Market by Region, 2024 - 2031, USD Million
- TABLE 7 North America Cloud-Based Market by Region, 2020 - 2023, USD Million
- TABLE 8 North America Cloud-Based Market by Region, 2024 - 2031, USD Million
- TABLE 9 North America Retail Biometrics Market by Type, 2020 - 2023, USD Million
- TABLE 10 North America Retail Biometrics Market by Type, 2024 - 2031, USD Million
- TABLE 11 North America Fingerprint Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Fingerprint Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Facial Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Facial Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Iris Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Iris Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Voice Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Voice Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Vein Recognition & Others Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Vein Recognition & Others Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Retail Biometrics Market by Component, 2020 - 2023, USD Million
- TABLE 22 North America Retail Biometrics Market by Component, 2024 - 2031, USD Million
- TABLE 23 North America Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Software Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Software Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Services Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Services Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America Retail Biometrics Market by Application, 2020 - 2023, USD Million
- TABLE 30 North America Retail Biometrics Market by Application, 2024 - 2031, USD Million
- TABLE 31 North America Payment Authentication Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Payment Authentication Market by Country, 2024 - 2031, USD Million
- TABLE 33 North America Customer Identification & Loyalty Programs Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America Customer Identification & Loyalty Programs Market by Country, 2024 - 2031, USD Million
- TABLE 35 North America Access Control & Security Market by Country, 2020 - 2023, USD Million
- TABLE 36 North America Access Control & Security Market by Country, 2024 - 2031, USD Million
- TABLE 37 North America Fraud Detection & Prevention Market by Country, 2020 - 2023, USD Million
- TABLE 38 North America Fraud Detection & Prevention Market by Country, 2024 - 2031, USD Million
- TABLE 39 North America Workforce Management Market by Country, 2020 - 2023, USD Million
- TABLE 40 North America Workforce Management Market by Country, 2024 - 2031, USD Million
- TABLE 41 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 42 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 43 North America Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
- TABLE 44 North America Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
- TABLE 45 North America Supermarkets & Hypermarkets Market by Country, 2020 - 2023, USD Million
- TABLE 46 North America Supermarkets & Hypermarkets Market by Country, 2024 - 2031, USD Million
- TABLE 47 North America Specialty Stores Market by Country, 2020 - 2023, USD Million
- TABLE 48 North America Specialty Stores Market by Country, 2024 - 2031, USD Million
- TABLE 49 North America E-Commerce Platforms Market by Country, 2020 - 2023, USD Million
- TABLE 50 North America E-Commerce Platforms Market by Country, 2024 - 2031, USD Million
- TABLE 51 North America Department Stores Market by Country, 2020 - 2023, USD Million
- TABLE 52 North America Department Stores Market by Country, 2024 - 2031, USD Million
- TABLE 53 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 54 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 55 North America Retail Biometrics Market by Country, 2020 - 2023, USD Million
- TABLE 56 North America Retail Biometrics Market by Country, 2024 - 2031, USD Million
- TABLE 57 US Retail Biometrics Market, 2020 - 2023, USD Million
- TABLE 58 US Retail Biometrics Market, 2024 - 2031, USD Million
- TABLE 59 US Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 60 US Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 61 US Retail Biometrics Market by Type, 2020 - 2023, USD Million
- TABLE 62 US Retail Biometrics Market by Type, 2024 - 2031, USD Million
- TABLE 63 US Retail Biometrics Market by Component, 2020 - 2023, USD Million
- TABLE 64 US Retail Biometrics Market by Component, 2024 - 2031, USD Million
- TABLE 65 US Retail Biometrics Market by Application, 2020 - 2023, USD Million
- TABLE 66 US Retail Biometrics Market by Application, 2024 - 2031, USD Million
- TABLE 67 US Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
- TABLE 68 US Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
- TABLE 69 Canada Retail Biometrics Market, 2020 - 2023, USD Million
- TABLE 70 Canada Retail Biometrics Market, 2024 - 2031, USD Million
- TABLE 71 Canada Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 72 Canada Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 73 Canada Retail Biometrics Market by Type, 2020 - 2023, USD Million
- TABLE 74 Canada Retail Biometrics Market by Type, 2024 - 2031, USD Million
- TABLE 75 Canada Retail Biometrics Market by Component, 2020 - 2023, USD Million
- TABLE 76 Canada Retail Biometrics Market by Component, 2024 - 2031, USD Million
- TABLE 77 Canada Retail Biometrics Market by Application, 2020 - 2023, USD Million
- TABLE 78 Canada Retail Biometrics Market by Application, 2024 - 2031, USD Million
- TABLE 79 Canada Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
- TABLE 80 Canada Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
- TABLE 81 Mexico Retail Biometrics Market, 2020 - 2023, USD Million
- TABLE 82 Mexico Retail Biometrics Market, 2024 - 2031, USD Million
- TABLE 83 Mexico Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 84 Mexico Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 85 Mexico Retail Biometrics Market by Type, 2020 - 2023, USD Million
- TABLE 86 Mexico Retail Biometrics Market by Type, 2024 - 2031, USD Million
- TABLE 87 Mexico Retail Biometrics Market by Component, 2020 - 2023, USD Million
- TABLE 88 Mexico Retail Biometrics Market by Component, 2024 - 2031, USD Million
- TABLE 89 Mexico Retail Biometrics Market by Application, 2020 - 2023, USD Million
- TABLE 90 Mexico Retail Biometrics Market by Application, 2024 - 2031, USD Million
- TABLE 91 Mexico Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
- TABLE 92 Mexico Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
- TABLE 93 Rest of North America Retail Biometrics Market, 2020 - 2023, USD Million
- TABLE 94 Rest of North America Retail Biometrics Market, 2024 - 2031, USD Million
- TABLE 95 Rest of North America Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 96 Rest of North America Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 97 Rest of North America Retail Biometrics Market by Type, 2020 - 2023, USD Million
- TABLE 98 Rest of North America Retail Biometrics Market by Type, 2024 - 2031, USD Million
- TABLE 99 Rest of North America Retail Biometrics Market by Component, 2020 - 2023, USD Million
- TABLE 100 Rest of North America Retail Biometrics Market by Component, 2024 - 2031, USD Million
- TABLE 101 Rest of North America Retail Biometrics Market by Application, 2020 - 2023, USD Million
- TABLE 102 Rest of North America Retail Biometrics Market by Application, 2024 - 2031, USD Million
- TABLE 103 Rest of North America Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
- TABLE 104 Rest of North America Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
- TABLE 105 Key Information - Cognitec Systems GmbH
- TABLE 106 Key Information - IDEMIA SAS
- TABLE 107 KEY INFORMATION - NEC Corporation
- TABLE 108 Key Information - Fujitsu Limited
- TABLE 109 Key Information - Thales Group S.A.
- TABLE 110 Key information - BIO-key International, Inc.
- TABLE 111 Key Information - Anviz Global Inc.
- TABLE 112 Key Information - HID Global Corporation
- TABLE 113 Key Information - M2SYS Technology, Inc.
- TABLE 114 Key Information - Fingerprint Cards AB
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