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PUBLISHER: KBV Research | PRODUCT CODE: 1616538
PUBLISHER: KBV Research | PRODUCT CODE: 1616538
North America Next-Gen Biometric Authentication Market Size, Share & Trends Analysis Report By Component (Software and Services), By Authentication Type, By Technology, By End User, By Country and Growth Forecast, 2024 - 2031
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PAGES: 150 Pages
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The North America Next-Gen Biometric Authentication Market would witness market growth of 20.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Next-Gen Biometric Authentication Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $45,488.9 million by 2031. The Canada market is experiencing a CAGR of 22.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 21.7% during (2024 - 2031).
Biometric authentication, a rapidly evolving technology, plays a crucial role in modern security systems by verifying identities based on unique biological characteristics. Next-generation biometric authentication (NGBA) encompasses advanced modalities and innovative applications that enhance security and user convenience across various sectors.
The financial sector is central to adopting NGBA to combat fraud and ensure secure transactions. Biometric technologies such as fingerprint scanning, facial recognition, and voice authentication provide multi-factor authentication for online banking, mobile payments, and ATM access. Biometric authentication enhances customer experience by simplifying login processes and reducing the reliance on traditional passwords.
Biometric authentication is increasingly seen as essential for safeguarding high-security environments, such as military bases and aerospace research centers. The rising investments in aerospace technologies and the need for highly secure identification systems are expected to create substantial opportunities for biometric authentication solutions. As these industries adopt more sophisticated technologies, there will be a growing demand for next-generation biometric systems, contributing to the market's growth in Canada and the broader defense and aerospace sectors. Thus, the combined impact of rising vehicle theft in the U.S. and growing investments in Canada's defense and aerospace sectors will likely fuel the expansion of the next-gen biometric authentication market.
Based on Component, the market is segmented into Software and Services. Based on Authentication Type, the market is segmented into Single-factor Authentication and Multi-factor Authentication. Based on Technology, the market is segmented into Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition, Palm Vein Recognition, Signature Recognition, and Other Technology. Based on End User, the market is segmented into Government, BFSI, Travel & Immigration, Home Security, Healthcare, Defense, and Other End Users. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Fujitsu Limited
- Thales Group S.A.
- HID Global Corporation
- NEC Corporation
- Aware, Inc.
- Fingerprint Cards AB
- IDEMIA SAS
- M2SYS Technology, Inc.
- CardLogix Corporation
- Touchless Biometric Systems AG
North America Next-Gen Biometric Authentication Market Report Segmentation
By Component
- Software
- Services
By Authentication Type
- Single-factor Authentication
- Multi-factor Authentication
By Technology
- Fingerprint Recognition
- Facial Recognition
- Iris Recognition
- Voice Recognition
- Palm Vein Recognition
- Signature Recognition
- Other Technology
By End User
- Government
- BFSI
- Travel & Immigration
- Home Security
- Healthcare
- Defense
- Other End Users
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 Next-Gen Biometric Authentication Market, by Component
- 1.4.2 North America Next-Gen Biometric Authentication Market, by Authentication Type
- 1.4.3 North America Next-Gen Biometric Authentication Market, by Technology
- 1.4.4 North America Next-Gen Biometric Authentication Market, by End User
- 1.4.5 North America Next-Gen Biometric Authentication 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 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 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Apr - 2024, Jul) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. North America Next-Gen Biometric Authentication Market by Component
- 5.1 North America Software Market by Region
- 5.2 North America Services Market by Region
Chapter 6. North America Next-Gen Biometric Authentication Market by Authentication Type
- 6.1 North America Single-factor Authentication Market by Country
- 6.2 North America Multi-factor Authentication Market by Country
Chapter 7. North America Next-Gen Biometric Authentication Market by Technology
- 7.1 North America Fingerprint Recognition Market by Country
- 7.2 North America Facial Recognition Market by Country
- 7.3 North America Iris Recognition Market by Country
- 7.4 North America Voice Recognition Market by Country
- 7.5 North America Palm Vein Recognition Market by Country
- 7.6 North America Signature Recognition Market by Country
- 7.7 North America Other Technology Market by Country
Chapter 8. North America Next-Gen Biometric Authentication Market by End User
- 8.1 North America Government Market by Country
- 8.2 North America BFSI Market by Country
- 8.3 North America Travel & Immigration Market by Country
- 8.4 North America Home Security Market by Country
- 8.5 North America Healthcare Market by Country
- 8.6 North America Defense Market by Country
- 8.7 North America Other End Users Market by Country
Chapter 9. North America Next-Gen Biometric Authentication Market by Country
- 9.1 US Next-Gen Biometric Authentication Market
- 9.1.1 US Next-Gen Biometric Authentication Market by Component
- 9.1.2 US Next-Gen Biometric Authentication Market by Authentication Type
- 9.1.3 US Next-Gen Biometric Authentication Market by Technology
- 9.1.4 US Next-Gen Biometric Authentication Market by End User
- 9.2 Canada Next-Gen Biometric Authentication Market
- 9.2.1 Canada Next-Gen Biometric Authentication Market by Component
- 9.2.2 Canada Next-Gen Biometric Authentication Market by Authentication Type
- 9.2.3 Canada Next-Gen Biometric Authentication Market by Technology
- 9.2.4 Canada Next-Gen Biometric Authentication Market by End User
- 9.3 Mexico Next-Gen Biometric Authentication Market
- 9.3.1 Mexico Next-Gen Biometric Authentication Market by Component
- 9.3.2 Mexico Next-Gen Biometric Authentication Market by Authentication Type
- 9.3.3 Mexico Next-Gen Biometric Authentication Market by Technology
- 9.3.4 Mexico Next-Gen Biometric Authentication Market by End User
- 9.4 Rest of North America Next-Gen Biometric Authentication Market
- 9.4.1 Rest of North America Next-Gen Biometric Authentication Market by Component
- 9.4.2 Rest of North America Next-Gen Biometric Authentication Market by Authentication Type
- 9.4.3 Rest of North America Next-Gen Biometric Authentication Market by Technology
- 9.4.4 Rest of North America Next-Gen Biometric Authentication Market by End User
Chapter 10. Company Profiles
- 10.1 Fujitsu Limited
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Thales Group S.A.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
- 10.3 HID Global Corporation (Assa Abloy AB)
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.6 SWOT Analysis
- 10.4 NEC Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Product Launches and Product Expansions:
- 10.4.5.2 Product Launches and Product Expansions:
- 10.4.6 SWOT Analysis
- 10.5 Aware, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
- 10.6 Fingerprint Cards AB
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental Analysis
- 10.6.4 Recent strategies and developments:
- 10.6.4.1 Partnerships, Collaborations, and Agreements:
- 10.6.4.2 Product Launches and Product Expansions:
- 10.6.5 SWOT Analysis
- 10.7 IDEMIA SAS (Advent International, Inc.)
- 10.7.1 Company Overview
- 10.7.2 Recent strategies and developments:
- 10.7.2.1 Partnerships, Collaborations, and Agreements:
- 10.7.2.2 Product Launches and Product Expansions:
- 10.7.3 SWOT Analysis
- 10.8 M2SYS Technology, Inc.
- 10.8.1 Company Overview
- 10.8.2 SWOT Analysis
- 10.9 CardLogix Corporation
- 10.9.1 Company Overview
- 10.9.2 SWOT Analysis
- 10.10. Touchless Biometric Systems AG
- 10.10.1 Company Overview
- 10.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Next-Gen Biometric Authentication Market, 2020 - 2023, USD Million
- TABLE 2 North America Next-Gen Biometric Authentication Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Next-Gen Biometric Authentication Market
- TABLE 4 Product Launches And Product Expansions- Next-Gen Biometric Authentication Market
- TABLE 5 Acquisition and Mergers- Next-Gen Biometric Authentication Market
- TABLE 6 North America Next-Gen Biometric Authentication Market by Component, 2020 - 2023, USD Million
- TABLE 7 North America Next-Gen Biometric Authentication Market by Component, 2024 - 2031, USD Million
- TABLE 8 North America Software Market by Region, 2020 - 2023, USD Million
- TABLE 9 North America Software Market by Region, 2024 - 2031, USD Million
- TABLE 10 North America Services Market by Region, 2020 - 2023, USD Million
- TABLE 11 North America Services Market by Region, 2024 - 2031, USD Million
- TABLE 12 North America Next-Gen Biometric Authentication Market by Authentication Type, 2020 - 2023, USD Million
- TABLE 13 North America Next-Gen Biometric Authentication Market by Authentication Type, 2024 - 2031, USD Million
- TABLE 14 North America Single-factor Authentication Market by Country, 2020 - 2023, USD Million
- TABLE 15 North America Single-factor Authentication Market by Country, 2024 - 2031, USD Million
- TABLE 16 North America Multi-factor Authentication Market by Country, 2020 - 2023, USD Million
- TABLE 17 North America Multi-factor Authentication Market by Country, 2024 - 2031, USD Million
- TABLE 18 North America Next-Gen Biometric Authentication Market by Technology, 2020 - 2023, USD Million
- TABLE 19 North America Next-Gen Biometric Authentication Market by Technology, 2024 - 2031, USD Million
- TABLE 20 North America Fingerprint Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 21 North America Fingerprint Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 22 North America Facial Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 23 North America Facial Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 24 North America Iris Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 25 North America Iris Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 26 North America Voice Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 27 North America Voice Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 28 North America Palm Vein Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 29 North America Palm Vein Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 30 North America Signature Recognition Market by Country, 2020 - 2023, USD Million
- TABLE 31 North America Signature Recognition Market by Country, 2024 - 2031, USD Million
- TABLE 32 North America Other Technology Market by Country, 2020 - 2023, USD Million
- TABLE 33 North America Other Technology Market by Country, 2024 - 2031, USD Million
- TABLE 34 North America Next-Gen Biometric Authentication Market by End User, 2020 - 2023, USD Million
- TABLE 35 North America Next-Gen Biometric Authentication Market by End User, 2024 - 2031, USD Million
- TABLE 36 North America Government Market by Country, 2020 - 2023, USD Million
- TABLE 37 North America Government Market by Country, 2024 - 2031, USD Million
- TABLE 38 North America BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 39 North America BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 40 North America Travel & Immigration Market by Country, 2020 - 2023, USD Million
- TABLE 41 North America Travel & Immigration Market by Country, 2024 - 2031, USD Million
- TABLE 42 North America Home Security Market by Country, 2020 - 2023, USD Million
- TABLE 43 North America Home Security Market by Country, 2024 - 2031, USD Million
- TABLE 44 North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 45 North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 46 North America Defense Market by Country, 2020 - 2023, USD Million
- TABLE 47 North America Defense Market by Country, 2024 - 2031, USD Million
- TABLE 48 North America Other End Users Market by Country, 2020 - 2023, USD Million
- TABLE 49 North America Other End Users Market by Country, 2024 - 2031, USD Million
- TABLE 50 North America Next-Gen Biometric Authentication Market by Country, 2020 - 2023, USD Million
- TABLE 51 North America Next-Gen Biometric Authentication Market by Country, 2024 - 2031, USD Million
- TABLE 52 US Next-Gen Biometric Authentication Market, 2020 - 2023, USD Million
- TABLE 53 US Next-Gen Biometric Authentication Market, 2024 - 2031, USD Million
- TABLE 54 US Next-Gen Biometric Authentication Market by Component, 2020 - 2023, USD Million
- TABLE 55 US Next-Gen Biometric Authentication Market by Component, 2024 - 2031, USD Million
- TABLE 56 US Next-Gen Biometric Authentication Market by Authentication Type, 2020 - 2023, USD Million
- TABLE 57 US Next-Gen Biometric Authentication Market by Authentication Type, 2024 - 2031, USD Million
- TABLE 58 US Next-Gen Biometric Authentication Market by Technology, 2020 - 2023, USD Million
- TABLE 59 US Next-Gen Biometric Authentication Market by Technology, 2024 - 2031, USD Million
- TABLE 60 US Next-Gen Biometric Authentication Market by End User, 2020 - 2023, USD Million
- TABLE 61 US Next-Gen Biometric Authentication Market by End User, 2024 - 2031, USD Million
- TABLE 62 Canada Next-Gen Biometric Authentication Market, 2020 - 2023, USD Million
- TABLE 63 Canada Next-Gen Biometric Authentication Market, 2024 - 2031, USD Million
- TABLE 64 Canada Next-Gen Biometric Authentication Market by Component, 2020 - 2023, USD Million
- TABLE 65 Canada Next-Gen Biometric Authentication Market by Component, 2024 - 2031, USD Million
- TABLE 66 Canada Next-Gen Biometric Authentication Market by Authentication Type, 2020 - 2023, USD Million
- TABLE 67 Canada Next-Gen Biometric Authentication Market by Authentication Type, 2024 - 2031, USD Million
- TABLE 68 Canada Next-Gen Biometric Authentication Market by Technology, 2020 - 2023, USD Million
- TABLE 69 Canada Next-Gen Biometric Authentication Market by Technology, 2024 - 2031, USD Million
- TABLE 70 Canada Next-Gen Biometric Authentication Market by End User, 2020 - 2023, USD Million
- TABLE 71 Canada Next-Gen Biometric Authentication Market by End User, 2024 - 2031, USD Million
- TABLE 72 Mexico Next-Gen Biometric Authentication Market, 2020 - 2023, USD Million
- TABLE 73 Mexico Next-Gen Biometric Authentication Market, 2024 - 2031, USD Million
- TABLE 74 Mexico Next-Gen Biometric Authentication Market by Component, 2020 - 2023, USD Million
- TABLE 75 Mexico Next-Gen Biometric Authentication Market by Component, 2024 - 2031, USD Million
- TABLE 76 Mexico Next-Gen Biometric Authentication Market by Authentication Type, 2020 - 2023, USD Million
- TABLE 77 Mexico Next-Gen Biometric Authentication Market by Authentication Type, 2024 - 2031, USD Million
- TABLE 78 Mexico Next-Gen Biometric Authentication Market by Technology, 2020 - 2023, USD Million
- TABLE 79 Mexico Next-Gen Biometric Authentication Market by Technology, 2024 - 2031, USD Million
- TABLE 80 Mexico Next-Gen Biometric Authentication Market by End User, 2020 - 2023, USD Million
- TABLE 81 Mexico Next-Gen Biometric Authentication Market by End User, 2024 - 2031, USD Million
- TABLE 82 Rest of North America Next-Gen Biometric Authentication Market, 2020 - 2023, USD Million
- TABLE 83 Rest of North America Next-Gen Biometric Authentication Market, 2024 - 2031, USD Million
- TABLE 84 Rest of North America Next-Gen Biometric Authentication Market by Component, 2020 - 2023, USD Million
- TABLE 85 Rest of North America Next-Gen Biometric Authentication Market by Component, 2024 - 2031, USD Million
- TABLE 86 Rest of North America Next-Gen Biometric Authentication Market by Authentication Type, 2020 - 2023, USD Million
- TABLE 87 Rest of North America Next-Gen Biometric Authentication Market by Authentication Type, 2024 - 2031, USD Million
- TABLE 88 Rest of North America Next-Gen Biometric Authentication Market by Technology, 2020 - 2023, USD Million
- TABLE 89 Rest of North America Next-Gen Biometric Authentication Market by Technology, 2024 - 2031, USD Million
- TABLE 90 Rest of North America Next-Gen Biometric Authentication Market by End User, 2020 - 2023, USD Million
- TABLE 91 Rest of North America Next-Gen Biometric Authentication Market by End User, 2024 - 2031, USD Million
- TABLE 92 Key Information - Fujitsu Limited
- TABLE 93 Key Information - Thales Group S.A.
- TABLE 94 Key Information - HID Global Corporation
- TABLE 95 KEY INFORMATION - NEC Corporation
- TABLE 96 Key Information - Aware, Inc.
- TABLE 97 Key Information - Fingerprint Cards AB
- TABLE 98 Key Information - IDEMIA SAS
- TABLE 99 Key Information - M2SYS Technology, Inc.
- TABLE 100 Key Information - CardLogix Corporation
- TABLE 101 Key Information - Touchless Biometric Systems AG
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