Global Airport Biometrics Market Size, Share by Component (Hardware, Software), Technology (Physical characteristics (Face, Iris, Fingerprint, Hand Geometry, & Others), Behavioral characteristics (Signature, Voice, Middleware, & Others), & Region- Forecast till 2023

Pune, India - July 16, 2019 /MarketersMedia/ —

Market Overview:

The global airport biometrics market is expected to be driven by various major factors. The rising concerns related to external and internal security is slated to be one of the major influencing factors for the global market. Additionally, advancements in technologies like multimodal biometric technology will widen the growth opportunities for the global airport biometrics market over the forecast period. However, the high cost of installation linked with these biometrics can be a major limitation.

The global airport biometrics market was analyzed by Market Research Future (MRFR) and it was projected that a notable CAGR of 12% will be attained by the market over the forecast period of 2018 to 2023.

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Biometric technologies provide the advantage of having mostly unchangeable characteristics. These are much more reliable compared to other methods of authorization like magnet stripe cards and PIN codes. Furthermore, the characteristics of biometrics can neither be stolen nor can it be transferred. Owing to these key factors airports around the world are integrating the technology and replacing the same with older and time consuming processes.

Market Segmentation:

The global airport biometrics market has been segmented in terms of technology and components.

By technology, the market includes behavioral characteristics and physical characteristics. The Physical characteristics segment breaks down into Hand Geometry, Face, Iris, Fingerprint, and others. The behavioral characteristics include Voice, Signature, Middleware, and others. Under the physical characteristics sub-segment, the fingerprint reader segment holds the highest share in the global market.

By component, the market segments into hardware and software. The hardware segment is narrowed down into thermal sensors, capacitive sensors, ultrasound sensors, optical sensors, and electric sensors. The optical sensors sub-segment spearheads the hardware component of the global airport biometrics market with the highest share.

Regional Analysis:

The global airport biometrics market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, Middle East & Africa, and South America.

North America and Europe are the leading regional players in the global airport biometrics market. Both the regions have made airport security a major focus by employing stringent policies. Governments in these regions are increasingly expending in new research and development activities and advancing the technology to enhance the security level of their airports. The demand for airport biometrics is also increasing herein due to the rising number of terrorist activities. The technology acts as a major measure to tackle terrorist attacks.

Competitive Landscape:

The global airport biometrics market comprises a host of key players. This includes names like Key International, Inc. (U.S.), Aware, Inc. (U.S.), Safran Secunet Security Networks AG (Germany), (France), NEC Corporation (Japan), Fujitsu (Japan), Cognitec Systems GmbH (Germany), Thales Group (France), Crossmatch (U.S.), Fulcrum Biometrics, LLC, (U.S.), 3M Cogent, Inc. (U.S.), Bio- Precise Biometrics AB (Sweden), Daon (U.S.), and others.

Industry Buzz:

July 2019, the Dallas Fort Worth International Airport of Texas has started to use biometric boarding for its daily flight to the Dubai International Airport of UAE. This new system will enable travelers to enroll for biometric screening at the gate. The screening will be done with the help of a tablet to match the customer’s face with their passport. A clearance will be obtained from the CBP Traveler Verification Service subsequently. The traveler can then board the plane without needing to present the boarding pass.

July 2019, NEC Corporation attained an order from the Japan Customs to install facial recognition systems at a total of 6 airports across the nation in order to perform biometric custom checks. The system is said to leverage the NeoFace AI engine of NEC.

June 2019, the deployment of airport biometrics continue to move at a rapid pace with both Poland and South Korea deploying the technology. In South Korea, the passengers at the airport will be able to use palm vein biometrics for an authentication process during boarding checks starting early next year.

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Source URL: https://marketersmedia.com/airport-biometrics-market-dynamics-overview-trends-segmentation-key-players-application-and-forecast-to-2023/88897129

Source: MarketersMedia

Release ID: 88897129