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With the increasing level of competition day by day, consumer experience management has emerged as a key differentiator between competing organizations in the retail industry. The use of Biometric identification systems has ushered an era of prompt customized service, helping the customer to reap the benefits of technology and the organization to improve their bottom-line. Moreover, biometric access control system can also be used by retail industry to cuts cost and improve efficiencies. The banking industry has already taken a big step in this direction by incorporating biometric technology in their IVR systems. This technology uses biometric voice identification to identify a customer. Once identification is done the customer detail like name, age, and other personal and banking details are pulled from the centralized database dispensing with the need to query the customer on their personal details. Besides improving the customer experience, based biometric IVR system increases the efficiency of the entire system by reducing the average handling time for each customer leading to lower operation costs and better bottom-line.
Scope of the Report:
This report studies the Biometrics in Retail market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Biometrics in Retail market by product type and applications/end industries.
The increased instances of forgery and product thefts in the retail sector have increased the need for high-level security systems during the forecast period. Since the process of authentication in biometric systems is based on biological characteristics, such as fingerprint, facial, hand geometry, and vein patterns, their augmented implementation by organizations is envisaged to result in market growth during the predicted period. The advent of contactless biometrics is the key driver for the growth of this market. Recently, it has been observed that many organizations are reluctant to adopt contact biometric solutions owing to increased instances of communicable diseases like Ebola and swine influenza. This reluctance has forced vendors to develop equipment like contactless fingerprint scanners that are suitable for organizations, which are specific about their hygiene standards.North America dominated the market share during 2017. The presence of many global restaurant chains and supermarkets in this region are envisaged to bolster growth in this geography during the estimated period.
The global Biometrics in Retail market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Biometrics in Retail.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Crossmatch Technologies
Honeywell Security
M2SYS Technology
NEC
Safran
Suprema
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Fingerprint Identification
Facial Recognition
Hand Geometry
Vein Recognition
Market Segment by Applications, can be divided into
Online Retail
Offline Retail
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Biometrics in Retail Market Overview
1.1 Product Overview and Scope of Biometrics in Retail
1.2 Classification of Biometrics in Retail by Types
1.2.1 Global Biometrics in Retail Revenue Comparison by Types (2017-2023)
1.2.2 Global Biometrics in Retail Revenue Market Share by Types in 2017
1.2.3 Fingerprint Identification
1.2.4 Facial Recognition
1.2.5 Hand Geometry
1.2.6 Vein Recognition
1.3 Global Biometrics in Retail Market by Application
1.3.1 Global Biometrics in Retail Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Online Retail
1.3.3 Offline Retail
1.4 Global Biometrics in Retail Market by Regions
1.4.1 Global Biometrics in Retail Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Biometrics in Retail Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Biometrics in Retail Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Biometrics in Retail Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Biometrics in Retail Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Biometrics in Retail Status and Prospect (2013-2023)
1.5 Global Market Size of Biometrics in Retail (2013-2023)
2 Manufacturers Profiles
2.1 Crossmatch Technologies
2.1.1 Business Overview
2.1.2 Biometrics in Retail Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Crossmatch Technologies Biometrics in Retail Revenue, Gross Margin and Market Share (2016-2017)
2.2 Honeywell Security
2.2.1 Business Overview
2.2.2 Biometrics in Retail Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Honeywell Security Biometrics in Retail Revenue, Gross Margin and Market Share (2016-2017)
2.3 M2SYS Technology
2.3.1 Business Overview
2.3.2 Biometrics in Retail Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 M2SYS Technology Biometrics in Retail Revenue, Gross Margin and Market Share (2016-2017)
2.4 NEC
2.4.1 Business Overview
2.4.2 Biometrics in Retail Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 NEC Biometrics in Retail Revenue, Gross Margin and Market Share (2016-2017)
2.5 Safran
2.5.1 Business Overview
2.5.2 Biometrics in Retail Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Safran Biometrics in Retail Revenue, Gross Margin and Market Share (2016-2017)
2.6 Suprema
2.6.1 Business Overview
2.6.2 Biometrics in Retail Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Suprema Biometrics in Retail Revenue, Gross Margin and Market Share (2016-2017)
3 Global Biometrics in Retail Market Competition, by Players
3.1 Global Biometrics in Retail Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Biometrics in Retail Players Market Share
3.2.2 Top 10 Biometrics in Retail Players Market Share
3.3 Market Competition Trend
4 Global Biometrics in Retail Market Size by Regions
4.1 Global Biometrics in Retail Revenue and Market Share by Regions
4.2 North America Biometrics in Retail Revenue and Growth Rate (2013-2018)
4.3 Europe Biometrics in Retail Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Biometrics in Retail Revenue and Growth Rate (2013-2018)
4.5 South America Biometrics in Retail Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Biometrics in Retail Revenue and Growth Rate (2013-2018)
5 North America Biometrics in Retail Revenue by Countries
5.1 North America Biometrics in Retail Revenue by Countries (2013-2018)
5.2 USA Biometrics in Retail Revenue and Growth Rate (2013-2018)
5.3 Canada Biometrics in Retail Revenue and Growth Rate (2013-2018)
5.4 Mexico Biometrics in Retail Revenue and Growth Rate (2013-2018)
6 Europe Biometrics in Retail Revenue by Countries
6.1 Europe Biometrics in Retail Revenue by Countries (2013-2018)
6.2 Germany Biometrics in Retail Revenue and Growth Rate (2013-2018)
6.3 UK Biometrics in Retail Revenue and Growth Rate (2013-2018)
6.4 France Biometrics in Retail Revenue and Growth Rate (2013-2018)
6.5 Russia Biometrics in Retail Revenue and Growth Rate (2013-2018)
6.6 Italy Biometrics in Retail Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Biometrics in Retail Revenue by Countries
7.1 Asia-Pacific Biometrics in Retail Revenue by Countries (2013-2018)
7.2 China Biometrics in Retail Revenue and Growth Rate (2013-2018)
7.3 Japan Biometrics in Retail Revenue and Growth Rate (2013-2018)
7.4 Korea Biometrics in Retail Revenue and Growth Rate (2013-2018)
7.5 India Biometrics in Retail Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Biometrics in Retail Revenue and Growth Rate (2013-2018)
8 South America Biometrics in Retail Revenue by Countries
8.1 South America Biometrics in Retail Revenue by Countries (2013-2018)
8.2 Brazil Biometrics in Retail Revenue and Growth Rate (2013-2018)
8.3 Argentina Biometrics in Retail Revenue and Growth Rate (2013-2018)
8.4 Colombia Biometrics in Retail Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Biometrics in Retail by Countries
9.1 Middle East and Africa Biometrics in Retail Revenue by Countries (2013-2018)
9.2 Saudi Arabia Biometrics in Retail Revenue and Growth Rate (2013-2018)
9.3 UAE Biometrics in Retail Revenue and Growth Rate (2013-2018)
9.4 Egypt Biometrics in Retail Revenue and Growth Rate (2013-2018)
9.5 Nigeria Biometrics in Retail Revenue and Growth Rate (2013-2018)
9.6 South Africa Biometrics in Retail Revenue and Growth Rate (2013-2018)
10 Global Biometrics in Retail Market Segment by Type
10.1 Global Biometrics in Retail Revenue and Market Share by Type (2013-2018)
10.2 Global Biometrics in Retail Market Forecast by Type (2018-2023)
10.3 Fingerprint Identification Revenue Growth Rate (2013-2023)
10.4 Facial Recognition Revenue Growth Rate (2013-2023)
10.5 Hand Geometry Revenue Growth Rate (2013-2023)
10.6 Vein Recognition Revenue Growth Rate (2013-2023)
11 Global Biometrics in Retail Market Segment by Application
11.1 Global Biometrics in Retail Revenue Market Share by Application (2013-2018)
11.2 Biometrics in Retail Market Forecast by Application (2018-2023)
11.3 Online Retail Revenue Growth (2013-2018)
11.4 Offline Retail Revenue Growth (2013-2018)
12 Global Biometrics in Retail Market Size Forecast (2018-2023)
12.1 Global Biometrics in Retail Market Size Forecast (2018-2023)
12.2 Global Biometrics in Retail Market Forecast by Regions (2018-2023)
12.3 North America Biometrics in Retail Revenue Market Forecast (2018-2023)
12.4 Europe Biometrics in Retail Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Biometrics in Retail Revenue Market Forecast (2018-2023)
12.6 South America Biometrics in Retail Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Biometrics in Retail Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Biometrics in Retail Picture
Table Product Specifications of Biometrics in Retail
Table Global Biometrics in Retail and Revenue (Million USD) Market Split by Product
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