About Military Biometrics
Military Biometrics refers to the statistical analysis and measurement of an individual’s unique behavioral and physical characteristics. Adoption of biometry systems has grown up exponentially over the previous few years. Military agencies are increasingly using biometrics systems in a variety of applications including identification, personalized experiences or surveillance. Adoption of biometrics systems has grown exponentially over the last few years. Biometrics have been proved to be a faster, more efficient, and secure method as compared to traditional identification practices like ID cards, access cards, PINs and password.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.0% |
The global military biometrics market is highly competitive and to gain a competitive edge over their peers, vendors are focusing on global footprint network, product offerings, investment in R&D, and expanding their client base. Vendors in the market, both global and regional, compete in terms of cost, quality, reliability, and other services. Factors such as global economic recovery and rising investments in R&D have generated massive growth opportunities for the market players. Moreover, the growing adoption of biometric solutions in the military sector, especially during field operations, has prompted leading players like M2SYS and Safran to introduce portable and rugged biometric readers. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Military Biometrics market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M Cogent Inc. (United States), Cross Match Technologies (United States), M2SYS Technology (United States), NEC Corporation (Japan), Safran SA (France), Aware, Inc. (United States), BIO-Key International, Inc. (United States), Fulcrum Biometrics (United States) and HID Global Corporation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Military Biometrics market by Type (Fingerprint Recognition, Facial Recognition, Iris Recognition and Other), Application (Military and Civil) and Region.
On the basis of geography, the market of Military Biometrics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Authentication, the sub-segment i.e. Single-factor authentication will boost the Military Biometrics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Purpose, the sub-segment i.e. Detecting Purpose will boost the Military Biometrics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Structure, the sub-segment i.e. Fixed will boost the Military Biometrics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Military Biometrics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Devices with biometric identification capabilities such as heart rate sensor and blood pressure monitors are witnessing increasing uptake among consumers
Market Growth Drivers:
Ever-growing threat of terrorism and entry of illegal migrants in various countries and Growing concerns regarding security breaches
Challenges:
Possibility of system breach leading to data or information loss
Restraints:
Installation of biometric authentication systems is complex and Requires skilled personnel to get the task done
Opportunities:
Provide smart surveillance capabilities and Enable easy and convenient customer verification and access control features
Market Leaders and their expansionary development strategies
In December 2023, Cognitec Systems GmbH, a German facial recognition software company, acquired 51% of IrisGuard, a US-based iris recognition technology provider. This partnership strengthens Cognitec's position in the iris recognition market for potential military applications.
In September 2023, NEC Corporation unveiled its "Bio-Analyzer," an AI-powered facial recognition system with improved accuracy and speed, suited for military surveillance and identification tasks.
Key Target Audience
Military Biometrics Manufacturers, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Military Biometrics Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.