Europe Biometric System Market Research Report, 2028

As security concerns grow, biometric applications in the defense and military sectors of European countries are developing to detect criminal activity and improve access control in critical areas. Furthermore, the increasing use of biometric technology to create an incontrovertible audit trail and strengthen accountability against internal risks is fueling market expansion. Aside from that, the expanding digitization of various products and services in several industries, combined with an increase in security breaches, is driving market expansion. Furthermore, the rising demand for touchless biometric solutions in temperature detection and access control systems as a result of the coronavirus disease (COVID-19) outbreak is boosting market growth. Biometric systems have evolved as a cornerstone technology in an increasingly digital society where security and convenience are vital. With its superior technology infrastructure and commitment to privacy, Europe has seen a substantial increase in the deployment of biometric technologies across a variety of industries. The biometric system market in Europe is steadily growing, revolutionizing the way individuals and companies engage with technology by improving security protocols and facilitating ordinary activities. The push for digital transformation has resulted in a growing emphasis on smooth and secure user experiences across industries. Biometric authentication speeds up operations while maintaining data integrity. Europe's severe data protection legislation, particularly the General Data Protection Regulation (GDPR), has influenced biometric system design and implementation to prioritize individual privacy and permission. The ubiquity of smartphones has eased the incorporation of biometric identification methods such as fingerprint and facial recognition into routine operations such as device unlocking and mobile payment authorization. In their design and deployment, European biometric systems address ethical considerations. Biases must be mitigated, fairness must be ensured, and prejudice must be avoided in the creation of biometric algorithms and systems. This is consistent with the EU's aim of ensuring a just and equal digital environment. The interoperability of biometric systems is important to Europe. Initiatives such as the European Biometric Matching System (EBMS) seek to facilitate cross-border law enforcement collaboration by standardizing biometric data exchange while upholding privacy and data protection regulations. According to the research report, “Europe Biometric System Market Research Report, 2028” published by Actual market Research, the market is predicted to add more than USD 12 Billion from 2023 to 2028. Multimodal biometrics, which combines various biometric qualities for increased accuracy and security, are frequently used in European biometric systems. This strategy not only increases identification and authentication accuracy, but it also improves the user experience by giving users more options for authentication methods. European countries engage in biometric technology research and development. As a result, cutting-edge algorithms, sensor technologies, and AI-driven solutions that contribute to the evolution of biometric systems have been developed. One prominent trend is the incorporation of biometric authentication into mobile devices and applications, allowing users to access their devices, make payments, and authorize transactions in a seamless and secure manner. This development is consistent with the growing reliance on cellphones and the broader digital transformation occurring across industries. Furthermore, the confluence of biometrics with artificial intelligence (AI) and machine learning is improving biometric system accuracy and efficiency, allowing them to adapt to changing situations and recognize patterns more effectively. This breakthrough is most visible in facial recognition technology, where AI-driven algorithms can identify people even in difficult situations. The European biometric system market is expected to continue growing in the future as technological breakthroughs pave the way for ever more inventive solutions. The combination of biometrics and blockchain technology is a promising development that has the potential to improve data security and transparency in biometric systems. Furthermore, the ongoing discussion about the ethics, biases, and fairness of biometric algorithms will promote the creation of more egalitarian and inclusive solutions. Overall, the biometric system market in Europe is prepared to continue at the forefront of technical innovation while respecting the region's dedication to privacy and individual rights.

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Based on country market is segmented into Germany, United Kingdom, France, Italy, Spain, and Russia. Among them Germany is the predicted to lead the market of Europe with significant market share. The biometric system business in Germany is at the forefront of technological development, fusing sophisticated security features with a simple user interface. Germany, a nation renowned for its engineering prowess and commitment to precision, has embraced biometric technologies as a vital solution in a range of industries. These technologies use distinctive biological and behavioural identifiers, including fingerprints, facial features, and voice patterns, to redefine authentication, identification, and access control contexts. The German biometric system market is a powerful force ready to transform how individuals and companies use technology, ensuring a future in which ease and security coexist happily. Furthermore United Kingdom is playing crucial role in United Kingdom biometric market. In an era when technology is advancing swiftly, the United Kingdom is leading the way with innovation, integrating identity, convenience, and security into the intricate network of its biometric system sector. The UK's adoption of biometric technology exemplifies its commitment to modernity while upholding the values of privacy and effectiveness that are important to its citizens. Despite having a long history, the UK is a country that is constantly progressing. In the United Kingdom, there is a thriving market for biometric systems, which serve a number of businesses with different goals through the use of biometrics. The use of biometrics is widespread, with governmental agencies enhancing identity verification and border control and banking institutions reimagining transaction security among the many industries that have adopted it. Based on technology market includes, fingerprint recognition, face recognition, hand geometry, voice recognition, iris recognition/ retina recognition, signature recognition, vein recognition, others (keystroke dynamics, gait recognition, earlobe geometry & DNA biometrics). Among them fingerprint technology is expected to dominate the market of Europe. The use of fingerprint technology for authentication offers a safe and non-intrusive solution in a time when privacy and data protection are top priorities. Fingerprint technologies have proven to be incredibly accurate, significantly reducing the danger of illegal access as governments and industries in Europe seek out robust solutions to prevent identity fraud and secure access control. Additionally, the simplicity of integrating fingerprint technology into current infrastructure, whether it is for border control, financial services, or digital gadgets, has solidified it as a flexible and adaptable option. Additionally, the technology has advanced past the constraints of conventional two-dimensional scans thanks to ongoing research and development in fingerprint recognition algorithms. Modern systems now make use of three-dimensional mapping, taking into account minute points, subdermal characteristics, and ridge patterns for an even higher level of precision and security. Applications in extremely sensitive industries, such as healthcare, government, and finance, where accuracy and integrity are non-negotiable, are now possible thanks to this degree of innovation. Based on component market is divided into hardware, software, and services. Hardware component is leading the market of Europe biometric system market. The performance and quality of biometric systems' hardware components have a significant impact on their dependability and accuracy. In order to provide correct identification and authentication, European governments and enterprises seek reliable systems that can efficiently discriminate between people. Biometric systems can extract complex biometric traits like fingerprints, facial landmarks, iris patterns, and more thanks to modern sensors, cameras, scanners, and other hardware components that can collect high-resolution data precisely.

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In terms of functionality, market is segmented into contact-based, contact-less and hybrid. Contact less segment is expected to grow at the fastest rate in Europe. The COVID-19 epidemic has brought hygiene and the spread of germs through physical contact to the forefront of public consciousness. As a result, touchless interactions are becoming more popular in order to lower the danger of infection transmission. Traditional touch-based techniques like fingerprint scanning or keypad entry offer a riskier option to contactless biometric systems like facial recognition, iris scanning, and speech recognition. Access control in office buildings and airports, as well as retail checkout procedures and mobile device unlocking, can all be handled by contactless biometric systems. They are suited for a variety of applications and industries because of their adaptability, which enables businesses to improve security and streamline operations. Based on authentication market is bifurcated into single-factor authentication, and multi-factor authentication Multi-factor authentication is expected to dominate the market of Europe. Technologies utilizing MFA have advanced to offer a seamless user experience. Particularly with regard to biometric factors, frictionless authentication makes it unnecessary to remember lengthy passwords while maintaining high security. This ease of use promotes user acceptance and reduces opposition to security measures. The requirement for reliable and adaptable identification techniques is becoming more and more important as Europe quickens its digital transition across many sectors. In accordance with the continent's technological growth, MFA allows secure access to digital services, remote work, e-commerce, and other online activities. Based on mobility market is segmented into fixed and portable, portable segment is predicted to dominate the market of Europe. Furthermore based on end-user market is bifurcated into banking, financial services and insurance (BFSI), government, military & defense, consumer electronics, healthcare, commercial safety and security, transport/visa/logistics, automotive, and others (education, retail & E-commerce, hospitality, industrial and manufacturing, prisons and correctional facilities, non-profit organizations, etc.)

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Across Europe, there is a growing trend toward the use of portable mobility in biometric systems, which is being fueled by a number of reasons that are changing the nature of identity verification and authentication. The modern lifestyle, which is defined by mobility and flexibility, is one of the main motivators. With a greater focus on mobile interactions, digital services, and remote work, people need authentication solutions that can easily fit into their changing habits. Incorporating portable biometric systems into smartphones, tablets, and wearable technology allows for safe identification verification on-the-go, which is ideal for the connected and fast-paced European society. Governments are the major end-users of biometric system in Europe. Effective management of immigration procedures and border security depend on biometric technology. The Schengen Agreement's integrated borders among European nations necessitate accurate and effective identification verification procedures to stop illegal immigration, human trafficking, and other security issues. Verifying the identity of tourists and migrants requires the use of biometric technologies like fingerprint, facial recognition, and iris scanning. For citizen services like voting, accessing social welfare programs, getting official documents, and engaging in legal transactions, governments need precise identification and authentication procedures. Biometric technologies provide a safe and trustworthy technique to confirm people's identities, lowering the danger of identity fraud and guaranteeing that only qualified people have access to public services. The digitization of public services is a major trend in Europe, and biometric systems play a critical role in enabling secure access to these services. Whether it's filing taxes, applying for permits, or accessing healthcare records online, biometric authentication enhances the security of these interactions, preventing unauthorized access and safeguarding sensitive information. Recent Developments: • On February 8, 2023, Idemia announced that it had won a contract to provide its MorphoWave fingerprint technology to the French government for use in its new national ID card program. The MorphoWave technology is a high-speed, contactless fingerprint reader that is said to be more accurate and secure than traditional fingerprint scanners. • March 8, 2023, Precise Biometrics announced that it had received CE marking for its new PalmSecure vein authentication technology. CE marking is a certification that indicates that a product meets certain safety and performance standards in the European Union. The PalmSecure technology is a contactless vein authentication system that is said to be more secure and private than fingerprint or facial recognition systems. • April, 2023, Thales announced that it had won a contract to provide its Face ID biometric technology to the Dutch government for use in its new passport program. The Face ID technology is a facial recognition system that is said to be more accurate and secure than traditional facial recognition systems. Key Players Insights: M2SYS Technology, Assa Abloy AB, Amano Corporation, BioID, BIO-key International, Cognitec Systems GmbH, Daon, Inc. Ant Group CO., Ltd., Fujitsu Limited, Suprema Inc., Fingerprint Cards AB, Thales Group, Idemia, Idex Biometrics ASA and NEC Corporation. Considered in this report: • Geography: Europe • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • Europe Biometric System with its value and forecast along with its segments • Country-wise Biometric System market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report: • Germany • United Kingdom • France • Italy • Spain • Russia By Technology: • Fingerprint Recognition • Face Recognition • Hand Geometry • Voice Recognition • Iris recognition/ Retina Recognition • Signature Recognition • Vein Recognition • Others (Keystroke Dynamics, Gait Recognition, Earlobe Geometry & DNA Biometrics) By Component: • Hardware • Software • Services By Functionality: • Contact-Based • Contact-less • Hybrid By Authentication Type: • Single-Factor Authentication • Multi-Factor Authentication By Mobility: • Fixed • Portable By End-User: • Banking, Financial Services and Insurance (BFSI) • Government • Military & Defense • Consumer Electronics • Healthcare • Commercial Safety and Security • Transport/Visa/Logistics • Automotive • Others (education, retail & E-commerce, hospitality, industrial and manufacturing, prisons and correctional facilities, non-profit organizations, etc.) The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the Biometric System industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.