Good genes: Stronger corporate investment and government demand will fuel growth

The Biometrics Scan Software industry comprises companies that develop software for biometric technologies such as fingerprint, iris, retina and face-recognition identification systems. The industry has recorded significant expansion over the past five years, despite fluctuations in federal funding for homeland security, which industry revenue is closely linked to. Over the next five years, stronger investment from private enterprises in sectors such as healthcare, construction, finance and consumer electronics is projected to accelerate demand for industry products and help continue to boost revenue...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22
Market Share of Companies

Industry Threats & Opportunities

  • The industry’s reliance on government agencies has supported significant revenue growth
  • Biometric scan software is increasingly used in national ID programs
  • Opportunities exist in private markets such as construction and consumer electronics
  • Industry Report - Industry SWOT Analysis Chapter

    The Biometrics Scan Software industry is in the growth stage of its economic life cycle, characterized by strong revenue growth, a growing number of products and services with increasingly diverse applications and new markets, growing consumer acceptance and high technological change. Over the past five years, the industry has experienced turbulent conditions due to growth in private investment and erratic up- and downswings in funding from the federal government. Nonetheless, the widespread and growing applications of biometric scan software ensures growth throughout the industry.Industry value added (IVA), used to measure an industry's contribution to the overall economy, is projected to grow at an annualized rate of 7.5% over the 10 years to 2022. Thi...purchase to read more.

    Additional Insights for the Biometrics Scan Software Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Biometrics Scan Software Industry are

  • Ability to quickly adopt new technology
  • Access to highly skilled workforce
  • Undertaking technical research and development
  • IBISWorld analysts also discuss how external factors such as Private investment in computers and software and Federal funding for homeland security in the Biometrics Scan Software industry impact industry performance..

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    What's in this report

    What is the Biometrics Scan Software Industry?

    Companies in this industry develop software for biometric technologies specifically related to automated fingerprint identification systems (AFIS), non-AFIS finger scanners, hand geometry readers, iris and retinal scanners and facial recognition systems.

    Industry Products
  • Fingerprint recognition software
  • Facial recognition software
  • Retinal and iris recognition software
  • Other biometrics scan software
  • Industry Activities
  • Fingerprint recognition software development
  • Facial recognition software development
  • Retinal and iris recognition software development
  • Other biometric scan software development
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Private investment in computers and software
  • Federal funding for homeland security
  • Number of mobile internet connections
  • Prime rate

  • Current Performance
  • Government spending fluctuations
  • Biometric security emphasis
  • Private investment and mobile technology
  • Chart: Revenue Growth

  • Industry Outlook
  • Digital evolution continues
  • Government investment drives growth
  • International developments
  • Table: Biometrics Scan Software Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Biometrics Scan Software Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Computer Manufacturing
  • Communication Equipment Manufacturing
  • Medical Device Manufacturing
  • Electrical Equipment Manufacturing
  • Security Services

  • Key Selling Industries
  • Computer Manufacturing
  • Data Processing & Hosting Services
  • Intellectual Property Licensing
  • Operating Systems & Productivity Software Publishing

  • Products & Services
  • Fingerprint recognition software
  • Retinal and iris recognition software
  • Other biometrics scan software
  • Facial recognition software
  • Chart: Biometrics Scan Software Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Private Sector
  • Public Sector
  • Chart: Major Market Segmentation for the Biometrics Scan Software Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases and depreciation
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Biometrics Scan Software

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Biometrics Scan Software Industry

  • Industry Globalization
    Gemalto, Safran Group,
  • Table: Gemalto - financial performance
  • Table: Safran Group - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Biometrics Scan Software Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Biometrics Scan Software Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Private investment in computers and software (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Iris Scan
  • Refers to the scan of the thin, circular structure in the eye that determines diameter and size of the pupil.
  • Minutiae
  • The fine features and ridges of fingerprints that allow are unique from individual to individual.
  • Retina Scan
  • Refers to the scan of the layer of tissue that lines the inner surface of the eye.
  • Transportation Worker Identification Credentials
  • Tamper-resistant biometric credentials that are issued to all US Coast Guard merchant mariners for identification.
  • What Our Customers Say

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    This report on Biometrics Scan Software:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Biometrics Scan Software market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Biometrics Scan Software, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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