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Europe Retail Biometrics Market Size, Share & Trends Analysis Report By Deployment Mode, By Type, By Component, By Application, By Retail Type, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 162 Pages
  • October 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6025660
Description Jump to:
The Europe Retail Biometrics Market is expected to witness market growth of 31.3% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Retail Biometrics Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.68 billion by 2031. The UK market is exhibiting a CAGR of 30.2% during 2024-2031. Additionally, the France market would experience a CAGR of 32.4% during 2024-2031.



Biometric technology enables retailers to gather data on customer behaviour and engagement within the store. Retailers can optimize store layouts, product placements, and marketing strategies by analyzing facial expressions, demographics, and dwell times in different areas.

Moreover, biometrics helps retailers combat various forms of fraud, including identity theft and return fraud. By implementing biometric authentication at returns or exchanges, retailers can ensure that the person returning a product is the original purchaser, thereby reducing losses.

The rise of digitalization in enterprises across Europe is significantly reshaping various industries, including retail. As businesses increasingly adopt digital technologies to enhance operations, streamline processes, and improve customer experiences, the demand for innovative solutions like retail biometrics is rising. Biometrics, which includes technologies such as fingerprint recognition, facial recognition, and iris scanning, offers enhanced security and personalization for retail operations. With Europe aiming for a more digitally intensive economy, the growth of the retail biometrics market is poised to benefit from this transformation.

List of Key Companies Profiled

  • Cognitec Systems GmbH (Salto Systems, S.L.)
  • IDEMIA SAS (Advent International, Inc.)
  • NEC Corporation
  • Fujitsu Limited
  • Thales Group S.A.
  • BIO-key International, Inc.
  • Anviz Global Inc.
  • HID Global Corporation (Assa Abloy AB)
  • M2SYS Technology, Inc.
  • Fingerprint Cards AB

Market Report Segmentation

By Deployment Mode

  • On-Premises
  • Cloud-Based

By Type

  • Fingerprint Recognition
  • Facial Recognition
  • Iris Recognition
  • Voice Recognition
  • Vein Recognition & Others

By Component

  • Hardware
  • Software
  • Services

By Application

  • Payment Authentication
  • Customer Identification & Loyalty Programs
  • Access Control & Security
  • Fraud Detection & Prevention
  • Workforce Management
  • Others

By Retail Type

  • Supermarkets & Hypermarkets
  • Specialty Stores
  • E-Commerce Platforms
  • Department Stores
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Retail Biometrics Market, by Deployment Mode
1.4.2 Europe Retail Biometrics Market, by Type
1.4.3 Europe Retail Biometrics Market, by Component
1.4.4 Europe Retail Biometrics Market, by Application
1.4.5 Europe Retail Biometrics Market, by Retail Type
1.4.6 Europe Retail Biometrics Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Retail Biometrics Market.
4.3 Porter Five Forces Analysis
Chapter 5. Europe Retail Biometrics Market by Deployment Mode
5.1 Europe On-Premises Market by Country
5.2 Europe Cloud-Based Market by Country
Chapter 6. Europe Retail Biometrics Market by Type
6.1 Europe Fingerprint Recognition Market by Country
6.2 Europe Facial Recognition Market by Country
6.3 Europe Iris Recognition Market by Country
6.4 Europe Voice Recognition Market by Country
6.5 Europe Vein Recognition & Others Market by Country
Chapter 7. Europe Retail Biometrics Market by Component
7.1 Europe Hardware Market by Country
7.2 Europe Software Market by Country
7.3 Europe Services Market by Country
Chapter 8. Europe Retail Biometrics Market by Application
8.1 Europe Payment Authentication Market by Country
8.2 Europe Customer Identification & Loyalty Programs Market by Country
8.3 Europe Access Control & Security Market by Country
8.4 Europe Fraud Detection & Prevention Market by Country
8.5 Europe Workforce Management Market by Country
8.6 Europe Others Market by Country
Chapter 9. Europe Retail Biometrics Market by Retail Type
9.1 Europe Supermarkets & Hypermarkets Market by Country
9.2 Europe Specialty Stores Market by Country
9.3 Europe E-Commerce Platforms Market by Country
9.4 Europe Department Stores Market by Country
9.5 Europe Others Market by Country
Chapter 10. Europe Retail Biometrics Market by Country
10.1 Germany Retail Biometrics Market
10.1.1 Germany Retail Biometrics Market by Deployment Mode
10.1.2 Germany Retail Biometrics Market by Type
10.1.3 Germany Retail Biometrics Market by Component
10.1.4 Germany Retail Biometrics Market by Application
10.1.5 Germany Retail Biometrics Market by Retail Type
10.2 UK Retail Biometrics Market
10.2.1 UK Retail Biometrics Market by Deployment Mode
10.2.2 UK Retail Biometrics Market by Type
10.2.3 UK Retail Biometrics Market by Component
10.2.4 UK Retail Biometrics Market by Application
10.2.5 UK Retail Biometrics Market by Retail Type
10.3 France Retail Biometrics Market
10.3.1 France Retail Biometrics Market by Deployment Mode
10.3.2 France Retail Biometrics Market by Type
10.3.3 France Retail Biometrics Market by Component
10.3.4 France Retail Biometrics Market by Application
10.3.5 France Retail Biometrics Market by Retail Type
10.4 Russia Retail Biometrics Market
10.4.1 Russia Retail Biometrics Market by Deployment Mode
10.4.2 Russia Retail Biometrics Market by Type
10.4.3 Russia Retail Biometrics Market by Component
10.4.4 Russia Retail Biometrics Market by Application
10.4.5 Russia Retail Biometrics Market by Retail Type
10.5 Spain Retail Biometrics Market
10.5.1 Spain Retail Biometrics Market by Deployment Mode
10.5.2 Spain Retail Biometrics Market by Type
10.5.3 Spain Retail Biometrics Market by Component
10.5.4 Spain Retail Biometrics Market by Application
10.5.5 Spain Retail Biometrics Market by Retail Type
10.6 Italy Retail Biometrics Market
10.6.1 Italy Retail Biometrics Market by Deployment Mode
10.6.2 Italy Retail Biometrics Market by Type
10.6.3 Italy Retail Biometrics Market by Component
10.6.4 Italy Retail Biometrics Market by Application
10.6.5 Italy Retail Biometrics Market by Retail Type
10.7 Rest of Europe Retail Biometrics Market
10.7.1 Rest of Europe Retail Biometrics Market by Deployment Mode
10.7.2 Rest of Europe Retail Biometrics Market by Type
10.7.3 Rest of Europe Retail Biometrics Market by Component
10.7.4 Rest of Europe Retail Biometrics Market by Application
10.7.5 Rest of Europe Retail Biometrics Market by Retail Type
Chapter 11. Company Profiles
11.1 Cognitec Systems GmbH (Salto Systems, S.L.)
11.1.1 Company Overview
11.1.2 SWOT Analysis
11.2 IDEMIA SAS (Advent International, Inc.)
11.2.1 Company Overview
11.2.2 Recent strategies and developments:
11.2.2.1 Partnerships, Collaborations, and Agreements:
11.2.2.2 Product Launches and Product Expansions:
11.2.3 SWOT Analysis
11.3 NEC Corporation
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expenses
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.5.2 Product Launches and Product Expansions:
11.3.6 SWOT Analysis
11.4 Fujitsu Limited
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.5.2 Product Launches and Product Expansions:
11.4.5.3 Acquisition and Mergers:
11.4.6 SWOT Analysis
11.5 Thales Group S.A.
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expenses
11.5.5 SWOT Analysis
11.6 BIO-key International, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Research & Development Expenses
11.6.4 SWOT Analysis
11.7 Anviz Global Inc.
11.7.1 Company Overview
11.7.2 SWOT Analysis
11.8 HID Global Corporation (Assa Abloy AB)
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental Analysis
11.8.4 Research & Development Expenses
11.8.5 SWOT Analysis
11.9 M2SYS Technology, Inc.
11.9.1 Company Overview
11.9.2 SWOT Analysis
11.10. Fingerprint Cards AB
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 SWOT Analysis

Companies Mentioned

  • Cognitec Systems GmbH (Salto Systems, S.L.)
  • IDEMIA SAS (Advent International, Inc.)
  • NEC Corporation
  • Fujitsu Limited
  • Thales Group S.A.
  • BIO-key International, Inc.
  • Anviz Global Inc.
  • HID Global Corporation (Assa Abloy AB)
  • M2SYS Technology, Inc.
  • Fingerprint Cards AB

Methodology

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