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North America Retail Biometrics Market Size, Share & Trends Analysis Report By Deployment Mode (On-Premises and Cloud-Based), By Type, By Component, By Application, By Retail Type, By Country and Growth Forecast, 2024 - 2031

Published Date : 08-Nov-2024

Pages: 146

Formats: PDF

The North America Retail Biometrics Market would witness market growth of 31.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Retail Biometrics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9,414.2 million by 2031. Canada market is experiencing a CAGR of 33.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 32.7% during (2024 - 2031).

North America Retail Biometrics Market

Biometric technology encompasses various methods of identifying and authenticating individuals based on unique physical or behavioural traits. Retailers use biometric systems to verify customer identities during transactions, ensuring secure payment processing and reducing instances of fraud. For example, facial recognition systems can authenticate customers at checkout, while fingerprint scanners can be integrated into point-of-sale (POS) systems for secure access.

In addition, biometric technologies are employed for secure access to restricted areas within retail environments, such as stockrooms and management offices. Retailers can enhance security by allowing only authorized personnel to access sensitive information and assets, thus reducing the risk of theft and unauthorized access.

The retail industry in Mexico is witnessing substantial growth, with the International Trade Administration (ITA) estimating its revenue at approximately USD 76 billion in 2023. This growth trajectory is underpinned by various factors that enhance consumer shopping experiences and create significant opportunities for technological advancements, particularly in the retail biometrics market. The rise in retail revenues reflects a shift in consumer behaviour towards convenience and security, which drives the adoption of biometric technologies.

Free Valuable Insights: The Retail Biometrics Market is Predict to reach USD 40.0 Billion by 2031, at a CAGR of 31.7%

Based on Deployment Mode, the market is segmented into On-Premises and Cloud-Based. Based on Type, the market is segmented into Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition, and Vein Recognition & Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Payment Authentication, Customer Identification & Loyalty Programs, Access Control & Security, Fraud Detection & Prevention, Workforce Management, and Others. Based on Retail Type, the market is segmented into Supermarkets & Hypermarkets, Specialty Stores, E-Commerce Platforms, Department Stores, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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

North America Retail Biometrics 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

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Retail Biometrics Market, by Deployment Mode
1.4.2 North America Retail Biometrics Market, by Type
1.4.3 North America Retail Biometrics Market, by Component
1.4.4 North America Retail Biometrics Market, by Application
1.4.5 North America Retail Biometrics Market, by Retail Type
1.4.6 North America 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. North America Retail Biometrics Market by Deployment Mode
5.1 North America On-Premises Market by Region
5.2 North America Cloud-Based Market by Region

Chapter 6. North America Retail Biometrics Market by Type
6.1 North America Fingerprint Recognition Market by Country
6.2 North America Facial Recognition Market by Country
6.3 North America Iris Recognition Market by Country
6.4 North America Voice Recognition Market by Country
6.5 North America Vein Recognition & Others Market by Country

Chapter 7. North America Retail Biometrics Market by Component
7.1 North America Hardware Market by Country
7.2 North America Software Market by Country
7.3 North America Services Market by Country

Chapter 8. North America Retail Biometrics Market by Application
8.1 North America Payment Authentication Market by Country
8.2 North America Customer Identification & Loyalty Programs Market by Country
8.3 North America Access Control & Security Market by Country
8.4 North America Fraud Detection & Prevention Market by Country
8.5 North America Workforce Management Market by Country
8.6 North America Others Market by Country

Chapter 9. North America Retail Biometrics Market by Retail Type
9.1 North America Supermarkets & Hypermarkets Market by Country
9.2 North America Specialty Stores Market by Country
9.3 North America E-Commerce Platforms Market by Country
9.4 North America Department Stores Market by Country
9.5 North America Others Market by Country

Chapter 10. North America Retail Biometrics Market by Country
10.1 US Retail Biometrics Market
10.1.1 US Retail Biometrics Market by Deployment Mode
10.1.2 US Retail Biometrics Market by Type
10.1.3 US Retail Biometrics Market by Component
10.1.4 US Retail Biometrics Market by Application
10.1.5 US Retail Biometrics Market by Retail Type
10.2 Canada Retail Biometrics Market
10.2.1 Canada Retail Biometrics Market by Deployment Mode
10.2.2 Canada Retail Biometrics Market by Type
10.2.3 Canada Retail Biometrics Market by Component
10.2.4 Canada Retail Biometrics Market by Application
10.2.5 Canada Retail Biometrics Market by Retail Type
10.3 Mexico Retail Biometrics Market
10.3.1 Mexico Retail Biometrics Market by Deployment Mode
10.3.2 Mexico Retail Biometrics Market by Type
10.3.3 Mexico Retail Biometrics Market by Component
10.3.4 Mexico Retail Biometrics Market by Application
10.3.5 Mexico Retail Biometrics Market by Retail Type
10.4 Rest of North America Retail Biometrics Market
10.4.1 Rest of North America Retail Biometrics Market by Deployment Mode
10.4.2 Rest of North America Retail Biometrics Market by Type
10.4.3 Rest of North America Retail Biometrics Market by Component
10.4.4 Rest of North America Retail Biometrics Market by Application
10.4.5 Rest of North America 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
TABLE 1 North America Retail Biometrics Market, 2020 - 2023, USD Million
TABLE 2 North America Retail Biometrics Market, 2024 - 2031, USD Million
TABLE 3 North America Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 4 North America Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 5 North America On-Premises Market by Region, 2020 - 2023, USD Million
TABLE 6 North America On-Premises Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Cloud-Based Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Cloud-Based Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Retail Biometrics Market by Type, 2020 - 2023, USD Million
TABLE 10 North America Retail Biometrics Market by Type, 2024 - 2031, USD Million
TABLE 11 North America Fingerprint Recognition Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Fingerprint Recognition Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Facial Recognition Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Facial Recognition Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Iris Recognition Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Iris Recognition Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Voice Recognition Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Voice Recognition Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Vein Recognition & Others Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Vein Recognition & Others Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Retail Biometrics Market by Component, 2020 - 2023, USD Million
TABLE 22 North America Retail Biometrics Market by Component, 2024 - 2031, USD Million
TABLE 23 North America Hardware Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Hardware Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Services Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Services Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Retail Biometrics Market by Application, 2020 - 2023, USD Million
TABLE 30 North America Retail Biometrics Market by Application, 2024 - 2031, USD Million
TABLE 31 North America Payment Authentication Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Payment Authentication Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Customer Identification & Loyalty Programs Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Customer Identification & Loyalty Programs Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Access Control & Security Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Access Control & Security Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Fraud Detection & Prevention Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Fraud Detection & Prevention Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Workforce Management Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Workforce Management Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
TABLE 44 North America Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
TABLE 45 North America Supermarkets & Hypermarkets Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Supermarkets & Hypermarkets Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Specialty Stores Market by Country, 2020 - 2023, USD Million
TABLE 48 North America Specialty Stores Market by Country, 2024 - 2031, USD Million
TABLE 49 North America E-Commerce Platforms Market by Country, 2020 - 2023, USD Million
TABLE 50 North America E-Commerce Platforms Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Department Stores Market by Country, 2020 - 2023, USD Million
TABLE 52 North America Department Stores Market by Country, 2024 - 2031, USD Million
TABLE 53 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 55 North America Retail Biometrics Market by Country, 2020 - 2023, USD Million
TABLE 56 North America Retail Biometrics Market by Country, 2024 - 2031, USD Million
TABLE 57 US Retail Biometrics Market, 2020 - 2023, USD Million
TABLE 58 US Retail Biometrics Market, 2024 - 2031, USD Million
TABLE 59 US Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 60 US Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 61 US Retail Biometrics Market by Type, 2020 - 2023, USD Million
TABLE 62 US Retail Biometrics Market by Type, 2024 - 2031, USD Million
TABLE 63 US Retail Biometrics Market by Component, 2020 - 2023, USD Million
TABLE 64 US Retail Biometrics Market by Component, 2024 - 2031, USD Million
TABLE 65 US Retail Biometrics Market by Application, 2020 - 2023, USD Million
TABLE 66 US Retail Biometrics Market by Application, 2024 - 2031, USD Million
TABLE 67 US Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
TABLE 68 US Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
TABLE 69 Canada Retail Biometrics Market, 2020 - 2023, USD Million
TABLE 70 Canada Retail Biometrics Market, 2024 - 2031, USD Million
TABLE 71 Canada Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 72 Canada Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 73 Canada Retail Biometrics Market by Type, 2020 - 2023, USD Million
TABLE 74 Canada Retail Biometrics Market by Type, 2024 - 2031, USD Million
TABLE 75 Canada Retail Biometrics Market by Component, 2020 - 2023, USD Million
TABLE 76 Canada Retail Biometrics Market by Component, 2024 - 2031, USD Million
TABLE 77 Canada Retail Biometrics Market by Application, 2020 - 2023, USD Million
TABLE 78 Canada Retail Biometrics Market by Application, 2024 - 2031, USD Million
TABLE 79 Canada Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
TABLE 80 Canada Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
TABLE 81 Mexico Retail Biometrics Market, 2020 - 2023, USD Million
TABLE 82 Mexico Retail Biometrics Market, 2024 - 2031, USD Million
TABLE 83 Mexico Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 84 Mexico Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 85 Mexico Retail Biometrics Market by Type, 2020 - 2023, USD Million
TABLE 86 Mexico Retail Biometrics Market by Type, 2024 - 2031, USD Million
TABLE 87 Mexico Retail Biometrics Market by Component, 2020 - 2023, USD Million
TABLE 88 Mexico Retail Biometrics Market by Component, 2024 - 2031, USD Million
TABLE 89 Mexico Retail Biometrics Market by Application, 2020 - 2023, USD Million
TABLE 90 Mexico Retail Biometrics Market by Application, 2024 - 2031, USD Million
TABLE 91 Mexico Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
TABLE 92 Mexico Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
TABLE 93 Rest of North America Retail Biometrics Market, 2020 - 2023, USD Million
TABLE 94 Rest of North America Retail Biometrics Market, 2024 - 2031, USD Million
TABLE 95 Rest of North America Retail Biometrics Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 96 Rest of North America Retail Biometrics Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 97 Rest of North America Retail Biometrics Market by Type, 2020 - 2023, USD Million
TABLE 98 Rest of North America Retail Biometrics Market by Type, 2024 - 2031, USD Million
TABLE 99 Rest of North America Retail Biometrics Market by Component, 2020 - 2023, USD Million
TABLE 100 Rest of North America Retail Biometrics Market by Component, 2024 - 2031, USD Million
TABLE 101 Rest of North America Retail Biometrics Market by Application, 2020 - 2023, USD Million
TABLE 102 Rest of North America Retail Biometrics Market by Application, 2024 - 2031, USD Million
TABLE 103 Rest of North America Retail Biometrics Market by Retail Type, 2020 - 2023, USD Million
TABLE 104 Rest of North America Retail Biometrics Market by Retail Type, 2024 - 2031, USD Million
TABLE 105 Key Information – Cognitec Systems GmbH
TABLE 106 Key Information – IDEMIA SAS
TABLE 107 KEY INFORMATION – NEC Corporation
TABLE 108 Key Information – Fujitsu Limited
TABLE 109 Key Information – Thales Group S.A.
TABLE 110 Key information – BIO-key International, Inc.
TABLE 111 Key Information – Anviz Global Inc.
TABLE 112 Key Information – HID Global Corporation
TABLE 113 Key Information – M2SYS Technology, Inc.
TABLE 114 Key Information – Fingerprint Cards AB

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Retail Biometrics Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Retail Biometrics Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Retail Biometrics Market
FIG 6 North America Retail Biometrics Market share by Deployment Mode, 2023
FIG 7 North America Retail Biometrics Market share by Deployment Mode, 2031
FIG 8 North America Retail Biometrics Market by Deployment Mode, 2020 - 2031, USD Million
FIG 9 North America Retail Biometrics Market share by Type, 2023
FIG 10 North America Retail Biometrics Market share by Type, 2031
FIG 11 North America Retail Biometrics Market by Type, 2020 - 2031, USD Million
FIG 12 North America Retail Biometrics Market share by Component, 2023
FIG 13 North America Retail Biometrics Market share by Component, 2031
FIG 14 North America Retail Biometrics Market by Component, 2020 - 2031, USD Million
FIG 15 North America Retail Biometrics Market share by Application, 2023
FIG 16 North America Retail Biometrics Market share by Application, 2031
FIG 17 North America Retail Biometrics Market by Application, 2020 - 2031, USD Million
FIG 18 North America Retail Biometrics Market share by Retail Type, 2023
FIG 19 North America Retail Biometrics Market share by Retail Type, 2031
FIG 20 North America Retail Biometrics Market by Retail Type, 2020 - 2031, USD Million
FIG 21 North America Retail Biometrics Market share by Country, 2023
FIG 22 North America Retail Biometrics Market share by Country, 2031
FIG 23 North America Retail Biometrics Market by Country, 2020 - 2031, USD Million
FIG 24 SWOT Analysis: Cognitec Systems GmbH
FIG 25 Recent strategies and developments: IDEMIA SAS
FIG 26 Swot Analysis: IDEMIA SAS
FIG 27 Recent strategies and developments: NEC Corporation
FIG 28 SWOT Analysis: NEC Corporation
FIG 29 Recent strategies and developments: Fujitsu Limited
FIG 30 Swot analysis: Fujitsu Limited
FIG 31 SWOT Analysis: Thales Group S.A.
FIG 32 Swot Analysis: BIO-key International, Inc.
FIG 33 Swot Analysis: Anviz Global Inc.
FIG 34 SWOT Analysis: HID Global Corporation
FIG 35 SWOT Analysis: M2SYS Technology
FIG 36 Swot Analysis: Fingerprint Cards AB

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