September 7, 2024
Airport Biometric Service Market

Airport Biometric Service Market is trending towards automated identification by 2024

The airport biometric service market refers to the collection of biometric technologies used for the identification and verification of individuals at airports. Biometric identification technologies utilized in this market include fingerprint scanning, facial recognition, iris scanning, and voice recognition among others. These technologies offer benefits like faster processing times, enhanced security through precise matching capabilities, and reduced need for physical documentation in comparison to traditional ID checks. The growing need for safety and convenience during passenger travel is driving increased deployment of biometrics at airports globally.

Global airport biometric service market is estimated to be valued at USD 116.52 Billion in 2024 and is expected to reach USD 245.36 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.

Key Takeaways

Key players operating in the airport biometric service are Accellion, Inc., Assa Abloy AB, BIO-key International, Inc., Cognitec Systems GmbH, Desource Technology Group, Fujitsu Limited, Gemalto N.V. (Thales Group), Honeywell International Inc., IDEMIA, Intelligent Security Systems (ISS), NEC Corporation, Oracle Corporation, Safran Identity & Security (Morpho), SITA, Vision-Box. Growing passenger traffic and focus on safety and security are driving increased demand for biometric technologies at airports. Major airports across North America, Europe, Asia Pacific and Middle East have either implemented or are in process of deploying biometric systems.

Key players are focusing on Airport Biometric Service Market Demand partnerships and new technology development to tap into opportunities. For instance, SITA has partnered with Dubai Airport to deploy facial recognition system for passengers. NEC’s NeoFace facial recognition technology is used by major airports like London Heathrow.

Market key trends

One of the key trends in the airport biometric service market is the transition towards touchless and automated clearance. The COVID-19 pandemic has accelerated the need for contactless processing to reduce virus transmission. Major vendors are focused on advancing facial recognition, iris scanning and other biometric modalities to enable fully automated boarding and bag drop without human intervention. For example, Touchless Face program by Airside is deploying touchless kiosks integrated with facial recognition at airports in the UK.

Another trend is the increasing usage of multimodal biometric systems. Combining two or more biometric types like fingerprint, face and iris scanning provides higher accuracy and security. Amsterdam Airport has implemented a solution combining facial recognition with fingerprint scanning. Multimodal biometric deployment is expected to witness strong growth over the forecast period.

Porter’s Analysis

Threat of new entrants: There can be moderate threat of new entrants in this market as the airport industry requires large investment to set up infrastructure like biometric enabled systems, terminals and associated hardware. However there are opportunities for new entrants to provide unique solutions and services.

Bargaining power of buyers: The bargaining power of buyers in this market is moderate to high as there are many established players providing similar biometric solutions and services. Buyers can negotiate on price and customize solutions as per their specific airport requirements.

Bargaining power of suppliers: As the biometric technology and solutions require specialized components, hardware and expertise, the bargaining power of a few technology suppliers is high. This can impact the pricing and delivery timelines for customers.

Threat of new substitutes: There is low threat of substitutes as biometric identification is considered most advanced and reliable method for verifying identity at airports. New identity verification methods may emerge as substitutes over long term.

Competitive rivalry: The competitive rivalry in this consolidating market is very high due to presence of many global and regional players providing similar biometric solutions. Players differentiate based on technology, service offerings and partnerships with airports.

Geographical Regions

North America accounts for the largest share of the Airport Biometric Service Market Regional Analysis currently, with countries like US and Canada adopting biometric technologies extensively at airports and border control points for enhanced security and passenger convenience.

The Asia Pacific region is poised to grow at the fastest pace during the forecast period, driven by modernization initiatives at airports in major economies like China, India and other Association of Southeast Asian Nations countries. Rising global air traffic and focus on digital identity solutions provide opportunities for airport biometric service providers in Asia Pacific.

*Note:
1. Source: Coherent Market Insights, Public Source, Desk Research
2. We have leveraged AI tools to mine information and compile it.

About Author - Ravina Pandya
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Ravina Pandya,a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals.  LinkedIn Profile

About Author - Ravina Pandya

Ravina Pandya, a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals.  LinkedIn Profile

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