Biometrics in Hospitality Market, Global Outlook and Forecast 2023-2032
Hospitality operators are being encouraged to consider greater use of biometrics and other forms of technology as new research shows facial recognition, virtual assistants, wearable technology and virtual reality are proving popular among consumers.
This report aims to provide a comprehensive presentation of the global market for Biometrics in Hospitality, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biometrics in Hospitality. This report contains market size and forecasts of Biometrics in Hospitality in global, including the following market information:
Global Biometrics in Hospitality Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Biometrics in Hospitality market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
With the increase in cases of time theft, data theft, and other criminal activities in the hospitality sector, the demand for security technologies including a highly reliable and accessible personal authentication and identification systems has increased. Biometrics has emerged as a suitable security and monitoring solution to meet this need as it is based on the behavioral and physiological characteristics of an individual, which is difficult to replicate. Biometrics in the hospitality sector is seen as the most accurate and reliable system because it eliminates manual inputs, identity card exchange, and time theft.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biometrics in Hospitality companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biometrics in Hospitality Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Biometrics in Hospitality Market Segment Percentages, by Type, 2022 (%)
Fingerprint Identification
Facial Recognition
Vein Recognition
Global Biometrics in Hospitality Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Biometrics in Hospitality Market Segment Percentages, by Application, 2022 (%)
Hospitality
Online Retail
Offline Retail
Global Biometrics in Hospitality Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Biometrics in Hospitality Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biometrics in Hospitality revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Biometrics in Hospitality revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
3M Cogent
Crossmatch
FUJITSU
M2SYS
NEC
Outline of Major Chapters:
Chapter 1: Introduces the definition of Biometrics in Hospitality, market overview.
Chapter 2: Global Biometrics in Hospitality market size in revenue.
Chapter 3: Detailed analysis of Biometrics in Hospitality company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Biometrics in Hospitality in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
