Global Biometrics in Hospitality Market Growth (Status and Outlook) 2023-2029

Global Biometrics in Hospitality Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Biometrics in Hospitality Industry Forecast” looks at past sales and reviews total world Biometrics in Hospitality sales in 2022, providing a comprehensive analysis by region and market sector of projected Biometrics in Hospitality sales for 2023 through 2029. With Biometrics in Hospitality sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biometrics in Hospitality industry.

This Insight Report provides a comprehensive analysis of the global Biometrics in Hospitality landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biometrics in Hospitality portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biometrics in Hospitality market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biometrics in Hospitality and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biometrics in Hospitality.

The global Biometrics in Hospitality market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Biometrics in Hospitality market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Fingerprint Identification
Facial Recognition
Vein Recognition

Segmentation by application
Hospitality
Online Retail
Offline Retail

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M Cogent
Crossmatch
FUJITSU
M2SYS
NEC

Please note: The report will take approximately 2 business days to prepare and deliver.