Biometric Access Control Systems Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, Canada, China, Germany, Italy - Size and Forecast 2024-2028

Published: Oct 2023

Pages: 177

SKU: IRTNTR74501

Snapshot

Biometric Access Control Systems Market 2024-2028:

The Biometric Access Control Systems Market size is estimated to grow at a CAGR of 7.77% between 2022 and 2028. The market size is forecast to increase by USD 4,377.75 million. The growth of the market depends on several factors, including the increasing need for surveillance and security, the technological advances in biometrics, and the increasing government initiatives for implementing biometric access control systems. Biometric access control systems are advanced security solutions that use unique biological or behavioral characteristics of individuals to verify and grant access to restricted areas, devices, or data. These systems provide a higher level of security than traditional methods like keys or access cards as they rely on traits that are difficult to replicate or fabricate.

This biometric access control systems market report extensively covers market segmentation by application (commercial and residential), end-user (BFSI, government, healthcare sector, and transportation sector), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 to 2021.

What will be the Size of the Biometric Access Control Systems Market During the Forecast Period?

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Biometric Access Control Systems Market Overview

Driver

One of the key factors driving the biometric access control systems market growth is the increasing need for surveillance and security. The increasing need for high security in several growing sectors such as the financial, government, transportation, healthcare, and defense is fuelling the global biometric access control systems market. In addition, it is important to protect critical and confidential data and information in sectors such as the BFSI, retail, and defense.

Moreover, with the advancements in technology, cybercriminals and hackers are targeting retail point-of-sale (POS) transactions. In addition, the rise in the number of credit card payments at retail stores has also increased the instances of fraud, which has compelled credit card companies and the BFSI sector to adopt biometric access control systems to secure the confidential details of users. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Trends

A key factor shaping the biometric access control systems market growth is the increasing popularity of face and voice recognition biometrics in the BFSI sector. There is an increasing use of technology to simplify and augment customer engagement in business sectors, and the BFSI sector is no exception. In addition, in the BFSI sector, face recognition and voice recognition biometrics are quickly overshadowing touch and type-based interactions, given their convenience without compromising the security of transactions.

Moreover, voice recognition biometrics offers secure access to bank accounts by helping end-users execute transactions by verifying their identity with their voice. Furthermore, banks are using conversational interfaces such as chatbots and home assistants for voice recognition biometrics for their operations. For instance, some banks, such as Santander Bank N.A., are offering customers the option to use voice recognition to send payments to individuals established in their payee list quickly. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Restrain

High installation and maintenance costs for biometric access control systems are one of the key challenges hindering the biometric access control systems market growth. The usage of biometric access control systems has been increasing at a significant pace among various end-users, including BSFI and hospitals. However, installing and maintaining biometric access control systems are cost-intensive when compared to conventional authentication solutions including passwords and personal identification numbers.

Moreover, cost is an important factor to consider when choosing a biometric recognition system such as multi-factor authentication or multimodal biometric systems. In addition, installing biometric systems is complicated and costly, and returns on investment are usually difficult to quantify. Furthermore, implementing facial recognition, iris recognition, and retina scan systems in locations that require very high security, such as nuclear plants or classified sites, is very costly. Hence, such factors are hindering the market growth during the forecast period.

Biometric Access Control Systems Market Segmentation By Application

The commercial segment is estimated to witness significant growth during the forecast period. Biometric systems can be integrated easily with existing access control infrastructure. This comprises electronic locks, turnstiles, access cards, and visitor management systems. In addition, commercial facilities may have varying needs in terms of the number of users and access points. Furthermore, biometric access control systems are used to secure entry points in office buildings, allowing only authorized employees and visitors to enter.

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The commercial segment was the largest segment and was valued at USD 5,278.78 million in 2018. Moreover, for office buildings, there may be secure areas such as server rooms, data centers, and confidential file storage rooms. In addition, biometric authentication ensures that only authorized personnel can access these areas. Furthermore, biometrics can be used to track employee attendance and working hours accurately. Thus, employees can clock in and out using biometric scanners, eliminating the possibility of time fraud. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Biometric Access Control Systems Market Segmentation By End-user

The increasing adoption of biometric access control systems in the BFSI segment which in turn will fuel the market growth during the forecast period. There is significant growth in the global biometric access control systems market in the BFSI segment when compared to other segments such as government, transportation, and healthcare. In addition, the BFSI sector is intent on ramping up the use of biometric access control systems to allow consumers and corporate users to authenticate online banking systems. Moreover, biometric access control systems are used in the banking sector for branch banking, internet banking, and mobile banking. Furthermore, the increase in demand for the digitization of banking services, together with the increased need for adopting employee identification protocols to prevent identity theft and fraud, has raised the need for biometric identification technologies. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Regional Overview

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North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Some of the key countries that are signficantly contributing to the market growth in North America include Canada, Mexico, and the US due to factors such as the rising demand for security and surveillance owing to the emergence of factors such as the threat of terrorist attacks in several end-user sectors, including BFSI, transportation, and healthcare sectors.

In addition, another factor for the growth of the regional biometric access control systems market is the increasing number of instances of cyberattacks and data theft in enterprises. For example, in March 2020, Michigan-based Flagstar Bank fell victim to a data breach caused by a vulnerability in its Accellion file-sharing service. Hence, such factors are driving the market growth in the region during the forecast period.

In 2020, during the COVID-19 pandemic, the growth of the global market witnessed a significant slowdown as a large number of rehabilitation centers were forced to lay off employees, resulting in the temporary closure of behavioral rehabilitation centers in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in healthcare units. Such factors are expected to drive the market during the forecast period.

Biometric Access Control Systems Market Customer Landscape

The biometric access control systems market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Biometric Access Control Systems Market Customer Landscape

Who are the Major Biometric Access Control Systems Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

3M Co: The company offers biometric access control systems namely miY touch indoor touch screen biometric access control reader.

Anviz Global Inc: The company offers biometric access control systems such as C2 Series outdoor compact access control, M Series standalone access control devices, face pass 7 pro, and more.

Fujitsu Ltd: The company offers biometric access control systems such as palmsecure palm vein authentication technology.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The biometric access control systems market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

Application Outlook (USD Million, 2018 - 2028)
- Commercial
- Residential
End-user Outlook (USD Million, 2018 - 2028)
- BFSI
- Government
- Healthcare sector
- Transportation sector
Geography Outlook (USD Million, 2018 - 2028)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Biometric Access Control Systems Market Scope
Report Coverage	Details
Page number	177
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 7.77%
Market Growth 2024-2028	USD 4,377.75 million
Market structure	Fragmented
YoY growth 2023-2024(%)	7.49
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	North America at 34%
Key countries	US, Canada, China, Germany, and Italy
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	3M Co., ACCO Brands Corp., Anviz Global Inc., Fujitsu Ltd., Godrej and Boyce Manufacturing Co. Ltd., HID Global Corp., Hitachi Ltd., Honeywell International Inc., Invixium, Johnson Controls International Plc, M2SYS, Mantra Softech India Pvt. Ltd., NEC Corp., Nedap NV, Robert Bosch GmbH, Safran SA, Spectra Technovision Pvt. Ltd., Star Alliance, Tyco International PLC, and Umbrella Technologies
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Biometric Access Control Systems Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2024 and 2028
Precise estimation of the market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across North America, Europe, APAC, Middle East and Africa, and South America
A thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global biometric access control systems market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global biometric access control systems market 2018 - 2022 ($ million)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)

4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Commercial - Market size and forecast 2023-2028
- Exhibit 34: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Commercial - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Commercial - Year-over-year growth 2023-2028 (%)

6.4 Residential - Market size and forecast 2023-2028
- Exhibit 38: Chart on Residential - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Residential - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Residential - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Application
- Exhibit 42: Market opportunity by Application ($ million)
- Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)

7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user

7.3 BFSI - Market size and forecast 2023-2028
- Exhibit 48: Chart on BFSI - Market size and forecast 2023-2028 ($ million)
- Exhibit 49: Data Table on BFSI - Market size and forecast 2023-2028 ($ million)
- Exhibit 50: Chart on BFSI - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on BFSI - Year-over-year growth 2023-2028 (%)

7.4 Government - Market size and forecast 2023-2028
- Exhibit 52: Chart on Government - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Government - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Government - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Government - Year-over-year growth 2023-2028 (%)

7.5 Healthcare sector - Market size and forecast 2023-2028
- Exhibit 56: Chart on Healthcare sector - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Healthcare sector - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Healthcare sector - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Healthcare sector - Year-over-year growth 2023-2028 (%)

7.6 Transportation sector - Market size and forecast 2023-2028
- Exhibit 60: Chart on Transportation sector - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Data Table on Transportation sector - Market size and forecast 2023-2028 ($ million)
- Exhibit 62: Chart on Transportation sector - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Transportation sector - Year-over-year growth 2023-2028 (%)

7.7 Market opportunity by End-user
- Exhibit 64: Market opportunity by End-user ($ million)
- Exhibit 65: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2023-2028 (%)
- Exhibit 68: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 APAC - Market size and forecast 2023-2028
- Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.7 South America - Market size and forecast 2023-2028
- Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.11 Italy - Market size and forecast 2023-2028
- Exhibit 103: Chart on Italy - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on Italy - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on Italy - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on Italy - Year-over-year growth 2023-2028 (%)

9.12 Canada - Market size and forecast 2023-2028
- Exhibit 107: Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 108: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 109: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Canada - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

11.4 Industry risks
- Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 117: Vendors covered

12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

12.3 3M Co.
- Exhibit 119: 3M Co. - Overview
- Exhibit 120: 3M Co. - Business segments
- Exhibit 121: 3M Co. - Key news
- Exhibit 122: 3M Co. - Key offerings
- Exhibit 123: 3M Co. - Segment focus

12.4 Anviz Global Inc.
- Exhibit 124: Anviz Global Inc. - Overview
- Exhibit 125: Anviz Global Inc. - Product / Service
- Exhibit 126: Anviz Global Inc. - Key offerings

12.5 Fujitsu Ltd.
- Exhibit 127: Fujitsu Ltd. - Overview
- Exhibit 128: Fujitsu Ltd. - Business segments
- Exhibit 129: Fujitsu Ltd. - Key news
- Exhibit 130: Fujitsu Ltd. - Key offerings
- Exhibit 131: Fujitsu Ltd. - Segment focus

12.6 Godrej and Boyce Manufacturing Co. Ltd.
- Exhibit 132: Godrej and Boyce Manufacturing Co. Ltd. - Overview
- Exhibit 133: Godrej and Boyce Manufacturing Co. Ltd. - Business segments
- Exhibit 134: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
- Exhibit 135: Godrej and Boyce Manufacturing Co. Ltd. - Segment focus

12.7 HID Global Corp.
- Exhibit 136: HID Global Corp. - Overview
- Exhibit 137: HID Global Corp. - Product / Service
- Exhibit 138: HID Global Corp. - Key news
- Exhibit 139: HID Global Corp. - Key offerings

12.8 Hitachi Ltd.
- Exhibit 140: Hitachi Ltd. - Overview
- Exhibit 141: Hitachi Ltd. - Business segments
- Exhibit 142: Hitachi Ltd. - Key news
- Exhibit 143: Hitachi Ltd. - Key offerings
- Exhibit 144: Hitachi Ltd. - Segment focus

12.9 Honeywell International Inc.
- Exhibit 145: Honeywell International Inc. - Overview
- Exhibit 146: Honeywell International Inc. - Business segments
- Exhibit 147: Honeywell International Inc. - Key news
- Exhibit 148: Honeywell International Inc. - Key offerings
- Exhibit 149: Honeywell International Inc. - Segment focus

12.10 Johnson Controls International Plc
- Exhibit 150: Johnson Controls International Plc - Overview
- Exhibit 151: Johnson Controls International Plc - Business segments
- Exhibit 152: Johnson Controls International Plc - Key news
- Exhibit 153: Johnson Controls International Plc - Key offerings
- Exhibit 154: Johnson Controls International Plc - Segment focus

12.11 M2SYS
- Exhibit 155: M2SYS - Overview
- Exhibit 156: M2SYS - Product / Service
- Exhibit 157: M2SYS - Key offerings

12.12 Mantra Softech India Pvt. Ltd.
- Exhibit 158: Mantra Softech India Pvt. Ltd. - Overview
- Exhibit 159: Mantra Softech India Pvt. Ltd. - Product / Service
- Exhibit 160: Mantra Softech India Pvt. Ltd. - Key offerings

12.13 NEC Corp.
- Exhibit 161: NEC Corp. - Overview
- Exhibit 162: NEC Corp. - Business segments
- Exhibit 163: NEC Corp. - Key news
- Exhibit 164: NEC Corp. - Key offerings
- Exhibit 165: NEC Corp. - Segment focus

12.14 Safran SA
- Exhibit 166: Safran SA - Overview
- Exhibit 167: Safran SA - Business segments
- Exhibit 168: Safran SA - Key news
- Exhibit 169: Safran SA - Key offerings
- Exhibit 170: Safran SA - Segment focus

12.15 Spectra Technovision Pvt. Ltd.
- Exhibit 171: Spectra Technovision Pvt. Ltd. - Overview
- Exhibit 172: Spectra Technovision Pvt. Ltd. - Product / Service
- Exhibit 173: Spectra Technovision Pvt. Ltd. - Key offerings

12.16 Star Alliance
- Exhibit 174: Star Alliance - Overview
- Exhibit 175: Star Alliance - Product / Service
- Exhibit 176: Star Alliance - Key offerings

12.17 Tyco International PLC
- Exhibit 177: Tyco International PLC - Overview
- Exhibit 178: Tyco International PLC - Product / Service
- Exhibit 179: Tyco International PLC - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 180: Inclusions checklist
- Exhibit 181: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 182: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 183: Research methodology
- Exhibit 184: Validation techniques employed for market sizing
- Exhibit 185: Information sources

13.5 List of abbreviations
- Exhibit 186: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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