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Press Release

$50+ Billion ID Technologies Market - Forecasts from 2018 to 2023 by Technology, Components, Application, End-Users & Geography -

Research and Markets
Posted on: 23 Feb 18

The "ID Technologies Market - Forecasts from 2018 to 2023" report has been added to's offering.

The ID technologies market is projected to witness a compound annual growth rate of 9.64% during the forecast period to reach a total market size of US$87.463 billion by 2023, increasing from US$50.340 billion in 2017.

ID technologies or Identification technologies include smart cards, voice and face recognition, biometric and barcodes among other technologies that are used to identify objects and individuals. Growing concerns regarding data security and safety concerns is driving the demand for ID technologies across various end-use industries.

Booming global travel and tourism industry has augmented the demand for biometric technologies for national security purposes, thus, positively impacting the growth of ID Technologies market. Increasing deployment of centralized electronic identification systems in emerging economies such as India is further boosting the growth of ID Technologies market.

Key industry players profiled as part of the report are Technologies Plus, Datalogic, 3M Cogent, Fujitsu, Thermo Fisher Scientific, Inc, Agilent Technologies, ImageWare Systems, Precise Biometrics, and S.I.C. Biometrics.


By technology:

  • Barcodes
  • Radio Frequency Identification (RFID)
  • Biometrics
  • Smart Cards
  • Others

By components:

  • Data encoder
  • Machine reader
  • Data decoder

By applications:

  • Forensics
  • Security Checks
  • Others

By End-Use Industry:

  • Government
  • Security and Defense
  • BFSI
  • Others

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. ID Technologies Market Forecast by Technology (US$ billion)

6. ID Technologies Market Forecast by Components (US$ billion)

7. ID Technologies Market Forecast by Application (US$ billion)

8. ID Technologies Market Forecast by End-User Industry (US$ billion)

9. ID Technologies Market Forecast by Geography (US$ billion)

10. Competitive Intelligence

11. Company Profiles

  • Technologies Plus
  • Datalogic
  • 3M Cogent
  • Fujitsu
  • Thermo Fisher Scientific, Inc.
  • Agilent Technologies
  • ImageWare Systems
  • Precise Biometrics
  • S.I.C. Biometrics

For more information about this report visit

View source version on

Business Wire

Last updated on: 23/02/2018

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