Biological Recognition System Market Size, Share, Growth, And Industry Analysis, By Type (Fingerprint Recognition, Iris Recognition, Voice Recognition, Facial Recognition and Others), By Application (Healthcare, Government, Military and Defense, Consumer Electronics, Business and Home Security and Others), Regional Forecast To 2031

Updated On: 29 April 2024

Biological Recognition System Market Report Overview

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The global biological recognition system market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.

COVID-19 Impact: Disruption in The Supply Chain to Hinder Market Growth

With the outbreak of COVID-19 in 2020, lockdown limitations were placed to halt the disease's spread. As a result of the disruption in the supply chain caused by the suspension of cross-border logistics, manufacturers and distributors of biological recognition system were severely impacted in 2020, resulting in a drop in sales of biological control products. However, with the start of vaccination efforts in the region in the first half of 2021, lockdown rules have been relaxed, resulting in the stabilization of the regional biological control market supply chain. As a result, a gradual increase in regional demand for biological recognition system is likely to drive market expansion throughout the forecast period.

Latest Trends

"Increased Usage in Pest Control to Propel Market Growth"

Throughout the projected period, the microbials sector will gain a considerable proportion of the biological recognition system industry. Microbes are one type of biocontrol agent used in pest control. The core concepts of biocontrol are predation and parasitism. It is significantly more trustworthy and safer than using insecticides and chemicals to control insects and pests. As a result, soil contamination is avoided, as are the health hazards connected with pesticide toxicity.

Biological Recognition System Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into fingerprint recognition, iris recognition, voice recognition, facial recognition and others.

In terms of product, voice recognition is the largest segment.

• By Application Analysis

Based on application, the market can be divided into healthcare, government, military and defense, consumer electronics, business and home security and others.

In terms of application, government is the largest segment.

Driving Factors

"Prevalence of Organic farming to Augment Market Growth"

Organic farming is one of the primary factors driving growth in the biological control industry. Organic farming is a unique and fast-growing segment of the food industry. Many factors both favor and inhibit the development of biopesticides. Organic farming is rapidly spreading over the world. Microbial pesticides, which are less dangerous than synthetic pesticides, frequently affect only the target pest and other creatures intimately associated with it, as opposed to broad-spectrum conventional pesticides, which can harm birds, insects, and mammals. Ease of handling qualities such as low-to-no re-entry intervals and post-harvest intervals enhance biopesticide adoption, primarily by presenting a clear alternative to existing synthetic options.

"Adoption Of IoT and AI-Based Technologies to Provide Impetus to The Market"

Another reason driving the increase of the biological recognition system industry share is the adoption of IoT and AI-based technologies in insect pest management. By integrating multiple strategies such as chemical pesticides, biological agents (predators and microorganisms), light traps, and synthetic pheromones, the application of AI and IoT in insect pest management has boosted the efficacy and efficiency of insect pest control. This entire formulation is known as Integrated Pest Management (IPM). These programs rely on current, in-depth knowledge of pest life cycles and interactions with the environment. Use of several developing technologies, such as AI, has increased due to low service costs and the ability to operate in remote places continually without disrupting facility operations.

Consequently, we can anticipate to witness a rise in pest management effectiveness as well as full knowledge of insect life cycles and interactions with the environment through the use of IoT and AI-based technologies, which will have a beneficial impact on the market.

Restraining Factors

"Sluggish Response Time to Pest Control to Impede Market Expansion"

Throughout the projection period, the sluggish response time to pest control will be a major issue for the biological control industry. Pesticides derived from natural sources such as animals, plants, microorganisms, and minerals are known as biopesticides. Biological control can be used to manage pests such as animals, plant diseases, weeds, and insects. However, depending on the pest, the procedures and substances used differ. Biochemical pesticides are naturally occurring substances that use non-toxic methods to control pests.

Biological Recognition System Market Regional Insights

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"North America to Dominate the Market Due to Early Implementation of Organic Farming Policies"

Over the projection period, North America will account for a sizable percentage of biological recognition system market growth. In North America, the primary markets for biological recognition system are the United States and Canada. The market in this region will expand quicker than the market in other regions. Early implementation of organic farming policies and practices will aid in the growth of the North American biological control market throughout the forecast period.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• NEC (Japan)
• Suprema (South Korea)
• M2SYS (U.S.)
• Fujitsu (Japan)
• Secugen (U.S.)
• IrisGuard (U.S.)
• Synaptics (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.