The global facial recognition market will experience 12.4 percent compound annual growth — with accelerating momentum — from 2021 to…
Biometrics Market Reports
Biometrics Research Group Inc. estimates the global biometrics market will grow to US$55.5 billion by 2025 from its projected 2020 value of US$35.5 billion.
Ongoing coverage of market analysis, research and forecasts for the biometrics industry. In addition to market research on the general biometrics and digital ID industries, coverage ranges from individual modalities and market segments to related hardware segments like cameras and applications such as mobile payments.
Iris and face biometrics on the rise for access control worldwide
Two separate market studies have highlighted the emerging relevance of biometrics for access control applications worldwide. The first one comes…
Biometrics market size projected at $99B by 2027 driven by smartphones, IoT, passports
A new report by syndicated research and consulting firm Emergen Research has forecast that global biometrics industry revenues will near…
Biometrics market forecast for $44B by 2026, industry survey sees digital identity focus
Biometrics industry development over the next five years will be focused primarily on digital identity, according to the latest industry…
APAC region share of biometric public security market forecast to grow
Public security and safety biometrics are expected to grow over the next five years, with particular gains in immigration enforcement,…
Contactless biometrics estimated to bring in over $9B this year
The global market for contactless biometrics will generate more than $9 billion in revenue this year, and will grow at…
Fingerprint biometric market to reach $8.5B in 5 years
The market for biometric fingerprint sensors is expected to reach $8.5 billion by 2026 on 14.64 percent CAGR from 2021,…
Emotion detection’s market strength grows along with qualms
It is always creepy in a sci-fi movie when a piece of technology tries to read emotions and doubly so…
Biometric access control market enters pivotal phase for both physical and logical
Access control and authentication systems and services fall into two categories: physical and logical. Most analysts combine the two categories…
The growing global market for Civil ID on the path to digitization
Civil ID programs are identity management applications used by governments to verify a citizen and establish a link of trust,…
