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Biometrics Market Reports

Biometrics Research Group Inc. estimates the global biometrics market will grow to US$91.1B by 2029 from its 2024 value of US$53.1B.

Read ongoing coverage of biometrics industry market analysis, research and forecasts. 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.

 

Passwordless authentication market to reach $6.6B by 2025

The passwordless authentication market may reach $6.6 billion by 2025, experiencing a compound annual growth rate of 31.1 percent compared…

 

Yole report predicts $11B consumer biometrics market by 2027 with boost from new sensors

Biometrics big break-out from high-security applications in fields like law enforcement and border control to consumer electronics will be boosted…

 

Synthetic identity fraud to hit $5B in two years. Credit agency practices enabling crime

Could U.S. synthetic fraud losses in 2024 equal the valuation of five unicorns? That is what one digital ID verifier…

 

Even with tepid growth, passwordless authentication gets deployed in unproductive ways

A pair of vendor surveys just out offer little in the way of hope for rapid adoption of identity authentication…

 

Most consumers want face biometrics for more secure online transactions, iProov survey finds

More than 7 in 10 consumers around the world prefer to use biometric face verification to passwords when making a…

 

Digital ID verifier finds US consumers want better security and faster remote onboarding

Six in 10 consumers surveyed have “dueling demands for data privacy and personalization” that begin with the remote onboarding process….

 

Consumer trust in banks is mixed. Behavioral biometrics can help, face less so

A trio of surveys from Experian, Mitek and Thales indicate that deploying biometrics can help banks improve consumers’ trust in…

 

Confidence in work from home security rises along with MFA adoption: Thales survey

A new survey by biometric solutions provider Thales suggests India is at the forefront of adoption of multi-factor authentication (MFA)…

 

Biometric authentication use in US businesses tripled over 3 years to tackle cyber threats

The use of biometric authentication in U.S. businesses has almost tripled from 27 percent in 2019 to 79 percent in…

 

Digital identity verification spending to pass $20B by 2027, but security challenges remain

Businesses around the world are spending $11.6 billion on digital identity verification this year, and that amount will nearly double…

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