Biometrics industry could lose $2B this year from pandemic, but facial recognition market to grow
A new report from ABI Research forecasts a revenue drop of $2 billion this year in the biometric device market…
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.
Biometrics market to reach $76.6B by 2027 as mobile payments explode
The biometrics market will be worth $76.64 billion by 2027 after increasing from $17.28 billion in 2018, at an 18…
ABI Research IoT webinar delves into “forced evolution” of biometrics market
The sudden emphasis on remote access, people-screening and face masks is creating a forced evolution in the biometrics market, according…
Biometrics market research: contactless to reach $70B by 2030, fingerprint sensors, PIAM platforms
Contactless biometric technology will ride the wave created by the COVID-19 pandemic to a CAGR of 17.4 percent from 2020…
Edge facial recognition market to near $2.3B by 2025, while biometrics as a service grows to $3B
The privacy, bandwidth, and other potential benefits of performing facial recognition directly on edge computing devices will push the market…
Biometrics research briefs: facial recognition revenues to grow at 14.5 percent CAGR to 2027
The worldwide facial recognition market will increase at a CAGR of 14.5 percent to reach $9.93 billion by 2027, Grand…
Biometrics research briefs: touchless sensing and gesture, security screening and image recognition
Touchless biometrics will be among major drivers pushing the touchless sensing market to grow from $6.8 billion this year to…
Global biometrics market to surpass $45B by 2024, reports Frost & Sullivan
The market for global biometrics is forecast to reach $45.96 billion in 2024, based on a compound annual growth rate…
Biometrics market research briefs: VCs invest $900M in authentication and identity last year
Authentication and identity management providers are the top attraction in the $6.6 billion cybersecurity venture investment market in 2019, CSO…
Consumer biometrics, speech recognition, 3D sensors and digital ID markets all to grow by at least 17 percent CAGR
The global market for consumer biometrics is forecast to have a CAGR of 19.6 percent from 2020 to 2025 by…
