Biometric enabled seamless travel booming: market to make $4.6B by 2029
The global market for government and commercial issued digital travel identities will generate more than $4.6 billion in revenue by…
Biometrics Market Reports
Biometrics Research Group Inc. estimates the global biometrics market will grow to US$86.1B by 2028 from its projected 2023 value of US$47.8B.
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.
Study shows optimism for digital IDs in reducing fraud despite security concerns
Regula’s recent study finds that the majority of organizations worldwide anticipate a substantial decrease in identity fraud following the adoption…
2 in 5 businesses now use biometrics for physical access control: HID
The number of businesses using biometrics for physical access control has jumped from 30 percent two years ago to 39…
Physical documents still crucial amid slow transition to digital IDs: Regula study
A recent study commissioned by Regula has concluded that digital IDs are not yet poised to replace physical documents in…
IDV firms stake claims in $40B financial services biometrics market
Acuity Market Intelligence forecasts that biometrics for financial services will bring in $40 billion in revenue from 2024 to 2028,…
Cyber risk concerns drive zero trust adoption, survey finds
Two-thirds of organizations consider cyber risk concerns as the primary drivers for implementing a zero trust strategy, Entrust Cybersecurity Institute…
MFA and passwordless authentication effective against growing identity threats
A new identity security trends report from the Identity Defined Security Alliance (IDSA) highlights the challenges companies continue to face…
Liminal predicts rapid growth in consumer identity and access management
Market research outlet Liminal has released a report that forecasts rapid growth in the Customer Identity and Access Management (CIAM)…
Report reveals nearly half of employees in the technology sector use shadow IT
The struggle to balance productivity and security is becoming more pronounced as employees increasingly turn to advanced technologies and personal…
HID security report says mobile identity to be ‘ubiquitous’ in five years
Mobile ID and multi-factor authentication join biometrics on the list of technologies headlining HID Global’s newly released 2024 State of…
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