Contactless, behavioral and cloud biometrics all forecast for 19 percent or higher growth
The global market for contactless biometrics will reach $18.6 billion by 2026 on a 19.1 percent compound annual growth rate,…
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.
Face biometrics forecast to surpass $15B by 2027 as verticals and applications expand
The global biometrics market will grow by $18.1 billion from 2020 to 2024, a CAGR of 10 percent, on increasing…
Mobile biometrics market to surpass $15.6B by 2024, major sensor growth forecast
Market research companies analyze and predict major market growth for mobile biometrics, m-commerce, biometrics and printed and flexible sensors over…
Global biometric facial recognition market to top $12B by 2026 on public security, retail growth
Biometric facial recognition is poised for major growth on demand for the high accuracy of 3D imaging and public security…
Biometrics in healthcare to see four-fold increase by 2024 to over $2.7B
Although biometric adoption in the healthcare sector was initially limited to patient identification and verification, the adoption of electronic health…
Biometrics adoption rates adjust, fingerprint growth paused by pandemic, analyst Goode says
The biometrics market is seeing major shifts in demand for fingerprints and digital identity, and in sensor production due to…
Biometric payment cards to ride contactless wave, market producing extra 110M units in 2020
Biometric payment cards are expected to play a major role in a trend towards the use of multi-factor contactless transactions…
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 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…
