Market research firm forecasts global biometrics market to reach $59.3B by 2025
The global market for biometric technology will grow by 19.5 percent CAGR from $14.4 billion in 2017 to reach $59.31…
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.
Biometric driver identification market worth $10 billion and growing fast
The market for biometric driver identification systems will grow from $10 billion in 2018 by an estimated 25 percent in…
Biometrics market to approach $52 billion by 2023 as facial recognition and banking AI expand
The global market for biometric authentication and identification will grow at a CAGR of 22.54 percent from 2018 to 2023…
Airport biometric deployments to grow at 27 CAGR as market takes off
The number of biometric touchpoints at airports will increase by 27 percent CAGR between this year and 2022, but will…
Border and maritime security market set to double as multimodal biometrics gain prominence
The market for security products and services for border and maritime use is set to nearly double by 2028 as…
Research firm pegs big growth in biometric payment cards for 2021 as facial recognition explodes
Shipments of fingerprint sensors are expected to reach 1.26 billion in 2019, a 10.3 percent 5-year CAGR, even as face…
Identity analytics market to surpass $3.6 billion by 2025
The global market for identity analytics will grow at a 27.8 percent CAGR to reach $3.62 billion by 2025, according…
Biometric passport market predicted to increase by 18 percent this year
The number of ePassports with integrated biometric technology will grow by 18 percent in 2019, according to a new report…
Researcher says facial recognition models perpetuate discrimination against trans people
Facial recognition research papers follow a model of gender which is binary more than 90 percent of the time, immutable…
Capacitive fingerprint sensors have hit their peak, IHS Markit reports
According to market insight by IHS Markit Principal Analyst, LEDs, Jamie Fox, unit shipments of capacitive fingerprint sensors in consumer…
