Biometrics Market

Biometrics Market Size and Share:

The global biometrics market size was valued at USD 45.09 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 173.08 Billion by 2033, exhibiting a CAGR of 14.40% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 35.6% in 2024. The growing advancements in technology and innovation, rising maintenance of border control and travel security, and increasing focus on maintaining workplace security to reduce the risk of unauthorized access are some of the major factors propelling the market growth.

Governments and institutions globally are embracing biometrics to boost identification verification, security, and fraud prevention. Fingerprint, facial recognition, and iris scanning are being incorporated into official identification schemes by most countries, facilitating secure access to financial services, healthcare, and public assistance. Border control authorities are using biometric-based immigration checkpoints to streamline passenger verification and enhance security measures. Biometric authentication is being deployed in online payments and online banking by financial institutions to block identity theft and cyber fraud. For instance, in January 2024, Mastercard launched its Biometric Authentication Service, leveraging fingerprints, iris scans, and facial recognition to replace passwords, enhance security, and streamline authentication for online transactions and app logins. Moreover, mobile devices and smart home applications are adding biometric sensors for facilitating easy access control. Heightened data breach and digital fraud worries are making businesses implement workforce security with the use of biometric-based multi-factor authentication. Policymaking organizations are clarifying regulations for promoting biometric deployment and working towards solutions regarding privacy and ethical issues. With amplified dependence on secure digital identities, adoption of biometrics is increasing in various industries, strengthening digital trust.

The US currently holds a market share of 86.70% as it is growingly utilizing biometrics for public safety, law enforcement, and border control. Facial recognition and fingerprint matching are being employed by security agencies to identify criminals in investigations and surveillance activities. Airports and transportation terminals are introducing biometric identification for speedier and safer passenger checks. For example, in Aug 2024, U.S. Customs and Border Protection (CBP) issued an RFI for "on the move" biometric facial capture technology to enhance traveler verification at Ports of Entry while ensuring inspection integrity and privacy compliance. Additionally, government agencies are intensely extending biometric-based authentication to enhance access control in secure environments and curtail identity spoofing in public services.  Police departments are adopting mobile biometric scanners to identify suspects in real time, enhance response rates, and increase accuracy. Prisons and jails are adopting biometric systems to track the movement of inmates and limit unauthorized entry. The adoption of AI-powered biometric technology is enhancing accuracy and minimizing errors in identification procedures. With the accelerating use of biometrics in public security, policymakers are still evaluating regulations to guarantee ethical use while upholding privacy safeguards.

Biometrics Market Trends:

Growing Advancements in Technology and Innovation

The growing advancements in technology and innovation are exerting a positive influence on the biometrics market share. Moreover, continuous upgradations in biometric algorithms, sensor technologies, and processing capabilities are leading to significant improvements in the accuracy, reliability, and performance of biometric systems. For instance, in 2022, the Transportation Security Administration introduced an identity management roadmap for biometrics, which is followed by Credential Authentication Technology (CAT). These units can scan a traveler's photo ID and match it with their flight details. These advancements enable more precise identification and authentication of individuals. Furthermore, the widespread adoption of smartphones equipped with biometric sensors, such as fingerprint scanners, facial recognition cameras, and iris scanners, has fueled the growth of mobile biometrics. Mobile biometric authentication enables secure and convenient access to devices, applications, and digital services, driving its integration into mobile banking, e-commerce, and identity verification solutions. For example, in October 2023, Google updated face verification in its latest smartphone that enables users to authenticate sign-in apps and authorize payments. Pixel 8 and Pixel 8 Pro selfie cameras blend AI and machine learning to provide secure Face Unlock that passes the highest Android biometric class standards. In line with this, the adoption of multimodal biometric systems, which combine two or more biometric modalities, such as fingerprint, facial, iris, voice, and behavioral biometrics, is increasing. Also, multimodal systems offer higher accuracy and reliability by leveraging multiple biometric traits for authentication, enhancing security and usability across various applications. For instance, in December 2023, Rank One Computing (ROC.ai) launched an iris solution, multimodal biometrics. These factors are further positively influencing the biometrics market growth.

Rising Focus on Security and Identity Management

With the rising risk of cyber threats, data breaches, and identity theft, organizations across industries are emphasizing security measures to safeguard sensitive data and prevent unauthorized access. For example, in 2023, there were over 2,300 cyberattacks that reached a total of approximately 343,338,964 victims. Data breaches grew by 72% in 2023, breaking the previous all-time high set in 2021. Consistent with this, in May of 2024, the giant health system, Ascencion, was the victim of a cyberattack as there are growing fears about cybersecurity within healthcare and an alarming spike in breaches. Biometric authentication offers a more secure and reliable method of verifying identities compared to traditional authentication methods like passwords or PINs, making it an essential component of modern security strategies. In addition, the proliferation of online transactions, digital payments, and e-commerce platforms has led to an escalation in fraudulent activities, including identity theft, account takeover, and financial fraud. Biometric solutions, such as fingerprint recognition, facial recognition, and behavioral biometrics, help mitigate fraud by accurately verifying users' identities and detecting suspicious behavior patterns. For instance, in 2023, 1.13 Million cases of financial cyber fraud were reported. Additionally, in many sectors like banking, finance, healthcare, and government, precise identity verification is required for regulatory compliance, fraud prevention, and risk management. Biometric technology allows companies to create a secure identity authentication procedure by authenticating individuals according to distinct physiological or behavioral features, thereby minimizing the potential for fraud and impersonation. For example, ID-PAL, a biometric document, and database checks provider, released a new document fraud detection solution. In support of this, in April 2024, Mastercard launched Scam Protect, a package of AI-based tools. The Scam Protect tool offers protection against scams by combining digital identity with biometrics, AI, and open banking capabilities to safeguard the consumers. These factors are proliferating the industry’s growth.

Increasing Government Investments

Governments worldwide are investing in biometric technologies to strengthen border security and improve immigration control. Biometric systems, such as facial recognition, iris scanning, and fingerprint identification, enable automated and accurate verification of travelers' identities, helping authorities identify potential threats, criminals, or individuals with fraudulent travel documents. As per the reports, in May 2024, the UK Government stated that it would be investing USD 295 Million in police biometrics. Consistent with this, in June 2023, the Canadian government made a public statement that submitting biometrics would be a compulsory part of the application process for every candidate seeking permanent residence. The motive behind this new rule is to enhance border security and speed up immigration checking. Apart from this, biometric authentication facilitates smooth passenger processing and minimizes waiting times at border crossings, airports, and other travel points. Biometric systems automate identity verification, making it fast and frictionless, and enabling travelers to pass through checkpoints more quickly while ensuring high security levels. For example, in January 2024, the Government of India stated that it is going to introduce a biometrics-based system for international passengers and speed up immigration checks. The biometrics-based system will use fingerprints or face recognition to verify passenger identities, as well as automatic immigration clearances that would eliminate the requirement for physical passport verification. In addition, the adoption of e-passports and smart border initiatives facilitates the integration of biometric technologies into travel documents and border control systems. E-passports store biometric data, such as facial images and fingerprints, enabling automated identity verification at border crossings. Smart border solutions leverage biometrics for seamless and secure border management, including visa processing, immigration control, and traveler tracking, which is augmenting the market growth. For instance, by the end of 2025, foreign visitors will be able to utilize India's Digi Yatra biometric airport ID system. The non-profit Digi Yatra Foundation (DYF), which is in charge of the facial recognition project, is awaiting certain extended use cases as well as the introduction of electronic passports in India to expedite access for visitors from abroad. This is further expected to proliferate the demand for biometrics.

Biometrics Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global biometrics market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on technology, functionality, component, authentication, and end-user.

Analysis by Technology:

• Face Recognition
• Hand Geometry
• Voice Recognition
• Signature recognition
• Iris recognition
• AFIS
• Non-AFIS
• Others

Non-AFIS stand as the largest component in 2024, holding around 35.6% of the market. Voice recognition, also known as speaker recognition, is a biometric technology that involves the identification or verification of individuals dependent on their unique voice patterns. It can be used to provide secure authentication for devices, systems, or accounts. Users can gain access by simply speaking a passphrase or a specific phrase. It can also be used as part of a multi-factor authentication process, adding an extra layer of security alongside passwords or other biometric methods. Voice recognition can identify callers and provide personalized services based on their previous interactions and preferences. For instance, in May 2024, the Bank of Ireland declared that it is planning to invest USD 36 Million to develop its phone and CRM systems, including voice biometrics for verification to decrease customer wait times while enhancing fraud prevention. It is also adopted by doctors to transcribe their spoken notes into text, saving time, and improving accuracy in medical documentation.

 Analysis by Functionality:

• Contact
• Non-contact
• Combined

Contact leads the market with around 54.2% of market share in 2024. The non-contact feature in biometrics refers to the ability to collect and analyze biometric data without physical contact between the sensing equipment and the individual being authenticated. In situations where physical contact can transmit diseases or infections, non-contact biometrics offer a safer alternative. Non-contact biometric methods are more convenient for users as individuals don't need to touch any surfaces or devices, making the authentication process faster and more user-friendly. Moreover, traditional contact-based biometric methods like fingerprint scanners might be uncomfortable or inconvenient for some individuals, especially if they have certain skin conditions or cultural preferences. Non-contact methods can provide a more inclusive and pleasant user experience. Furthermore, non-contact biometric systems can process a larger number of people quickly, making them suitable for high-traffic areas like airports, stadiums, and event venues. For instance, in December 2023, the Eastern Bank in Bangladesh launched a metal biometric payment card to authenticate contactless payment at the point of sale using the fingerprint.

Analysis by Component:

• Hardware
• Software

Hardware electronics leads the market with around 84% of market share in 2024. As per the biometrics market outlook, hardware plays a crucial role in the field of biometrics, providing the necessary tools for capturing, processing, and storing biometric data. It comprises sensors and scanners which are used to capture the unique physiological or behavioral characteristics of individuals. Biometric hardware ensures accurate data capture by minimizing noise and interference. It is commonly used for authentication and access control purposes as systems equipped with fingerprint scanners, iris recognition cameras, or facial recognition cameras can grant or deny access to secured areas, devices, or data based on the biometric traits of individuals. It is employed in workplace environments to track employee attendance and working hours accurately.

Analysis by Authentication:

• Single-Factor Authentication
• Multifactor Authentication

Single-factor authentication leads the market with around 67.4% of market share in 2024. Multifactor authentication (MFA) refers to a security process that requires users to provide two or more different authentication parameters to verify their identity before gaining access to a system, application, or data. When combined with biometrics, which involves the use of unique physical or behavioral traits for identification, MFA becomes an even more robust and secure authentication method. Besides this, combining biometrics with other authentication factors (a password or token) adds an extra layer of security. Biometric traits like fingerprints, facial features, iris patterns, and voice characteristics are unique to everyone, making it complicated for unauthorized users to gain access. Biometric authentication is user-friendly and convenient, as users don't need to remember complex passwords or carry additional hardware tokens. They can simply use their unique biometric traits to access their accounts or systems. For instance, in February 2024, MinkasuPay, a biometric authentication solutions provider, received a patent in India for its biometric 2-factor authentication technology.

Analysis by End-User:

• Government
• Defense Services
• Banking and Finance
• Consumer Electronics
• Healthcare
• Commercial Safety and Security
• Transport/Visa/Logistics
• Others

Government leads the market with around 21.4% of market share in 2024. The banking and finance sector uses biometrics for a variety of reasons, primarily to enhance security, streamline processes, and refine the overall user experience. Biometric authentication offers better security compared to traditional authentication methods like passwords. It minimizes the risk of fraud, as biometric traits are difficult to forge or replicate. This helps in preventing unauthorized individuals from accessing accounts, conducting fraudulent transactions, or stealing sensitive information. Biometric technologies consisting of fingerprint recognition, facial recognition, and iris scanning offer a reliable way to verify the identity of a customer before granting access to accounts or conducting financial transactions. This helps ensure that the person performing the transaction is indeed the authorized account holder. For instance, in April 2024, Mutual Trust Bank (MTB), a Bangladesh-based bank, collaborated with IDEX Pay, the biometric solution from IDEX Biometrics and launched biometric payment cards.

Regional Analysis:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

In 2024, Asia-Pacific accounted for the largest market share of over 35.6%. According to the biometrics market overview, Asia Pacific held the biggest market share due to rising technological advancements in security maintenance processes. Besides this, the intensifying integration of biometrics in the financial sector to enhance security and streamline customer authentication processes is contributing to the growth of the market. Additionally, the rising utilization of online payment platforms to make cashless transactions and pay for online purchases is supporting the growth of the market. For instance, in January 2024, the Indian Government announced plans to deploy a biometrics-based system for foreign passengers to speed up immigration processes.

Key Regional Takeaways:

North America Biometrics Market Analysis

The North America biometrics industry is growing in response to higher demand for authenticated security in healthcare, financial services, and enterprise security. Fingerprint and face recognition biometric payment solutions are becoming more prevalent as banks and fintech institutions implement the modalities to reduce fraud and complete transactions efficiently. In the medical sector, patient identity confirmation by biometric verification is making fewer medical mistakes possible, along with protecting electronic patient records. Corporate settings are embracing biometric access control to thwart unauthorized access and enhance cybersecurity practices. Smart home technology growth is propelling demand for voice recognition and biometric-enabled locks. Development in AI and deep learning is enhancing biometric accuracy, widening applications in identity verification and workforce management. Privacy issues and regulatory compliance necessitate market players to amplify data protection practices. Growing investments in biometric R&D and government support for secure identification programs are also defining the development of the market across various industries.

United States Biometrics Market Analysis

Biometrics adoption in the United States is accelerating as defense services increasingly integrate advanced security measures for personnel identification, access control, and surveillance. As per reports, U.S. defense expenditures rose by USD 55 Billion between 2022 and 2023. Defense agencies and high-security centers are adopting biometric authentication to improve operational efficiency and protect sensitive information. Cutting-edge fingerprint identification, facial recognition, and iris scanning technologies are being used to strengthen border protection, military camps, and defense infrastructure. Secure authentication in defense operations is generating interest in multimodal biometrics. Biometric technologies are enhancing identity verification procedures for military personnel, preventing unauthorized access, and improving national security mechanisms. Artificial intelligence -enabled biometric systems are enabling real-time monitoring and verification, enhancing situational awareness during defense activities. The rise in defense budgets and strategic initiatives to modernize military security frameworks are amplifying biometrics integration across various defense applications. Secure identity management and rapid authentication solutions are becoming indispensable, reinforcing security protocols and mitigating potential threats. The synergy between biometrics and defense services is driving innovations, ensuring enhanced security measures across defense ecosystems.

Asia Pacific Biometrics Market Analysis

Biometrics adoption in Asia-Pacific is gaining traction as expansion and investments in transport, visa, and logistics intensify across the region. Indian logistics market to grow to USD 159.54 Billion (Rs. 13.4 Trillion) by FY28: India Brand Equity Foundation. Transportation facilities, such as airports, railway stations, and seaports are adopting biometric-based security solutions for smooth passenger authentication, improving travel experiences and avoiding risks from identity frauds. Visa processing agencies are incorporating biometric verification to make border control processes more efficient, fast-tracking document validation and immigration processing. Logistics firms are implementing biometric authentication for safe warehouse access, supply chain management, and employee verification. AI-based facial identification and fingerprint scanning technologies are enhancing identity authentication processes, providing quick and safe transactions. Government initiatives and regulatory mandates are fostering the adoption of biometrics across transport, visa, and logistics, addressing security concerns while improving operational efficiency. Advanced biometric-enabled e-gates, mobile identity solutions, and digital passports are enhancing travel security and logistics infrastructure. The integration of biometric authentication within automated systems is mitigating security risks, accelerating processing times, and enabling secure cross-border movements.

 Europe Biometrics Market Analysis

Biometrics adoption in Europe is advancing as banking and finance facilities prioritize secure authentication and fraud prevention mechanisms. As per the reports, 784 foreign bank branches operated in the EU during 2021, of which 619 belonged to other Member States of the EU and 165 belonged to third countries. Financial institutions are using biometric technologies for identification of customers, secure transactions, and fraud protection. Advanced face recognition, fingerprint scanning, and voice recognition are supporting multi-factor authentication systems to ensure safe access to banking applications and ATMs. Mobile payment systems and digital banking platforms are using biometric authentication to increase user convenience while improving cybersecurity measures.  AI-powered biometric analytics are facilitating real-time risk assessment, fraud detection, and identity validation, enhancing financial security. Stringent regulatory requirements for financial data protection and anti-money laundering compliance are accelerating biometrics implementation across banking ecosystems. The expansion of contactless banking solutions and biometric payment cards is streamlining financial transactions, reducing dependence on traditional authentication methods. Banks and financial institutions are integrating biometric encryption technologies to enhance data security, preventing identity theft and unauthorized transactions.

Latin America Biometrics Market Analysis

Biometrics adoption in Latin America is increasing as e-commerce and online transactions drive the need for enhanced identity authentication, fraud prevention, and secure digital payments. As per reports, the Latin America market now has more than 300 Million digital consumers. Digital platforms are adopting facial and fingerprint recognition for hassle-free user authentication, minimizing account takeovers and identity theft. Financial service providers are integrating biometric authentication into online banking and mobile payment services, making transactions secure. E-commerce sites are using voice and behavioral biometrics to build customer trust and prevent unauthorized purchases. AI-based biometric fraud detection is enhancing the security of transactions, reducing digital payment fraud risks. Mobile wallets and digital payment gateways are adopting biometric authentication, ensuring seamless and secure checkout experiences. The rising demand for secure identity verification in online transactions is prompting investments in advanced biometric solutions, improving digital trust and consumer confidence.

 Middle East and Africa Biometrics Market Analysis

Biometrics adoption in the Middle East and Africa is advancing as the healthcare industry incorporates biometric authentication for patient identification, medical record security, and access control in hospitals and clinics. According on reports, the Latin America market currently it has more than 300 Million digital consumers. Digital channels are adopting facial and fingerprint identification for frictionless user authentication, preventing account takeovers and identity theft. Financial institutions are adding biometric authentication to online banking and mobile payments, making transactions secure. Online shopping platforms are using voice and behavioral biometrics to build customer confidence and prevent unauthorized transactions. Artificial intelligence-driven biometric fraud detection is enhancing payment security, reducing threats of electronic payment fraud. AI-powered biometric analytics are facilitating remote patient monitoring, improving healthcare accessibility. The Healthcare industry is leveraging biometric solutions for secure access to medical data, enhancing patient privacy and operational efficiency.

Competitive Landscape:

The world biometrics market is changing with the evolution of multimodal authentication, which combines fingerprint, facial, iris, and voice recognition for improved security. Technology developers and research centers are concentrating on enhancing accuracy through AI-driven recognition algorithms that adjust to different populations and conditions. Standardization is driving the development of interoperable biometric systems for global security, financial transactions, and employee authentication. Cloud-based biometric solutions are picking up steam, facilitating remote identity authentication in digital banking and e-governance. Developing markets are making investments in biometric infrastructure to upgrade public services, while global regulatory authorities are evolving data protection frameworks to achieve security and privacy balance. Growing use of biometrics in wearable technology and automotive security is opening up new areas of application outside traditional domains. International collaborations among research organizations, security agencies, and biometric technology pioneers are fueling ongoing innovations, defining a competitive market with a focus on technological efficiency, regulatory compliance, and responsiveness to changing security requirements.

The report provides a comprehensive analysis of the competitive landscape in the biometrics market with detailed profiles of all major companies, including:

• Accu-Time Systems, Inc. 
• BIO-Key International, Inc.
• Cognitec Systems, GmbH
• Fujitsu Limited
• 3M Cogent, Inc.
• IDTECK
• NEC Corporation
• Siemens AG
• RCG Holdings, Ltd. 
• Suprema, Inc. 
• Lumidigm, Inc. 
• IrisGuard, Inc. 
• Daon, Inc.
• DigitalPersona, Inc.
• Morpho SA (Safran)

Latest News and Developments:

• November 2024: Airports of Thailand (AOT) has implemented a biometric identification system with Facial Recognition at six major airports to improve security and efficiency. Rolled out on 1 November 2024 for domestic passengers, the system provides a smooth check-in and boarding process. Passengers can register at check-in counters or Self-Check-In Kiosks, where facial and travel document information are scanned. The service will be extended to international passengers from 1 December 2024.
• September 2024: NEC Corporation released a biometric authentication system to speed up entry at congested venues. The system can identify large crowds in motion, making airports, train stations, and amusement facilities less congested. It initially became available in Japan, the U.S., and Singapore with the goal of improving efficiency with increasing visitor volume. Japan's airport passenger traffic will double by 2041, and more efficient admission solutions will be in demand.
• August 2024: Mastercard's Payment Passkey Service uses biometrics such as fingerprints and facial scans to improve security and simplify online payments. Unveiled at the Global Fintech Fest in Mumbai, it launches in India with prominent payment players such as Juspay and Razorpay. Biometric authentication eliminates fraud threats such as phishing and SIM swapping by replacing passwords and OTPs. This technology provides consumers with a quicker, more secure, and more convenient shopping experience.
• May 2024: Niobium raised USD 5.5 Million in venture capital to work on a processor committed to FHE. FHE is a type of encryption that increases protection through unlinkability, irreversibility, and renewability of biometric template protection. An FHE-purpose accelerator is going to facilitate computations over encrypted information without decryption, ensuring secure operation. This improvement aids privacy-priority applications for the finance sector, healthcare services, and cyber protection.
• May 2024: Fingerprint Cards AB collaborated with India's Lapa Electric to launch the nation's first biometric-enabled electric scooter. The partnership combines fingerprint verification for safe, keyless entry into the vehicle. The innovation provides greater security and convenience by blocking unauthorized use while simplifying user verification. The biometric scooter is a leap in India's high-end electric mobility sector.

Biometrics Market Report Scope:

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the biometrics market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global biometrics market.
• The study maps the leading, as well as the fastest-growing, regional markets.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the biometrics industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.