Global Biometric Technology Market estimated to be USD 13.8 billion in 2024 and is predicted to reach USD 62.14 billion by 2030, growing at a CAGR of 20.1% during the forecast period (2025-30)
The report "Biometric Technology Market by Type (Face, Hand Geometry, Voice, Signature, Iris, AFIS, Non-AFIS, Others), By End Use (Government, Banking & Finance, Transport/Logistics, Defense & Security, Others) - Global Forecast to 2030", market estimated to be USD 13.8 billion in 2023 and is predicted to reach USD 62.14 billion by 2030, growing at a CAGR of 20.1% during the forecast period. Some of the major factors responsible for the growth of biometric technology across the globe is surging demand for high level security in the private, public, and commercial sectors. Moreover, widespread use of biometrics technology in consumer electronics, in order to enhance customer experiences, is also boost the growth of the market. Increasing uses of biometric technology in the e-commerce application for secure transactions also supports in the growth of the global biometric technology market.
Browse 43 market data Tables and 30 Figures spread through 150 Pages and in-depth TOC on " Biometric Technology Market by Type (Face, Hand Geometry, Voice, Signature, Iris, AFIS, Non-AFIS, Others), By End Use (Government, Banking & Finance, Transport/Logistics, Defense & Security, Others) - Global Forecast to 2030"
On the basis of end use, the biometric technology market is categorized into government, banking & finance, transport/logistics, defense & security, and others. During the forecast period, the government segment is expected to be largest among all the segments. The technology is widely used to counter issues such as identity theft and illegal migration.
Segmentation and Key Players
|
Segment / Key Players |
Categorization |
|
Authentication |
Single-Factor Authentication and Multi-Factor Authentication |
|
Application |
Physical Characteristics (Fingerprint Recognition, Iris Recognition, Hand Geometry Recognition, Palm Recognition, and Others), and Behavioral Characteristics (Signature Recognition, Voice Recognition, Middleware Recognition, and Others) |
|
Functionality |
Contact-Based Biometric Systems, Contactless Biometric Systems, and Hybrid Biometric Systems |
|
Offering |
Hardware and Software |
|
Vertical |
Consumer Electronics, Government, Military & Defense, Healthcare, Banking & Finance, Travel and Immigration, and Others |
|
Key Players |
Thales Group, Safran S.A., NEC Corporation, FUJITSU FRONTECH LIMITED, 3M Company, SUPREMA, BIO-key International, Precise Biometrics, FaceFirst, Inc., and Assa Abloy AB. |
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“North America to hold the largest regional market share in 2023.”
North America is the largest revenue contributor in the biometric technology market. In the region, biometric techniques are widely used in various departments such as commerce, defense, homeland security, justice, and state.
Some of the major players in the global biometric technology market include NEC Corporation, Precise Biometrics AB, Fujitsu Limited, 3M Cogent, Hitachi, FaceFirst, Accu-Time Systems, Inc., AFIX Technologies, BIO-key International, Inc., and Nuance Communications.
Global Biometric Technology Market Coverage
Type Insight and Forecast 2025-2030
- Face
- Hand Geometry
- Voice
- Signature
- Iris
- AFIS
- Non-AFIS
- Others
End Use Insight and Forecast 2025-2030
- Government
- Banking and Finance
- Consumer Electronics
- Healthcare
- Transport/Logistics
- Defense & Security
- Others
Geographical Segmentation
Biometric Technology Market by Region
North America
- By Type
- By End Use
- By Country – U.S., Canada, and Mexico
Europe
- By Type
- By End Use
- By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
Asia-Pacific (APAC)
- By Type
- By End Use
- By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
Rest of the World (RoW)
- By Type
- By End Use
- By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries