Biometric Technologies Market
Information Technology

Biometric Technologies Market Key Insights 2024-2033: Growth Rate, Trends And Opportunities

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033


The Business Research Company’s Biometric Technologies Global Market Report 2024 offers crucial insights into the biometric technologies market help businesses analyse and build stronger strategies.



The biometric technologies market has experienced significant growth in recent years, with forecasts indicating continued expansion. Let’s delve into the factors driving this growth and the trends shaping the future of this dynamic industry.


Rapid Growth Trajectory:

  • From $52.65 billion in 2023 to $59.76 billion in 2024 at a CAGR of 13.5%.
  • Expected to reach $100.26 billion in 2028 at a CAGR of 13.8%.


Historical Factors Driving Growth:

  • Increasing cybersecurity threats.
  • Rising concerns about security.
  • Adoption in healthcare for patient identification.
  • Use in time and attendance systems.
  • Use in border control and immigration.

Future Growth Drivers:

  • Emergence of wearable biometric devices.
  • Integration with smart cities initiatives.
  • Focus on user convenience.
  • Growth in remote authentication.
  • Use in aviation and travel security.

Major Trends in Forecast Period:

  • Integration with artificial intelligence (AI).
  • Expansion in mobile biometrics.
  • Multi-modal biometrics adoption.
  • Remote authentication solutions.
  • Blockchain integration for enhanced security.

Biometric Technology Market Thrives On The Surge In Consumer Electronics Integration:

  • Adoption of biometric technologies in consumer electronics is driving market growth.
  • Consumer electronics increasingly incorporate biometric technology for safety and additional features.
  • Cisco Duo’s 2022 Trusted Access Report highlights the integration of biometrics in phones and increased transactions utilizing multi-factor authentication.

Technological Advancements Driving Market Growth:

  • Major companies focus on developing innovative solutions using artificial intelligence.
  • Example: Touchless Biometric Systems (TBS) introduces 3D Fly sensor for superior recognition performance.
  • Integration of AI in biometric solutions enhances efficiency and accuracy.


Read The Full Biometric Technologies Market Report Here:


Prove Identity Expands Authentication Capabilities:

  • Prove Identity Inc. acquires UnifyID, expanding authentication techniques.
  • Enhanced push authentication with private and secure location intelligence.
  • Integration of passive, dynamic mobile behavioral biometrics.

Market Segmentation:

The biometric technologies market is segmented based on various factors:

  1. Offering: Hardware, Software
  2. Type: Contact-Based, Contact-Less, Hybrid
  3. Authentication Type: Single-Factor Authentication, Multi-Factor Authentication
  4. Application: Face, Hand Geometry, Voice, Signature, Iris, AFIS, Non-AFIS, Other Applications
  5. Vertical: Government, Consumer Electronics, Military And Defense, Healthcare, Banking And Finance, Travel And Immigration, Automotive, Security, Other Verticals

Asia-Pacific Dominates Market Share:

  • Asia-Pacific was the largest region in the biometric technologies market in 2023.
  • Rapid technological advancements and increasing adoption drive growth in the region.


Get A Free Sample On The Global Biometric Technologies Market Report:


The Biometric Technologies Global Market Report 2024  provides a comprehensive outlook of the biometric technologies market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The biometric technologies market forecast offers a thorough analysis on biometric technologies market size, biometric technologies market share, prominent players and their strategies.


The Table Of Content For The Biometric Technologies Market Include:
1. Biometric Technologies Market Executive Summary
2. Biometric Technologies Market Segments
3. Biometric Technologies Market Size And Biometric Technologies Market Growth Rate
4. Key Biometric Technologies Market Trends
5. Major Biometric Technologies Market Drivers
25. Key Mergers And Acquisitions In The Biometric Technologies Market
26. Top Biometric Technologies Companies
27. Biometric Technologies Market Opportunities And Strategies
28. Biometric Technologies Market, Conclusions And Recommendations
29. Appendix


Explore Similar Reports From The Business Research Company:

Contactless Biometrics Global Market Report 2024

Biometric Sensor Global Market Report 2024

Security And Vulnerability Management Global Market Report 2024


Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.


Contact us at:

The Business Research Company:

Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708

Email us at

Follow us on:



Global Market Model:

Found this article helpful? Share it on:

Leave a Reply

Your email address will not be published. Required fields are marked *