Biometric Payments Market Size, Share, Analysis, Trends, Growth, 2032
Biometric Payments Market - By Component (Hardware, Software) By Technology (Fingerprint biometric, Voice biometric, IRIS biometric, Heart biometric, Face biometric, Others) and By Vertical( Government, Retail, Food & Beverages, BFSI, Automobiles, Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2024-2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 8.92 Billion | USD 43.52 Billion | 17.2% | 2023 |
Table Of Content
- Chapter 1. Executive Summary
- Chapter 2. Biometric Payments market – By components Analysis
- 2.1. Global Biometric Payments Market – By components Overview
- 2.2. Global Biometric Payments Market Share, by By components, 2018 & 2025 (USD Million)
- 2.3. Hardware
- 2.3.1. Global Hardware Biometric Payments Market, 2016-2026 (USD Million)
- 2.4. Software
- 2.4.1. Global Software Biometric Payments Market, 2016-2026 (USD Million)
- Chapter 3. Biometric Payments market – By technulogy Analysis
- 3.1. Global Biometric Payments Market – By technulogy Overview
- 3.2. Global Biometric Payments Market Share, by By technulogy, 2018 & 2025 (USD Million)
- 3.3. Fingerprint biometric
- 3.3.1. Global Fingerprint biometric Biometric Payments Market, 2016-2026 (USD Million)
- 3.4. Voice biometric
- 3.4.1. Global Voice biometric Biometric Payments Market, 2016-2026 (USD Million)
- 3.5. IRIS biometric
- 3.5.1. Global IRIS biometric Biometric Payments Market, 2016-2026 (USD Million)
- 3.6. Heart biometric
- 3.6.1. Global Heart biometric Biometric Payments Market, 2016-2026 (USD Million)
- 3.7. Face biometric
- 3.7.1. Global Face biometric Biometric Payments Market, 2016-2026 (USD Million)
- 3.8. Others
- 3.8.1. Global Others Biometric Payments Market, 2016-2026 (USD Million)
- Chapter 4. Biometric Payments market – By Vertical Analysis
- 4.1. Global Biometric Payments Market – By Vertical Overview
- 4.2. Global Biometric Payments Market Share, by By Vertical, 2018 & 2025 (USD Million)
- 4.3. Government
- 4.3.1. Global Government Biometric Payments Market, 2016-2026 (USD Million)
- 4.4. Retail
- 4.4.1. Global Retail Biometric Payments Market, 2016-2026 (USD Million)
- 4.5. Food & Beverages
- 4.5.1. Global Food & Beverages Biometric Payments Market, 2016-2026 (USD Million)
- 4.6. BFSI
- 4.6.1. Global BFSI Biometric Payments Market, 2016-2026 (USD Million)
- 4.7. Automobiles
- 4.7.1. Global Automobiles Biometric Payments Market, 2016-2026 (USD Million)
- 4.8. Others
- 4.8.1. Global Others Biometric Payments Market, 2016-2026 (USD Million)
- Chapter 5. Biometric Payments market – Regional Analysis
- 5.1. Global Biometric Payments Market Regional Overview
- 5.2. Global Biometric Payments Market Share, by Region, 2018 & 2025 (Value)
- 5.3. North America
- 5.3.1. North America Biometric Payments Market size and forecast, 2016-2026
- 5.3.2. North America Biometric Payments Market, by Country, 2018 & 2025 (USD Million)
- 5.3.3. North America Biometric Payments Market, by By components, 2016-2026
- 5.3.3.1. North America Biometric Payments Market, by By components, 2016-2026 (USD Million)
- 5.3.4. North America Biometric Payments Market, by By technulogy, 2016-2026
- 5.3.4.1. North America Biometric Payments Market, by By technulogy, 2016-2026 (USD Million)
- 5.3.5. North America Biometric Payments Market, by By Vertical, 2016-2026
- 5.3.5.1. North America Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
- 5.3.6. U.S.
- 5.3.6.1. U.S. Market size and forecast, 2016-2026 (USD Million)
- 5.3.6. U.S.
- 5.3.5.1. North America Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
- 5.3.7. Canada
- 5.3.7.1. Canada Market size and forecast, 2016-2026 (USD Million)
- 5.4. Europe
- 5.4.1. Europe Biometric Payments Market size and forecast, 2016-2026
- 5.4.2. Europe Biometric Payments Market, by Country, 2018 & 2025 (USD Million)
- 5.4.3. Europe Biometric Payments Market, by By components, 2016-2026
- 5.4.3.1. Europe Biometric Payments Market, by By components, 2016-2026 (USD Million)
- 5.4.4. Europe Biometric Payments Market, by By technulogy, 2016-2026
- 5.4.4.1. Europe Biometric Payments Market, by By technulogy, 2016-2026 (USD Million)
- 5.4.5. Europe Biometric Payments Market, by By Vertical, 2016-2026
- 5.4.5.1. Europe Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
- 5.4.6. Germany
- 5.4.6.1. Germany Market size and forecast, 2016-2026 (USD Million)
- 5.4.7. France
- 5.4.7.1. France Market size and forecast, 2016-2026 (USD Million)
- 5.4.8. U.K.
- 5.4.8.1. U.K. Market size and forecast, 2016-2026 (USD Million)
- 5.4.8. U.K.
- 5.4.7.1. France Market size and forecast, 2016-2026 (USD Million)
- 5.4.9. Italy
- 5.4.9.1. Italy Market size and forecast, 2016-2026 (USD Million)
- 5.4.10. Spain
- 5.4.10.1. Spain Market size and forecast, 2016-2026 (USD Million)
- 5.4.11. Rest of Europe
- 5.4.11.1. Rest of Europe Market size and forecast, 2016-2026 (USD Million)
- 5.5. Asia Pacific
- 5.5.1. Asia Pacific Biometric Payments Market size and forecast, 2016-2026
- 5.5.2. Asia Pacific Biometric Payments Market, by Country, 2018 & 2025 (USD Million)
- 5.5.3. Asia Pacific Biometric Payments Market, by By components, 2016-2026
- 5.5.3.1. Asia Pacific Biometric Payments Market, by By components, 2016-2026 (USD Million)
- 5.5.4. Asia Pacific Biometric Payments Market, by By technulogy, 2016-2026
- 5.5.4.1. Asia Pacific Biometric Payments Market, by By technulogy, 2016-2026 (USD Million)
- 5.5.5. Asia Pacific Biometric Payments Market, by By Vertical, 2016-2026
- 5.5.5.1. Asia Pacific Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
- 5.5.6. China
- 5.5.6.1. China Market size and forecast, 2016-2026 (USD Million)
- 5.5.7. Japan
- 5.5.7.1. Japan Market size and forecast, 2016-2026 (USD Million)
- 5.5.8. India
- 5.5.8.1. India Market size and forecast, 2016-2026 (USD Million)
- 5.5.9. South Korea
- 5.5.9.1. South Korea Market size and forecast, 2016-2026 (USD Million)
- 5.5.10. South-East Asia
- 5.5.10.1. South-East Asia Market size and forecast, 2016-2026 (USD Million)
- 5.5.11. Rest of Asia Pacific
- 5.5.11.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Million)
- 5.6. Latin America
- 5.6.1. Latin America Biometric Payments Market size and forecast, 2016-2026
- 5.6.2. Latin America Biometric Payments Market, by Country, 2018 & 2025 (USD Million)
- 5.6.3. Latin America Biometric Payments Market, by By components, 2016-2026
- 5.6.3.1. Latin America Biometric Payments Market, by By components, 2016-2026 (USD Million)
- 5.6.4. Latin America Biometric Payments Market, by By technulogy, 2016-2026
- 5.6.4.1. Latin America Biometric Payments Market, by By technulogy, 2016-2026 (USD Million)
- 5.6.5. Latin America Biometric Payments Market, by By Vertical, 2016-2026
- 5.6.5.1. Latin America Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
- 5.6.6. Brazil
- 5.6.6.1. Brazil Market size and forecast, 2016-2026 (USD Million)
- 5.6.7. Mexico
- 5.6.7.1. Mexico Market size and forecast, 2016-2026 (USD Million)
- 5.6.8. Rest of Latin America
- 5.6.8.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Million)
- 5.7. The Middle-East and Africa
- 5.7.1. The Middle-East and Africa Biometric Payments Market size and forecast, 2016-2026
- 5.7.2. The Middle-East and Africa Biometric Payments Market, by Country, 2018 & 2025 (USD Million)
- 5.7.3. The Middle-East and Africa Biometric Payments Market, by By components, 2016-2026
- 5.7.3.1. The Middle-East and Africa Biometric Payments Market, by By components, 2016-2026 (USD Million)
- 5.7.4. The Middle-East and Africa Biometric Payments Market, by By technulogy, 2016-2026
- 5.7.4.1. The Middle-East and Africa Biometric Payments Market, by By technulogy, 2016-2026 (USD Million)
- 5.7.5. The Middle-East and Africa Biometric Payments Market, by By Vertical, 2016-2026
- 5.7.5.1. The Middle-East and Africa Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
- 5.7.6. GCC Countries
- 5.7.6.1. GCC Countries Market size and forecast, 2016-2026 (USD Million)
- 5.7.7. South Africa
- 5.7.7.1. South Africa Market size and forecast, 2016-2026 (USD Million)
- 5.7.8. Rest of Middle-East Africa
- 5.7.8.1. Rest of Middle-East Africa Market size and forecast, 2016-2026 (USD Million)
- Chapter 6. Biometric Payments market – Competitive Landscape
- 6.1. Competitor Market Share – Revenue
- 6.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
- 6.3. Strategic Development
- 6.3.1. Acquisitions and Mergers
- 6.3.2. New Products
- 6.3.3. Research & Development Activities
- Chapter 7. Company Profiles
- 7.1. Fingerprint Cards
- 7.1.1. Company Overview
- 7.1.2. Fingerprint Cards Revenue and Gross Margin
- 7.1.3. Product portfulio
- 7.1.4. Recent initiatives
- 7.2. Precise Biometrics
- 7.2.1. Company Overview
- 7.2.2. Precise Biometrics Revenue and Gross Margin
- 7.2.3. Product portfulio
- 7.2.4. Recent initiatives
- 7.3. Aware Inc
- 7.3.1. Company Overview
- 7.3.2. Aware Inc Revenue and Gross Margin
- 7.3.3. Product portfulio
- 7.3.4. Recent initiatives
- 7.4. iProov
- 7.4.1. Company Overview
- 7.4.2. iProov Revenue and Gross Margin
- 7.4.3. Product portfulio
- 7.4.4. Recent initiatives
- 7.5. Nymi
- 7.5.1. Company Overview
- 7.5.2. Nymi Revenue and Gross Margin
- 7.5.3. Product portfulio
- 7.5.4. Recent initiatives
- 7.6. Cognitec
- 7.6.1. Company Overview
- 7.6.2. Cognitec Revenue and Gross Margin
- 7.6.3. Product portfulio
- 7.6.4. Recent initiatives
- 7.7. Gemalto
- 7.7.1. Company Overview
- 7.7.2. Gemalto Revenue and Gross Margin
- 7.7.3. Product portfulio
- 7.7.4. Recent initiatives
- 7.8. Zwipe
- 7.8.1. Company Overview
- 7.8.2. Zwipe Revenue and Gross Margin
- 7.8.3. Product portfulio
- 7.8.4. Recent initiatives
- 7.9. IDEX
- 7.9.1. Company Overview
- 7.9.2. IDEX Revenue and Gross Margin
- 7.9.3. Product portfulio
- 7.9.4. Recent initiatives
- 7.10. HID Global
- 7.10.1. Company Overview
- 7.10.2. HID Global Revenue and Gross Margin
- 7.10.3. Product portfulio
- 7.10.4. Recent initiatives
- 7.11. FingoPay
- 7.11.1. Company Overview
- 7.11.2. FingoPay Revenue and Gross Margin
- 7.11.3. Product portfulio
- 7.11.4. Recent initiatives
- 7.12. IDEMIA
- 7.12.1. Company Overview
- 7.12.2. IDEMIA Revenue and Gross Margin
- 7.12.3. Product portfulio
- 7.12.4. Recent initiatives
- 7.1. Fingerprint Cards
- Chapter 8. Biometric Payments — Industry Analysis
- 8.1. Biometric Payments Market – Key Trends
- 8.1.1. Market Drivers
- 8.1.2. Market Restraints
- 8.1.3. Market Opportunities
- 8.2. Value Chain Analysis
- 8.3. Technology Roadmap and Timeline
- 8.4. Biometric Payments Market – Attractiveness Analysis
- 8.4.1. By By components
- 8.4.2. By By technulogy
- 8.4.3. By By Vertical
- 8.4.4. By Region
- 8.1. Biometric Payments Market – Key Trends
- Chapter 9. Marketing Strategy Analysis, Distributors
- 9.1. Marketing Channel
- 9.2. Direct Marketing
- 9.3. Indirect Marketing
- 9.4. Marketing Channel Development Trend
- 9.5. Economic/Pulitical Environmental Change
- Chapter 10. Report Conclusion
- Chapter 11. Research Approach & Methodology
- 11.1. Report Description
- 11.2. Research Scope
- 11.3. Research Methodology
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.3.3. Models
- 11.3.3.1. Company Share Analysis Model
- 11.3.3.2. Revenue Based Modeling
- 11.3.3.3. Research Limitations
Table Of Figures
List Of Figure
FIG. 1 Global Biometric Payments Market, 2016-2026 (USD Million)
FIG. 2 Global Biometric Payments Market Share, by By components, 2018 & 2025 (USD Million)
FIG. 3 Global Hardware Biometric Payments Market, 2016-2026 (USD Million)
FIG. 4 Global Software Biometric Payments Market, 2016-2026 (USD Million)
FIG. 5 Global Biometric Payments Market Share, by By technology, 2018 & 2025 (USD Million)
FIG. 6 Global Fingerprint biometric Biometric Payments Market, 2016-2026 (USD Million)
FIG. 7 Global Voice biometric Biometric Payments Market, 2016-2026 (USD Million)
FIG. 8 Global IRIS biometric Biometric Payments Market, 2016-2026 (USD Million)
FIG. 9 Global Heart biometric Biometric Payments Market, 2016-2026 (USD Million)
FIG. 10 Global Face biometric Biometric Payments Market, 2016-2026 (USD Million)
FIG. 11 Global Others Biometric Payments Market, 2016-2026 (USD Million)
FIG. 12 Global Biometric Payments Market Share, by By Vertical, 2018 & 2025 (USD Million)
FIG. 13 Global Government Biometric Payments Market, 2016-2026 (USD Million)
FIG. 14 Global Retail Biometric Payments Market, 2016-2026 (USD Million)
FIG. 15 Global Food & Beverages Biometric Payments Market, 2016-2026 (USD Million)
FIG. 16 Global BFSI Biometric Payments Market, 2016-2026 (USD Million)
FIG. 17 Global Automobiles Biometric Payments Market, 2016-2026 (USD Million)
FIG. 18 Global Others Biometric Payments Market, 2016-2026 (USD Million)
FIG. 19 Global Biometric Payments Market Share, by Region, 2018 & 2025
FIG. 20 North America Biometric Payments Market, 2016-2026
FIG. 21 U.S. Biometric Payments Market, 2016-2026
FIG. 22 Canada Biometric Payments Market, 2016-2026
FIG. 23 Europe Biometric Payments Market, 2016-2026
FIG. 24 Germany Biometric Payments Market, 2016-2026
FIG. 25 France Biometric Payments Market, 2016-2026
FIG. 26 U.K. Biometric Payments Market, 2016-2026
FIG. 27 Italy Biometric Payments Market, 2016-2026
FIG. 28 Spain Biometric Payments Market, 2016-2026
FIG. 29 Rest of Europe Biometric Payments Market, 2016-2026
FIG. 30 Asia Pacific Biometric Payments Market, 2016-2026
FIG. 31 China Biometric Payments Market, 2016-2026
FIG. 32 Japan Biometric Payments Market, 2016-2026
FIG. 33 India Biometric Payments Market, 2016-2026
FIG. 34 South Korea Biometric Payments Market, 2016-2026
FIG. 35 South-East Asia Biometric Payments Market, 2016-2026
FIG. 36 Rest of Asia Pacific Biometric Payments Market, 2016-2026
FIG. 37 Latin America Biometric Payments Market, 2016-2026
FIG. 38 Brazil Biometric Payments Market, 2016-2026
FIG. 39 Mexico Biometric Payments Market, 2016-2026
FIG. 40 Rest of Latin America Biometric Payments Market, 2016-2026
FIG. 41 The Middle-East and Africa Biometric Payments Market, 2016-2026
FIG. 42 GCC Countries Biometric Payments Market, 2016-2026
FIG. 43 South Africa Biometric Payments Market, 2016-2026
FIG. 44 Rest of Middle-East Africa Biometric Payments Market, 2016-2026
FIG. 45 Competitor Market Share – Revenue
FIG. 46 Fingerprint Cards Revenue and Growth Rate
FIG. 47 Fingerprint Cards Market Share
FIG. 48 Precise Biometrics Revenue and Growth Rate
FIG. 49 Precise Biometrics Market Share
FIG. 50 Aware Inc Revenue and Growth Rate
FIG. 51 Aware Inc Market Share
FIG. 52 iProov Revenue and Growth Rate
FIG. 53 iProov Market Share
FIG. 54 Nymi Revenue and Growth Rate
FIG. 55 Nymi Market Share
FIG. 56 Cognitec Revenue and Growth Rate
FIG. 57 Cognitec Market Share
FIG. 58 Gemalto Revenue and Growth Rate
FIG. 59 Gemalto Market Share
FIG. 60 Zwipe Revenue and Growth Rate
FIG. 61 Zwipe Market Share
FIG. 62 IDEX Revenue and Growth Rate
FIG. 63 IDEX Market Share
FIG. 64 HID Global Revenue and Growth Rate
FIG. 65 HID Global Market Share
FIG. 66 FingoPay Revenue and Growth Rate
FIG. 67 FingoPay Market Share
FIG. 68 IDEMIA Revenue and Growth Rate
FIG. 69 IDEMIA Market Share
FIG. 70 Market Dynamics
FIG. 71 Global Biometric Payments – Value Chain Analysis
FIG. 72 Technology Roadmap and Timeline
FIG. 73 Market Attractiveness Analysis – By By components
FIG. 74 Market Attractiveness Analysis – By By technology
FIG. 75 Market Attractiveness Analysis – By By Vertical
FIG. 76 Market Attractiveness Analysis – By Region
FIG. 77 Market Channel
FIG. 78 Marketing Channel Development Trend
FIG. 79 Growth in World Gross Product, 2008-2018
Table Of Tables
List Of Table
TABLE 1 Global Biometric Payments Market, 2018 & 2025 (USD Million)
TABLE 2 Global Biometric Payments market, by By components, 2016-2026 (USD Million)
TABLE 3 Global Biometric Payments market, by By technology, 2016-2026 (USD Million)
TABLE 4 Global Biometric Payments market, by By Vertical, 2016-2026 (USD Million)
TABLE 5 Global Biometric Payments market, by Region, 2016-2026 (USD Million)
TABLE 6 North America Biometric Payments Market, by By components, 2016-2026 (USD Million)
TABLE 7 North America Biometric Payments Market, by By technology, 2016-2026 (USD Million)
TABLE 8 North America Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
TABLE 9 Europe Biometric Payments Market, by By components, 2016-2026 (USD Million)
TABLE 10 Europe Biometric Payments Market, by By technology, 2016-2026 (USD Million)
TABLE 11 Europe Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
TABLE 12 Asia Pacific Biometric Payments Market, by By components, 2016-2026 (USD Million)
TABLE 13 Asia Pacific Biometric Payments Market, by By technology, 2016-2026 (USD Million)
TABLE 14 Asia Pacific Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
TABLE 15 Latin America Biometric Payments Market, by By components, 2016-2026 (USD Million)
TABLE 16 Latin America Biometric Payments Market, by By technology, 2016-2026 (USD Million)
TABLE 17 Latin America Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
TABLE 18 The Middle-East and Africa Biometric Payments Market, by By components, 2016-2026 (USD Million)
TABLE 19 The Middle-East and Africa Biometric Payments Market, by By technology, 2016-2026 (USD Million)
TABLE 20 The Middle-East and Africa Biometric Payments Market, by By Vertical, 2016-2026 (USD Million)
TABLE 21 Global Biometric Payments Market - Company Revenue Analysis 2016-2019 (USD Million)
TABLE 22 Global Biometric Payments Market - Company Revenue Share Analysis 2016-2019(%)
TABLE 23 Acquisitions and Mergers
TABLE 24 New Product/Service Launch
TABLE 25 Research & Development Activities
TABLE 26 Market Drivers
TABLE 27 Market Restraints
TABLE 28 Market Opportunities
Methodology
FrequentlyAsked Questions
Biometric payments refer to a payment method that uses an individual's unique biological characteristics, such as fingerprints, facial recognition, iris scans, or voice recognition, to authenticate and authorize transactions.
The increase in consumer familiarity and demand for biometric sensors has increased the use of this market and is a driving factor for the market. Consumers find this easier to use because selfies like facial recognition or fingerprint sensors can be done within seconds just by touching the screen.
According to a study, the global biometric payments Industry size was $8.92 Billion in 2023 and is projected to reach $43.52 Billion by the end of 2032.
The global biometric payments market is expected to grow at a CAGR of 17.2% during the forecast period.
On the basis of the region, this market is segmented into North America, Asia Pacific, Latin America, Europe and MEA. Among these North America accounts for the largest share of around 45% and is dominating the market in the forecast period because of the highest adoption of biometric systems in the US.
Some of the essential players operating in the Global Biometric Payments Market, but not restricted to include Fingerprint Cards, Precise Biometrics, Aware Inc, iProov, Nymi, Cognitec, Gemalto, Zwipe, IDEX, HID Global, FingoPay, and others.
The global biometric payments market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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