Payment for biometrics
2023: Global Biometric Systems Market Size Rises to $33.18 Billion for the Year
In 2023, costs in the global biometric systems market reached $33.18 billion. Demand for such solutions is growing steadily in many areas, as stated in a study by Fortune Business Insights, the results of which TAdviser got acquainted with in mid-December 2024.
One of the main drivers in this industry is the increasing need for security and video surveillance with facial recognition features. Biometric technologies are widely used to identify individuals and restrict access. Various methods are used, including analysis of voice, iris, fingerprints, vein patterns, etc. There is an active introduction of biometrics in consumer electronics: fingerprint scanners and face recognition tools are common in smartphones, laptops and other devices.
The use of biometric systems in health care and financial institutions is growing. Such complexes are increasingly used in healthcare facilities to identify patients, ensure access to medical records, and maintain confidentiality in the provision of telemedicine services. The financial sector is implementing biometrics to prevent fraud, make secure payments and comply with regulatory requirements.
Another important driver is technological advances. The emergence of more accurate and efficient sensors, as well as the use of artificial intelligence and machine learning, increases the reliability of identification. In addition, biometric platforms are overgrown with additional features such as behavioral analysis.
There is an active development of the concept of BaaS (Biometric-as-a-Service) - biometrics as a service. This approach allows organizations to use biometric technologies through cloud platforms, eliminating the need to build their own infrastructure. This significantly reduces the initial costs associated with purchasing the necessary hardware and software. The BaaS model offers flexible access to the latest biometric features for fingerprint, face and voice recognition to meet business requirements. At the same time, the tasks of maintenance, updating components and maintaining security are solved by service providers.
By application, the market is segmented into BFSI (banking, financial services and insurance), military and defense industries, consumer electronics, travel and transport, commercial sector, smart home, public and public administration, etc. The largest share in total revenue in 2023 was provided by the consumer electronics sector - approximately 30%. This is due to the widespread use of biometrics in smartphones, tablets and laptops. From a geographical point of view, the Asia-Pacific region is in the lead, where the costs at the end of 2023 amounted to $17.33 billion against $15.94 billion a year earlier. The ranking of leading players in the global industry includes:
- HID Global Corporation;
- Bio Key International;
- NEC;
- Thales Group;
- Fulcrum Biometric;
- Nuance Communication;
- Precise Biometric;
- Qualcomm Technology;
- Dreamlog Identification System;
- Daon.
At the end of 2024, revenue in the segment of biometric systems is estimated at $36.57 billion. Fortune Business Insights analysts believe that in the future, the CAGR (compound percentage CAGR) will be 15.2%. As a result, by 2032, costs on a global scale could rise to $113.22 billion.[1]
2021
The European Parliament called for a ban on face recognition systems
On October 6, 2021, it became known that the European Parliament called for a ban on law enforcement agencies to use face recognition systems in public places and turn to predictive analytics in their work, a controversial practice that uses artificial intelligence (AI) technologies to profile potential criminals before a crime is committed.
In a resolution overwhelmingly adopted, MEPs also called for a ban on private databases of facial recognition systems like those used by Clearview AI for facial recognition. The European Parliament also supports the European Commission bill on AI technologies, which prohibits social rating systems, such as in China, which assess the reliability of citizens based on their behavior.
The resolution, which is exclusively advisory in nature, gives a clear idea of how the European Parliament will vote on the upcoming discussion of the AI technology bill.
The bill proposed by the European Commission limits the use of remote biometric identification systems (including face recognition systems) in public places, with the exception of special cases when it is necessary to combat serious crimes (for example, terrorism or kidnapping).
Leading negotiator on the AI technology bill Brando Benifei of the Progressive Alliance of Socialists and Democrats (S&D) and almost all of his colleagues from other European Parliament political groups are calling for a complete ban on facial recognition systems. This is in stark contrast to policies pursued in some countries European Union seeking to use these technologies to strengthen their security apparatuses[2] banned[3]
In the EU countries will introduce additional restrictions on the use of AI in video surveillance and video analytics systems
On April 15, 2021, it became known that the European Parliament is preparing amendments to legislation prohibiting the use of artificial intelligence for mass video surveillance of people and assessing social behavior. The exception is military systems. Read more here.
2020
Market volume - $17.28 billion (ResearchAndMarkets data)
Technology sales biometric on a global scale in 2018 amounted to $17.28 billion. Such data are provided by analysts at ResearchAndMarkets, without indicating a comparison with 2017.
At the same time, experts claim that the global market for equipment (readers, controllers, scanners, cameras, etc.) and software for biometrics is on the rise and will remain so in the future. Spending on such products is expected to increase by about 18% annually and reach $17.28 billion by 2027.
The researchers name the following companies as the largest manufacturers of biometric solutions and give them in alphabetical order:
- ASSA Abloy; Aware;
- Bio-Key International;
- Cognitec Systems;
- Daon
- Facebanx;
- Fujitsu;
- Fulcrum Biometrics;
- NEC;
- Precise Biometrics;
- Safran;
- Secunet Security Networks;
- Securiport;
- Stanley Black & Decker;
- Thales.
ResearchAndMarkets notes that several factors contribute to the growth of the biometric market, including threats of terrorist attacks and demand for surveillance systems. As for the barriers that restrain the development of the market, analysts consider the high cost of introducing biometric technologies to be the main one among them.
The most popular species biometric authentications in 2018 was voice recognition. Demand for such systems grew rapidly as consumers sought safer identification mechanisms. Technological advances in biometrics and the growing popularity of voice recognition capabilities in the financial sector are helping lift this segment.
In 2018, the search for new forms of use of biometric technologies continued: there is a trend from their use in traditional state security systems to the field of commercial and user application. Experts identify the following key segments of the biometric technology market by application industry:
- public sector: electronic documents containing biometric data (e-passports, e-ID, electronic driver's licenses), national biometric programs, as well as national security systems (with the exception of systems that are used in transport and immigration control);
- travel and migration: e-Visas2, e-Gates3, ABC-Kiosks4 and other (all biometric systems used in transport infrastructure facilities and in immigration control);
- financial sector: finance, banks, payment systems and insurance;
- health care: both public and private sectors;
- retail: customer monitoring systems;
- corporate use: information security (virtual access control), physical access control, time accounting in large organizations, etc.
The world's largest biometric identification system by the end of 2018 was the Aadhaar system launched in India. More than 1.19 billion people were registered in it, which is over 99% of the country's citizens aged 18 and over.
In terms of regions, the largest sales of biometric technologies in 2018 were in North America. There are several reasons: firstly, there is rapid digitalization in companies, secondly, the popularity of intelligent technologies is increasing in the region, and thirdly, government initiatives to introduce biometrics are actively spreading in the United States and Canada.
In the United States, biometrics is actively used in security systems. For example, the country's law enforcement databases contain biometric information about 117 million American citizens, which was obtained based on the use of facial recognition technology.[4]
China introduces standards for facial recognition systems
On March 16, 2020, it became known that it China introduced updated standards for applications that are assembled, biometric data including for facial recognition systems.
Chinese researchers and developers decided to carefully study the possibilities of facial recognition technology after several scandals erupted in 2019, including about the data breaches deep-fake application Zao. As a result, China has updated its collection biometric data recommendations and consent requirements.
Initially, personal data security standards, which came into force in 2018, were China's response to European GDPR specifications.
The latest law updates, effective October 1, 2019, stipulate that users must actively consent to the collection of biometric data through a pop-up, prompt or other means. Service providers should also inform users about the purpose, method and scope of data collection, and offer other information for study. In the updated standards, companies are also encouraged to keep biometric information separate from identity information, and several data processing clarifications are offered, including third party access.
Chinese app makers have been heavily criticized by users and the government for uncontrolled data collection. Research conducted by Comparitech in December 2019 found that China is the worst at protecting biometric data in almost every way. In November 2019, the first lawsuit was filed in China regarding facial recognition systems, when law professor Guo Bing sued a wildlife park for introducing this technology without notification and consent of visitors[5].
2019: Ranking of countries by use of biometrics presented
Comparitech specialists studied 50 countries for the use and protection of personal data[6]it. In particular, they were interested in the question of where biometric data is collected, for what and how they are stored. Based on this, each country was awarded a corresponding number of points (maximum 25). The higher the score, the more extensive and aggressive the collection of biometric data in this country. Low scores, on the contrary, indicate great restrictions and control in the field of biometrics collection[7] of[8].
The most points (24) scored, China followed by Pakistan Malaysia (21), (20) USA and close the top five, India Indonesia Philippines and Taiwan (19). The top 5 "excellent" countries, where the collection of biometric data is not so tightly and better controlled, will look out as follows: (11 Ireland), Portugal (11), Cyprus (12), Great Britain (12) and (12). Romania
As for Russia, the researchers awarded it 16 points out of 25. Canada, Argentina and Japan received the same amount.
In each country studied by researchers, biometrics is used in banking (for example, fingerprints for authorization in banking applications or identification of customers in the banks themselves). In many countries, biometric data of foreigners is also collected (through visas and checks at airports). Although biometric data is recognized as extremely sensitive information, in many countries their widespread use is allowed. Moreover, most countries use or test CCTV cameras with facial recognition.
As the study showed, in Europe as a whole, the situation with the protection of biometric data is better than beyond its borders. According to experts, this is due to the action in the European Union of the "General Data Protection Regulation" (GDPR).
2018
Spiceworks: Most companies use biometric authentication
Biometric authentication by 2020 will be implemented in 86% of companies in North America and Europe. Such data are provided by analysts of the Spiceworks IT network following a survey of 500 of its members in these regions. The results of the study indicate that 62% of companies have already implemented this method of authentication, and another 24% will come to this in the next two years[9].
Survey participants consider biometrics more reliable than a password or pin code pair. But at the same time, only 10% of respondents consider this method sufficient. The rest are inclined to believe that some additional form should be present.
The most popular authentication method among biometric respondents was fingerprint scanning, 57% of companies use it. This is followed by facial recognition (14%), hand geometry (5%), iris scanners (3%), voice recognition (2%) and palm scanners (2%).
The largest number of respondents said that their organization uses biometrics using a smartphone (46%). In every fourth company, such systems are installed on laptops, another 22% of enterprises have chosen tablets.
At the same time, only 23% of IT specialists believe that biometric authentication will replace traditional text passwords within the next two to three years. The rest indicate the presence of vulnerabilities in biometric systems and the opacity of the process of collecting and storing data by providers of this service.
IBM: Millennials could lead to authentication system change
IBM Security Division of IBM Corporation released a global study in early 2018 [10], addressing consumer opinions on digital identification and authentication. According to its results, when logging into applications and devices, users are more important to the level of security, and not ease of use. Moreover, according to the study, young people pay less importance to the security of traditional identification using a password. To log in, they prefer to use biometrics, multifactor authentication and password manager to increase the personal level of information protection.
As millennials [11] fast becoming a core of the work force market [12] were [13] "how [14] trends revealed in the study could affect how employers and technology companies provide access to devices and applications in the near future. In general, respondents noted the advantages of biometric technologies in the face of a rapidly growing number of threats in the field of digital user identification, for example, fingerprint readers, face recognition and voice.
The IBM Security study "The Future of Identification Systems" was attended by about 4 thousand adults in the United States, Asia-Pacific (APR) and Europe. The purpose of the survey was to obtain user insights about the authentication process. Among the key findings:
- Security is more important than convenience: people called security the most important parameter when entering most applications, especially when these applications are associated with monetary transactions.
- Biometrics is becoming "mainstream": 67% of respondents successfully use biometric authentication, while 87% of respondents said they will use this technology in the future.
- Millennials leave passwords in the past: 75% of millennials already use biometric identification. At the same time, less than half of them use complex passwords to log in, and 41% reuse their passwords. Older people pay more attention to creating a strong password, but are less likely to use biometrics and multifactor authentication.
- The APR countries are leading in the introduction of biometrics: Respondents from the countries of the Asia-Pacific region turned out to be the most aware in this matter and more often than others turn to biometric authentication, while American users are significantly inferior to them in these indicators.
The evolution of threats and technologies has led to common problems with traditional login based on passwords and personal information in online identity authentication. So, in 2017, due to data leaks, passwords, personal information and even social security numbers of millions of users were in the public domain. In addition, the average Internet user in the United States manages more than 150 online accounts with passwords. That number is expected to increase to 300 accounts in the coming years.
2017: Asia outpaces Europe in biometrics adoption rate
According to the report "Faith in Technology," prepared in May 2017 by HSBC, countries in Asia and the Middle East are ahead of the West in the introduction of biometric technologies. India tops the list of countries with the largest distribution of biometric identification tools, whose residents are three times more likely (9%) to use "iris recognition" for identification than residents of any other country (3%) that participated in the [15].
The Chinese are more willing than others to use fingerprint scanners (40%). They are followed by Indians (31) and UAE residents (25%). At the same time, the report says that only 9% of French and Germans, and 14% of Canadians used fingerprint scanning technology for identification.
At the same time, the regular use of traditional technologies, such as password-based identification, is most common in the West. When it comes to cash management, people in India (50%) and China (48%) are far more likely to trust computer advice than people, while for Canada and the UK the figure was 18% and 21% respectively.
In addition, Germany is characterized by the lowest level of banking using smartphones or tablets: only 4% of respondents said they prefer to use mobile banking. For comparison, in Hong Kong, the share of adherents of mobile banking was 9%, in the UAE - 15%.
The report was compiled based on the results of studying the responses of 12,019 respondents from 11 countries and regions - Canada, China, Germany, India, France Hong Kong Mexico, Singapore, UAE, Great Britain and. USA
2016
Tractica
The annual global revenue from the implementation of hardware and software biometric solutions will grow from $2.4 billion in 2016 to $15.1 billion by 2025. The combined CAGR will be 22.9%. Over the entire ten-year forecast period, the cumulative income of biometrics will be $69.8 billion. Fingerprint, voice, iris and facial recognition will prevail among biometric technologies, Tractica analysts say.
The biometric solutions market is now experiencing rapid growth due to the merger of developer companies. Integration processes will create better solutions. In addition, biometrics is developing rapidly in the consumer, industrial and government segments. This is because users gradually become disgusted with traditional methods of identification and authentication (such as password and questions to recover a lost password).
J’son & Partners Consulting и Acuity Research
According to J'son & Partners Consulting estimates, the global biometric systems market will reach more than $14 billion at the end of 2016. For the next 6 years, the average CAGR growth rate for the biometric market will be 18.6%, and the projected market size by 2022 will grow to $40 billion.
The given biometric market volume estimates are based on key players' revenue indicators by segment and take into account hardware, software and integration, while not taking into account the costs associated with further maintenance of systems, if it is assumed by the project.
Government initiatives
Government initiatives aimed at ensuring national security continue to be a key focus for the global biometric market. Acuity Research estimates that the annual number of e-ID e-documents worldwide will increase from 600 million in 2015 to 740 million in 2018. In total, by 2018, the world will have about 3.5 billion electronic documents (biometric passports and others). At the same time, Europe is the region where the growth rate of the transition to e-ID is the highest in the world: according to Gemalto estimates, by 2018, 150 million people will become e-ID holders in Europe (this is the 30% of the population of the entire region).
More than half of the UN member states already issue biometric passports. Notable examples of the implementation of programs for the transition to biometric electronic documents in 2015-2016 are:
- five-year SGI (Canada) contract with Veridos for the production of cards and the supply of software for driver's licenses and other IDs (identification by person, contract value $10.7 million);
- Colorado Department of Revenue's Division of Motor Vehicles (USA) six-year contract with Gemalto to implement biometric driver's licenses (fingerprint and face identification);
- delivery in 2016 of 10 million ID cards in Chile as part of the National Biometrics Program (the supplier was Safran, in the country 57% of the population already have electronic IDs, it is planned that the entire population will be covered by the program by 2022);
- as well as other projects in Ukraine, Belarus, Moldova, Lithuania, Hungary, Bangladesh, Senegal, Rwanda, etc.
A significant role in shaping government needs for biometric technology is played by the immigration control segment to identify refugees and people crossing the border illegally. Such systems are being introduced especially actively against the background of the consequences of the Arab Spring. The UN High Commissioner for Refugees has developed special plans for the use of biometric technologies. In 2015-2016 in the USA, Great Britain and Germany, test projects were implemented and systems for collecting biometric data on foreigners at checkpoints, biometric identification and registration of refugees (fingerprints and iris) began to be introduced.
Separately, large-scale government projects of the "biometric census" of the population should be highlighted. In particular, the SIBIOS program in Argentina, according to which all 40 million residents of the country, including babies, will be gradually introduced into the system. In India, the country's authorities in September 2010 began implementing the world's largest biometric program Aadhaar to identify the 1.2 billion population of their country with a total budget of more than $30 billion.
Another important area of use of biometric technologies is voting systems for elections (voter identification). Such projects are being implemented in Brazil, Mexico and a number of African countries.
Traveller identification
This segment is actively growing due to the use of passenger identification systems at key transport points: e-Visas, e-Gates, ABC-Kiosks, as well as video surveillance systems using face recognition technologies. The world is actively developing programs for identifying travelers around the world (many of which are initiated by the United States): NEXUS in Canada, CLEAR in the USA, FAST in Singapore, SENTRI (USA, Mexico, Canada), Programa Viajero Confidential in Mexico, Registered Traveler Citizen Prediction in Ireland and the UAE, US Global Entry in New Zealand, SES in Korea and others. Until 2018, the European Union plans to introduce electronic control over the crossing of the borders of the EU member states (the smart borders project).
According to Acuity, by the end of 2017, the number of ABC kiosks installed in the world will be about 1.5 thousand units. Biometric self-service kiosks will be used at 49 airports around the world. Key regions for further distribution of ABC kiosks: Europe,, Asia Latin America and the Middle East. e-Gates have similar growth rates. Smart gate systems at airports are also planned to be introduced by 12 European countries (Spain,, France the Netherlands,,, Germany Finland Sweden, Estonia, Hungary, Greece,,). Italy Romania
Despite the fact that the public sector continues to "hold" a significant share of the global market for biometric systems, in the next 5-7 years, biometrics, passing the stages of piloting and testing, will shift towards active use in commercial and consumer segments. At the same time, the key growth drivers of the global biometric systems market are mobile biometrics and the financial sector.
Mobile Devices with Biometrics
According to Juniper Research, in the next 6 years, the average annual growth rate of the market for mobile devices with biometrics functions will be almost 26%, and their number in the world will increase from 160 million to 760 million units in 2016-2022. The smartphone is gradually becoming a multi-biometric device. In addition to fingerprint sensors, technologies are already being used that allow face identification using a smartphone camera. Cameras that allow you to scan your fingerprint in a contactless way will become widespread. All phones (not just smartphones) can be used to integrate voice biometrics.
Experts consider iris identification technologies to be the most promising for the mobile segment:
- The presented flagship Samsung Galaxy Note 7 is equipped with an iris scanner. In addition, Samsung plans to introduce a vein pattern scanner into the Galaxy Gear S3 smartwatch (the company has filed a patent).
- The integration of the front camera with the built-in iris scanner (into the G6 smartphone) was announced in 2016 by the company. LG The company plans to launch its own system. contactless payments
- Hitachi announced in 2016 that it had developed technology to scan the pattern of finger veins with high accuracy using a conventional camera built into a smartphone.
Fujitsu also introduced an improved palm pattern scanner, which is 80% smaller than the previously released scanner, which makes it possible to install it in a tablet and even a smartphone. Fujitsu already has a Stylistic Q736 tablet computer that recognizes the identity of the owner from the pattern of veins in the palm of your hand.
Biometric technologies in payment systems
Biometric technologies are beginning to be actively used by payment systems. For example, PayPal it plans to partner with a manufacturer electronic engineers Lenovo and the largest semiconductor manufacturer Intel to enable users to identify payments on personal computers using fingerprints. Earlier (in 2014), PayPal debuted in the biometric payments market for (smartphones a fingerprint app for the Galaxy S5).
MasterCard back in 2014, together with Zwipe, he developed a plastic card with a built-in sensor for recognizing the fingerprints of cardholders, which allows you to bank contactless and without entering a pin code. In 2016, MasterCard also launches Identity Check Mobile technology (already available in the UK, Austria,,, Denmark, Belgium Czech Republic Finland, Germany, Hungary,, Netherlands Norway, and; Spain the Sweden plans are to deploy the technology worldwide in several phases in 2017). The technology allows online shoppers to verify their identity using a fingerprint scanner on a smartphone or using facial recognition technology by taking selfies. The company also considers the prospects for the use of the so-called "internal" technologies of biometric identification (beating, hearts venous pattern), considering them quite progressive and more reliable.
The real breakthrough in the market was the launch of mobile wallets: Apple Pay, Samsung Wallet (formerly Samsung Pay) and Android Pay (70% of all transactions are made by Apple and Samsung), where a mobile phone and biometric technologies are used to make a payment.
Biometrics in the banking sector The key promising areas of biometrics use in the banking sector are:
- ATM;
- call centers;
- identification of users for access to the mobile banking application, as well as for making payments;
- identification of customers by credit departments;
- access to deposit cells.
Banks pilot projects are being launched around the world to test different biometric technologies. For example, two major banks in Singapore - DBS and OCBC - use voice recognition systems in their call centers. CityGroup has also integrated voice biometrics into its divisions in the Asian region, in total the bank plans to connect about 1 million customers to the service. In the UK, Barclays (in partnership with Hitachi) uses finger vein identification technology - access to mobile applications and payment authorization. The number of examples of the use of biometric technologies in the banking and insurance sectors is growing exponentially. According to J'son & Partners Consulting estimates, the period 2015-2016. 26% of all biometric projects considered in the world belong to the banking sector, and their geography is very extensive - Canada, USA, Mexico, Costa Rica, Guatemala, Netherlands, France, Great Britain,,,, China India Japan South Korea Singapore, Qatar, Pakistan Kuwait, REPUBLIC OF SOUTH AFRICA and other countries.
Other areas of application of biometric technologies in the corporate sector, retail, medicine, education and others are described in more detail in the full version of the report.
Biometric technologies, demonstrating higher growth rates, will continue to actively "displace" card systems in the commercial corporate segment, where the retail sector continues to look especially attractive.
According to J'son & Partners Consulting, finger technologies continue to lead the global market for biometric systems, but the fastest growing segments in the next 5-7 years will be iris, voice and vein identification technologies.
Major Geographic Biometrics Markets
The most active countries in the implementation of biometric projects in 2015-2016 were the USA, Great Britain, Canada, India, Japan, China, France, Brazil South Korea and Germany, the Netherlands, as well as South Africa, Saudi Arabia, Nigeria the UAE, and Mexico. The biometric systems market, North America which is currently the largest, will lose its share by 2022, and Latin America, Asia and the Middle East look like the most promising regions for the introduction of biometrics.
58% of mail.com users prefer biometric authentication passwords
A study by YouGov found that 58% of Americans prefer passwords to biometric authentication techniques such as eye scans or facial recognition. The study, conducted on behalf of the American e-mail portal mail.com, involved more than 1000 Americans over the age of 18. [16].
42% of the study participants do not want companies to store and use their personal biometric data, and less than 10% of respondents were sufficiently confident that this technology does not carry risk. Other results show that only 10% of Americans use fingerprint sensors, and methods such as eye, face and voice recognition are resorted to by just 2% of participants.
The study also shows that 42% of those surveyed worry about not being able to access their online accounts in the event of disruption. Almost a third of respondents said their concern was the vulnerability of biometric methods because criminals could access or bypass biometric methods.
2015
Grand View Research: Biometrics sales to top $24.6 billion in 2020
Grand View Research published a new review in February 2015, which formulated forecasts for the development of the global biometric market for the next six years. The authors of the review are confident that in 2020 the volume of the industry market will be $24.6 billion.
Analysts at Grand View Research highlighted the leading growth segments in global biometrics. Its development will be stimulated by the further integration of mobile and biometric technologies, and the need for this integration itself, in turn, will determine the needs of owners of smartphones and tablets for reliable and convenient means of protecting information, which, for example, are fingerprint scanners.
Another promising segment is transport and logistics: its share in 2020 will exceed 25% of the total biometric market. However, the authors of the review approach the definition of this segment very widely, including biometric passports and other areas of use of biometrics in border control and the fight against illegal migration. There is logic in this approach, since biometric technologies are indeed widely used at airports and other transport nodes, but still it seems overly comprehensive.
More than 35% will be the share of biometric systems based on fingerprint identification and used for "civilian" purposes (access control, etc.), but not in the activities of law enforcement agencies. However, the latter will also increase the use of biometrics, as well as units of the armed forces, as well as banks and other credit organizations.
In terms of regional aspects, the biometric market will not undergo much change: its largest share will continue to fall on North America (primarily on the United States). But Asia-Pacific will make a significant contribution to the development of biometrics; biometric market in India, China and Indonesia will develop at the fastest pace.
Tractica: Biometrics market $2 billion in 2015, 14.9 billion in 2024
Tractica estimated in early 2015 that the global funds market will biometric authentications grow from $2 billion in 2015 to $14.9 billion by 2024. Annual sales growth for the specified period is estimated at 25.3% per year. In total, according to the company, suppliers of such funds will earn $67.8 billion over a ten-year period.
Biometric identification tools are expected to be used especially actively in government agencies, healthcare, the financial sector and the user segment. In addition, such funds will be widely used in corporate applications, military and legal spheres, as well as in NGOs.
One of the factors in the rapid growth of the market will be the widespread use of mobile payment systems (according to 451 Research, the Apple Pay payment system will become the locomotive in this area). The dominant technologies are expected to be fingerprint, iris scans, as well as an electrocardiogram and voice recognition tools.
There is another forecast: for example, TechSci Research believes that the biometric authentication market will grow until 2020 at a rate of 14% per year, and will reach $21 billion by this time.
Tractica prepared the'Voice and Speech Recognition[17]' report in the summer of 2015, in which it estimated that the total number of projects that include elements of biometric user authentication using voice will grow worldwide from 49 million in 2015 to 565.8 million in 2024.
In general, the global volume of the authentication market using voice recognition will increase, according to Tractica experts, in monetary terms from $249 million in 2015 to $5.1 billion in 2024. The annual growth rate of the market is estimated at 40%.
The company expects a sharp revival in the voice authentication market by actively introducing such capabilities into mobile devices. In addition, the company predicts a wider use of this method in medicine: for example, to access medical records. In addition, this type of authentication is expected to be widely used to access wearable devices, to regulate access to contact centers, as well as to authenticate the owner of a car.
Gartner: A third of businesses will use AD on mobile devices by 2016
Gartner predicts that a third of businesses will use biometric authentication on mobile devices by 2016. As of February 2014, this figure was estimated at 5%.
"Mobile users stubbornly resist the authentication methods that are necessary to protect access from mobile devices," said Ant Allan, vice president of Gartner research.
Most organizations require a strong password on laptops, but smartphones and tablets often have access to the same applications and critical data, but not the same level of protection. The growing number of devices in use also increases the vulnerability of sensitive data. The introduction of standard power-on password policies made it much more difficult to accept the realities of BYOD, making a conflict of user rights and royalties inevitable.
Gartner recommends that devices that have access to corporate information have a password policy that requires at least six alphanumeric characters with dictionary word disallowance, implemented by the Mobile Device Administration (MDM) tools.
Gartner recommends that information security managers consider biometric authentication methods in situations where greater reliability is required. Such methods can be: interactivity of the interface, recognition of voice or facial features, as well as the iris of the eye. These methods can be used in conjunction with a password to achieve greater authentication reliability without requiring any significant changes in user behavior.
Moreover, since the mobile device itself is a whole warehouse of contextual information certifying the owner, this information can also be used to increase confidence in its authenticity. It is likely that this combination of passive biometric authentication and contextual authentication will provide sufficient certainty in medium-risk scenarios without requiring "pass-through" authentication events using passwords or tokens.
It is also important, when planning a comprehensive authentication policy that includes mobile devices, to take into account the burden that falls on organizations and users.
"The introduction of different authentication methods for different devices will eventually become unbearable," Allan writes. - Authentication methods suitable for mobile devices should also be suitable for PCs. The combination of X.509 identification on the connected device, simple biometric methods and contextual authentication is likely to give what you need. "
Goode Intelligence: More than 1 billion people will use biometrics for financial services by 2017
By 2017, more than one billion people will be using biometric technology to obtain financial services, according to a study by Goode Intelligence. The agency also predicts that by the end of 2015, 450 million bank customers through biometrics will carry out transactions such as cash withdrawals from ATMs, identity identification in a telephone conversation with the operator, as well as authorization in a mobile banking application.
The study indicates that the financial industries of the European Union, North America and China will come to a national identification system based on biometric technologies. Regulators, in turn, will refer to the need to use biometrics as part of two- or multifactor authentication and biometric bank cards tied to the national identification system.
Penetration of ATMs with biometric authorization will increase both among those regions where they have already appeared, and in those where the PIN code is still the main method of authentication. Among other things, the technology of using the biometric capabilities of a smartphone to access the functionality of an ATM (OOBBA) will become more widespread.
2014
Transparency Market Research: Biometrics market to grow 20% annually through 2019
Transparency Market Research analysts predict (summer 2014 data) that the biometric technology market will grow by 20.8% annually from 2013 to 2019. Biometric technologies mean facial recognition systems, voices, signatures, iris, fingerprint, palm geometry and other features (for example, DNA or individual printing rhythm).
The study, entitled "Biometrics Technology (Face, Hand geometry, Voice, Signature, Iris, AFIS, Non-AFIS and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013-2019," claims the growth will be driven by the need for anti-terrorism measures and crime control.
The most popular biometric technology will be fingerprint recognition. In recent years, the cost of fingerprint sensors has dropped significantly, which has led to increased use in smartphones and tablets.
In second place is the recognition of the iris of the eye. In this segment, the most active growth rates of market volumes are expected - by more than 28.6% per year. This is due to the high identification accuracy that the iris gives.
Finally, active growth is expected in the segment of multimodal biometric identification, that is, in the market for systems that combine identification by several unique features of the human body.
The most active users of biometric identification technologies will be the transport, logistics and border control sectors. Already in 2012, these sectors owned more than 50% of the total procurement of biometric solutions. This situation will continue until 2019, analysts say.
The new trend will be the active deployment of biometric solutions in the banking and financial sectors. This segment will become the fastest growing in the described period.
Among other areas of application of biometric technologies will be the public sector, defense, consumer electronics, healthcare, private property protection, commercial security, as well as, to a lesser extent, retail, hotel sector, cars and even computer games.
Geographically, the most successful supplier of biometric technologies in the next 5 years will be North America. This region will own about 32.1% of the total revenue of the biometric market.
In turn, the most rapid growth of companies producing biometric solutions is expected in the Asia-Pacific region. This is facilitated by the active development of local economies, in particular in India, China, Australia and Japan. In terms of growth, this region will overtake even Europe and the United States.
As for individual suppliers, Safran Morpho, 3M Cogent, NEC Corporation, DigitalPersona and Accu-Time Systems were named among the potential market leaders.
Next Generation Biometric Technologies Market - Global Forecast & Analysis: Biometrics sales to reach $13.8 billion by 2017
The forecast, entitled Next Generation Biometric Technologies Market - Global Forecast & Analysis (2012-2017), states that the total revenue from the sale of biometric technologies around the world by 2017 will reach $13.89 billion. At the same time, the annual increase will be 18.7%, analysts say. Data for December 2013[18]
By "biometric technologies" experts mean all technologies related to the recognition and authentication of people by the features of their bodies, such as face, fingerprint, voice, iris, DNA, as well as handwriting - in particular, personal signature.
Biometric technologies have become a crucial part of the security market, according to analysts at Markets & Markets. This was not least helped by the rise of border-crossing fraud: illegal immigration, visa forgery, unauthorized border crossings.
biometric Identification devices are increasingly installed in airport terminals, train stations, shopping malls and centers. Biometric technologies allow you to correctly authenticate a person with a slight level of error, experts say.
The forecast looks at various types of biometric identification applications - facial, fingerprint, iris, voice, signature, vein pattern and DNA recognition.
Of the above types, three have the greatest market potential: face, fingerprint, and iris recognition. At the moment, they are used in most identification applications - for example, in banks, ATMs and various government organizations.
Biometric identification technologies have the potential for use in the public sector, banking and finance, border control, the defense industry, consumer electronics, ensuring the safety of individuals and organizations, as well as in healthcare.
The spread of biometric technologies can be expected in any industry where security is at the forefront. Of the above, these are, first of all, the public sector, defense and banking, analysts say.
Possible areas of application in the public sector include means of electronic voting, electronic passports, licenses for various kinds of activities (for example, for carrying weapons), access to state institutions, etc. In the banking sector, biometrics will be used to control access to accounts, ATMs and security systems.
Geographically, the largest share of the biometrics market will be in the United States and Canada. They are followed by the European Union and, finally, the Asia-Pacific region, to which Western analysts traditionally include the Russian Federation. In addition, the spread of biometrics can be expected in Africa and the Middle East.
2013
WinterGreen Research: $16.7 billion biometrics market in 2019
$16.7 billion - this will be the volume of the global biometric market in 2019 according to the forecast of WinterGreen Research. Data for November 2013.
Compared to 2012, when the above figure amounted to $5.2 billion, the volume of the global market biometrics in the next seven years will more than triple. WinterGreen Research analysts believe that the increased need for biometric systems will be due to the desire to minimize threats to global security, more effectively counter terrorist attacks, reduce crime, and ensure reliable protection of airports and other transport hubs. The development of biometric passport and ID-card systems, the issuance of biometric driver's licenses, and the further distribution of biometric border control systems will contribute.
The authors of the forecast allocated three countries to a special group - Russia, India and Mexico. In these states, the biometric market will grow at an extraordinary pace, experts at WinterGreen Research say.
GIA: BA sales forecast by face and voice - $2.9 billion in 2018
Marketing company GIA published a review in early 2013 on the development of biometric face and voice identification technologies. According to the authors of the forecast, the volume of the corresponding segment of the global market may reach $2.9 billion by 2018.
GIA analysts believe that an increase in the need for biometrics (including face and voice identification technologies) will contribute to increased interest in ensuring security and countering terrorist attacks, racial and ethnic violence, crime and other illegal actions.
The largest regional market in the analyzed segment will remain the United States. As for the speed of development of biometric identification technologies by voice and face, here the countries of the Asia-Pacific region will demonstrate the highest results: the average annual growth rate of the technologies under consideration, calculated in complex percentages (CAGR), will reach 28.5% in them. For the biometric face identification technology segment, the global CAGR will be 19%.
MarketsandMarkets: BA sales forecast by face - $6.5 billion
MarketsandMarkets published a review in the summer of 2013 on the current state and prospects for the development of the global market for biometric face identification systems. The size of this market may increase from $1.92 billion in 2013 to $6.5 billion in 2018.
Thus, the average annual growth rate of the analyzed market, calculated in complex percentages, will amount to 27.7% in the next five years. The market will contribute primarily to the needs of government agencies, as well as the continued distribution of video surveillance systems. In addition, according to the authors of the review, the use of the technologies under consideration in consumer electronics devices and mobile gadgets opens up good opportunities; it is possible that "cloud" services based on biometric face identification will receive further development.
Now the largest regional segment of the market in question remains the states of North America, but in five years this picture may change, and the countries of the Asia-Pacific region will take leadership.
2012
Frost & Sullivan: Sales of biometrics in APR countries will grow by 12% per year until 2017.
Frost & Sullivan published in the fall of 2012 a new forecast for the development of the biometric market in the Asia-Pacific region (APR). According to the authors of the forecast, in 2011 the volume of this market amounted to about $500 million, and in the next five years its average annual growth rate, calculated in complex percentages, will reach 12.6%.
For the APR countries, the priority is now to form the infrastructure of national identification and border control systems. The role of biometrics technologies in solving this problem is so great that the biometric market in the Asia-Pacific region will develop faster than in North America, the Middle East and European countries.
The most striking feature of the formation of the biometric market in the Asia-Pacific region was the formation of systems of national identification cards containing information about the biometric parameters of their owners (primarily fingerprints). Biometric ID-cards help the government bodies of the APR countries to effectively identify the identity of respectable citizens and counteract the activities of rebel groups.
However, the ongoing financial crisis also affects the implementation of national biometric programs in the Asia-Pacific countries. Frost & Sullivan analysts believe that under these conditions, biometric companies should present comprehensive solutions to government customers. This requirement also applies to the composition of biometric identifiers, information about which is used in ID cards and other identity documents, and to the functionality of the biometric systems themselves, which should, for example, be more closely and effectively integrated with video surveillance tools.
Another feature of the industry market in the context of the financial crisis, the authors of the review consider the trend towards consolidation. Joining forces helps small companies overcome a fairly high "threshold of entry" into the biometric market, but at the same time does not eliminate competition, but, on the contrary, strengthens it. A positive consequence of consolidation is the emergence of the possibility of launching new innovative and high-tech products on the market.
Global biometrics is dominated by fingerprint identification technologies (they account for more than 60% of the total industry market). Frost & Sullivan estimates that by 2013, the global market for biometric tools used in credit institutions will exceed two billion dollars, and almost 90% of sales of biometric information protection tools in the financial sector are accounted for by solutions that recognize users by fingerprints.
Biometrics Research Group: Sales of fingerprint biometrics will grow 2 times by 2015 g
In 2012, Biometrics Research Group published a forecast for the development of the global biometric market. According to the estimates of the authors of the forecast, the volume of this market will grow more than 2 times in three years - from $ 7 billion. US 2012 to $15 billion in 2015
The largest segment of the biometric market will continue to form fingerprint ID systems. If the segment accounted for $5 billion in 2012, this figure will reach $10 billion by 2015.
The authors of the forecast estimate the total sales of biometric ID systems by face, iris, vein pattern and voice in 2010 at $2 billion; in 2015, this volume may increase to 5 billion.
According to analysts at Biometrics Research Group, biometric technologies have significant scope for further development - especially in large corporate structures. Biometric technologies can enhance corporate security by eliminating the need for numerous identifiers that can be successfully replaced with unique biometric characteristics for each person.
According to the authors of the forecast, the most actively biometric technologies over the next 3 years will be introduced in organizations of the financial sector, healthcare and e-commerce.
2011
GIA: Global Biometric Market Outlook 2011-2017
Global Industry Analysts (GIA) published a review in November 2011 on the state and trends of the global biometric market. According to GIA analysts, by 2017 the volume of this market will amount to $16.47 billion. UNITED STATES .
The main incentive for the development of world biometrics remains the need to effectively counter terrorist threats. The importance of biometric technologies in integrated security is steadily increasing, which is especially pronounced, for example, at airports and other important infrastructure facilities.
The authors of the review consider the implementation of projects for the transition to biometric passports and the active use of biometrics in visa processing and in the control of migration flows to be another important factor contributing to the growing need for biometric systems and technologies. Justifying this thesis, GIA analysts refer to the following large projects:
- EURODAC (European Database of Fingerprints of Refugee Applicants and Foreigners Crossing State Borders Irregularly European Union);
- Visa Information System (VIS), which accumulates information about fingerprints of Schengen visa applicants;
- The Schengen Information System (SIS II), which contains, in particular, information about biometric identifiers of persons who are wanted, missing or whose stay in the Schengen zone is undesirable.
According to the authors of the review, the development of biometric technologies is also stimulated by the widespread awareness that other methods of identification (by passwords, photographs, PIN codes) are very limited in their capabilities and are becoming more vulnerable and unsafe.
GIA analysts are confident that the scope of identification will biometric grow both in the public sector and in commercial companies. The most important trend in the development of the industry is the convergence of various biometric technologies: it is it that can ensure the further growth of the global biometrics market and the profitability of investments in biometric systems.
RNCOS: Sales of biometrics will grow by 23% in the year to 2013
RNCOS (India) published in March 2011 a short-term forecast for the development of the global biometric market. Indian experts have confirmed optimistic estimates of the prospects for this market and now believe that its average annual growth rate will be in 2011-2013. 23% (previously analysts said a maximum of 20-22%).
Three giants biometrics (fingerprint, face and iris identification technologies) will account for 84% of the total industry market by the end of 2013. According to the authors of the forecast, this is due to the growing popularity of the mentioned biometric technologies in the financial sector (including the widespread use of biometric ATMs), retail new generation passport systems and border control systems.
The development of fingerprint identification technologies is especially promising, since these technologies have been and remain the most common and familiar for the vast majority of users. RNCOS analysts also believe that the use of biometrics technologies will expand in the next 3 years to ensure the security of e-commerce and remote payments.
Read also
- Information Security Solutions and Projects Catalog - Biometric Identification
- Biometric Market Today
- Biometric identification (Russian market)
- National Biometric Platform (NBP)
- Biometric Identification (Global Market)
- Biometric identification technologies
- Biometrics myths
- A brief history of biometrics
- Biometrics and Border Control
- ACS
- Biometric Time and Attendance Systems
- Video surveillance systems
- Video analytics
- Authentication systems
- Information Security - Fraud Detection System (Fraud)
Notes
- ↑ Biometric System Market Size, Share & Industry Analysis
- ↑ [https://www.securitylab.ru/news/525333.php , the European Parliament has called for face recognition systems to be
- ↑ .]
- ↑ Global Biometrics Market Outlook to 2027: Impact of COVID-19 - ResearchAndMarkets.com
- ↑ China introduced standards for facial recognition systems
- ↑ 50 countries ranked by how they're collecting biometric data and what they're doing with
- ↑ [https://www.securitylab.ru/news/503168.php and government supervision. A rating of countries on the use
- ↑ ]biometrics is presented
- ↑ Most companies use biometric authentication
- ↑ The original English version of the press release "IBM Future of Identity Study: Millennials Poisoned to Disrupt Authentication Landscape" was published on January 29, 2018
- ↑ are
- ↑ today, 55% of respondents
- ↑ concerned about
- ↑ data is used"; 50% were concerned that "people use fake/false biometric data to access their information,"
- ↑ studyBased on PLUSworld.ru materials , thepaypers.com
- ↑ According to The Paypers, PLUSworld.ru
- ↑ Voice and Speech Recognition
- ↑ Biometric technologies will generate more than $13 billion by 2017.