Biometrics Market Share

  • Report ID: 6394
  • Published Date: Sep 05, 2024
  • Report Format: PDF, PPT

Biometrics Market Share

North America Market Statistics

North America biometrics market is expected to account for the largest revenue share of 32.7% during the forecast period. The rapid growth can be attributed to innovations, high-quality technological infrastructure, a high rate of government investments, increased focus on security risks, and leading manufacturers. The large scale of investment in the research and development of advanced biometric systems positions North America as a lucrative market.

The market in the U.S. is expected to hold a significant market share during the forecast period due to the considerably high rate of biometrics usage in government, commercial, and private entities along with the growing demand for advanced biometrics to address security concerns. For instance, the Department of Homeland Security (DHS) has been actively using biometric systems to secure the US borders. Since the U.S. is the largest investor in defense, the investment in advanced biometric technologies is immense boosting the market growth as demands for advanced biometrics rise.

In Canada, the market is expected to grow at a rapid pace owing to large investments in defense and border security, increased use in the healthcare sector, and integration in government services. The government uses biometrics for immigration by setting up various biometric collection sites. For instance, Canada invested USD 4 million in a new biometric app, ReportIn, that will ensure that two photos of an individual match. The rising focus on immigration surveillance and border security boosts the market.

Asia Pacific Market Analysis

Asia Pacific is expected to have significant growth in the biometrics market owing to greater security concerns, increased integration with government programs, and growing digitization of services. In addition, countries such as India, China, and Japan are integrating biometrics into national identification programs and border security.

In India, the Unique Identification Authority of India (UIDAI) issues an Aadhar card that stores the biometric data of the citizens to eliminate duplicates under various welfare schemes to improve the efficiency of delivery mechanisms. India has invested in biometric use in identification documents such as driving licenses and permanent account numbers (PAN). Due to the large population, there is a continuous demand for fingerprint sensors in India, leading to considerable market growth. The government has launched the next generation of biometric standards i.e. L1 which opens up the market to replace all previous biometric components that were certified LO. The high demand for advanced biometrics will continue to drive the market growth.

China is a major player in the global biometrics market owing to the widespread use of facial recognition across several sectors. As per Research Nester, in 2023 facial recognition was used in public services such as to activate tissue dispensers. The increasing use of biometrics integrated with big data and artificial intelligence in China is poised to grow the market rapidly during the forecast period.

Research Nester
Biometrics Market Share
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Author Credits:  Abhishek Verma


  • Report ID: 6394
  • Published Date: Sep 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2023, the industry size of biometrics was 42.1 billion.

The market size for biometrics is projected to cross USD 406.5 billion by the end of 2036 expanding at a CAGR of 20.8% during the forecast period i.e., between 2024-2036.

The major players in the market are Accu-Time systems, Fujitsu Corporation, Thales, Idemia, DERMALOG identification systems, NEC Corporation, InCights, and others.

The hardware segment of the biometrics market will capture the highest market share by the forecast period. The growth of this segment is due to increase in security risks and greater investment in the market by the government and private entities.

The North America biometrics market is poised to hold a 32.7% share by the end of 2036.
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