Abstract
Summary
Biometric payment is a point of sale (POS) technology that uses biometric authentication to identify the user and authorize the deduction of funds from a bank account. Fingerprint payment, based on fingerscanning, is the most common biometric payment method.
LPI (LP Information)' newest research report, the “Biometric Payments Industry Forecast” looks at past sales and reviews total world Biometric Payments sales in 2022, providing a comprehensive analysis by region and market sector of projected Biometric Payments sales for 2023 through 2029. With Biometric Payments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biometric Payments industry.
This Insight Report provides a comprehensive analysis of the global Biometric Payments landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biometric Payments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biometric Payments market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biometric Payments and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biometric Payments.
The global Biometric Payments market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Biometric Payments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Biometric Payments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Biometric Payments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Biometric Payments players cover Fingerprint Cards, Precise Biometrics, Aware, iProov, Nymi, Cognitec, Gemalto, Zwipe and IDEX, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Biometric Payments market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Voice
Face
Fingerprint
Palmprint
Iris
Others
Segmentation by application
Mobile
Wearable Device
Voice-Activated Device
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fingerprint Cards
Precise Biometrics
Aware
iProov
Nymi
Cognitec
Gemalto
Zwipe
IDEX
HID Global
FingoPay
IDEMIA
LPI (LP Information)' newest research report, the “Biometric Payments Industry Forecast” looks at past sales and reviews total world Biometric Payments sales in 2022, providing a comprehensive analysis by region and market sector of projected Biometric Payments sales for 2023 through 2029. With Biometric Payments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biometric Payments industry.
This Insight Report provides a comprehensive analysis of the global Biometric Payments landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biometric Payments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biometric Payments market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biometric Payments and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biometric Payments.
The global Biometric Payments market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Biometric Payments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Biometric Payments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Biometric Payments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Biometric Payments players cover Fingerprint Cards, Precise Biometrics, Aware, iProov, Nymi, Cognitec, Gemalto, Zwipe and IDEX, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Biometric Payments market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Voice
Face
Fingerprint
Palmprint
Iris
Others
Segmentation by application
Mobile
Wearable Device
Voice-Activated Device
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fingerprint Cards
Precise Biometrics
Aware
iProov
Nymi
Cognitec
Gemalto
Zwipe
IDEX
HID Global
FingoPay
IDEMIA
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Biometric Payments Market Size 2018-2029
2.1.2 Biometric Payments Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Biometric Payments Segment by Type
2.2.1 Voice
2.2.2 Face
2.2.3 Fingerprint
2.2.4 Palmprint
2.2.5 Iris
2.2.6 Others
2.3 Biometric Payments Market Size by Type
2.3.1 Biometric Payments Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Biometric Payments Market Size Market Share by Type (2018-2023)
2.4 Biometric Payments Segment by Application
2.4.1 Mobile
2.4.2 Wearable Device
2.4.3 Voice-Activated Device
2.4.4 Others
2.5 Biometric Payments Market Size by Application
2.5.1 Biometric Payments Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Biometric Payments Market Size Market Share by Application (2018-2023)
3 Biometric Payments Market Size by Player
3.1 Biometric Payments Market Size Market Share by Players
3.1.1 Global Biometric Payments Revenue by Players (2018-2023)
3.1.2 Global Biometric Payments Revenue Market Share by Players (2018-2023)
3.2 Global Biometric Payments Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Biometric Payments by Regions
4.1 Biometric Payments Market Size by Regions (2018-2023)
4.2 Americas Biometric Payments Market Size Growth (2018-2023)
4.3 APAC Biometric Payments Market Size Growth (2018-2023)
4.4 Europe Biometric Payments Market Size Growth (2018-2023)
4.5 Middle East & Africa Biometric Payments Market Size Growth (2018-2023)
5 Americas
5.1 Americas Biometric Payments Market Size by Country (2018-2023)
5.2 Americas Biometric Payments Market Size by Type (2018-2023)
5.3 Americas Biometric Payments Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Biometric Payments Market Size by Region (2018-2023)
6.2 APAC Biometric Payments Market Size by Type (2018-2023)
6.3 APAC Biometric Payments Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Biometric Payments by Country (2018-2023)
7.2 Europe Biometric Payments Market Size by Type (2018-2023)
7.3 Europe Biometric Payments Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Biometric Payments by Region (2018-2023)
8.2 Middle East & Africa Biometric Payments Market Size by Type (2018-2023)
8.3 Middle East & Africa Biometric Payments Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Biometric Payments Market Forecast
10.1 Global Biometric Payments Forecast by Regions (2024-2029)
10.1.1 Global Biometric Payments Forecast by Regions (2024-2029)
10.1.2 Americas Biometric Payments Forecast
10.1.3 APAC Biometric Payments Forecast
10.1.4 Europe Biometric Payments Forecast
10.1.5 Middle East & Africa Biometric Payments Forecast
10.2 Americas Biometric Payments Forecast by Country (2024-2029)
10.2.1 United States Biometric Payments Market Forecast
10.2.2 Canada Biometric Payments Market Forecast
10.2.3 Mexico Biometric Payments Market Forecast
10.2.4 Brazil Biometric Payments Market Forecast
10.3 APAC Biometric Payments Forecast by Region (2024-2029)
10.3.1 China Biometric Payments Market Forecast
10.3.2 Japan Biometric Payments Market Forecast
10.3.3 Korea Biometric Payments Market Forecast
10.3.4 Southeast Asia Biometric Payments Market Forecast
10.3.5 India Biometric Payments Market Forecast
10.3.6 Australia Biometric Payments Market Forecast
10.4 Europe Biometric Payments Forecast by Country (2024-2029)
10.4.1 Germany Biometric Payments Market Forecast
10.4.2 France Biometric Payments Market Forecast
10.4.3 UK Biometric Payments Market Forecast
10.4.4 Italy Biometric Payments Market Forecast
10.4.5 Russia Biometric Payments Market Forecast
10.5 Middle East & Africa Biometric Payments Forecast by Region (2024-2029)
10.5.1 Egypt Biometric Payments Market Forecast
10.5.2 South Africa Biometric Payments Market Forecast
10.5.3 Israel Biometric Payments Market Forecast
10.5.4 Turkey Biometric Payments Market Forecast
10.5.5 GCC Countries Biometric Payments Market Forecast
10.6 Global Biometric Payments Forecast by Type (2024-2029)
10.7 Global Biometric Payments Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 Fingerprint Cards
11.1.1 Fingerprint Cards Company Information
11.1.2 Fingerprint Cards Biometric Payments Product Offered
11.1.3 Fingerprint Cards Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 Fingerprint Cards Main Business Overview
11.1.5 Fingerprint Cards Latest Developments
11.2 Precise Biometrics
11.2.1 Precise Biometrics Company Information
11.2.2 Precise Biometrics Biometric Payments Product Offered
11.2.3 Precise Biometrics Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Precise Biometrics Main Business Overview
11.2.5 Precise Biometrics Latest Developments
11.3 Aware
11.3.1 Aware Company Information
11.3.2 Aware Biometric Payments Product Offered
11.3.3 Aware Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 Aware Main Business Overview
11.3.5 Aware Latest Developments
11.4 iProov
11.4.1 iProov Company Information
11.4.2 iProov Biometric Payments Product Offered
11.4.3 iProov Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 iProov Main Business Overview
11.4.5 iProov Latest Developments
11.5 Nymi
11.5.1 Nymi Company Information
11.5.2 Nymi Biometric Payments Product Offered
11.5.3 Nymi Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Nymi Main Business Overview
11.5.5 Nymi Latest Developments
11.6 Cognitec
11.6.1 Cognitec Company Information
11.6.2 Cognitec Biometric Payments Product Offered
11.6.3 Cognitec Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 Cognitec Main Business Overview
11.6.5 Cognitec Latest Developments
11.7 Gemalto
11.7.1 Gemalto Company Information
11.7.2 Gemalto Biometric Payments Product Offered
11.7.3 Gemalto Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 Gemalto Main Business Overview
11.7.5 Gemalto Latest Developments
11.8 Zwipe
11.8.1 Zwipe Company Information
11.8.2 Zwipe Biometric Payments Product Offered
11.8.3 Zwipe Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Zwipe Main Business Overview
11.8.5 Zwipe Latest Developments
11.9 IDEX
11.9.1 IDEX Company Information
11.9.2 IDEX Biometric Payments Product Offered
11.9.3 IDEX Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 IDEX Main Business Overview
11.9.5 IDEX Latest Developments
11.10 HID Global
11.10.1 HID Global Company Information
11.10.2 HID Global Biometric Payments Product Offered
11.10.3 HID Global Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 HID Global Main Business Overview
11.10.5 HID Global Latest Developments
11.11 FingoPay
11.11.1 FingoPay Company Information
11.11.2 FingoPay Biometric Payments Product Offered
11.11.3 FingoPay Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.11.4 FingoPay Main Business Overview
11.11.5 FingoPay Latest Developments
11.12 IDEMIA
11.12.1 IDEMIA Company Information
11.12.2 IDEMIA Biometric Payments Product Offered
11.12.3 IDEMIA Biometric Payments Revenue, Gross Margin and Market Share (2018-2023)
11.12.4 IDEMIA Main Business Overview
11.12.5 IDEMIA Latest Developments
12 Research Findings and Conclusion