Global Biometric Payments Market Research Report 2023

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.

The global Biometric Payments market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Biometric Payments is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Biometric Payments is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Biometric Payments in Mobile is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Biometric Payments include Fingerprint Cards, Precise Biometrics, Aware, iProov, Nymi, Cognitec, Gemalto, Zwipe and IDEX, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Biometric Payments, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biometric Payments.

The Biometric Payments market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Biometric Payments market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Biometric Payments companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Biometric Payments Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Voice

1.2.3 Face

1.2.4 Fingerprint

1.2.5 Palmprint

1.2.6 Iris

1.2.7 Others

1.3 Market by Application

1.3.1 Global Biometric Payments Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Mobile

1.3.3 Wearable Device

1.3.4 Voice-Activated Device

1.3.5 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Biometric Payments Market Perspective (2018-2029)

2.2 Biometric Payments Growth Trends by Region

2.2.1 Global Biometric Payments Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Biometric Payments Historic Market Size by Region (2018-2023)

2.2.3 Biometric Payments Forecasted Market Size by Region (2024-2029)

2.3 Biometric Payments Market Dynamics

2.3.1 Biometric Payments Industry Trends

2.3.2 Biometric Payments Market Drivers

2.3.3 Biometric Payments Market Challenges

2.3.4 Biometric Payments Market Restraints

3.1 Global Top Biometric Payments Players by Revenue

3.1.1 Global Top Biometric Payments Players by Revenue (2018-2023)

3.1.2 Global Biometric Payments Revenue Market Share by Players (2018-2023)

3.2 Global Biometric Payments Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Biometric Payments Revenue

3.4 Global Biometric Payments Market Concentration Ratio

3.4.1 Global Biometric Payments Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Biometric Payments Revenue in 2022

3.5 Biometric Payments Key Players Head office and Area Served

3.6 Key Players Biometric Payments Product Solution and Service

3.7 Date of Enter into Biometric Payments Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Biometric Payments Historic Market Size by Type (2018-2023)

4.2 Global Biometric Payments Forecasted Market Size by Type (2024-2029)

5.1 Global Biometric Payments Historic Market Size by Application (2018-2023)

5.2 Global Biometric Payments Forecasted Market Size by Application (2024-2029)

6.1 North America Biometric Payments Market Size (2018-2029)

6.2 North America Biometric Payments Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Biometric Payments Market Size by Country (2018-2023)

6.4 North America Biometric Payments Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Biometric Payments Market Size (2018-2029)

7.2 Europe Biometric Payments Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Biometric Payments Market Size by Country (2018-2023)

7.4 Europe Biometric Payments Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Biometric Payments Market Size (2018-2029)

8.2 Asia-Pacific Biometric Payments Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Biometric Payments Market Size by Region (2018-2023)

8.4 Asia-Pacific Biometric Payments Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Biometric Payments Market Size (2018-2029)

9.2 Latin America Biometric Payments Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Biometric Payments Market Size by Country (2018-2023)

9.4 Latin America Biometric Payments Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Biometric Payments Market Size (2018-2029)

10.2 Middle East & Africa Biometric Payments Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Biometric Payments Market Size by Country (2018-2023)

10.4 Middle East & Africa Biometric Payments Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Fingerprint Cards

11.1.1 Fingerprint Cards Company Detail

11.1.2 Fingerprint Cards Business Overview

11.1.3 Fingerprint Cards Biometric Payments Introduction

11.1.4 Fingerprint Cards Revenue in Biometric Payments Business (2018-2023)

11.1.5 Fingerprint Cards Recent Development

11.2 Precise Biometrics

11.2.1 Precise Biometrics Company Detail

11.2.2 Precise Biometrics Business Overview

11.2.3 Precise Biometrics Biometric Payments Introduction

11.2.4 Precise Biometrics Revenue in Biometric Payments Business (2018-2023)

11.2.5 Precise Biometrics Recent Development

11.3 Aware

11.3.1 Aware Company Detail

11.3.2 Aware Business Overview

11.3.3 Aware Biometric Payments Introduction

11.3.4 Aware Revenue in Biometric Payments Business (2018-2023)

11.3.5 Aware Recent Development

11.4 iProov

11.4.1 iProov Company Detail

11.4.2 iProov Business Overview

11.4.3 iProov Biometric Payments Introduction

11.4.4 iProov Revenue in Biometric Payments Business (2018-2023)

11.4.5 iProov Recent Development

11.5 Nymi

11.5.1 Nymi Company Detail

11.5.2 Nymi Business Overview

11.5.3 Nymi Biometric Payments Introduction

11.5.4 Nymi Revenue in Biometric Payments Business (2018-2023)

11.5.5 Nymi Recent Development

11.6 Cognitec

11.6.1 Cognitec Company Detail

11.6.2 Cognitec Business Overview

11.6.3 Cognitec Biometric Payments Introduction

11.6.4 Cognitec Revenue in Biometric Payments Business (2018-2023)

11.6.5 Cognitec Recent Development

11.7 Gemalto

11.7.1 Gemalto Company Detail

11.7.2 Gemalto Business Overview

11.7.3 Gemalto Biometric Payments Introduction

11.7.4 Gemalto Revenue in Biometric Payments Business (2018-2023)

11.7.5 Gemalto Recent Development

11.8 Zwipe

11.8.1 Zwipe Company Detail

11.8.2 Zwipe Business Overview

11.8.3 Zwipe Biometric Payments Introduction

11.8.4 Zwipe Revenue in Biometric Payments Business (2018-2023)

11.8.5 Zwipe Recent Development

11.9 IDEX

11.9.1 IDEX Company Detail

11.9.2 IDEX Business Overview

11.9.3 IDEX Biometric Payments Introduction

11.9.4 IDEX Revenue in Biometric Payments Business (2018-2023)

11.9.5 IDEX Recent Development

11.10 HID Global

11.10.1 HID Global Company Detail

11.10.2 HID Global Business Overview

11.10.3 HID Global Biometric Payments Introduction

11.10.4 HID Global Revenue in Biometric Payments Business (2018-2023)

11.10.5 HID Global Recent Development

11.11 FingoPay

11.11.1 FingoPay Company Detail

11.11.2 FingoPay Business Overview

11.11.3 FingoPay Biometric Payments Introduction

11.11.4 FingoPay Revenue in Biometric Payments Business (2018-2023)

11.11.5 FingoPay Recent Development

11.12 IDEMIA

11.12.1 IDEMIA Company Detail

11.12.2 IDEMIA Business Overview

11.12.3 IDEMIA Biometric Payments Introduction

11.12.4 IDEMIA Revenue in Biometric Payments Business (2018-2023)

11.12.5 IDEMIA Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Biometric Payments Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Voice

    Table 3. Key Players of Face

    Table 4. Key Players of Fingerprint

    Table 5. Key Players of Palmprint

    Table 6. Key Players of Iris

    Table 7. Key Players of Others

    Table 8. Global Biometric Payments Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Biometric Payments Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 10. Global Biometric Payments Market Size by Region (2018-2023) & (US$ Million)

    Table 11. Global Biometric Payments Market Share by Region (2018-2023)

    Table 12. Global Biometric Payments Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 13. Global Biometric Payments Market Share by Region (2024-2029)

    Table 14. Biometric Payments Market Trends

    Table 15. Biometric Payments Market Drivers

    Table 16. Biometric Payments Market Challenges

    Table 17. Biometric Payments Market Restraints

    Table 18. Global Biometric Payments Revenue by Players (2018-2023) & (US$ Million)

    Table 19. Global Biometric Payments Market Share by Players (2018-2023)

    Table 20. Global Top Biometric Payments Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Biometric Payments as of 2022)

    Table 21. Ranking of Global Top Biometric Payments Companies by Revenue (US$ Million) in 2022

    Table 22. Global 5 Largest Players Market Share by Biometric Payments Revenue (CR5 and HHI) & (2018-2023)

    Table 23. Key Players Headquarters and Area Served

    Table 24. Key Players Biometric Payments Product Solution and Service

    Table 25. Date of Enter into Biometric Payments Market

    Table 26. Mergers & Acquisitions, Expansion Plans

    Table 27. Global Biometric Payments Market Size by Type (2018-2023) & (US$ Million)

    Table 28. Global Biometric Payments Revenue Market Share by Type (2018-2023)

    Table 29. Global Biometric Payments Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 30. Global Biometric Payments Revenue Market Share by Type (2024-2029)

    Table 31. Global Biometric Payments Market Size by Application (2018-2023) & (US$ Million)

    Table 32. Global Biometric Payments Revenue Market Share by Application (2018-2023)

    Table 33. Global Biometric Payments Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 34. Global Biometric Payments Revenue Market Share by Application (2024-2029)

    Table 35. North America Biometric Payments Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. North America Biometric Payments Market Size by Country (2018-2023) & (US$ Million)

    Table 37. North America Biometric Payments Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Europe Biometric Payments Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Europe Biometric Payments Market Size by Country (2018-2023) & (US$ Million)

    Table 40. Europe Biometric Payments Market Size by Country (2024-2029) & (US$ Million)

    Table 41. Asia-Pacific Biometric Payments Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Asia-Pacific Biometric Payments Market Size by Region (2018-2023) & (US$ Million)

    Table 43. Asia-Pacific Biometric Payments Market Size by Region (2024-2029) & (US$ Million)

    Table 44. Latin America Biometric Payments Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Latin America Biometric Payments Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Latin America Biometric Payments Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Middle East & Africa Biometric Payments Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 48. Middle East & Africa Biometric Payments Market Size by Country (2018-2023) & (US$ Million)

    Table 49. Middle East & Africa Biometric Payments Market Size by Country (2024-2029) & (US$ Million)

    Table 50. Fingerprint Cards Company Detail

    Table 51. Fingerprint Cards Business Overview

    Table 52. Fingerprint Cards Biometric Payments Product

    Table 53. Fingerprint Cards Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 54. Fingerprint Cards Recent Development

    Table 55. Precise Biometrics Company Detail

    Table 56. Precise Biometrics Business Overview

    Table 57. Precise Biometrics Biometric Payments Product

    Table 58. Precise Biometrics Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 59. Precise Biometrics Recent Development

    Table 60. Aware Company Detail

    Table 61. Aware Business Overview

    Table 62. Aware Biometric Payments Product

    Table 63. Aware Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 64. Aware Recent Development

    Table 65. iProov Company Detail

    Table 66. iProov Business Overview

    Table 67. iProov Biometric Payments Product

    Table 68. iProov Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 69. iProov Recent Development

    Table 70. Nymi Company Detail

    Table 71. Nymi Business Overview

    Table 72. Nymi Biometric Payments Product

    Table 73. Nymi Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 74. Nymi Recent Development

    Table 75. Cognitec Company Detail

    Table 76. Cognitec Business Overview

    Table 77. Cognitec Biometric Payments Product

    Table 78. Cognitec Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 79. Cognitec Recent Development

    Table 80. Gemalto Company Detail

    Table 81. Gemalto Business Overview

    Table 82. Gemalto Biometric Payments Product

    Table 83. Gemalto Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 84. Gemalto Recent Development

    Table 85. Zwipe Company Detail

    Table 86. Zwipe Business Overview

    Table 87. Zwipe Biometric Payments Product

    Table 88. Zwipe Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 89. Zwipe Recent Development

    Table 90. IDEX Company Detail

    Table 91. IDEX Business Overview

    Table 92. IDEX Biometric Payments Product

    Table 93. IDEX Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 94. IDEX Recent Development

    Table 95. HID Global Company Detail

    Table 96. HID Global Business Overview

    Table 97. HID Global Biometric Payments Product

    Table 98. HID Global Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 99. HID Global Recent Development

    Table 100. FingoPay Company Detail

    Table 101. FingoPay Business Overview

    Table 102. FingoPay Biometric Payments Product

    Table 103. FingoPay Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 104. FingoPay Recent Development

    Table 105. IDEMIA Company Detail

    Table 106. IDEMIA Business Overview

    Table 107. IDEMIA Biometric Payments Product

    Table 108. IDEMIA Revenue in Biometric Payments Business (2018-2023) & (US$ Million)

    Table 109. IDEMIA Recent Development

    Table 110. Research Programs/Design for This Report

    Table 111. Key Data Information from Secondary Sources

    Table 112. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Biometric Payments Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Biometric Payments Market Share by Type: 2022 VS 2029

    Figure 3. Voice Features

    Figure 4. Face Features

    Figure 5. Fingerprint Features

    Figure 6. Palmprint Features

    Figure 7. Iris Features

    Figure 8. Others Features

    Figure 9. Global Biometric Payments Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 10. Global Biometric Payments Market Share by Application: 2022 VS 2029

    Figure 11. Mobile Case Studies

    Figure 12. Wearable Device Case Studies

    Figure 13. Voice-Activated Device Case Studies

    Figure 14. Others Case Studies

    Figure 15. Biometric Payments Report Years Considered

    Figure 16. Global Biometric Payments Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 17. Global Biometric Payments Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 18. Global Biometric Payments Market Share by Region: 2022 VS 2029

    Figure 19. Global Biometric Payments Market Share by Players in 2022

    Figure 20. Global Top Biometric Payments Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Biometric Payments as of 2022)

    Figure 21. The Top 10 and 5 Players Market Share by Biometric Payments Revenue in 2022

    Figure 22. North America Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. North America Biometric Payments Market Share by Country (2018-2029)

    Figure 24. United States Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Canada Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Europe Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Europe Biometric Payments Market Share by Country (2018-2029)

    Figure 28. Germany Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. France Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. U.K. Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Italy Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Russia Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Nordic Countries Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Asia-Pacific Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Asia-Pacific Biometric Payments Market Share by Region (2018-2029)

    Figure 36. China Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Japan Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. South Korea Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Southeast Asia Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. India Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Australia Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Latin America Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Latin America Biometric Payments Market Share by Country (2018-2029)

    Figure 44. Mexico Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Brazil Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Middle East & Africa Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Middle East & Africa Biometric Payments Market Share by Country (2018-2029)

    Figure 48. Turkey Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 49. Saudi Arabia Biometric Payments Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 50. Fingerprint Cards Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 51. Precise Biometrics Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 52. Aware Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 53. iProov Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 54. Nymi Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 55. Cognitec Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 56. Gemalto Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 57. Zwipe Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 58. IDEX Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 59. HID Global Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 60. FingoPay Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 61. IDEMIA Revenue Growth Rate in Biometric Payments Business (2018-2023)

    Figure 62. Bottom-up and Top-down Approaches for This Report

    Figure 63. Data Triangulation

    Figure 64. Key Executives Interviewed