Report Highlights
The global market for biometric technologies should grow from $25.8 billion in 2019 to $71.7 billion by 2024 at a compound annual growth rate (CAGR) of 22.7% for the period of 2019-2024.
Report Includes
- 84 data tables
- Brief overview of the biometrics and affective computing technologies in various applications
- Analyses of the global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Quantitative and qualitative study of biometric technologies by product type, application, end user industry, deployment type, and major geographical region
- Insight into government regulations, current trends and technological updates within biometrics that can shape future marketplace
- A relevant patent analysis covering biometrics and affective computing technological innovations
- Company profiles of leading biometric equipment manufacturers and their product portfolios
- Company profiles of major global players Apple Inc., Bayometric, Cmitech Co. Ltd., Denso Wave Inc. and Union Community Co. Ltd.
Report Scope
This report studies the global as well as regional markets for biometric technologies and devices, identifying newer markets and exploring the expansion of the current application market for various types of biometric devices. A realistic five-year forecast has been made for the future global and markets for different types of biometric technologies and devices. The applications for each type of biometric technology are discussed with a view to establishing global as well as regional usage. A future forecast has been made for such applications.
The report also studies the product and technology life cycles of various types of biometric devices and the methods employed by different manufacturers and users in maintaining ecological balance. Also discussed are the several types of recently developed biometric technologies are becoming more popular in various applications. The report also profiles the major manufacturers and suppliers of biometric devices and looks at the mergers and acquisitions in this field.
This report has been prepared in a simple easy-to-understand format, with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of biometric devices, with reasons given for variations in the growth of the industry in certain regions. The report examines each type of biometric technology, determines its current market size, and estimates its future market. The report also analyzes the market from the manufacturers’ viewpoint as well as that of the final consumer. A number of technological issues arising out of the utilization of biometric technologies are discussed, and solutions are indicated. The use of biometric technologies in government and public sector institutions are discussed in detail, along with the markets for these sectors.
Analyst Credentials
The author of this report is a mechanical engineer with more than 40 years of experience in designing factory layouts and setting up factories. He has set up factories for the production of weighing machines and dynamic balancing machines in India and has experience in the design, production and servicing of the above equipment. He was senior vice president of M/S Schenck Avery Ltd., an Indo-German joint venture, and set up the electronics department for manufacturing various types of electronic weighing and dynamic balancing equipment. He has authored several technology market research reports for BCC Research.
Related Reports
Mobile Health (mHealth) Technologies and Global Markets
The global market for Mobile Health (mHealth) Technologies is expected to grow from $91.4 billion in 2025 and is projected to reach $201.1 billion by the end of 2030, at a compound annual growth rate (CAGR) of 17.1% during the forecast period of 2025 to 2030.
Self-Service Markets: ATMs, Kiosks, Vending Machines
The global market for self-service is estimated to increase from $40.3 billion in 2022 to reach $63.0 billion by 2027, at a compound annual growth rate (CAGR) of 9.4% from 2022 through 2027.
RFID: Technology, Applications, and Global Markets
The global market for RFID technology is estimated to increase from $33.5 billion in 2022 to reach $49.7 billion by 2027, at a compound annual growth rate (CAGR) of 8.2% from 2022 through 2027.
Mobile Wallet and Payment Technologies: Global Markets
The global mobile wallet and payment technologies market should reach $12.6 trillion by 2027 from $4.5 trillion in 2022 at a compound annual growth rate (CAGR) of 23.1% for the forecast period of 2022 to 2027.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Data Center Networking Technologies: Global Markets
The global market for data center networking technologies is expected to grow from $45.8 billion in 2025 and is projected to reach $103 billion by the end of 2030, at a compound annual growth rate (CAGR) of 17.6% during the forecast period of 2025 to 2030.
State of the Digital World Industry - Third Quarter Review
Discover Q3 2025 digital industry insights from BCC Research. Explore AI, connectivity, and innovation trends shaping the future of digital transformation.
AI in Food Safety and Quality Control Market
This report provides an in-depth analysis of the global market for AI in food safety and quality control. It highlighting key trends, market growth drivers, technological innovations, regulatory dynamics, and strategic opportunities for stakeholders across the food ecosystem.
GCC Country-Level Market Entry Guidelines
This report presents a country-level market entry analysis for the GCC (Gulf Cooperation Council) region, covering Saudi Arabia, the UAE, Qatar, Kuwait, Oman and Bahrain. It explores the competitive landscape to understand market saturation levels, leading companies, and white space opportunities in sectors such as energy, manufacturing, retail, healthcare, technology, financial services, and education. The report outlines actionable recommendations and market entry strategies for each GCC country.
Global Data Center Market
The global market for data centers is expected to grow from $418.2 billion in 2025 and is projected to reach $691.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.6% during the forecast period of 2025 to 2030.
Top Trending Reports
Contract Manufacturing of Medical Devices: Global Markets
The global market for contract manufacturing of medical devices is estimated to grow from $96.4 billion in 2025 to reach $155.2 billion by 2030, at a compound annual growth rate (CAGR) of 10% from 2025 to 2030.
Bioprocess Filtration: Global Markets
The global market for bioprocess filtration is estimated to grow from $8.4 billion in 2025 to reach $15.6 billion by 2030, at a compound annual growth rate (CAGR) of 13.1% from 2025 through 2030.
Global Data Center Market
The global market for data centers is expected to grow from $418.2 billion in 2025 and is projected to reach $691.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.6% during the forecast period of 2025 to 2030.
Biological Therapies for Cancer: Technologies and Global Markets
The global biological therapies market for cancer is expected to grow from $157 billion in 2025 and is projected to reach $225 billion by the end of 2030, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2025 to 2030.
Immunotherapy Drugs: Global Markets
The global immunotherapy drugs market is expected to grow from $260.7 billion in 2025 and is projected to reach $467.4 billion by the end of 2030, at a compound annual growth rate (CAGR) of 12.4% during the forecast period of 2025 to 2030.
Report Highlights
The global market for biometric technologies totaled $14.9 billion in 2015 and is expected to reach $41.5 billion by 2020 increasing at a compound annual growth rate (CAGR) of 22.7% from 2015 to 2020.
Report Includes
- An overview of the market for biometric technologies, including fingerprint, face, iris, vein, and voice technologies.
- Analyses of market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- Information on product life cycles and technology life cycles of various types of biometric devices and the methods employed by different manufacturers and users in maintaining ecological balance
- Discussion covering the variations in the growth of the industry in certain regions.
- Information on the latest merger and acquisition activity in the industry
- Profiles of major manufacturers and suppliers of biometric devices
Report Highlights
The global market for biometric technologies is estimated to be $8.7 billion in 2013. In 2014, the forecasted revenues will likely reach almost $11.2 billion and $27.5 billion by 2019, demonstrating a compound annual growth rate (CAGR) of 19.8%.
Report Includes
- An overview of the market for biometric technologies, including fingerprint, face, iris, vein, and voice technologies.
- Analyses of market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Discussion covering the variations in the growth of the industry in certain regions.
Report Highlights
-
The global market for various biometric technologies is poised for sustained growth throughout the forecast period. This market is estimated at $5 billion in 2010 and is expected to reach a value of nearly $12 billion by 2015, a compound annual growth rate (CAGR) of 18.9%.
-
The market for AFIS and fingerprint biometric technologies account for the greatest share of the global biometrics market and is forecast to continue to be the main source of overall market revenues from 2010 to 2015 and beyond. This sector is valued at $2.7 billion in 2010 and is expected to increase at a 19.6% compound annual growth rate (CAGR) to reach nearly $6.6 billion in 2015.
-
Face, iris, vein, and voice recognition biometric technologies together form the second largest segment. This sector is worth an estimated $1.4 billion in 2010 and is expected to reach $3.5 billion in 2015, a compound annual growth rate (CAGR) of 19.9%.
Report Highlights
-
The global market for biometrics increased from $1.95 billion in 2006 to an estimated $2.7 billion by the end of 2007. It should reach $7.1 billion by 2012, a compound annual growth rate of 21.3%.
-
Fingerprint biometrics will continue to be the main revenue contributor from 2007 to 2012 and even beyond this time frame.
-
The public sector, comprising government and federal departments, law enforcement, military and transport and aviation markets, will be the main user segment of biometric technology.
Report Highlights
-
The total market will grow to just under $3.4 billion by 2007.
-
By far, the leader is finger scan (FIS) technology with a market share of 80%.
-
Facial and voice scan technologies have higher growth rates than FIS.
-
Iris and retina scans will have AAGRs of 18.8% and 19.8%, respectively.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More