Biometrics Statistics By Usage, Industries and Facts

Introduction

Biometrics Statistics: Biometric technology has come a long way from fingerprint scanning to AI-powered voice and facial recognition, among other advancements. Whether used for personal or business purposes, biometrics has significantly impacted everyday life.

This article covers various current statistics about biometrics, including its impacts, applications, usage, market share, and more. If you are considering investing in biometric authentication by 2024, this paper will be valuable for you.

Editor’s Choice

• CrossMatch and DataGrail are leading in biometric security technologies, holding market shares of 17% and 10% respectively as of February 2024.
• Biometric technology drove the global digital identity solutions market to generate USD 34.5 billion in revenue in 2023.
• The biometrics market is expected to reach USD 50 billion in 2024 and climb to USD 54.97 billion by 2029.
• Around 72% of global consumers prefer using face recognition over passwords for online security.
• Biometric authentication is set to secure USD 2.5 trillion in mobile payment transactions by 2024.
• Over 60% of biometrically verified payments will be made remotely by 2024.
• In 2024, more than 377 U.S. companies are using biometric security software.
• An estimated 1.9 billion biometric applications will be downloaded globally in 2024.
• Over 75% of Americans have utilized biometric technologies like fingerprint scanning and face recognition.
• About 80% of people in North America, Asia Pacific, and Western Europe use biometrics on their phones.
• Two-thirds of people find biometrics easier and faster to use than traditional passwords.
• 53% of credit cardholders would change banks if theirs did not offer biometric authentication options.
• 81% of consumers believe biometrics offer a more secure way to verify identity.
• 80% of consumers are more inclined to interact online with organizations that have strong identity verification measures.
• 72% of global consumers would opt for face biometrics over passwords for online security, according to upcoming iProov research.
• 70% of people surveyed by iProov are interested in using facial authentication for mobile banking.
• The European market for technologies including AR, VR, and biometrics is projected to grow from USD 57.83 billion in 2022 to USD 219.63 billion in 2029.
• The market for automated fingerprint identification systems (AFIS) is expected to increase from USD 5.32 billion in 2022 to USD 15.42 billion by 2028.
• The market for iris recognition is projected to exceed USD 8 billion by 2027.
• The market for signature verification is projected to grow from USD 957.24 million in 2019 to USD 4.8 billion by 2026.
• In 2023, 85% of consumers expressed concerns about biometrics due to the potential impact of generative AI.
• More than half of consumers are worried about how their biometric data is stored and managed.
• Over 40% of consumers consider fingerprint recognition the most secure form of authentication.
• Almost half of consumers are opposed to using AI for personal data processing due to security concerns.
• Half of the consumers are concerned about the risk of their biometric data being used by malicious actors to gain unauthorized access.

What Is Biometrics?

Biometrics is considered the most advanced technological equipment, primarily used for authenticating and identifying individuals based on their biology. Various types of biometric technology are available, including fingerprint, facial, palm, and voice recognition.

These technologies help prevent fraud and crime, protect identities, save time, and provide access to various applications, such as employee background checks, banking, and more.

History of Biometrics

• Biometric technology measures unique physical traits to identify individuals.
• It started over two centuries ago but became widespread in the past decade.
• The first significant system, the Henry System of Fingerprint Classification, began in British India in the late 1800s for criminal identification.
• By 2023, biometrics had become the most favored security method for logging into online accounts, apps, and devices.
• Common biometric methods include facial recognition, fingerprint scanning, voice recognition, iris recognition, and signature authentication.
• Facial recognition is rapidly growing, expected to reach a market size of nearly USD 20 billion.
• Biometrics is often used for access control, like at airports, and for speeding up digital payments, especially popular with younger people.
• In 2023, the digital identity solutions market, which includes biometrics, was valued at USD 34.5 billion.
• The main advantages users find in biometrics are quick transactions and not needing to remember passwords.
• Despite its benefits, over half of industry experts in 2023 expressed concerns about privacy and data protection as major challenges.
• The future of biometrics may depend on stronger privacy laws to address these concerns.

Biometric Benefit Statistics

• Around 80% of smartphones had biometric protection enabled by 2020, with this rate stabilizing in recent years.
• 70% of Americans have used fingerprint scanning, making it the most widely adopted biometric technology in the United States. Additionally, approximately 245 million of the 307 million smartphone users in the U.S. use biometrics.
• Biometric authentication has significantly improved security in air travel, with biometric technology reducing boarding times at some airports by up to 50%. In 2022, the airport biometric technology market alone was valued at $390 million, representing a 22% increase from the previous year.
• In terms of industry use, 32% of biometric technologies are utilized by the public sector, followed by the banking and financial services sector at 28%, and IT & telecommunications at 24%.
• Nearly 47% of people claimed that English- speaking countries found Biometrics more beneficial because remembering passwords is not necessary now.
• 30% of respondents claimed biometrics authentication is beneficial for the login and onboarding process.
• Only 10% of people said that privacy is the main benefit of biometric methods.

Facts About Biometrics

• Biometric Statistics further states that in 2023, around 60% of IT and cyber security leaders in the United States will have used Biometrics such as facial recognition, fingerprint scans, iris scans, and voice verification.
• However, 46% of respondents stated that by 2024, remaining U.S. companies are planning to replace their traditional password solution with biometric authentication.
• Biometric sensors are expensive but only sometimes 100% safe.
• For mobile banking, around 70% of individuals use facial recognition authentication.
• Nearly 80% of global organizations are interested in using Biometrics.
• Utilization of fingerprint scanning is processed by 57% of businesses as a primary biometric identification method.
• 81% of customers have claimed that Biometrics is an effective means of identification verification in 2023.

General Biometrics Statistics

(Reference: precedenceresearch.com)

• In 2024, the value of the biometrics market is expected to be around USD 50.08 billion.
• The biometrics market is projected to grow steadily, reaching USD 267.05 billion by 2033, with an annual growth rate of 20.44% from 2024 to 2033.
• By 2027, the global biometrics system market size is predicted to hit USD 83 billion.
• By the end of 2028, the market for automated fingerprint identification systems is expected to grow to USD 15.42 billion.
• The market for facial recognition technology is expected to increase by about USD 19.3 billion by the end of 2032.
• Spending on smart identity verification technologies is expected to reach up to USD 18 billion by 2027.
• According to a survey in 2023, around 26% of people worldwide expect biometrics to significantly advance in artificial intelligence within the next five years.
• Nearly 50% of survey respondents in 2023 believe the use of facial recognition will grow in the coming years, while only 7% think the use of iris identification will significantly increase.
• The growth of the biometrics market is hindered by a lack of public trust, legislative and governance challenges, misinformation about biometric technology, and concerns over data sharing.

By Market Demands

• Biometric Statistics states that 2/3 rd of people will use biometrics in 2023 as it will enable an easier and faster process.
• Around 81% of consumers have claimed biometric authentication is a secure identity verification method.
• Globally, around 72% of consumers have preferred using face biometrics to passwords for securing different online processes.
• The biometric mobile identity apps will be downloaded more than 4.4 billion by 2026.
• Worldwide sales revenue of biometric systems will reach $15.1 billion by 2025.
• In 2024, the overall market share of biometrics industries in North America will reach above 30%.

Biometric Segmental Statistics

• The net market valuation of face and voice biometric services in 2024 will reach $18,560.2 million and is expected to be $46,251.2 million.
• The annual market growth of both biometrics segments will be 9.6% from 2024 to 2034.
• However, in the above forecasted year, regional market CAGR in the United States (10.2%) and China (10.3%), respectively.
• The revenue generated by the voice biometric segment in 2024 will be $14,161.4 million, with an annual growth rate of 8.3% of CAGR.
• On the other hand, the market valuation of face biometrics will amount to $4,398.8 million, with an 8.5% CAGR.
• The leading industry segment in Biometrics is banking, financial services, and insurance companies, which are estimated to make $4,213.2 million in revenue and account for 8.9% of the CAGR.
• Meanwhile, government and law enforcement agencies approached with the goal of contributing $3,934.8 million.

United States Biometric Market Size

(Reference: precedenceresearch.com)

• The U.S. biometric market size was USD 9.98 billion.
• It is predicted to grow each year, reaching USD 12.02 billion in 2024.
• By 2025, the market is expected to increase to USD 14.48 billion.
• In 2026, the market size will further rise to USD 17.43 billion.
• The growth continues, with the market reaching USD 21 billion in 2027.
• By 2033, the market is expected to grow to USD 64.09 billion.
• The market is anticipated to grow at a compound annual growth rate of 20.50% from 2024 to 2033.

By Region

(Reference: precedenceresearch.com)

• In 2023, North America led the biometrics market, holding a 32% share.
• Europe followed with a 28% share of the market.
• The Asia Pacific region was next, accounting for 24%.
• Latin America had a 10% share.
• The Middle East and Africa held the smallest market share at 6%.

By Users

• Around 70% of Americans use fingerprint scanning, making it the most common biometric technology.
• Approximately ~245 million smartphone users in the U.S. use biometrics.

• People who have used fingerprint recognition are likely to try facial recognition as well.
• 75% of Americans feel comfortable with fingerprint recognition.
• 66% are okay with voice sampling.
• 63% accept hand geometry.
• 61% are comfortable with facial imaging.
• 60% approve of iris scanning.
• 55% are okay with DNA sampling.
• Both consumers and various industries frequently use biometric technologies.

(Source: passport-photo.online)

By Security Technologies

(Reference: 6sense.com)

• In the United States of America, more than 405 companies will be using biometric security tools in 2024.
• The top biometric security technology is Source, which holds a market share of 51.36% and has 208 customers in the U.S.
• Biometric technologies market share and involved customers are CrossMatch (17.04% and 69), DataGrail (7.41% and 30), Vision-Box (6.67% and 27), and Ikena Forensic (4.69% and 19).
• Meanwhile, market shares of other biometric technologies are EveVerify (3.70%), Omega Technology (2.96%), Tascent (0.99%), eSSL (0.74%), and Dyadic (0.74%).

By Biometric Security Customers

(Reference: 6sense.com)

• In accordance with biometric statistics, the majority of biometric security customers fall under the company size of 20 to 49 employees (92 companies).
• In addition, other biometric security customers by employee size in 2024 are 0-9 employees (74 companies), 100-249 employees (60 companies), 50-99 employees (34 companies), and 10-19 employees (33 companies).

By Countries

(Reference: 6sense.com)

• As of 2024, most companies in the United States are currently using biometric security technology software, resulting in 294 customers and an 81.22% share.
• India (20), Portugal (13), the United Kingdom (9), Germany (8), Canada (5), and the Netherlands (5) are the country-wise biometric security customers.

By Industry

• Companies in the financial industry make up about 28% of biometric technology users in the US.
• Biometric authentication is projected to secure payment transactions worth over USD 2.5 trillion.
• More than 60% of payment transactions using biometric authentication will be conducted remotely.
• Payment fraud losses from online payments are expected to increase by 52% by 2024.
• In 2024, the online banking industry has the most biometric security customers.
• Other industries using biometric security include banking, credit cards, financial services, wealth management, mobile banking, and personal banking.
• About 72% of hotel operators plan to adopt facial recognition technology by 2025 for user interaction and identification.
• The use of biometrics can increase the efficiency of passenger processing in the aviation industry by 40%.
• The aviation industry spends a significant amount on IT, including biometrics, with airlines and airports spending 4.84% and 6.06% of their revenues respectively.

By Digital Identity Solution

(Reference: statista.com)

• The global market revenue of digital identity solutions in 2023 accounted for $34.5 billion.
• Additionally, in the coming years, the expected revenue generated by the digital identity solution market is 2026 ($49.5 billion), 2027 ($70.7 billion), and 2028 ($83.2 billion).

By Implementations

• In the United States of America, 42.6% of people agreed that biometric face recognition technology at airports improved security.
• Based on Biometric Statistics, almost 72% of hotel owners are planning to use face recognition technology to interact effectively with guests.
• 44% of people said that biometric identification procedures in the online payment segment have helped them.
• By 2028, nearly 90% of vehicles globally will be equipped with voice assistants.
• In the United States, around 28% of financial industries have used biometric technology.

By Demands

(Reference: images.ctfassets.net)

• Recently, in January 2024, consumers’ comfort levels have declined in 2024 from the last two years.
• Biometric Statistics state that the demand for the fingerprint segment has declined to 50% due to several challenges caused by the pandemic.
• Other biometric segment demand has decreased to face scans (33%) and voice scans (20%).
• In 2024, public trust in the proper handling of biometric data by tech companies declined, such as high trust (5%), somewhat trust (52%), and do not trust (42%).

By Customers Concern

(Reference: images.ctfassets.net)

• Since 2023, customers have been expressing interest in Biometrics due to increased worries about data breaches, data misuse, identity theft, privacy concerns, and others.
• Thus, the above graph shows that consumers’ concern about Biometrics has increased in 2024 compared with 2022.
• Consumer concern shares in 2024 are misuse of data (88%), data breaches (86%), identity theft (81%), reduced privacy (71%), and inaccurate results (63%).

By Usage Of Facial Recognition

(Reference: images.ctfassets.net)

• In accordance with biometric statistics, the comfort of facial recognition will drop in 2024.
• Segments that share facial recognition are followed by passport control (69%), login to a device (73%), attendance tracking (36%), retail purchases (25%), and emotion recognition (16%).

By Voice Recognition

• The voice recognition market is projected to reach a value of USD 27.16 billion by 2025.
• Voice recognition technologies are increasingly used in vehicles, and it’s expected that by 2028, 90% of cars sold worldwide will have a voice assistant.
• Many businesses now use voice biometrics to identify customers in their call centers.
• A study by Goode Intelligence found that introducing biometrics reduced call center volume by 56%, saving approximately USD 6.25 million annually for a bank with five million customers.

By Fingerprint Recognition

• In 2018, almost all smartphones, 96.5% to be exact, had capacitive fingerprint technology for security.
• By 2022, new Fingerprint on Display (FOD) technology is expected to be widely used. This includes advanced optical and ultrasonic fingerprint sensors.
• These FOD technologies represent a significant advancement in how fingerprint sensors function.
• By 2024, it is projected that over 4.6 billion smartphones will be equipped with fingerprint sensors.
• Currently, fingerprint sensors are often used as a secondary way to verify a user’s identity, especially for payments made via biometrics.

By Digital Signatures

• The Electronic Identification and Signature (eIDAS) standard, established by the EU, helped shape a global market for digital signature technologies, which reached USD 951.3 million in 2019. It is projected to grow by 24.6% annually, potentially reaching USD 9.07 billion by 2023.
• Companies adopting electronic signatures see significant savings, with an 85% reduction in costs associated with handling documents.
• The response time for document processing is cut by 80% when businesses use electronic signatures.
• The use of biometric signatures has led to a fivefold increase in customer loyalty.
• Implementing electronic signatures can improve a company’s document approval efficiency by up to 83%.

By Online Purchase By Generation

(Reference: statista.com)

• A Statista report in 2023 states that biometric authentication is an effective way to validate an online purchase in the U.S.

By Biometric Fears

• About half of the experts in the biometric field think police should use facial recognition.
• 59% of Americans are okay with law enforcement using biometric systems when there’s a public threat.

• Most people, 73%, are worried about governments using biometrics for mass surveillance.
• Misidentification is a concern for 59% of people, fearing mistakes in identifying individuals.
• 56% are worried about bias in biometric systems, where they might not work the same for all demographic groups.
• While 84% of people trust their employers with biometric data, only 71% trust the government, making it the least trusted body for handling such information.
• 42% of biometric industry professionals feel that governments should enforce stricter regulations on biometrics.
• 57% of experts believe that current laws on commercial use of biometrics are too lenient.
• A significant 70% think biometric use at borders is regulated adequately.
• 60% of experts in Europe are happy with their biometric regulations.
• In contrast, only 40% in Australia and New Zealand and 30% in the Americas feel their regulations are strict enough.
• The main challenges for broader biometric adoption are privacy concerns (57% of experts agree), lack of public trust (50%), and insufficient laws (45%).
• 30% of experts argue against using biometrics in schools and on social media.
• 80% of privacy experts insist that biometrics should not function without human supervision.
• 1 in 3 Americans has experienced privacy violations by businesses.

By Biometrics vs. Air Travel

• In 2022, the airport biometric technology market earned USD 390 million, a 22% increase from 2021.
• Around 74% of airports globally are planning to adopt some form of biometric identification technology.
• Biometric technology is a top investment for airlines, with 76% either already using it or planning to implement it.
• Approximately 50% of airlines aim to set up self-boarding gates powered by biometrics by 2024.
• The most common biometric features being introduced at airports include self-check-in (82% of airports) and self bag-drop (78%).
• Biometric technology has helped reduce boarding times by 50% at Los Angeles Airport, saving about 20 minutes per flight.
• Spirit Airlines has seen a 30% reduction in check-in times thanks to its new facial recognition system.
• Vision-Box, a company specializing in biometric technology, has enhanced the boarding process by 50%.
• At Los Angeles Airport, biometric authentication technology has cut boarding times by 20 minutes, a reduction of 50%.
• Spirit Airlines has reduced check-in times by 30% using a facial recognition system.
• Vision-Box, a biometric tech company, has made the boarding process 50% faster.
• 75% of airport passengers would prefer using biometrics over traditional passports and boarding passes.
• 36% of travelers have used biometric-powered processes at airports, and 88% of them are satisfied with the experience.
• 73% of air travelers are willing to share their biometric data to speed up processes at airports.
• Passengers generally feel very comfortable using biometric technology for security checks, identity verification, and boarding.
• Passengers feel less comfortable using biometrics for lounge access, luggage collection, and check-in.
• 25% of Americans do not support the use of facial recognition for domestic flights.

(Source: passport-photo.online)

The Reasons For Biometric Authentication By Generation

• Faster Checkout: Gen Z finds biometric authentication quickest for checkout, with 28.6% appreciating the speed, followed by Millennials at 26.1%, Gen X at 24.5%, and Baby Boomers and seniors at 21.5%.
• Improved Security and Fraud Prevention:The majority of Baby Boomers and seniors believe biometric authentication boosts security and prevents fraud, accounting for 35.2%. Gen X reports 25.3%, Millennials 22.3%, and Gen Z the least at 16.3%.
• More Convenient: Regarding convenience, 20% of Gen Z favor biometric authentication, with Millennials slightly less at 18.7%, Gen X at 18.6%, and Baby Boomers and seniors finding it convenient at 13.9%.
• Required To Use It: Many people use biometric authentication because it’s required; 18.3% of Millennials, 15.8% of Gen Z, 14.7% of Gen X, and 12.5% of Baby Boomers and seniors.
• Encouraged by Platform or Service: Platforms and services encourage its use, with Gen Z the most influenced at 12.5%, then Baby Boomers and seniors at 10%, Millennials at 7.5%, and Gen X at 7.4%.
• Integration With Existing System: Integration with existing systems is a minor reason, noted by 9.5% of Gen X, followed by Millennials at 7.2%, Gen Z at 6.9%, and Baby Boomers and seniors at 4.3%.

Future of Biometric?

• About 40% of Americans are more comfortable with new biometric technologies now than they were two years ago.
• Half of the experts think the use of face recognition will greatly expand the applications of biometric technology in the next five years.
• Only 3% of industry experts believe that fingerprint authentication will dominate the biometric market.
• 30% of biometric professionals predict that the digital identity sector will be the main user of biometric technologies over the next five years.
• 15% of professionals see artificial intelligence as a key application of biometrics.
• Border control and surveillance are also significant areas for biometrics, viewed as important by 7% and 6% of professionals, respectively.
• When asked about areas expected to see the largest growth in biometric technology use, 35% of industry experts pointed to digital identity, followed by border control at 11%, artificial intelligence at 8%, and national identity at 5%.

(Source: passport-photo.online)

Conclusion

Biometric security systems have enabled huge benefits for validation and identification. Biometric technology helped in keeping workplace environment safe and secure from unauthorized people. In recent years, the market has faced a few challenges, and their effects are discussed above, but overall market share is increasing continuously.

Go through the article on Biometric Statistics. It would help if you got a clear idea about different segments of the market.

Ketaki Joshi

Ketaki Joshi is an experienced tech writer who specializes in gadget usage statistics. She excels at analyzing and reviewing the latest tech trends and newly launched devices. Ketaki creates insightful and easy-to-understand articles for websites and newsletters. Previously working at a French multinational company, she now follows her passion for writing. Her first short story, “The Envelope That Changed Our Lives,” is available on Amazon.

More Posts By Ketaki Joshi