GITNUX MARKETDATA REPORT 2024

Biometric Statistics: Market Report & Data

Statistic 1

"As of 2022, the global biometric system market size is valued at approximately USD 36.59 billion."

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Statistic 2

"Mobile biometrics is projected to reach USD 49.33 billion by 2022."

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Statistic 3

"North America is expected to hold the largest share of the biometrics market by 2023."

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Statistic 4

"More than 1.9 billion biometric applications will be downloaded annually by 2024."

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Statistic 5

"As of 2019, 87% of current iPhone models use biometrics."

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Statistic 6

"As of 2020, 76% of all biometric payments are made through fingerprint recognition."

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Statistic 7

"Asia-Pacific is expected to witness the highest growth rate in biometrics technology from 2020 to 2025."

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Statistic 8

"In 2021, the tech industry saw a 50% increase in biometric data breaches."

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Statistic 9

"Approximately 90% of businesses will implement biometric authentication by 2022."

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Statistic 10

"61% of organizations have implemented or are planning to implement biometric identification."

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Statistic 11

"The global facial recognition market is expected to reach a value of USD 8.93 billion by 2022."

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Statistic 12

"By 2026, over 4.4 billion biometric mobile identity apps will be downloaded annually."

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Statistic 13

"E-commerce is expected to register the most significant CAGR from 2018 to 2025 in biometric technology."

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Statistic 14

"Revenue from the sale of biometric systems is predicted to total around $15.1 billion globally in 2025."

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Statistic 15

"80% of organizations are interested in using biometrics for passwordless login."

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Statistic 16

"As of 2021, around 63% of smartphone users have used some form of biometric technology."

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