GITNUX MARKETDATA REPORT 2024

Biometric Statistics: Market Report & Data

Highlights: The Most Important Biometric Statistics

  • As of 2022, the global biometric system market size is valued at approximately USD 36.59 billion.
  • Mobile biometrics is projected to reach USD 49.33 billion by 2022.
  • North America is expected to hold the largest share of the biometrics market by 2023.
  • More than 1.9 billion biometric applications will be downloaded annually by 2024.
  • As of 2019, 87% of current iPhone models use biometrics.
  • As of 2020, 76% of all biometric payments are made through fingerprint recognition.
  • Asia-Pacific is expected to witness the highest growth rate in biometrics technology from 2020 to 2025.
  • In 2021, the tech industry saw a 50% increase in biometric data breaches.
  • Approximately 90% of businesses will implement biometric authentication by 2022.
  • 61% of organizations have implemented or are planning to implement biometric identification.
  • The global facial recognition market is expected to reach a value of USD 8.93 billion by 2022.
  • By 2026, over 4.4 billion biometric mobile identity apps will be downloaded annually.
  • E-commerce is expected to register the most significant CAGR from 2018 to 2025 in biometric technology.
  • Revenue from the sale of biometric systems is predicted to total around $15.1 billion globally in 2025.
  • 80% of organizations are interested in using biometrics for passwordless login.
  • As of 2021, around 63% of smartphone users have used some form of biometric technology.

Table of Contents

Biometric Statistics, an imperative subset of biology and statistics, is a pivotal focus for our blog post today. Engaging in the realms of living organisms data, this branch dives headfirst into the mathematical and statistical methods directly applied to biological observations. From genetics to epidemiology, to environmental changes and ecosystems, Biometric Statistics provides robust tools for understanding complex biological patterns. By harnessing a comprehensive array of cutting-edge statistical models, it illuminates the intricacies of the natural world while generating valuable insights for enhancing decisions in public health, medicine, and even policymaking. Embrace the dynamic amalgamation of numbers and nature as we navigate this fascinating discipline.

The Latest Biometric Statistics Unveiled

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

Highlighting the staggering value of the global biometric system market, currently placed at an estimated USD 36.59 billion as of 2022, paints a striking picture of the burgeoning importance and rapid growth of biometrics in our society. With advanced technologies continuously pushing boundaries, this impressive figure serves to underscore the adoption and integration of biometric systems in sectors as diverse as security, healthcare, finance, and more. It aptly anchors the discourse, setting the stage for an elaborative discussion on the wide-ranging facets of biometrics, the notably increasing investments in this space, and the driving forces behind the remarkable market confidence.

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

Projecting a marquee growth to a staggering USD 49.33 billion by 2022, mobile biometrics is turbocharging ahead as a standout performer within the biometric systems landscape. This explosive figure commands attention in a blog post about biometric statistics, not just as an eye-catching headline, but as an indicator of the accelerating trend and wide adoption of personal identification tech globally. It acts as a robust barometer of the burgeoning market, underscoring the notion that the future is, unquestionably, biometric, and the world is bound to see more ground-breaking advancements in this sector.

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

Highlighting that North America is likely to secure the dominant stake in the biometrics market by 2023 enhances our understanding of the significant role biometrics is anticipated to play in the region’s technological advancement. It suggests an increase in the adoption and integration of biometric technology across various sectors in North America, primarily due to heightened security measures, swift technological innovation, and growing consumer trust in biometric verification. Anticipating this future market movement not only provides potential investors with critical insight for strategic planning but also signifies potential for growth to emerging biometric companies eyeing international expansion.

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

Forecasting the annual download of biometric applications to exceed 1.9 billion by 2024 paints a vivid picture of a world becoming increasingly dependent on the convenience and security offered by biometric technology. These figures underline not just the popularity, but the expanding influence of biometric-based solutions in our daily lives, from portable device security to airport check-ins. This wave of heightened integration into multiple sectors illustrates a remarkable leap, akin to the digital revolution, characterising a future where technology and human are in seamless sync. Herein resides the captivating narrative and relevance of biometric statistics, ushering us towards a world of tech-human hybridity.

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

This data point reinforces the formidable influence and evolution of biometrics in technology adoption, particularly within the smartphone industry. Depicting the Prime Time of biometrics, it provides an insightful sketch of the 2019 landscape where a dominant 87% of iPhone models have adopted this innovative technology. Emphasizing the growing fusion of personal tech and biometrics, it brings interplay with the broader context of biometric trends, potentially setting a benchmark of progress for other industries and manufacturers to reckon, thus making it an indispensable inclusion in discourse about Biometric Statistics.

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

Highlighting the statistic that ‘As of 2020, 76% of all biometric payments are made through fingerprint recognition’ underlines a profound and intriguing revelation about the biometric trend. It showcases the deep-rooted confidence and the wider public acceptance of fingerprint recognition technology when it comes to financial transactions. This significantly changes the landscape of secure payments, shifting from traditional modes and encouraging a digital, more personalized method. As such, this data point serves as an instrumental resource, paving the way for subsequent discussions on technological progress, user convenience, and enhanced security features in the domain of biometric payments.

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

Unearthing the latent pulse of biometric tech growth, one can’t overlook the surging potential within the Asia-Pacific region. Projected to dominate the growth charts from 2020 to 2025, the stat infuses an invaluable perspective into the future landscape of biometrics. It acts as a harbinger, hinting at shifting global dynamics, potential markets for investment, and the rise of Asia-Pacific as a contender in the biometric technology race. For enthusiasts, professionals, and investors engaged in the realm of biometric statistics, this projection doesn’t just signify a location-specific trend but stands as a testament to the global acceptance and integration of biometric technology.

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

Drawing attention to an alarming upsurge, the 2021 statistic depicting a 50% rise in biometric data breaches offers a stark mirror to the vulnerabilities within the burgeoning tech industry. For a blog post circling Biometric Statistics, this figure serves as a sobering reminder juxtaposing the spellbinding advancement of biometric technology – its proliferation across diverse sectors from healthcare to smart devices – against the grim reality of escalating security threats we are grappling with. The statistic vividly underscores the crucial need for rigorous data prevention strategies and robust security frameworks, spotlighting the consistently evolving intersection of biometric advancements and cybersecurity.

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

Unveiling a pivotal shift in the world of security, the revelation that approximately 90% of businesses aim to implement biometric authentication by 2022 sets the stage for an intriguing narrative in a biometric statistics post. This burgeoning wave reflects a seismic shift where businesses are rallying to veer away from traditional security methods, leaning towards more personalized and ostensibly secure solutions like biometrics. It bears testimony to an escalating trust in this technology and underscores its importance not just as a nascent trend, but as an impending standard that could redefine how businesses protect and verify identities in the near future.

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

Painting a comprehensive landscape of the biometric realm, the statistic ‘61% of organizations have implemented or are planning to implement biometric identification’ underlines the burgeoning trend of biometric adoption in a broad range of organizations. In the echelons of securitization, this pegs as an emblem of an increased preference for foolproof safety controls, becoming a linchpin in fortifying privacy, curbing identity theft, and fine-tuning personalized service delivery. Not merely a faddish technophile syndrome, this statistic hints at the evolving capacities and considerations in corporate security frameworks, reflecting a paradigm shift towards biometric solutions, set to steer the discourse of future blogs on Biometric Statistics.

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

Highlighting the projection that the global facial recognition market could achieve a spectacular worth of USD 8.93 billion by 2022, brings forth the tremendous growth potential within biometric technology. This numeric testament not only anchors the growing importance of facial detection in security, surveillance and even consumer electronics, it also underscores the pervasiveness of biometrics in our daily lives. This accelerating trend has immense implications for how biometric data is gathered, analyzed, and applied, while shedding light on the inexorable march of technology towards an increasingly biometric-oriented society.

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

In the accelerating digital world, the forecast of over 4.4 billion biometric mobile identity app downloads annually by 2026 indicates a pivotal shift towards the embrace of biodigital security measures. This revelation is a testament to the intensifying reliance on and trust in biometric technology to safeguard personal information. It emphasizes a growing awareness of individual online security, painting a future where biometric solutions are not just a trend, but the new norm in protecting identities and combating fraudulent activities. In the context of a blog post about Biometric Statistics, this reinforces the importance and relevance of biometric technology in an increasingly digitalized society.

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

The prolific forecast of E-commerce as the sector destined to experience the most explosive Compound Annual Growth Rate (CAGR) from 2018 to 2025 in the field of biometric technology underscores its prominence on the digital frontier. In a blog post centered around Biometric Statistics, it exemplifies the growing reliance of digital commerce on advanced biometric authentication for security and user-convenience. Highlighting the evolving intersection of digital commerce and biometric technology, this statistic illuminates a trend that further substantiates the importance of integrating biometric technology in digital transactions to counter cyber threats, reduce fraud, and enhance the online shopping experience.

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

Envisioning the staggering future of biometrics, the projected global revenue of $15.1 billion in 2025 radiates an illuminating beam on the vast potential and soaring confidence in biometric systems. This monetarily monumental prediction put in context with a blog post about Biometric Statistics portrays the robust growth, acceptance, and reliance on this technology, underlining its essential value in contemporary and future security measures. This uptrend is not just a simple data point but a testament to the remarkable fusion of technology and biology, invariably anchoring biometrics as an irreplaceable fixture in our secured future world.

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

Imagine being a part of the majority of organizations that embrace the cutting-edge technology of biometric security. ‘80% of organizations are interested in using biometrics for passwordless login’ breathes innovation and trust. It paints a vivid picture of a future where traditional passwords are obsolete and security becomes quicker, easier and more personal. This compelling statistic highlights the growing inclination towards, and faith in, biometric systems, underlining a pivotal topic for the blog post on Biometric Statistics. By drawing attention to this trend, readers are encouraged to embrace this radical shift, reminding them that the security of the future is no longer an abstract concept, but a tangible reality.

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

In the vibrant narrative of Biometric Statistics, the snapshot of the statistic revealing that approximately 63% of smartphone users had engaged with some form of biometric technology as of 2021 provides a compelling testament to its widespread acceptance. This figure marks more than just a trend; it signifies a robust turn in public perception, denoting the increasing comfort and reliance on biometric technologies like facial recognition or fingerprint scanning for securing personal devices. The statistic fosters the understanding of how humankind’s open-handed embrace of biometrics has expanded beyond traditional arenas to a personalized universe – the smartphone, thereby anchoring a solid foothold for biometrics in our day-to-day life.

Conclusion

Biometric Statistics is undeniably a powerful tool yielding deep insights into human traits, behaviors, and physiological practices. It is an area with immense potential, particularly in the sectors of healthcare, security, and personalized technology. However, one must not overlook its ethical implications, especially privacy concerns. Policies need to be developed to keep up with the rapid advances in this field. Hence, while envisioning the progress to come, we must also equip ourselves to address these challenges. The balance between the advantages of biometric statistics and the preservation of individual rights will shape the future of this fascinating discipline.

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FAQs

What is biometric technology?

Biometric technology refers to the use of human physical and behavioral characteristics in order to identify individuals. These characteristics can include fingerprints, facial patterns, voice or typing cadence, DNA, and more.

How are biometric data used?

Biometric data are primarily used for identification and security purposes. They can be used in various sectors like law enforcement for criminal identification, businesses for employee time management, smartphones for user authentication and even in airports for traveller identification.

Are biometrics more secure than traditional forms of identification?

Biometrics can be considered more secure than traditional forms of identification like passwords or ID cards because they're unique to each individual and cannot be lost or easily duplicated. However, like all systems, they're not entirely immune to threats and must be carefully managed to ensure data privacy and security.

What types of biometrics are most commonly used?

The most widely used types of biometrics are fingerprint recognition, face recognition, and iris recognition. In addition, voice, palmprint, and vein recognitions are being increasingly used in various applications.

Can biometric data be stolen?

Yes, biometric data, just like any other data, can be stolen if not properly secured. This underlines the importance of using secure methods to store and transmit this highly sensitive data in order to prevent interception and misuse.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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