GITNUX MARKETDATA REPORT 2024

Biometry And Statistics: Market Report & Data

Highlights: The Most Important Biometry And Statistics

  • Biometric system use is projected to grow about 14% between 2019 and 2024 worldwide.
  • Facial recognition is expected to account for 32% of biometrics hardware market share by 2025.
  • The market value of biometric devices was $18.6 billion in 2020.
  • Biometric credit cards are expected to reach 579 million units by 2023.
  • As of 2021, the United States had the largest biometrics market worldwide.
  • In 2021, about 70% of Apple iPhone users in the United States used biometric features.
  • By 2023, global mobile biometric payments are projected to exceed €400 billion.
  • Approximately 90% of businesses will use biometric authentication by 2022.
  • In 2021, it was reported that Amazon was developing payment terminals that would link biometric data to consumers' credit cards.
  • Automotive biometrics market is predicted to reach 329.43 million units by 2027.
  • Global biometrics as a service market is expected to grow from $1.5 billion in 2019 to $3.7 billion in 2024.
  • Biometric passports represented 60% of the total passports in circulation worldwide in 2020.
  • 61% of users in the UK prefer to use fingerprint over other biometric methods as of 2020.
  • 55% of IT leaders plan to increase biometrics usage in the future, as of 2020.
  • Facial recognition market is expected to touch $8.5 billion by 2025.
  • Fingerprint recognition continues to dominate the biometrics market with 50% share in 2019.
  • Iris recognition market is expected to reach $4.3 billion by 2025 globally.
  • The voice recognition market size is expected to reach $31.82 billion by 2025.
  • Palm vein recognition market size globally is predicted to be $835 million by 2024.
  • The forensic technology market, which heavily uses biometrics, is expected to reach $68.55 billion by 2025.
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In today’s post, we delve into the fascinating world of Biometry and Statistics, two intertwined areas of study that significantly influence our understanding of the biological sciences. Biometry, all about the application of statistics, mathematics, and computer science in biological research, works in tandem with the broad field of Statistics, which is integral for analyzing, interpreting, gathering and organizing data in meaningful ways. This synergy aids accomplishments in multiple scientific disciplines from ecology to medicine. Join us as we examine the intriguing complexity and substantial importance of these fields, and take a peek into the language of nature and patterns.

The Latest Biometry And Statistics Unveiled

Biometric system use is projected to grow about 14% between 2019 and 2024 worldwide.

Within the rapidly evolving world of biometry and statistics, the forecasted 14% growth in biometric system use between 2019 and 2024 is a critical data point. Whether it’s for security implementation, user identification, or workforce management, this upswing illustrates the increasing reliance on biometric technology on a global scale. The statistic underscores the importance of understanding how statistical methods can effectively monitor, analyze, and manage this surge, further emphasizing the significant role statistics play in shaping biometric systems and technologies’ future.

Facial recognition is expected to account for 32% of biometrics hardware market share by 2025.

Projected to claim a hefty 32% chunk of the biometrics hardware market by 2025, facial recognition illuminates the trajectory of our digital era’s most cutting-edge security solutions. Melding the complexity of biometric technology with statistical forecasting, this trend-spotting figure serves as a numerical harbinger, heralding a future where our faces unlock not just our devices, but a rapidly expanding secure digital world. Recognizing the significance of this statistic equips readers with a quantitative understanding of the magnitude of facial recognition’s imminent ascendancy, providing a tangible proof in a blog post about Biometry and Statistics.

The market value of biometric devices was $18.6 billion in 2020.

In the fascinating intersection between biometry and statistics, the staggering $18.6 billion market value of biometric devices in 2020 serves as a vibrant testament to the growing significance and economic impact of these two fields. This figure not only showcases the increasing industry confidence and investment in biometric technology, but it also underscores how integral statistical models and data interpretation are in driving innovations, optimizing operations, and improving the accuracy of these biometric systems. Thus, by illuminating the sheer magnitude of this industry, it inherently reveals the vital role that statistical methodologies play in shaping and steering its progression, further enhancing the relevance of this discussion in the context of a blog post about biometry and statistics.

Biometric credit cards are expected to reach 579 million units by 2023.

In the riveting domain of Biometry and Statistics, the forecasted surge to 579 million biometric credit cards by 2023 manifests the growing integration of biometric technology into our everyday life. It not only reflects an emerging trend but also underscores the significant role statistics plays in charting the advancement and global adoption of this innovative technology. By quantifying this growth, it enables readers to grasp the real-world impact of biometry, while further underlining the capacity of such data to shape strategies, guide industry trajectories, and inform policy decisions. This statistic is a testament to the pivotal role that statistical analyses have in understanding, managing, and leveraging the evolution and potential of biometric innovations.

As of 2021, the United States had the largest biometrics market worldwide.

Highlighting the 2021 statistic that the United States holds the largest biometrics market worldwide in a blog post devoted to biometry and statistics accentuates the country’s pioneering role and increasing demand for biometric technology. It underscores emerging trends in data acquisition, offering insights into sophisticated statistical algorithms used in interpreting biometric data. Moreover, it reflects the surge in security needs, user authentication, and identity verification which are core applications of biometry. Thus, in our digitized era, this statistic is a beacon illuminating the trajectory of statistical science as it navigates through the biometric revolution.

In 2021, about 70% of Apple iPhone users in the United States used biometric features.

Shedding light on the integration of biometrics and technology, the statistic revealing that in 2021, approximately 70% of U.S. Apple iPhone users utilized biometric features demonstrates an expanding acceptability and reliance on such advanced security measures. The prominence of biometric feature usage in such a considerable user base not only underlines the growing trust and ease among consumers, but this critical detail also proves an essential point of study in understanding current tech trends, consumer behavior, and future predictions in the spheres of biometry and statistics. As such, the statistic serves as both an affirmation of the ongoing digital transformation and a herald of an increasingly biometrics-oriented future.

By 2023, global mobile biometric payments are projected to exceed €400 billion.

Examining the projected rise in global mobile biometric payments to exceed €400 billion by 2023 unearths the buoyancy of biometric technology within the financial activities. The burgeoning adoption of biometrics for securing transactions illuminates the unique intersection of biometry and statistics. To quantify this growth, statistics emerge as a tool for demonstrating the trend’s massive potential, while also highlighting consumers’ escalating trust in biometric solutions. Therefore, this expected leap offers weighty insights into tech-assisted financial security and the burgeoning role of statistical data in deciphering behavioral shifts within the digital economy.

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

Highlighting that nearly 90% of businesses are projected to incorporate biometric authentication by 2022 offers a cogent illustration of the extensive embracement and integration of biometric technologies in the corporate world. As businesses strive to bolster their security, biometric authentication is emerging as a robust and highly reliable tool against security breaches. This statistic not only underpins the accelerating prevalence of biometrics but also its criticality in the sphere of business operations. In the linchpin field of biometry and statistics, it underscores a dramatic trend toward biometric utilization, lending weight to the importance of statistical measures in evaluating the technology’s performance, effectiveness, and adoption rate.

In 2021, it was reported that Amazon was developing payment terminals that would link biometric data to consumers’ credit cards.

Highlighting the 2021 report of Amazon’s initiative to link biometric data with consumers’ credit cards in a blog post about Biometry and Statistics is an intriguing way to demonstrate the escalating relevance of these fields in today’s digital business landscape. Adapting statistical methodologies to biometrics, Amazon’s measure not only signifies potential progress in payment security and personalized customer experiences but also instigates significant debates about privacy and misuse of personal data. This underscores the inextricable connection between biometrics and statistics, urging statisticians to ethically navigate the overlapping terrains of technology, privacy, and commerce.

Automotive biometrics market is predicted to reach 329.43 million units by 2027.

Highlighting the projected growth of the automotive biometrics market to 329.43 million units by 2027 paints a futuristic panorama of the intimate intersection between biometrics and statistical forecasting. It punctuates the thrust of blog discussions on Biometry and Statistics, contextualizing the role of statistical analyses in decoding biometric trends for real-life applications. This driving trend demonstrates how quantitative predictions become crucial in tracking the course of biometric technologies, underscoring the importance of statistics in shaping and understanding the evolving biometric landscape in the automotive industry.

Global biometrics as a service market is expected to grow from $1.5 billion in 2019 to $3.7 billion in 2024.

The anticipated explosion of the global biometrics as a service market from $1.5 billion in 2019 to $3.7 billion in 2024 stands as a testament to the escalating importance and wider acceptance of biometric technology in our daily lives. Such a striking projection underscores not only the technological advancements in the field, but also reflects a growing confidence in biometric solutions to ensure data security and authentication. Through this lens, the realm of Biometry and Statistics becomes crucial, deciphering patterns and anomalies in biometric data, thus enhancing data accuracy, precision and reliability. This ensures the correct identification and tracking in various fields like healthcare, forensics, security, just to name a few, effectively making this statistic a turning chapter in the narrative of modern technology.

Biometric passports represented 60% of the total passports in circulation worldwide in 2020.

Highlighting that over half of global passports in 2020 were biometric underscores the pervasive nature of biometric technology in our current era. It quantifies the surge in biometric adoption worldwide, consolidating its reputation as an inescapable feature of contemporary life. It also showcases the critical role of reliable statistics in not only tracking this mounting trend but also in analysing and predicting its growth trajectory. The adoption of biometric technology for everyday use, as seen in passports, is an unmistakable testament to the interlacing of biometry and statistics – indicating how statistics provides an effective means of understanding the prevalence and potential of biometry.

61% of users in the UK prefer to use fingerprint over other biometric methods as of 2020.

In the narrative of biometry and statistics, the insight that 61% of UK users favoured fingerprint recognition over other biometric methods as of 2020 provides a telling commentary on the prevailing trend in the sector. It highlights the prominent standing of fingerprint technology against the backdrop of evolving biometric measures and suggests its widespread acceptability by users. This numerical testimony enhances our understanding of consumer preferences and technology adoption rates, fostering valuable dialogue on the future roadmap of biometric development.

55% of IT leaders plan to increase biometrics usage in the future, as of 2020.

In a world where digital security is increasingly crucial, the statistic indicating that 55% of IT leaders as of 2020 are planning to ramp up their usage of biometrics emphasizes a pertinent shift in the strategies employed to bolster protection. The figure, a testament to confidence in biometrics, underpins the fusion of biometric technology with statistical analysis as a rising trend. It showcases the expanding influence of statistics in continuously refining the accuracy of biometrics, thereby boosting their value and widespread integration in IT infrastructure. Hence, this statistic is a compelling precursor to an era of enhanced security, facilitated by the progressive alliance of biometry and statistics.

Facial recognition market is expected to touch $8.5 billion by 2025.

Lending credence to the exponential growth of biometry and its tight-knit connection with statistics, consider the projection for the facial recognition market. By 2025, it could swell to an astounding $8.5 billion valuation. Such a fantastic figure underscores the merging of these two disciplines, demonstrating how invaluable statistical methodologies are to developing and refining biometric technologies. The expected growth also attests to an increased acceptance and integration of facial recognition technologies worldwide, hinting at a future where biometric security and identification could become a societal norm. So, in the pulsating heart of biometry revolution, statistics plays the conductor leading the symphony.

Fingerprint recognition continues to dominate the biometrics market with 50% share in 2019.

Highlighting that fingerprint recognition accounted for 50% of the biometric market in 2019 serves as a powerful footnote endorsing the enduring relevance and dominance of this particular technology within the sphere of biometrics. This crucial statistic helps quantify the measure of trust industries and consumers place in fingerprint recognition over alternate methods. Its pronounced market share implies its reliability, ease of implementation, user acceptance, and potential for growth. For the reader, this illuminates where biometric technology is centered presently, framing a pivotal context for prognosticating future trends and developments within the blog post about Biometry and Statistics.

Iris recognition market is expected to reach $4.3 billion by 2025 globally.

Navigating the evolving terrain of biometry, the predicted surge of the iris recognition market to $4.3 billion globally by 2025 becomes a focal point. It underscores the monumental role that this advanced identification technology plays within the realm of biometric systems, both from security and statistical perspectives. Its projected economic impact not only emphasizes the increasing reliance on high-tech authentication methods, but also underscores the importance of statistical evaluation in predicting market trends and determining the adoption rate of iris recognition technology against other biometric identification methods in a world increasingly concerned with security.

The voice recognition market size is expected to reach $31.82 billion by 2025.

In crafting a blog post centering on Biometry and Statistics, the projection of the voice recognition market size reaching a staggering $31.82 billion by 2025 serves as a significant beacon of growth. This underpinning statistic not only illuminates the emerging dominance and technological evolution within the realm of voice recognition, but also showcases its imminent role in biometry. A deeper consideration of this figure can lead to a thorough discussion on how adopting voice recognition technologies can modernize biometric systems, improving accuracy and efficiency in numerous sectors. The statistic becomes an eye-opening impetus around which we can further explore the symbiotic relationship between advances in voice recognition technologies and the evolution of biometric models.

Palm vein recognition market size globally is predicted to be $835 million by 2024.

Illuminating the path of technological progression, the forecast of palm vein recognition market touching the $835 million mark by 2024 underpins the escalating influence of biometry in the modern world. This thriving market exponent represents a fusion of biometric application and statistical analysis, testament to the paradigm shift towards secure identity validation techniques. Embedded within it lies the power of statistics; the ability to discern patterns, predilections and forecast future trends, fueling sectors like biometrics to evolve and revolutionize identity authentication systems incessantly.

The forensic technology market, which heavily uses biometrics, is expected to reach $68.55 billion by 2025.

Highlighting the prospective expansion of the forensic technology market to $68.55 billion by 2025 underscores the crucial integration of biometrics in this upward trend. In the validation of the significance of both Biometry and Statistics in the post, this forecast reaffirms their instrumental role in unraveling novel avenues and amplifying prospective innovations in fields such as forensics. Potentially, it also prompts a rousing call to statisticians and biometrics experts to stay ahead of the curve, harnessing statistics and biometric tools to explore new opportunities, shape the marketplace, and mold its destiny.

Conclusion

In conclusion, Biometry and Statistics play a crucial role in various scientific fields, particularly in enhancing research and decision-making processes. Their application promotes precise interpretation of complex biological data, which leads to accurate conclusions and predictions. They provide critical insights and contribute to the conception of strategic solutions in diverse sectors like healthcare, agriculture, and conservation. Hence, the importance of Biometry and Statistics in today’s data-driven world is undeniable.

References

0. – https://www.www.statista.com

1. – https://www.www.gartner.com

2. – https://www.www.grandviewresearch.com

FAQs

What is Biometry?

Biometry is the application of statistical analysis to biological data. It involves the design of biological experiments, the collection and analysis of data from those experiments and the interpretation of the results.

What are the applications of Biometry?

Biometry has a wide range of applications including medical and health services research, environmental and ecological studies, agriculture, and genetics. It is also used in human identification systems, such as biometric security systems.

What is a Biometric System?

A biometric system is an advanced security system that uses unique physiological or behavioral attributes of an individual, such as fingerprints, iris patterns, facial structure, or vocal parameters, for identification or verification purposes.

What are the advantages of Biometry?

Biometry provides accurate and reliable data analysis which is important in scientific research. In security, biometric systems offer more security than traditional methods because they are based on unique individual characteristics that are difficult to replicate.

What are the limitations of Biometry?

Biometric systems can be expensive to implement and maintain. Also, the accuracy of biometric identification can be affected by changes in the individual's characteristics due to aging, illness, or injury. In research, biometric data analysis requires a high degree of statistical expertise.

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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