Global Next Generation Biometrics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Function;

Contact, Non-Contact and Others.

By Technology;

Fingerprint, Face, Iris, Palm, Voice, Signature, DNA and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn588473318 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Next Generation Biometrics Market (USD Million), 2021 - 2031

In the year 2024, the Global Next Generation Biometrics Market was valued at USD 24,714.49 million. The size of this market is expected to increase to USD 74,619.08 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 17.1%.

One of the key trends in the next-generation biometrics market is a paradigm shift in business discourse towards prioritizing privacy and reducing security threats. End-users are increasingly seeking integrated solutions rather than relying on conventional methods.

The next-generation biometrics market is anticipated to grow significantly due to rising terrorist activities and the increasing theft of crucial data, raising national security concerns. For instance, in August 2022, Chile implemented an automatic biometric identification system (ABIS) to combat organized crime. By comparing the biometric records of the civil police (PDI), the civil registry, and Interpol, the system can instantaneously identify recognized criminals, illegal migrants, and unidentified deceased individuals.

Globally, rising identity fraud is a significant challenge restricting market growth. According to Onfido, identity fraud rose 43% year-over-year, with sophisticated fraud increasing by 57%. Criminals are employing smarter tactics, such as using realistic 2D/3D masks and deploying display attacks (e.g., showing a person's picture on a screen) to spoof verification systems. With 9 out of 10 consumers comfortable accessing digital services, the opportunities for fraudsters are increasing.

The industry benefits from the rise in electronic cards and biometric passports. For example, Costa Rica announced in September 2021 that it would launch its biometric passport in 2022. This new passport, created with advanced security technology, aims to prevent fraudulent attempts and complies with International Civil Aviation Organization requirements. Such advancements are expected to generate growth opportunities for the market throughout the projected period.

The COVID-19 outbreak significantly boosted the demand for touchless biometrics solutions, particularly in the healthcare sector, causing substantial changes across various industries. Advanced multifactor and multimodal biometrics solutions are becoming increasingly important due to their accuracy and compliance with COVID-19's social distancing norms.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Function
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Region
  4. Global Next Generation Biometrics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for security and identity management
        2. Advancements in biometric technology
      2. Restraints
        1. Privacy concerns
        2. Security risks
      3. Opportunities
        1. Growth of the Internet of Things (IoT)
        2. Government initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Next Generation Biometrics Market, By Function, 2021 - 2031 (USD Million)
      1. Contact
      2. Non-Contact
      3. Others
    2. Global Next Generation Biometrics Market, By Technology, 2021 - 2031 (USD Million)
      1. Fingerprint
      2. Face
      3. Iris
      4. Palm
      5. Voice
      6. Signature
      7. DNA
      8. Others
    3. Global Next Generation Biometrics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Safran S.A
      2. NEC Corporation
      3. 3M Cogent Inc
      4. Fujitsu Ltd
      5. Suprema Inc
      6. Cross Match Technologies Inc
      7. Fulcrum Biometrics LLC
      8. Thales Group
      9. Bio-Key International Inc
      10. Precise Biometrics AB
      11. Secunet Security Networks AG
  7. Analyst Views
  8. Future Outlook of the Market