According to the Foreclaro Global Research, the
Global
Consumer Electronic Biometrics Market size was valued at USD 7263.4 million
in 2024. The report “Global
Consumer Electronic Biometrics Market Segmentation By Biometric
Type (Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice
Recognition, Palm Vein Authentication, Behavioural Biometrics), By Product Type
(Smartphones & Tablets, Wearable Devices, Smart Home Devices, Point-of-Sale
(POS) Terminals, PC & Laptop Security Systems), By Authentication Mode (One-factor
Biometric Authentication, Multi-factor (Biometric combined with PIN/Password)),
By End User (Consumer Electronics, Financial Institutions, Telecommunication, Healthcare,
Transportation, Government & Public Sector), By Deployment Mode (On-Device
(Local Authentication), Cloud-Based / Remote Biometric Services)- Industry Trends and Forecast to
2033” gives a
detailed insight into current market dynamics and provides analysis on future
market growth.
Global Consumer Electronic Biometrics Market
has been growing phenomenally, with the rising demand for secure and seamless
authentication in smartphones, wearables, and smart home devices. Fingerprint,
facial, and iris biometrics are being increasingly integrated into consumer
electronics to add convenience for the user, minimize fraud, and liberate the
user from password dependence. Growing concerns over cyber threats and digital
identity theft have led consumers and manufacturers to adopt advanced biometric
authentication to better protect their data.
Furthermore, the demand for this trend is
accelerated by mobile payments, remote access, and IoT-connected devices. In
addition, fast-moving technologies in AI and sensors are enabling biometric
solutions that are faster, accurate, and cost-effective. Major companies are
putting in serious work through innovation and partnerships to build up their
product offerings and gain a wider reach globally. Emerging markets in
Asia-Pacific, in particular, are witnessing much adoption on account of
smartphone penetration, digital transformation, and government initiatives
enabling biometric-based identity verification.
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Global
Consumer Electronic Biometrics Market Report Highlights
· As
biometrics are definitely more secure than conventional PIN and password
mechanisms, there is an increased demand from users who want better security
features for their smartphones, wearables, and smart home devices.
· Fingerprint
and facial recognition have long remained the dominant biometric systems, and
although iris and voice recognition technologies are rapidly evolving in terms
of accuracy and ease of use, they still remain far behind fingerprinting and
face recognition.
· As
in most instances of MFA with biometrics in conjunction with PINS/passwords,
the trend is going to become fast 'normal' practice, especially for financial
and high-security applications.
· Asia-Pacific
will fuel the greatest growth, becoming rapidly the home of adoption of
smartphones and mobile payments, in conjunction with government-led digital
identity initiatives across a variety of countries such as India and China.
· With
incredibly rapid advances being made-to-technologies like, including AI and
machine learning, and shrinking of sensor sizes, the biometric portions are
becoming more accurate and faster in consumer electronics.
· Significant
companies such as Apple, Qualcomm, Synaptics, and IDEMIA are pouring money into
research and development, along with entering into strategic partnerships, to
carve out next-gen biometrics and widen their global reach.
Foreclaro
Global Research has segmented the Consumer Electronic Biometrics Market report
based on Biometric Type, Product Type, Authentication Mode, End User, Deployment
Mode and region:
Consumer Electronic Biometrics Market, Biometric
Type Outlook (Revenue - USD Million, 2020 - 2033)
Fingerprint Recognition
Facial Recognition
Iris Recognition
Voice Recognition
Palm Vein Authentication
Behavioral Biometrics
Consumer Electronic Biometrics
Market, Product type Outlook (Revenue - USD Million, 2020 - 2033)
Smartphones & Tablets
Wearable Devices
Smart Home Devices
Point-of-Sale (POS) Terminals
PC & Laptop Security Systems
Consumer Electronic Biometrics
Market, Authentication Mode Outlook (Revenue - USD Million, 2020 - 2033)
One-factor Biometric Authentication
Multi-factor (Biometric combined with
PIN/Password)
Consumer Electronic Biometrics
Market, End User Outlook (Revenue - USD Million, 2020 - 2033)
Consumer Electronics
Financial Institutions
Telecommunication
Healthcare
Transportation
Government & Public Sector
Consumer Electronic Biometrics
Market, Deployment Mode Outlook (Revenue - USD Million, 2020 - 2033)
On-Device (Local Authentication)
Cloud-Based / Remote Biometric Services
Consumer Electronic Biometrics
Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Consumer Electronic Biometrics Market Key Players
·
Microsoft
·
Suprema, Inc.
·
FaceFirst, Inc.
·
Precise Biometrics AB
·
HID Global Corporation
·
Apple Inc.
·
IDEMIA
·
Aware, Inc.
·
Synaptics Incorporated
·
Qualcomm Technologies, Inc.