Global biometric payments are separated geographically into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North Africa’s biometric payments market is expected to expand at a modest CAGR of 48.8 percent over the projected period. Additionally, Asia Pacific is expected to achieve the greatest market share of almost 51% throughout the projection period, exhibiting a CAGR of 55.1 percent.
Fujitsu Ltd., Hitachi Ltd., Fulcrum Biometrics, LLC, NXP Semiconductors, Microsoft Corporation, Qualcomm Technologies, Inc., Tencent, and Diebold Nixdorf, Incorporated are some of the prominent industry leaders in the global biometric payments market.
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Biometric payment systems are a type of point-of-sale (POS) technology that enables a transaction or payment process through the use of biometric authentication. In addition to fingerprint biometric authentication technology, advancements in biometric technology have resulted in the emergence of sophisticated biometric authentication technologies such as palm recognition, eye recognition, and so on. However, due to the relative ease of use and low cost of fingerprint identification systems, biometric payments enabled by fingerprint authentication technologies are the most commonly accepted in the market. Technology advancements have even resulted in the launch of a multi-modal biometric payment terminal system, a solution that enables authentication by various modalities of identification, including fingerprint, iris, and palm, all from a single biometric payment terminal.
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Market for Biometric Payments on a Global Scale, 2018–2027
1. Orientation
1.1. Definition of the Market 1.2. Segmentation of the Market
2. Methodology of Research
Variables (Dependent and Independent)
2.2. Sensitivity Model with Multiple Factors
3. Global Biometric Payments Market Executive Summary
4. Analysis of Banks Integrating the Biometric Payments Landscape into the Infrastructure on a Country-by-Country Basis
North America 4.1.
Europe 4.2.
Asia-Pacific 4.3
Latin America 4.4
4.5. Africa and the Middle East
5. Regional Assessment of Acceptability and Restrictive Factors for Biometric Payment Acceptance
6. Examination of the Regulatory Environment
7. Market Trends
7.1. Drivers 7.2. Difficulties
7.3 Possibilities
7.4 Current Trends
8. Biometric Payments Market on a Global Scale
8.1. Market Size and Growth Prospects
8.1.1. According to Value (USD Billion)
8.1.2. According to Volume (Number of Payments, in Million)
8.2 According to Authentication Type
2018-2027F (USD Billion & Number of Payments)
2018-2027F (USD Billion & Number of Payments)
2018-2027F Palm-Vein (USD Billion & Number of Payments)
2018-2027F Finger-Vein (USD Billion & Number of Payments)
Psychological, 2018-2027F (USD Billion & Number of Payments)
2018-2027F Palmprint (USD Billion & Number of Payments)
2018-2027F Iris (USD Billion & Number of Payments)
8.3 Cloud-Based Architecture, 2018-2027F (USD Billion & Number of Payments)
, 2018-2027F (USD Billion & Number of Payments)
8.4 Payment Methods
Payments using Mobile Devices, 2018-2027F (USD Billion & Number of Payments)
Payments via Wearables, 2018-2027F (USD Billion & Number of Payments)
Payments Made in the Open, 2018-2027F (USD Billion & Number of Payments)
Payments by IoT, 2018-2027F (in USD and number of transactions) Other Payments, 2018-2027F (USD Billion & Number of Payments)
8.5 North America by Region, 2018-2027F (USD Billion & Number of Payments)
United States of America, 2018-2027F (USD Billion & Number of Payments)
Canada from 2018 until 2027F (USD Billion & Number of Payments)
Europe from 2018 to 2027F (USD Billion & Number of Payments)
2018-2027F Germany (USD Billion & Number of Payments)
France from 2018 until 2027F (USD Billion & Number of Payments)
2018-2027F Spain (USD Billion & Number of Payments)
UNITED KINGDOM, 2018-2027F (USD Billion & Number of Payments)
Europe as a whole, 2018-2027F (USD Billion & Number of Payments)
The Asia-Pacific region, 2018-2027F (USD Billion & Number of Payments)
The People’s Republic of China, 2018-2027F (USD Billion & Number of Payments)
India from 2018 to 2027F (USD Billion & Number of Payments)
2018-2027F Japan (USD Billion & Number of Payments)
2018-2027F South Korea (USD Billion & Number of Payments)
Asia-Pacific Continent, 2018-2027F (USD Billion & Number of Payments)
America Latina, 2018-2027F (USD Billion & Number of Payments)
Mexico, from 2018 until 2027F (USD Billion & Number of Payments)
Argentina, 2018-2027F (USD Billion & Payments) Brazil, 2018-2027F (USD Billion & Number of Payments)
Latin America in the whole, 2018-2027F (USD Billion & Number of Payments)
Middle East & Africa, 2018-2027F (USD Billion & Payments) South Africa, 2018-2027F (USD Billion & Payments) UAE, 2018-2027F (USD Billion & Payments) Rest of Middle East & Africa, 2018-2027F (USD Billion & Payments) (USD Billion & Number of Payments)
9. Competitive Environment
9.1 Hitachi & Co., Ltd.
Fujitsu
Fulcrum Biometrics, LLC 9.3
NXP Semiconductors 9.4
Microsoft Corporation 9.5
Qualcomm Technologies Inc. 9.6.
Tencent 9.7.
Diebold Nixdorf 9.8
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