Next Generation Biometrics Market

By Type Of Solution;

Face Recognition, Fingerprint Recognition, Iris Recognition, Palm Print Recognition, Signature Recognition and Others

By End User Vertical;

Government, Defense, Travel & Immigration, Home Security, Banking & Financial Service, Healthcare and Others

By Geography;

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

Next Generation Biometrics Market Overview

Next Generation Biometrics Market (USD Million)

Next Generation Biometrics Market was valued at USD 24,714.49 million in the year 2024. 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%.


Next Generation Biometrics Market

*Market size in USD million

CAGR 17.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)17.1 %
Market Size (2024)USD 24,714.49 Million
Market Size (2031)USD 74,619.08 Million
Market ConcentrationLow
Report Pages356
24,714.49
2024
74,619.08
2031

Major Players

  • Safran S.A
  • NEC Corporation
  • 3M Cogent Inc
  • Fujitsu Ltd
  • Suprema Inc
  • Cross Match Technologies Inc
  • Fulcrum Biometrics LLC
  • Thales Group
  • Bio-Key International Inc
  • Precise Biometrics AB
  • Secunet Security Networks AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Next Generation Biometrics Market

Fragmented - Highly competitive market without dominant players


The Next Generation Biometrics Market is witnessing rapid growth as demand for secure, convenient, and efficient identity verification increases. With around 45% of authentication platforms now incorporating biometrics, these technologies are becoming central to both digital and physical security. Their ability to deliver precise recognition, speed, and user-friendly functionality makes them essential for modern applications.

Technological Advancements
Advances in iris recognition, facial scanning, vein mapping, and behavioral biometrics are driving the market forward. Nearly half of next-gen security solutions integrate these innovations, supported by AI and machine learning to achieve higher accuracy and reliability. These upgrades enable stronger protection while improving operational performance.

Accuracy and Reliability
Next-gen biometrics provide up to 35% better verification performance compared to legacy methods. Features such as anti-spoofing resilience, faster processing times, and scalable integration strengthen their use in securing sensitive operations.

Expanding Applications
Adoption is growing across finance, healthcare, government, and consumer devices, where over 60% of smartphones and tablets now include biometric capabilities. Their use in secure payments, patient safety, and identity access management highlights their versatility in meeting evolving security requirements.

Future Outlook
More than 55% of authentication infrastructures will rely on advanced biometric technologies. With AI-powered verification, multimodal biometrics, and contactless solutions becoming mainstream, these systems will offer enhanced security, seamless access, and stronger user confidence, shaping the future of identity protection.

  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. 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. Next Generation Biometrics Market, By Function, 2021 - 2031 (USD Million)
      1. Contact
      2. Non-Contact
      3. Others
    2. 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. Next Generation Biometrics Market, By Component, 2021 - 2031 (USD Million)

      1. Hardware

      2. Software

      3. Services

    4. Next Generation Biometrics Market, By Authentication Type, 2021 - 2031 (USD Million)

      1. Single-Factor

      2. Multi-Factor

    5. 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. Thales Group
      2. NEC Corporation
      3. Fujitsu Ltd
      4. Siemens AG
      5. IDEMIA
      6. Advent International
      7. Cross Match Technologies
      8. Fingerprint Cards AB
      9. Suprema Inc.
      10. RCG Holdings Limited
      11. Safran SA
      12. HID Global Corporation
      13. EyeVerify, Inc.
      14. Synaptics Incorporated
      15. Aware, Inc.
  7. Analyst Views
  8. Future Outlook of the Market