AI-enabled Biometrics
Global AI-enabled Biometrics Market reached US$ 12.7 billion in 2022 and is expected to reach US$ 36.1 billion by 2030, growing with a CAGR of 16.5% during the forecast period 2024-2031.
The AI-enabled Biometrics Market receives exhaustive analysis from DataM Intelligence, delivering stakeholders essential market data, emerging industry patterns, and strategic business intelligence. This in-depth research explores the competitive landscape in detail, evaluating market leaders across multiple dimensions including their innovative product offerings, competitive pricing strategies, financial performance metrics, strategic growth plans, and regional market penetration efforts.
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AI-enabled biometrics combines artificial intelligence with biometric technologies-such as facial recognition, fingerprint scanning, and voice recognition-to enhance identity verification and security systems. By leveraging machine learning algorithms, these systems can improve accuracy, adapt to changes in user features, and detect spoofing attempts. Widely used in sectors like finance, law enforcement, and border control, AI-enabled biometrics offers faster, more secure, and seamless authentication experiences for both physical and digital access.
Market Players in the AI-enabled Biometrics market
The prominent players in AI-enabled Biometrics market research report are: IDEMIA, NEC Corporation, Fujitsu Ltd., Facephi Biometria, S.A., Thales Group, Leidos Holdings, Inc., Fingerprint Cards AB, Nuance Communications, Aware Inc. and Veridium.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
AI-enabled Biometrics Market Key Development
➤ Synaptics Acquires DSP Group to Boost IoT Capabilities: In August 2021, Synaptics completed its $450 million acquisition of DSP Group to enhance its IoT offerings with advanced speech and ultra-low power wireless technologies. The move strengthens Synaptics’ edge AI platform for voice and face biometrics, targeting applications in security and connected devices.
➤ Secunet to Equip Zurich Airport for EU Entry/Exit System: In July 2022, Germany-based Secunet announced plans to deploy its biometric technology at Zurich Airport to support the European Entry/Exit System (EES). The system will require third-country travelers to register facial images and fingerprints for border control across the Schengen area.
➤ Synaptics Acquires Emza for AI Visual Sensing: In November 2022, Synaptics announced the acquisition of Emza Visual Sense, an AI visual sensing specialist previously owned by Himax Technologies. Emza’s low-power face detection software can identify gaze direction, detect additional faces, and trigger display dimming or content protection, enhancing device intelligence and energy efficiency.
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AI-enabled Biometrics Market Segments
By Modalities: Face Recognition, Fingerprint Recognition, Iris Recognition, Voice Recognition, Others
By End-User: Mobile Biometrics and Smart Devices, Biometric Access Control Systems, Identity Verification and Authentication, Surveillance and Security, Others
By Application: Government, Defense, BFSI, Home Security, Healthcare, Others
The AI-enabled Biometrics industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Research Methodology
Our analytical framework employs cutting-edge statistical modeling and data mining techniques to identify emerging patterns, forecast market trajectories, and decode complex industry dynamics. We enhance our findings through sophisticated market segmentation analysis and Porter’s Five Forces evaluation, providing a 360-degree view of the competitive landscape. This multi-layered methodology ensures our delivered insights are not only data-driven and credible but also strategically relevant and immediately actionable for critical business decisions.
Regions Covered:
The global AI-enabled Biometrics Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America – US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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