PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1930213
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1930213
The global mobile biometrics market is experiencing rapid growth, driven by rising security concerns, digital transformation, and increasing smartphone adoption. The market was valued at USD 51.17 billion in 2025 and is projected to grow from USD 61.79 billion in 2026 to USD 267.91 billion by 2034, exhibiting a CAGR of 20.10%. Mobile biometrics employs authentication technologies such as facial recognition, fingerprint recognition, iris scanning, and voice recognition to verify identities on mobile devices. Governments and enterprises are integrating mobile biometrics with IoT devices, connected cars, and smart city infrastructure for secure access control and seamless identity verification.
Market Overview
The COVID-19 pandemic positively impacted the market as businesses and governments accelerated digital transformation. The shift to digital payments and remote work increased the need for secure authentication methods, prompting financial institutions, e-commerce platforms, and healthcare providers to adopt mobile biometric solutions. For example, Cerner integrates facial recognition in telehealth sessions to improve patient data security.
Impact of Generative AI
Generative AI enhances biometric accuracy, reducing false positives in facial and voice recognition. By generating synthetic biometric data, AI enables robust model training while minimizing privacy risks. AI also improves fraud detection in biometric-based payments by analyzing past behavioral patterns and enhances authentication speed, processing verification in milliseconds. However, generative AI introduces potential fraud risks such as deepfake-based spoofing, necessitating ethical AI governance and robust anti-spoofing mechanisms. In April 2024, HID Global partnered with ASSA ABLOY to enhance airport experiences using AI-powered facial recognition.
Market Dynamics
Drivers:
Restraints:
Opportunities:
Market Trends
Rapid adoption of IoT devices is driving mobile biometrics market growth. Smartphones, smartwatches, and smart home devices increasingly use biometric authentication. For instance, Samsung Galaxy Watch and Apple Watch employ fingerprint and facial recognition, while Amazon Ring and Google Nest use facial recognition for home security. Partnerships like HID Global and Imprivata (March 2024) for healthcare biometric kiosks illustrate this trend.
By Component: Hardware dominated with 64.24% market share in 2026, as physical sensors provide secure, instant verification. Software is expected to grow rapidly due to AI-enabled matching and cloud-based integration.
By Authentication Method: Multi-factor authentication captured 78.15% share in 2026, combining biometrics with PINs or OTPs to reduce unauthorized access. Single-factor authentication grows moderately due to user convenience.
By End-User: BFSI dominated in 2024, capturing 26.29% market share in 2026, as mobile banking apps leverage biometrics for secure transactions. Healthcare is projected to grow at the highest CAGR of 24.70%, ensuring accurate patient identification and secure access to sensitive data.
Competitive Landscape
Key players include NEC Corporation, Nuance Communications, Aratek, Aware, Inc., HID Global, M2SYS Technology, Precise Biometrics, Safran SA, 3M Congent, iProov, Veridium, and others. Companies focus on strategic acquisitions, partnerships, and R&D to enhance global presence and product offerings.
Key Developments:
Conclusion
The mobile biometrics market is projected to reach USD 267.91 billion by 2034, driven by IoT adoption, digital transformation, generative AI, and rising security needs. North America leads, followed by Asia Pacific and Europe. Advancements in multi-factor authentication, AI-enabled software, and government initiatives are expanding market opportunities, making mobile biometrics a critical investment for enterprises, governments, and consumers worldwide.
Segmentation By Component
By Authentication Method
By End-user
By Region
Companies Profiled in the Report Aratek (Taiwan), Aware, Inc. (U.S.), M2SYS Technology (U.S.), Precise Biometrics (Sweden), Nuance Communications, Inc. (U.S.), Safran SA (France), NEC Corporation (Japan), HID Global Corporation (U.S.), Applied Recognition, Inc. (Canada), CardLogix Corporation (U.S.), etc.