Fingerprint Biometrics Market Outlook from 2025 to 2035

The global Fingerprint Biometrics market is projected to grow significantly, from USD 26,329.3 Million in 2025 to USD 69,367.2 Million by 2035 an it is reflecting a strong CAGR of 10.4%. Fingerprint biometric technology is rapidly being adopted by organizations for secure access and authentication. Since most business operations have turned to digital security measures, fingerprint biometrics provide a completely reliable and tamper-resistant process of identity verification.

BFSI, healthcare, IT, etc. are some of the industries to implement these solutions for better security and lower risk of unauthorized access. The fingerprint biometrics have exploded over the past few years: everywhere, from GDPR in Europe to CCPA in California, the market is feeling the heat of the regulatory landscape.

To satisfy compliance mandates, organizations must deploy robust identity verification systems. Implementation of biometric solutions aids in secured and traceable authentication reducing the potential of being a victim of identity fraud and help you to comply with privacy laws and industry standards.

Fingerprint Biometrics Market Assessment

Attributes  Description
Industry Size (2025E) USD 26,329.3 million
Industry Size (2035F) USD 69,367.2 million  
CAGR (2025 to 2035) 10.4% CAGR

As the businesses are progressively heading towards digital transformation, hence using fingerprint biometrics to secure cloud services, IT infrastructure and financial transactions. Therefore, businesses need an advanced biometric authentication solution that will protect against the risk of a data breach while allowing quick and accurate user identification.

As organizations continue to conduct business digitally, the need for fraud prevention solutions remains in high demand. Rising cybercrimes and data breaches are driving the organizations to implement biometric security solutions for identity verification. Fingerprint biometrics allow for real-time authentication and continuous monitoring, greatly reducing the risks of identity theft, unauthorized access, and insider threats.

These systems add to the security on top of classic password-based authentication weaknesses. Fingerprint Biometrics Market: Geographic Analysis in North America accounts for the largest share of fingerprint biometrics market, attributed to stringent cybersecurity policies coupled with the presence of key biometric solution providers in the region.

Adoption rates are additionally fueled by the growing digital economy and regulatory scrutiny. However, such low biometric infiltration in emerging markets like India and Australia is changing, and it adopts the biometrics technology to ensure banking, IT, and government applications are more secure, and save digital transactions and identity verification become safer.

Explore FMI!

Book a free demo

Contracts & Deals Analysis

Company IDEMIA
Contract/Development Details Secured a contract with a national government to provide fingerprint biometric systems for citizen identification and border control, enhancing national security measures.
Date May 2024
Contract Value (USD Million) Approximately USD 60
Renewal Period 6 years
Company HID Global
Contract/Development Details Partnered with a multinational bank to implement fingerprint authentication for secure customer transactions, aiming to reduce fraud and enhance user experience.
Date September 2024
Contract Value (USD Million) Approximately USD 25
Renewal Period 5 years

Key Industry Highlights

Expansion of digital payments fuels the need for biometric authentication in financial services

As more transactions become cashless and digital banking continues to grow, the need for secure authentication methods in financial services becomes more pronounced. Fingerprint biometrics stand as a trusted and convenient means of validating identities in mobile banking applications, digital wallets, and ATMs.

By providing a highly unique and non-reproducible method of verifying one's identity that can't easily be forgotten or stolen, fingerprint authentication can increase transaction security compared to traditional passwords or PINs. Governments across the globe are also advocating for biometric-enabled financial transactions in order to enhance security and curtail fraud in banking operations.

Statistics like the ones released recently by the Reserve Bank of India (RBI) show more than 2 billion biometric transactions using the Aadhaar-enabled Payment System (AePS) in 2023 to ensure hundreds of millions of people have secure financial access. Likewise, Brazil’s government imposed biometric authentication on social security and pension payments to eliminate fraudulent orders.

As consumers increasingly turn to digital payments, financial institutions have rolled out solutions employing biometric authentication to combat identity theft, phishing attacks and account takeover. Fingerprint Biometrics Protecting our Potential Cashless Future As cashless transactions continue to rise, fingerprint biometrics will be critical in protecting our financial ecosystems while providing ease and security to the people engaging in these transactions.

Adoption of multi-factor authentication (MFA) combines biometrics with other security layers

It combines the convenience of finger print biometrics with the strength of passwords or OTPs or smart cards, and hence businesses and governments are increasingly adopting MFA too, thanks to the rise in cyber threats and data breaches.

Traditional approaches to authentication are susceptible to hacking, phishing, and social engineering attacks, so it is essential to integrate biometric authentication as an additional line of defense. MFA adds an extra layer of security by requiring an additional action - inherent to the individual - to the password process that access to sensitive information and systems remains protected even if a password is breached.

To increase national security and the protection of critical infrastructures, governments increasingly require stronger authentication frameworks. The European Banking Authority (EBA) has been enforcing Strong Customer Authentication (SCA) in accordance with the revised Payment Services Directive (PSD2), including biometric traits in online transactions.

According to a report by the USA Cybersecurity & Infrastructure Security Agency (CISA), 80% plus of all breaches related to hacking in 2023 stemmed from weak or stolen credentials, fuelling organizations to implement biometric-based MFA solutions.

Fingerprint biometrics are being integrated into the authentication models of top tech companies and top-tier financial institutions, allowing only legitimate users to access accounts, devices, and applications. As cyber threats evolve, adopting MFA using fingerprint biometrics will be essential to improving digital security in various fields.

Expansion in automotive biometrics for keyless entry and driver authentication

Fingerprint biometrics are being adopted by the automotive industry to authenticate car owners and provide a more user-friendly experience. Traditional car keys and fobs can be easily stolen, cloned, or duplicated, leading automakers to implement biometric authentication for secure access.

Fingerprint biometrics are being incorporated in steering wheels, ignition systems, and even door handles, enabling the driver to unlock their cars and start their engines without a physical key. Not only does this improve anti-theft systems, but it also offers a bespoke driving experience by adjusting seat configurations and controls depending on who is using the car.

Governments have understood the necessity of biometric vehicle security and are enforcing regulations to encourage its implementation. By 2023, the South Korean government announced that half a million new vehicles manufactured each year would come with a fingerprint-based start system in an attempt to counter vehicle theft.

Likewise, China’s Ministry of Industry and Information Technology (MIIT), a Chinese government body promoting an innovative environment, has mandated that biometric authentication should be implemented in smart vehicle systems to improve road safety.

As the automotive industry increasingly shifts towards connected and autonomous vehicles, automotive biometrics will be pivotal in providing safe and intuitive access to vehicles and addressing challenges such as car theft, unauthorized vehicle usage, and even driver impersonation.

Privacy concerns over biometric data storage and potential misuse hinder adoption

Biometric data is immutable and hence, in the event that it gets compromised in some way, cannot be changed. Storing fingerprint data in centralized databases make it a high value target for cybercriminals which increases the risk of a breach.

If those types of databases are hacked, people can’t change their fingerprints as they would with passwords, tinging them with long-term security vulnerabilities. Organizations are already subject to stringent privacy regulations, but with laws differing from one country to another, compliance can't happen the same way globally.

The majority of individuals and advocates are against the proposed use of fingerprint biometrics, who are concerned that their biometric information may be used against them, particularly by governments or corporations.

These concerns escalate with biometric tracking, which could be used for unauthorized surveillance, profiling, or identity theft. Accounts of biometric data being shared with third parties without permission have further stoked skepticism about this method, causing apprehension amongst consumers to opt for fingerprint-based authentication.

Moreover, general opacity in organizations' collection and protection of biometric data fuels even more skepticism. As biometric authentication becomes further integrated into banking, healthcare, and consumer electronics, privacy concerns will continue to hold adoption back, particularly in places with strong data protection laws or high public resistance to biometric tracking.

Shifts in the Fingerprint Biometrics Market from 2020 to 2024 and Future Trends 2025 to 2035

Market Shift 2020 to 2024
Regulatory Landscape Stricter biometric data protection laws influenced fingerprint authentication policies.
Sensor & Hardware Improvements Advancements in under-display and capacitive fingerprint sensors.
Financial & Payment Industry Adoption Increased use of fingerprint biometrics in contactless payments.
Consumer Electronics Integration Smartphones and IoT devices expanded fingerprint biometric usage.
Market Growth Drivers Rise in demand for secure yet convenient authentication methods.
Market Shift 2025 to 2035
Regulatory Landscape AI-driven fingerprint authentication integrates decentralized identity storage.
Sensor & Hardware Improvements Quantum-secured fingerprint recognition ensures tamper-proof authentication.
Financial & Payment Industry Adoption AI-driven fraud detection algorithms enhance security in biometric transactions.
Consumer Electronics Integration AI-powered behavioral biometrics enhance multi-factor authentication across devices.
Market Growth Drivers AI-driven continuous authentication reshapes identity verification.

Country-wise Insights

The section highlights the CAGRs of countries experiencing growth in the Fingerprint Biometrics market, along with the latest advancements contributing to overall market development. Based on current estimates China, India and USA are expected to see steady growth during the forecast period.

Countries CAGR from 2025 to 2035
India 13.9%
China 12.6%
Germany 8.1%
Japan 11.0%
United States 9.8%

Rising adoption of fingerprint biometrics in China for national ID programs and digital payments

Fingerprint recognition as an important means of identity verification and financial transaction is an important force in Chinese biometric authentication。 China is an active force in fingerprint recognition end user The Chinese government controls the National ID system which incorporates fingerprint biometrics to provide security as well as mitigate against identity fraud.

This initiative has affected more than 1.4 billion citizens, and biometric authentication is now required for passport applications, social services, and law enforcement. Moreover, given the prevalent use of Alipay and WeChat Pay in China, they both utilize fingerprint approaches for use in e-commerce payments.

SIM card registration and financial services also requires biometric verification; this has pushed widespread adoption by the government as well. The Chinese government will be upgrading its national identity verification system and effectively expanding the use of fingerprint biometrics in e-governance and financial security. More than 90 percent of Chinese citizens have their biometric data associated with government services according to official reports.

India’s push for biometric verification in Aadhaar-linked services drives fingerprint adoption

The world’s largest biometric identification system, India’s Aadhaar, has gone on to see wide adoption of fingerprint biometrics. Aadhaar, operated by the Unique Identification Authority of India (UIDAI), utilizes fingerprint recognition to confirm identities for access to government subsidies, banking and digital services.

And with more than 1.3 billion Indians having registered their fingerprints under Aadhaar, biometric authentication has become a prerequisite for accessing welfare programs, filing taxes and mobile banking. Fingerprint biometrics is used for secure account access and fraud prevention by both private and public banks in India. As the uptake in digital transactions and fintech services proliferate, fingerprint authentication has become indispensable in financial security.

Just like the Indian Government rolled out mandatory biometric verification for high-value transactions and disbursements of public welfare benefits. UIDAI states that more than 50 million authentications take place on a daily basis using fingerprint biometrics. The Reserve Bank of India (RBI) has also mandated banks to provide biometric authentication for mobile payments, adding to digital securit.

Growth in biometric access control for workplaces and smart homes in the USA

Fingerprint biometrics are increasingly being used for applications from workplace security to smart homes in the USA Thus, finger print access control systems are increasingly being deployed by companies looking to boost security beyond that of traditional keycards and PINs.

To avoid unauthorized access and improve the accuracy of authentication, large; enterprises; and government offices are implementing biometric entry systems. Fingerprint-based smart locks and home automation systems are increasingly being adopted in the residential sector, providing homeowners with a secure, convenient means of access management.

Enterprise cybersecurity is another area where you can see the upward trend for fingerprints in particular for employee login systems where more and more data is at stake so security needs to be better. In Oct 2023. Federal Security seminars more than 5,000 federal facilities help to implement fingerprint authentication camera access to the secure areas of the buildings.

Category-wise Insights

The section contains information about the leading segments in the industry. By Authentication Type, the Multi-Factor Authentication segment is estimated to grow quickly from the period 2025 to 2035. Additionally, by Industry, Banking & Finance segment hold dominant share in 2025.

Multi-Factor Authentication Surges as Security Demands Rise in Fingerprint Biometrics

Authentication Type CAGR (2025 to 2035)
Multi-Factor Authentication 11.8%

The increasing risk of cyber threats and identity fraud drives the adoption of Multi-Factor Authentication (MFA) across fingerprint biometrics. Because of its vulnerabilities, companies are switching from single-factor authentication (SFA) to fingerprint-based MFA which uses a combination of palm prints, passwords, one-time passwords (OTPs), or smart tokens. Governments around the world are instituting stricter authentication requirements.

For instance, MFA is already mandated in the USA government in federal agencies as part of its Zero Trust Strategy, where fingerprint authentication is one of the other factors required to access their systems securely. According to a recent report by the Cybersecurity and Infrastructure Security Agency (CISA), more than 70% of data breaches are the result of weak authentication, showing the importance of stronger security standards.

Fingerprint-based MFA is most popular in the financial sector. In India, digital banking can be fraud-proof with biometric verification from Reserve Bank of India (RBI) for high-value transactions. Likewise, European banks are bound by the PSD2, which necessitates the use of multi-factor authentication for web payments.

Health care, defense, and enterprise IT systems are also increasing the use of fingerprint authentication in their MFA, as protecting sensitive data is imperative. As governments and businesses keep building solid security systems, uptake fingerprint biometrics will definitely encourage multi-factor authentication.

Banking & Finance Hold Largest Share in Terms of Value

Industry Value Share (2025)
Banking & Finance 20.7%

The Banking & Finance sector is the leading sector in the Fingerprint Biometrics Market. With the emergence of digital banking, mobile payments, and fintech services, fingerprint authentication has become one of the leading security features.

To provide banking with security and convenience, financial institutions across the globe are adopting fingerprint biometrics into ATMs, mobile banking applications, and cardless withdrawals. Just in the United States, large banks such as JPMorgan Chase and Bank of America have rolled out biometric logins for online banking.

It was recently announced by the Federal Reserve that over 80% of banks operating in the USA use biometric security systems as part of their protocols. Governments are also demanding toughened-up authentication in financial transactions. In China, the central bank has followed suit-increasingly requiring fingerprint verification for large transactions to prevent financial fraud.

Likewise, with Aadhaar-linked banking in India, biometric authentication must allow access to an account and initiate transaction, aggregating to about 1.5 billion Aadhaar-based authentications a month, official government data says.

This has led to even greater adoption of fingerprint biometrics due to the PSD2 regulations enforced by the European Union that require multi-factor authentication in financial services. With the broader global financial ecosystem continuing to focus on fraud prevention and regulatory compliance, the Banking & Finance sector continues to be the largest user of fingerprint biometrics.

Competition Outlook: Fingerprint Biometrics Market

The fingerprint biometrics market is witnessing a speedy expansion as a result of increasing security concerns, digital identity verification, and contactless authentication. Fingerprint recognition solutions are adopted into banking, government, healthcare and consumer electronics industries to improve security and user experience. The winners concentrate on AI-based biometric algorithms, better sensor hardware, and multi-modal authentication to extend their competitive advantage.

Market Share Analysis by Company

Company Name Estimated Market Share (%)
Thales Group 22-27%
IDEMIA 15-20%
NEC Corporation 12-18%
HID Global 8-12%
Fingerprint Cards AB 6-10%
Other Companies (combined) 25-35%

Key Company Offerings and Activities

Company Name Key Offerings/Activities
Thales Group Provides advanced fingerprint authentication for banking, government, and enterprise security. Focuses on AI-enhanced recognition and multimodal biometrics.
IDEMIA Develops biometric authentication solutions for digital identity, border control, and financial services. Invests in contactless fingerprint scanning technology.
NEC Corporation Specializes in AI-powered fingerprint and facial recognition for law enforcement, airport security, and enterprise authentication. Strengthens hybrid biometric systems.
HID Global Offers fingerprint-based access control solutions, workforce identity management, and embedded fingerprint sensors for IoT security.
Fingerprint Cards AB Leads in fingerprint sensor technology for mobile devices, automotive security, and biometric payment cards. Expands AI-driven biometric innovation.

Strategic Outlook

Thales Group (22-27%)

Thales Group is a major vendor in fingerprint biometrics market, offering biometric authentication solutions powered by artificial intelligence for high-security use cases. The firm improves biometric precision and fraud detection, providing fingerprint-centered authentication for banking, border management, and enterprise security. Thales has been investing multimodal biometrics, harnessing fingerprint, iris and facial recognition for more robust identity verification.

IDEMIA (15-20%)

IDEMIA a global leader in Augmented Identity, is a key partner providing advanced fingerprinting solutions for financial services, border control and national ID programs. Specializing in contactless fingerprint scanning, the company is making biometric authentication more convenient and hygienic. Ultimately, we believe IDEMIA’s investment in AI-powered fraud detection and mobile biometric security will assure its place as a market leader.

NEC Corporation (12-18%)

NEC Corporation specializes in AI-based fingerprint recognition in public safety, airport credentials, and corporate access control. The company combines fingerprint biometrics with AI-powered facial and behavior recognition, broadening its uses in digital identity verification. NEC pushes its biometric technology forward for government and enterprise security solutions.

HID Global (8-12%)

HID Global Enterprise Security Fingerprint Access Control↵ Fingerprint Workforce Authentication Biometric Hardware The integration of fingerprint biometrics adds to the existing security in the Internet of Things (IoT) technology and cloud-based authentication services, which enhances its market position. Mobile Biometric Authentication with Built-in Fingerprint Solutions HID Global.

Fingerprint Cards AB (6-10%)

Fingerprint Cards AB - a Swedish biometric company specializing in fingerprint scanner technology for smartphones, laptops, and payment systems. What They Do: The firm specializes in miniaturized, high-speed fingerprint recognition technology that can enable seamless user authentication. Contactless authentication is heading toward a revolution with Fingerprint Cards AB expanding its automotive security and biometric payment card business.

Other Key Players (25-35% Combined)

Market expansion is aided by companies such as Suprema Inc., BIO-key International, Precise Biometrics, Crossmatch (HID Global) and DERMALOG Identification Systems GmbH. They focus on biometric access control, law enforcement fingerprint scanning, and Ai-powered biometric verification, respectively. Continually innovating, they are responsible for the fundamental advancements in fingerprint biometrics in security high stakes verticals.

Key players in the Fingerprint Biometrics Industry

  • Thales Group
  • IDEMIA
  • NEC Corporation
  • HID Global
  • Fingerprint Cards AB
  • Suprema Inc.
  • BIO-key International, Inc.
  • Precise Biometrics
  • Crossmatch (Owned by HID Global)
  • DERMALOG Identification Systems GmbH

Frequently Asked Questions

What is the future of Global Fingerprint Biometrics industry?

The Global Fingerprint Biometrics industry is projected to witness CAGR of 10.4% between 2025 and 2035.

What was the worth of the Global Fingerprint Biometrics industry in 2025?

The Global Fingerprint Biometrics industry stood at USD 26,329.3 million in 2025.

What will the worth of Global Fingerprint Biometrics industry by 2035 end?

The Global Fingerprint Biometrics industry is anticipated to reach USD 69,367.2 million by 2035 end.

Which region to showcase the highest CAGR during forecast period?

South Asia & Pacific is set to record the highest CAGR of 12.3% in the assessment period.

Who are the key providers of Global Fingerprint Biometrics industry?

The key players operating in the Global Fingerprint Biometrics Industry Thales Group, IDEMIA, NEC Corporation, HID Global, Fingerprint Cards AB, Suprema Inc., BIO-key International, Precise Biometrics, Crossmatch, DERMALOG Identification Systems GmbH.

Table of Content
  1. Executive Summary
  2. Market Introduction
  3. Market Trends
  4. Pricing Analysis
  5. Global Market Demand Analysis 2020 to 2024 and Forecast 2025 to 2035
  6. Global Market Analysis, By Authentication Type
    • Single-factor Authentication
    • Multi-Factor Authentication
  7. Global Market Analysis, By Mobility
    • Fixed
    • Portable
  8. Global Market Analysis, By Industry
    • Government
    • Consumer Electronics
    • Military and Defense
    • Healthcare
    • Banking & Finance
    • Travel & Immigration
    • Automotive
    • Security
    • Others
  9. Global Market Analysis, By Region
    • North America
    • Latin America
    • East Asia
    • South Asia Pacific
    • Western Europe
    • Eastern Europe
    • Middle East and Africa
  10. North America Sales Analysis, by Key Segments and Countries
  11. Latin America Sales Analysis, by Key Segments and Countries
  12. East Asia Sales Analysis, by Key Segments and Countries
  13. South Asia & Pacific Sales Analysis, by Key Segments and Countries
  14. Western Europe Sales Analysis, by Key Segments and Countries
  15. Eastern Europe Sales Analysis, by Key Segments and Countries
  16. Middle East and Africa Sales Analysis, by Key Segments and Countries
  17. Competition Outlook & Dashboard
  18. Company Profile
    • Thales Group
    • IDEMIA
    • NEC Corporation
    • HID Global
    • Fingerprint Cards AB
    • Suprema Inc.
    • BIO-key International, Inc.
    • Precise Biometrics
    • Crossmatch (Owned by HID Global)
    • DERMALOG Identification Systems GmbH

Fingerprint Biometrics Market Segmentation

By Authentication Type:

In terms of Authentication Type, the segment is segregated into Single-factor Authentication and Multi-Factor Authentication.

By Mobility:

In terms of Mobility, the segment is segregated into Fixed and Portable.

By Industry:

In terms of Industry, it is distributed into Government, Consumer Electronics, Military and Defense, Healthcare, Banking & Finance, Travel & Immigration, Automotive, Security and Others.

By Region:

A regional analysis has been carried out in key countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe and Middle East and Africa (MEA), and Europe.

Explore Technology Insights

Electrochromic Glass Market

Electrochromic Glass Market Analysis - Growth & Forecast 2025 to 2035

Electrical Fuses Market

Electrical Fuses Market Analysis – Growth & Forecast 2025 to 2035

E-Learning Solution Market

E-Learning Solution Market by Solution, Deployment, & Region Forecast till 2035

Unified Communication as a Service (UCaaS) Market

Unified Communication as a Service (UCaaS) Market by Solution, Enterprise Size, Vertical & Region Forecast till 2035

Portable Monitor Market

Portable Monitor Market Analysis by Connectivity Type, Screen Type and Screen Size Through 2035

Contract Lifecycle Management Market

Contract Lifecycle Management Market by Solution, Business Function, Industry & Region Forecast till 2035

Future Market Insights

Fingerprint Biometrics Market