The biometrics in government market has seen rapid growth, expanding from $5.36 billion in 2023 to $6.13 billion in 2024, with a compound annual growth rate (CAGR) of 14.4%. This increase is driven by rising national security concerns, the expansion of e-government services, growth in national ID programs, prison and correctional facility expansions, and a heightened need for fraud detection and prevention systems. The market is expected to continue its strong growth, reaching $10.62 billion by 2028 at a CAGR of 14.7%. Future growth is fueled by rising demand for enhanced border security, increasing investments in AI-driven biometric solutions, growing use of e-passports and e-visas, escalating security concerns, and more stringent security measures. Key trends include advancements in biometric technology, adoption of facial recognition for border control, biometric voter registration systems, integration of biometric authentication, and voice recognition technology.
Major Driver In The Biometrics In Government Market
Rising security concerns are expected to drive growth in the biometrics market within the government sector. These concerns include threats to information, systems, or physical assets due to factors such as cybersecurity risks, physical security issues, supply chain vulnerabilities, regulatory compliance, terrorism, political instability, and privacy concerns. Biometrics enhance government security by improving service efficiency and reducing identity fraud. For instance, the Federal Bureau of Investigation noted a 127% surge in investment fraud complaints from $1.45 billion in 2021 to $3.31 billion in 2022. This growing concern over financial security is fueling the demand for biometrics in government applications.
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Biometrics In Government Market Competitive Landscape
Qualcomm Technology Inc., Fujitsu Limited, NEC Corporation, Thales Group, IDEMIA Group SAS, HID Global Corporation, Nuance Communications Inc., secunet Security Networks AG, Daon Inc., Dreamlog Identification System GmbH, Accu-Time Systems Inc., BioEnable Technologies Pvt. Ltd., Cognitec Systems GmbH, Aware Inc., Iris ID Systems Inc., BI2 Technologies LLC, Innovatrics sro, Precise Biometrics AB, BIO-key International Inc., Ayonix Corporation, Fulcrum Biometrics Inc., id3 Technologies, JENETRIC GmbH
Key Biometrics In Government Market Trend
In the government biometrics market, companies are focusing on innovative authentication solutions such as vein authentication. Vein authentication uses unique vein patterns for identification and verification. In May 2024, Uniken, a US-based software company, introduced palm vein authentication as part of its REL-ID security platform. This technology offers highly secure and convenient identity verification, particularly for financial services, healthcare, and e-government applications.
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Biometrics In Government Market Segmentation
The biometrics in government market covered in this report is segmented –
1) By Type: Contactless, Contact-Based, Hybrid Or Multimodal
2) By Components: Hardware, Software
3) By Mode: Fingerprint Recognition, Face Recognition, Iris Recognition, Palmprint Recognition, Vein Recognition, Signature Recognition, Voice Recognition, Other Modes
4) By Application: Border Control, Public Safety, Voter Registration, Latent Fingerprint Matching, National ID
5) By End User: Civil, Military, Law Enforcement, E-Passport, E-Visas, Commercial, Healthcare And Welfare, Other End-Users
By Geography:The regions covered in the biometrics in government market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the biometrics in government market in 2023. Asia-Pacific is expected to be the fastest-growing region in the market going forward.
The Biometrics In Government Global Market Report 2024 furnishes information about the global biometrics in government market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
