The global AI-enabled biometric market was valued at USD 12.9 billion in 2023, growing at a CAGR of 13.2% from 2024 to 2033. The market is expected to reach USD 44.5 billion by 2033. The primary driver of this growth is the growing usage of AI-enabled biometrics for security threat prevention. As AI-enabled biometrics improve every element of the identity lifecycle, their use is growing.
The recent surge in artificial intelligence (AI) technology and the growing need for reliable and secure authentication solutions have propelled the Al-enabled biometrics market. Combining Al algorithms and machine learning capabilities has led to an evolution in biometrics, a technology that identifies people based on distinctive physical or behavioural characteristics. This combination has produced precise and effective biometric systems that increase convenience and security in various industries. Due to increased cyber threats, people's use of digital devices has become unpleasant as they start to doubt the security and privacy of their online activities. AI improves this experience by adding another level of protection. Because high-end installations require better precision and quicker reaction times, advanced biometric technologies, including behavioural biometrics, palm vein biometrics, and AI-powered biometrics, are becoming increasingly popular. AI has the potential to have a big impact on how businesses find, recruit, and choose their human resources. Businesses and government agencies frequently employ biometric technologies for security and access management. The United States government has shown a strong interest in biometric applications and actively supports advanced research initiatives in biometrics-related companies.
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In August 2021, DSP Group, Inc. was acquired by publicly traded San Jose, California-based Synaptics Incorporated for US$ 450 million. Synaptics Incorporated is a supplier of human interface hardware and software. The company anticipates expanding its IoT product line with the acquisition by adding more wireless and speech capabilities. Officials from Synaptics claim that their edge AI platform is optimized for on-device facial and voice biometrics. Including ultra-low power networking features would enhance the products' attractiveness to customers in the security and other industries.
In July 2022, German security and biometrics company Secunet announced plans to use their technology to outfit Zurich Airport to interface with the European Entry/Exit System (EES). Under the EES plan, citizens of third countries must register to pass the Schengen area's land, sea, and air borders using a facial image and four fingerprints.
In November 2022, The vendor of artificial intelligence (AI) visual sensing, Emza Visual Sense, was acquired by Synaptics, a manufacturer of interface gear. Taiwan-based fabless semiconductor manufacturer Himax Technologies acquired Emza. Whether a face is looking at a sensor or not is determined by Emza's face detection software. It can detect when a second face emerges, dim a display to save energy, and obfuscate content to guarantee security.
Growing need for secure authentication- Secure authentication solutions are becoming increasingly in demand as identity fraud and cyber dangers increase. Al-enabled biometrics use distinct physiological or behavioural characteristics that are hard to copy or fake, providing increased security.
Technical challenges- Al-enabled biometric system implementation necessitates overcoming technical obstacles such as high processing demands, difficult integration, and incompatibilities with current infrastructure. This is expected to hinder the market's growth during the forecast period.
Increasing opportunity from healthcare centres- Al-enabled biometrics have a lot of potential in the healthcare sector. Improved patient safety and privacy can result from using biometric technologies for patient identification, secure access management, and maintaining the accuracy of electronic health data. Thus, the increasing use of AI-enabled biometrics in the healthcare sector is expected to provide growth opportunities for the market during the forecast period.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the largest global AI-enabled biometric market, with a 42.3% market revenue share in 2023.
The region is among the most widely recognized regions for facial recognition implementation due to its growing infrastructure, increasing applicability in various fields, and technological improvements. Exciting opportunities and the possibility for significant expansion are presented to market participants by the region's developing consumer electronics industry and massive industrialization. Face recognition payments are being adopted in China. The smile-to-pay feature, which utilizes facial recognition to identify customers and instantly charge them via the app, has been tested at a KFC store in Southern China by AliPay, the country's largest payment app. Businesses and federal governments have collaborated to implement surveillance and identity management systems.
Asia Pacific Region AI-enabled Biometric Market Share in 2023 - 42.3%
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The modalities segment is divided into fingerprint recognition, voice recognition, face recognition, iris recognition, and others. The face recognition segment dominated the market, with a market share of around 29% in 2023. Millions of iPhone and Android smartphones are equipped with facial recognition biometric authentication technology, which has long been regarded as a valuable security feature. In 2021, augmented reality and machine learning advances have advanced face recognition technology. These advancements facilitate computer recognition of human faces.
The application segment is divided into defence, home security, government, BFSI, healthcare, and others. The government segment dominated the market, with a market share of around 25% in 2023. AI-enabled biometrics help in dismissing corruption through various government-deployed projects.
|Revenue (USD Billion)
|Market size value in 2023
|USD 12.9 Billion
|Market size value in 2033
|USD 44.5 Billion
|CAGR (2024 to 2033)
|The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
As per The Brainy Insights, the size of the AI-enabled biometric market was valued at USD 12.9 billion in 2023 to USD 44.5 billion by 2033.
The global AI-enabled biometric market is growing at a CAGR of 13.2% during the forecast period 2024-2033.
Asia Pacific emerged as the largest AI-enabled biometric market.
Key players in the AI-enabled biometric market are Aware Inc., Facephi Biometria, IDEMIA, Thales Group, NEC Corporation, Veridium, Assa Abloy, Ayonix Pty Ltd, Leidos Holdings, M2SYS Technology, Nuance Communications, and Fujitsu Limited.
This study forecasts global, regional, and country revenue from 2020 to 2033. The Brainy Insights has segmented the global AI-enabled biometric market based on the below-mentioned segments:
Global AI-enabled Biometric Market By Modalities:
Global AI-enabled Biometric Market By Application:
Global AI-enabled Biometric Market By Region:
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