openPR Logo
Press release

Lucintel Forecasts the Global Biometrics Market is expected to grow with a CAGR of 13.2% from 2025 to 2031

06-24-2025 08:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Lucintel Forecasts the Global Biometrics Market is expected

According to a market report by Lucintel, the future of the global biometrics market looks promising with opportunities in the BFSI, education, healthcare, government, military, household and others markets. The global biometrics market is expected to grow with a CAGR of 13.2% from 2025 to 2031. The major drivers for this market are the increasing sophistication of biometric system, rising need for secure authentication method, and growing threat of identity theft and fraud.

A more than 150-page report to understand trends, opportunity and forecast in biometrics market to 2031 by type (fingerprinting technology, iris recognition technology, facial recognition technology, and voice recognition technology), application (bfsi, education, healthcare, government, military, household, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, facial recognition technology is expected to witness the highest growth over the forecast period.

Within the application category, BFSI is expected to witness the highest growth.

Download sample by clicking on biometrics market [https://www.lucintel.com/biometrics-market.aspx]

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Idemia (Safran Group), Kaba, Bosch Security, Johnson Controls, NEC Corporation, Hid Global, Zkteco, DDS, Hitachi, Suprema are the major suppliers in the biometrics market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com [mailto:helpdesk@lucintel.com] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard [https://www.lucintel.com/360/reports/analytics-dashboard.aspx].

About Lucintel

At Lucintel [http://www.lucintel.com/], we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com [mailto:roy.almaguer@lucintel.com] Tel. +1-972-636-5056

Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=lucintel-forecasts-the-global-biometrics-market-is-expected-to-grow-with-a-cagr-of-132-from-2025-to-2031]
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Lucintel Forecasts the Global Biometrics Market is expected to grow with a CAGR of 13.2% from 2025 to 2031 here

News-ID: 4080423 • Views:

More Releases from ABNewswire

The Neighbourhood The Wourld Tour 2026: Cheapest Tickets Available Now - Apply CITY10 at CapitalCityTickets.com
The Neighbourhood The Wourld Tour 2026: Cheapest Tickets Available Now - Apply C …
The Neighbourhood's The Wourld Tour 2026 brings the alt-rock band's signature sound to arenas worldwide, supporting their new album (((((ultraSOUND))))). Kicking off March 28 in Austin, TX (Moody Center), the tour hits North America, Europe, Australia, Asia, and more through October 2026-including stops at Madison Square Garden (NYC), TD Garden (Boston), Kia Forum (LA), and recent additions like Little Caesars Arena (Detroit, Nov 19). The Neighbourhood's The Wourld Tour 2026 [https://www.capitalcitytickets.com/The-Neighbourhood-Tickets]
Andatel Grande Patong Phuket: 40-50M THB Mold Remediation After 6-Year Coastal Closure
Andatel Grande Patong Phuket: 40-50M THB Mold Remediation After 6-Year Coastal C …
Andatel Grande Patong Phuket addresses extensive mold damage from unprecedented six-year COVID closure (March 2023-March 2026) through comprehensive remediation program. The 122-room property invested 40-50 million Thai Baht (35% of total 120-140M budget) demolishing and rebuilding affected ceilings and walls. Coastal humidity exceeding 80% without air conditioning created severe mold penetration throughout property. PATONG, Phuket, Thailand - February 22, 2026 - One of the best Andatel Grande Patong Phuket option in
Best Deals on MercyMe 2026 Tour Tickets: Get Affordable Seats at CapitalCityTickets.com with CITY10 Promo Code Today
Best Deals on MercyMe 2026 Tour Tickets: Get Affordable Seats at CapitalCityTick …
MercyMe's Wonder + Awe Tour 2026 kicks off March 12 in Greensboro, NC, featuring hits like "I Can Only Imagine" and new tracks from their upcoming album. With special guests Big Daddy Weave, Tim Timmons, and Sam Wesley, the 24+ city spring run spans the U.S., from East Coast arenas to West Coast venues, wrapping April 25 in Spokane, WA. MercyMe's Wonder + Awe Tour 2026 [https://www.capitalcitytickets.com/MercyMe-Tickets] is bringing an uplifting
Upcoming Book Offers Readers a Rare Perspective, Taking Them on a Mother's Journey from Legal Insider to Grieving Client
Upcoming Book Offers Readers a Rare Perspective, Taking Them on a Mother's Journ …
Sarah Standifird's upcoming book, Citizen's Prey, will be released on March 28 and offers a rare, unflinching look at what happens when families are forced to navigate the justice system after preventable tragedy. With years of experience in the legal industry, Sarah Standifird once worked alongside attorneys nationwide. Now, she writes from the other side of the courtroom-as a grieving mother navigating the system as a client-offering a rare and unflinching

All 5 Releases


More Releases for Lucintel

Lucintel Forecasts the Global Carbon Fiber Textile Market
Lucintel finds that the future of the global carbon fiber textile intermediate material market looks promising with opportunities in transportation, marine, wind energy, aerospace and defense, construction, consumer goods end use industries. The global carbon fiber textile market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031 According to a market report by Lucintel, the future of the global carbon fiber
Lucintel Forecasts Bicycle Market to Reach $62.0 billion
According to the recent study the bicycle market is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030 According to the recent study the bicycle market [https://www.lucintel.com/bicycle-market-report.aspx] is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily
Lucintel Forecasts BRIC Composites Market
According to the recent study the BRIC composites market is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030 According to the recent study the BRIC composites market [https://www.lucintel.com/bric-composites-market.aspx] is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030. Growth in this market
Lucintel Forecasts FRP Pole Market to Reach $277.0 million
According to the recent study the FRP Pole Market is projected to reach an estimated $277.0 million by 2030 from $218.3 million in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by the ongoing replacement of obsolete wooden poles and performance benefits of FRP poles like rot and corrosion resistance, minimal maintenance, and easy installation over wood, steel, and other poles. According
Lucintel Forecasts Acrylonitrile Market to Reach $13.0 billion by 2023
According to the recent study the acrylonitrile market is projected to reach an estimated $13.0 billion by 2023 from $10.6 billion in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by increasing use of acrylonitrile in various parts of automotive and construction industry for its chemical and thermal properties, and the use of acrylonitrile in manufacturing acrylic fiber and acrylonitrile butadiene
Lucintel Forecasts Recycled Carbon Fiber Market
According to the recent study the recycled carbon fiber market is projected to reach an estimated $103.0 million by 2030 from $59.20 million in 2023, at a CAGR of 8.0% from 2023 to 2030. Growth in this market is primarily driven by regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber. According to the recent study the recycled carbon fiber