Biometric ATM Market: By Product Type By Component By Application and Geography

Biometric ATM Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Gait Recognition, Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition, Ear Acoustic Authentication, Others) By Component (Hardware, Software, Services) By Application ( Forensic Voice Analysis, Access Security, Payment, Others) and Region

Biometric ATM Market Size is expected to be valued at US$ 1,960.5 million in 2022 and is poised to grow at a CAGR of 30.3% from 2023 to 2029. There are a few factors that act as drivers such as the provision of better security that deter crimes, technological advancements and increasing number of cash withdrawals boosting the market. Lack of awareness, high-cost act as the restrains. Implementing specialized technologies for their customers for authentication provide multiple opportunities to the global biometric ATM market. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global biometric ATM market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed biometric ATM market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global biometric ATM market.

Biometric Atm Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

30.3%

Largest Market

Asia-Pacific

Fastest Growing Market

North America

Biometric ATM Market Dynamics

It is noticed that the global biometric ATM market has a significant market growth rate on perspective of growing penetration and adoption of voice biometric solutions. Voice biometrics is the science of using a person’s voice as a uniquely identifying biological characteristic in order to authenticate them. Also referred to as voice verification or speaker recognition, voice biometrics enables fast, frictionless and highly secure access for a range of use cases from call center, mobile and online applications to chatbots, IoT devices and physical access. Voice biometrics also improves the customer experience by removing frustration associated cumbersome login processes and lost and stolen credentials.

Biometric Atm Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 1,960.5 million

Market CAGR

30.3%

By Product Type

  • Gait Recognition
  • Fingerprint Recognition
  • Facial Recognition
  • Iris Recognition
  • Voice Recognition
  • Ear Acoustic Authentication
  • Others

By Application

  • Forensic Voice Analysis
  • Access Security
  • Payment
  • Others

By Component

  • Hardware
  • Software
  • Services

Key Features of the Report

  • The biometric atm market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The biometric atm market is projected to expand at a CAGR of 30.3% during the forecast period

SUPREMA, Safran, NEC Corporation, Infineon Technologies, CrossMatch Technologies, Fulcrum Biometrics, Synaptics

Asia Pacific is the fastest-growing region for biometric atm market

Author image

Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1. Executive Summary
2. Global Biometric ATM Market Introduction
2.1. Global Biometric ATM Market - Taxonomy
2.2. Global Biometric ATM Market -Definitions
2.2.1. Product Type
2.2.2. Component
2.2.3. Application
3. Global Biometric ATM Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Biometric ATM Market Dynamic Factors - Impact Analysis
3.6. Global Biometric ATM Market - Competition Landscape
4. Global Biometric ATM Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Biometric ATM Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1. Gait Recognition
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Fingerprint Recognition
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Facial Recognition
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Iris Recognition
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Voice Recognition
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Ear Acoustic Authentication
5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
5.7. Others
5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.7.3. Market Opportunity Analysis
6. Global Biometric ATM Market Forecast, By Component, 2018 - 2022 and Forecast, 2020 - 2026 (Revenue, USD Mn)
6.1. Hardware
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Software
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Services
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Biometric ATM Market Forecast, By Application, 2018 - 2022 and Forecast, 2020 - 2026 (Revenue, USD Mn)
7.1. Forensic Voice Analysis
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Access Security
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Payment
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Others
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
8. Global Biometric ATM Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Biometric ATM Market - Opportunity Analysis Index, By Product Type, Component, Application and Region, 2023 - 2029
9. North America Biometric ATM Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Gait Recognition
9.1.2. Fingerprint Recognition
9.1.3. Facial Recognition
9.1.4. Iris Recognition
9.1.5. Voice Recognition
9.1.6. Ear Acoustic Authentication
9.1.7. Others
9.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Hardware
9.2.2. Software
9.2.3. Services
9.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Forensic Voice Analysis
9.3.2. Access Security
9.3.3. Payments
9.3.4. Others
9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Biometric ATM Market - Opportunity Analysis Index, By Product Type, Component, Application and Country, 2023 - 2029
9.6. North America Biometric ATM Market Dynamics - Trends
10. Europe Biometric ATM Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Gait Recognition
10.1.2. Fingerprint Recognition
10.1.3. Facial Recognition
10.1.4. Iris Recognition
10.1.5. Voice Recognition
10.1.6. Ear Acoustic Authentication
10.1.7. Others
10.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Hardware
10.2.2. Software
10.2.3. Services
10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Forensic Voice Analysis
10.3.2. Access Security
10.3.3. Payments
10.3.4. Others
10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Biometric ATM Market - Opportunity Analysis Index, By Product Type, Component, Application and Country, 2023 - 2029
10.6. Europe Biometric ATM Market Dynamics - Trends
11. Asia-Pacific Biometric ATM Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
11.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Gait Recognition
11.1.2. Fingerprint Recognition
11.1.3. Facial Recognition
11.1.4. Iris Recognition
11.1.5. Voice Recognition
11.1.6. Ear Acoustic Authentication
11.1.7. Others
11.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Hardware
11.2.2. Software
11.2.3. Services
11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Forensic Voice Analysis
11.3.2. Access Security
11.3.3. Payments
11.3.4. Others
11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Biometric ATM Market - Opportunity Analysis Index, By Product Type, Component, Application and Country, 2023 - 2029
11.6. Asia-Pacific Biometric ATM Market Dynamics - Trends
12. Latin America Biometric ATM Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
12.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Gait Recognition
12.1.2. Fingerprint Recognition
12.1.3. Facial Recognition
12.1.4. Iris Recognition
12.1.5. Voice Recognition
12.1.6. Ear Acoustic Authentication
12.1.7. Others
12.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Hardware
12.2.2. Software
12.2.3. Services
12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Forensic Voice Analysis
12.3.2. Access Security
12.3.3. Payments
12.3.4. Others
12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Biometric ATM Market - Opportunity Analysis Index, By Product Type, Component, Application and Country, 2023 - 2029
12.6. Latin America Biometric ATM Market Dynamics - Trends
13. Middle East and Africa Biometric ATM Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
13.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Gait Recognition
13.1.2. Fingerprint Recognition
13.1.3. Facial Recognition
13.1.4. Iris Recognition
13.1.5. Voice Recognition
13.1.6. Ear Acoustic Authentication
13.1.7. Others
13.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Hardware
13.2.2. Software
13.2.3. Services
13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Forensic Voice Analysis
13.3.2. Access Security
13.3.3. Payments
13.3.4. Others
13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Biometric ATM Market - Opportunity Analysis Index, By Product Type, Component, Application and Country, 2023 - 2029
13.6. MEA Biometric ATM Market Dynamics - Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. SUPREMA
14.2.2. Safran
14.2.3. NEC Corporation
14.2.4. Infineon Technologies
14.2.5. CrossMatch Technologies
14.2.6. Fulcrum Biometrics
14.2.7. Synaptics
14.2.8. Techshino
14.2.9. BioEnable
14.2.10. Miaxis
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • SUPREMA
  • Safran
  • NEC Corporation
  • Infineon Technologies
  • CrossMatch Technologies
  • Fulcrum Biometrics
  • Synaptics
  • Techshino
  • BioEnable
  • Miaxis.

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