Asia Pacific Biometric Banking Market Size, Share & Industry Trends Analysis Report By Type (Fingerprint, Facial Recognition, Hand Geometry, Iris Recognition and Others), By Vertical, By Component, By Country and Growth Forecast, 2023 - 2030

The Asia Pacific Biometric Banking Market would witness market growth of 17.4% CAGR during the forecast period (2023-2030).

The uniqueness of human biometric characteristics makes them resistant to imitation, thereby enhancing the security and reliability of biometric-based authentication. Moreover, biometric authentication appeals to tech-savvy consumers who value innovative and cutting-edge solutions. The use of biometrics attracts tech-savvy individuals and positions banks as progressive institutions.

The accessibility of reliable internet access and the rapid adoption of interconnected devices in manufacturing industries also contribute to the market's growth. Significant R&D investments are being made to improve the required connectivity to the network infrastructure, which supports market shares. In addition, smart devices and IoT in the retail sector enable businesses to improve the customer experience and increase conversions by modifying day-to-day store operations and expanding managed services.

The use of biometric technology in the banking industry in the Asia Pacific region has gained significant traction in recent years, driven by several factors and needs. With the increasing sophistication of cybercriminals and the rise in online and mobile banking, banks in the Asia Pacific are adopting biometrics to enhance security and protect customer data. Many countries in the Asia Pacific region have diverse populations, including many individuals who may not have easy access to traditional banking services. Biometric authentication can enable financial institutions to reach unbanked or underbanked people by providing them with secure and convenient access to banking services through biometric identity verification.

The China market dominated the Asia Pacific Biometric Banking Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,332.6 Million by 2030. The Japan market is registering a CAGR of 16.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 18.1% during (2023 - 2030).

Based on Type, the market is segmented into Fingerprint, Facial Recognition, Hand Geometry, Iris Recognition and Others. Based on Vertical, the market is segmented into Retail, Transportation, Hospitality, Government, Healthcare and Others. Based on Component, the market is segmented into Hardware, Software and Services. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Biometric Banking Market is Projected to reach USD 16.2 Billion by 2030, at a CAGR of 16.6%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, NEC Corporation, Apple, Inc., The Charles Schwab Corporation, Mastercard Inc., Barclays Plc, Visa Inc., PayPal Holdings, Inc., Samsung Electronics Co. Ltd. and Aliph Brands.

Scope of the Study

Market Segments Covered in the Report:

By Type

• Fingerprint
• Facial Recognition
• Hand Geometry
• Iris Recognition
• Others

By Vertical

• Retail
• Transportation
• Hospitality
• Government
• Healthcare
• Others

By Component

• Hardware
• Software
• Services

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• Google LLC
• NEC Corporation
• Apple, Inc.
• The Charles Schwab Corporation
• Mastercard Inc.
• Barclays Plc
• Visa Inc.
• PayPal Holdings, Inc.
• Samsung Electronics Co. Ltd.
• Aliph Brands

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Biometric Banking Market, by Type
1.4.2 Asia Pacific Biometric Banking Market, by Vertical
1.4.3 Asia Pacific Biometric Banking Market, by Component
1.4.4 Asia Pacific Biometric Banking Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scnerio
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2020, Jul – 2023, Jun) Leading Players
4.4 Porter’s Five Forces Analysis

Chapter 5. Asia Pacific Biometric Banking Market, by Type
5.1 Asia Pacific Fingerprint Market, by Country
5.2 Asia Pacific Facial Recognition Market, by Country
5.3 Asia Pacific Hand Geometry Market, by Country
5.4 Asia Pacific Iris Recognition Market, by Country
5.5 Asia Pacific Others Market, by Country

Chapter 6. Asia Pacific Biometric Banking Market, by Vertical
6.1 Asia Pacific Retail Market, by Country
6.2 Asia Pacific Transportation Market, by Country
6.3 Asia Pacific Hospitality Market, by Country
6.4 Asia Pacific Government Market, by Country
6.5 Asia Pacific Healthcare Market, by Country
6.6 Asia Pacific Others Market, by Country

Chapter 7. Asia Pacific Biometric Banking Market, by Component
7.1 Asia Pacific Hardware Market, by Country
7.2 Asia Pacific Software Market, by Country
7.3 Asia Pacific Services Market, by Country

Chapter 8. Asia Pacific Biometric Banking Market, by Country
8.1 China Biometric Banking Market
8.1.1 China Biometric Banking Market, by Type
8.1.2 China Biometric Banking Market, by Vertical
8.1.3 China Biometric Banking Market, by Component
8.2 Japan Biometric Banking Market
8.2.1 Japan Biometric Banking Market, by Type
8.2.2 Japan Biometric Banking Market, by Vertical
8.2.3 Japan Biometric Banking Market, by Component
8.3 India Biometric Banking Market
8.3.1 India Biometric Banking Market, by Type
8.3.2 India Biometric Banking Market, by Vertical
8.3.3 India Biometric Banking Market, by Component
8.4 South Korea Biometric Banking Market
8.4.1 South Korea Biometric Banking Market, by Type
8.4.2 South Korea Biometric Banking Market, by Vertical
8.4.3 South Korea Biometric Banking Market, by Component
8.5 Singapore Biometric Banking Market
8.5.1 Singapore Biometric Banking Market, by Type
8.5.2 Singapore Biometric Banking Market, by Vertical
8.5.3 Singapore Biometric Banking Market, by Component
8.6 Malaysia Biometric Banking Market
8.6.1 Malaysia Biometric Banking Market, by Type
8.6.2 Malaysia Biometric Banking Market, by Vertical
8.6.3 Malaysia Biometric Banking Market, by Component
8.7 Rest of Asia Pacific Biometric Banking Market
8.7.1 Rest of Asia Pacific Biometric Banking Market, by Type
8.7.2 Rest of Asia Pacific Biometric Banking Market, by Vertical
8.7.3 Rest of Asia Pacific Biometric Banking Market, by Component

Chapter 9. Company Profiles
9.1 Google, LLC (Kaggle Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 NEC Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 SWOT Analysis
9.3 Apple Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Alibaba Cloud (Alibaba Group Holding Limited)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.5 SWOT Analysis
9.5 Mastercard, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.5.4.2 Product Launches and Product Expansions:
9.5.5 SWOT Analysis
9.6 Barclays PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Product Launches and Product Expansions:
9.6.5 SWOT Analysis
9.7 Visa, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Recent strategies and developments:
9.7.3.1 Partnerships, Collaborations, and Agreements:
9.7.4 SWOT Analysis
9.8 PayPal Holdings, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Samsung Electronics Co., Ltd. (Samsung Group)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Product Launches and Product Expansions:
9.9.5 SWOT Analysis
9.10. Aliph Brands LLC (JawBone)
9.10.1 Company Overview
9.10.2 SWOT Analysis

TABLE 1 Asia Pacific Biometric Banking Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Biometric Banking Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Biometric Banking Market
TABLE 4 Product Launches And Product Expansions– Biometric Banking Market
TABLE 5 Acquisition and Mergers– Biometric Banking Market
TABLE 6 Asia Pacific Biometric Banking Market, by Type, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Biometric Banking Market, by Type, 2023 - 2030, USD Million
TABLE 8 Asia Pacific Fingerprint Market, by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Fingerprint Market, by Country, 2023 - 2030, USD Million
TABLE 10 Asia Pacific Facial Recognition Market, by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Facial Recognition Market, by Country, 2023 - 2030, USD Million
TABLE 12 Asia Pacific Hand Geometry Market, by Country, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Hand Geometry Market, by Country, 2023 - 2030, USD Million
TABLE 14 Asia Pacific Iris Recognition Market, by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Iris Recognition Market, by Country, 2023 - 2030, USD Million
TABLE 16 Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 18 Asia Pacific Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
TABLE 20 Asia Pacific Retail Market, by Country, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Retail Market, by Country, 2023 - 2030, USD Million
TABLE 22 Asia Pacific Transportation Market, by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Transportation Market, by Country, 2023 - 2030, USD Million
TABLE 24 Asia Pacific Hospitality Market, by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Hospitality Market, by Country, 2023 - 2030, USD Million
TABLE 26 Asia Pacific Government Market, by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Government Market, by Country, 2023 - 2030, USD Million
TABLE 28 Asia Pacific Healthcare Market, by Country, 2019 - 2022, USD Million
TABLE 29 Asia Pacific Healthcare Market, by Country, 2023 - 2030, USD Million
TABLE 30 Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 31 Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 32 Asia Pacific Biometric Banking Market, by Component, 2019 - 2022, USD Million
TABLE 33 Asia Pacific Biometric Banking Market, by Component, 2023 - 2030, USD Million
TABLE 34 Asia Pacific Hardware Market, by Country, 2019 - 2022, USD Million
TABLE 35 Asia Pacific Hardware Market, by Country, 2023 - 2030, USD Million
TABLE 36 Asia Pacific Software Market, by Country, 2019 - 2022, USD Million
TABLE 37 Asia Pacific Software Market, by Country, 2023 - 2030, USD Million
TABLE 38 Asia Pacific Services Market, by Country, 2019 - 2022, USD Million
TABLE 39 Asia Pacific Services Market, by Country, 2023 - 2030, USD Million
TABLE 40 Asia Pacific Biometric Banking Market, by Country, 2019 - 2022, USD Million
TABLE 41 Asia Pacific Biometric Banking Market, by Country, 2023 - 2030, USD Million
TABLE 42 China Biometric Banking Market, 2019 - 2022, USD Million
TABLE 43 China Biometric Banking Market, 2023 - 2030, USD Million
TABLE 44 China Biometric Banking Market, by Type, 2019 - 2022, USD Million
TABLE 45 China Biometric Banking Market, by Type, 2023 - 2030, USD Million
TABLE 46 China Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
TABLE 47 China Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
TABLE 48 China Biometric Banking Market, by Component, 2019 - 2022, USD Million
TABLE 49 China Biometric Banking Market, by Component, 2023 - 2030, USD Million
TABLE 50 Japan Biometric Banking Market, 2019 - 2022, USD Million
TABLE 51 Japan Biometric Banking Market, 2023 - 2030, USD Million
TABLE 52 Japan Biometric Banking Market, by Type, 2019 - 2022, USD Million
TABLE 53 Japan Biometric Banking Market, by Type, 2023 - 2030, USD Million
TABLE 54 Japan Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
TABLE 55 Japan Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
TABLE 56 Japan Biometric Banking Market, by Component, 2019 - 2022, USD Million
TABLE 57 Japan Biometric Banking Market, by Component, 2023 - 2030, USD Million
TABLE 58 India Biometric Banking Market, 2019 - 2022, USD Million
TABLE 59 India Biometric Banking Market, 2023 - 2030, USD Million
TABLE 60 India Biometric Banking Market, by Type, 2019 - 2022, USD Million
TABLE 61 India Biometric Banking Market, by Type, 2023 - 2030, USD Million
TABLE 62 India Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
TABLE 63 India Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
TABLE 64 India Biometric Banking Market, by Component, 2019 - 2022, USD Million
TABLE 65 India Biometric Banking Market, by Component, 2023 - 2030, USD Million
TABLE 66 South Korea Biometric Banking Market, 2019 - 2022, USD Million
TABLE 67 South Korea Biometric Banking Market, 2023 - 2030, USD Million
TABLE 68 South Korea Biometric Banking Market, by Type, 2019 - 2022, USD Million
TABLE 69 South Korea Biometric Banking Market, by Type, 2023 - 2030, USD Million
TABLE 70 South Korea Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
TABLE 71 South Korea Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
TABLE 72 South Korea Biometric Banking Market, by Component, 2019 - 2022, USD Million
TABLE 73 South Korea Biometric Banking Market, by Component, 2023 - 2030, USD Million
TABLE 74 Singapore Biometric Banking Market, 2019 - 2022, USD Million
TABLE 75 Singapore Biometric Banking Market, 2023 - 2030, USD Million
TABLE 76 Singapore Biometric Banking Market, by Type, 2019 - 2022, USD Million
TABLE 77 Singapore Biometric Banking Market, by Type, 2023 - 2030, USD Million
TABLE 78 Singapore Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
TABLE 79 Singapore Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
TABLE 80 Singapore Biometric Banking Market, by Component, 2019 - 2022, USD Million
TABLE 81 Singapore Biometric Banking Market, by Component, 2023 - 2030, USD Million
TABLE 82 Malaysia Biometric Banking Market, 2019 - 2022, USD Million
TABLE 83 Malaysia Biometric Banking Market, 2023 - 2030, USD Million
TABLE 84 Malaysia Biometric Banking Market, by Type, 2019 - 2022, USD Million
TABLE 85 Malaysia Biometric Banking Market, by Type, 2023 - 2030, USD Million
TABLE 86 Malaysia Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
TABLE 87 Malaysia Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
TABLE 88 Malaysia Biometric Banking Market, by Component, 2019 - 2022, USD Million
TABLE 89 Malaysia Biometric Banking Market, by Component, 2023 - 2030, USD Million
TABLE 90 Rest of Asia Pacific Biometric Banking Market, 2019 - 2022, USD Million
TABLE 91 Rest of Asia Pacific Biometric Banking Market, 2023 - 2030, USD Million
TABLE 92 Rest of Asia Pacific Biometric Banking Market, by Type, 2019 - 2022, USD Million
TABLE 93 Rest of Asia Pacific Biometric Banking Market, by Type, 2023 - 2030, USD Million
TABLE 94 Rest of Asia Pacific Biometric Banking Market, by Vertical, 2019 - 2022, USD Million
TABLE 95 Rest of Asia Pacific Biometric Banking Market, by Vertical, 2023 - 2030, USD Million
TABLE 96 Rest of Asia Pacific Biometric Banking Market, by Component, 2019 - 2022, USD Million
TABLE 97 Rest of Asia Pacific Biometric Banking Market, by Component, 2023 - 2030, USD Million
TABLE 98 Key Information – Google, LLc
TABLE 99 KEY INFORMATION – NEC Corporation
TABLE 100 Key Information – Apple Inc.
TABLE 101 Key Information – Alibaba Cloud
TABLE 102 Key Information – Mastercard, Inc.
TABLE 103 Key Information – Barclays PLC
TABLE 104 Key Information – Visa, Inc.
TABLE 105 Key Information – PayPal Holdings, Inc.
TABLE 106 Key Information – Samsung Electronics Co., Ltd.
TABLE 107 Key Information – Aliph Brands LLC

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Biometric Banking Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Biometric Banking Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2020, JuL – 2023, Jun) Leading Players
FIG 7 Porter’s Five Forces Analysis - Biomatric Banking Market
FIG 8 Asia Pacific Biometric Banking Market share, by Type, 2022
FIG 9 Asia Pacific Biometric Banking Market share, by Type, 2030
FIG 10 Asia Pacific Biometric Banking Market, by Type, 2019 - 2030, USD Million
FIG 11 Asia Pacific Biometric Banking Market share, by Vertical, 2022
FIG 12 Asia Pacific Biometric Banking Market share, by Vertical, 2030
FIG 13 Asia Pacific Biometric Banking Market, by Vertical, 2019 - 2030, USD Million
FIG 14 Asia Pacific Biometric Banking Market share, by Component, 2022
FIG 15 Asia Pacific Biometric Banking Market share, by Component, 2030
FIG 16 Asia Pacific Biometric Banking Market, by Component, 2019 - 2030, USD Million
FIG 17 Asia Pacific Biometric Banking Market share, by Country, 2022
FIG 18 Asia Pacific Biometric Banking Market share, by Country, 2030
FIG 19 Asia Pacific Biometric Banking Market, by Type, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments:Google,LLc
FIG 21 SWOT Analysis: Google LLC.
FIG 22 SWOT Analysis: NEC Corporation
FIG 23 SWOT Analysis: Apple, Inc.
FIG 24 SWOT Analysis: Alibaba Cloud
FIG 25 Recent strategies and developments:Mastercard,Inc.
FIG 26 SWOT Analysis: Mastercard, Inc.
FIG 27 SWOT Analysis: Barclays Plc
FIG 28 SWOT Analysis: Visa, Inc.
FIG 29 Recent strategies and developments: PayPal Holdings, Inc.
FIG 30 SWOT Analysis: PayPal Holdings, Inc.
FIG 31 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 32 SWOT Analysis: Aliph Brands LLC