The Europe Biometric Payment Cards Market would witness market growth of 68.4% CAGR during the forecast period (2022-2028).
From the kind of an ear to a particular odor, an entity can use a variety of factors to verify someone's identification. Biometrics, the measuring, and evaluation of a person's unique biological and behavioral features make use of these cutting-edge tools. When it relates to payment cards, one feature that is quickly becoming recognized by banks and its customers is the modest fingerprint. Fingerprint recognition technology, which is already extensively used for recognition and authorization in smartphones and computers, is now being combined into debit, credit, and prepaid cards. Biometric payment cards are a significant movement in the financial services business, driven by a variety of variables such as changes in policy, technology, and user behavior.
While financial technical innovation is not a new concept in this region, funding for new technologies has expanded dramatically in recent years, and the rate of the invention is increasing exponentially. People of this region now use mobile devices to communicate with the bank. Many individuals use a range of innovative instruments that were not available a few years ago to make transactions, transfer money, and invest. All of such technologies can help both consumers and businesses by facilitating more access to banking and financial services, expanding options, and improving operational efficiency.
In areas like internet banking, online purchase and transfer services, peer-to-peer lending, and personal investment guidance and services, it can also help to break down national boundaries and boost competitiveness. In cases where physical cash cannot be utilized, the digital euro, a virtual form of central bank money, would provide consumers and companies with more options. The digital euro, on the other hand, would be a supplement to currency, which should continue to be readily available and used.
The Germany market dominated the Europe Biometric Payment Cards Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $216.7 Million by 2028. The UK market is estimated to grow at a CAGR of 67% during (2022 - 2028). Additionally, The France market would witness a CAGR of 69.7% during (2022 - 2028).
Based on Card Type, the market is segmented into Credit Cards and Debit Cards. Based on End Use, the market is segmented into Retail, Hospitality, Transportation, Healthcare, Government, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Biometric Payment Cards Market will Hit $2.9 Billion by 2028, at a CAGR of 69%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Infineon Technologies AG, NXP Semiconductors N.V., Thales Group S.A., Visa, Inc., Mastercard, Inc., IDEX Biometrics ASA, Zwipe, Bio-idz, and Goldpac Group.
Scope of the Study
Market Segments Covered in the Report:
By Card Type
By End Use
- Retail
- Hospitality
- Transportation
- Healthcare
- Government
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Thales Group S.A.
- Visa, Inc.
- Mastercard, Inc.
- IDEX Biometrics ASA
- Zwipe
- Bio-idz
- Goldpac Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Biometric Payment Cards Market, by Card Type
1.4.2 Europe Biometric Payment Cards Market, by End Use
1.4.3 Europe Biometric Payment Cards Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2019, May – 2022, Jun) Leading Players
Chapter 4. Europe Biometric Payment Cards Market by Card Type
4.1 Europe Credit Cards Market by Country
4.2 Europe Debit Cards Market by Country
Chapter 5. Europe Biometric Payment Cards Market by End-use
5.1 Europe Retail Market by Country
5.2 Europe Hospitality Market by Country
5.3 Europe Transportation Market by Country
5.4 Europe Healthcare Market by Country
5.5 Europe Government Market by Country
5.6 Europe Others Market by Country
Chapter 6. Europe Biometric Payment Cards Market by Country
6.1 Germany Biometric Payment Cards Market
6.1.1 Germany Biometric Payment Cards Market by Card Type
6.1.2 Germany Biometric Payment Cards Market by End-use
6.2 UK Biometric Payment Cards Market
6.2.1 UK Biometric Payment Cards Market by Card Type
6.2.2 UK Biometric Payment Cards Market by End-use
6.3 France Biometric Payment Cards Market
6.3.1 France Biometric Payment Cards Market by Card Type
6.3.2 France Biometric Payment Cards Market by End-use
6.4 Russia Biometric Payment Cards Market
6.4.1 Russia Biometric Payment Cards Market by Card Type
6.4.2 Russia Biometric Payment Cards Market by End-use
6.5 Spain Biometric Payment Cards Market
6.5.1 Spain Biometric Payment Cards Market by Card Type
6.5.2 Spain Biometric Payment Cards Market by End-use
6.6 Italy Biometric Payment Cards Market
6.6.1 Italy Biometric Payment Cards Market by Card Type
6.6.2 Italy Biometric Payment Cards Market by End-use
6.7 Rest of Europe Biometric Payment Cards Market
6.7.1 Rest of Europe Biometric Payment Cards Market by Card Type
6.7.2 Rest of Europe Biometric Payment Cards Market by End-use
Chapter 7. Company Profiles
7.1 Infineon Technologies AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.6 SWOT Analysis
7.2 NXP Semiconductors N.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Thales Group S.A.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research and Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.4 Visa, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Recent strategies and developments:
7.4.3.1 Partnerships, Collaborations, and Agreements:
7.4.3.2 Product Launches and Product Expansions:
7.5 Mastercard, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Partnerships, Collaborations, and Agreements:
7.5.4.2 Product Launches and Product Expansions:
7.6 IDEX Biometrics ASA
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.7 Zwipe
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Research & Development Expense
7.7.4 Recent strategies and developments:
7.7.4.1 Partnerships, Collaborations, and Agreements:
7.8 Bio-idz
7.8.1 Company Overview
7.9 Goldpac Group
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Europe Biometric Payment Cards Market, 2022 - 2028, USD Million
TABLE 2 Partnerships, Collaborations and Agreements– Biometric Payment Cards Market
TABLE 3 Product Launches And Product Expansions– Biometric Payment Cards Market
TABLE 4 Europe Biometric Payment Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 5 Europe Credit Cards Market by Country, 2022 - 2028, USD Million
TABLE 6 Europe Debit Cards Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Biometric Payment Cards Market by End-use, 2022 - 2028, USD Million
TABLE 8 Europe Retail Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Hospitality Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Transportation Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Government Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Biometric Payment Cards Market by Country, 2022 - 2028, USD Million
TABLE 15 Germany Biometric Payment Cards Market, 2022 - 2028, USD Million
TABLE 16 Germany Biometric Payment Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 17 Germany Biometric Payment Cards Market by End-use, 2022 - 2028, USD Million
TABLE 18 UK Biometric Payment Cards Market, 2022 - 2028, USD Million
TABLE 19 UK Biometric Payment Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 20 UK Biometric Payment Cards Market by End-use, 2022 - 2028, USD Million
TABLE 21 France Biometric Payment Cards Market, 2022 - 2028, USD Million
TABLE 22 France Biometric Payment Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 23 France Biometric Payment Cards Market by End-use, 2022 - 2028, USD Million
TABLE 24 Russia Biometric Payment Cards Market, 2022 - 2028, USD Million
TABLE 25 Russia Biometric Payment Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 26 Russia Biometric Payment Cards Market by End-use, 2022 - 2028, USD Million
TABLE 27 Spain Biometric Payment Cards Market, 2022 - 2028, USD Million
TABLE 28 Spain Biometric Payment Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 29 Spain Biometric Payment Cards Market by End-use, 2022 - 2028, USD Million
TABLE 30 Italy Biometric Payment Cards Market, 2022 - 2028, USD Million
TABLE 31 Italy Biometric Payment Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 32 Italy Biometric Payment Cards Market by End-use, 2022 - 2028, USD Million
TABLE 33 Rest of Europe Biometric Payment Cards Market, 2022 - 2028, USD Million
TABLE 34 Rest of Europe Biometric Payment Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 35 Rest of Europe Biometric Payment Cards Market by End-use, 2022 - 2028, USD Million
TABLE 36 Key Information – Infineon Technologies AG
TABLE 37 Key Information – NXP Semiconductors N.V.
TABLE 38 key information – Thales Group S.A.
TABLE 39 Key Information – Visa, Inc.
TABLE 40 key Information – Mastercard, Inc.
TABLE 41 Key Information – IDEX Biometrics ASA
TABLE 42 Key Information – Zwipe
TABLE 43 Key Information – Bio-idz
TABLE 44 Key Information – Goldpac Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2019, May – 2022, Jun) Leading Players
FIG 5 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 6 Swot analysis: NXP semiconductors N.V.
FIG 7 Recent strategies and developments: Visa, Inc.
FIG 8 Recent strategies and developments: Mastercard, Inc.