US Fingerprint Biometrics Market Size, Share & Trends Analysis Report By Type (Non-AFIS Technology, and AFIS Technology), By Offering (Hardware, Software, and Services), By End User, and Forecast, 2023 - 2030

The US Fingerprint Biometrics Market size is expected to reach $13.8 billion by 2030, rising at a market growth of 11.8% CAGR during the forecast period.

The fingerprint biometrics market in the United States has experienced significant growth over the past decade, driven by technological advancements, increasing security concerns, and the widespread adoption of biometric authentication methods across various industries. One of the key drivers fueling the growth of the fingerprint biometrics market is the rising demand for enhanced security measures across sectors such as banking and finance, government, healthcare, and law enforcement. With the increasing instances of identity theft, fraud, and unauthorized access to sensitive information, organizations are increasingly turning to fingerprint biometrics as a reliable and secure means of authentication.

Moreover, integrating fingerprint biometrics into consumer electronic devices, such as smartphones, tablets, and laptops, has further propelled industry growth. Consumers increasingly embrace biometric authentication as a convenient and secure alternative to traditional methods, such as passwords and PINs. The widespread availability of fingerprint sensors in consumer devices has significantly expanded the addressable industry for fingerprint biometrics, driving adoption across a broader user base.

Furthermore, government initiatives aimed at enhancing national security and border control have also contributed to the growth of the fingerprint biometrics market in the U.S. Government agencies have been actively deploying biometric systems for identity verification and authentication purposes, particularly in immigration and law enforcement applications.

The COVID-19 pandemic has profoundly impacted the fingerprint biometrics market in the United States. The widespread adoption of remote work policies and social distancing measures has led to a significant shift in how organizations approach authentication and access control. Traditional fingerprint-based biometric systems, which require physical contact with scanning devices, have faced challenges due to hygiene concerns and the risk of virus transmission. As a result, there has been a growing preference for contactless biometric solutions in the U.S., such as facial recognition and iris scanning, which offer a hygienic alternative to fingerprint-based systems.

Market Trends

Increasing Adoption Of Mobile Banking

The United States has witnessed a significant surge in the adoption of mobile banking, particularly leveraging fingerprint biometrics as a secure and convenient authentication method. One of the primary drivers behind the increasing adoption of fingerprint biometrics in mobile banking is the rising prevalence of smartphones equipped with biometric sensors. Many modern smartphones now come with built-in fingerprint scanners, making it easier for users to access their banking apps securely without remembering complex passwords or PINs.

Furthermore, the proliferation of mobile banking apps offered by banks and financial institutions has played a crucial role in driving adoption. There has been a surge in the adoption of mobile banking as the primary means of accessing accounts in the U.S. As Americans increasingly rely on their smartphones for various tasks, including banking, the convenience of accessing financial services with a simple fingerprint scan has become highly appealing.

According to the Federal Deposit Insurance Corporation (FDIC), the adoption of mobile banking as the primary method of account access in the U.S. has witnessed a significant surge, escalating from 9.5% in 2015 and 15.6% in 2017 to 34.0% in 2019. This trend mirrors the increasing embrace of the fingerprint biometrics market in the U.S. for mobile banking authentication.

Security concerns also play a significant role in adopting fingerprint biometrics in mobile banking. With the increasing frequency of cyber threats and identity theft, American consumers are more vigilant about safeguarding their financial information. Fingerprint biometrics offer a robust layer of security, as each person's fingerprint is unique, making it significantly more challenging for unauthorized individuals to access accounts. Therefore, the convergence of smartphone technology and heightened security concerns has propelled the widespread adoption of fingerprint biometrics in mobile banking across the United States.

Rising Need For Secure And Convenient Payment Methods

In the United States, the fingerprint biometrics market is experiencing a rising need for secure and convenient payment methods. One of the key drivers of this trend is the need for enhanced security in payment transactions. With the rise of online shopping and digital payments, there is a growing concern about fraud and identity theft. Fingerprint biometrics offer a highly secure authentication method, as each person's fingerprint is unique and difficult to replicate. This makes it an ideal solution for verifying the identity of individuals during payment transactions, reducing the risk of fraud and unauthorized access.

Additionally, the demand for more convenient payment options drives the adoption of fingerprint biometrics in the U.S. Consumers are increasingly looking for faster and more convenient ways to make payments and fingerprint biometrics offer a seamless and secure solution. With a simple finger touch, customers quickly authenticate their identity and complete their transactions, making the payment process more efficient and user-friendly.

Another factor driving the demand for fingerprint biometrics in payment transactions is the growing popularity of contactless payments. By integrating fingerprint biometrics into contactless payment systems, companies in the U.S. offer customers a secure and convenient way to pay without the need for physical contact or the use of PINs or passwords. Hence, the rising demand for enhanced security and convenience in payment transactions drives the adoption of fingerprint biometrics in the United States.

Competition Analysis

The United States has seen significant growth in the fingerprint biometrics market, with various companies leading innovation and adoption. One prominent company in the fingerprint biometrics market is Apple Inc., renowned for its Touch ID technology. Apple's integration of fingerprint sensors into its iPhones revolutionized user authentication, offering a convenient and secure way to unlock devices and authorize transactions. The company's commitment to user privacy and data security has bolstered trust in fingerprint biometrics and propelled its widespread acceptance.

3M Cogent, a subsidiary of 3M Company, is also a key player in the U.S. fingerprint biometrics market. Specializing in biometric capture devices and software solutions, 3M Cogent serves government agencies, law enforcement, and commercial organizations. Its fingerprint scanners and authentication systems are known for their accuracy, speed, and durability, making them ideal for high-volume deployment in various environments.

Another significant player is IDEMIA, a global leader in augmented identity solutions. IDEMIA provides various fingerprint biometric products and solutions for various applications, including law enforcement, border control, and civil identification. With its advanced biometric algorithms and scalable platforms, IDEMIA caters to diverse industry needs, driving innovation and reliability in fingerprint-based authentication.

Crossmatch, now part of HID Global, is another notable contender in the U.S. fingerprint biometrics sector. The company offers a comprehensive portfolio of fingerprint recognition technologies, including single-finger and multi-finger scanners and software for identity verification and access control. Crossmatch's solutions find applications in diverse industries, from healthcare and finance to transportation and enterprise security.

Additionally, Biometric technology firm Aware, Inc. also holds a significant presence in the U.S. fingerprint biometrics market. Known for its robust biometric software development kits (SDKs) and middleware, Aware enables seamless integration of fingerprint recognition capabilities into third-party systems and applications. Its solutions cater to various industries, including banking, healthcare, and government, addressing the growing demand for secure, user-friendly authentication solutions. With ongoing technological advancements and increasing adoption across various industries, fingerprint biometrics play a crucial role in shaping the future of identity verification and access control.

List of Key Companies Profiled

• HID Global Corporation (Assa Abloy AB)
• NEC Corporation
• Thales Group S.A.
• Dermalog Identification Systems Gmbh
• M2SYS Technology, Inc.
• IDEMIA SAS (Advent International, Inc.)
• BIO-key International, Inc.
• Fingerprint Cards AB
• Fingercheck LLC
• Anviz Global Inc.

US Fingerprint Biometrics Market Report Segmentation

By Type

• Non-AFIS Technology
• AFIS Technology

By Offering

• Hardware
• Software
• Services

By End User

• Government & Defense
• BFSI
• IT & Telecom
• Healthcare
• Automotive
• Travel & Tourism
• Others

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 US Fingerprint Biometrics Market, by Type
1.4.2 US Fingerprint Biometrics Market, by Offering
1.4.3 US Fingerprint Biometrics Market, by End User
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
2.2.3 Market Opportunities
2.2.4 Market Challenges
2.2.5 Market Trends

Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2022
3.2 Recent Strategies Deployed in Fingerprint Biometrics Market
3.3 Porter’s Five Forces Analysis

Chapter 4. US Fingerprint Biometrics Market
4.1 US Fingerprint Biometrics Market by Type
4.2 US Fingerprint Biometrics Market by Offering
4.3 US Fingerprint Biometrics Market by End User

Chapter 5. Company Profiles – Global Leaders
5.1 HID Global Corporation (Assa Abloy AB)
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expense
5.1.5 Recent strategies and developments:
5.1.5.1 Product Launches and Product Expansions:
5.1.5.2 Acquisition and Mergers:
5.1.6 SWOT Analysis
5.2 NEC Corporation
5.2.1 Company Overview
5.2.2 Financial Analysis
5.2.3 Segmental and Regional Analysis
5.2.4 Research & Development Expenses
5.2.5 Recent strategies and developments:
5.2.5.1 Partnerships, Collaborations, and Agreements:
5.2.6 SWOT Analysis
5.3 Thales Group S.A.
5.3.1 Company Overview
5.3.2 Financial Analysis
5.3.3 Segmental and Regional Analysis
5.3.4 Research & Development Expenses
5.3.5 SWOT Analysis
5.4 Dermalog Identification Systems Gmbh
5.4.1 Company Overview
5.4.2 Recent strategies and developments:
5.4.2.1 Acquisition and Mergers:
5.4.3 SWOT Analysis
5.5 M2SYS Technology, Inc.
5.5.1 Company Overview
5.5.2 SWOT Analysis
5.6 IDEMIA SAS (Advent International, Inc.)
5.6.1 Company Overview
5.6.2 Recent strategies and developments:
5.6.2.1 Partnerships, Collaborations, and Agreements:
5.6.3 SWOT Analysis
5.7 BIO-key International, Inc.
5.7.1 Company Overview
5.7.2 Financial Analysis
5.7.3 Research & Development Expenses
5.7.4 Recent strategies and developments:
5.7.4.1 Partnerships, Collaborations, and Agreements:
5.7.4.2 Acquisition and Mergers:
5.7.5 SWOT Analysis
5.8 Fingerprint Cards AB
5.8.1 Company Overview
5.8.2 Financial Analysis
5.8.3 Segmental and Regional Analysis
5.8.4 Recent strategies and developments:
5.8.4.1 Partnerships, Collaborations, and Agreements:
5.8.5 SWOT Analysis
5.9 Fingercheck LLC
5.9.1 Company Overview
5.9.2 SWOT Analysis
5.10. Anviz Global Inc.
5.10.1 Company Overview
5.10.2 SWOT Analysis

TABLE 1 US Fingerprint Biometrics Market, 2019 - 2022, USD Million
TABLE 2 US Fingerprint Biometrics Market, 2023 - 2030, USD Million
TABLE 3 US Fingerprint Biometrics Market by Type, 2019 - 2022, USD Million
TABLE 4 US Fingerprint Biometrics Market by Type, 2023 - 2030, USD Million
TABLE 5 US Fingerprint Biometrics Market by Offering, 2019 - 2022, USD Million
TABLE 6 US Fingerprint Biometrics Market by Offering, 2023 - 2030, USD Million
TABLE 7 US Fingerprint Biometrics Market by End User, 2019 - 2022, USD Million
TABLE 8 US Fingerprint Biometrics Market by End User, 2023 - 2030, USD Million
TABLE 9 Key Information – HID Global Corporation
TABLE 10 KEY INFORMATION – NEC Corporation
TABLE 11 Key Information – Thales Group S.A.
TABLE 12 Key Information – Dermalog Identification Systems Gmbh
TABLE 13 Key Information – M2SYS Technology, Inc.
TABLE 14 Key Information – IDEMIA SAS
TABLE 15 Key information – BIO-key International, Inc.
TABLE 16 Key Information – Fingerprint Cards AB
TABLE 17 Key Information – Fingercheck LLC
TABLE 18 Key Information – Anviz Global Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 US Fingerprint Biometrics Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Fingerprint Biometrics Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis – Fingerprint biometrics market
FIG 6 US Fingerprint Biometrics Market share by Type, 2022
FIG 7 US Fingerprint Biometrics Market share by Type, 2030
FIG 8 US Fingerprint Biometrics Market by Type, 2019 - 2030, USD Million
FIG 9 US Fingerprint Biometrics Market share by Offering, 2022
FIG 10 US Fingerprint Biometrics Market share by Offering, 2030
FIG 11 US Fingerprint Biometrics Market by Offering, 2019 - 2030, USD Million
FIG 12 US Fingerprint Biometrics Market share by End User, 2022
FIG 13 US Fingerprint Biometrics Market share by End User, 2030
FIG 14 US Fingerprint Biometrics Market by End User, 2019 - 2030, USD Million
FIG 15 Recent strategies and developments: HID Global Corporation
FIG 16 SWOT Analysis: HID Global Corporation
FIG 17 SWOT Analysis: NEC Corporation
FIG 18 SWOT Analysis: Thales Group S.A.
FIG 19 SWOT Analysis: Dermalog Identification Systems Gmbh
FIG 20 SWOT Analysis: M2SYS Technology
FIG 21 Swot Analysis: IDEMIA SAS
FIG 22 Recent strategies and developments: BIO-key International, Inc.
FIG 23 Swot Analysis: BIO-key International, Inc.
FIG 24 Swot Analysis: Fingerprint Cards AB
FIG 25 Swot Analysis: Fingercheck, LLC
FIG 26 Swot Analysis: Anviz Global Inc.