Global Biometric Payment Cards Market Size & Outlook
The biometric payment cards industry worldwide is expected to reach a projected revenue of US$ 2,328.1 million by 2030. A compound annual growth rate of 67.1% is expected of the worldwide biometric payment cards industry from 2024 to 2030.
Revenue, 2023 (US$M)
$64.1
Forecast, 2030 (US$M)
$2,328.1
CAGR, 2024 - 2030
67.1%
Report Coverage
Worldwide
Global biometric payment cards market, 2018-2030 (US$M)
Related Markets
Global biometric payment cards market highlights
- The global biometric payment cards market generated a revenue of USD 64.1 million in 2023 and is expected to reach USD 2,328.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 67.1% by 2030.
- In terms of segment, credit cards accounted for a revenue of USD 64.1 million in 2023.
- Credit Cards is the most lucrative card type segment registering the fastest growth during the forecast period.
- In terms of region, MEA was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 64.1 million |
| Market revenue in 2030 | USD 2,328.1 million |
| Growth rate | 67.1% (CAGR from 2023 to 2030) |
| Largest segment | Credit cards |
| Fastest growing segment | Credit Cards |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Credit Cards |
Other key industry trends
- In terms of revenue, the North America accounted for 28.0% of the global biometric payment cards market in 2023.
- By country, the South Korea is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 267.9 million by 2030.
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Biometric Payment Cards Market Scope
Biometric payment cards market segmentation & scope
Biometric Payment Cards Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global biometric payment cards market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biometric payment cards market size, 2023 (US$M)
Global biometric payment cards market share, by card type, 2023 & 2030 (%, US$M)
Biometric payment cards market: Opportunity assessment by country
Global biometric payment cards market, by region, 2023 (US$M)
| Card Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 0.0 | 0.0 | 0.0 | 12.3 | 14.6 | 18.0 | 23.4 | 33.1 | 50.9 | 85.7 | 154.8 | 298.9 | 614.1 | 65.6% |
| Europe | 0.0 | 0.0 | 0.0 | 2.3 | 2.8 | 3.5 | 4.6 | 6.6 | 10.3 | 17.6 | 32.3 | 63.4 | 132.5 | 68.4% |
| Asia Pacific | 0.0 | 0.0 | 0.0 | 10.3 | 12.5 | 15.8 | 21.0 | 30.4 | 47.8 | 82.3 | 152.2 | 300.9 | 633.1 | 69.5% |
| Latin America | 0.0 | 0.0 | 0.0 | 1.1 | 1.3 | 1.7 | 2.2 | 3.2 | 5.0 | 8.7 | 16.0 | 31.6 | 66.4 | 69.4% |
| MEA | 0.0 | 0.0 | 0.0 | 17.2 | 20.4 | 25.3 | 33.1 | 46.9 | 72.3 | 122.0 | 221.0 | 428.0 | 882.0 | 66.1% |
| Overall | 0.0 | 0.0 | 0.0 | 43.2 | 51.5 | 64.1 | 84.3 | 120.2 | 186.3 | 316.2 | 576.3 | 1,122.7 | 2,328.1 | 67.1% |
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