Europe Biometric Payment Cards Market Size & Outlook
The biometric payment cards market in Europe is expected to reach a projected revenue of US$ 132.5 million by 2030. A compound annual growth rate of 68.4% is expected of Europe biometric payment cards market from 2024 to 2030.
Revenue, 2023 (US$M)
$3.4
Forecast, 2030 (US$M)
$132.5
CAGR, 2024 - 2030
68.4%
Report Coverage
Europe
Related Markets
Europe biometric payment cards market highlights
- The Europe biometric payment cards market generated a revenue of USD 3.4 million in 2023.
- The market is expected to grow at a CAGR of 68.4% from 2024 to 2030.
- In terms of segment, credit cards was the largest revenue generating card type in 2023.
- Credit Cards is the most lucrative card type segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 3.4 million |
| Market revenue in 2030 | USD 132.5 million |
| Growth rate | 68.4% (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 |
| Key market players worldwide | IGO Ltd, BNP Paribas Act. Cat.A, IDEX Biometrics ASA, Infineon Technologies AG, NXP Semiconductors NV, Thales Group, Mastercard Inc Class A, Visa Inc Class A, Goldpac, Bio-Idz, Zwipe |
Other key industry trends
- In terms of revenue, Europe region accounted for 5.4% of the global biometric payment cards market in 2023.
- Globally, MEA is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 633.1 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 |
|---|---|---|---|---|
| Zwipe | View profile | 11-50 | Oslo, Oslo, Norway, Europe | https://zwipe.com/ |
| Bio-Idz | View profile | 51-100 | Dubai, Dubai, United Arab Emirates, Asia | https://www.bio-idz.com |
| Goldpac | View profile | 101-250 | Zhuhai, Guangdong, China, Asia | http://www.goldpac.com/en/ |
| Visa Inc Class A | View profile | 28800 | P.O. Box 8999, San Francisco, CA, United States, 94128-8999 | https://www.usa.visa.com |
| Mastercard Inc Class A | View profile | 33400 | 2000 Purchase Street, Purchase, NY, United States, 10577 | https://www.mastercard.com |
| IDEX Biometrics ASA | View profile | 99 | Dronning Eufemias gate 16, Fornebu, Oslo, Norway, 0191 | https://www.idexbiometrics.com |
| IGO Ltd | View profile | 155 | 85 South Perth Esplanade, Suite 4, Level 5, South Shore Centre, South Perth, Perth, WA, Australia, 6151 | https://www.igo.com.au |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| BNP Paribas Act. Cat.A | View profile | 182656 | 16, Boulevard Des Italiens, Paris, France, 75009 | https://group.bnpparibas |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
Europe biometric payment cards market size, by country, 2018-2030 (US$M)
Europe Biometric Payment Cards Market Outlook Share, 2023 & 2030 (US$M)
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