U.S. Biometric Technology Market Size & Outlook, 2023-2030
U.S. biometric technology market, 2018-2030 (US$M)
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U.S. biometric technology market highlights
- The U.S. biometric technology market generated a revenue of USD 7,554.5 million in 2023 and is expected to reach USD 24,343.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 18.2% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Biometric technology market data book summary
| Market revenue in 2023 | USD 7,554.5 million |
| Market revenue in 2030 | USD 24,343.1 million |
| Growth rate | 18.2% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Service |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | Bio-K+ International, Fujitsu Ltd, Assa Abloy AB ADR, IDEMIA, LG Electronics Inc ADR, NEC Corp, Accu-Time Systems, AFIX Biometric Identification, DERMALOG, Gemalto |
Other key industry trends
- In terms of revenue, U.S. accounted for 18.4% of the global biometric technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. biometric technology market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 18,270.7 million by 2030.
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Biometric Technology Market Scope
Biometric Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. biometric technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biometric technology market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 42.27% in 2023. Horizon Databook has segmented the U.S. biometric technology market based on hardware, software, service covering the revenue growth of each sub-segment from 2018 to 2030.
In the U.S., biometric technology is widely used in defense, commerce, justice, and homeland security, among others. For instance, to prevent and detect illegal entry into the U.S., the Department of Homeland Security (DHS) uses the biometric system for better protection.
To cover the Nation through its office of OBIM, the Department of Homeland Security provides biometric identification services, which supply the technology for sharing biometric data, matching, and storing. OBIM is the prime supplier of biometric identity services for the Department of Homeland Security and maintains the most prominent biometric repository for the U.S. government.
Similarly, in cooperation with the transportation security Administration, U.S. customers and border protection, and Hartsfield-Jackson Atlanta Airport, Delta Air Lines opened Atlanta’s terminal as the country’s first curb-to-gate biometric terminal.
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Our clientele includes a mix of biometric technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. biometric technology market , including forecasts for subscribers. This country databook contains high-level insights into U.S. biometric technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. biometric technology market size, by component, 2018-2030 (US$M)
U.S. Biometric Technology Market Outlook Share, 2023 & 2030 (US$M)
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