How big is the Europe BFSI Biometrics Market?

The Europe BFSI Biometrics Market size is expected to reach USD 2.30 billion in 2024 and grow at a CAGR of 15.20% to reach USD 4.60 billion by 2029. Read More

What is the current Europe BFSI Biometrics Market size?

In 2024, the Europe BFSI Biometrics Market size is expected to reach USD 2.30 billion. Read More

Who are the key players in Europe BFSI Biometrics Market?

IDEMIA, Veridium, Thales Group, HID Global Corporation and Aware, Inc. are the major companies operating in the Europe BFSI Biometrics Market. Read More

What years does this Europe BFSI Biometrics Market cover, and what was the market size in 2023?

In 2023, the Europe BFSI Biometrics Market size was estimated at USD 1.95 billion. The report covers the Europe BFSI Biometrics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe BFSI Biometrics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe BFSI Biometrics Market Size & Share Analysis - Industry Research Report

Europe BFSI Biometrics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Europe BFSI Biometrics Market Report is Segmented by Authentication Type (Single Authentication Factor, Multi-Factor Authentication), Contact Type (Contact-Based, Non-Contact Based), Product Type (Voice Recognition, Facial Recognition, Fingerprint Identification, Vein Recognition, Iris Recognition), Application (Door Security, ATM, Internet Banking, Mobile Banking, Payment Authentication), and Country (United Kingdom, Germany, France). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Europe BFSI Biometrics Industry Overview

The European BFSI biometrics market is fragmented and consists of several players. Companies in the market continuously try to increase their market presence by introducing new products, expanding their operations, or entering strategic mergers and acquisitions, partnerships, and collaborations. Some of the major players include IDEMIA, Veridium, Thales Group, HID Global Corporation, and Aware Inc.

March 2024: Mastercard and Nexi announced a strategic partnership to advance open banking payments across Europe. This collaboration will enable seamless e-commerce transactions through Nexi's gateways, benefiting merchants across Europe.
January 2024: Mastercard announced the launch of an authentication service, enabling consumers to use fingerprints and facial recognition when logging in or making changes to accounts instead of fraud-prone passwords.