Latin America Government & Security Biometrics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Latin America Government & Security Biometrics Market is Segmented by Authentication Type (Single Authentication Factor and Multi-Factor Authentication), Contact Type (Contact-Based and Non-Contact-Based), Product Type (Voice Recognition, Facial Recognition, Fingerprint Identification, Vein Recognition, and Iris Recognition), Application (Border Control, E-Passport, E-Visa, National ID, Healthcare and Welfare, Public Safety, and Other Applications), and Country (Brazil, Mexico, and Rest of Latin America). The Market Sizes and Forecasts are Provided in Value (USD) for all the Above Segments.

Latin America Government & Security Biometrics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Latin America Government & Security Biometrics Industry Overview

The Latin American government & security biometrics market is fragmented and highly competitive and has several players. Several companies in the region are adopting strategic initiatives like introducing new products, partnerships, and mergers & acquisitions to remain competitive in the market.

  • December 2023: IDEX Biometrics and Toppan Gravity announced the launch of biometric smart cards in Latin America. The collaboration introduced biometric cards featuring the innovative IDEX Pay fingerprint authentication payment solution. The cards were expected to be available in the market by Q1 2024.
  • November 2023: Aware Inc. and Serban Group partnered to enhance the provision of biometric digital identity and authentication solutions. Their focus is on serving financial services firms, governments, and commercial enterprises in Latin America and Europe. Aware's dedicated program empowers technology providers to boost revenue streams by providing biometric solutions.

Latin America Government & Security Biometrics Market Leaders

  1. Fujitsu

  2. Thales Group

  3. HID Global Corporation

  4. Aware, Inc.

  5. NEC Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Latin America Government & Security Biometrics Market Concentration