Market Share of Global Biometric Card Industry
The Global Biometric Card Market is seeing intense competition among prominent vendors, who are increasingly expanding their business capabilities. As such, huge investments are being witnessed in the market, increasing competition. The market is marked by several large-scale players actively working to increase their customer base and subsequently increase their market share. Therefore, the degree of competition is considered high in the market. Some of the major players operating in the market include Zwipe AS, Thales Group, IDEX Biometrics, and STMicroelectronics, among others.
June 2022 - Zwipe and Fidor Bank announced plans to pilot biometric payment cards in Germany during the second half of 2022. The Zwipe Pay technology platform will power this. The launch of biometric cards is in line with Fidor's strategy to provide its consumers with access to digital banking and pay services in the most secure way possible.
May 2022 - Fingerprint Cards AB and Mswipe, an independent mobile POS merchant acquirer & network provider, announced their collaboration to bring biometric debit and credit cards to India. According to the company, the partnership will feature Fingerprints' T-Shape module and software platform.
Biometric Card Market Leaders
Zwipe AS
Thales Group
IDEX Biometrics ASA
STMicroelectronics NV
Visa Inc
*Disclaimer: Major Players sorted in no particular order
