Market Share of Next Generation Biometrics Industry
The next-generation biometrics market is highly fragmented due to numerous market players investing in technological innovation aligned with the market need. Moreover, the next-generation biometric market is highly competitive due to the expected demand in the future. Some of the key players in the market are Idemia, Fujitsu Ltd., NEC Corporation, Thales Group, and Siemens AG.
- September 2022: Onfido, the top worldwide digital identity validation, and authentication supplier launched Motion, a cutting-edge liveness solution for biometrics that will improve its Real Identity Platform. Motion is iBeta Level 2 approved and offers smooth, secure, and inclusive consumer verification.
- August 2022: IDEX Biometrics ASA and Realtime AS launched strategic cooperation to create and commercialize the world's inaugural Web3 biometric transaction card with cold storing and digital property wallets, as well as digital identity. In the first half of 2023, the marketplace is predicted to get these all-in-one biometrics payment card that complies with EMV standards.
Next Generation Biometric Market Leaders
Thales Group
NEC Corporation
Fujitsu Ltd
Siemens AG
IDEMIA
*Disclaimer: Major Players sorted in no particular order
