Biometric Payment Cards Market to Grow at 64.3% CAGR During 2025-2030 to Reach $5.7 Billion – Growth in Fintech and Challenger Banks Expands Opportunities for Biometric Payment Innovation – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Biometric Payment Cards – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.

The global market for Biometric Payment Cards was valued at US$289.6 Million in 2024 and is projected to reach US$5.7 Billion by 2030, growing at a CAGR of 64.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the Biometric Payment Cards market is driven by several factors including increasing concerns about payment security, the rise of contactless transactions, and advancements in biometric authentication technology. The growing consumer preference for frictionless and secure payment experiences is encouraging banks and financial institutions to invest in biometric solutions.

Additionally, the expansion of digital banking ecosystems and financial inclusion initiatives in emerging economies are contributing to the widespread adoption of biometric payment cards. The increasing adoption of near-field communication (NFC) and biometric-enabled point-of-sale (POS) terminals is further facilitating market growth. As regulatory bodies enforce stringent security standards for financial transactions, the demand for biometric payment cards is expected to rise, positioning them as a mainstream payment solution in the evolving digital economy.

Report Scope

The report analyzes the Biometric Payment Cards market, presented in terms of market value. The analysis covers the key segments and geographic regions outlined below.

• Segments: Card Type (Biometric Credit Cards, Biometric Debit Cards); End-Use (Retail End-Use, Transportation End-Use, Hospitality End-Use, Healthcare End-Use, Government End-Use, Other End-Uses).
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Biometric Credit Cards segment, which is expected to reach US$4.0 Billion by 2030 with a CAGR of a 66.4%. The Biometric Debit Cards segment is also set to grow at 60% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $76.1 Million in 2024, and China, forecasted to grow at an impressive 60.7% CAGR to reach $807.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 25 companies featured in this Biometric Payment Cards market report include:

• BNP Paribas
• CardLab Aps
• Goldpac Group
• IDEMIA
• IDEX Biometrics ASA
• Infineon Technologies AG
• Linxens Holding
• Mastercard International Incorporated
• NXP Semiconductors NV
• Precise Biometrics AB
• Thales Group
• Visa, Inc.
• Zwipe AS

Key Attributes

MARKET OVERVIEW

• Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy
• How Trump’s Tariffs Impact the Market? The Big Question on Everyone’s Mind
• Biometric Payment Cards – Global Key Competitors Percentage Market Share in 2025 (E)
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)

MARKET TRENDS & DRIVERS

• Rising Demand for Contactless and Touch-Free Transactions Drives Adoption of Biometric Payment Cards
• Integration of Fingerprint Sensors in EMV Cards Throws the Spotlight on Multi-Layered Payment Security
• OEM Focus on Seamless Authentication and User Experience Strengthens Business Case for Biometric Cards
• Growing Incidence of Payment Fraud Spurs Demand for Biometric Verification in Card-Based Transactions
• Expansion of Biometric Enrollment Infrastructure in Retail Banking Accelerates Card Issuance Scalability
• Regulatory Emphasis on PSD2 and SCA Compliance Drives Shift Toward Biometric Authentication Mechanisms
• Partnerships Between Card Issuers and Biometric OEMs Propel Commercial Launches Across Global Markets
• OEM Investment in Low-Power, Flexible, and On-Card Storage Chips Enables Mass Adoption
• Rising Preference for Personalized and Secure Contactless Payments Spurs Demand Among Premium Cardholders
• Integration With NFC and Tokenization Frameworks Supports Contactless Biometric Payment Ecosystems
• Growth in Fintech and Challenger Banks Expands Opportunities for Biometric Payment Innovation
• Adoption of Biometric Cards in Social Security, Payroll, and Government Subsidy Distribution Expands Use Cases
• Surge in Remote Banking and Fintech App Users Strengthens Need for Secure Physical Authentication Alternatives
• OEM Collaborations With Retail and Transit Systems Enable Cross-Platform Biometric Card Acceptance
• Development of Biometric Dual-Interface Cards Accelerates Market Readiness for Multi-Channel Authentication
• Increased Emphasis on Privacy-by-Design and Data Protection Enhances Trust in Biometric Payment Cards
• Expansion of Trial Deployments in Asia-Pacific and Europe Validates Market Readiness and Scalability
• Integration With Loyalty Programs and Personal Finance Management Apps Boosts Consumer Engagement
• Growing Consumer Comfort With Biometric Security in Smartphones Accelerates Acceptance in Card Payments
• Advancements in Thin-Film and Organic Sensor Technology Propel Manufacturing Efficiency for Biometric Cards

For more information about this report visit https://www.researchandmarkets.com/r/mbxhsn

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900