Skip to content
MENU
  • PRODUCTS
    • Why IDEX Biometrics?
    • IDX3200 , IDX3201 & IDX3205 products
    • TrustedBio™ family of products
    • Remote enrollment solution
  • MARKETS
    • PAYMENT CARDS
    • IDENTIFICATION
    • ACCESS CONTROL
    • HEALTHCARE
    • IOT
    • The ‘Chain of Trust’
  • ABOUT
    • COMPANY VALUES
    • EXECUTIVE TEAM
    • BOARD OF DIRECTORS
    • Intellectual Property
    • PARTNERS
    • CAREERS
    • CORPORATE GOVERNANCE
      • ARTICLES OF ASSOCIATION
      • NOMINATION COMMITTEE
      • CORPORATE GOVERNANCE REVIEW
      • AUDIT COMMITTEE CHARTER
      • CODE OF CONDUCT AND ETHICAL GUIDELINES
      • EXECUTIVE REMUNERATION POLICY AND REPORTS
  • NEWS
    • PRESS RELEASES
    • IN THE NEWS
    • CONTACTS
  • BLOG
  • RESOURCES
    • COMPANY OVERVIEW
    • EBOOKS
    • THOUGHT LEADERSHIP
    • FLYERS
    • INSIGHTS
    • eNewsletter sign-up
    • VIDEOS
    • WHITE PAPERS
  • FAQs
  • INVESTORS
    • SHARE INFORMATION
      • SHAREHOLDERS
      • PROSPECTUSES
      • DIVIDENDS
      • REGISTRAR AND AUDITOR
    • INTERIM REPORTS
    • ANNUAL REPORTS
    • EVENTS AND PRESENTATIONS
    • REGULATORY RELEASES
    • GENERAL MEETINGS
    • IR contacts
    • NEWS SIGN-UP
    • ANALYSTS
  • CONTACT
X
CLOSE
  • HOME
  • PRODUCTS
    • Why IDEX Biometrics?
    • IDX3200 , IDX3201 & IDX3205 products
    • TrustedBio™ family of products
    • Remote enrollment solution
  • MARKETS
    • PAYMENT CARDS
    • IDENTIFICATION
    • ACCESS CONTROL
    • HEALTHCARE
    • IOT
  • ABOUT
    • COMPANY VALUES
    • EXECUTIVE TEAM
    • BOARD OF DIRECTORS
    • INTELLECTUAL PROPERTY
    • PARTNERS
    • CAREERS
    • CORPORATE GOVERNANCE
      • ARTICLES OF ASSOCIATION
      • NOMINATION COMMITTEE
      • CORPORATE GOVERNANCE REVIEW
      • AUDIT COMMITTEE CHARTER
      • CODE OF CONDUCT AND ETHICAL GUIDELINES
      • EXECUTIVE REMUNERATION POLICY AND REPORTS
  • NEWSROOM
    • PRESS RELEASES
    • IN THE NEWS
    • CONTACTS
  • BLOG
  • RESOURCES
    • COMPANY OVERVIEW
    • EBOOKS
    • THOUGHT LEADERSHIP
    • FLYERS
    • INSIGHTS
    • eNEWSLETTER SIGN-UP
    • VIDEOS
    • WHITE PAPERS
  • FAQs
  • INVESTORS
    • SHARE INFORMATION
      • SHAREHOLDERS
      • PROSPECTUSES
      • DIVIDENDS
      • REGISTRAR AND AUDITOR
    • INTERIM REPORTS
    • ANNUAL REPORTS
    • EVENTS AND PRESENTATIONS
    • REGULATORY RELEASES
    • GENERAL MEETINGS
    • IR CONTACTS
    • NEWS SIGN-UP
    • ANALYSTS
  • CONTACT

FAQs

  • FAQs
    • Company
    • Enrollment
    • Fingerprint Sensors
    • Industry
    • Security
    • Terminology

HOME / FAQs / COMPANY

What is the market potential in our target markets?

Biometrics Research Group Inc. estimates the global biometrics market will grow to US$55.5 billion by 2025 from its projected 2020 value of US$35.5 billion.

Goode Intelligence forecasts that almost 579 million biometric payment cards will be in use around the world by 2023 to enable frictionless customer authentication for higher-value contactless card transactions.

WiseGuyReports notes that the global market for biometric authentication and identification was valued at US$11.76 billion in 2015 and is expected to grow to US$25.31 billion by 2020 with compound annual growth rate (CAGR) of 16.56 percent.

Allied Market Research is doubling down on its previous prediction that the global biometric sensor market will reach $1.92 billion by 2025. That figure represents a CAGR of 9.3 percent, based on a 2017 market valuation of $944 million.

CONTACT

IDEX Biometrics ASA
Dronning Eufemias gate 16
0191 Oslo
Norway

Tel: (+47) 67 83 91 19
Email: mailbox@idexbiometrics.com

PAGES

  • PRODUCTS
  • MARKETS
  • ABOUT
  • NEWSROOM
  • BLOG
  • RESOURCES
  • INVESTORS

QUICK LINKS

  • CONTACT
  • CAREERS

ENEWSLETTER SIGN-UP

Register to receive eNewsletters from the Marketing Team at IDEX Biometrics. If you wish to receive Investor Relations news, please send an email to ir@idexbiometrics.com

Copyright 2022 IDEX Biometrics ASA Privacy Policy | Cookie Policy | Terms of Use | Terms of Sale | Terms of Purchase

Download eBook