Next Generation Biometrics Market to Reach USD 166.7 Billion by 2035, Growing at a CAGR of 18.6%
The global Next Generation Biometrics Market was valued at USD 37.3 billion in 2022 and is projected to reach USD 166.7 billion by 2031, expanding at a compound annual growth rate (CAGR) of 18.6% from 2023 to 2031. This growth is fueled by increasing security concerns, evolving regulatory requirements, and the rapid integration of biometric technologies across smartphones, wearables, and smart infrastructure systems.
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