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market trends

ID Tech Digest – July 23, 2025

July 23, 2025

Welcome to ID Tech’s digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: Group-IB Launches BioConfirm for iGaming Identity […]

ID Tech: Why VCs Are Still Betting On Facial Recognition After the Tech Bubble Burst

June 9, 2022

A few weeks ago, we looked at how the bursting tech bubble is affecting funding for biometrics companies in the private markets. It wasn’t pretty. Investment data and VC sentiment […]

The Tech Bubble Is Bursting. VCs Are Nervous. What Does That Mean for Biometrics?

May 13, 2022

Market watchers have predicted 30 of the last three crashes, but this time the tech bubble really does seem to be bursting. In April, the Nasdaq had its worst decline […]

Biometric Security to Help Fuel Digital Wallet Transactions: Juniper Research

March 11, 2022

Juniper Research is advising merchants to increase their support for digital wallets. The recommendation is based on a new study on eComerce Payments that suggests that the use of OEM […]

Consumer Electronics and Payment Cards to Drive $5.8 Billion Fingerprint Sensor Market: Report

October 8, 2021

MarketsandMarkets is anticipating modest growth in the fingerprint sensor market in the next few years. The firm expects to see a CAGR of 10.9 percent as the market climbs from […]

AMR Report Points to Growing Demand for Automotive Biometrics

October 5, 2021

Allied Market Research (AMR) has released a new report that suggests that the market for in-car gesture recognition systems will quadruple over the course of the next decade. The report […]

MarketsandMarkets Predicts Threat of Fraud Will Drive Demand for Digital Identity Solutions

July 26, 2021

MarketsandMarkets continues to forecast major growth for the Digital Identity Solutions Market. The firm has predicted that the demand for digital identity solutions will climb from $23.3 billion to $49.5 […]

Verified Anticipates Slight Growth in Electronic Health Record Market

July 16, 2021

Verified Market Research is expecting to see moderate growth in the Electronic Health Record Market (EHR) for the next few years. The firm believes that the market will display a […]

Adroit Forecasts $12.8 Billion Risk-based Authentication Market

May 31, 2021

Adroit Market Research has released a new report that predicts that the market for risk-based authentication solutions will climb to $12.8 billion by 2028. The firm attributed much of that […]

Allied Market Research Forecasts $304.91 Billion Cybersecurity Market

April 19, 2021

Allied Market Research has published a new report that suggests that the cybersecurity market will double in the next few years. The report specifically predicts that the market will be […]

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Partners

facetec logo

FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

Unico is a global identity network that forges trust between people & companies. We identify people globally so they can have safe, efficient and private digital access to services around the world. Unico is present in over 20 countries, and serves 165 million users with over 1.5 billion identity verifications every year. We are the leading global identity network.www.unico.io

Innovatrics company logo with tagline

Innovatrics is an EU-based provider of trusted biometric solutions for governments and enterprises. Our algorithms consistently rank among the fastest and most accurate in fingerprint, face, and iris recognition. Since 2004, we have partnered with all types of organisations to build trusted and flexible biometric identification solutions. Our solutions are used in more than 80 countries, benefiting over a billion people worldwide. https://www.innovatrics.com/

Identity Week logo

Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/

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The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

Recent Posts

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  • TECH5 Names Co-Founder Rahul Parthe as New CEO

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